Mar 2, 2017

Multi-tasking machine tools integrate the functions of both turning and machining. This eliminates the need for multiple machines to perform these functions. The typical structure of such machine includes 5 axes: three standard axes X, Y, and Z, the turning spindle of rotary C axis and another rotary axis B, around the Y axis.

Technavio’s analysts forecast the global multi-tasking machine tools market to grow at a CAGR of 2.82% during the period 2017–2021. 

Covered in this report 

The report covers the present scenario and the growth prospects of the global multi-tasking machine tools market for 2017–2021. To calculate the market size, the report considers the revenue generated from the sales of multi-tasking machine tools. 

The market is divided into the following segments based on geography: 

- Americas 

Technavio’s report, Global Multi-tasking Machine Tools Market 2017–2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 

- Doosan Machine Tools 
- Mazak 
- Nakamura-Tome Precision Industry 
- Okuma 
- Tsugami 

Other prominent vendors 

- Accuway Machinery 
- Breton 
- Brother 
- DMG Mori 
- Hwacheon Machine Tools 
- Hyundai WIA 
- Takisawa Machine Tool Company 
- Tongtai Machine & Tool Company 
- Toyoda 
- Trevisan Machine Tool 

Market driver 
- Ability to perform multiple operations on single machines 

Market challenge 
- Challenges faced by European machine tools manufacturers 

Market trend 
- Introduction of hybrid multi-tasking machine tools 


Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes the Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by government agencies.

All the details are provided within the report. Download the full report here:


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