

The global Multitasking Turning Center market size is expected to reach $ 955.4 million by 2030, rising at a market growth of 4.5% CAGR during the forecast period (2024-2030).
The market for multitasking turning centers is experiencing notable growth driven by the evolving needs of manufacturers seeking versatile and efficient machining solutions. Multitasking turning centers, also known as multitasking machines or mill-turn centers, offer the ability to perform multiple operations such as turning, milling, drilling, and more in a single setup, thereby improving efficiency and reducing cycle times. The market is fueled by the demand for streamlined production processes, reduced lead times, and increased flexibility in manufacturing complex components across industries such as aerospace, automotive, and medical.
Development drivers for the multitasking turning center market include advancements in machine tool technology, integration of smart manufacturing solutions, and the trend towards Industry 4.0. The ability of these machines to perform multiple operations in a single setup enhances productivity and reduces the need for multiple machines, contributing to cost savings. The aerospace and medical industries, in particular, benefit from the multitasking capabilities as they often require intricate and precision machining of complex components.
Constraints in the market may include the initial investment cost associated with acquiring multitasking turning centers, which can be perceived as a challenge for some small and medium-sized enterprises (SMEs). Additionally, the complexity of programming and operating these advanced machines may require skilled labor, contributing to a potential skills gap in the industry. Economic uncertainties and cyclical downturns in specific manufacturing sectors can impact the decision-making process for investments in advanced machining technology.
Looking ahead, future development trends in the multitasking turning center market are likely to focus on enhanced automation, integration with digital technologies, and the utilization of artificial intelligence (AI) for predictive maintenance and optimization of machining processes. Continued advancements in cutting tool technologies and materials are expected to further improve the capabilities of multitasking turning centers. As the industry moves towards more sustainable manufacturing practices, the development of energy-efficient and environmentally friendly features in these machines may also become a notable trend. Overall, the future of multitasking turning centers appears promising, with ongoing innovations contributing to their role as key components in modern and efficient manufacturing processes.
This report studies the global Multitasking Turning Center production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Multitasking Turning Center, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Multitasking Turning Center that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Multitasking Turning Center total production and demand, 2019-2030, (K Units)
Global Multitasking Turning Center total production value, 2019-2030, (USD Million)
Global Multitasking Turning Center production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Multitasking Turning Center consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: Multitasking Turning Center domestic production, consumption, key domestic manufacturers and share
Global Multitasking Turning Center production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global Multitasking Turning Center production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Multitasking Turning Center production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).
This reports profiles key players in the global Multitasking Turning Center market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nakamura-Tome, Okuma, Mazak, Kent CNC, IBARMIA INNOVATEK, BIMATEC SORALUCE, Hyundai WIA, Victor Taichung Machinery Works and Giuseppe Giana, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Multitasking Turning Center market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Multitasking Turning Center Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Multitasking Turning Center Market, Segmentation by Type
Vertical Machining Center
Horizontal Machining Center
Global Multitasking Turning Center Market, Segmentation by Application
Aerospace
Automotive
Energy
Marine
Rail Transportation
Others
Companies Profiled:
Nakamura-Tome
Okuma
Mazak
Kent CNC
IBARMIA INNOVATEK
BIMATEC SORALUCE
Hyundai WIA
Victor Taichung Machinery Works
Giuseppe Giana
Johnford
Tongtai
Rossi Macchine Utensili
Hardinge
Tsugami
MYLAS
Friulforgia
DMG Mori
Haas Automation
Key Questions Answered
1. How big is the global Multitasking Turning Center market?
2. What is the demand of the global Multitasking Turning Center market?
3. What is the year over year growth of the global Multitasking Turning Center market?
4. What is the production and production value of the global Multitasking Turning Center market?
5. Who are the key producers in the global Multitasking Turning Center market?
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Supply Summary
1.1 Multitasking Turning Center Introduction
1.2 World Multitasking Turning Center Supply & Forecast
1.2.1 World Multitasking Turning Center Production Value (2019 & 2023 & 2030)
1.2.2 World Multitasking Turning Center Production (2019-2030)
1.2.3 World Multitasking Turning Center Pricing Trends (2019-2030)
1.3 World Multitasking Turning Center Production by Region (Based on Production Site)
1.3.1 World Multitasking Turning Center Production Value by Region (2019-2030)
1.3.2 World Multitasking Turning Center Production by Region (2019-2030)
1.3.3 World Multitasking Turning Center Average Price by Region (2019-2030)
1.3.4 North America Multitasking Turning Center Production (2019-2030)
1.3.5 Europe Multitasking Turning Center Production (2019-2030)
1.3.6 China Multitasking Turning Center Production (2019-2030)
1.3.7 Japan Multitasking Turning Center Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Multitasking Turning Center Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Multitasking Turning Center Major Market Trends
2 Demand Summary
2.1 World Multitasking Turning Center Demand (2019-2030)
2.2 World Multitasking Turning Center Consumption by Region
2.2.1 World Multitasking Turning Center Consumption by Region (2019-2024)
2.2.2 World Multitasking Turning Center Consumption Forecast by Region (2025-2030)
2.3 United States Multitasking Turning Center Consumption (2019-2030)
2.4 China Multitasking Turning Center Consumption (2019-2030)
2.5 Europe Multitasking Turning Center Consumption (2019-2030)
2.6 Japan Multitasking Turning Center Consumption (2019-2030)
2.7 South Korea Multitasking Turning Center Consumption (2019-2030)
2.8 ASEAN Multitasking Turning Center Consumption (2019-2030)
2.9 India Multitasking Turning Center Consumption (2019-2030)
3 World Multitasking Turning Center Manufacturers Competitive Analysis
3.1 World Multitasking Turning Center Production Value by Manufacturer (2019-2024)
3.2 World Multitasking Turning Center Production by Manufacturer (2019-2024)
3.3 World Multitasking Turning Center Average Price by Manufacturer (2019-2024)
3.4 Multitasking Turning Center Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Multitasking Turning Center Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Multitasking Turning Center in 2023
3.5.3 Global Concentration Ratios (CR8) for Multitasking Turning Center in 2023
3.6 Multitasking Turning Center Market: Overall Company Footprint Analysis
3.6.1 Multitasking Turning Center Market: Region Footprint
3.6.2 Multitasking Turning Center Market: Company Product Type Footprint
3.6.3 Multitasking Turning Center Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: Multitasking Turning Center Production Value Comparison
4.1.1 United States VS China: Multitasking Turning Center Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Multitasking Turning Center Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Multitasking Turning Center Production Comparison
4.2.1 United States VS China: Multitasking Turning Center Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Multitasking Turning Center Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Multitasking Turning Center Consumption Comparison
4.3.1 United States VS China: Multitasking Turning Center Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Multitasking Turning Center Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Multitasking Turning Center Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Multitasking Turning Center Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Multitasking Turning Center Production Value (2019-2024)
4.4.3 United States Based Manufacturers Multitasking Turning Center Production (2019-2024)
4.5 China Based Multitasking Turning Center Manufacturers and Market Share
4.5.1 China Based Multitasking Turning Center Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Multitasking Turning Center Production Value (2019-2024)
4.5.3 China Based Manufacturers Multitasking Turning Center Production (2019-2024)
4.6 Rest of World Based Multitasking Turning Center Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Multitasking Turning Center Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Multitasking Turning Center Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Multitasking Turning Center Production (2019-2024)
5 Market Analysis by Type
5.1 World Multitasking Turning Center Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Vertical Machining Center
5.2.2 Horizontal Machining Center
5.3 Market Segment by Type
5.3.1 World Multitasking Turning Center Production by Type (2019-2030)
5.3.2 World Multitasking Turning Center Production Value by Type (2019-2030)
5.3.3 World Multitasking Turning Center Average Price by Type (2019-2030)
6 Market Analysis by Application
6.1 World Multitasking Turning Center Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Energy
6.2.4 Marine
6.2.5 Rail Transportation
6.2.6 Others
6.3 Market Segment by Application
6.3.1 World Multitasking Turning Center Production by Application (2019-2030)
6.3.2 World Multitasking Turning Center Production Value by Application (2019-2030)
6.3.3 World Multitasking Turning Center Average Price by Application (2019-2030)
7 Company Profiles
7.1 Nakamura-Tome
7.1.1 Nakamura-Tome Details
7.1.2 Nakamura-Tome Major Business
7.1.3 Nakamura-Tome Multitasking Turning Center Product and Services
7.1.4 Nakamura-Tome Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Nakamura-Tome Recent Developments/Updates
7.1.6 Nakamura-Tome Competitive Strengths & Weaknesses
7.2 Okuma
7.2.1 Okuma Details
7.2.2 Okuma Major Business
7.2.3 Okuma Multitasking Turning Center Product and Services
7.2.4 Okuma Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Okuma Recent Developments/Updates
7.2.6 Okuma Competitive Strengths & Weaknesses
7.3 Mazak
7.3.1 Mazak Details
7.3.2 Mazak Major Business
7.3.3 Mazak Multitasking Turning Center Product and Services
7.3.4 Mazak Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Mazak Recent Developments/Updates
7.3.6 Mazak Competitive Strengths & Weaknesses
7.4 Kent CNC
7.4.1 Kent CNC Details
7.4.2 Kent CNC Major Business
7.4.3 Kent CNC Multitasking Turning Center Product and Services
7.4.4 Kent CNC Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Kent CNC Recent Developments/Updates
7.4.6 Kent CNC Competitive Strengths & Weaknesses
7.5 IBARMIA INNOVATEK
7.5.1 IBARMIA INNOVATEK Details
7.5.2 IBARMIA INNOVATEK Major Business
7.5.3 IBARMIA INNOVATEK Multitasking Turning Center Product and Services
7.5.4 IBARMIA INNOVATEK Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 IBARMIA INNOVATEK Recent Developments/Updates
7.5.6 IBARMIA INNOVATEK Competitive Strengths & Weaknesses
7.6 BIMATEC SORALUCE
7.6.1 BIMATEC SORALUCE Details
7.6.2 BIMATEC SORALUCE Major Business
7.6.3 BIMATEC SORALUCE Multitasking Turning Center Product and Services
7.6.4 BIMATEC SORALUCE Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 BIMATEC SORALUCE Recent Developments/Updates
7.6.6 BIMATEC SORALUCE Competitive Strengths & Weaknesses
7.7 Hyundai WIA
7.7.1 Hyundai WIA Details
7.7.2 Hyundai WIA Major Business
7.7.3 Hyundai WIA Multitasking Turning Center Product and Services
7.7.4 Hyundai WIA Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Hyundai WIA Recent Developments/Updates
7.7.6 Hyundai WIA Competitive Strengths & Weaknesses
7.8 Victor Taichung Machinery Works
7.8.1 Victor Taichung Machinery Works Details
7.8.2 Victor Taichung Machinery Works Major Business
7.8.3 Victor Taichung Machinery Works Multitasking Turning Center Product and Services
7.8.4 Victor Taichung Machinery Works Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 Victor Taichung Machinery Works Recent Developments/Updates
7.8.6 Victor Taichung Machinery Works Competitive Strengths & Weaknesses
7.9 Giuseppe Giana
7.9.1 Giuseppe Giana Details
7.9.2 Giuseppe Giana Major Business
7.9.3 Giuseppe Giana Multitasking Turning Center Product and Services
7.9.4 Giuseppe Giana Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Giuseppe Giana Recent Developments/Updates
7.9.6 Giuseppe Giana Competitive Strengths & Weaknesses
7.10 Johnford
7.10.1 Johnford Details
7.10.2 Johnford Major Business
7.10.3 Johnford Multitasking Turning Center Product and Services
7.10.4 Johnford Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Johnford Recent Developments/Updates
7.10.6 Johnford Competitive Strengths & Weaknesses
7.11 Tongtai
7.11.1 Tongtai Details
7.11.2 Tongtai Major Business
7.11.3 Tongtai Multitasking Turning Center Product and Services
7.11.4 Tongtai Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 Tongtai Recent Developments/Updates
7.11.6 Tongtai Competitive Strengths & Weaknesses
7.12 Rossi Macchine Utensili
7.12.1 Rossi Macchine Utensili Details
7.12.2 Rossi Macchine Utensili Major Business
7.12.3 Rossi Macchine Utensili Multitasking Turning Center Product and Services
7.12.4 Rossi Macchine Utensili Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.12.5 Rossi Macchine Utensili Recent Developments/Updates
7.12.6 Rossi Macchine Utensili Competitive Strengths & Weaknesses
7.13 Hardinge
7.13.1 Hardinge Details
7.13.2 Hardinge Major Business
7.13.3 Hardinge Multitasking Turning Center Product and Services
7.13.4 Hardinge Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.13.5 Hardinge Recent Developments/Updates
7.13.6 Hardinge Competitive Strengths & Weaknesses
7.14 Tsugami
7.14.1 Tsugami Details
7.14.2 Tsugami Major Business
7.14.3 Tsugami Multitasking Turning Center Product and Services
7.14.4 Tsugami Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.14.5 Tsugami Recent Developments/Updates
7.14.6 Tsugami Competitive Strengths & Weaknesses
7.15 MYLAS
7.15.1 MYLAS Details
7.15.2 MYLAS Major Business
7.15.3 MYLAS Multitasking Turning Center Product and Services
7.15.4 MYLAS Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.15.5 MYLAS Recent Developments/Updates
7.15.6 MYLAS Competitive Strengths & Weaknesses
7.16 Friulforgia
7.16.1 Friulforgia Details
7.16.2 Friulforgia Major Business
7.16.3 Friulforgia Multitasking Turning Center Product and Services
7.16.4 Friulforgia Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.16.5 Friulforgia Recent Developments/Updates
7.16.6 Friulforgia Competitive Strengths & Weaknesses
7.17 DMG Mori
7.17.1 DMG Mori Details
7.17.2 DMG Mori Major Business
7.17.3 DMG Mori Multitasking Turning Center Product and Services
7.17.4 DMG Mori Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.17.5 DMG Mori Recent Developments/Updates
7.17.6 DMG Mori Competitive Strengths & Weaknesses
7.18 Haas Automation
7.18.1 Haas Automation Details
7.18.2 Haas Automation Major Business
7.18.3 Haas Automation Multitasking Turning Center Product and Services
7.18.4 Haas Automation Multitasking Turning Center Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.18.5 Haas Automation Recent Developments/Updates
7.18.6 Haas Automation Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Multitasking Turning Center Industry Chain
8.2 Multitasking Turning Center Upstream Analysis
8.2.1 Multitasking Turning Center Core Raw Materials
8.2.2 Main Manufacturers of Multitasking Turning Center Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Multitasking Turning Center Production Mode
8.6 Multitasking Turning Center Procurement Model
8.7 Multitasking Turning Center Industry Sales Model and Sales Channels
8.7.1 Multitasking Turning Center Sales Model
8.7.2 Multitasking Turning Center Typical Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Nakamura-Tome
Okuma
Mazak
Kent CNC
IBARMIA INNOVATEK
BIMATEC SORALUCE
Hyundai WIA
Victor Taichung Machinery Works
Giuseppe Giana
Johnford
Tongtai
Rossi Macchine Utensili
Hardinge
Tsugami
MYLAS
Friulforgia
DMG Mori
Haas Automation
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*If Applicable.