US Machine Tools Market Outlook 2026-2032: Trends, Forecasts & Opportunities | The Report Cube

US Machine Tools Market Statistics:

Market Size in 2025: USD 12.67 billion

Market Size in 2032: USD 15.21 billion

Market Growth Rate 2025-2032: 2.64%

According to The Report Cube latest research study, The US Machine Tools Market is anticipated to register a CAGR of around 2.64% during the forecast period, 2026-32. Also, the market size is valued at nearly USD 12.67 billion in 2025 and is foreseen to witness nearly USD 15.21 billion during 2032.

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US Machine Tools Market Drivers:

• Driver: Expansion in Aerospace & Automotive Manufacturing to Drive the Industry Growth

The surge in demand for machine tools from the automotive & aerospace sectors is one of the primary factors driving the US Machine Tools Market. These industries require metalworking equipment that is particularly accurate & long-lasting to produce complex items. Also, as they assure constant quality & speedier output, CNC machine tools have become more & more vital as EVs, autonomous vehicles, and aircraft with enhanced fuel efficacy have become more common. Moreover, Boeing & General Motors, for example, have expanded their purchases of precision tools to expedite processes & shorten turnaround times.

According to the report, prominent players operating in the market include:

·       DMG Mori USA Inc.

·       Haas Automation Inc.

·       Hardinge Inc.

·       MAG IAS LLC

·       JTEKT Toyoda Americas Corporation

·       Okuma America Corporation

·       Makino Inc.

·       Doosan Machine Tools America

·       GF Machining Solutions LLC

·       Others

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Key Market Segmentation

• Market Share, By Tool Type
• Metal Cutting
• Metal Forming
• Accessories
• Market Share, By Technology
• Conventional
• CNC (Computerized Numerical Control)
• Market Share, By End Use
• Automotive
• Aerospace and Defense
• Electrical and Electronics
• Consumer Goods
• Precision Engineering
• Others
• Market Share, By Competitors
• Competition Characteristics
• Revenue Shares

 Recent News and Developments in US Machine Tools Market

• DMG Mori USA Inc. unveiled its next-generation LASERTEC 4000 3D hybrid additive-subtractive machine, intended to cater to intricate aerospace component production with assimilated software for predictive maintenance.
• Haas Automation Inc. launched its EC-1600ZT CNC Horizontal Machining Center, which features enhanced spindle power & smart manufacturing analytics incorporation, focused on heavy metalworking industries.

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