Enjoy complimentary customisation on priority with our Enterprise License!
The metal machining market size is forecast to increase by USD 18.43 billion, at a CAGR of 4.03% between 2023 and 2028. The market's growth rate is influenced by several key factors, including the increasing demand for metal machining in the oil and gas sector, the expansion of production facilities dedicated to metal machining, and increased investments in infrastructure projects. These elements collectively drive the market's growth trajectory, highlighting the crucial role of metal machining across various industrial applications. The market is driven by advancements in automation, demand for precision engineering, and the rise of electric vehicles. Emerging technologies like 3D printing and CNC machine tools are enhancing efficiency, while the aerospace and automotive industries continue to fuel market growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.