The 100 largest machine tool manufacturers worldwide in 2023
The machine tool industry is a competitive market with many companies competing for a share of the turnover. Which are the biggest players worldwide? How has their turnover and net profit developed? Which acquisitions and mergers have shaped the machine tool industry in recent years?
There is already a more up-to-date report than from 2023.
Abstract
This new study prepared by hpo forecasting ag sheds light on the market of machine tool manufacturers from a new perspective: The most prominent manufacturers in terms of sales worldwide are presented in a comprehensive ranking.
Learn more about how your company and peers are doing in terms of last published sales, which mergers and acquisitions are shaping the market, and how individual companies' sales have evolved since 2000.
You will receive a comprehensive Excel file that presents the largest 100 machine tool manufacturers and ranks them by sales strength. Additional analyses provide information about the geography of the machine tool manufacturers and market developments.
Only publicly available data from published annual reports and public platforms was used for this report.
DMG Mori, Amada and TRUMPF are the largest companies in the industry
The machine tool industry is a competitive market with many companies competing for a share of turnover. However, the 100 largest companies in the industry account for a significant portion of the total turnover, with a market share of €46,857 million or about 65% of the total market. The three largest machine tool manufacturers worldwide are DMG Mori, Amada and TRUMPF. DMG Mori, based in Japan and Germany, has a turnover of 3,136 million euros and specialises in machining. Amada, based in Japan, has a turnover of 2.398 million euros and specialises in machining and forming. TRUMPF, based in Germany, has a turnover of 2.289 million euros and specialises in cutting, forming and primary forming. Together, these three companies have a market share of €7.823 million, which represents approximately 11% of the total turnover of the worldwide machine tool market.
In terms of geographical distribution, the report shows that of the 100 largest machine tool manufacturers, Japan is strongly represented with 26 companies (including DMG Mori Company Limited in Japan), Germany with 18 companies (including DMG Mori Aktiengesellschaft in Bielefeld) and the USA with 11 companies. China, Taiwan and Switzerland also have many large machine tool manufacturers.
