Global Milling Machines Strategic Industry Report 2023-2030: Impact Of Industry 4.0, Compact Milling Machines Gain Traction, Smart Machines Grow In Popularity

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The "Milling Machines - Global Strategic Business Report" report has been added to ResearchAndMarkets's offering.
Global Milling Machines Market to Reach $10.6 Billion by 2030
The global market for Milling Machines estimated at US$6.8 Billion in the year 2022, is projected to reach a revised size of US$10.6 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.

Horizontal Milling Machines, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$7.6 Billion by the end of the analysis period. Growth in the Vertical Milling Machines segment is estimated at 4.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $261.3 Million, While China is Forecast to Grow at 6.4% CAGR
The Milling Machines market in the U.S. is estimated at US$261.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and trademarked research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via Interviews, podcasts, press statements and event keynotes

Key Attributes:

Report Attribute	Details
No. of Pages	441
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$6.8 Billion
Forecasted Market Value (USD) by 2030	$10.6 Billion
Compound Annual Growth Rate	5.7%
Regions Covered	Global

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Global Milling Machines Market in US$ billion: 2017-2021P
• COVID-19 Crisis Weakens Global Economic Environment, Triggering Negative Tide in GDP & Industrial Output Forecasts
• World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
• Global PMI Index Points for the Years 2018, 2019 & 2020
• COVID-19 Mandates Broad-based Amendments to Plant Floor & Factory Operations
• Milling Machines - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Milling Machines: An Indispensable Tool for Metal Cutting Applications
• Types of Milling Machines
• Outlook:Despite Discouraging Short-Term Outlook, Long-Term Growth Prospects Remain Optimistic
• Horizontal Milling Machines Command Major Share
• Market by Region
• Recent Market Activity
• World Brands
• Competitive Scenario

MARKET TRENDS & DRIVERS

• Industry 4.0 and its Impact on Milling Machines
• Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
• Technological Advances in CNC Milling to Radically Transform Manufacturing Arena
• Compact Milling Machines Gain Traction
• Automation Leads to Enhanced Precision and Capabilities
• Multi-Axis CNC Milling Machines Gain Traction
• Smart Machines Grow in Popularity
• Adoption of Predictive Analytics Drives Market Growth
• Sustained Growth of Green Energy Industry Bodes Well for CNC Machining
• Global Primary Energy Consumption by energy Source: 2018 and 2050
• Global Wind Power Installed Capacity (In Gigawatts (GW)) for the Years 2014, 2015, 2017, 2018 and 2019
• Global Solar Photovoltaic Annual Installed Capacity (In GW) by Leading Countries (2019)
• Reshoring Drives Growth Prospects in Developed Markets
• Proliferation of Job Shops in Developing Countries Poised to Benefit Machine Tools
• Automotive Production in Developing Countries to Drive Growth
• World Automobile Production in Million Units: 2008-2022
• Slowdown in the Aerospace Sector amidst Covid-19 Affects Near-Term Milling Machine Demand
• Global Airlines Performance by Region: 2020 Vs 2019
• Global Fleet of Commercial Aircraft (2017 & 2036) by Region (in Units)
• Steady Growth Anticipated for Multitasking Machine Tools

FOCUS ON SELECT PLAYERS (Total 113 Featured)

• Anderson International Corp
• Amada Co., Ltd.
• Batliboi Ltd.
• Ajax Machine Tools International Limited
• Archimedes Sp. z o.o.
• Alesa AG
• Baruffaldi SpA
• Dalian Machine Tool Group Corporation
• Breton S.P.A.
• Ace Micromatic Group
• Amera-Seiki
• Aardwolf Australia Pty Limited
• Azumi Machinery (Beijing) Company Limited
• China National Machinery Imp. & Exp.
• Cromwell Group (Holdings) Limited

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Attachment

• Milling Machines Market

Milling Machines Market Milling Machines Market Tags CNC Machine Tools Machining Milling Machine Milling Machines Related Links

• Global Machine Tools Market 2022-2026
• Global Milling Machines Market by Types (Horizontal Milling Machines, Vertical Milling Machines), End-Use (Aerospace & Defense, Automotive, Construction Equipment) - Forecast 2023-2030
• Milling Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user and Region

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