COVID-19 Impact on Global Machine Tool Market by Machine Type (Cutting and Forming), Automation Type (CNC and Conventional), Industry (Automotive, Sheet Metal, Capital Goods and Energy), Sales Channel (Direct Sales, Events & Exhibitions and Dealer & Distributor) and Region - Global Forecast to 2021
“Shift towards automation and remote monitoring through IoT innovation will be seen to lower the dependency of manual labor and.”
Post COVID-19, the global machine tool market size is projected to reach USD 68.9 billion by 2021 from an estimated USD 65.6 billion in 2020, at a CAGR of 5.0%. The projections were based on the ongoing automotive industry production drop, which is the biggest consumer of machine tools and, additionally, the supply chain disruptions caused by the COVID-19 pandemic in the manufacturing industry.
The machine tool market will see an increase in automation and remote monitoring through the Internet of Things (IoT) innovation. Machine monitoring systems will be set up that will allow remote monitoring of CNC machines. This technology not only accesses remotely but collects overall data from all types of machines and monitors their energy consumption, which could result in a substantial increase in machine utilization and energy saving.
“The US-China trade deal signed recently after the trade war that downsized the machine tool market is expected to bring relief post-COVID-19.”
The COVID-19 outbreak has worsened over the first quarter of 2020, which is having a significant and growing effect on international supply chains. Global imports from China were about 4% lower over the two months through February 2020, compared with the same time last year. With the crisis expected to continue until the second quarter of 2020, the imports globally will be falling to its worst. However, the recent trade deal signed between the US and China is expected to provide some relief to ease up the supply chain that has affected the 2019 market with the trade war.
“The Asia Pacific machine tool market is expected to register the fastest growth during the forecast period.”
The Asia Pacific market is expected to witness the fastest growth, followed by North America and the Rest of the World. With the automotive industry in countries such as China, Japan, and South Korea is inclined toward innovation, technology, and the development of advanced electric vehicles, the machine tool demand is expected to increase.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
This report covers the COVID-19 impact on the global machine tool market based on Machine type, Automation, Industry segment, sales channel, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products, and services, and key strategies associated with the machine tool market
Key Benefits of Buying the Report:
Post COVID-19, the global machine tool market size is projected to reach USD 68.9 billion by 2021 from an estimated USD 65.6 billion in 2020, at a CAGR of 5.0%. The projections were based on the ongoing automotive industry production drop, which is the biggest consumer of machine tools and, additionally, the supply chain disruptions caused by the COVID-19 pandemic in the manufacturing industry.
The machine tool market will see an increase in automation and remote monitoring through the Internet of Things (IoT) innovation. Machine monitoring systems will be set up that will allow remote monitoring of CNC machines. This technology not only accesses remotely but collects overall data from all types of machines and monitors their energy consumption, which could result in a substantial increase in machine utilization and energy saving.
“The US-China trade deal signed recently after the trade war that downsized the machine tool market is expected to bring relief post-COVID-19.”
The COVID-19 outbreak has worsened over the first quarter of 2020, which is having a significant and growing effect on international supply chains. Global imports from China were about 4% lower over the two months through February 2020, compared with the same time last year. With the crisis expected to continue until the second quarter of 2020, the imports globally will be falling to its worst. However, the recent trade deal signed between the US and China is expected to provide some relief to ease up the supply chain that has affected the 2019 market with the trade war.
“The Asia Pacific machine tool market is expected to register the fastest growth during the forecast period.”
The Asia Pacific market is expected to witness the fastest growth, followed by North America and the Rest of the World. With the automotive industry in countries such as China, Japan, and South Korea is inclined toward innovation, technology, and the development of advanced electric vehicles, the machine tool demand is expected to increase.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier I - 38%, Tier II - 37%, and Tier OEM - 25%
- By Designation: C Level - 30%, D Level - 50%, and Others - 20%
- By Region: North America - 31%, Europe - 32%, and Asia Pacific - 37%
Research Coverage:
This report covers the COVID-19 impact on the global machine tool market based on Machine type, Automation, Industry segment, sales channel, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products, and services, and key strategies associated with the machine tool market
Key Benefits of Buying the Report:
- Illustrative segmentation, analysis, and forecast pertaining to the machine tool market based on Machine type, Automation, Industry segment, sales channel, and geography have been conducted to provide an overall view of the machine tool ecosystem considering detailed impact analysis of COVID-19
- This report will help stakeholders understand the market scenario and gain more insights to better position their businesses and plan suitable strategies considering the impact of COVID-19.
1 INTRODUCTION
1.1 COVID-19 HEALTH ASSESSMENT
1.2 COVID-19 ECONOMIC ASSESSMENT
1.2.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
2 MARKET OVERVIEW
2.1 INTRODUCTION
2.2 GLOBAL MACHINE TOOLS MARKET – AN OVERALL ECOSYSTEM
2.2.1 VALUE CHAIN ANALYSIS
2.3 IMPACT OF COVID-19 ON MACHINE TOOL MANUFACTURING COMPANIES
2.3.1 DOOSAN MACHINE TOOLS
2.3.2 AMADA PVT LTD
2.3.3 MAKINO
2.3.4 JTEKT
2.3.5 GF MACHINING SOLUTIONS
2.3.6 DMG MORI
2.3.7 KOMATSU
2.3.8 OKUMA
2.3.9 HYUNDAI WIA
2.3.10 SCHULER AG
2.3.11 CHIRON GROUP SE
2.4 MACRO-ECONOMIC INDICATORS
2.4.1 SHORT-TERM DRIVERS
2.4.1.1 Remote IoT systems for CNC Machine tools
2.4.2 SHORT-TERM RESTRAINTS
2.4.2.1 Disruption in the supply chain owing to Lockdown in leading economies
3 IMPACT OF COVID-19 ON THE GLOBAL MACHINE TOOLS MARKET SIZE
3.1 INTRODUCTION
3.1.1 RESEARCH METHODOLOGY
3.1.2 ASSUMPTIONS AND DEFINITIONS
3.2 COVID-19 IMPACT ON MACHINE TYPE
3.2.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO FOR MACHINE TYPE, 2017-2021
3.2.1.1 Metal cutting machine
3.2.2 METAL FORMING MACHINE
3.2.3 OPTIMISTIC MARKET (LOW IMPACT) SCENARIO FOR MACHINE TYPE, 2017–2021
3.2.4 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO FOR MACHINE TYPE, 2017-2021
3.3 COVID-19 IMPACT ON MACHINE TOOLS, BY AUTOMATION TYPE
3.3.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO FOR AUTOMATION TYPE, 2017-2021
3.3.1.1 CNC machine tools
3.3.1.2 Conventional machine tools
3.3.2 OPTIMISTIC (MEDIUM IMPACT) MARKET SCENARIO FOR AUTOMATION TYPE, 2017-2021
3.3.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO FOR AUTOMATION TYPE, 2017-2021
3.4 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET, BY INDUSTRY
3.4.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO, BY INDUSTRY, 2017-2021
3.4.1.1 Automotive
3.4.1.2 Sheet metal
3.4.1.3 Capital goods
3.4.1.4 Energy
3.4.2 OPTIMISTIC (LOW IMPACT) MARKET SCENARIO, BY INDUSTRY, 2017-2021
3.4.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO, BY INDUSTRY, 2017-2021
3.5 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET, BY SALES CHANNEL
3.5.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO ON SALES CHANNELS, 2017-2021
3.5.2 OPTIMISTIC (LOW IMPACT) MARKET SCENARIO ON SALES CHANNELS, 2017-2021
3.5.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO ON SALES CHANNELS, 2017-2021
3.6 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET, BY REGION
3.6.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO, BY REGION, 2017-2021
3.6.2 OPTIMISTIC (LOW IMPACT) MARKET SCENARIO OF REGIONS, 2017-2021
3.6.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO OF REGIONS, 2017-2021
4 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET IN KEY COUNTRIES
4.1 INTRODUCTION
4.2 CHINA
4.3 US
4.4 GERMANY
4.5 JAPAN
4.6 ITALY
4.7 SOUTH KOREA
4.8 INDIA
4.9 MEXICO
4.10 TAIWAN
4.11 RUSSIA
4.12 CANADA
4.13 TURKEY
5 BUSINESS OPPORTUNITIES (TOP GAINERS VS. TOP LOSERS)
5.1 IN TERMS OF MANUFACTURING
5.2 IN TERMS OF SUPPLY CHAIN
5.2.1 MAJOR PROBLEMS DISRUPTING THE SUPPLY CHAIN
5.2.2 OPPORTUNITIES IN DIFFERENT SECTORS
6 COMPETITIVE LANDSCAPE AND COVID-19
6.1 INTRODUCTION
6.2 IMPACT ON INDUSTRIES
6.3 IMPACT ON MACHINE TOOL MANUFACTURERS
6.3.1 IMPACT ON THE SUPPLY CHAIN
6.3.2 IMPACT ON PROSPECTS OF THE COMPANY
6.4 IMPACT ON SALES CHANNELS
6.5 WINNING STRATEGIES TO GAIN MARKET SHARE
6.5.1 RETENTION OF OLD CUSTOMERS
6.5.2 NEW REVENUE STREAMS
6.5.3 CHANGE IN TARGET REGION
6.5.4 ADOPTION OF ADVANCED TECHNOLOGIES
7 CONSUMER TRENDS OUTLOOK
7.1 INTRODUCTION
7.2 EXPECTED TRENDS IN INDUSTRIES OWING TO THE IMPACT OF COVID-19
7.3 EXPECTED TRENDS IN SALES CHANNELS OWING TO THE IMPACT OF COVID-19
7.4 FINAL VERDICT: COVID-19 OUTBREAK POISED TO WEAKEN THE MACHINE
TOOLS MARKET
8 APPENDIX
8.1 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
8.2 AUTHOR DETAILS
1.1 COVID-19 HEALTH ASSESSMENT
1.2 COVID-19 ECONOMIC ASSESSMENT
1.2.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
2 MARKET OVERVIEW
2.1 INTRODUCTION
2.2 GLOBAL MACHINE TOOLS MARKET – AN OVERALL ECOSYSTEM
2.2.1 VALUE CHAIN ANALYSIS
2.3 IMPACT OF COVID-19 ON MACHINE TOOL MANUFACTURING COMPANIES
2.3.1 DOOSAN MACHINE TOOLS
2.3.2 AMADA PVT LTD
2.3.3 MAKINO
2.3.4 JTEKT
2.3.5 GF MACHINING SOLUTIONS
2.3.6 DMG MORI
2.3.7 KOMATSU
2.3.8 OKUMA
2.3.9 HYUNDAI WIA
2.3.10 SCHULER AG
2.3.11 CHIRON GROUP SE
2.4 MACRO-ECONOMIC INDICATORS
2.4.1 SHORT-TERM DRIVERS
2.4.1.1 Remote IoT systems for CNC Machine tools
2.4.2 SHORT-TERM RESTRAINTS
2.4.2.1 Disruption in the supply chain owing to Lockdown in leading economies
3 IMPACT OF COVID-19 ON THE GLOBAL MACHINE TOOLS MARKET SIZE
3.1 INTRODUCTION
3.1.1 RESEARCH METHODOLOGY
3.1.2 ASSUMPTIONS AND DEFINITIONS
3.2 COVID-19 IMPACT ON MACHINE TYPE
3.2.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO FOR MACHINE TYPE, 2017-2021
3.2.1.1 Metal cutting machine
3.2.2 METAL FORMING MACHINE
3.2.3 OPTIMISTIC MARKET (LOW IMPACT) SCENARIO FOR MACHINE TYPE, 2017–2021
3.2.4 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO FOR MACHINE TYPE, 2017-2021
3.3 COVID-19 IMPACT ON MACHINE TOOLS, BY AUTOMATION TYPE
3.3.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO FOR AUTOMATION TYPE, 2017-2021
3.3.1.1 CNC machine tools
3.3.1.2 Conventional machine tools
3.3.2 OPTIMISTIC (MEDIUM IMPACT) MARKET SCENARIO FOR AUTOMATION TYPE, 2017-2021
3.3.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO FOR AUTOMATION TYPE, 2017-2021
3.4 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET, BY INDUSTRY
3.4.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO, BY INDUSTRY, 2017-2021
3.4.1.1 Automotive
3.4.1.2 Sheet metal
3.4.1.3 Capital goods
3.4.1.4 Energy
3.4.2 OPTIMISTIC (LOW IMPACT) MARKET SCENARIO, BY INDUSTRY, 2017-2021
3.4.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO, BY INDUSTRY, 2017-2021
3.5 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET, BY SALES CHANNEL
3.5.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO ON SALES CHANNELS, 2017-2021
3.5.2 OPTIMISTIC (LOW IMPACT) MARKET SCENARIO ON SALES CHANNELS, 2017-2021
3.5.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO ON SALES CHANNELS, 2017-2021
3.6 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET, BY REGION
3.6.1 MOST LIKELY (MEDIUM IMPACT) MARKET SCENARIO, BY REGION, 2017-2021
3.6.2 OPTIMISTIC (LOW IMPACT) MARKET SCENARIO OF REGIONS, 2017-2021
3.6.3 PESSIMISTIC (HIGH IMPACT) MARKET SCENARIO OF REGIONS, 2017-2021
4 COVID-19 IMPACT ON THE MACHINE TOOLS MARKET IN KEY COUNTRIES
4.1 INTRODUCTION
4.2 CHINA
4.3 US
4.4 GERMANY
4.5 JAPAN
4.6 ITALY
4.7 SOUTH KOREA
4.8 INDIA
4.9 MEXICO
4.10 TAIWAN
4.11 RUSSIA
4.12 CANADA
4.13 TURKEY
5 BUSINESS OPPORTUNITIES (TOP GAINERS VS. TOP LOSERS)
5.1 IN TERMS OF MANUFACTURING
5.2 IN TERMS OF SUPPLY CHAIN
5.2.1 MAJOR PROBLEMS DISRUPTING THE SUPPLY CHAIN
5.2.2 OPPORTUNITIES IN DIFFERENT SECTORS
6 COMPETITIVE LANDSCAPE AND COVID-19
6.1 INTRODUCTION
6.2 IMPACT ON INDUSTRIES
6.3 IMPACT ON MACHINE TOOL MANUFACTURERS
6.3.1 IMPACT ON THE SUPPLY CHAIN
6.3.2 IMPACT ON PROSPECTS OF THE COMPANY
6.4 IMPACT ON SALES CHANNELS
6.5 WINNING STRATEGIES TO GAIN MARKET SHARE
6.5.1 RETENTION OF OLD CUSTOMERS
6.5.2 NEW REVENUE STREAMS
6.5.3 CHANGE IN TARGET REGION
6.5.4 ADOPTION OF ADVANCED TECHNOLOGIES
7 CONSUMER TRENDS OUTLOOK
7.1 INTRODUCTION
7.2 EXPECTED TRENDS IN INDUSTRIES OWING TO THE IMPACT OF COVID-19
7.3 EXPECTED TRENDS IN SALES CHANNELS OWING TO THE IMPACT OF COVID-19
7.4 FINAL VERDICT: COVID-19 OUTBREAK POISED TO WEAKEN THE MACHINE
TOOLS MARKET
8 APPENDIX
8.1 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
8.2 AUTHOR DETAILS
LIST OF TABLES
TABLE 1 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY MACHINE TYPE, 2017-2021 (USD MILLION)
TABLE 2 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY MACHINE TYPE, 2017-2021 (USD MILLION)
TABLE 3 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY MACHINE TYPE, 2017-2021 (USD MILLION)
TABLE 4 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY AUTOMATION TYPE, 2017-2021 (USD MILLION)
TABLE 5 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY AUTOMATION TYPE, 2017-2021 (USD MILLION)
TABLE 6 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY AUTOMATION TYPE, 2017-2021 (USD MILLION)
TABLE 7 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY INDUSTRY, 2017-2021 (USD MILLION)
TABLE 8 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY INDUSTRY, 2017-2021 (USD MILLION)
TABLE 9 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY INDUSTRY, 2017-2021 (USD MILLION)
TABLE 10 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY SALES CHANNEL, 2017-2021 (USD MILLION)
TABLE 11 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY SALES CHANNEL, 2017-2021 (USD MILLION)
TABLE 12 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY SALES CHANNEL, 2017-2021 (USD MILLION)
TABLE 13 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY REGION, 2017-2021 (USD MILLION)
TABLE 14 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY REGION, 2017-2021 (USD MILLION)
TABLE 15 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY REGION, 2017-2021 (USD MILLION)
TABLE 16 CHINA: ECONOMIC INDICATOR DURING COVID-19 IMPACT ON THE MARKET
TABLE 1 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY MACHINE TYPE, 2017-2021 (USD MILLION)
TABLE 2 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY MACHINE TYPE, 2017-2021 (USD MILLION)
TABLE 3 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY MACHINE TYPE, 2017-2021 (USD MILLION)
TABLE 4 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY AUTOMATION TYPE, 2017-2021 (USD MILLION)
TABLE 5 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY AUTOMATION TYPE, 2017-2021 (USD MILLION)
TABLE 6 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY AUTOMATION TYPE, 2017-2021 (USD MILLION)
TABLE 7 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY INDUSTRY, 2017-2021 (USD MILLION)
TABLE 8 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY INDUSTRY, 2017-2021 (USD MILLION)
TABLE 9 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY INDUSTRY, 2017-2021 (USD MILLION)
TABLE 10 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY SALES CHANNEL, 2017-2021 (USD MILLION)
TABLE 11 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY SALES CHANNEL, 2017-2021 (USD MILLION)
TABLE 12 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY SALES CHANNEL, 2017-2021 (USD MILLION)
TABLE 13 MOST LIKELY SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY REGION, 2017-2021 (USD MILLION)
TABLE 14 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY REGION, 2017-2021 (USD MILLION)
TABLE 15 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY REGION, 2017-2021 (USD MILLION)
TABLE 16 CHINA: ECONOMIC INDICATOR DURING COVID-19 IMPACT ON THE MARKET
LIST OF FIGURES
FIGURE 1 COVID-19: THE GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
FIGURE 3 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE BASED
ON MEASURES TAKEN
FIGURE 4 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
FIGURE 5 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 6 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
FIGURE 7 GLOBAL MACHINE TOOLS MARKET ECOSYSTEM
FIGURE 8 GLOBAL MACHINE TOOLS MARKET: VALUE CHAIN
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY FOR MACHINE TOOLS:
TOP-DOWN APPROACH
FIGURE 10 MOST LIKELY SCENARIO: COVID-19 IMPACT ON MACHINE TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 11 COVID-19 IMPACT ON GLOBAL METAL CUTTING MACHINE, 2019-2021 (USD MILLION)
FIGURE 12 COVID-19 IMPACT ON GLOBAL METAL FORMING MACHINE, 2019-2021 (USD MILLION)
FIGURE 13 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON MACHINE TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 14 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON MACHINE TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 15 MOST LIKELY SCENARIO: COVID-19 IMPACT ON AUTOMATION TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 16 COVID-19 IMPACT ON GLOBAL CNC MACHINE TOOLS, 2019-2021 (USD MILLION)
FIGURE 17 COVID-19 IMPACT ON GLOBAL CONVENTIONAL MACHINE TOOLS, 2019-2021 (USD MILLION)
FIGURE 18 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON AUTOMATION TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 19 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON AUTOMATION TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 20 MOST LIKELY SCENARIO: COVID-19 IMPACT, BY INDUSTRY, 2020 VS. 2021 (USD MILLION)
FIGURE 21 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN AUTOMOTIVE, 2019-2021 (USD MILLION)
FIGURE 22 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN SHEET METAL, 2019-2021 (USD MILLION)
FIGURE 23 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN CAPITAL GOODS, 2019-2021 (USD MILLION)
FIGURE 24 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN ENERGY, 2019-2021 (USD MILLION)
FIGURE 25 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON INDUSTRY, 2020 VS. 2021 (USD MILLION)
FIGURE 26 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON INDUSTRY, 2020 VS. 2021 (USD MILLION)
FIGURE 27 MOST LIKELY SCENARIO: COVID-19 IMPACT ON SALES CHANNELS, 2020 VS. 2021 (USD MILLION)
FIGURE 28 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON SALES CHANNELS, 2020 VS. 2021 (USD MILLION)
FIGURE 29 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON SALES CHANNELS, 2020 VS. 2021 (USD MILLION)
FIGURE 30 MOST LIKELY SCENARIO: COVID-19 IMPACT ON REGIONS, 2020 VS. 2021 (USD MILLION)
FIGURE 31 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON REGIONS, 2020 VS. 2021 (USD MILLION)
FIGURE 32 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON REGIONS, 2020 VS. 2021 (USD MILLION)
FIGURE 33 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY KEY COUNTRY, 2017-2021 (USD MILLION)
FIGURE 34 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN CHINA, 2018-2021 (USD MILLION)
FIGURE 35 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN THE US, 2018-2021 (USD MILLION)
FIGURE 36 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN GERMANY, 2018-2021 (USD MILLION)
FIGURE 37 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN JAPAN, 2018-2021 (USD MILLION)
FIGURE 38 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN ITALY, 2018-2021 (USD MILLION)
FIGURE 39 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN SOUTH KOREA, 2018-2021 (USD MILLION)
FIGURE 40 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN INDIA, 2018-2021 (USD MILLION)
FIGURE 41 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN MEXICO, 2018-2021 (USD MILLION)
FIGURE 42 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN TAIWAN, 2018-2021 (USD MILLION)
FIGURE 43 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN JAPAN, 2018-2021 (USD MILLION)
FIGURE 44 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN CANADA, 2018-2021 (USD MILLION)
FIGURE 45 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN TURKEY, 2018-2021 (USD MILLION)
FIGURE 1 COVID-19: THE GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
FIGURE 3 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES BUT CURVES DEVIATE BASED
ON MEASURES TAKEN
FIGURE 4 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
FIGURE 5 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 6 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
FIGURE 7 GLOBAL MACHINE TOOLS MARKET ECOSYSTEM
FIGURE 8 GLOBAL MACHINE TOOLS MARKET: VALUE CHAIN
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY FOR MACHINE TOOLS:
TOP-DOWN APPROACH
FIGURE 10 MOST LIKELY SCENARIO: COVID-19 IMPACT ON MACHINE TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 11 COVID-19 IMPACT ON GLOBAL METAL CUTTING MACHINE, 2019-2021 (USD MILLION)
FIGURE 12 COVID-19 IMPACT ON GLOBAL METAL FORMING MACHINE, 2019-2021 (USD MILLION)
FIGURE 13 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON MACHINE TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 14 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON MACHINE TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 15 MOST LIKELY SCENARIO: COVID-19 IMPACT ON AUTOMATION TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 16 COVID-19 IMPACT ON GLOBAL CNC MACHINE TOOLS, 2019-2021 (USD MILLION)
FIGURE 17 COVID-19 IMPACT ON GLOBAL CONVENTIONAL MACHINE TOOLS, 2019-2021 (USD MILLION)
FIGURE 18 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON AUTOMATION TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 19 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON AUTOMATION TYPE, 2020 VS. 2021 (USD MILLION)
FIGURE 20 MOST LIKELY SCENARIO: COVID-19 IMPACT, BY INDUSTRY, 2020 VS. 2021 (USD MILLION)
FIGURE 21 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN AUTOMOTIVE, 2019-2021 (USD MILLION)
FIGURE 22 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN SHEET METAL, 2019-2021 (USD MILLION)
FIGURE 23 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN CAPITAL GOODS, 2019-2021 (USD MILLION)
FIGURE 24 COVID-19 IMPACT ON GLOBAL MACHINE TOOLS IN ENERGY, 2019-2021 (USD MILLION)
FIGURE 25 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON INDUSTRY, 2020 VS. 2021 (USD MILLION)
FIGURE 26 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON INDUSTRY, 2020 VS. 2021 (USD MILLION)
FIGURE 27 MOST LIKELY SCENARIO: COVID-19 IMPACT ON SALES CHANNELS, 2020 VS. 2021 (USD MILLION)
FIGURE 28 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON SALES CHANNELS, 2020 VS. 2021 (USD MILLION)
FIGURE 29 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON SALES CHANNELS, 2020 VS. 2021 (USD MILLION)
FIGURE 30 MOST LIKELY SCENARIO: COVID-19 IMPACT ON REGIONS, 2020 VS. 2021 (USD MILLION)
FIGURE 31 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON REGIONS, 2020 VS. 2021 (USD MILLION)
FIGURE 32 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON REGIONS, 2020 VS. 2021 (USD MILLION)
FIGURE 33 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET, BY KEY COUNTRY, 2017-2021 (USD MILLION)
FIGURE 34 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN CHINA, 2018-2021 (USD MILLION)
FIGURE 35 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN THE US, 2018-2021 (USD MILLION)
FIGURE 36 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN GERMANY, 2018-2021 (USD MILLION)
FIGURE 37 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN JAPAN, 2018-2021 (USD MILLION)
FIGURE 38 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN ITALY, 2018-2021 (USD MILLION)
FIGURE 39 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN SOUTH KOREA, 2018-2021 (USD MILLION)
FIGURE 40 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN INDIA, 2018-2021 (USD MILLION)
FIGURE 41 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN MEXICO, 2018-2021 (USD MILLION)
FIGURE 42 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN TAIWAN, 2018-2021 (USD MILLION)
FIGURE 43 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN JAPAN, 2018-2021 (USD MILLION)
FIGURE 44 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN CANADA, 2018-2021 (USD MILLION)
FIGURE 45 COVID-19 IMPACT ON THE GLOBAL MACHINE TOOLS MARKET IN TURKEY, 2018-2021 (USD MILLION)
