The company’s largest market is America with 2015 sales of $1.034 billion, closely followed by Japan with $1.030 billion.Ī considerable strength of many companies in the Japanese machinery industry is that they have deep market knowledge due to their long history. It is represented in more than 14 countries in Europe and is currently developing the Chinese and South Korean market. The company has been included in the Top 100 Global Innovator list by Thomson Reuters in 20. controls 65 percent of the global market share in CNC controls worldwide. Overall, the European market represents 30 percent of Mazak’s turnover.įanuc Corp. In May 2016, Mazak has announced the opening of its technology center in Hungary, the 14th in Europe. The Japanese company has opened four research centers in the past six years: Katowice in Poland, Prague in the Czech Republic, and Duesseldorf and Leipzig in Germany. is also actively working the European market. In 2015, 20 percent of sales revenues came from Europe and this amount is expected to grow in 2016. In order to grow in the European market, Mori Seiki has merged with German manufacturer Gildemeister to create DMG Mori. The global rise of machine tool consumption presents a clear opportunity for Japan’s manufacturers. is becoming a large buyer of machine tools, too: Imports have been increasing from $8 billion in 2013 to $10 billion in 2015, while production of machine tools has been decreasing.
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Their machines are very popular, especially in Europe. In 2014, six out of 11 largest machine tools manufacturers in terms of revenue came from Japan: Amada Co. Some of the most famous brands include DMG Mori Seiki, Yamazaki Mazak, Okuma and Fanuc. There are around 200 manufacturers of machine tools in Japan. With Japan, Asia is also home to one of the most established and developed markets: The Japanese machinery industry is of global renown for its high quality brands.
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For detailed statistics refer to the 2015 World Machine-Tool Output & Consumption Survey by Gardner Research