Equipment

Indian Machine Tool Manufacturers' Association

Members Login

Forgot Password?

IMTMA Training

IIIC

GIMT 2015

Links


Global Industry data
World Machine Tool Scenario in 2015

Global production of machine tools during 2015 declined by 12.4 percent. Output by principle producing countries was USD 80.1 billion. Among the major machine tool manufacturing countries biggest gainers are Russia with 7.6 percent increase, India with 1.2 percent increase.

Top three machine tool producing countries are China followed by Japan and Germany. Output from top three countries account for about 60 percent of 2015 total world production.

China continues to be largest machine tool consuming country in the world which installed about USD 27.5 billion worth of machine tools. On per capita consumption basis Switzerland, Germany, South Korea, Slovenia and Austria topped the list.

Based on Gardner's world machine tool consumption survey report which comprised of 60 countries India ranks world 13th in production and 10th in consumption during 2015.

1. Production of Machine Tools

Estimated production of Global Machine Tool amounted to USD 80.1 Billion during 2015 a decline of 12.4 percent from revised USD 91.4 Billion during 2014. India's Production now occupies 13th position in the world compared to 14th position during 2014. Top five countries are China (27.6%), Japan (16.8%), Germany (15.5%), Italy (6.6%), & Korea (5.9%). Top 3 countries account for 61 percent of the global output. India accounts for 0.9 percent of global machine tool production during 2015. India’s production has increased by 1.1 percent in USD terms during 2015

2. Consumption of Machine Tools

Estimated consumption of Global Machine Tool amounted to USD 78.9.1 Billion during 2015 a decline of 11.4 percent from revised USD 89.1 Billion during 2014.

    Value in USD Mn
Sl No Country 2014 2015 Growth (%)
1

China

31,800.00

27,500.00

-13.5%

2

United States

8,811.10

7,361.00

-16.5%

3

Germany

7,347.80

6,360.80

-13.4%

4

Japan

5,307.10

5,804.50

9.4%

5

South Korea

4,927.80

3,823.00

-22.4%

6 Italy

2,866.60

3,136.10

9.4%

7 Mexico

2,047.30

2,214.10

8.1%

8 Russia

2,304.30

2,177.00

-5.5%

9

Taiwan

1,815.30

1,564.00

-13.8%

10

India

1,514.10

1,541.00

1.8%

11 Turkey

1,435.50

1,278.00

-11.0%

12

Canada

1,236.10

1,178.30

-4.7%

13 Thailand

1,843.60

1,173.80

-36.3%

14

Switzerland

1,308.50

1,038.00

-20.7%

15

Vietnam

991.1

969.9

-2.1%

16

France

1,062.80

960.3

-9.6%

17

U.K.

1,129.10

950.5

-15.8%

18

Indonesia

1,033.60

802

-22.4%

19

Brazil

990.1

672.3

-32.1%

20

Austria

612

637.2

4.1%

21

Poland

644.7

599.6

-7.0%

22

Spain

578.5

595.2

2.9%

23

Czech Republic

597.1

558.4

-6.5%

24

Malaysia

591.6

475.3

-19.7%

25 Netherlands

453.6

452.9

-0.2%

26 Singapore

427

388.2

-9.1%

27 Saudi Arabia

309.1

330

6.8%

28

Australia

316.1

291.8

-7.7%

29

Algeria

215.6

286.5

32.9%

30

Slovakia

313.5

277.9

-11.4%

31

Romania

273.8

272.7

-0.4%

32

Belgium

277.8

242

-12.9%

33 Argentina

244.6

241.8

-1.1%

34 Hungary

295.5

218.2

-26.2%

35 UAE

234.2

203

-13.3%

36

Portugal

255

195.4

-23.4%

37

South Africa

199.5

176.7

-11.4%

38 Belarus

243.4

172.3

-29.2%

39

Sweden

202.6

167.6

-17.3%

40 Philippines

110

166.8

51.6%

41

Slovenia

159.7

158.1

-1.0%

42

Israel

180.3

152.8

-15.3%

43

Hong Kong

139.4

144

3.3%

44

Finland

130.1

114.3

-12.1%

45

Bulgaria

136.4

102.3

-25.0%

46

Croatia

116.2

101.2

-12.9%

47

Denmark

111.4

92.1

-17.3%

48

Norway

153.3

91.8

-40.1%

49

Colombia

88.9

82

-7.8%

50

Egypt

85

82

-3.5%

51

Ireland

53.5

65.3

22.1%

52 Kazakhstan

80.4

63.8

-20.6%

53 Chile

88.1

56.4

-36.0%

54 Morocco

47.2

47.6

0.8%

55 Greece

56.6

47.3

-16.4%

56 Ukraine

116.6

41.6

-64.3%

57 Venezuela

35.9

35.5

-1.1%

58 Azerbaijan

22.6

23

1.8%

59 Ghana

15.3

14.4

-5.9%

60 Iran

133.2

0

-100.0%

  Total

89,117.10

78,969.60

-11.4%

Source: World Metal Working Consumption report April 2016, Gardner publications Inc

Global Machine Tool Production

    Value in USD Mn
Sl No Country 2014 2015 Change (%)
1

China

24,649.10

22,100.00

-10.3%

2

Japan

14,857.20

13,489.50

-9.2%

3

Germany

14,456.70

12,422.00

-14.1%

4

Italy

5,797.70

5,306.30

-8.5%

5

South Korea

5,675.40

4,758.00

-16.2%

6 United States

5,480.40

4,600.00

-16.1%

7 Taiwan

4,864.20

4,030.00

-17.1%

8 Switzerland

3,681.30

3,052.80

-17.1%

9

Spain

1,177.90

1,003.30

-14.8%

10

Austria

1,049.50

938

-10.6%

11 United Kingdom

956.8

825.3

-13.7%

12

Turkey

762.7

706

-7.4%

13 India

683.4

690.8

1.1%

14

France

763.6

645

-15.5%

15

Czech Republic

754.2

641.6

-14.9%

16

Canada

556.4

530.8

-4.6%

17

Russia

450.6

485

7.6%

18

Thailand

534.7

476

-11.0%

19

Singapore

511.4

448.5

-12.3%

20

Netherlands

468.3

387.4

-17.3%

21

Belgium

373.1

293.1

-21.4%

22

Poland

248.5

235

-5.4%

23

Brazil

293.8

208.3

-29.1%

24

Malaysia

288

178.8

-37.9%

25 Sweden

193.3

159.9

-17.3%

26 Slovakia

189.8

159.2

-16.1%

27 Finland

183.9

155.4

-15.5%

28

Hong Kong

206

150

-27.2%

29

Mexico

145.8

121.9

-16.4%

30

Australia

125.3

110

-12.2%

31

Portugal

130.2

107.7

-17.3%

32

Argentina

94.3

96.7

2.5%

33 Slovenia

79.5

96.1

20.9%

34 Denmark

87.3

81

-7.2%

35 Belarus

75.6

65.8

-13.0%

36

Croatia

78.5

54.7

-30.3%

37

Israel

118.3

50.1

-57.7%

38 Bulgaria

45.7

42.1

-7.9%

39

Greece

45.9

36.9

-19.6%

40 Indonesia

46

35.6

-22.6%

41

Vietnam

38.9

34.9

-10.3%

42

Hungary

36.8

31.2

-15.2%

43

Ukraine

37.1

30.6

-17.5%

44

Romania

40.4

26.3

-34.9%

45

Norway

32.2

25.8

-19.9%

46

Philippines

42.7

21.9

-48.7%

47

South Africa

23.7

17.2

-27.4%

48

Ireland

19.9

16.7

-16.1%

49

Chile

9.3

3.5

-62.4%

50

Colombia

3

3

0.0%

51

Morocco

1.4

1.4

0.0%

52 Saudi Arabia

1.8

1.2

-33.3%

53 Kazakhstan

4.1

1

-75.6%

54 Egypt

0.2

0.2

0.0%

55 Venezuela

0.1

0.1

0.0%

56 Iran

19.9

0

-100.0%

  Total Production

91,491.80

80,189.60

-12.4%

Source: World Metal Working Consumption report April 2016, Gardner publications Inc



Indian Machine Tool Manufacturers’ Association; Head Office : 10th Mile, Tumkur Road, Madavara Post, Bengaluru, Karnataka (India) 562123; Regd. Office : Plant No.13, Extension Office, Godrej Campus, Vikroli East, Mumbai – 400079
CIN : U29290MH1973GAP016420; Tel : 91-80- 66246600; Email : imtma@imtma.in; Contact in case of queries & grievances : V Anbu, CEO & Director General
(Please send all communications to Head Office)

© Copyright IMTMA 2017. All rights reserved.