Machine Tools Market in US 2017-2021
No of Pages – 70
Publishing Date - April 12, 2017
Browse detailed TOC, Tables, Figures, Charts in Machine Tools Market in US 2017-2021 at -
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About Machine Tools
A machine tool is defined as a machine for shaping and machining metals or other rigid materials in
a wide range of industrial applications. These tools are extensively used across the automotive,
aerospace, and electronics industries.
Technavio’s analysts forecast the machine tools market in the US to grow at a CAGR of 4.34%
during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the machine tools market in the
US for 2017-2021. To calculate the market size, the report considers the new installations, sales,
value and retrofit, replacement, spares, aftermarket, services market.
Technavio's report, Machine Tools Market in the US 2017-2021, has been prepared based on an in-
depth market analysis with inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Dalian Machine
• DMG MORI
• Haas Automation
• JTEKT
• Komatsu
Other prominent vendors
• Amada Machine Tools
• Fives
• Gleason
• Hardinge
• Mitsubishi Electric
• Makino
• Okuma
• Yamazaki Mazak
• TRUMPF
Market driver
• Increased demand for fabricated metal products