In 2021, the world production value of machine tools amounted to 83.9 billion U.S. dollars, representing a 24 percent increase compared to the previous year when the coronavirus pandemic caused a negative demand shock across the globe. The same year, the largest machine tool producers worldwide were Trumpf, Amada, Shenyang, and DMTG.
Global production value of machine tools from 2011 to 2021
(in billion U.S. dollars)
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Production value in billion U.S. dollars
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VDW. (June 8, 2022). Global production value of machine tools from 2011 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/264211/world-production-of-machine-tools/
VDW. "Global production value of machine tools from 2011 to 2021 (in billion U.S. dollars)." Chart. June 8, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/264211/world-production-of-machine-tools/
VDW. (2022). Global production value of machine tools from 2011 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/264211/world-production-of-machine-tools/
VDW. "Global Production Value of Machine Tools from 2011 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/264211/world-production-of-machine-tools/
VDW, Global production value of machine tools from 2011 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/264211/world-production-of-machine-tools/ (last visited August 25, 2024)
Global production value of machine tools from 2011 to 2021 (in billion U.S. dollars) [Graph], VDW, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/264211/world-production-of-machine-tools/