Leading countries in machine tool production - market share 2018

Machine tool producers' market share in 2018, by country

by I. Wagner, last edited Sep 10, 2019
Leading countries in machine tool production - market share 2018 This statistic represents the market share of leading countries in machine tool production in 2018. That year, Germany accounted for some 17 percent of the world's machine tool production and was ranked second.
Machine tool production by country

In 2018, China topped the ranking of the largest machine tool producing countries worldwide. With machine tool production to the value of about 16.4 billion euros, China's market share dropped to 22 percent. China, Germany and Japan were the three leading machine tool manufacturers globally, while the United States (5.3 billion euros) and Italy (about 6.1 billion euros) accounted for seven and eight percent of global machine tool production respectively.

The world’s biggest machine tool manufacturing companies include China’s Shenyang, Germany’s Trumpf, Germany-based DMG Mori Seiki and South Korea’s Hyundai. Overall, Asian countries accounted for over 50 percent of global machine tool production. The leading Asian machine tool producing countries include China, Japan, South Korea, Taiwan and India.
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Machine tool producers' market share in 2018, by country

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