Global Toolroom Machine (Machine Tools) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Grinding Machine, Milling Machines, Shaping Machines, Slotting Machines, Hacksaw Machines, and Others

By Control Type;

Conventional Machines and Computer Numerical Control (CNC) Machines

By Tool Type;

Metal Cutting Tools and Metal Forming Machines

By Industry;

Automotive, Aerospace & Defense, Machine Tools & Parts Manufacturing, Electrical & Electronics Manufacturing, Shipbuilding, Consumer Goods, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn551614778 Published Date: May, 2025 Updated Date: June, 2025

Toolroom Machine (Machine Tools) Market Overview

Toolroom Machine (Machine Tools) Market (USD Million)

Toolroom Machine (Machine Tools) Market was valued at USD 94,794.88 million in the year 2024. The size of this market is expected to increase to USD 140,199.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Global Toolroom Machine (Machine Tools) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 94,794.88 Million
Market Size (2031)USD 140,199.85 Million
Market ConcentrationMedium
Report Pages327
94,794.88
2024
140,199.85
2031

Major Players

  • 3M Company
  • AMADA MACHINE TOOLS CO., LTD.
  • Larsen & Toubro Infotech Limited
  • Siemens AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Toolroom Machine (Machine Tools) Market

Fragmented - Highly competitive market without dominant players


The Toolroom Machine (Machine Tools) Market is experiencing a major upsurge, driven by the increasing need for high-precision tools across key industries including automotive, aerospace, and defense. With 58% of the market demand attributed to precision tooling, companies are focusing on automated machining systems to enhance production consistency. The shift toward high-performance and digitally enabled machinery is reshaping the manufacturing ecosystem.

Technological Advancements Driving Growth
The integration of smart technologies and real-time analytics is significantly transforming toolroom operations. About 41% of users are adopting intelligent systems to boost operational efficiency and reduce downtime. These machines offer enhanced tolerances and superior surface finishes, crucial for sectors demanding exact specifications. The trend toward connected manufacturing environments is reinforcing this demand.

Emphasis on Flexibility and Customization
Industries are increasingly prioritizing flexibility and configurability in toolroom solutions. Around 36% of buyers now favor machines capable of executing multiple tasks, improving floor space efficiency. Demand is growing for compact, eco-conscious designs that support diverse machining requirements. This shift is especially prominent among SMEs and workshops requiring adaptable equipment for varied production needs.

Sustainable and Cost-Efficient Focus
Environmental considerations and long-term cost savings are now central to purchasing decisions. Around 29% of customers consider energy usage and lifecycle cost as critical selection factors. Manufacturers are increasingly launching low-emission machines made with recyclable components and efficient coolant systems. These innovations align with global environmental standards and provide measurable operational savings for end users.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Control Type
    3. Market Snapshot, By Tool Type
    4. Market Snapshot, By Industry
    5. Market Snapshot, By Region
  4. Toolroom Machine (Machine Tools) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. High-precision tools demand
        3. Automation and smart manufacturing
      2. Restraints
        1. High initial investment costs
        2. Maintenance and operational expenses
        3. Skill gaps and training requirements
      3. Opportunities
        1. Integration of Industry 4.0 technologies
        2. Growing demand in emerging markets
        3. Advancements in automation and robotics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Toolroom Machine (Machine Tools) Market, By Type, 2021 - 2031 (USD Million)
      1. Grinding Machine
      2. Milling Machines
      3. Shaping Machines
      4. Slotting Machines
      5. Hacksaw Machines
      6. Others
    2. Toolroom Machine (Machine Tools) Market, By Control Type, 2021 - 2031 (USD Million)
      1. Conventional Machines
      2. Computer Numerical Control (CNC) Machines
    3. Toolroom Machine (Machine Tools) Market, By Tool Type, 2021 - 2031 (USD Million)
      1. Metal Cutting Tools
      2. Metal Forming Machines
    4. Toolroom Machine (Machine Tools) Market, By Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Aerospace & Defense
      3. Machine Tools & Parts Manufacturing
      4. Electrical & Electronics Manufacturing
      5. Shipbuilding
      6. Consumer Goods
      7. Others
    5. Toolroom Machine (Machine Tools) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. AMADA MACHINE TOOLS Co., Ltd.
      3. Larsen & Toubro Infotech Limited
      4. Siemens AG
      5. Doosan Machine Tools Co., Ltd.
      6. DMG Mori Co., Ltd.
      7. Yamazaki Mazak Corporation
      8. Haas Automation, Inc.
      9. Okuma Corporation
      10. FANUC Corporation
  7. Analyst Views
  8. Future Outlook of the Market