Market Forecast By End-user (Automotive, Transportation, Industrial Machinery, Construction, Precision Engineering, Others) And Competitive Landscape
Product Code: ETC426800 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Metal Forming Machine Tools Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at -17.26% in 2025, growth softens to -47.39% in 2029.
The metal forming machine tools market in India is closely linked to the manufacturing sector`s growth. Machine tools like presses, shears, and bending machines are essential for metal shaping and fabrication. With the `Make in India` initiative and a focus on manufacturing excellence, the market for metal-forming machine tools has shown considerable expansion. Advanced technologies, such as CNC (Computer Numerical Control) machines, have been adopted to enhance precision and productivity.
The metal forming machine tools market in India is primarily driven by the country`s expanding manufacturing sector. The need for precision machining, automation, and advanced manufacturing technologies is boosting the demand for machine tools. The government`s "Make in India" initiative also supports the growth of this market.
The metal forming machine tools industry in India faces several challenges, including the need for technology upgrades, skilled labor shortages, and fierce global competition. Modernizing the machinery to meet evolving industry demands requires significant investment. The shortage of skilled operators and technicians is another major hurdle. Additionally, competition from international manufacturers necessitates constant innovation and cost-efficiency to remain competitive.
The metal forming machine tools market in India experienced challenges as industrial activities slowed down. Businesses adapted by offering advanced and efficient machine tools, emphasizing digital automation solutions, and expanding their online presence to reach a broader customer base.
The India metal forming machine tools market is served by leading companies like BFW (Bharat Fritz Werner), Ace Micromatic, Jyoti CNC Automation, and HMT Machine Tools. These companies specialize in the production of cutting-edge metal forming machine tools, essential for the manufacturing and machining processes across various industries, bolstering India position as a manufacturing hub.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Metal Forming Machine Tools Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Metal Forming Machine Tools Market Revenues & Volume, 2021 & 2031F |
3.3 India Metal Forming Machine Tools Market - Industry Life Cycle |
3.4 India Metal Forming Machine Tools Market - Porter's Five Forces |
3.5 India Metal Forming Machine Tools Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 India Metal Forming Machine Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Metal Forming Machine Tools Market Trends |
6 India Metal Forming Machine Tools Market, By Types |
6.1 India Metal Forming Machine Tools Market, By End-user |
6.1.1 Overview and Analysis |
6.1.2 India Metal Forming Machine Tools Market Revenues & Volume, By End-user, 2021-2031F |
6.1.3 India Metal Forming Machine Tools Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.4 India Metal Forming Machine Tools Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.5 India Metal Forming Machine Tools Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.1.6 India Metal Forming Machine Tools Market Revenues & Volume, By Construction, 2021-2031F |
6.1.7 India Metal Forming Machine Tools Market Revenues & Volume, By Precision Engineering, 2021-2031F |
6.1.8 India Metal Forming Machine Tools Market Revenues & Volume, By Others, 2021-2031F |
7 India Metal Forming Machine Tools Market Import-Export Trade Statistics |
7.1 India Metal Forming Machine Tools Market Export to Major Countries |
7.2 India Metal Forming Machine Tools Market Imports from Major Countries |
8 India Metal Forming Machine Tools Market Key Performance Indicators |
9 India Metal Forming Machine Tools Market - Opportunity Assessment |
9.1 India Metal Forming Machine Tools Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 India Metal Forming Machine Tools Market - Competitive Landscape |
10.1 India Metal Forming Machine Tools Market Revenue Share, By Companies, 2024 |
10.2 India Metal Forming Machine Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |