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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Asia Pacific Machine Tools Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The Asia Pacific machine tools market is currently witnessing stable growth. Machine tools are operated using numerical control that helps in cutting hard materials into identical shapes and sizes. These tools minimize the manual efforts required to perform a range of operations, such as cutting, forming, drilling, grinding, abrading and nibbling. They also aid in eliminating unwanted variations and achieving product uniformity. As they form a basis for precision engineering, they find extensive applications in the automotive, aerospace and electronics sectors across the Asia Pacific region.

The increasing trend of industrial automation, along with the escalating demand for precision manufacturing, represents one of the key factors spurring the market growth in the Asia Pacific region. Apart from this, the advantages of machine tools, such as minimal vibrations, reduced scrap generation, and faster, automatic repeatable cutting operations, are expanding their applications in different industry verticals. Furthermore, several foreign companies are setting up their manufacturing facilities in the region due to cheap labor, low raw material costs and reduced tax rates, which, in turn, is propelling the market growth. Moreover, manufacturers are utilizing modern design and simulation engineering software, which is anticipated to create a positive outlook for the markets. Looking forward, IMARC Group expects the market to exhibit steady growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific machine tools market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, tool type, technology type and end use industry.

Breakup by Tool Type:

  • Metal Cutting
  • Metal Forming
  • Accessories
     

Breakup by Technology Type:

  • Conventional
  • CNC (Computerized Numerical Control)
     

Breakup by End Use Industry:

  • Automotive
  • Aerospace and Defense
  • Electrical and Electronics
  • Consumer Goods
  • Precision Engineering
  • Others
     

Breakup by Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Asia Pacific machine tools market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Asia Pacific machine tools market?
  • What are the key regional markets?
  • What is the breakup of the market based on the tool type?
  • What is the breakup of the market based on the technology type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Asia Pacific machine tools market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Asia Pacific Machine Tools Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Tool Type
    6.1    Metal Cutting
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Metal Forming
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Accessories
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Technology Type
    7.1    Conventional
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    CNC (Computerized Numerical Control)
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    Automotive
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Aerospace and Defense
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electrical and Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Consumer Goods
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Precision Engineering
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Country
    9.1    China
        9.1.1 Market Trends
        9.1.2 Market Breakup by Tool Type
        9.1.3 Market Breakup by Technology Type
        9.1.4 Market Breakup by End Use Industry
        9.1.5 Market Forecast
    9.2    Japan
        9.2.1 Market Trends
        9.2.2 Market Breakup by Tool Type
        9.2.3 Market Breakup by Technology Type
        9.2.4 Market Breakup by End Use Industry
        9.2.5 Market Forecast
    9.3    India
        9.3.1 Market Trends
        9.3.2 Market Breakup by Tool Type
        9.3.3 Market Breakup by Technology Type
        9.3.4 Market Breakup by End Use Industry
        9.3.5 Market Forecast
    9.4    South Korea
        9.4.1 Market Trends
        9.4.2 Market Breakup by Tool Type
        9.4.3 Market Breakup by Technology Type
        9.4.4 Market Breakup by End Use Industry
        9.4.5 Market Forecast
    9.5    Australia
        9.5.1 Market Trends
        9.5.2 Market Breakup by Tool Type
        9.5.3 Market Breakup by Technology Type
        9.5.4 Market Breakup by End Use Industry
        9.5.5 Market Forecast
    9.6    Indonesia
        9.6.1 Market Trends
        9.6.2 Market Breakup by Tool Type
        9.6.3 Market Breakup by Technology Type
        9.6.4 Market Breakup by End Use Industry
        9.6.5 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Breakup by Tool Type
        9.7.3 Market Breakup by Technology Type
        9.7.4 Market Breakup by End Use Industry
        9.7.5 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Machine Tools Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Machine Tools Market: Sales Value (in Million US$), 2014-2019
Figure 3: Asia Pacific: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: Asia Pacific: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 5: Asia Pacific: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 6: Asia Pacific: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 7: Asia Pacific: Machine Tools Market: Breakup by Country (in %), 2019
Figure 8: Asia Pacific: Machine Tools (Metal Cutting) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Asia Pacific: Machine Tools (Metal Cutting) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Asia Pacific: Machine Tools (Metal Forming) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Asia Pacific: Machine Tools (Metal Forming) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Asia Pacific: Machine Tools (Accessories) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Asia Pacific: Machine Tools (Accessories) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Asia Pacific: Machine Tools (Conventional) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Asia Pacific: Machine Tools (Conventional) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Asia Pacific: Machine Tools (CNC- Computerized Numerical Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Asia Pacific: Machine Tools (CNC- Computerized Numerical Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Asia Pacific: Machine Tools (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Asia Pacific: Machine Tools (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Asia Pacific: Machine Tools (Aerospace and Defense) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Asia Pacific: Machine Tools (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Asia Pacific: Machine Tools (Electrical and Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Asia Pacific: Machine Tools (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Asia Pacific: Machine Tools (Consumer Goods) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Asia Pacific: Machine Tools (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Asia Pacific: Machine Tools (Precision Engineering) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Asia Pacific: Machine Tools (Precision Engineering) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Asia Pacific: Machine Tools (Other End Use Industries) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Asia Pacific: Machine Tools (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: China: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: China: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 32: China: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 33: China: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 34: China: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Japan: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Japan: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 37: Japan: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 38: Japan: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 39: Japan: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: India: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: India: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 42: India: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 43: India: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 44: India: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: South Korea: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: South Korea: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 47: South Korea: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 48: South Korea: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 49: South Korea: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Australia: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Australia: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 52: Australia: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 53: Australia: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 54: Australia: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Indonesia: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Indonesia: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 57: Indonesia: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 58: Indonesia: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 59: Indonesia: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Others: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Others: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Asia Pacific: Machine Tools Industry: SWOT Analysis
Figure 63: Asia Pacific: Machine Tools Industry: Value Chain Analysis
Figure 64: Asia Pacific: Machine Tools Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Machine Tools Market: Key Industry Highlights, 2019 and 2025
Table 2: Asia Pacific: Machine Tools Market Forecast: Breakup by Tool Type (in Million US$), 2020-2025
Table 3: Asia Pacific: Machine Tools Market Forecast: Breakup by Technology Type (in Million US$), 2020-2025
Table 4: Asia Pacific: Machine Tools Market Forecast: Breakup by End Use Industry (in Million US$), 2020-2025
Table 5: Asia Pacific: Machine Tools Market Forecast: Breakup by Country (in Million US$), 2020-2025
Table 6: Asia Pacific: Machine Tools Market: Competitive Structure

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