The global machining market size accounted for USD 402.56 billion in 2024, grew to USD 428.73 billion in 2025, and is expected to be worth around USD 755.66 billion by 2034, registering a healthy CAGR of 6.5% between 2024 and 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Machining Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Machining Market Revenue and Volume, by Type, 2024-2034
8.1.1. Lathe Machines
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. Laser Machines
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
8.1.3. Milling Machines
8.1.3.1. Market Revenue and Volume Forecast (2021-2034)
8.1.4. Grinding Machines
8.1.4.1. Market Revenue and Volume Forecast (2021-2034)
8.1.5. Winding Machines
8.1.5.1. Market Revenue and Volume Forecast (2021-2034)
8.1.6. Welding Machines
8.1.6.1. Market Revenue and Volume Forecast (2021-2034)
8.1.7. Others
8.1.7.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Machining Market Revenue and Volume, by End-Use, 2024-2034
9.1.1. Automotive
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. Aerospace & Defense
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1.3. Construction Equipment
9.1.3.1. Market Revenue and Volume Forecast (2021-2034)
9.1.4. Power & Energy
9.1.4.1. Market Revenue and Volume Forecast (2021-2034)
9.1.5. Industrial
9.1.5.1. Market Revenue and Volume Forecast (2021-2034)
9.1.6. Others
9.1.6.1. Market Revenue and Volume Forecast (2021-2034)
10.1. North America
10.1.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.1.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.1.3.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.1.4.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.2.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.2.3.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.2.4.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.2.5.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.2.6.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.3.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.3.3.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.3.4.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.3.5.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.3.6.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.4.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.4.3.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.4.4.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.4.5.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.4.6.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.5.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.5.3.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)
10.5.4.2. Market Revenue and Volume Forecast, by End-Use (2021-2034)
11.1. AMADA Co. Ltd.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Bystronic Laser AG
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Atlas Copco AB
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. DMG MORI Co Ltd
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Guangzhou Komaspec Mechanical and Electrical Products Manufacturing Co. Ltd.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. FANUC Corp.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. IPG Photonics Corp.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Jet Edge Inc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Jenoptik AG
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. JTEKT Corp.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
13.1. About Us
13.2. Glossary of Terms
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