Metal Forming Machine Tools Market

By Type;

Bulk Forming, Sheet Forming, Powder Metal Forming and Others

By Raw Materials;

Ferrous, Non-Ferrous, Steel, Aluminum and Others

By Application;

Automotive, Manufacturing, Precision Engineering, Construction, Aerospace & Defense and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn094664368 Published Date: September, 2025 Updated Date: October, 2025

MetOverviewal Forming Machine Tools Market

Metal Forming Machine Tools Market (USD Million)

Metal Forming Machine Tools Market was valued at USD 22,395.50 million in the year 2024. The size of this market is expected to increase to USD 28,978.61 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.


Metal Forming Machine Tools Market

*Market size in USD million

CAGR 3.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.8 %
Market Size (2024)USD 22,395.50 Million
Market Size (2031)USD 28,978.61 Million
Market ConcentrationHigh
Report Pages313
22,395.50
2024
28,978.61
2031

Major Players

  • Accurl CNC Machine Anhui Manufactory Co. Ltd.
  • Accurpress Product Sales
  • AMADA Co. Ltd.
  • Andritz AG
  • Betenbender Manufacturing Inc.
  • CINCINNATI Inc.
  • DMG MORI Co. Ltd.
  • ECKOLD AG
  • FAGOR ARRASATE S.COOP.
  • Haas Automation Inc.
  • Hyundai Wia Corp.
  • JIER Machine Tool Group Co. Ltd.
  • Komatsu Ltd.
  • Lodesani and Carreri Srl
  • Mitsubishi Corp.
  • MONDRAGON Corp.
  • Nidec Corp.
  • Santec Exim Pvt. Ltd.
  • Sumitomo Heavy Industries Ltd.
  • TRUMPF SE Co. KG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Metal Forming Machine Tools Market

Fragmented - Highly competitive market without dominant players


The Metal Forming Machine Tools Market is essential for modern manufacturing, providing precision shaping for industries such as automotive, aerospace, and construction. Adoption of advanced forming machines has risen by 45%, driven by the need for accuracy, productivity, and waste reduction. The integration of automation and digital systems is further boosting consistency and efficiency across production lines.

Key Drivers of Growth
Demand for lightweight components in automotive and aerospace has pushed over 40% of manufacturers toward high-strength alloys and precision forming tools. Growing adoption of smart factories is fueling demand for digitally connected forming machines, enabling predictive maintenance and real-time monitoring.

Technological Advancements
Breakthroughs such as CNC-controlled forming machines, hybrid systems, and AI-powered analytics are redefining efficiency. Nearly 50% of new installations now include automation-driven technologies, cutting downtime while improving accuracy in complex design tasks.

Strategies and Collaborations
Companies are focusing on strategic mergers, partnerships, and product innovation to expand reach. About 35% of collaborations emphasize integrating digital platforms and smart sensors into forming machines, ensuring higher productivity and customized industrial solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Raw Materials
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Metal Forming Machine Tools Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Metal Forming Machine Tools Market, By Type, 2021 - 2031 (USD Million)
      1. Bulk Forming
      2. Sheet Forming
      3. Powder Metal Forming
      4. Others
    2. Metal Forming Machine Tools Market, By Raw Materials, 2021 - 2031 (USD Million)
      1. Ferrous
      2. Non-Ferrous
      3. Steel
      4. Aluminum
      5. Others
    3. Metal Forming Machine Tools Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Manufacturing
      3. Precision Engineering
      4. Construction
      5. Aerospace & Defense
      6. Others
    4. Metal Forming Machine Tools Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. TRUMPF Group
      2. Amada Co., Ltd.
      3. Schuler AG
      4. Mitsubishi Corporation
      5. Komatsu Ltd.
      6. DMG Mori Seiki Co., Ltd.
      7. Yamazaki Mazak Corporation
      8. Okuma Corporation
      9. Makino Inc.
      10. Haas Automation, Inc.
      11. GROB-WERKE GmbH & Co. KG
      12. EMAG GmbH & Co. KG
      13. Fagor Arrasate
      14. LVD Company NV
      15. Salvagnini Italia S.p.A.
  7. Analyst Views
  8. Future Outlook of the Market