Industry Statistics and Trends
Metal-Forming Machinery & Machine Tool Manufacturing in Europe key trends
Manufacturers benefit from rising car production.
As a vital downstream industry, growth in the automobile sector directly leads to strong sheet metal forming machinery sales.
A surge in global defence spending boosts machinery sales.
Conflicts arising globally and swelling geopolitical tensions have boosted spending on defence, with metal forming and machine tool manufacturers benefitting as a result.
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Metal-Forming Machinery & Machine Tool Manufacturing in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Metal-Forming Machinery & Machine Tool Manufacturing in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 6.5 % over the past five years, to reach an estimated €43.1bn in 2024.
Trends and Insights
EU car production soared in 2023
- According to the ACEA, car production in the EU in 2023 grew by over 11% to reach 12.1 million units. Germany was by far the largest producer in 2023, reporting a substantial 18.7% boost in output, while Spain, Czechia, Slovakia, France and Italy contributed around 50% of the rest, according to S&P Global Mobility.
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Metal-Forming Machinery & Machine Tool Manufacturing in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Foreign competition is set to intensify
- Pressure from Chinese, Japanese and South Korean manufacturers will swell over the coming years as tight budgets in Europe make low-cost (and extremely high quality) imports more attractive.
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Revenue
€43.1bn
Employees
258k
Wages
€XX.Xbn
European Leaders & Laggards
Top 5 Countries
- Bulgaria +9.3%
- Russia +8.1%
- Poland +7.5%
- France +6.7%
- Luxembourg +5.3%
Bottom 5 Countries
- Latvia -7.7%
- Bosnia & Herzegovina -7.5%
- Hungary -5.5%
- Croatia -4.6%
- Norway -3.7%
* CAGR values are for the years 2019-2024.
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Biggest companies in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Trumpf GmbH & Co KG | 5,409.2 | 584.2 | 10.8 | |
ESAB Corporation | 2,301.2 | 178.3 | 7.7 | |
DMG Mori Aktiengesellschaft | 2,480.0 | 225.8 | 9.1 |
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Metal-Forming Machinery & Machine Tool Manufacturing in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe in 2024?
The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe is €43.1bn in 2024.
How many businesses are there in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry in 2024?
There are 9,716 businesses in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe, which has grown at a CAGR of 1.3 % between 2019 and 2024.
Has the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe has been declining at a CAGR of 1.3 % between 2019 and 2024.
What is the forecast growth of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe is expected to decline.
What are the biggest companies in the Metal-Forming Machinery & Machine Tool Manufacturing market in Europe?
The biggest companies operating in the Metal-Forming Machinery & Machine Tool Manufacturing market in Europe are Trumpf GmbH & Co KG, ESAB Corporation and DMG Mori Aktiengesellschaft
What does the Metal-Forming Machinery & Machine Tool Manufacturing in Europe include?
Metal cutting machine tools and Forming machine tools are part of the Metal-Forming Machinery & Machine Tool Manufacturing industry.
Which companies have the highest market share in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe?
The company holding the most market share in Europe is Trumpf GmbH & Co KG.
Which countries have the most businesses in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe?
The European country with the most businesses in the Metal-Forming Machinery & Machine Tool Manufacturing industry is Italy.
How competitive is the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe?
The level of competition is high and increasing in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Europe.
Related Industries
This industry is covered in 37 countries
- Metal-Forming Machinery & Machine Tool Manufacturing in Greece
- Metal-Forming Machinery & Machine Tool Manufacturing in Romania
- Metal-Forming Machinery & Machine Tool Manufacturing in Norway
- Metal-Forming Machinery & Machine Tool Manufacturing in the UK
- Metal-Forming Machinery & Machine Tool Manufacturing in Sweden
- Metal-Forming Machinery & Machine Tool Manufacturing in Estonia
- Metal-Forming Machinery & Machine Tool Manufacturing in Slovenia
- Metal-Forming Machinery & Machine Tool Manufacturing in Europe
- Metal-Forming Machinery & Machine Tool Manufacturing in Austria
- Metal-Forming Machinery & Machine Tool Manufacturing in France
- Metal-Forming Machinery & Machine Tool Manufacturing in Lithuania
- Metal-Forming Machinery & Machine Tool Manufacturing in the Netherlands
- Metal-Forming Machinery & Machine Tool Manufacturing in Belgium
- Metal-Forming Machinery & Machine Tool Manufacturing in Finland
- Metal-Forming Machinery & Machine Tool Manufacturing in Croatia
- Metal-Forming Machinery & Machine Tool Manufacturing in Bulgaria
- Metal-Forming Machinery & Machine Tool Manufacturing in Luxembourg
- Metal-Forming Machinery & Machine Tool Manufacturing in Russia
- Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia
- Metal-Forming Machinery & Machine Tool Manufacturing in Italy
- Metal-Forming Machinery & Machine Tool Manufacturing in Denmark
- Metal-Forming Machinery & Machine Tool Manufacturing in Poland
- Metal-Forming Machinery & Machine Tool Manufacturing in Ireland
- Metal-Forming Machinery & Machine Tool Manufacturing in Latvia
- Metal-Forming Machinery & Machine Tool Manufacturing in Spain
- Metal-Forming Machinery & Machine Tool Manufacturing in Portugal
- Metal-Forming Machinery & Machine Tool Manufacturing in Serbia
- Metal-Forming Machinery & Machine Tool Manufacturing in Hungary
- Metal-Forming Machinery & Machine Tool Manufacturing in Czechia
- Metal-Forming Machinery & Machine Tool Manufacturing in Turkey
- Metal-Forming Machinery & Machine Tool Manufacturing in Malta
- Metal-Forming Machinery & Machine Tool Manufacturing in Bosnia & Herzegovina
Table of Contents
About this industry
Industry definition
This industry includes the manufacture of machine tools for drilling, turning, milling, bending and pressing. The industry also includes the manufacture of machine tools that use laser beams, ultrasonic waves, plasma arcs and magnetic pulses to process all materials.
Related Terms
COMPUTER NUMERIC CONTROLLATHES 3D PRINTINGWhat's included in this industry?
Metal cutting machine toolsForming machine toolsParts and accessories for machine toolsCompanies
Trumpf GmbH & Co KGESAB CorporationDMG Mori AktiengesellschaftIndustry Code
2822 - Manufacture of metal-forming machinery and machine tools in Europe
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Performance
Key Takeaways
EU car production soared in 2023
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry (2011 -2029)
- Employees in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry (2011 -2029)
- Business in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry (2011 -2029)
- Profit in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry?
Outlook
Analysis
What's driving the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
High-precision machinery is in vogue. Key downstream industries like automobile and aircraft producers are seeking partnerships with manufacturers of high-precision, semi-autonomous machinery to boost the productivity of their factories.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry's products and services performing?
Analysis
What are innovations in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Concentration in the industry is moderate. While a few companies hold a significant share of the industry, there’s a large number of SMEs specialising in niche products or serving regional markets.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Trumpf GmbH & Co KG
- Countries of operation for ESAB Corporation
- Countries of operation for DMG Mori Aktiengesellschaft
- Countries of operation for Fives Group SAS
- Countries of operation for Andritz AG
- Countries of operation for Liebherr-International AG
- Countries of operation for Yamazaki Mazak UK Ltd
- Countries of operation for Murata Machinery Ltd
- Countries of operation for Fagor Arrasate S.Coop
- Countries of operation for JTEKT Corporation
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Product safety is a paramount concern. The main regulation affecting manufacturers is how safe their machinery is to operate, although this is decreasing in importance as more and more machines are remotely operated via computers.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Key input prices can fluctuate heavily. Manufacturers of machinery require regular shipments of raw materials like steel, aluminium and other metals, whose costs can rise and fall regularly, adding volatility to profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Metal-Forming Machinery & Machine Tool Manufacturing in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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