A "vertical machining center" has a vertical spindle. With a vertical spindle, tools stick straight down from the tool holder, and often cut across the top of a part.
Now, the leading manufacturers of 3-axis Vertical Machining Centers located in the China, USA, Europe, Japan, such as GFMS (Europe), Mazak (Japan), DMG MORI (Japan), Makino (Japan), DMTG (China), occupied 36.79% market share in 2015, followed by Okuma (Japan), JTEKT (Japan) and HAAS (USA), they occupied 4.33%, 4.00%, 3.30% market share in 2015.
3-axis Vertical Machining Centers product demand market there is also a certain space in the next few years, mainly in Japan, Europe, and USA. While in emerging countries especially the China market, the demand of 3-axis Vertical Machining Centers is increasing because of rapidly development of economy. Therefore, investors may be appropriate to focus on these areas.
New enterprise can cooperate with the leading company, such as GFMS, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share. Although 3-axis Vertical Machining Centers bring a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

According to this study, over the next five years the 3-axis Vertical Machining Centers market will register a 1.0% CAGR in terms of revenue, the global market size will reach USD 6200 million by 2024, from USD 5830 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 3-axis Vertical Machining Centers business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of 3-axis Vertical Machining Centers market by product type, application, key manufacturers and key regions and countries.

This study considers the 3-axis Vertical Machining Centers value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Low-speed Type
High-speed Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machinery Manufacturing Industry
Vehicle Engineering Industry
Aerospace Manufacturing Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GFMS
Hermle
Alzmetall
Chiron
Mazak
DMG MORI
Makino
SPINNER
Okuma
JTEKT
STAMA
Fadal
MECAL
Hardinge
Emmegi
FOM Industrie
HAAS
CB Ferrari
FIDIA
Hurco
Schaublin
YCM
AWEA
Accuway
SMTCL
JFMT
DMTG
Hanland
RIFA
BYJC

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global 3-axis Vertical Machining Centers consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of 3-axis Vertical Machining Centers market by identifying its various subsegments.
Focuses on the key global 3-axis Vertical Machining Centers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the 3-axis Vertical Machining Centers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of 3-axis Vertical Machining Centers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.