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Home Semiconductor & Electronics Machine Tools Market Size, Share | Growth Report 2033
Machine Tools Market

Machine Tools Market Size, Share & Trends Analysis Report By Tool Type (Metal Cutting, Metal Forming), By Technology (CNC, Non-CNC), By End-User (Automotive, Industrial Machinery, Metal Industry, Medical Industry, Electrical and Electronics, Heavy Equipment, Aerospace and Defense, Marine and Offshoring, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRSE55755DR
Last Updated : Oct 16, 2024
Author : Straits Research
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Market Segmentation

  1. Machine Tools Market, By Tool Type (2021-2033)
    1. Metal Cutting
      1. Machining Centers
      2. Lathe
      3. Grinding and Polishing
      4. Laser, Electrical Discharge Machines (EDMs), and Other Tools
      5. Other Metal Cutting Tools
    2. Metal Forming
      1. Bending and Forming
      2. Pressing
      3. Punching and Shearing
      4. Other Metal tools
  2. Machine Tools Market, By Technology (2021-2033)
    1. CNC
    2. Non-CNC
  3. Machine Tools Market, By End-User (2021-2033)
    1. Automotive
    2. Industrial Machinery
    3. Metal Industry
    4. Medical Industry
    5. Electrical and Electronics
    6. Heavy Equipment
    7. Aerospace and Defense
    8. Marine and Offshoring
    9. Others
    1. North America
      1. North America Machine Tools Market, By Tool Type
        1. Metal Cutting
          1. Machining Centers
            1. Lathe
              1. Grinding and Polishing
                1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                  1. Other Metal Cutting Tools
                  2. Metal Forming
                    1. Bending and Forming
                      1. Pressing
                        1. Punching and Shearing
                          1. Other Metal tools
                        2. North America Machine Tools Market, By Technology
                          1. CNC
                            1. Non-CNC
                            2. North America Machine Tools Market, By End-User
                              1. Automotive
                                1. Industrial Machinery
                                  1. Metal Industry
                                    1. Medical Industry
                                      1. Electrical and Electronics
                                        1. Heavy Equipment
                                          1. Aerospace and Defense
                                            1. Marine and Offshoring
                                              1. Others
                                              2. U.S.
                                                1. U.S. Machine Tools Market, By Tool Type
                                                  1. Metal Cutting
                                                    1. Machining Centers
                                                      1. Lathe
                                                        1. Grinding and Polishing
                                                          1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                            1. Other Metal Cutting Tools
                                                            2. Metal Forming
                                                              1. Bending and Forming
                                                                1. Pressing
                                                                  1. Punching and Shearing
                                                                    1. Other Metal tools
                                                                  2. U.S. Machine Tools Market, By Technology
                                                                    1. CNC
                                                                      1. Non-CNC
                                                                      2. U.S. Machine Tools Market, By End-User
                                                                        1. Automotive
                                                                          1. Industrial Machinery
                                                                            1. Metal Industry
                                                                              1. Medical Industry
                                                                                1. Electrical and Electronics
                                                                                  1. Heavy Equipment
                                                                                    1. Aerospace and Defense
                                                                                      1. Marine and Offshoring
                                                                                        1. Others
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Europe Machine Tools Market, By Tool Type
                                                                                        1. Metal Cutting
                                                                                          1. Machining Centers
                                                                                            1. Lathe
                                                                                              1. Grinding and Polishing
                                                                                                1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                  1. Other Metal Cutting Tools
                                                                                                  2. Metal Forming
                                                                                                    1. Bending and Forming
                                                                                                      1. Pressing
                                                                                                        1. Punching and Shearing
                                                                                                          1. Other Metal tools
                                                                                                        2. Europe Machine Tools Market, By Technology
                                                                                                          1. CNC
                                                                                                            1. Non-CNC
                                                                                                            2. Europe Machine Tools Market, By End-User
                                                                                                              1. Automotive
                                                                                                                1. Industrial Machinery
                                                                                                                  1. Metal Industry
                                                                                                                    1. Medical Industry
                                                                                                                      1. Electrical and Electronics
                                                                                                                        1. Heavy Equipment
                                                                                                                          1. Aerospace and Defense
                                                                                                                            1. Marine and Offshoring
                                                                                                                              1. Others
                                                                                                                              2. U.K.
                                                                                                                                1. U.K. Machine Tools Market, By Tool Type
                                                                                                                                  1. Metal Cutting
                                                                                                                                    1. Machining Centers
                                                                                                                                      1. Lathe
                                                                                                                                        1. Grinding and Polishing
                                                                                                                                          1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                            1. Other Metal Cutting Tools
                                                                                                                                            2. Metal Forming
                                                                                                                                              1. Bending and Forming
                                                                                                                                                1. Pressing
                                                                                                                                                  1. Punching and Shearing
                                                                                                                                                    1. Other Metal tools
                                                                                                                                                  2. U.K. Machine Tools Market, By Technology
                                                                                                                                                    1. CNC
                                                                                                                                                      1. Non-CNC
                                                                                                                                                      2. U.K. Machine Tools Market, By End-User
                                                                                                                                                        1. Automotive
                                                                                                                                                          1. Industrial Machinery
                                                                                                                                                            1. Metal Industry
                                                                                                                                                              1. Medical Industry
                                                                                                                                                                1. Electrical and Electronics
                                                                                                                                                                  1. Heavy Equipment
                                                                                                                                                                    1. Aerospace and Defense
                                                                                                                                                                      1. Marine and Offshoring
                                                                                                                                                                        1. Others
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. APAC Machine Tools Market, By Tool Type
                                                                                                                                                                        1. Metal Cutting
                                                                                                                                                                          1. Machining Centers
                                                                                                                                                                            1. Lathe
                                                                                                                                                                              1. Grinding and Polishing
                                                                                                                                                                                1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                                                                  1. Other Metal Cutting Tools
                                                                                                                                                                                  2. Metal Forming
                                                                                                                                                                                    1. Bending and Forming
                                                                                                                                                                                      1. Pressing
                                                                                                                                                                                        1. Punching and Shearing
                                                                                                                                                                                          1. Other Metal tools
                                                                                                                                                                                        2. APAC Machine Tools Market, By Technology
                                                                                                                                                                                          1. CNC
                                                                                                                                                                                            1. Non-CNC
                                                                                                                                                                                            2. APAC Machine Tools Market, By End-User
                                                                                                                                                                                              1. Automotive
                                                                                                                                                                                                1. Industrial Machinery
                                                                                                                                                                                                  1. Metal Industry
                                                                                                                                                                                                    1. Medical Industry
                                                                                                                                                                                                      1. Electrical and Electronics
                                                                                                                                                                                                        1. Heavy Equipment
                                                                                                                                                                                                          1. Aerospace and Defense
                                                                                                                                                                                                            1. Marine and Offshoring
                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. China Machine Tools Market, By Tool Type
                                                                                                                                                                                                                  1. Metal Cutting
                                                                                                                                                                                                                    1. Machining Centers
                                                                                                                                                                                                                      1. Lathe
                                                                                                                                                                                                                        1. Grinding and Polishing
                                                                                                                                                                                                                          1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                                                                                                            1. Other Metal Cutting Tools
                                                                                                                                                                                                                            2. Metal Forming
                                                                                                                                                                                                                              1. Bending and Forming
                                                                                                                                                                                                                                1. Pressing
                                                                                                                                                                                                                                  1. Punching and Shearing
                                                                                                                                                                                                                                    1. Other Metal tools
                                                                                                                                                                                                                                  2. China Machine Tools Market, By Technology
                                                                                                                                                                                                                                    1. CNC
                                                                                                                                                                                                                                      1. Non-CNC
                                                                                                                                                                                                                                      2. China Machine Tools Market, By End-User
                                                                                                                                                                                                                                        1. Automotive
                                                                                                                                                                                                                                          1. Industrial Machinery
                                                                                                                                                                                                                                            1. Metal Industry
                                                                                                                                                                                                                                              1. Medical Industry
                                                                                                                                                                                                                                                1. Electrical and Electronics
                                                                                                                                                                                                                                                  1. Heavy Equipment
                                                                                                                                                                                                                                                    1. Aerospace and Defense
                                                                                                                                                                                                                                                      1. Marine and Offshoring
                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Singapore
                                                                                                                                                                                                                                                      7. Taiwan
                                                                                                                                                                                                                                                      8. South East Asia
                                                                                                                                                                                                                                                      9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Middle East and Africa Machine Tools Market, By Tool Type
                                                                                                                                                                                                                                                        1. Metal Cutting
                                                                                                                                                                                                                                                          1. Machining Centers
                                                                                                                                                                                                                                                            1. Lathe
                                                                                                                                                                                                                                                              1. Grinding and Polishing
                                                                                                                                                                                                                                                                1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                                                                                                                                                  1. Other Metal Cutting Tools
                                                                                                                                                                                                                                                                  2. Metal Forming
                                                                                                                                                                                                                                                                    1. Bending and Forming
                                                                                                                                                                                                                                                                      1. Pressing
                                                                                                                                                                                                                                                                        1. Punching and Shearing
                                                                                                                                                                                                                                                                          1. Other Metal tools
                                                                                                                                                                                                                                                                        2. Middle East and Africa Machine Tools Market, By Technology
                                                                                                                                                                                                                                                                          1. CNC
                                                                                                                                                                                                                                                                            1. Non-CNC
                                                                                                                                                                                                                                                                            2. Middle East and Africa Machine Tools Market, By End-User
                                                                                                                                                                                                                                                                              1. Automotive
                                                                                                                                                                                                                                                                                1. Industrial Machinery
                                                                                                                                                                                                                                                                                  1. Metal Industry
                                                                                                                                                                                                                                                                                    1. Medical Industry
                                                                                                                                                                                                                                                                                      1. Electrical and Electronics
                                                                                                                                                                                                                                                                                        1. Heavy Equipment
                                                                                                                                                                                                                                                                                          1. Aerospace and Defense
                                                                                                                                                                                                                                                                                            1. Marine and Offshoring
                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. UAE Machine Tools Market, By Tool Type
                                                                                                                                                                                                                                                                                                  1. Metal Cutting
                                                                                                                                                                                                                                                                                                    1. Machining Centers
                                                                                                                                                                                                                                                                                                      1. Lathe
                                                                                                                                                                                                                                                                                                        1. Grinding and Polishing
                                                                                                                                                                                                                                                                                                          1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                                                                                                                                                                                            1. Other Metal Cutting Tools
                                                                                                                                                                                                                                                                                                            2. Metal Forming
                                                                                                                                                                                                                                                                                                              1. Bending and Forming
                                                                                                                                                                                                                                                                                                                1. Pressing
                                                                                                                                                                                                                                                                                                                  1. Punching and Shearing
                                                                                                                                                                                                                                                                                                                    1. Other Metal tools
                                                                                                                                                                                                                                                                                                                  2. UAE Machine Tools Market, By Technology
                                                                                                                                                                                                                                                                                                                    1. CNC
                                                                                                                                                                                                                                                                                                                      1. Non-CNC
                                                                                                                                                                                                                                                                                                                      2. UAE Machine Tools Market, By End-User
                                                                                                                                                                                                                                                                                                                        1. Automotive
                                                                                                                                                                                                                                                                                                                          1. Industrial Machinery
                                                                                                                                                                                                                                                                                                                            1. Metal Industry
                                                                                                                                                                                                                                                                                                                              1. Medical Industry
                                                                                                                                                                                                                                                                                                                                1. Electrical and Electronics
                                                                                                                                                                                                                                                                                                                                  1. Heavy Equipment
                                                                                                                                                                                                                                                                                                                                    1. Aerospace and Defense
                                                                                                                                                                                                                                                                                                                                      1. Marine and Offshoring
                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. LATAM Machine Tools Market, By Tool Type
                                                                                                                                                                                                                                                                                                                                        1. Metal Cutting
                                                                                                                                                                                                                                                                                                                                          1. Machining Centers
                                                                                                                                                                                                                                                                                                                                            1. Lathe
                                                                                                                                                                                                                                                                                                                                              1. Grinding and Polishing
                                                                                                                                                                                                                                                                                                                                                1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                                                                                                                                                                                                                                  1. Other Metal Cutting Tools
                                                                                                                                                                                                                                                                                                                                                  2. Metal Forming
                                                                                                                                                                                                                                                                                                                                                    1. Bending and Forming
                                                                                                                                                                                                                                                                                                                                                      1. Pressing
                                                                                                                                                                                                                                                                                                                                                        1. Punching and Shearing
                                                                                                                                                                                                                                                                                                                                                          1. Other Metal tools
                                                                                                                                                                                                                                                                                                                                                        2. LATAM Machine Tools Market, By Technology
                                                                                                                                                                                                                                                                                                                                                          1. CNC
                                                                                                                                                                                                                                                                                                                                                            1. Non-CNC
                                                                                                                                                                                                                                                                                                                                                            2. LATAM Machine Tools Market, By End-User
                                                                                                                                                                                                                                                                                                                                                              1. Automotive
                                                                                                                                                                                                                                                                                                                                                                1. Industrial Machinery
                                                                                                                                                                                                                                                                                                                                                                  1. Metal Industry
                                                                                                                                                                                                                                                                                                                                                                    1. Medical Industry
                                                                                                                                                                                                                                                                                                                                                                      1. Electrical and Electronics
                                                                                                                                                                                                                                                                                                                                                                        1. Heavy Equipment
                                                                                                                                                                                                                                                                                                                                                                          1. Aerospace and Defense
                                                                                                                                                                                                                                                                                                                                                                            1. Marine and Offshoring
                                                                                                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. Brazil Machine Tools Market, By Tool Type
                                                                                                                                                                                                                                                                                                                                                                                  1. Metal Cutting
                                                                                                                                                                                                                                                                                                                                                                                    1. Machining Centers
                                                                                                                                                                                                                                                                                                                                                                                      1. Lathe
                                                                                                                                                                                                                                                                                                                                                                                        1. Grinding and Polishing
                                                                                                                                                                                                                                                                                                                                                                                          1. Laser, Electrical Discharge Machines (EDMs), and Other Tools
                                                                                                                                                                                                                                                                                                                                                                                            1. Other Metal Cutting Tools
                                                                                                                                                                                                                                                                                                                                                                                            2. Metal Forming
                                                                                                                                                                                                                                                                                                                                                                                              1. Bending and Forming
                                                                                                                                                                                                                                                                                                                                                                                                1. Pressing
                                                                                                                                                                                                                                                                                                                                                                                                  1. Punching and Shearing
                                                                                                                                                                                                                                                                                                                                                                                                    1. Other Metal tools
                                                                                                                                                                                                                                                                                                                                                                                                  2. Brazil Machine Tools Market, By Technology
                                                                                                                                                                                                                                                                                                                                                                                                    1. CNC
                                                                                                                                                                                                                                                                                                                                                                                                      1. Non-CNC
                                                                                                                                                                                                                                                                                                                                                                                                      2. Brazil Machine Tools Market, By End-User
                                                                                                                                                                                                                                                                                                                                                                                                        1. Automotive
                                                                                                                                                                                                                                                                                                                                                                                                          1. Industrial Machinery
                                                                                                                                                                                                                                                                                                                                                                                                            1. Metal Industry
                                                                                                                                                                                                                                                                                                                                                                                                              1. Medical Industry
                                                                                                                                                                                                                                                                                                                                                                                                                1. Electrical and Electronics
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Heavy Equipment
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Aerospace and Defense
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Marine and Offshoring
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM

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                                                                                                                                                                                                                                                                                                                                                                                                                  Hand Tools Market Size The global hand tools market size was valued at USD 24.67 billion in 2024 and is projected to reach from USD 25.61 billion in 2025 to USD 34.51 billion by 2033, growing at a CAGR of 3.8%
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