Rolling mill and other metalworking
machinery manufacturing industry comprises of establishments primarily engaged
in manufacturing rolling mill machinery and equipment and/or other metal
working machinery (except industrial molds; special dies and tools, die sets,
jigs, and fixtures; cutting tools and machine tool accessories; and machine
tools).
The global rolling mill and other metalworking machinery manufacturing market
was valued at $50.5 billion in 2017. Asia Pacific was the largest region in
the metalworking machinery manufacturing market in 2017, accounting for more
than half of the market share, due to the large population in this region.
Western Europe was the second largest region accounting for around 25% market
share. South America was the smallest region accounting for around 1% market
share.
The
rolling mill and other metalworking machinery manufacturing is split into:
industrial mold manufacturing and fixture manufacturing.
China was the largest country in the market, accounting for over
one-fifth of the global rolling mill and other metalworking machinery
manufacturing market share. China was followed by India and Japan as the next
largest countries in the market.
The
top five competitors are: Trumpf group, Amada co ltd, Mitsubishi electric, Lst
gmbh and Mazak. Trumpf group was the largest competitor in the market in 2017. The
TRUMPF Group is a German
family-owned company with its head office in Ditzingen near Stuttgart. TRUMPF
is one of the world's biggest providers of machine tools.
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