Market Share of United States Machine Tools Industry
The United States Machine Tools Market is moderately fragmented, with many domestic and international players. With their manufacturing facilities, foreign players have a good presence in the country, such as Trumpf and Amada. Moreover, some major domestic players, such as Haas and Lincoln Electric, are small and medium in size and are involved in manufacturing parts and components for machine tools. Thus, these factors make the industry highly competitive. The sector is also witnessing the trend of consolidation with mergers and acquisitions. These strategies help the companies enter new market areas and gain new customers.
US Machine Tools Market Leaders
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TRUMPF Inc.
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Haas Automation Inc.
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Amada Co. Ltd
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Lincoln Electric Holdings Inc.
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MC Machinery Systems Inc.
*Disclaimer: Major Players sorted in no particular order
