COVID-19 Impacts: Machine Tools Market in France will Accelerate at a CAGR of almost 3% through 2020-2024 | Increasing Use of Additive Manufacturing to Boost Growth | Technavio - Business Wire

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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the machine tools market in France and it is poised to grow by USD 185.13 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request the Latest Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• What is the year-over-year growth of the machine tools market in France in 2020?
  As per Technavio, the year-over-year growth of the market is 2.48% in 2020.
• At what rate is the market projected to grow during the forecast period 2020-2024?
  Growing at a CAGR of almost 3%, the market growth will accelerate in the forecast period.
• What is the key factor driving the market?
  Increasing use of additive manufacturing.
• Who are the top players in the market?
  ANDRITZ AG, ARIES ALLIANCE, DMG MORI Co. Ltd., Doosan Corp., Hurco Co. Inc., HURON GRAFFENSTADEN SAS, Makino Milling Machine Co. Ltd., REALMECA, TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corp. are the top players in the market.
• Which segment is expected to hold the highest market share?
  Aerospace industry.
• What is the major trend for the machine tools market in France?
  Integration of robots with machine tools.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ANDRITZ AG, ARIES ALLIANCE, DMG MORI Co. Ltd., Doosan Corp., Hurco Co. Inc., HURON GRAFFENSTADEN SAS, Makino Milling Machine Co. Ltd., REALMECA, TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing use of additive manufacturing has been instrumental in driving the growth of the market. However, the availability of low-cost machines might hamper market growth.

Machine Tools Market in France 2020-2024: Segmentation

Machine Tools Market in France is segmented as below:

• End-user
  • Automotive Industry
  • Aerospace Industry
  • Metalworking Industry
  • Industrial Machinery
  • Others
• Type
  • Metal Cutting Tools
  • Metal Forming Tools

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Machine Tools Market in France 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our machine tools market in France report covers the following areas:

• Machine Tools Market in France size
• Machine Tools Market in France trends
• Machine Tools Market in France industry analysis

This study identifies the integration of robots with machine tools as one of the prime reasons driving the machine tools market growth in France during the next few years.

Machine Tools Market in France 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the machine tools market in France, including some of the vendors such as ANDRITZ AG, ARIES ALLIANCE, DMG MORI Co. Ltd., Doosan Corp., Hurco Co. Inc., HURON GRAFFENSTADEN SAS, Makino Milling Machine Co. Ltd., REALMECA, TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corp. Backed with competitive intelligence and benchmarking, our research reports on the machine tools market in France are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Machine Tools Market in France 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist machine tools market growth in France during the next five years
• Estimation of the machine tools market size in France and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the machine tools market in France
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of machine tools market vendors in France

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value Chain Analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market Outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Automotive industry - Market size and forecast 2019-2024
• Aerospace industry - Market size and forecast 2019-2024
• Metalworking industry - Market size and forecast 2019-2024
• Industrial machinery - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TYPE

• Market segmentation by type
• Comparison by type
• Metal cutting tools - Market size and forecast 2019-2024
• Metal forming tools - Market size and forecast 2019-2024
• Market opportunity by type

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing use of additive manufacturing
• Integration of robots with machine tools
• Integration of IoT with machine tools

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• ANDRITZ AG
• ARIES ALLIANCE
• DMG MORI Co. Ltd.
• Doosan Corp.
• Hurco Co. Inc.
• HURON GRAFFENSTADEN SAS
• Makino Milling Machine Co. Ltd.
• REALMECA
• TRUMPF GmbH + Co. KG
• Yamazaki Mazak Corp.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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COVID-19 Impacts: Machine Tools Market in France will Accelerate at a CAGR of almost 3% through 2020-2024 | Increasing Use of Additive Manufacturing to Boost Growth | Technavio - Business Wire
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