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Machine Tool Market in India 2025-2029

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    Report

  • 178 Pages
  • February 2025
  • Region: India
  • TechNavio
  • ID: 5005560
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Adoption of 3D Printing Technology is a Key Trend Gaining Market Momentum

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The machine tool market in India is forecasted to grow by USD 3.08 billion during 2024-2029, accelerating at a CAGR of 11.6% during the forecast period. The report on the machine tool market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising industrial automation in India, growing demand for machine tools from ice-based automobiles, and growing demand for CNC machine tools.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The machine tool market in India is segmented as below:

By Technology

  • CNC machine tools
  • Conventional machine tools

By Type

  • Metal cutting machines
  • Metal forming machines

By Action Mechanism

  • Semi-automatic
  • Fully automatic

By Application

  • Automotive
  • Aerospace and defense
  • Heavy Engineering
  • Electronics

By Geographical Landscape

  • APAC
This study identifies the adoption of 3d printing technology as one of the prime reasons driving the machine tool market in India growth during the next few years. Also, growing digitization in machine tools and growing popularity of all-electric vehicles influencing demand for machine tools will lead to sizable demand in the market.

The report on the machine tool market in India covers the following areas:

  • Machine Tool Market in India sizing
  • Machine Tool Market in India forecast
  • Machine Tool Market in India industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading machine tool market in India vendors that include Accusharp Cutting Tools Pvt. Ltd., Ace Multi Axes Systems Ltd., Ahire Machine Tools, Ajinkya Industries, Alex Machine Tools Pvt. Ltd., Bharat Fritz Werner Ltd., Bhavya Machine Tools, Birla Precision Technologies Ltd., DMG MORI Co. Ltd., Gamut Machine Tools, Geeta Machine Tools Pvt. Ltd., General Machine Tools, HMT Ltd., ITL Industries Ltd, Jyoti CNC Automation Ltd., Lakshmi Machine Works Ltd., Lokesh Machines Ltd., Makino Milling Machine Co. Ltd., Okuma Corp., and Om International Machine Tools. Also, the machine tool market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Action Mechanism
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India: Year-over-year growth 2024-2029 (%)
Data Table on India: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Machine Tool Market in India 2019 - 2023
Historic Market Size - Data Table on Machine Tool Market in India 2019 - 2023 ($ million)
5.2 Technology segment analysis 2019 - 2023
Historic Market Size - Technology Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Action Mechanism segment analysis 2019 - 2023
Historic Market Size - Action Mechanism Segment 2019 - 2023 ($ million)
5.5 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the Machine Tool Market in India
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Technology
8.1 Market segments
Chart on Technology - Market share 2024-2029 (%)
Data Table on Technology - Market share 2024-2029 (%)
8.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
8.3 CNC machine tools - Market size and forecast 2024-2029
Chart on CNC machine tools - Market size and forecast 2024-2029 ($ million)
Data Table on CNC machine tools - Market size and forecast 2024-2029 ($ million)
Chart on CNC machine tools - Year-over-year growth 2024-2029 (%)
Data Table on CNC machine tools - Year-over-year growth 2024-2029 (%)
8.4 Conventional machine tools - Market size and forecast 2024-2029
Chart on Conventional machine tools - Market size and forecast 2024-2029 ($ million)
Data Table on Conventional machine tools - Market size and forecast 2024-2029 ($ million)
Chart on Conventional machine tools - Year-over-year growth 2024-2029 (%)
Data Table on Conventional machine tools - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Metal cutting machines - Market size and forecast 2024-2029
Chart on Metal cutting machines - Market size and forecast 2024-2029 ($ million)
Data Table on Metal cutting machines - Market size and forecast 2024-2029 ($ million)
Chart on Metal cutting machines - Year-over-year growth 2024-2029 (%)
Data Table on Metal cutting machines - Year-over-year growth 2024-2029 (%)
9.4 Metal forming machines - Market size and forecast 2024-2029
Chart on Metal forming machines - Market size and forecast 2024-2029 ($ million)
Data Table on Metal forming machines - Market size and forecast 2024-2029 ($ million)
Chart on Metal forming machines - Year-over-year growth 2024-2029 (%)
Data Table on Metal forming machines - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Action Mechanism
10.1 Market segments
Chart on Action Mechanism - Market share 2024-2029 (%)
Data Table on Action Mechanism - Market share 2024-2029 (%)
10.2 Comparison by Action Mechanism
Chart on Comparison by Action Mechanism
Data Table on Comparison by Action Mechanism
10.3 Semi-automatic - Market size and forecast 2024-2029
Chart on Semi-automatic - Market size and forecast 2024-2029 ($ million)
Data Table on Semi-automatic - Market size and forecast 2024-2029 ($ million)
Chart on Semi-automatic - Year-over-year growth 2024-2029 (%)
Data Table on Semi-automatic - Year-over-year growth 2024-2029 (%)
10.4 Fully automatic - Market size and forecast 2024-2029
Chart on Fully automatic - Market size and forecast 2024-2029 ($ million)
Data Table on Fully automatic - Market size and forecast 2024-2029 ($ million)
Chart on Fully automatic - Year-over-year growth 2024-2029 (%)
Data Table on Fully automatic - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Action Mechanism
Market opportunity by Action Mechanism ($ million)
Data Table on Market opportunity by Action Mechanism ($ million)
11 Market Segmentation by Application
11.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
11.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
11.3 Automotive - Market size and forecast 2024-2029
Chart on Automotive - Market size and forecast 2024-2029 ($ million)
Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
Chart on Automotive - Year-over-year growth 2024-2029 (%)
Data Table on Automotive - Year-over-year growth 2024-2029 (%)
11.4 Aerospace and defense - Market size and forecast 2024-2029
Chart on Aerospace and defense - Market size and forecast 2024-2029 ($ million)
Data Table on Aerospace and defense - Market size and forecast 2024-2029 ($ million)
Chart on Aerospace and defense - Year-over-year growth 2024-2029 (%)
Data Table on Aerospace and defense - Year-over-year growth 2024-2029 (%)
11.5 Heavy Engineering - Market size and forecast 2024-2029
Chart on Heavy Engineering - Market size and forecast 2024-2029 ($ million)
Data Table on Heavy Engineering - Market size and forecast 2024-2029 ($ million)
Chart on Heavy Engineering - Year-over-year growth 2024-2029 (%)
Data Table on Heavy Engineering - Year-over-year growth 2024-2029 (%)
11.6 Electronics - Market size and forecast 2024-2029
Chart on Electronics - Market size and forecast 2024-2029 ($ million)
Data Table on Electronics - Market size and forecast 2024-2029 ($ million)
Chart on Electronics - Year-over-year growth 2024-2029 (%)
Data Table on Electronics - Year-over-year growth 2024-2029 (%)
11.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
12 Customer Landscape
12.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Accusharp Cutting Tools Pvt. Ltd.
Accusharp Cutting Tools Pvt. Ltd. - Overview
Accusharp Cutting Tools Pvt. Ltd. - Product / Service
Accusharp Cutting Tools Pvt. Ltd. - Key offerings
SWOT
15.5 Alex Machine Tools Pvt. Ltd.
Alex Machine Tools Pvt. Ltd. - Overview
Alex Machine Tools Pvt. Ltd. - Product / Service
Alex Machine Tools Pvt. Ltd. - Key offerings
SWOT
15.6 Bharat Fritz Werner Ltd.
Bharat Fritz Werner Ltd. - Overview
Bharat Fritz Werner Ltd. - Product / Service
Bharat Fritz Werner Ltd. - Key offerings
SWOT
15.7 Bhavya Machine Tools
Bhavya Machine Tools - Overview
Bhavya Machine Tools - Product / Service
Bhavya Machine Tools - Key offerings
SWOT
15.8 Birla Precision Technologies Ltd.
Birla Precision Technologies Ltd. - Overview
Birla Precision Technologies Ltd. - Product / Service
Birla Precision Technologies Ltd. - Key offerings
SWOT
15.9 DMG MORI Co. Ltd.
DMG MORI Co. Ltd. - Overview
DMG MORI Co. Ltd. - Business segments
DMG MORI Co. Ltd. - Key offerings
DMG MORI Co. Ltd. - Segment focus
SWOT
15.10 Geeta Machine Tools Pvt. Ltd.
Geeta Machine Tools Pvt. Ltd. - Overview
Geeta Machine Tools Pvt. Ltd. - Product / Service
Geeta Machine Tools Pvt. Ltd. - Key offerings
SWOT
15.11 HMT Ltd.
HMT Ltd. - Overview
HMT Ltd. - Product / Service
HMT Ltd. - Key offerings
SWOT
15.12 ITL Industries Ltd
ITL Industries Ltd - Overview
ITL Industries Ltd - Product / Service
ITL Industries Ltd - Key offerings
SWOT
15.13 Jyoti CNC Automation Ltd.
Jyoti CNC Automation Ltd. - Overview
Jyoti CNC Automation Ltd. - Product / Service
Jyoti CNC Automation Ltd. - Key offerings
SWOT
15.14 Lakshmi Machine Works Ltd.
Lakshmi Machine Works Ltd. - Overview
Lakshmi Machine Works Ltd. - Product / Service
Lakshmi Machine Works Ltd. - Key offerings
SWOT
15.15 Lokesh Machines Ltd.
Lokesh Machines Ltd. - Overview
Lokesh Machines Ltd. - Product / Service
Lokesh Machines Ltd. - Key offerings
SWOT
15.16 Makino Milling Machine Co. Ltd.
Makino Milling Machine Co. Ltd. - Overview
Makino Milling Machine Co. Ltd. - Business segments
Makino Milling Machine Co. Ltd. - Key offerings
Makino Milling Machine Co. Ltd. - Segment focus
SWOT
15.17 Okuma Corp.
Okuma Corp. - Overview
Okuma Corp. - Business segments
Okuma Corp. - Key offerings
Okuma Corp. - Segment focus
SWOT
15.18 Om International Machine Tools
Om International Machine Tools - Overview
Om International Machine Tools - Product / Service
Om International Machine Tools - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Action Mechanism
Exhibits 7: Executive Summary - Chart on Market Segmentation by Application
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 10: Overview on criticality of inputs and factors of differentiation
Exhibits 11: Overview on factors of disruption
Exhibits 12: Impact of drivers and challenges in 2024 and 2029
Exhibits 13: Parent Market
Exhibits 14: Data Table on - Parent Market
Exhibits 15: Market characteristics analysis
Exhibits 16: Value chain analysis
Exhibits 17: Offerings of companies included in the market definition
Exhibits 18: Market segments
Exhibits 19: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 21: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits 22: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits 23: Historic Market Size - Data Table on Machine Tool Market in India 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - Technology Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Action Mechanism Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 28: Five forces analysis - Comparison between 2024 and 2029
Exhibits 29: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 30: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 32: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 33: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 34: Chart on Market condition - Five forces 2024 and 2029
Exhibits 35: Chart on Technology - Market share 2024-2029 (%)
Exhibits 36: Data Table on Technology - Market share 2024-2029 (%)
Exhibits 37: Chart on Comparison by Technology
Exhibits 38: Data Table on Comparison by Technology
Exhibits 39: Chart on CNC machine tools - Market size and forecast 2024-2029 ($ million)
Exhibits 40: Data Table on CNC machine tools - Market size and forecast 2024-2029 ($ million)
Exhibits 41: Chart on CNC machine tools - Year-over-year growth 2024-2029 (%)
Exhibits 42: Data Table on CNC machine tools - Year-over-year growth 2024-2029 (%)
Exhibits 43: Chart on Conventional machine tools - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Data Table on Conventional machine tools - Market size and forecast 2024-2029 ($ million)
Exhibits 45: Chart on Conventional machine tools - Year-over-year growth 2024-2029 (%)
Exhibits 46: Data Table on Conventional machine tools - Year-over-year growth 2024-2029 (%)
Exhibits 47: Market opportunity by Technology ($ million)
Exhibits 48: Data Table on Market opportunity by Technology ($ million)
Exhibits 49: Chart on Type - Market share 2024-2029 (%)
Exhibits 50: Data Table on Type - Market share 2024-2029 (%)
Exhibits 51: Chart on Comparison by Type
Exhibits 52: Data Table on Comparison by Type
Exhibits 53: Chart on Metal cutting machines - Market size and forecast 2024-2029 ($ million)
Exhibits 54: Data Table on Metal cutting machines - Market size and forecast 2024-2029 ($ million)
Exhibits 55: Chart on Metal cutting machines - Year-over-year growth 2024-2029 (%)
Exhibits 56: Data Table on Metal cutting machines - Year-over-year growth 2024-2029 (%)
Exhibits 57: Chart on Metal forming machines - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Data Table on Metal forming machines - Market size and forecast 2024-2029 ($ million)
Exhibits 59: Chart on Metal forming machines - Year-over-year growth 2024-2029 (%)
Exhibits 60: Data Table on Metal forming machines - Year-over-year growth 2024-2029 (%)
Exhibits 61: Market opportunity by Type ($ million)
Exhibits 62: Data Table on Market opportunity by Type ($ million)
Exhibits 63: Chart on Action Mechanism - Market share 2024-2029 (%)
Exhibits 64: Data Table on Action Mechanism - Market share 2024-2029 (%)
Exhibits 65: Chart on Comparison by Action Mechanism
Exhibits 66: Data Table on Comparison by Action Mechanism
Exhibits 67: Chart on Semi-automatic - Market size and forecast 2024-2029 ($ million)
Exhibits 68: Data Table on Semi-automatic - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Chart on Semi-automatic - Year-over-year growth 2024-2029 (%)
Exhibits 70: Data Table on Semi-automatic - Year-over-year growth 2024-2029 (%)
Exhibits 71: Chart on Fully automatic - Market size and forecast 2024-2029 ($ million)
Exhibits 72: Data Table on Fully automatic - Market size and forecast 2024-2029 ($ million)
Exhibits 73: Chart on Fully automatic - Year-over-year growth 2024-2029 (%)
Exhibits 74: Data Table on Fully automatic - Year-over-year growth 2024-2029 (%)
Exhibits 75: Market opportunity by Action Mechanism ($ million)
Exhibits 76: Data Table on Market opportunity by Action Mechanism ($ million)
Exhibits 77: Chart on Application - Market share 2024-2029 (%)
Exhibits 78: Data Table on Application - Market share 2024-2029 (%)
Exhibits 79: Chart on Comparison by Application
Exhibits 80: Data Table on Comparison by Application
Exhibits 81: Chart on Automotive - Market size and forecast 2024-2029 ($ million)
Exhibits 82: Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Chart on Automotive - Year-over-year growth 2024-2029 (%)
Exhibits 84: Data Table on Automotive - Year-over-year growth 2024-2029 (%)
Exhibits 85: Chart on Aerospace and defense - Market size and forecast 2024-2029 ($ million)
Exhibits 86: Data Table on Aerospace and defense - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Chart on Aerospace and defense - Year-over-year growth 2024-2029 (%)
Exhibits 88: Data Table on Aerospace and defense - Year-over-year growth 2024-2029 (%)
Exhibits 89: Chart on Heavy Engineering - Market size and forecast 2024-2029 ($ million)
Exhibits 90: Data Table on Heavy Engineering - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Chart on Heavy Engineering - Year-over-year growth 2024-2029 (%)
Exhibits 92: Data Table on Heavy Engineering - Year-over-year growth 2024-2029 (%)
Exhibits 93: Chart on Electronics - Market size and forecast 2024-2029 ($ million)
Exhibits 94: Data Table on Electronics - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Chart on Electronics - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on Electronics - Year-over-year growth 2024-2029 (%)
Exhibits 97: Market opportunity by Application ($ million)
Exhibits 98: Data Table on Market opportunity by Application ($ million)
Exhibits 99: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 100: Impact of drivers and challenges in 2024 and 2029
Exhibits 101: Overview on criticality of inputs and factors of differentiation
Exhibits 102: Overview on factors of disruption
Exhibits 103: Impact of key risks on business
Exhibits 104: Companies covered
Exhibits 105: Company ranking index
Exhibits 106: Matrix on companies position and classification
Exhibits 107: Accusharp Cutting Tools Pvt. Ltd. - Overview
Exhibits 108: Accusharp Cutting Tools Pvt. Ltd. - Product / Service
Exhibits 109: Accusharp Cutting Tools Pvt. Ltd. - Key offerings
Exhibits 110: SWOT
Exhibits 111: Alex Machine Tools Pvt. Ltd. - Overview
Exhibits 112: Alex Machine Tools Pvt. Ltd. - Product / Service
Exhibits 113: Alex Machine Tools Pvt. Ltd. - Key offerings
Exhibits 114: SWOT
Exhibits 115: Bharat Fritz Werner Ltd. - Overview
Exhibits 116: Bharat Fritz Werner Ltd. - Product / Service
Exhibits 117: Bharat Fritz Werner Ltd. - Key offerings
Exhibits 118: SWOT
Exhibits 119: Bhavya Machine Tools - Overview
Exhibits 120: Bhavya Machine Tools - Product / Service
Exhibits 121: Bhavya Machine Tools - Key offerings
Exhibits 122: SWOT
Exhibits 123: Birla Precision Technologies Ltd. - Overview
Exhibits 124: Birla Precision Technologies Ltd. - Product / Service
Exhibits 125: Birla Precision Technologies Ltd. - Key offerings
Exhibits 126: SWOT
Exhibits 127: DMG MORI Co. Ltd. - Overview
Exhibits 128: DMG MORI Co. Ltd. - Business segments
Exhibits 129: DMG MORI Co. Ltd. - Key offerings
Exhibits 130: DMG MORI Co. Ltd. - Segment focus
Exhibits 131: SWOT
Exhibits 132: Geeta Machine Tools Pvt. Ltd. - Overview
Exhibits 133: Geeta Machine Tools Pvt. Ltd. - Product / Service
Exhibits 134: Geeta Machine Tools Pvt. Ltd. - Key offerings
Exhibits 135: SWOT
Exhibits 136: HMT Ltd. - Overview
Exhibits 137: HMT Ltd. - Product / Service
Exhibits 138: HMT Ltd. - Key offerings
Exhibits 139: SWOT
Exhibits 140: ITL Industries Ltd - Overview
Exhibits 141: ITL Industries Ltd - Product / Service
Exhibits 142: ITL Industries Ltd - Key offerings
Exhibits 143: SWOT
Exhibits 144: Jyoti CNC Automation Ltd. - Overview
Exhibits 145: Jyoti CNC Automation Ltd. - Product / Service
Exhibits 146: Jyoti CNC Automation Ltd. - Key offerings
Exhibits 147: SWOT
Exhibits 148: Lakshmi Machine Works Ltd. - Overview
Exhibits 149: Lakshmi Machine Works Ltd. - Product / Service
Exhibits 150: Lakshmi Machine Works Ltd. - Key offerings
Exhibits 151: SWOT
Exhibits 152: Lokesh Machines Ltd. - Overview
Exhibits 153: Lokesh Machines Ltd. - Product / Service
Exhibits 154: Lokesh Machines Ltd. - Key offerings
Exhibits 155: SWOT
Exhibits 156: Makino Milling Machine Co. Ltd. - Overview
Exhibits 157: Makino Milling Machine Co. Ltd. - Business segments
Exhibits 158: Makino Milling Machine Co. Ltd. - Key offerings
Exhibits 159: Makino Milling Machine Co. Ltd. - Segment focus
Exhibits 160: SWOT
Exhibits 161: Okuma Corp. - Overview
Exhibits 162: Okuma Corp. - Business segments
Exhibits 163: Okuma Corp. - Key offerings
Exhibits 164: Okuma Corp. - Segment focus
Exhibits 165: SWOT
Exhibits 166: Om International Machine Tools - Overview
Exhibits 167: Om International Machine Tools - Product / Service
Exhibits 168: Om International Machine Tools - Key offerings
Exhibits 169: SWOT
Exhibits 170: Inclusions checklist
Exhibits 171: Exclusions checklist
Exhibits 172: Currency conversion rates for US$
Exhibits 173: Research methodology
Exhibits 174: Information sources
Exhibits 175: Data validation
Exhibits 176: Validation techniques employed for market sizing
Exhibits 177: Data synthesis
Exhibits 178: 360 degree market analysis
Exhibits 179: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the machine tool market in india: Accusharp Cutting Tools Pvt. Ltd., Ace Multi Axes Systems Ltd., Ahire Machine Tools, Ajinkya Industries, Alex Machine Tools Pvt. Ltd., Bharat Fritz Werner Ltd., Bhavya Machine Tools, Birla Precision Technologies Ltd., DMG MORI Co. Ltd., Gamut Machine Tools, Geeta Machine Tools Pvt. Ltd., General Machine Tools, HMT Ltd., ITL Industries Ltd, Jyoti CNC Automation Ltd., Lakshmi Machine Works Ltd., Lokesh Machines Ltd., Makino Milling Machine Co. Ltd., Okuma Corp., and Om International Machine Tools.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of 3d printing technology."

According to the report, one of the major drivers for this market is the rising industrial automation in india.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accusharp Cutting Tools Pvt. Ltd.
  • Ace Multi Axes Systems Ltd.
  • Ahire Machine Tools
  • Ajinkya Industries
  • Alex Machine Tools Pvt. Ltd.
  • Bharat Fritz Werner Ltd.
  • Bhavya Machine Tools
  • Birla Precision Technologies Ltd.
  • DMG MORI Co. Ltd.
  • Gamut Machine Tools
  • Geeta Machine Tools Pvt. Ltd.
  • General Machine Tools
  • HMT Ltd.
  • ITL Industries Ltd
  • Jyoti CNC Automation Ltd.
  • Lakshmi Machine Works Ltd.
  • Lokesh Machines Ltd.
  • Makino Milling Machine Co. Ltd.
  • Okuma Corp.
  • Om International Machine Tools