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

Market Overview:

The United States machine tools market is currently experiencing stable growth. Machine tools operate using numerical control, which helps in achieving maximum product uniformity. These tools assist in cutting, shaping, forming, drilling, grinding, abrading, and nibbling metals or other hard materials. They also aid in minimizing human efforts required during cutting and enhancing the overall productivity.

The escalating demand for fabricated metals in the United States represents one of the key factors stimulating the market growth. Moreover, a significant demand for electric vehicles (EVs), autonomous cars and self-driven trucks is increasing the utilization of machine tools in the country. Apart from this, advancements in hardware and software components of computer numerical control (CNC) machines, coupled with the introduction of multi-axis and robotic arms, are driving the market growth. Furthermore, the setting up of various manufacturing plants is providing lucrative opportunities to players in the United States. However, a temporary closure of various manufacturing units due to the spread of the coronavirus disease (COVID-19) and the imposition of complete lockdown in the country is negatively impacting the market growth. The market is anticipated to experience growth once these restrictions are relaxed. 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 United States 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 Region:

  • Northeast
  • Midwest
  • South
  • West
     

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 United States 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 United States 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 United States 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    United States 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 Region
    9.1    Northeast 
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Midwest
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    South
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    West
        9.4.1 Market Trends
        9.4.2 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: United States: Machine Tools Market: Major Drivers and Challenges
Figure 2: United States: Machine Tools Market: Sales Value (in Million US$), 2014-2019
Figure 3: United States: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: United States: Machine Tools Market: Breakup by Tool Type (in %), 2019
Figure 5: United States: Machine Tools Market: Breakup by Technology Type (in %), 2019
Figure 6: United States: Machine Tools Market: Breakup by End Use Industry (in %), 2019
Figure 7: United States: Machine Tools Market: Breakup by Region (in %), 2019
Figure 8: United States: Machine Tools (Metal Cutting) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: United States: Machine Tools (Metal Cutting) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: United States: Machine Tools (Metal Forming) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: United States: Machine Tools (Metal Forming) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: United States: Machine Tools (Accessories) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: United States: Machine Tools (Accessories) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: United States: Machine Tools (Conventional) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: United States: Machine Tools (Conventional) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: United States: Machine Tools (CNC- Computerized Numerical Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: United States: Machine Tools (CNC- Computerized Numerical Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: United States: Machine Tools (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: United States: Machine Tools (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: United States: Machine Tools (Aerospace and Defense) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: United States: Machine Tools (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: United States: Machine Tools (Electrical and Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: United States: Machine Tools (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: United States: Machine Tools (Consumer Goods) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: United States: Machine Tools (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: United States: Machine Tools (Precision Engineering) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: United States: Machine Tools (Precision Engineering) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: United States: Machine Tools (Other End Use Industries) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: United States: Machine Tools (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Northeast: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Northeast: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Midwest: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Midwest: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: South: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: South: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: West: Machine Tools Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: West: Machine Tools Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: United States: Machine Tools Industry: SWOT Analysis
Figure 39: United States: Machine Tools Industry: Value Chain Analysis
Figure 40: United States: Machine Tools Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Machine Tools Market: Key Industry Highlights, 2019 and 2025
Table 2: United States: Machine Tools Market Forecast: Breakup by Tool Type (in Million US$), 2020-2025
Table 3: United States: Machine Tools Market Forecast: Breakup by Technology Type (in Million US$), 2020-2025
Table 4: United States: Machine Tools Market Forecast: Breakup by End Use Industry (in Million US$), 2020-2025
Table 5: United States: Machine Tools Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: United States: Machine Tools Market: Competitive Structure
Table 7: United States: Machine Tools Market: Key Players

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