Aircraft Machine Tools Market is Forecasted to Reach US$ 4.9 Billion in 2032, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global aircraft machine tools market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: US$ 3.4 billion

Market Size in 2032: US$ 4.9 billion

Growth (CAGR): 3.7% during 2025-2032

Leading Machine Type: Milling Machine

Leading Axis Type: 5-Axis Machines

Leading End-User Type: Tier-I Companies

Leading Aircraft Type: Civil Aircraft

Leading Region: North America

Forecast Period: 2025-2032

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Aircraft Machine Tools Market:

The global aircraft machine tools market is segmented based on machine type, axis type, end-user type, aircraft type, and region.

Based on machine type – The market is segmented into milling machines, turning machines, and other machines. Milling machines are projected to hold the largest share of the market throughout the forecast period. Their versatility, ability to handle different cutting tools, and capacity for producing high-precision parts in large volumes make them indispensable for aerospace applications. These machines are especially valued for their role in producing uniform, complex components with tight tolerances required in the industry.

Based on axis type - The market is segmented into 5-axis machines, 3/4 axis machines, and other axis types. When categorized by axis configuration, 5-axis machines are anticipated to lead the market and also register the highest growth rate over the next five years. Their ability to handle complex geometries and curved surfaces makes them ideal for manufacturing aerospace parts like wing ribs, fuselage frames, and bulkheads. Additionally, they reduce the need for multiple setups, improving production efficiency and precision, and often allow a part to be completed in just one or two runs.

Based on end-user type – The market is segmented into OEMs, tier-I companies, and other end-users. Among the key buyers of machine tools, Tier-I suppliers are expected to dominate the market and witness the fastest growth over the next seven years. These companies manufacture critical engine, structure, and landing gear components and rely heavily on advanced machine tools to meet the high standards of quality, performance, and safety demanded by aerospace customers. Their consistent investment in precision tooling drives ongoing demand in this segment.

Based on aircraft type - The market is segmented into civil aircraft and military aircraft. By aircraft type, civil aircraft are projected to remain the largest market for machine tools. Although this segment experienced a significant setback in 2020, it has shown a steady recovery. The reintroduction of the Boeing 737 MAX, the launch of new programs like the C919, B777X, and MC-21, along with increased production of A320 and B737 models, are expected to significantly boost demand for machine tools in this segment.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is projected to retain its leading position in the market over the next few years. This growth outlook is majorly attributed to the following–

·      Presence of a large number of aircraft OEMs, tier players, machine tool manufacturers, and raw material suppliers.

·      The USA is likely to remain the leading market, both in North America and globally, during the forecast period.

Concurrently, Asia-Pacific region is expected to grow at the fastest pace during 2025-2032, led by countries like China, Japan, and India, all of which are ramping up both commercial and defense aircraft manufacturing capabilities.

Aircraft Machine Tools Market Drivers:

Some of the key drivers listed in the report are given below.

·      Increase in the overall production of aircraft

·      The concurrent high demand for precision machining and shaping tools for aircraft parts

Top Companies in the Aircraft Machine Tools Market:

The aircraft machine tools market is populated by several regional and global players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

• YAMAZAKI MAZAK CORPORATION
• DMG MORI CO., LTD.
• Makino Milling Machine Co., Ltd.
• DN Solutions
• Fives Group
• GF Machining Solutions
• Okuma Corporation
• Starrag Group
• JTEKT Corporation
• Gebr. Heller Maschinenfabrik GmbH

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

About us –

Stratview Research is a global market research firm that highly specializes in aircraft & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

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