Special-Purpose Machines Market Size to Grow by USD 2.51 Bn, Vendors are Deploying Growth Strategies such as Technological Innovations - Technavio

NEW YORK, Nov. 1, 2022 /PRNewswire/ -- The special-purpose machines market is fragmented, with the presence of several vendors. The vendors are deploying growth strategies such as technological innovation to compete in the market. Vendors are focusing on the development and introduction of innovative products to gain market share. The development of advanced and innovative technologies, such as additive manufacturing, will drive the growth of the special-purpose machines market during the forecast period.

The special-purpose machines market size is expected to grow by USD 2.51 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 6.76% during the forecast period, according to Technavio.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request Latest FREE Sample Report

Special-Purpose Machines Market 2022-2026: Scope

The special-purpose machines market report covers the following areas:

• Special-Purpose Machines Market Size
• Special-Purpose Machines Market Trends
• Special-Purpose Machines Market Industry Analysis

Subscribe to our "Basic Plan" billed annually at USD 5000 that enables you to download 5 reports and view 100 reports every month

Special-Purpose Machines Market 2022-2026: Segmentation

• End-user 
• OEMs
• Machine Shops
• Geography 
• APAC: APAC will account for 48% of the market's growth during the forecast period. The significant rise in the demand for cutting tools in the region will drive the special- purpose machines market growth in APAC during the forecast period. China, Japan, and South Korea are the key countries for the special-purpose machines market in APAC.
• Europe
• North America
• South America
• Middle East And Africa

Special-Purpose Machines Market 2022-2026: Driver and Challenge

The increasing demand for fabricated metal products is driving market growth. Canada, Mexico, and China heavily significantly on the supply of fabricated metals from the US. The US has several companies in the fabricated metal products manufacturing sector, including Flowserve Corp., The Timken Co., Snap-On Inc., and Mueller Industries Co. Such factors will propel the growth of the market during the forecast period.

The high initial cost of implementation due to the need for high-pressure pumps, cutting tables, and automated systems is a challenge for the market. The high equipment cost per part negatively affects the profitability of SMEs in the short run.  It is estimated that garnet abrasive accounts for 45%-50% of the operating cost per hour, followed by replacement and maintenance. Such factors may limit the market growth during the forecast period.

Identify key trends, drivers, and challenges in this report, which will help vendors improve their strategies to stay ahead of their competitors. Buy Now for detailed information about market dynamics

Special-Purpose Machines Market 2022-2026: Vendor Analysis

Balief Corp., Batliboi Ltd., DMG MORI Co. Ltd., Electronica India Ltd., EMAG GmbH and Co. KG, ETA Technology Pvt. Ltd., FIVES SAS, GARUD AUTOMATION, General Technology Group Dalian Machine Tool Corp., Global CNC Pvt. Ltd., Hann Kuen Machinery and Hardware Co. Ltd., Invensys Engineers, HMT Ltd., Mitsubishi Heavy Industries Ltd., Krishna Engineering, NEYRET GROUP, Neumatica Technologies Pvt Ltd., Vee Technologies Pvt. Ltd., Shenoy Engineering Pvt. Ltd., and Yamazaki Mazak Corp. are among some of the major market participants.

This report provides a full list of key vendors, their strategies, and the latest developments. Request a FREE PDF Sample Now

Special-Purpose Machines Market 2022-2026: Key Highlights

• CAGR of the market during 2022-2026
• Detailed information on factors that will assist special-purpose machines market growth during the next five years
• Approximation of the special-purpose machines market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the global special-purpose machines market
• Analysis of the competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of special-purpose machines market vendors

Related Reports

Industrial Sewing Machines Market by Type, Application and Geography - Forecast and Analysis 2022-2026: This report extensively covers segmentation by type (raised, cylinder bed, flatbed, post bed, and others), application (apparel and non-apparel), and geography (North America, APAC, Europe, the Middle East and Africa, and South America). 32% of the market's growth will originate from APAC during the forecast period. The market share growth in the Raised segment will be significant.

Roll Forming Machines Market by End-user and Geography - Forecast and Analysis 2022-2026: This report extensively covers segmentation by end-user (automotive industry, manufacturing industry, and construction industry) and geography (APAC, Europe, North America, South America, and Middle East and Africa). 40% of the market's growth will originate from APAC during the forecast period. The roll forming machines market share growth by the automotive industry segment will be significant.

Browse Industrials Market Reports

Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 OEMs - Market size and forecast 2021-2026 
• Exhibit 28: Chart on OEMs - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on OEMs - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on OEMs - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on OEMs - Year-over-year growth 2021-2026 (%)

• 5.4 Machine shops - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Machine shops - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Machine shops - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Machine shops - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Machine shops - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 36: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026 
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026 
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026 
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026 
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026 
• Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 South Korea - Market size and forecast 2021-2026 
• Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Batliboi Ltd.
• Exhibit 93: Batliboi Ltd. - Overview
• Exhibit 94: Batliboi Ltd. - Product / Service
• Exhibit 95: Batliboi Ltd. - Key offerings

• 10.4 DMG MORI Co. Ltd.
• Exhibit 96: DMG MORI Co. Ltd. - Overview
• Exhibit 97: DMG MORI Co. Ltd. - Business segments
• Exhibit 98: DMG MORI Co. Ltd. - Key offerings
• Exhibit 99: DMG MORI Co. Ltd. - Segment focus

• 10.5 EMAG GmbH and Co. KG
• Exhibit 100: EMAG GmbH and Co. KG - Overview
• Exhibit 101: EMAG GmbH and Co. KG - Product / Service
• Exhibit 102: EMAG GmbH and Co. KG - Key offerings

• 10.6 FIVES SAS
• Exhibit 103: FIVES SAS - Overview
• Exhibit 104: FIVES SAS - Business segments
• Exhibit 105: FIVES SAS - Key offerings
• Exhibit 106: FIVES SAS - Segment focus

• 10.7 General Technology Group Dalian Machine Tool Corp. 
• Exhibit 107: General Technology Group Dalian Machine Tool Corp. - Overview
• Exhibit 108: General Technology Group Dalian Machine Tool Corp. - Product / Service
• Exhibit 109: General Technology Group Dalian Machine Tool Corp. - Key offerings

• 10.8 Global CNC Pvt. Ltd.
• Exhibit 110: Global CNC Pvt. Ltd. - Overview
• Exhibit 111: Global CNC Pvt. Ltd. - Product / Service
• Exhibit 112: Global CNC Pvt. Ltd. - Key offerings

• 10.9 Hann Kuen Machinery and Hardware Co. Ltd. 
• Exhibit 113: Hann Kuen Machinery and Hardware Co. Ltd. - Overview
• Exhibit 114: Hann Kuen Machinery and Hardware Co. Ltd. - Product / Service
• Exhibit 115: Hann Kuen Machinery and Hardware Co. Ltd. - Key offerings

• 10.10 HMT Ltd.
• Exhibit 116: HMT Ltd. - Overview
• Exhibit 117: HMT Ltd. - Business segments
• Exhibit 118: HMT Ltd. - Key offerings
• Exhibit 119: HMT Ltd. - Segment focus

• 10.11 Invensys Engineers
• Exhibit 120: Invensys Engineers - Overview
• Exhibit 121: Invensys Engineers - Product / Service
• Exhibit 122: Invensys Engineers - Key offerings

• 10.12 Yamazaki Mazak Corp.
• Exhibit 123: Yamazaki Mazak Corp. - Overview
• Exhibit 124: Yamazaki Mazak Corp. - Product / Service
• Exhibit 125: Yamazaki Mazak Corp. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 126: Inclusions checklist
• Exhibit 127: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 128: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 129: Research methodology
• Exhibit 130: Validation techniques employed for market sizing
• Exhibit 131: Information sources

• 11.5 List of abbreviations 
• Exhibit 132: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio