Milling Machine Market
PUBLISHED: 2020 ID: SMRC19577
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Milling Machine Market

Milling Machine - Global Market Outlook (2019-2027)

4.9 (68 reviews)
4.9 (68 reviews)
Published: 2020 ID: SMRC19577

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Milling Machine Market is accounted for $67,577.46 million in 2019 and is expected to reach $134,652.31 million by 2027 growing at a CAGR of 9.0% during the forecast period. Some of the key factors propelling the market growth are growing demand for customized mass production, industry automation, and increasing demand for computer numerical control (CNC) machines. However, the high installation and maintenance cost is the restraining factor for the growth of the market.

Milling machines are multi-purpose machines that are capable of milling different materials. They are versatile machines that can perform a group of functions such as chamfering, turning, gear cutting, drilling, facing, slot cutting, and fillet making. These machines are implemented in metal cutting applications across several industries.

By product type, the horizontal milling machine segment is expected to grow at a significant market share during the forecast period which is attributed to its growing popularity as it can deliver a better surface finish and an extended tool life. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period owing to the presence of various key players coupled with the supportive government initiatives.

Some of the key players in Milling Machine Market include Amera Seiki, Okuma Corporation, Yamazaki Mazak Corporation, Haas Automation Inc, Hurco Companies Inc, AMADA CO LTD, DATRON Dynamics Inc, FANUC CORPORATION, Dalian Machine Tool Group (DMTG) Corporation, and Shenyang Machine Tool Co.

Product Types Covered:
• Fixed Bed Milling Machine
• Horizontal Milling Machine
• Vertical Milling Machine
• Planner Milling Machine
• Computer Numerical Control (CNC) Milling Machine

Types Covered:
• Semi-Automatic
• Manual
• Automatic

Distribution Channels Covered:
• Offline
• Online

Applications Covered:
• Transport Machinery
• Precision Engineering
• General Machinery
• Electrical

End Users Covered:
• Construction Equipment
• Industrial
• Automotive
• Power & Energy
• Aerospace & Defense

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

Table of Contents

1 Executive Summary    
      
2 Preface 
    
 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
      
3 Market Trend Analysis   

 3.1 Introduction   
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities   
 3.5 Threats    
 3.6 Application Analysis   
 3.7 End User Analysis   
 3.8 Emerging Markets   
 3.9 Impact of Covid-19   
      
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes   
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Milling Machine Market, By Product Type 
 5.1 Introduction   
 5.2 Fixed Bed Milling Machine  
 5.3 Horizontal Milling Machine  
 5.4 Vertical Milling Machine  
 5.5 Planner Milling Machine  
 5.6 Computer Numerical Control (CNC) Milling Machine
      
6 Global Milling Machine Market, By Type  
 6.1 Introduction   
 6.2 Semi-Automatic   
 6.3 Manual    
 6.4 Automatic   
      
7 Global Milling Machine Market, By Distribution Channel
 7.1 Introduction   
 7.2 Offline    
 7.3 Online    
      
8 Global Milling Machine Market, By Application 
 8.1 Introduction   
 8.2 Transport Machinery   
 8.3 Precision Engineering  
 8.4 General Machinery   
 8.5 Electrical    
      
9 Global Milling Machine Market, By End User 

 9.1 Introduction   
 9.2 Construction Equipment  
 9.3 Industrial    
 9.4 Automotive   
 9.5 Power & Energy   
 9.6 Aerospace & Defense  
      
10 Global Milling Machine Market, By Geography 
 10.1 Introduction   
 10.2 North America   
  10.2.1 US   
  10.2.2 Canada   
  10.2.3 Mexico   
 10.3 Europe    
  10.3.1 Germany   
  10.3.2 UK   
  10.3.3 Italy   
  10.3.4 France   
  10.3.5 Spain   
  10.3.6 Rest of Europe  
 10.4 Asia Pacific   
  10.4.1 Japan   
  10.4.2 China   
  10.4.3 India   
  10.4.4 Australia   
  10.4.5 New Zealand  
  10.4.6 South Korea  
  10.4.7 Rest of Asia Pacific  
 10.5 South America   
  10.5.1 Argentina   
  10.5.2 Brazil   
  10.5.3 Chile   
  10.5.4 Rest of South America 
 10.6 Middle East & Africa   
  10.6.1 Saudi Arabia  
  10.6.2 UAE   
  10.6.3 Qatar   
  10.6.4 South Africa  
  10.6.5 Rest of Middle East & Africa 
      
11 Key Developments    
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers  
 11.3 New Product Launch   
 11.4 Expansions   
 11.5 Other Key Strategies   
      
12 Company Profiling  
  
 12.1 Amera Seiki   
 12.2 Okuma Corporation   
 12.3 Yamazaki Mazak Corporation  
 12.4 Haas Automation Inc   
 12.5 Hurco Companies Inc  
 12.6 AMADA CO LTD   
 12.7 DATRON Dynamics Inc  
 12.8 FANUC CORPORATION  
 12.9 Dalian Machine Tool Group (DMTG) Corporation
 12.10 Shenyang Machine Tool Co  


List of Tables     
1 Global Milling Machine Market Outlook, By Region (2018-2027) ($MN)
2 Global Milling Machine Market Outlook, By Product Type (2018-2027) ($MN)
3 Global Milling Machine Market Outlook, By Fixed Bed Milling Machine (2018-2027) ($MN)
4 Global Milling Machine Market Outlook, By Horizontal Milling Machine (2018-2027) ($MN)
5 Global Milling Machine Market Outlook, By Vertical Milling Machine (2018-2027) ($MN)
6 Global Milling Machine Market Outlook, By Planner Milling Machine (2018-2027) ($MN)
7 Global Milling Machine Market Outlook, By Computer Numerical Control (CNC) Milling Machine (2018-2027) ($MN)
8 Global Milling Machine Market Outlook, By Type (2018-2027) ($MN)
9 Global Milling Machine Market Outlook, By Semi-Automatic (2018-2027) ($MN)
10 Global Milling Machine Market Outlook, By Manual (2018-2027) ($MN)
11 Global Milling Machine Market Outlook, By Automatic (2018-2027) ($MN)
12 Global Milling Machine Market Outlook, By Distribution Channel (2018-2027) ($MN)
13 Global Milling Machine Market Outlook, By Offline (2018-2027) ($MN)
14 Global Milling Machine Market Outlook, By Online (2018-2027) ($MN)
15 Global Milling Machine Market Outlook, By Application (2018-2027) ($MN)
16 Global Milling Machine Market Outlook, By Transport Machinery (2018-2027) ($MN)
17 Global Milling Machine Market Outlook, By Precision Engineering (2018-2027) ($MN)
18 Global Milling Machine Market Outlook, By General Machinery (2018-2027) ($MN)
19 Global Milling Machine Market Outlook, By Electrical (2018-2027) ($MN)
20 Global Milling Machine Market Outlook, By End User (2018-2027) ($MN)
21 Global Milling Machine Market Outlook, By Construction Equipment (2018-2027) ($MN)
22 Global Milling Machine Market Outlook, By Industrial (2018-2027) ($MN)
23 Global Milling Machine Market Outlook, By Automotive (2018-2027) ($MN)
24 Global Milling Machine Market Outlook, By Power & Energy (2018-2027) ($MN)
25 Global Milling Machine Market Outlook, By Aerospace & Defense (2018-2027) ($MN)
26 North America Milling Machine Market Outlook, By Country (2018-2027) ($MN)
27 North America Milling Machine Market Outlook, By Product Type (2018-2027) ($MN)
28 North America Milling Machine Market Outlook, By Fixed Bed Milling Machine (2018-2027) ($MN)
29 North America Milling Machine Market Outlook, By Horizontal Milling Machine (2018-2027) ($MN)
30 North America Milling Machine Market Outlook, By Vertical Milling Machine (2018-2027) ($MN)
31 North America Milling Machine Market Outlook, By Planner Milling Machine (2018-2027) ($MN)
32 North America Milling Machine Market Outlook, By Computer Numerical Control (CNC) Milling Machine (2018-2027) ($MN)
33 North America Milling Machine Market Outlook, By Type (2018-2027) ($MN)
34 North America Milling Machine Market Outlook, By Semi-Automatic (2018-2027) ($MN)
35 North America Milling Machine Market Outlook, By Manual (2018-2027) ($MN)
36 North America Milling Machine Market Outlook, By Automatic (2018-2027) ($MN)
37 North America Milling Machine Market Outlook, By Distribution Channel (2018-2027) ($MN)
38 North America Milling Machine Market Outlook, By Offline (2018-2027) ($MN)
39 North America Milling Machine Market Outlook, By Online (2018-2027) ($MN)
40 North America Milling Machine Market Outlook, By Application (2018-2027) ($MN)
41 North America Milling Machine Market Outlook, By Transport Machinery (2018-2027) ($MN)
42 North America Milling Machine Market Outlook, By Precision Engineering (2018-2027) ($MN)
43 North America Milling Machine Market Outlook, By General Machinery (2018-2027) ($MN)
44 North America Milling Machine Market Outlook, By Electrical (2018-2027) ($MN)
45 North America Milling Machine Market Outlook, By End User (2018-2027) ($MN)
46 North America Milling Machine Market Outlook, By Construction Equipment (2018-2027) ($MN)
47 North America Milling Machine Market Outlook, By Industrial (2018-2027) ($MN)
48 North America Milling Machine Market Outlook, By Automotive (2018-2027) ($MN)
49 North America Milling Machine Market Outlook, By Power & Energy (2018-2027) ($MN)
50 North America Milling Machine Market Outlook, By Aerospace & Defense (2018-2027) ($MN)
51 Europe Milling Machine Market Outlook, By Country (2018-2027) ($MN)
52 Europe Milling Machine Market Outlook, By Product Type (2018-2027) ($MN)
53 Europe Milling Machine Market Outlook, By Fixed Bed Milling Machine (2018-2027) ($MN)
54 Europe Milling Machine Market Outlook, By Horizontal Milling Machine (2018-2027) ($MN)
55 Europe Milling Machine Market Outlook, By Vertical Milling Machine (2018-2027) ($MN)
56 Europe Milling Machine Market Outlook, By Planner Milling Machine (2018-2027) ($MN)
57 Europe Milling Machine Market Outlook, By Computer Numerical Control (CNC) Milling Machine (2018-2027) ($MN)
58 Europe Milling Machine Market Outlook, By Type (2018-2027) ($MN)
59 Europe Milling Machine Market Outlook, By Semi-Automatic (2018-2027) ($MN)
60 Europe Milling Machine Market Outlook, By Manual (2018-2027) ($MN)
61 Europe Milling Machine Market Outlook, By Automatic (2018-2027) ($MN)
62 Europe Milling Machine Market Outlook, By Distribution Channel (2018-2027) ($MN)
63 Europe Milling Machine Market Outlook, By Offline (2018-2027) ($MN)
64 Europe Milling Machine Market Outlook, By Online (2018-2027) ($MN)
65 Europe Milling Machine Market Outlook, By Application (2018-2027) ($MN)
66 Europe Milling Machine Market Outlook, By Transport Machinery (2018-2027) ($MN)
67 Europe Milling Machine Market Outlook, By Precision Engineering (2018-2027) ($MN)
68 Europe Milling Machine Market Outlook, By General Machinery (2018-2027) ($MN)
69 Europe Milling Machine Market Outlook, By Electrical (2018-2027) ($MN)
70 Europe Milling Machine Market Outlook, By End User (2018-2027) ($MN)
71 Europe Milling Machine Market Outlook, By Construction Equipment (2018-2027) ($MN)
72 Europe Milling Machine Market Outlook, By Industrial (2018-2027) ($MN)
73 Europe Milling Machine Market Outlook, By Automotive (2018-2027) ($MN)
74 Europe Milling Machine Market Outlook, By Power & Energy (2018-2027) ($MN)
75 Europe Milling Machine Market Outlook, By Aerospace & Defense (2018-2027) ($MN)
76 Asia Pacific Milling Machine Market Outlook, By Country (2018-2027) ($MN)
77 Asia Pacific Milling Machine Market Outlook, By Product Type (2018-2027) ($MN)
78 Asia Pacific Milling Machine Market Outlook, By Fixed Bed Milling Machine (2018-2027) ($MN)
79 Asia Pacific Milling Machine Market Outlook, By Horizontal Milling Machine (2018-2027) ($MN)
80 Asia Pacific Milling Machine Market Outlook, By Vertical Milling Machine (2018-2027) ($MN)
81 Asia Pacific Milling Machine Market Outlook, By Planner Milling Machine (2018-2027) ($MN)
82 Asia Pacific Milling Machine Market Outlook, By Computer Numerical Control (CNC) Milling Machine (2018-2027) ($MN)
83 Asia Pacific Milling Machine Market Outlook, By Type (2018-2027) ($MN)
84 Asia Pacific Milling Machine Market Outlook, By Semi-Automatic (2018-2027) ($MN)
85 Asia Pacific Milling Machine Market Outlook, By Manual (2018-2027) ($MN)
86 Asia Pacific Milling Machine Market Outlook, By Automatic (2018-2027) ($MN)
87 Asia Pacific Milling Machine Market Outlook, By Distribution Channel (2018-2027) ($MN)
88 Asia Pacific Milling Machine Market Outlook, By Offline (2018-2027) ($MN)
89 Asia Pacific Milling Machine Market Outlook, By Online (2018-2027) ($MN)
90 Asia Pacific Milling Machine Market Outlook, By Application (2018-2027) ($MN)
91 Asia Pacific Milling Machine Market Outlook, By Transport Machinery (2018-2027) ($MN)
92 Asia Pacific Milling Machine Market Outlook, By Precision Engineering (2018-2027) ($MN)
93 Asia Pacific Milling Machine Market Outlook, By General Machinery (2018-2027) ($MN)
94 Asia Pacific Milling Machine Market Outlook, By Electrical (2018-2027) ($MN)
95 Asia Pacific Milling Machine Market Outlook, By End User (2018-2027) ($MN)
96 Asia Pacific Milling Machine Market Outlook, By Construction Equipment (2018-2027) ($MN)
97 Asia Pacific Milling Machine Market Outlook, By Industrial (2018-2027) ($MN)
98 Asia Pacific Milling Machine Market Outlook, By Automotive (2018-2027) ($MN)
99 Asia Pacific Milling Machine Market Outlook, By Power & Energy (2018-2027) ($MN)
100 Asia Pacific Milling Machine Market Outlook, By Aerospace & Defense (2018-2027) ($MN)
101 South America Milling Machine Market Outlook, By Country (2018-2027) ($MN)
102 South America Milling Machine Market Outlook, By Product Type (2018-2027) ($MN)
103 South America Milling Machine Market Outlook, By Fixed Bed Milling Machine (2018-2027) ($MN)
104 South America Milling Machine Market Outlook, By Horizontal Milling Machine (2018-2027) ($MN)
105 South America Milling Machine Market Outlook, By Vertical Milling Machine (2018-2027) ($MN)
106 South America Milling Machine Market Outlook, By Planner Milling Machine (2018-2027) ($MN)
107 South America Milling Machine Market Outlook, By Computer Numerical Control (CNC) Milling Machine (2018-2027) ($MN)
108 South America Milling Machine Market Outlook, By Type (2018-2027) ($MN)
109 South America Milling Machine Market Outlook, By Semi-Automatic (2018-2027) ($MN)
110 South America Milling Machine Market Outlook, By Manual (2018-2027) ($MN)
111 South America Milling Machine Market Outlook, By Automatic (2018-2027) ($MN)
112 South America Milling Machine Market Outlook, By Distribution Channel (2018-2027) ($MN)
113 South America Milling Machine Market Outlook, By Offline (2018-2027) ($MN)
114 South America Milling Machine Market Outlook, By Online (2018-2027) ($MN)
115 South America Milling Machine Market Outlook, By Application (2018-2027) ($MN)
116 South America Milling Machine Market Outlook, By Transport Machinery (2018-2027) ($MN)
117 South America Milling Machine Market Outlook, By Precision Engineering (2018-2027) ($MN)
118 South America Milling Machine Market Outlook, By General Machinery (2018-2027) ($MN)
119 South America Milling Machine Market Outlook, By Electrical (2018-2027) ($MN)
120 South America Milling Machine Market Outlook, By End User (2018-2027) ($MN)
121 South America Milling Machine Market Outlook, By Construction Equipment (2018-2027) ($MN)
122 South America Milling Machine Market Outlook, By Industrial (2018-2027) ($MN)
123 South America Milling Machine Market Outlook, By Automotive (2018-2027) ($MN)
124 South America Milling Machine Market Outlook, By Power & Energy (2018-2027) ($MN)
125 South America Milling Machine Market Outlook, By Aerospace & Defense (2018-2027) ($MN)
126 Middle East & Africa Milling Machine Market Outlook, By Country (2018-2027) ($MN)
127 Middle East & Africa Milling Machine Market Outlook, By Product Type (2018-2027) ($MN)
128 Middle East & Africa Milling Machine Market Outlook, By Fixed Bed Milling Machine (2018-2027) ($MN)
129 Middle East & Africa Milling Machine Market Outlook, By Horizontal Milling Machine (2018-2027) ($MN)
130 Middle East & Africa Milling Machine Market Outlook, By Vertical Milling Machine (2018-2027) ($MN)
131 Middle East & Africa Milling Machine Market Outlook, By Planner Milling Machine (2018-2027) ($MN)
132 Middle East & Africa Milling Machine Market Outlook, By Computer Numerical Control (CNC) Milling Machine (2018-2027) ($MN)
133 Middle East & Africa Milling Machine Market Outlook, By Type (2018-2027) ($MN)
134 Middle East & Africa Milling Machine Market Outlook, By Semi-Automatic (2018-2027) ($MN)
135 Middle East & Africa Milling Machine Market Outlook, By Manual (2018-2027) ($MN)
136 Middle East & Africa Milling Machine Market Outlook, By Automatic (2018-2027) ($MN)
137 Middle East & Africa Milling Machine Market Outlook, By Distribution Channel (2018-2027) ($MN)
138 Middle East & Africa Milling Machine Market Outlook, By Offline (2018-2027) ($MN)
139 Middle East & Africa Milling Machine Market Outlook, By Online (2018-2027) ($MN)
140 Middle East & Africa Milling Machine Market Outlook, By Application (2018-2027) ($MN)
141 Middle East & Africa Milling Machine Market Outlook, By Transport Machinery (2018-2027) ($MN)
142 Middle East & Africa Milling Machine Market Outlook, By Precision Engineering (2018-2027) ($MN)
143 Middle East & Africa Milling Machine Market Outlook, By General Machinery (2018-2027) ($MN)
144 Middle East & Africa Milling Machine Market Outlook, By Electrical (2018-2027) ($MN)
145 Middle East & Africa Milling Machine Market Outlook, By End User (2018-2027) ($MN)
146 Middle East & Africa Milling Machine Market Outlook, By Construction Equipment (2018-2027) ($MN)
147 Middle East & Africa Milling Machine Market Outlook, By Industrial (2018-2027) ($MN)
148 Middle East & Africa Milling Machine Market Outlook, By Automotive (2018-2027) ($MN)
149 Middle East & Africa Milling Machine Market Outlook, By Power & Energy (2018-2027) ($MN)
150 Middle East & Africa Milling Machine Market Outlook, By Aerospace & Defense (2018-2027) ($MN

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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