Special purpose machines are designed and manufactured as per customer requirements and need. These machines are not included in the standard manufacturing agenda, and hence are not available on a ready basis. Most of the special purpose machines are focused on automated trimming or inspection, and assembling operations. Companies design and manufacture special purpose machines for textile industries, machine tools, diamond industries, value addition machines, and related machines for other fields.
This report contains market size and forecasts of Special Purpose Machines in global, including the following market information:
Global Special Purpose Machines Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Special Purpose Machines Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Special Purpose Machines companies in 2021 (%)
The global Special Purpose Machines market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Conventional Machines Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Special Purpose Machines include HMT Machine Tools Limited, Batliboi Limited, Invensys Engineers, EMAG, FIVES, Global CNC Automation, HANN KUEN MACHINERY & HARDWARE, Mazak Corporation and Premier Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Special Purpose Machines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Special Purpose Machines Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Special Purpose Machines Market Segment Percentages, by Type, 2021 (%)
Conventional Machines
Computer Numerical Control (CNC) Machines
Global Special Purpose Machines Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Special Purpose Machines Market Segment Percentages, by Application, 2021 (%)
Automotive
Aerospace & Defense
Machine Tools & Parts Manufacturing
Electrical & Electronics Manufacturing
Shipbuilding
Consumer Goods
Others
Global Special Purpose Machines Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Special Purpose Machines Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Special Purpose Machines revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Special Purpose Machines revenues share in global market, 2021 (%)
Key companies Special Purpose Machines sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Special Purpose Machines sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
HMT Machine Tools Limited
Batliboi Limited
Invensys Engineers
EMAG
FIVES
Global CNC Automation
HANN KUEN MACHINERY & HARDWARE
Mazak Corporation
Premier Ltd.
Renders India
Loiretech
Shenoy Engineering