Five of the ten product segments shaping production and sales of machine tool sector – new Quest industry report

This results in diverse positions of the ten product segments with regard to their influence on the unit and sales volume of the sector.

Only three of the ten product segments, namely forging machines and presses, deburring and grinding machines as well as drilling, milling and thread cutting machines already account for 61% of the industry’s unit volume. However, their value or sales share is significantly lower at 29%.

The Quest industry report adds two more product segments: machining centers and turning machines.

The value or sales share of these five product segments increases to 70%, their share of unit volume to 72%. So half of the ten product segments are having a significant impact on production and sales in the machine tool industry.

The new Quest industry report is available on https://www.quest-trendmagazine.com/en/machinery-industry/werkzeugmaschinen/product-segments-of-machine-tools.html

A further industry report highlights the stronger position of medium-sized companies in machine tools compared to the mechanical engineering industry on https://www.quest-trendmagazine.com/en/machinery-industry/werkzeugmaschinen/industry-structure-machine-tools.html

The Quest Trend Magazine has published industry reports on ten mechanical engineering industries that are important for automation technology.