Asia Pacific Machine Tools Market Size & Outlook

The machine tools market in Asia Pacific is expected to reach a projected revenue of US$ 80,791.7 million by 2030. A compound annual growth rate of 6.7% is expected of Asia Pacific machine tools market from 2025 to 2030.
Revenue, 2024 (US$M)
$54,881.1
Forecast, 2030 (US$M)
$80,791.7
CAGR, 2025 - 2030
6.7%
Report Coverage
Asia Pacific

Asia Pacific machine tools market highlights

  • The Asia Pacific machine tools market generated a revenue of USD 48,388.3 million in 2022.
  • The market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
  • In terms of segment, metal cutting was the largest revenue generating type in 2022.
  • Metal Cutting is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2023 to 2030.


Asia Pacific data book summary

Market revenue in 2022USD 48,388.3 million
Market revenue in 2030USD 80,791.7 million
Growth rate6.6% (CAGR from 2022 to 2030)
Largest segmentMetal cutting
Fastest growing segmentMetal Cutting
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMetal Cutting, Metal Forming
Key market players worldwideAMADA Co Ltd, Dmg Mori Co Ltd, Georg Fischer AG, Hyundai Motor Co, Komatsu Ltd, JTEKT Corp, Okuma Corp, Hurco Companies Inc, Datron AG, DN Solutions, Makino Milling Machine Co Ltd, General Technology Group Dalian Machine Tool Co., Amera-Seiki, Haas Automation


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 55.0% of the global machine tools market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 80,791.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Machine Tools Market Companies

Name Profile # Employees HQ Website

Asia Pacific machine tools market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to machine tools market will help companies and investors design strategic landscapes.


Metal cutting was the largest segment with a revenue share of 78.53% in 2024. Horizon Databook has segmented the Asia Pacific machine tools market based on metal cutting, metal forming covering the revenue growth of each sub-segment from 2018 to 2030.


According to the World Bank, Asia Pacific is the fastest-growing region in terms of both population and economic growth. Rapid urbanization, increased investments by governments, and rising consumer spending have boosted the Asian economy, thereby propelling infrastructure development in the construction industry.

Emerging economies such as China, India, and Japan are the key countries driving the development of the oil & gas, automotive, aviation, and building & construction industries in this region. The competition among Chinese capital markets and a few other Asian economies is generating lucrative growth.

Opportunities for the industries, which has, in turn, created a favorable environment for investments in the machine tools market. According to International Organization of Motor Vehicle Manufacturers, Asia Pacific is the largest transportation market in the world.

Reasons to subscribe to Asia Pacific machine tools market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific machine tools market databook

  • Our clientele includes a mix of machine tools market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific machine tools market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific machine tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Asia Pacific machine tools market size, by country, 2018-2030 (US$M)

Asia Pacific Machine Tools Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific machine tools market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more