This dossier provides a selection of statistics and facts about the global machine tool industry. It includes statistics on the global market, production and consumption values, international trade figures, and revenue figures of the largest companies within the industry.
Table of Contents
Overview
Trade
Segments
Companies
1. Overview
Description: This statistic displays the current and projected worldwide machine tool demand from 2009 to 2019. Global machine tool demand is expected to grow to some 181 billion U.S. dollars by 2019, representing 5.5 percent annual growth between 2014 and 2019.
Description: This statistic displays the projected worldwide regional machine tool demand in 2019. Machine tool demand in Western Europe is expected to grow to some 32.2 billion U.S. dollars by 2019, which represents a 5.6 percent annual increase from 2014.
Description: In 2021, the world production value of machine tools amounted to 83.9 billion U.S. dollars, representing a 24 percent increase compared to the previous year when the coronavirus pandemic caused a negative demand shock across the globe. The same year, the largest machine tool producers worldwide were Trumpf, Amada, Shenyang, and DMTG.
In 2021, China was the leading machine tool producer worldwide, with an unprecedented manufacturing record of 21.8 billion euros. In the same year, the production volume of Germany amounted to just below nine billion euros, making the country the second largest manufacturer worldwide. However, the country was in a close race with Japan, and there were differences in production, which amounted to 89 million machines. In fourth place, the U.S. lagged far behind its top-three competitors with its 6.35 billion euros worth of production.
Description: In 2021, China, Germany, and Japan were the powerhouses of machine tool industry worldwide. That year, China accounted for 31 percent of the world’s machine tool production, while Germany and Japan each accounted for 13 percent.
Description: This statistic represents the leading machine tool consumers in 2020, with a breakdown by select country. In that year, China accounted for approximately 32 percent of the world’s machine tool consumption.
2. Trade
Description: The annual trade value of machine tools worldwide experienced an increasing trend during the last two decades until 2019. In 2020, the global export trade of machine tools generated more than 2.4 billion U.S. dollars.
Description: During the last two decades, the annual trade value of machine tools for finishing metals globally almost doubled. In 2020, the total global export of machine tools for finishing metals generated over 3.3 billion U.S. dollars.
Description: The annual global trade value of machine tools for removing metals increased steadily during the last two decades. In 2020, the total export trade value of machine tools for removing metals was over 1.9 billion U.S. dollars.
Description: Over the last two decades, the annual trade value of machine tools for working metals worldwide increased rapidly. In 2020, the global export trade of machine tools for working metals generated over 7.8 billion U.S. dollars.
Description: During the last two decades, the annual trade volume of machine tools for working metals without removing materials increased with a fluctuating tendency. In 2020, the total value of global import of machine tools working for metals without removing material was worth over 1.3 billion U.S. dollars.
Description: During the last two decades, the annual trade value of machine tools for working mineral materials somewhat fluctuated with an increasing trend. In 2020, the global import trade of machine tools for working mineral materials was worth roughly 2.6 billion U.S. dollars.
Description: Over the recent two decades, the annual trade value of machine tools for working wood, bone, and plastics continuously increased, especially in export trade. In 2020, the global export of machine tools for working wood, plastic, and bone was equivalent to 7.9 billion U.S. dollars.
3. Segments
Description: Over the recent five years, European machine tools production increased somewhat steadily until the coronavirus pandemic hit. In 2020, the total machine tools production in Europe generated only 21 billion euros in economic value.
Description: In 2019, China’s machine tool exports abroad amounted to around 4.4 billion U.S. dollars, an increase of 10 percent compared to the previous year when the export value of machine tools was four billion U.S. dollars.
Description: In 2020, China imported over 108 thousand machine tools, almost doubling the import value registered in the previous year. During the period given, machine tools imports peaked in 2011 at more than 115 thousand units.
Description: This statistic shows the production value of the machine tool industry in Europe from 2017 to 2021. In 2021, countries that were members of the European Association of the Machine Tool Industries were estimated to have had a combined production value of 22.5 billion euros.
Description: This statistic shows the consumption value of the machine tool industry in Europe from 2015 to 2020 with a forecast until 2025. In 2020, countries that were members of the European Association of the Machine Tool Industries were estimated to consume machine tools worth roughly 13.1 billion euros.
Description: The statistic represents U.S. metal cutting and forming machine tool manufacturing gross output between 2008 and 2020. In 2020, this sector generated a gross output of approximately 7.7 billion U.S. dollars.
4. Companies
Description: In 2019, Japan-based Mazak generated a revenue of around 5.28 billion U.S. dollars, making it the largest machine tool manufacturer worldwide.
Description: This statistic represents DMG Mori AG’s revenue between the fiscal year of 2002 and the fiscal year of 2021. The machine tool manufacturer generated a little over two billion euros (or about 2.3 billion U.S. dollars) in revenue in the fiscal year of 2021.
Description: In the fiscal year of 2021, the German manufacturer DMG Mori AG group generated over 363 million euros (or about 413 million U.S. dollars) in sales revenue from its machine tools business segment operations in Germany.
Description: This statistic represents Trumpf Group’s global revenue from the fiscal year of 2006/07 to the fiscal year of 2020/21. In the fiscal year of 2020/21, the Germany-based manufacturer of machine tools generated just over 3.5 billion euros in revenue.
Description: This statistic represents Trumpf Group’s revenue in the fiscal year of 2020/21, by region. That year, the manufacturer of machine tools generated around 17 percent of its revenue from activities in Germany. Trumpf is ranked among the largest machine tool producers worldwide.
Source from Statista
The information set forth above is provided by Statista independently of Alibaba.com. Alibaba.com makes no representation and warranties as to the quality and reliability of the seller and products.
