Market Share of Machine Tools Industry
The Machine Tools Market is relatively fragmented, with significant global and small and medium-sized local players. Some considerable machine tools companies include TRUMPF Group, Shenyang Machine Tool Group, Amada Co. Ltd, DMG Mori Seiki Co., Ltd, Falcon Machine Tools Co. Ltd, and many others. The regional hubs in the global machine tools market include China, Germany, Japan, and Italy. The machine tool companies are also focusing on developing more automated solutions with an increasing preference for automation. Furthermore, the industry is witnessing a trend of consolidation through mergers and acquisitions, highlighted by machine tool industry statistics. These strategies help companies enter new market areas and gain new customers.
Machine Tools Market Leaders
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TRUMPF Group
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Shenyang Machine Tool Group
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Amada Co. Ltd
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DMG Mori Seiki Co., Ltd
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Falcon Machine Tools Co. Ltd
*Disclaimer: Major Players sorted in no particular order
