Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#26 In EuropeBusiness
#27 In EuropeEmployees
#28 In EuropeWages
#26 In EuropeThe Metal-Forming Machinery & Machine Tool Manufacturing in Norway ranks 26 in Europe with regards to its 2024 revenue (€81.5m). Revenue received by operators in Norway has been low in volatility over the past five-year period, with the average annual change in revenue (10.0 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
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 Norway in 2024?
The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway is €81.5m in 2024.
How many businesses are there in the Metal-Forming Machinery & Machine Tool Manufacturing in Norway industry in 2024?
There are 45 businesses in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway, which has declined at a CAGR of 2.9 % between 2019 and 2024.
Has the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway grown or declined over the past 5 years?
The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway has been declining at a CAGR of 2.9 % between 2019 and 2024.
What is the forecast growth of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway over the next 5 years?
Over the next five years, the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway is expected to decline.
What are the biggest companies in the Metal-Forming Machinery & Machine Tool Manufacturing market in Norway?
The biggest companies operating in the Metal-Forming Machinery & Machine Tool Manufacturing market in Norway are Trumpf GmbH & Co KG, ESAB Corporation and DMG Mori Aktiengesellschaft
What does the Metal-Forming Machinery & Machine Tool Manufacturing in Norway 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 Norway?
The company holding the most market share in Norway is Trumpf GmbH & Co KG.
How competitive is the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway?
The level of competition is moderate and decreasing in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Metal Casting in Norway
- Iron & Steel Casting in Norway
Complementors
- Construction Materials, Equipment & Supplies Wholesaling in Norway
International industries
- 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
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.
What's included in this industry?
Metal cutting machine toolsForming machine toolsParts and accessories for machine toolsIndustry Code
2822 - Manufacture of metal-forming machinery and machine tools in Norway
Performance
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
Current Performance
Charts
- Revenue in the Metal-Forming Machinery & Machine Tool Manufacturing in Norway
- Employees in the Metal-Forming Machinery & Machine Tool Manufacturing in Norway
- Business in the Metal-Forming Machinery & Machine Tool Manufacturing in Norway
- Profit in the Metal-Forming Machinery & Machine Tool Manufacturing in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
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 Norway 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 Norway 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?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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