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Home » Equipment and Machinery » Special Purpose Machines Market Report 2030

Special Purpose Machines Market By Type (Assembly Machines, Drilling Machines, Cutting Machines, Welding Machines, Grinding Machines, Turning Machines); By End-Use Industry (Automotive, Aerospace, Electronics & Semiconductors, Medical Devices, Packaging, Construction, Oil & Gas); By Technology (CNC (Computer Numerical Control), PLC (Programmable Logic Controller), Robotic Systems, IoT-Enabled Machines); By Function (Material Handling, Inspection, Machining, Assembly, Fabrication); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: OCT-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 43415799

The special purpose machines market was worth USD 3.3 billion in 2023 and will be worth USD 4.08 billion by 2030, growing at a CAGR of 2.7% during the forecast period.

 

Special Purpose Machines market is greatly influenced by the increasing need for cost-effective and specific automation systems across automotive, aerospace, and electronics production sectors. As global industrial automation is projected to grow at more than 9% every year, firms depend on diverse machines to fulfill certain needs and enhance productivity in the manufacturing industries ranging from automotive to aerospace and defense. For instance, in the automotive sector, leading players were increasing spending on special-purpose machines to support engine assembly and precision machining operations, which are crucial in boosting production and cutting operational expenses. Recent development includes innovation in technologies such as tactical integration of new Robotics, Artificial Intelligent, and the Internet of Things in these special-purpose machines, which facilitate online and real-time control. This has greatly helped many manufacturers to attain higher levels of accuracy, reduced times of interruptions and enhanced production facilities. For example, in aerospace manufacturing, smart special-purpose machines are becoming crucial for cutting composites and assembling components of turbines with quality and efficiency while minimizing waste. These advancements are making special-purpose machines’ needs felt greatly across different industries.

 

The global Special Purpose Machines market offers immense potential as organizations continue to integrate computerized and sophisticated systems to enhance their production-dependent processes. Since the market size of industrial automation is estimated to be over $ 200 billion by 2025, several specially designed automobiles to match the production requirements are expected to be in high demand. For instance, in the electronics industry, manufacturers are increasingly incorporating special-purpose machines in the handling of operations such as PCB assembly and semiconductor packaging to increase the rate of production and accuracy. The latest technological advancements include the application of artificial intelligence and machine learning whereby machines can diagnose themselves and adjust to the alterations within production needs thereby cutting on production time and increasing production. This, in turn, opens up a great prospect for improving efficiency and remaining viable for organizations to acquire new, increasingly sophisticated, exclusive tools.

 

special-purpose-machines-market-infographic

 

Market Segmentation

By Type:

  • Assembly Machines

  • Drilling Machines

  • Cutting Machines

  • Welding Machines

  • Grinding Machines

  • Turning Machines

 

By End-Use Industry:

  • Automotive

  • Aerospace

  • Electronics & Semiconductors

  • Medical Devices

  • Packaging

  • Construction

  • Oil & Gas

 

By Technology:

  • CNC (Computer Numerical Control)

  • PLC (Programmable Logic Controller)

  • Robotic Systems

  • IoT-Enabled Machines

 

By Function:

  • Material Handling

  • Inspection

  • Machining

  • Assembly

  • Fabrication

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

The Asia-Pacific holds the highest market share in the Special Purpose Machines market due to increasing industrialization and manufacturing industries and automotive and electronics production clusters. Currently, Asia commands this market, specifically China, Japan, and South Korea; China makes up over 30% of global manufacturing output. Demand for more suitable machines has also been driven by the region's emphasis on automation and enhanced manufacturing technologies. Recent improvements can be categorized as integrating Robotics and AI in special-purpose machines such as automobiles and the electronics industry. For instance, ARP showed that several of the automotive manufacturers in Japan are employing artificial intelligence to automate work pieces such as component assembly and metalworking, which enhances precision work and speed. This strong emphasis on innovation and manufacturing effectiveness cements Asia-Pacific as a market leader.

 

Key Players

  • Dalian Machine Tool Group (DMTG)

  • Batliboi Ltd.

  • HMT Machine Tools

  • EMAG Group

  • Fives Group

  • Yamazaki Mazak Corporation

  • JTEKT Corporation

  • Schuler Group

  • FFG European & American Holdings GmbH

  • KMT Waterjet

 

Special Purpose Machines Market Report Coverage

Report Attribute

Details

Forecast Period

2023 – 2030

Market Size Value in 2023

USD 3.3 billion

Revenue Forecast in 2030

USD 4.08 billion

Overall Growth Rate

CAGR of 2.7%

Base Year for Estimation

2022

Historical Data

2017 – 2021

Unit

USD Billion, CAGR (2023 - 2030)

Segmentation

By Type, By End-Use Industry, By Technology, By Function, By Region

By Type

Assembly Machines, Drilling Machines, Cutting Machines, Welding Machines, Grinding Machines, Turning Machines

By End-Use Industry

Automotive, Aerospace, Electronics & Semiconductors, Medical Devices, Packaging, Construction, Oil & Gas

By Technology

CNC (Computer Numerical Control), PLC (Programmable Logic Controller), Robotic Systems, IoT-Enabled Machines

By Function

Material Handling, Inspection, Machining, Assembly, Fabrication

By Region

North America, Europe, Asia Pacific, LAMEA

Country Scope

US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Question About This Report

The Special Purpose Machines Market was valued at USD 3.3 billion in 2023 and is expected to reach USD 4.08 billion by 2030, growing at a CAGR of 2.7% during the forecast period.

The growth is fueled by the increasing need for cost-effective and specific automation systems across various industries.

Prominent players include EMAG GmbH & Co. KG, Fives Group, and HMT Machine Tools Limited.

Asia-Pacific holds the largest market share, driven by rapid industrialization and the adoption of automation in manufacturing processes.

The automotive industry segment accounts for the largest share, due to the high demand for specialized machines in vehicle manufacturing and assembly.

.

Table of Contents

1.    SPECIAL PURPOSE MACHINES MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    SPECIAL PURPOSE MACHINES MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – SPECIAL PURPOSE MACHINES MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Type of Special Purpose Machines and End Use Outlook Analysis
4.    HISTORIC TRENDS IN SPECIAL PURPOSE MACHINES MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA SPECIAL PURPOSE MACHINES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Special Purpose Machines Historical Market ($MILLION), (2017 – 2023)
6.2. North America Special Purpose Machines Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
6.3.1. Assembly Machines
6.3.2. Drilling Machines
6.3.3. Cutting Machines
6.3.4. Welding Machines
6.3.5. Grinding Machines
6.3.6. Turning Machines
6.4. North America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Function
6.4.1. Material Handling
6.4.2. Inspection
6.4.3. Machining
6.4.4. Assembly
6.4.5. Fabrication
6.5. North America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
6.5.1. CNC (Computer Numerical Control)
6.5.2. PLC (Programmable Logic Controller)
6.5.3. Robotic Systems
6.5.4. IoT-Enabled Machines
6.6. North America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
6.6.1. Automotive
6.6.2. Aerospace
6.6.3. Electronics & Semiconductors
6.6.4. Medical Devices
6.6.5. Packaging
6.6.6. Construction
6.6.7. Oil & Gas
6.7. North America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA SPECIAL PURPOSE MACHINES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE SPECIAL PURPOSE MACHINES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Special Purpose Machines Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Special Purpose Machines Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
8.4. Europe Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Function
8.5. Europe Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
8.6. Europe Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
8.7. Europe Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC SPECIAL PURPOSE MACHINES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Special Purpose Machines Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Special Purpose Machines Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
9.4. APAC Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Function
9.5. APAC Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
9.6. APAC Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
9.7. APAC Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA SPECIAL PURPOSE MACHINES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Special Purpose Machines Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Special Purpose Machines Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
10.4. Latin America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Function
10.5. Latin America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
10.6. Latin America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry
10.7. Latin America Special Purpose Machines Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. DALIAN MACHINE TOOL GROUP (DMTG)
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Batliboi Ltd.
11.3. HMT Machine Tools
11.4. EMAG Group
11.5. Fives Group
11.6. Yamazaki Mazak Corporation
11.7. JTEKT Corporation
11.8. OTHER MARKET PLAYERS

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