This report analyzes the worldwide markets for Machine Tools in US$ Million by the following product groups/segments: Metal Cutting Tools (Boring & Drilling Machines, Gear Cutting Machines, Grinding, Honing, Lapping, Polishing & Buffing Machines, Lathes, Milling Machines, Machining Centers, Station Type Machines, & Miscellaneous Metal Cutting Tools), Metal Forming Tools (Punching & Shearing Machines, Bending & Forming Machines, Metal Working Presses, & Miscellaneous Metal Forming Tools), and Special Machine Tools (Water Jet Machines, Laser Machines, Electrochemical Machines, Electrical Discharge Machines,  & Coordinate Measuring Machines). The end-use markets also analyzed in the report include Automobile, Aerospace/Defense, Non-Electric Machinery & Equipment, Electronics/Electrical Machinery & Equipment, and Others (Oil Field Industry/Medical Industry). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and Latin America. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets. The report profiles 528 companies including many key and niche players such as GF AgieCharmilles, Allied Machine & Engineering Corp, Amada Group of Companies, Amada America Inc., Amada Machine Tools America, Inc., Amada Co. Ltd, Doosan Infracore Co. Ltd., FANUC Corporation, MAG, Gildemeister Aktiengesellschaft, Gildemeister Italiana S.p.A., Haas Automation, Inc., Hardinge Inc., JTEKT Corporation, Kennametal Inc., Makino Milling Machine Co. Ltd., Mori Seiki Co, Ltd., Okuma Corporation, Otto Bihler Maschinenfabrik GmbH & Co. KG, Shanghai Machine Tool Works Co., Ltd, Schuler AG, Sodick, Inc., Spinner Werkzeugmaschinenfabrik GmbH, TAJMAC-ZPS, a.s., Trumpf Group, Walter AG and Yamazaki Mazak Corporation. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TABLE OF CONTENTS

MACHINE TOOLS 									MCP-2758
A GLOBAL STRATEGIC BUSINESS REPORT



                                            CONTENTS



  1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS                       1
      Study Reliability and Reporting Limitations                          1
      Disclaimers                                                          2
      Data Interpretation & Reporting Level                                3
       Quantitative Techniques & Analytics                                 3
      Product Definitions and Scope of Study                               3
       Product Groups/Segments                                             4
        Metal Cutting Tools                                                4
         Boring & Drilling Machines                                        4
         Gear Cutting Machines                                             5
         Grinding, Honing, Lapping, Polishing and Buffing Machines         5
         Lathes                                                            5
         Milling Machines                                                  5
         Machining Centers                                                 5
         Station Type Machines                                             5
         Miscellaneous Metal Cutting Tools                                 5
        Metal Forming Tools                                                6
         Punching & Shearing Tools                                         6
         Bending & Forming Tools                                           6
         Metal Working Presses                                             6
         Miscellaneous Metal Forming Tools                                 6
        Special Machine Tools                                              6
         Waterjet and Laser Machines                                       7
         Electrochemical Machines                                          7
         Electrical Discharge Machines                                     7
         Co-ordinate Measuring Machines                                    7
       End-Use Segments                                                    7
        Automotive Industry                                                7
        Aerospace/Defense Industry                                         7
        Non-Electric Machinery and Equipment Industry                      8
        Electronics/Electrical Machinery and Equipment Industry            8
        Others                                                             8
         Oilfield Industry                                                 8
         Medical Industry                                                  8

  2. MACHINE TOOLS - AN INTRODUCTION                                       9
      A Quick Primer                                                       9
      Market Traits: A Review                                              9
       Market Prospects Closely Tied to Economic Health                    9
       A Polarized Market                                                  10
       Price: A Competitive Variable                                       10
       Technology Evolution in the Machine Tools Industry                  10
        Technology Boosts Numerical Control (NC) Machine Tools
         Demand Further                                                    11
        Innovation Largely Guided by the Evolution of New Age Materials    11
        Achieving Precision the Laser Way                                  12
       Need of the Hour                                                    12
       What Does It Take to Survive in the Marketplace?                    12
       After Sales Customer Service & Support: A Key Differentiator        13
      Recession Impact in Retrospect                                       13
      The World Beyond Recession                                           14
      Outlook                                                              14
       Where Do the Opportunities Lie?                                     14
       Developing Asian Countries Emerge As Tough Contenders in the
        International Market                                               15
        China Marches Ahead on Production Front                            15
         Table 1: World Machine Tools Production (2009): Breakdown
         of Production Value by Leading Country (includes
         corresponding Graph/Chart)                                        16

         Table 2: Global Cutting Machine Tools Market (2010):
         Percentage Share Breakdown of Production Value by Country
         (includes corresponding Graph/Chart)                              17

         Table 3: Global Metal Forming Machine Tools Market (2010):
         Percentage Share Breakdown of Production Value by Country
         (includes corresponding Graph/Chart)                              17
      Key Trends & Issues                                                  18
       Recession Turns the Market Price-Sensitive                          18
       Metal Cutting Tools: The Key Revenue Generator                      18
        HSS Cutting Tools: Hopes Pinned onto Powder Metallurgical
         HSS to Spearhead Market Revival                                   18
        Grinding Machines Market: A Review of Current Scenario             19
        Trends Across Product Markets                                      19
         Table 4: US Market for Grinding Machines (2010): Percentage
         Share Breakdown of Dollar sales by Type - Surface Grinding
         Machines, Cylindrical Grinding Machines, Center-less
         Grinding Machines, and Other Grinding Machines (includes
         corresponding Graph/Chart)                                        20
        Advanced Grinding Machines Revolutionize Grinding Process          20
       Electronic Equipment and Motor Vehicles Drive Demand                21
       Machine “Controls” Component Business Waxes in Popularity           21
       Multi Tasking Machines Gear Up to Revolutionize Machine Tool
        Dynamics                                                           21
       A Macro Shift to Micro Machining Tools                              22
       ‘Cutting’ the Frills                                                22
       Retrofit Market Keeps CNC Sales Alive                               22
       Flexible Manufacturing Catching Impetus                             22
       Bar Fed Machining Centers Gain Rapid Acceptance                     23
       Two Offset Numbers become Norm in Machining Center Programs         23
       Silicon Carbide (SiC) Cutting Tools become a Rage                   24
       Environmental Concerns Spur Innovations in Cutting Tools            24
       ‘Intelligent’ Threat Brewing                                        24
       Replacement Demand Under Threat                                     24
       Waterjet: An Evolving Cutting Tool                                  24
        Cost Benefits Drive Waterjet Adoption                              25
        Waterjet Cutting Applications Expanding With Times                 25
      Key Market Share Statistics                                          26
       Table 5: Global Machine Tools Market (2010): Percentage Share
       Breakdown of Annual Revenue by Leading Manufacturers
       (includes corresponding Graph/Chart)                                26

       Table 6: Global Gear Cutting Machinery Market (2010):
       Percentage Share Breakdown of Key Players (includes
       corresponding Graph/Chart)                                          27

       Table 7: Global High Speed Steel (HSS) Market (2010):
       Percentage Market Share of Dollar Sales by Leading Company
       (includes corresponding Graph/Chart)                                27

       Table 8: Global Machine Tool Shape Cutting Market (2010):
       Percentage Share Breakdown by Cutting Technologies - Laser,
       EDM, Plasma, Waterjets and Others (includes corresponding
       Graph/Chart)                                                        27

       Table 9: Global Abrasive Waterjet Cutting Machine Market
       (2010): Percentage Breakdown of Fixed and Variable Costs per
       Hour by Cost Component - Abrasive Sand/Disposal, Labor,
       Depreciation, Overhead, Spare & Wear Parts, Compressed Air,
       Interest, Electricity, Water/Wastewater and
       Maintenance/Service (includes corresponding Graph/Chart)            28

       Table 10: Global Abrasive Waterjet Cutting Machine Market
       (2010): Percentage Breakdown of Variable Costs per Hour by
       Cost Component - Abrasive Sand/ Disposal, Spare & Wear Parts,
       Compressed Air, Electricity, Maintenance/Service, and Water/
       Wastewater (includes corresponding Graph/Chart)                     28

       Table 11: Leading Players in the Global Water Jet Machine
       Tools Market (2010): Percentage Market Share Breakdown of
       Leading Companies (includes corresponding Graph/Chart)              28

       Table 12: Leading Players in the Global Coordinate Measuring
       Machines Market (2010): Percentage Market Share Breakdown of
       Leading Players (includes corresponding Graph/Chart)                29

       Table 13: Global Five Axis Simultaneous Machine Tools Market
       (2010): Percentage Share Breakdown of Number of Companies in
       the Supply Chain by Select Countries (includes corresponding
       Graph/Chart)                                                        29

  3. PRODUCT/END-USE MARKET OVERVIEW                                       30
      Machine Tools                                                        30
       Commercial Use of Machine Tools: A Historical Retrospective         30
      Metal Cutting Machine Tools                                          30
       Structure of Metal Cutting Tool                                     30
       Cutting Methods                                                     31
       Major Categories of Tools                                           31
      Rotary Cutting Tools                                                 31
       Carbide Cutting Tools                                               32
       Stamping Die                                                        32
       Types of Metal Cutting Machine Tools                                32
        Boring & Drilling Machines                                         32
        Gear Cutting Machines                                              32
        Grinding, Honing, Lapping, Polishing & Buffing Machines            32
         CNC Grinding Machines                                             33
        Lathes                                                             33
         Types of Lathes                                                   33
         CNC Lathes                                                        33
        Milling Machines                                                   34
         Major Components                                                  34
         Body of the Milling Machines                                      34
         Length of Cut                                                     35
         Helix Angle                                                       35
         Land                                                              35
         Diameter                                                          35
         End Teeth                                                         35
         CNC Milling Machines                                              35
         Center Cutting and Non Center Cutting Milling Machines            35
        Machining Centers                                                  36
         Horizontal CNC Machining Centers                                  36
         Vertical CNC Machining Centers                                    36
        Station Type Machines                                              36
        Miscellaneous Metal Cutting Tools                                  37
      Metal Forming Machine Tools                                          37
       Types of Metal Forming Machine Tools                                37
        Punching & Shearing Tools                                          37
        Bending & Forming Tools                                            37
        ‘Bending’ Vs ‘Forming’                                             38
        Metal Working Presses                                              38
        Miscellaneous Metal Forming Tools                                  38
      Special Machine Tools                                                38
       Water Jet and Laser Machines                                        39
       Electrochemical Machines                                            39
       Electrical Discharge Machines                                       39
        Die-Sink EDMs                                                      40
        Wire-Cut EDMs                                                      41
         Die-Sink Machines Vs Wire-Cut Machines                            41
       Coordinate Measuring Machines                                       41
      Market Segmentation by Machine Price and Precision                   41
       High-End Machine Tool Market                                        41
       Mid-Range Machine Tool Market                                       42
       Low-End Machine Tool Market                                         42
      End Use Markets                                                      42
       Automotive Industry                                                 42
       Aerospace/Defense Industry                                          43
       Non-Electric Machinery and Equipment Industry                       43
       Electronics/Electrical Machinery and Equipment Industry             43
       Others                                                              43
        Oilfield Industry                                                  44
        Medical Industry                                                   44

  4. PRODUCT INTRODUCTIONS/INNOVATIONS                                     45
      DEWALT Rolls Out New DEWALT 2X Longer Life Reciprocating Saw
       Blades                                                              45
      Buhler Unveils GranulexTM and Kubex T                                45
      Marbach Launches Marbajet-1000linear Water-Jet Cutting Machine       46
      Mitsubishi Heavy Industries Unveils MVR-5X Machining Center          46
      Accustream Launches Abrasive Regulator 2                             46
      FANUC Introduces iAdapt®S Adaptive Control System Integrated
       with CNC Machine                                                    46
      Hardinge Launches GD210LP Rotary Table with 16C Spindle              47
      FANUC Launches High-Speed Laser Controls                             47
      Hardinge Introduces FlexC™ Collet Systems                            48
      MAG Launches Integrated Gear Cutting Features on VTC 2500H           49
      DMG/Mori Seiki Unveils DMU eVo Series 5-Axis Control Machining
       Center                                                              50
      Walter Adds an Innovative Grade to Tiger•tec® Silver Series          50
      Mori Seiki Introduces MCC-LPS III Cell Control Solution              50
      Walter Prototyp Announces Additions to ConeFit™ Changeable
       Head Solution                                                       51
      Walter Introduces Walter Titex UFL® Drill                            51
      MAG Develops Large Machine Tools                                     52
      Biltz Offers Special Tools for Machining Centers                     52
      Consortech Tools Rolls Out Plate Edge Milling Machine                53
      Mori Seiki Sales & Services Introduces New Range of X Series
       Machines                                                            53
      Coherent Introduces MetaBEAM™ Laser Machining Center                 54
      The Timken Company Unveils New Range of Precision Cylindrical
       Roller Bearings Range                                               54
      NSK Develops Novel X1 Ball Screw                                     55
      Micron Technologies Launches HTA Honing Machine                      55
      Robert Bosch Introduces GST 25M Professional Jigsaw                  56
      HEIDENHAIN Launches HR 550 FS wireless Handwheel for Machine
       Tools                                                               57
      GF AgieCharmilles Introduces the DRILL 20 for Hole-Drilling
       Solutions                                                           58
      FANUC Robotics Launches Web Resource                                 58
      FANUC Launches 30i/31i-P Model B Punch Press Controls                58
      Doosan Infracore Unveils Eco-Friendly Machine Tools                  59
      FANUC Rolls Out New Generation CNC Controllers                       59
      MAG Offers CNC Retrofit Solutions                                    60
      Okuma Develops GENOS Series of Machines                              60
      MAG Unveils New High-Speed VEC System                                61
      MAG IAS Introduces U5-1500DR Universal Machining Center              62
      Okuma Unveils New Horizontal Machining Centers                       63
      TRUMPF TruLaser 5030 Fiber Reduces Manufacturing Cost of
       Components                                                          63
      Okuma to Launch GENOS M460-VE Vertical Machining Center              64
      Okuma Launches TWIN STAR LT2000 Series of Spindles                   64
      TRUMPF Launches TruBend Cell 7000                                    64
      TRUMPF Launches TruPunch 3000                                        65
      TRUMPF to Introduce TruLaser 3030                                    65
      Yamazaki Launches New Vertical Machining Center                      65
      Mori Seiki to Implement the NVL1350 Range of Vertical Lathes         65
      Mori Seiki Launches NZL2500 Lathe                                    66
      Cimatron Unveils GibbsCAM Software for CNC Machine Tools             66
      Sodick Rolls Out Electrical Discharge Machines                       67
      Emirates Gas Rolls out Eco-Friendly Solution for Metal Cutting       67
      Star Micronics to Introduce Mill-Turning Centres                     67
      TaeguTec Introduces New Milling Inserts                              67
      PEM Technologies to Launch New PEM Technology                        68
      Jet Edge Launches Idro Line Water Jet Cutting Machine                68
      American Laser Enterprises Unveils A-Las™ Alignment System           69
      Hardinge Introduces SUPER-PRECISION T-42                             69
      Unison Introduces Range of All-Electric Tube Benders                 70
      Kyocera Introduces CA45-Series of Cutting Tools                      70
      Tornos Launches FC 1105                                              71
      Hardinge Launches GS51A Machine                                      71
      Mills CNC Showcases Four CNC Milling Machines                        72
      Yamazaki Mazak to Showcase Seven Machine Tools                       73
      Mori Seiki Launches NH10000DCG                                       74
      Heller Unveils Five-Axis Machining Centers                           75
      Trumpf Launches Trulaser 1030                                        75
      Trumpf Unveils Size 5 Punching Tools                                 76
      Bardons & Oliver Unveils CNC lathe                                   76
      MAG Launches NBV 400                                                 76
      Methods Machine Tools Launches Nakamura-Tome Super NTMX              76
      DST to Introduce Mecof range                                         76
      Ward CNC Expands Heavy-Duty Solutions Line                           77
      Flow International Launches Mach 2 Series of Waterjet Cutting
       Machines                                                            77
      LVD Launches Automatic Laser Cutting Systems                         77
      OMAX Unveils a New Waterjet Brand MAXIEM                             77
      Anjani Technoplast Introduces Water-Jet Machine for Defense
       and Aerospace Industry                                              77
      Volvo Launches New Milling Machines                                  78
      Schaublin Machines Introduces Five Axis Machining Systems            78
      Delcam Unveils NC-Checker                                            79
      Saar Hartmetall Launches High Speed Stationary Milling Machine       79
      Mitsubishi Heavy Industries to Launch High-precision Grinding
       Machine                                                             79
      Hydratight to Launch Thread Milling Service                          80
      Jet Edge Rolls Out Waterjet Cutting System                           80
      Electrosion Introduces New ECM Machine                               80
      Ronson Gears to Launch Three Gear Manufacturing Machines             81
      Shenyang Machine Tool Introduces World’s Biggest Drilling Machine    81
      Walter Launches New Shoulder Milling Cutter                          81
      Walter Adds Three New Variants of Cutters Introduced to Xtra.
       tec® Line                                                           82
      Walter Prototyp Introduces Fast Milling Cutters                      82
      Walter Launches Two-in-One Chip Breaking Tools                       82
      Bosch Rexroth Launches Heavy Duty Flow Control Valves                83
      Unison Introduces Breeze 170                                         83
      Mitsubishi Heavy Industries Rolls Out New Grinding Machine           84
      Mitsubishi Heavy Industries Introduces New Technology                84
      Okuma Upgrades Thermo-Friendly Concept                               85
      CP Packaging Develops VisionPak™ Machine                             85
      Bystronic Launches Upgrade to ByVention Laser Cutting System         85
      Walter Unveils New Miniature Milling Cutter                          86
      Amada Cutting Technologies Launches New Bandsawing Machines          86
      Roland Introduces CAM Software for Use in MDX 3D Milling Machines    86
      Sonnex Engineering Launches New Waterjet Cutting Machine             87
      KYOCERA Launches Double-Sided Negative Insert Tool System            87
      Mitsubishi Introduces Dry-Cut Gear Cutting Machines                  88
      Climax Portable Machine Tools Unveils New Portable Flange            88
      Kyocera Launches OTM API Ring Groover                                89
      MatCam Launches New Laser Cutting Machines                           89
      DMG India Unveils DMU 40 monoBLOCK Range of Machines                 89
      Mori Seiki Launches NMV8000 DCG Vertical Machining Center            90
      Mori Seiki Unveils MV-1003L Vertical Machining Center                90
      Mori Seiki Upgrades NH8000 DCG II and NH6300 DCG II Horizontal
       Machining Centers                                                   91
      Fadal Machining Centers to Launch VMC 4525                           91
      Fadal Machining Centers to Unveil FX Series Machines with
       Infimatic Control                                                   92
      Walter Develops Protostar® Ti series                                 93
      Okuma Introduces MULTUS B750                                         93
      Okuma Launches VTM-200 Vertical Machining Center                     93
      OMAX® Corporation to Introduce 80X JetMachining® Center              94
      Sandvik Coromant to Launch CoroTurn TR Tools                         94
      Siemens Drive Technologies to Launch CNC Solutions                   95
      Sodick to Launch HS650L, 5-Axis High Speed Machining Center          95
      SPINNER Launches New U-Series Machining Centers                      95
      Sugino Upgrades SSM5 and SSM4 Drill Units                            96

  5. RECENT INDUSTRY ACTIVITY                                              97
      MAG IAS Acquires Forest- Liné                                        97
      Miyano Machinery Merges with Citizen Machinery                       97
      E. Biglia Signs Agreement with Hardinge Machine Tools                97
      Siemens Unveils New Technology Application Centre                    98
      Interflow Acquires Hydraulic Milling Machine                         98
      Gildemeister to Form Joint Venture with Shenyang Machine Tool
       and Mori Seiki                                                      98
      Sandvik Coromant Renews Technical Partnership Agreement with
       Stewart-Haas Racing                                                 98
      StarragHeckert Completes Acquisition of Dorries Scharmann            99
      Climax Portable Machine Tools Opens New Rental Depots in US
       and Australia                                                       99
      Bharat Fritz Werner Announces New Unit in India                      99
      Hyundai WIA to Set Up Two New Plants in India                        99
      Lap-Stamp Selects LASER 1000 5Ax of GF AgieCharmilles                100
      Konecranes Acquires Assets of King Tool                              100
      Magellan Aerospace Expands Hard Metal Machining Center               100
      Mori Seiki to Establish Machine Tool Facility in California          101
      Mitsubishi to Set Up a New Automotive Machine Tools Facility
       in China                                                            101
      India Steel Summit to Establish a New Machine Tools and
       Accessories Facility                                                101
      Konecranes Acquire AH Maskinservice and Axis Machine Tool
       Engineers                                                           101
      AMADA MACHINE TOOLS Establishes a Comprehensive European Base        102
      Amada Merges Amada Cutting Technologies and Amada Wasino
       America to Form Amada Machine Tools                                 102
      FANUC CNC America Corporation Changes Name to FANUC FA America
       Corporation                                                         102
      Gildemeister and Mori Seiki Join Hands for Sales and Services        102
      mutares Takes Over Fertigungstechnik Weisenfels                      103
      Wendt India and Delapena Honing Equipment Sign Agreement             103
      Emerson Bearing Establishes New Machine Tools Division               103
      Tech-Con Enters into Partnership with Motoman Robotics               103
      Konecranes Acquires Assets of Ohio Hi-Speed Machine                  104
      Seco Tools Purchases AOB                                             104
      Coherent Takes Over Beam Dynamics                                    104
      Itochu Mechatronics and Itochu Sanki to Merge                        105
      Machine Tools Supply to Take Over Cutting Edge Tool & Supply         105
      Advanced Machinery Purchases Assets of Machine Tool Partners         105
      New Century Companies Merges with Precision Aerostructures
       Companies                                                           106
      Jet Edge Takes Over Calypso Waterjet Systems                         106
      Tiercel Technology Takes Over John G Wilson Machine                  106
      Kennametal Establishes WIDIA Products Group                          106
      PTG Expands Machine Business as PTG Heavy Industries                 107
      Starragheckert to Establish Manufacturing in India                   107
      WARDJet Partners with AMRC                                           107
      Moog Purchases Boulton Paul factory from GE Aviation                 107
      DGI Supply and Tool Crib Supply Enter into Affiliation Agreement     108
      R.O. Deaderick Company Merges with Machine Tool Systems              108
      Absolute Machine Tools Attains Rights to TopEDM and AccuteX          108
      Fair Friend Group Enters into Strategic Alliances                    108
      Yeong Chin Machinery Enters into Alliance with Yong Ju
       Precision and Excetek                                               109
      Climax Portable Machine Tools Bags Contract from U.S. Army
       Corps of Engineers                                                  109
      Concepts NREC Enters into Partnership with Maschinenfabrik
       Berthold Hermle                                                     109
      Ningbo Haitian Group, Electronica Machine Tools to Jointly
       Launch Press Assembly                                               110
      StarragHeckert Holding AG to Launch Machine Tool Facility in
       India                                                               110
      DP Technology Inks Agreement with Salvadeo                           110
      Ellison Technologies Snaps Up J & H Machine Tools                    110
      Mollart Engineering Purchases Bencere                                111
      Flow International Corporation Purchases Minority Stakes in
       Dardi International Corporation                                     111
      Joy Global Acquires Wuxi Shengda                                     111
      Daikin Industries Inks Agreement to Take Over All World
       Machinery Supply                                                    112
      Sandvik Inks Agreement to Purchase BTA Heller Drilling System        112
      Flow International Corporation Inks Agreement to Merge with
       Omax Corporation                                                    112
      Flow International to Construct Center for Advanced Waterjet
       Systems                                                             113
      Flow International Corporation Bags Contract from Mitsubishi
       Heavy Industries                                                    113
      Bosch Rexroth AG to Snap Up Interlit Joistgen GmbH                   113
      Doosan Infracore Machine Tools Yantai Unveils Machine Tool Fair      114
      ESAB Holdings Ltd Snaps Up Romar Positioning Equipment
       International                                                       114
      Carolina Machine and Tool Snaps Up Cutting Tools and Service         114
      R.P. Machine Enterprises Purchases Fletcher Machine Company          114
      Hexagon AB Buys M&H Group                                            114
      China General Technology Holding to Purchase 58% Stakes in
       Qier Machine Tool Group                                             115
      Sandvik Tooling Purchases Teeness ASA                                115
      Caterpillar Takes Over Lovat                                         115
      Delcam Inks Partnership with Doosan                                  115
      ICAM Technologies Corporation, Dörries Scharmann Technologie
       GmbH Ink Strategic Marketing Agreement                              116
      Mitsubishi Corporation and Craftsman Automation Enter into
       Joint Venture                                                       116
      GBI Cincinnatti to Launch Revolution Line of Machine Tools           117
      Shenyang to Acquire Two Subsidiaries from its Parent Company         117
      Hangzhou Machine Tool Grabs Contract to Develop Grinding Machines    117
      Spark Machine Tool Acquires Majority Stake in SOMAB                  117
      Heavy Engineering Corporation and Bharat Heavy Electricals to
       Enter into Joint Venture                                            118
      JTEKT Enters into Partnership with Micromatic                        118
      Yamazaki Mazak to Broaden Operations                                 118
      Yamazaki Mazak Enters into Agreement with Ken Okuyama Design         118
      Genertec Invests in Qiqihar No.2 to Increase Shares                  119
      The Indian Machine Tool Manufacturers' Association and Central
       Machine Tool Institute to Open Testing Facility                     119
      Amada to Build Machine Tool Factory                                  119
      Torque Master Tools to Build Machine Tools Facility                  119
      Marposs Took Over Control Gaging                                     119
      Micromatic Grinding to Build New Unit for Grinding Machines          119
      Agie-Charmilles to Build Production Base in China                    120
      Zenath Purchases American Augers Drilling Machine                    120
      Triumph Group Takes Over B & R Machine Tools Assets                  120
      Jyoti Purchases Huron Graffenstaden                                  120
      Tsudakoma to Set Up New Wing for Machine Tools                       121
      Cimatron Acquires Majority Stake in Gibbs                            121
      Carbon Design Systems Takes Over ARM Holdings’ SoC Designer
       Tool Division                                                       121
      Blue Sage Capital Acquires Majority Stake in Multicam                121
      Kyocera Corp to Take Over On Time Machine                            121
      ARRK Corp’s NPL Technologies Fully Takes Over Ditemsa                121
      Sandvik AB to Buy Minority Stake in Precorp                          122
      Eastman Machine Takes Over Saber Industries                          122
      Walters Expands its Line of Milling Cutters                          122
      MAG Moves to New Office                                              122
      Siemens Enters Into Partnership with ROY-G-BIV                       122
      TRUMPF Acquires SPI Lasers                                           123
      TRUMPF Opens New Production Facility                                 123

  6. FOCUS ON SELECT GLOBAL PLAYERS                                        124
      GF AgieCharmilles (Switzerland)                                      124
      Allied Machine & Engineering Corp (US)                               124
      Amada Group of Companies (Japan)                                     124
       Amada America Inc. (US)                                             124
       Amada Machine Tools America, Inc., (US)                             125
       Amada Co. Ltd (Japan)                                               125
      Doosan Infracore Co. Ltd. (South Korea)                              125
      FANUC Corporation (Japan)                                            125
      MAG (US)                                                             126
      Gildemeister Aktiengesellschaft (Germany)                            126
       Gildemeister Italiana S.p.A. (Italy)                                127
      Haas Automation, Inc. (US)                                           127
      Hardinge Inc. (US)                                                   127
      JTEKT Corporation (Japan)                                            128
      Kennametal Inc (US)                                                  128
      Makino Milling Machine Co. Ltd. (Japan)                              129
      Mori Seiki Co, Ltd. (Japan)                                          129
      Okuma Corporation (Japan)                                            129
      Otto Bihler Maschinenfabrik GmbH & Co. KG (Germany)                  129
      Shanghai Machine Tool Works Co., Ltd (China)                         130
      Schuler AG (Germany)                                                 131
      Sodick, Inc (US)                                                     131
      Spinner Werkzeugmaschinenfabrik GmbH (Germany)                       131
      TAJMAC-ZPS, a.s. (Czech Republic)                                    132
      Trumpf Group (Germany)                                               132
      Walter AG (Germany)                                                  132
      Yamazaki Mazak Corporation (Japan)                                   133

  7. GLOBAL MARKET PERSPECTIVE                                             134
      Table 14: World Recent Past, Current and Future Analysis for
      Machine Tools by Geographic Region/ Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         134

      Table 15: World Historic Review for Machine Tools by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         135

      Table 16: World 15-Year Perspective for Machine Tools by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            136
      By Product Group/Segment                                             137
      Table 17: World Recent Past, Current and Future Analysis for
      Metal Cutting Tools by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         137

      Table 18: World Historic Review for Metal Cutting Tools by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         138

      Table 19: World 15-Year Perspective for Metal Cutting Tools by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            139

      Table 20: World Recent Past, Current and Future Analysis for
      Metal Cutting Tools by Product Segment - Boring & Drilling
      Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
      Polishing & Buffing Machines, Lathes, Milling Machines,
      Machining Centers, Station Type Machines and Miscellaneous
      Metal Cutting Tools Independently Analyzed by Annual Sales in
      US$ Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           140

      Table 21: World Historic Review for Metal Cutting Tools by
      Product Segment - Boring & Drilling Machines, Gear Cutting
      Machines, Grinding, Honing, Lapping, Polishing & Buffing
      Machines, Lathes, Milling Machines, Machining Centers, Station
      Type Machines and Miscellaneous Metal Cutting Tools
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         141

      Table 22: World 15-Year Perspective for Metal Cutting Tools by
      Product Segment - Percentage Breakdown of Dollar Sales for
      Boring & Drilling Machines, Gear Cutting Machines, Grinding,
      Honing, Lapping, Polishing & Buffing Machines, Lathes, Milling
      Machines, Machining Centers, Station Type Machines and
      Miscellaneous Metal Cutting Tools for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            142

      Table 23: World Recent Past, Current and Future Analysis for
      Boring & Drilling Machines by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           143

      Table 24: World Historic Review for Boring & Drilling Machines
      by Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/ Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         144

      Table 25: World 15-Year Perspective for Boring & Drilling
      Machines by Geographic Region/ Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America for the Years 2003, 2010
      and 2017 (includes corresponding Graph/Chart)                        145

      Table 26: World Recent Past, Current and Future Analysis for
      Gear Cutting Machines by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           146

      Table 27: World Historic Review for Gear Cutting Machines by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         147

      Table 28: World 15-Year Perspective for Gear Cutting Machines
      by Geographic Region/ Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            148

      Table 29: World Recent Past, Current and Future Analysis for
      Grinding, Honing, Lapping, Polishing & Buffing Machines by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2009 through 2017 (includes corresponding Graph/Chart)         149

      Table 30: World Historic Review for Grinding, Honing, Lapping,
      Polishing & Buffing Machines by Geographic Region/Country -
      US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2003 through 2008 (includes
      corresponding Graph/Chart)                                           150

      Table 31: World 15-Year Perspective for Grinding, Honing,
      Lapping, Polishing & Buffing Machines by Geographic
      Region/Country - Percentage Breakdown of Dollar Sales for US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
      Latin America for the Years 2003, 2010 and 2017 (includes
      corresponding Graph/Chart)                                           151

      Table 32: World Recent Past, Current and Future Analysis for
      Lathes by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2009 through 2017 (includes corresponding Graph/Chart)         152

      Table 33: World Historic Review for Lathes by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America Independently Analyzed by
      Annual Sales in US$ Million for the Years 2003 through 2008
      (includes corresponding Graph/Chart)                                 153

      Table 34: World 15-Year Perspective for Lathes by Geographic
      Region/Country - Percentage Breakdown of Dollar Sales for US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
      Latin America for the Years 2003, 2010 and 2017 (includes
      corresponding Graph/Chart)                                           154

      Table 35: World Recent Past, Current and Future Analysis for
      Milling Machines by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         155

      Table 36: World Historic Review for Milling Machines by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         156

      Table 37: World 15-Year Perspective for Milling Machines by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            157

      Table 38: World Recent Past, Current and Future Analysis for
      Machining Centers by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         158

      Table 39: World Historic Review for Machining Centers by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         159

      Table 40: World 15-Year Perspective for Machining Centers by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            160

      Table 41: World Recent Past, Current and Future Analysis for
      Station Type Machines by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           161

      Table 42: World Historic Review for Station Type Machines by
      Geographic Region/ Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         162

      Table 43: World 15-Year Perspective for Station Type Machines
      by Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            163

      Table 44: World Recent Past, Current and Future Analysis for
      Miscellaneous Metal Cutting Tools by Geographic Region/Country- 
      US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           164

      Table 45: World Historic Review for Miscellaneous Metal
      Cutting Tools by Geographic Region/ Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2003 through 2008 (includes corresponding
      Graph/Chart)                                                         165

      Table 46: World 15-Year Perspective for Miscellaneous Metal
      Cutting Tools by Geographic Region/Country - Percentage
      Breakdown of Dollar Sales for US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America for the
      Years 2003, 2010 and 2017 (includes corresponding Graph/Chart)       166

      Table 47: World Recent Past, Current and Future Analysis for
      Metal Forming Tools by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         167

      Table 48: World Historic Review for Metal Forming Tools by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         168

      Table 49: World 15-Year Perspective for Metal Forming Tools by
      Geographic Region/ Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            169

      Table 50: World Recent Past, Current and Future Analysis for
      Metal Forming Tools by Product Segment - Punching & Shearing
      Machines, Bending & Forming Machines, Metal Working Presses
      and Miscellaneous Metal Forming Tools Independently Analyzed
      by Annual Sales in US$ Million for the Years 2009 through 2017
      (includes corresponding Graph/Chart)                                 170

      Table 51: World Historic Review for Metal Forming Tools by
      Product Segment - Punching & Shearing Machines, Bending &
      Forming Machines, Metal Working Presses and Miscellaneous
      Metal Forming Tools Independently Analyzed by Annual Sales in
      US$ Million for the Years 2003 through 2008 (includes
      corresponding Graph/Chart)                                           171

      Table 52: World 15-Year Perspective for Metal Forming Tools by
      Product Segment - Percentage Breakdown of Dollar Sales for
      Punching & Shearing Machines, Bending & Forming Machines,
      Metal Working Presses and Miscellaneous Metal Forming Tools
      for the Year 2003, 2010 and 2017 (includes corresponding
      Graph/Chart)                                                         172

      Table 53: World Recent Past, Current and Future Analysis for
      Punching & Shearing Machines by Geographic Region/Country -
      US, Canada, Japan, Europe, Asia-Pacific, Middle East / Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           173

      Table 54: World Historic Review for Punching & Shearing
      Machines by Geographic Region/ Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         174

      Table 55: World 15-Year Perspective for Punching & Shearing
      Machines by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America for the Years 2003, 2010
      and 2017 (includes corresponding Graph/Chart)                        175

      Table 56: World Recent Past, Current and Future Analysis for
      Bending & Forming Machines by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           176

      Table 57: World Historic Review for Bending & Forming Machines
      by Geographic Region / Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         177

      Table 58: World 15-Year Perspective for Bending & Forming
      Machines by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America for the Years 2003, 2010
      and 2017 (includes corresponding Graph/Chart)                        178

      Table 59: World Recent Past, Current and Future Analysis for
      Metal Working Presses by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           179

      Table 60: World Historic Review for Metal Working Presses by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         180

      Table 61: World 15-Year Perspective for Metal Working Presses
      by Geographic Region/ Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            181

      Table 62: World Recent Past, Current and Future Analysis for
      Miscellaneous Metal Forming Tools by Geographic Region/Country- 
      US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           182

      Table 63: World Historic Review for Miscellaneous Metal
      Forming Tools by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2003 through 2008 (includes corresponding
      Graph/Chart)                                                         183

      Table 64: World 15-Year Perspective for Miscellaneous Metal
      Forming Tools by Geographic Region/Country - Percentage
      Breakdown of Dollar Sales for US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America for the
      Years 2003, 2010 and 2017 (includes corresponding Graph/Chart)       184

      Table 65: World Recent Past, Current and Future Analysis for
      Special Machine Tools by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           185

      Table 66: World Historic Review for Special Machine Tools by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         186

      Table 67: World 15-Year Perspective for Special Machine Tools
      by Geographic Region/ Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            187

      Table 68: World Recent Past, Current and Future Analysis for
      Special Machine Tools by Product Segment - Water Jet Machines,
      Laser Machines, Electrochemical Machines, Electrical Discharge
      Machines and Coordinate Measuring Machines Independently
      Analyzed by Annual Sales in US$ Million for the Years 2009
      through 2017 (includes corresponding Graph/Chart)                    188

      Table 69: World Historic Review for Special Machine Tools by
      Product Segment - Water Jet Machines, Laser Machines,
      Electrochemical Machines, Electrical Discharge Machines and
      Coordinate Measuring Machines Independently Analyzed by Annual
      Sales in US$ Million for the Years 2003 through 2008 (includes
      corresponding Graph/Chart)                                           189

      Table 70: World 15-Year Perspective for Special Machine Tools
      by Product Segment - Percentage Breakdown of Dollar Sales for
      Water Jet Machines, Laser Machines, Electrochemical Machines,
      Electrical Discharge Machines and Coordinate Measuring
      Machines for the Years 2003, 2010 and 2017 (includes
      corresponding Graph/Chart)                                           190

      Table 71: World Recent Past, Current and Future Analysis for
      Water Jet Machines by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/ Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         191

      Table 72: World Historic Review for Water Jet Machines by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         192

      Table 73: World 15-Year Perspective for Water Jet Machines by
      Geographic Region/ Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            193

      Table 74: World Recent Past, Current and Future Analysis for
      Laser Machines by Geographic Region/Country - US, Canada,
      Japan, Europe, Asia-Pacific, Middle East/Africa and Latin
      America Independently Analyzed by Annual Sales in US$ Million
      for the Years 2009 through 2017 (includes corresponding
      Graph/Chart)                                                         194

      Table 75: World Historic Review for Laser Machines by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         195

      Table 76: World 15-Year Perspective for Laser Machines by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            196

      Table 77: World Recent Past, Current and Future Analysis for
      Electrochemical Machines by Geographic Region/ Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           197

      Table 78: World Historic Review for Electrochemical Machines
      by Geographic Region/ Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         198

      Table 79: World 15-Year Perspective for Electrochemical
      Machines by Geographic Region/ Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America for the Years 2003, 2010
      and 2017 (includes corresponding Graph/Chart)                        199

      Table 80: World Recent Past, Current and Future Analysis for
      Electrical Discharge Machines by Geographic Region/ Country -
      US, Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           200

      Table 81: World Historic Review for Electrical Discharge
      Machines by Geographic Region / Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         201

      Table 82: World 15-Year Perspective for Electrical Discharge
      Machines by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America for the Years 2003, 2010
      and 2017 (includes corresponding Graph/Chart)                        202

      Table 83: World Recent Past, Current and Future Analysis for
      Coordinate Measuring Machines by Geographic Region/ Country -
      US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2009 through 2017 (includes
      corresponding Graph/Chart)                                           203

      Table 84: World Historic Review for Coordinate Measuring
      Machines by Geographic Region/ Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         204

      Table 85: World 15-Year Perspective for Coordinate Measuring
      Machines by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America for the Years 2003, 2010
      and 2017 (includes corresponding Graph/Chart)                        205
      By End Use Application                                               206
      Table 86: World Recent Past, Current and Future Analysis for
      Machine Tools in Automobile Applications by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America Independently Analyzed by
      Annual Sales in US$ Million for the Years 2009 through 2017
      (includes corresponding Graph/Chart)                                 206

      Table 87: World Historic Review for Machine Tools in
      Automobile Applications by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/ Africa and
      Latin America Independently Analyzed by Annual Sales in US$
      Million for the Years 2003 through 2008 (includes
      corresponding Graph/Chart)                                           207

      Table 88: World 15-Year Perspective for Machine Tools in
      Automobile Applications by Geographic Region/Country -
      Percentage Breakdown of Dollar Sales for US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America for
      the Years 2003, 2010 and 2017 (includes corresponding
      Graph/Chart)                                                         208

      Table 89: World Recent Past, Current and Future Analysis for
      Machine Tools in Aerospace/ Defense Applications by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America Independently Analyzed by
      Annual Sales in US$ Million for the Years 2009 through 2017
      (includes corresponding Graph/Chart)                                 209

      Table 90: World Historic Review for Machine Tools in
      Aerospace/Defense Applications by Geographic Region/ Country -
      US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa
      and Latin America Independently Analyzed by Annual Sales in
      US$ Million for the Years 2003 through 2008 (includes
      corresponding Graph/Chart)                                           210

      Table 91: World 15-Year Perspective for Machine Tools in
      Aerospace/Defense Applications by Geographic Region/ Country -
      Percentage Breakdown of Dollar Sales for US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America for
      the Years 2003, 2010 and 2017 (includes corresponding
      Graph/Chart)                                                         211

      Table 92: World Recent Past, Current and Future Analysis for
      Machine Tools in Non-Electric Machinery & Equipment
      Applications by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2009 through 2017 (includes corresponding Graph/Chart)         212

      Table 93: World Historic Review for Machine Tools in
      Non-Electric Machinery & Equipment Applications by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America Independently Analyzed by
      Annual Sales in US$ Million for the Years 2003 through 2008
      (includes corresponding Graph/Chart)                                 213

      Table 94: World 15-Year Perspective for Machine Tools in
      Non-Electric Machinery & Equipment Applications by Geographic
      Region/Country - Percentage Breakdown of Dollar Sales for US,
      Canada, Japan, Europe, Asia-Pacific, Middle East/Africa and
      Latin America for the Years 2003, 2010 and 2017 (includes
      corresponding Graph/Chart)                                           214

      Table 95: World Recent Past, Current and Future Analysis for
      Machine Tools in Electronics/ Electrical Machinery & Equipment
      Applications by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/ Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2009 through 2017 (includes corresponding Graph/Chart)         215

      Table 96: World Historic Review for Machine Tools in
      Electronics/Electrical Machinery & Equipment Applications by
      Geographic Region/Country - US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         216

      Table 97: World 15-Year Perspective for Machine Tools in
      Electronics/Electrical Machinery & Equipment Applications by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific, Middle
      East/Africa and Latin America for the Years 2003, 2010 and
      2017 (includes corresponding Graph/Chart)                            217

      Table 98: World Recent Past, Current and Future Analysis for
      Machine Tools in Other Applications by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific,
      Middle East/Africa and Latin America Independently Analyzed by
      Annual Sales in US$ Million for the Years 2009 through 2017
      (includes corresponding Graph/Chart)                                 218

      Table 99: World Historic Review for Machine Tools in Other
      Applications by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific, Middle East/Africa and Latin America
      Independently Analyzed by Annual Sales in US$ Million for the
      Years 2003 through 2008 (includes corresponding Graph/Chart)         219

      Table 100: World 15-Year Perspective for Machine Tools in
      Other Applications by Geographic Region/Country - Percentage
      Breakdown of Dollar Sales for US, Canada, Japan, Europe,
      Asia-Pacific, Middle East/Africa and Latin America for the
      Years 2003, 2010 and 2017 (includes corresponding Graph/Chart)       220

  8. THE UNITED STATES                                                     221
      A.Market Analysis                                                    221
        Current and Future Analysis                                        221
        Rising Global Sourcing: US Industry Shedding off its Bulk?         221
        Leading Players                                                    221
         Table 101: US Manufacturing Technology Consumption
         (1Q2011): Percentage Share Breakdown of Metal Cutting and
         Metal Forming Technology by Region - North East, South,
         Midwest, Central, and West (includes corresponding
         Graph/Chart)                                                      221

         Table 102: US Manufacturing Technology Consumption (2011):
         Percentage Share Breakdown of Metal Cutting Technology by
         Region - Northeast, South, Midwest, Central, and West
         (includes corresponding Graph/Chart)                              222

         Table 103: US Manufacturing Technology Consumption
         (1Q2011): Percentage Share Breakdown of Metal Forming
         Technology by Region - Northeast, South, Midwest, Central,
         and West (includes corresponding Graph/Chart)                     222

         Table 104: US Five Axis Simultaneous Machine Tools Market
         (1Q2010): Percentage Share Breakdown of Number of Companies
         in the Supply Chain by Select States (includes
         corresponding Graph/Chart)                                        222

         Table 105: R&D Scenario for US Five Axis Simultaneous
         Machine Tools Market (2010): Percentage Share Breakdown of
         R&D Funds by Funding Source (includes corresponding
         Graph/Chart)                                                      223

         Table 106: US Five Axis Simultaneous Machine Tools Market
         (2010): Percentage Share Breakdown of Volume Sales by
         End-Use Application (includes corresponding Graph/Chart)          223
        Historic Review of the Industry’s Journey Through Time             223
        Focus on Key Players                                               224
      B.Market Analytics                                                   228
        Table 107: US Recent Past, Current and Future Analysis for
        Machine Tools by Product Group/ Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               228

        Table 108: US Historic Review for Machine Tools by Product
        Group/Segment - Metal Cutting Tools (Boring & Drilling
        Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
        Polishing & Buffing Machines, Lathes, Milling Machines,
        Machining Centers, Station Type Machines and Miscellaneous
        Metal Cutting Tools), Metal Forming Tools (Punching &
        Shearing Machines, Bending & Forming Machines, Metal Working
        Presses and Miscellaneous Metal Forming Tools) and Special
        Machine Tools (Water Jet Machines, Laser Machines,
        Electrochemical Machines and Coordinate Measuring Machines)
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2003 through 2008 (includes corresponding
        Graph/Chart)                                                       229

        Table 109: US 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           230

        Table 110: US Recent Past, Current & Future Analysis for
        Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         231

        Table 111: US Historic Review for Machine Tools by End Use
        Application - Automobile, Aerospace/Defense, Non-Electric
        Machinery & Equipment, Electronics/ Electrical Machinery &
        Equipment and Other Applications Independently Analyzed by
        Annual Sales in US$ Million for the Years 2003 through 2008
        (includes corresponding Graph/Chart)                               232

        Table 112: US 15-Year Perspective for Machine Tools by End
        Use Application - Percentage Breakdown of Dollar Sales for
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               233

  9. CANADA                                                                234
      A.Market Analysis                                                    234
        Current and Future Analysis                                        234
        Machine Tools Industry - An Overview                               234
         Distribution Channels                                             234
      B.Market Analytics                                                   235
        Table 113: Canadian Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               235

        Table 114: Canadian Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         236

        Table 115: Canadian 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           237

        Table 116: Canadian Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         238

        Table 117: Canadian Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  239

        Table 118: Canadian 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               240

  10. JAPAN                                                                241
      A.Market Analysis                                                    241
        Current and Future Analysis                                        241
        Japan - One of the Largest Producers of Machine Tools              241
        Key Statistics:                                                    242
         Table 119: Japanese Machining Centers Market (2010):
         Percentage Share Breakdown of Production Value by Leading
         Manufacturers (includes corresponding Graph/Chart)                242

         Table 120: Japanese Numerically Controlled Lathe Market
         (2010): Percentage Share Breakdown of Production Value by
         Leading Manufacturers (includes corresponding Graph/Chart)        242

         Table 121: Japanese Machine Tools Market (2010): Percentage
         Share Breakdown of Orders by Order Type - Domestic &
         Foreign (includes corresponding Graph/Chart)                      243
         A Key Import Market for High Performance Machines                 243
         Japanese Machine Tools Distribution                               243
          Distribution Channels for Machine Tools in Japan                 244
        Market Trends                                                      244
         Japanese Players Eye Overseas Markets, Plans to Expand
          Production Capacities                                            244
         Companies Instigate New Measures to Stay Competitive              244
         Replacement Demand to Fuel Sales                                  245
         Recovery in End Use Industries Fosters Sturdy Growth Climate      245
         Prices Heat Up                                                    245
        Focus on Key Players                                               245
      B.Market Analytics                                                   249
        Table 122: Japanese Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               249

        Table 123: Japanese Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         250

        Table 124: Japanese 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           251

        Table 125: Japanese Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/ Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         252

        Table 126: Japanese Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  253

        Table 127: Japanese 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               254

  11. EUROPE                                                               255
      A.Market Analysis                                                    255
        Current and Future Analysis                                        255
        Machine Tools Industry- An Overview                                255
        Export Driven Market                                               256
        HSK - The New Tooling Standard                                     256
         Applications of HSK Technology                                    256
      B.Market Analytics                                                   258
        Table 128: European Recent Past, Current & Future Analysis
        for Machine Tools by Geographic Region/ Country - France,
        Germany, Italy, UK, Spain, Russia and Rest of Europe
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2009 through 2017 (includes corresponding
        Graph/Chart)                                                       258

        Table 129: European Historic Review for Machine Tools by
        Geographic Region/Country - France, Germany, Italy, UK,
        Spain, Russia and Rest of Europe Independently Analyzed by
        Annual Sales in US$ Million for the Years 2003 through 2008
        (includes corresponding Graph/Chart)                               259

        Table 130: European 15-Year Perspective for Machine Tools by
        Geographic Region/Country - Percentage Breakdown of Dollar
        Sales for France, Germany, Italy, UK, Spain, Russia and Rest
        of Europe for the Years 2003, 2010 and 2017 (includes
        corresponding Graph/Chart)                                         260

        Table 131: European Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               261

        Table 132: European Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         262

        Table 133: European 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           263

        Table 134: European Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         264

        Table 135: European Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  265

        Table 136: European 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               266

  11a. FRANCE                                                              267
       Market Analysis                                                     267
        Table 137: French Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/ Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               268

        Table 138: French Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         269

        Table 139: French 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           270

        Table 140: French Recent Past, Current & Future Analysis for
        Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         271

        Table 141: French Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  272

        Table 142: French 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               273

  11b. GERMANY                                                             274
      A.Market Analysis                                                    274
        Current and Future Analysis                                        274
        German Machine Tools - The Stamp of Excellence                     274
        Edging Out Competition                                             274
         Price Wars from Developing Economies Worry German Machine
          Tool Makers                                                      275
        A Peek into the Market Dynamics                                    275
         Market Movers and Shapers                                         275
         Flexible Manufacturing - Key to Success                           275
         New Technologies - Delivering the ‘Cutting’ Edge                  276
         Value-added Services - Emerging as a Norm                         276
         Integrated Solutions - A Key Trend                                276
         Re-distributing Sources of Income - The Need of the Hour!         276
        Select Players                                                     277
      B.Market Analytics                                                   280
        Table 143: German Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               280

        Table 144: German Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         281

        Table 145: German 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           282

        Table 146: German Recent Past, Current & Future Analysis for
        Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         283

        Table 147: German Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  284

        Table 148: German 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               285

  11c. ITALY                                                               286
      A.Market Analysis                                                    286
        Current and Future Analysis                                        286
        Machine Tools Industry - A Quick Market Primer                     286
        Focus on Select Players                                            286
      B.Market Analytics                                                   288
        Table 149: Italian Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/ Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               288

        Table 150: Italian Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         289

        Table 151: Italian 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           290

        Table 152: Italian Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         291

        Table 153: Italian Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  292

        Table 154: Italian 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               293

  11d. THE UNITED KINGDOM                                                  294
      A.Market Analysis                                                    294
        Current and Future Analysis                                        294
        Industry Overview                                                  294
        Companies Innovate New Technologies to Stay Competitive            294
      B.Market Analytics                                                   295
        Table 155: UK Recent Past, Current and Future Analysis for
        Machine Tools by Product Group/Segment - Metal Cutting Tools
        (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               295

        Table 156: UK Historic Review for Machine Tools by Product
        Group/Segment - Metal Cutting Tools (Boring & Drilling
        Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
        Polishing & Buffing Machines, Lathes, Milling Machines,
        Machining Centers, Station Type Machines and Miscellaneous
        Metal Cutting Tools), Metal Forming Tools (Punching &
        Shearing Machines, Bending & Forming Machines, Metal Working
        Presses and Miscellaneous Metal Forming Tools) and Special
        Machine Tools (Water Jet Machines, Laser Machines,
        Electrochemical Machines and Coordinate Measuring Machines)
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2003 through 2008 (includes corresponding
        Graph/Chart)                                                       296

        Table 157: UK 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           297

        Table 158: UK Recent Past, Current & Future Analysis for
        Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         298

        Table 159: UK Historic Review for Machine Tools by End Use
        Application - Automobile, Aerospace/Defense, Non-Electric
        Machinery & Equipment, Electronics/ Electrical Machinery &
        Equipment and Other Applications Independently Analyzed by
        Annual Sales in US$ Million for the Years 2003 through 2008
        (includes corresponding Graph/Chart)                               299

        Table 160: UK 15-Year Perspective for Machine Tools by End
        Use Application - Percentage Breakdown of Dollar Sales for
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               300

  11e. SPAIN                                                               301
      A.Market Analysis                                                    301
        Current and Future Analysis                                        301
        Overview                                                           301
        Spain Scores High in the International Market                      301
        Flagging off Mergers: Size Does Matter                             302
        Aeronautics & Automotive Sectors Drive Growth                      302
        Key Export Statistics:                                             303
         Table 161: Spanish Machine Tools Export Market (2010):
         Percentage Share Breakdown of Export Value by Leading
         Destination Countries (includes corresponding Graph/Chart)        303

         Table 162: Spanish Machine Tools Export Market (2010):
         Percentage Share Breakdown of Export Value by Product
         (includes corresponding Graph/Chart)                              303
      B.Market Analytics                                                   304
        Table 163: Spanish Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               304

        Table 164: Spanish Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         305

        Table 165: Spanish 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           306

        Table 166: Spanish Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         307

        Table 167: Spanish Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  308

        Table 168: Spanish 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               309

  11f. RUSSIA                                                              310
      A.Market Analysis                                                    310
        Current and Future Analysis                                        310
        Market Overview                                                    310
        Government Gears Up to Revive Industry Fortune                     310
      B.Market Analytics                                                   311
        Table 169: Russian Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               311

        Table 170: Russian Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         312

        Table 171: Russian 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           313

        Table 172: Russian Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         314

        Table 173: Russian Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  315

        Table 174: Russian 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               316

  11g. REST OF EUROPE                                                      317
      A.Market Analysis                                                    317
        Current and Future Analysis                                        317
        Czech Republic - A Long Standing Benchmark of Quality              317
         Metal Cutting Tools - Hogging the Limelight                       317
         Metal Forming Tools- in the Shadows                               317
        Turkey - Key Statistics                                            318
         Table 175: Turkish Metal Working Machine Tools Market
         (2010): Breakdown of Export Value by Product Type                 318

         Table 176: Turkish Metal Working Machine Tools Market
         (2010): Breakdown of Export Value by Destination Country
         (includes corresponding Graph/Chart)                              318
        Focus on Select Players                                            319
      B.Market Analytics                                                   321
        Table 177: Rest of Europe Recent Past, Current & Future
        Analysis for Machine Tools by Geographic Region/Country -
        Austria, Belgium, Croatia, Czech, Denmark, Finland, Hungary,
        Netherlands, Portugal, Romania, Sweden, Switzerland and
        Turkey Independently Analyzed by Annual Sales in US$ Million
        for the Years 2009 through 2017 (includes corresponding
        Graph/Chart)                                                       321

        Table 178: Rest of Europe Historic Review for Machine Tools
        by Geographic Region/Country - Austria, Belgium, Croatia,
        Czech, Denmark, Finland, Hungary, Netherlands, Portugal,
        Romania, Sweden, Switzerland and Turkey Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  322

        Table 179: Rest of Europe 15-Year Perspective for Machine
        Tools by Geographic Region/Country - Percentage Breakdown of
        Dollar Sales for Austria, Belgium, Croatia, Czech, Denmark,
        Finland, Hungary, Netherlands, Portugal, Romania, Sweden,
        Switzerland and Turkey for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               323

        Table 180: Rest of Europe Recent Past, Current and Future
        Analysis for Machine Tools by Product Group/Segment - Metal
        Cutting Tools (Boring & Drilling Machines, Gear Cutting
        Machines, Grinding, Honing, Lapping, Polishing & Buffing
        Machines, Lathes, Milling Machines, Machining Centers,
        Station Type Machines and Miscellaneous Metal Cutting
        Tools), Metal Forming Tools (Punching & Shearing Machines,
        Bending & Forming Machines, Metal Working Presses and
        Miscellaneous Metal Forming Tools) and Special Machine Tools
        (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  324

        Table 181: Rest of Europe Historic Review for Machine Tools
        by Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         325

        Table 182: Rest of Europe 15-Year Perspective for Machine
        Tools by Product Group/ Segment - Percentage Breakdown of
        Dollar Sales for Metal Cutting Tools (Boring & Drilling
        Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
        Polishing & Buffing Machines, Lathes, Milling Machines,
        Machining Centers, Station Type Machines and Miscellaneous
        Metal Cutting Tools), Metal Forming Tools (Punching &
        Shearing Machines, Bending & Forming Machines, Metal Working
        Presses and Miscellaneous Metal Forming Tools) and Special
        Machine Tools (Water Jet Machines, Laser Machines,
        Electrochemical Machines and Coordinate Measuring Machines)
        for the Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       326

        Table 183: Rest of Europe Recent Past, Current & Future
        Analysis for Machine Tools by End Use Application -
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/Electrical Machinery & Equipment and
        Other Applications Independently Analyzed by Annual Sales in
        US$ Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         327

        Table 184: Rest of Europe Historic Review for Machine Tools
        by End Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  328

        Table 185: Rest of Europe 15-Year Perspective for Machine
        Tools by End Use Application - Percentage Breakdown of
        Dollar Sales for Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           329

  12. ASIA-PACIFIC                                                         330
      A.Market Analysis                                                    330
        Current and Future Analysis                                        330
        Ongoing Transition to NC Machine Tools Paints Bright
         Prospects in Asia                                                 330
        Plummeting Margins Vis-à-vis Rising Demand                         330
      B.Market Analytics                                                   331
        Table 186: Asia-Pacific Recent Past, Current & Future
        Analysis for Machine Tools by Geographic Region/ Country -
        China, India, South Korea, Taiwan and Rest of Asia-Pacific
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2009 through 2017 (includes corresponding
        Graph/Chart)                                                       331

        Table 187: Asia-Pacific Historic Review for Machine Tools by
        Geographic Region/Country - China, India, South Korea,
        Taiwan and Rest of Asia-Pacific Independently Analyzed by
        Annual Sales in US$ Million for the Years 2003 through 2008
        (includes corresponding Graph/Chart)                               332

        Table 188: Asia-Pacific 15-Year Perspective for Machine
        Tools by Geographic Region/ Country - Percentage Breakdown
        of Dollar Sales for China, India, South Korea, Taiwan and
        Rest of Asia-Pacific for the Years 2003, 2010 & 2017
        (includes corresponding Graph/Chart)                               333

        Table 189: Asia-Pacific Recent Past, Current and Future
        Analysis for Machine Tools by Product Group/Segment - Metal
        Cutting Tools (Boring & Drilling Machines, Gear Cutting
        Machines, Grinding, Honing, Lapping, Polishing & Buffing
        Machines, Lathes, Milling Machines, Machining Centers,
        Station Type Machines and Miscellaneous Metal Cutting
        Tools), Metal Forming ools (Punching & Shearing Machines,
        Bending & Forming Machines, Metal Working Presses and
        Miscellaneous Metal Forming Tools) and Special Machine Tools
        (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  334

        Table 190: Asia-Pacific Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         335

        Table 191: Asia-Pacific 15-Year Perspective for Machine
        Tools by Product Group/Segment - Percentage Breakdown of
        Dollar Sales for Metal Cutting Tools (Boring & Drilling
        Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
        Polishing & Buffing Machines, Lathes, Milling Machines,
        Machining Centers, Station Type Machines and Miscellaneous
        Metal Cutting Tools), Metal Forming Tools (Punching &
        Shearing Machines, Bending & Forming Machines, Metal Working
        Presses and Miscellaneous Metal Forming Tools) and Special
        Machine Tools (Water Jet Machines, Laser Machines,
        Electrochemical Machines and Coordinate Measuring Machines)
        for the Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       336

        Table 192: Asia-Pacific Recent Past, Current & Future
        Analysis for Machine Tools by End Use Application -
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/Electrical Machinery & Equipment and
        Other Applications Independently Analyzed by Annual Sales in
        US$ Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         337

        Table 193: Asia-Pacific Historic Review for Machine Tools by
        End Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  338

        Table 194: Asia-Pacific 15-Year Perspective for Machine
        Tools by End Use Application - Percentage Breakdown of
        Dollar Sales for Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           339

  12a. CHINA                                                               340
      A.Market Analysis                                                    340
        Demand Buoyed by Steady Growth in End Use Sectors                  340
        China: The World’s Manufacturing Hub!                              340
        Surging Ahead with Technology Penetration                          341
        Surging Ahead with Technology Penetration                          341
        Export Destination of Choice                                       341
        Bright Future Ahead                                                341
        Market Structure                                                   342
         Table 195: Chinese Market for Machine Tools (2010):
         Percentage Breakdown of Sales Revenue by Tool Makers -
         State Owned Enterprises (SOEs), Private Firms, Sino-
         Foreign JV and Foreign Wholly- Owned Companies (includes
         corresponding Graph/Chart)                                        342

         Table 196: Chinese Market for Machine Tools (2010):
         Percentage Breakdown of Ownership by Tool Makers - State
         Owned Enterprises (SOEs), Private Firms, Sino-Foreign JV
         and Foreign Wholly-Owned Companies (includes corresponding
         Graph/Chart)                                                      343
        Alliances become the Buzz of the Day!                              343
        Modest Growth Rates Replace High Growths                           343
        CNC Machine Tools Rise in Popularity                               344
        Challenges Ahead                                                   344
         Table 197: Chinese Market for CNC Systems (2010):
         Percentage Breakdown of Value and Volume Production by
         Machine Type - Economic Type CNC Systems, All-round
         Functional CNC Systems, and Specialized CNC Systems
         (includes corresponding Graph/Chart)                              345
         CNC Machine Tools                                                 345
        Trade Scenario                                                     345
         China and India: Journeying Towards Greater Ties                  345
        Key Statistics:                                                    346
         Table 198: Chinese Machine Tool Imports (2009): Percentage
         Share Breakdown of Value Import by Country (includes
         corresponding Graph/Chart)                                        346

         Table 199: Chinese Machine Tool Exports (2009): Percentage
         Share Breakdown of Value Exports by Country (includes
         corresponding Graph/Chart)                                        346

         Table 200: Chinese Machine Tool Imports (2009): Percentage
         Share Breakdown of Value Imports by Machine Type (includes
         corresponding Graph/Chart)                                        347

         Table 201: Chinese Machine Tool Exports (2009): Percentage
         Share Breakdown of Value Exports by Machine Type (includes
         corresponding Graph/Chart)                                        348

         Table 202: Chinese Machine Tool Market (2010): Percentage
         Share Breakdown of Value Sales by Company (includes
         corresponding Graph/Chart)                                        349
        Focus on Select Players                                            349
      B.Market Analytics                                                   352
        Table 203: Chinese Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               352

        Table 204: Chinese Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         353

        Table 205: Chinese 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           354

        Table 206: Chinese Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         355

        Table 207: Chinese Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  356

        Table 208: Chinese 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               357

  12b. INDIA                                                               358
      A.Market Analysis                                                    358
        Outlook                                                            358
        Overview                                                           358
         Industry Structure                                                359
        Key Statistics                                                     360
         Table 209: Indian Machine Tools Market (2010-2014): Annual
         Breakdown of Per-Capita Consumption (US$) (includes
         corresponding Graph/Chart)                                        360

         Table 210: Indian Machine Tools Market (2010): Percentage
         Share Breakdown of Production Value by Product Type
         (includes corresponding Graph/Chart)                              360

         Table 211: Indian Machine Tools Market (2010): Percentage
         Share Breakdown of Number of Companies by Class (includes
         corresponding Graph/Chart)                                        360

         Table 212: Indian Machine Tools Market (2010): Percentage
         Share Breakdown of Number of Manufacturers by State
         (includes corresponding Graph/Chart)                              361
         User Segments                                                     361
        Strengths                                                          362
        Factors Affecting the Industry                                     362
         Government Policies                                               362
         Obsolete Technologies                                             362
         Lack of Budgetary Support to Public Sector Undertakings           363
         Cheap Second Hand Imports                                         363
         Under Equipped Local Manufacturers                                363
         Increasing Imports: A Real Challenge for Domestic
          Manufacturers                                                    363
        Overcoming the Kinks for a Bright Future                           364
        Way Forward                                                        364
        Market Trends                                                      365
         Strapping Up for a Robust Takeoff in Exports                      365
         Indian Producers Targeting Export Market                          365
         Outsourcing Market Posts Sturdy Gains                             365
         Rampant Restructuring of Public & Private Enterprises
          Paints Greener Avenues                                           365
        Focus on Key Players                                               366
      B.Market Analytics                                                   367
        Table 213: Indian Recent Past, Current and Future Analysis
        for Machine Tools by Product Group/ Segment - Metal Cutting
        Tools (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               367

        Table 214: Indian Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         368

        Table 215: Indian 15-Year Perspective for Machine Tools by
        Product Group/Segment - Percentage Breakdown of Dollar Sales
        for Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           369

        Table 216: Indian Recent Past, Current & Future Analysis for
        Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         370

        Table 217: Indian Historic Review for Machine Tools by End
        Use Application - Automobile, Aerospace/Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  371

        Table 218: Indian 15-Year Perspective for Machine Tools by
        End Use Application - Percentage Breakdown of Dollar Sales
        for Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications for the Years 2003, 2010 and 2017
        (includes corresponding Graph/Chart)                               372

  12c. SOUTH KOREA                                                         373
      A.Market Analysis                                                    373
        Current & Future Analysis                                          373
        Market Primer                                                      373
         Table 219: Korean Machine Tools Market (2010): Percentage
         Share Breakdown of Orders by Industry Segment (includes
         corresponding Graph/Chart)                                        374
        CNC Machines Represent Major Segment                               374
        Market Witnesses Influx of Global Giants                           374
        Import Scenario                                                    374
        Background                                                         375
        Key Players                                                        375
      B.Market Analytics                                                   377
        Table 220: South Korean Recent Past, Current and Future
        Analysis for Machine Tools by Product Group/ Segment - Metal
        Cutting Tools (Boring & Drilling Machines, Gear Cutting
        Machines, Grinding, Honing, Lapping, Polishing & Buffing
        Machines, Lathes, Milling Machines, Machining Centers,
        Station Type Machines and Miscellaneous Metal Cutting
        Tools), Metal Forming Tools (Punching & Shearing Machines,
        Bending & Forming Machines, Metal Working Presses and
        Miscellaneous Metal Forming Tools) and Special Machine Tools
        (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  377

        Table 221: South Korean Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         378

        Table 222: South Korean 15-Year Perspective for Machine
        Tools by Product Group/ Segment - Percentage Breakdown of
        Dollar Sales for Metal Cutting Tools (Boring & Drilling
        Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
        Polishing & Buffing Machines, Lathes, Milling Machines,
        Machining Centers, Station Type Machines and Miscellaneous
        Metal Cutting Tools), Metal Forming Tools (Punching &
        Shearing Machines, Bending & Forming Machines, Metal Working
        Presses and Miscellaneous Metal Forming Tools) and Special
        Machine Tools (Water Jet Machines, Laser Machines,
        Electrochemical Machines and Coordinate Measuring Machines)
        for the Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       379

        Table 223: South Korean Recent Past, Current & Future
        Analysis for Machine Tools by End Use Application -
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications Independently Analyzed by Annual Sales in
        US$ Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         380

        Table 224: South Korean Historic Review for Machine Tools by
        End Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  381

        Table 225: South Korean 15-Year Perspective for Machine
        Tools by End Use Application - Percentage Breakdown of
        Dollar Sales for Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           382

  12d. TAIWAN                                                              383
      A.Market Analysis                                                    383
        Current & Future Analysis                                          383
        A Quick Climb                                                      383
        On a Fast Track                                                    383
         Table 226: Taiwanese Machinery Industry (2010): Percentage
         Share Breakdown of Number of Operators by Scale of Revenue
         Turnover (includes corresponding Graph/Chart)                     384
        Players Pick up the Quality Note                                   384
        Taiwan - A Major Exporter of Machine Tools                         384
         Table 227: Taiwan Machine Tools Market (2009): Percentage
         Share Breakdown of Export Value by Product Type (includes
         corresponding Graph/Chart)                                        385
         New Import Restrictions in China Affect Exports                   385
        Imports                                                            386
         Table 228: Taiwan Machine Tools Market (2009): Percentage
         Share Breakdown of Import Value by Product Type (includes
         corresponding Graph/Chart)                                        386
        Focus on Select Player                                             387
      B.Market Analytics                                                   388
        Table 229: Taiwanese Recent Past, Current and Future
        Analysis for Machine Tools by Product Group/Segment - Metal
        Cutting Tools (Boring & Drilling Machines, Gear Cutting
        Machines, Grinding, Honing, Lapping, Polishing & Buffing
        Machines, Lathes, Milling Machines, Machining Centers,
        Station Type Machines and Miscellaneous Metal Cutting
        Tools), Metal Forming Tools (Punching & Shearing Machines,
        Bending & Forming Machines, Metal Working Presses and
        Miscellaneous Metal Forming Tools) and Special Machine Tools
        (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  388

        Table 230: Taiwanese Historic Review for Machine Tools by
        Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         389

        Table 231: Taiwanese 15-Year Perspective for Machine Tools
        by Product Group/Segment - Percentage Breakdown of Dollar
        Sales for Metal Cutting Tools (Boring & Drilling Machines,
        Gear Cutting Machines, Grinding, Honing, Lapping, Polishing
        & Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           390

        Table 232: Taiwanese Recent Past, Current & Future Analysis
        for Machine Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         391

        Table 233: Taiwanese Historic Review for Machine Tools by
        End Use Application - Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  392

        Table 234: Taiwanese 15-Year Perspective for Machine Tools
        by End Use Application - Percentage Breakdown of Dollar
        Sales for Automobile, Aerospace/Defense, Non-Electric
        Machinery & Equipment, Electronics/ Electrical Machinery &
        Equipment and Other Applications for the Years 2003, 2010
        and 2017 (includes corresponding Graph/Chart)                      393

  12e. REST OF ASIA-PACIFIC                                                394
      A.Market Analysis                                                    394
        Current & Future Analysis                                          394
        Focus on Select Regional Markets                                   394
         Australia: Production Limited to Customized Machinery             394
         Indonesia: High Import Penetration                                394
          NC Machine Tools are the Engines of Growth                       394
         The Philippines                                                   395
          Electronics Industry - A Major Market for Machine Tools          395
          Japanese Companies Dominate Imports Market                       395
      B.Market Analytics                                                   396
        Table 235: Rest of Asia-Pacific Recent Past, Current &
        Future Analysis for Machine Tools by Geographic
        Region/Country - Australia, Thailand and Others
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2009 through 2017 (includes corresponding
        Graph/Chart)                                                       396

        Table 236: Rest of Asia-Pacific Historic Review for Machine
        Tools by Geographic Region/Country - Australia, Thailand and
        Others Independently Analyzed by Annual Sales in US$ Million
        for the Years 2003 through 2008 (includes corresponding
        Graph/Chart)                                                       397

        Table 237: Rest of Asia-Pacific 15-Year Perspective for
        Machine Tools by Geographic Region/Country - Percentage
        Breakdown of Dollar Sales for Australia, Thailand and Others
        for the Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       398

        Table 238: Rest of Asia-Pacific Recent Past, Current and
        Future Analysis for Machine Tools by Product Group/ Segment- 
        Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  399

        Table 239: Rest of Asia-Pacific Historic Review for Machine
        Tools by Product Group/ Segment - Metal Cutting Tools
        (Boring & Drilling Machines, Gear Cutting Machines,
        Grinding, Honing, Lapping, Polishing & Buffing Machines,
        Lathes, Milling Machines, Machining Centers, Station Type
        Machines and Miscellaneous Metal Cutting Tools), Metal
        Forming Tools (Punching & Shearing Machines, Bending &
        Forming Machines, Metal Working Presses and Miscellaneous
        Metal Forming Tools) and Special Machine Tools (Water Jet
        Machines, Laser Machines, Electrochemical Machines and
        Coordinate Measuring Machines) Independently Analyzed by
        Annual Sales in US$ Million for the Years 2003 through 2008
        (includes corresponding Graph/Chart)                               400

        Table 240: Rest of Asia-Pacific 15-Year Perspective for
        Machine Tools by Product Group/ Segment - Percentage
        Breakdown of Dollar Sales for Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) for the Years 2003, 2010 and 2017 (includes
        corresponding Graph/Chart)                                         401

        Table 241: Rest of Asia-Pacific Recent Past, Current &
        Future Analysis for Machine Tools by End Use Application -
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/Electrical Machinery & Equipment and
        Other Applications Independently Analyzed by Annual Sales in
        US$ Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         402

        Table 242: Rest of Asia-Pacific Historic Review for Machine
        Tools by End Use Application - Automobile, Aerospace/
        Defense, Non-Electric Machinery & Equipment, Electronics/
        Electrical Machinery & Equipment and Other Applications
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2003 through 2008 (includes corresponding
        Graph/Chart)                                                       403

        Table 243: Rest of Asia-Pacific 15-Year Perspective for
        Machine Tools by End Use Application - Percentage Breakdown
        of Dollar Sales for Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and
 Other Applications for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           404

  13. MIDDLE EAST/AFRICA                                                   405
      A.Market Analysis                                                    405
        Current and Future Analysis                                        405
        Select Regional Markets                                            405
        Egypt: Propped by Privatization of Public Enterprises              405
         User Segments                                                     405
        South Africa: Opportunities Galore for Overseas Exporters          405
         Tax Cuts Boost Machine Tool Imports                               405
         CNCs Soar High                                                    406
         Players                                                           406
        Key Statistics:                                                    406
         Table 244: South African Mining/Cutting Tool Market (2010):
         Percentage Share Breakdown of Key Players (includes
         corresponding Graph/Chart)                                        406
      B.Market Analytics                                                   407
        Table 245: Middle East/Africa Recent Past, Current & Future
        Analysis for Machine Tools by Geographic Region/ Country -
        South Africa and Others Independently Analyzed by Annual
        Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               407

        Table 246: Middle East/Africa Historic Review for Machine
        Tools by Geographic Region/Country - South Africa and Others
        Independently Analyzed by Annual Sales in US$ Million for
        the Years 2003 through 2008 (includes corresponding
        Graph/Chart)                                                       408

        Table 247: Middle East/Africa 15-Year Perspective for
        Machine Tools by Geographic Region/Country - Percentage
        Breakdown of Dollar Sales for South Africa and Others for
        the Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       409

        Table 248: Middle East/Africa Recent Past, Current and
        Future Analysis for Machine Tools by Product Group/ Segment
        - Metal Cutting Tools (Boring & Drilling Machines, Gear
        Cutting Machines, Grinding, Honing, Lapping, Polishing &
        Buffing Machines, Lathes, Milling Machines, Machining
        Centers, Station Type Machines and Miscellaneous Metal
        Cutting Tools), Metal Forming Tools (Punching & Shearing
        Machines, Bending & Forming Machines, Metal Working Presses
        and Miscellaneous Metal Forming Tools) and Special Machine
        Tools (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  410

        Table 249: Middle East/Africa Historic Review for Machine
        Tools by Product Group/Segment - Metal Cutting Tools (Boring
        & Drilling Machines, Gear Cutting Machines, Grinding,
        Honing, Lapping, Polishing & Buffing Machines, Lathes,
        Milling Machines, Machining Centers, Station Type Machines
        and Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         411

        Table 250: Middle East/Africa 15-Year Perspective for
        Machine Tools by Product Group/ Segment - Percentage
        Breakdown of Dollar Sales for Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) for the Years 2003, 2010 and 2017 (includes
        corresponding Graph/Chart)                                         412

        Table 251: Middle East/Africa Recent Past, Current & Future
        Analysis for Machine Tools by End Use Application -
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/ Electrical Machinery & Equipment and
        Other Applications Independently Analyzed by Annual Sales in
        US$ Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         413

        Table 252: Middle East/Africa Historic Review for Machine
        Tools by End Use Application - Automobile,
        Aerospace/Defense, Non-Electric Machinery & Equipment,
        Electronics/ Electrical Machinery & Equipment and Other
        Applications Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         414

        Table 253: Middle East/Africa 15-Year Perspective for
        Machine Tools by End Use Application - Percentage Breakdown
        of Dollar Sales for Automobile, Aerospace/Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           415

  14. LATIN AMERICA                                                        416
      A.Market Analysis                                                    416
        Current and Future Analysis                                        416
        Focus on Select Regional Markets                                   416
         Brazil - An Overview                                              416
          Picking Up Pace                                                  417
         Colombia: Limited Local Production                                417
         Mexico: Buoyed by the Energetic Steel Industry                    417
         Argentina: Import Scenario                                        418
          Table 254: Argentina Machine Tools Market (2010):
          Percentage Share Breakdown of Value of Imports by Source
          Country (includes corresponding Graph/Chart)                     418
      B.Market Analytics                                                   418
        Table 255: Latin America Recent Past, Current & Future
        Analysis for Machine Tools by Geographic Region/Country -
        Brazil and Rest of Latin America Independently Analyzed by
        Annual Sales in US$ Million for the Years 2009 through 2017
        (includes corresponding Graph/Chart)                               418

        Table 256: Latin America Historic Review for Machine Tools
        by Geographic Region/Country - Brazil and Rest of Latin
        America Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         419

        Table 257: Latin America 15-Year Perspective for Machine
        Tools by Geographic Region/Country - Percentage Breakdown of
        Dollar Sales for Brazil and Rest of Latin America for the
        Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       420

        Table 258: Latin American Recent Past, Current and Future
        Analysis for Machine Tools by Product Group/ Segment - Metal
        Cutting Tools (Boring & Drilling Machines, Gear Cutting
        Machines, Grinding, Honing, Lapping, Polishing & Buffing
        Machines, Lathes, Milling Machines, Machining Centers,
        Station Type Machines and Miscellaneous Metal Cutting
        Tools), Metal Forming Tools (Punching & Shearing Machines,
        Bending & Forming Machines, Metal Working Presses and
        Miscellaneous Metal Forming Tools) and Special Machine Tools
        (Water Jet Machines, Laser Machines, Electrochemical
        Machines and Coordinate Measuring Machines) Independently
        Analyzed by Annual Sales in US$ Million for the Years 2009
        through 2017 (includes corresponding Graph/Chart)                  421

        Table 259: Latin American Historic Review for Machine Tools
        by Product Group/Segment - Metal Cutting Tools (Boring &
        Drilling Machines, Gear Cutting Machines, Grinding, Honing,
        Lapping, Polishing & Buffing Machines, Lathes, Milling
        Machines, Machining Centers, Station Type Machines and
        Miscellaneous Metal Cutting Tools), Metal Forming Tools
        (Punching & Shearing Machines, Bending & Forming Machines,
        Metal Working Presses and Miscellaneous Metal Forming Tools)
        and Special Machine Tools (Water Jet Machines, Laser
        Machines, Electrochemical Machines and Coordinate Measuring
        Machines) Independently Analyzed by Annual Sales in US$
        Million for the Years 2003 through 2008 (includes
        corresponding Graph/Chart)                                         422

        Table 260: Latin American 15-Year Perspective for Machine
        Tools by Product Group/ Segment - Percentage Breakdown of
        Dollar Sales for Metal Cutting Tools (Boring & Drilling
        Machines, Gear Cutting Machines, Grinding, Honing, Lapping,
        Polishing & Buffing Machines, Lathes, Milling Machines,
        Machining Centers, Station Type Machines and Miscellaneous
        Metal Cutting Tools), Metal Forming Tools (Punching &
        Shearing Machines, Bending & Forming Machines, Metal Working
        Presses and Miscellaneous Metal Forming Tools) and Special
        Machine Tools (Water Jet Machines, Laser Machines,
        Electrochemical Machines and Coordinate Measuring Machines)
        for the Years 2003, 2010 and 2017 (includes corresponding
        Graph/Chart)                                                       423

        Table 261: Latin American Recent Past, Current & Future
        Analysis for Machine Tools by End Use Application -
        Automobile, Aerospace/Defense, Non-Electric Machinery &
        Equipment, Electronics/Electrical Machinery & Equipment and
        Other Applications Independently Analyzed by Annual Sales in
        US$ Million for the Years 2009 through 2017 (includes
        corresponding Graph/Chart)                                         424

        Table 262: Latin American Historic Review for Machine Tools
        by End Use Application - Automobile, Aerospace/Defense,
        Non-Electric Machinery & Equipment, Electronics/ Electrical
        Machinery & Equipment and Other Applications Independently
        Analyzed by Annual Sales in US$ Million for the Years 2003
        through 2008 (includes corresponding Graph/Chart)                  425

        Table 263: Latin American 15-Year Perspective for Machine
        Tools by End Use Application - Percentage Breakdown of
        Dollar Sales for Automobile, Aerospace/ Defense,
        Non-Electric Machinery & Equipment, Electronics/Electrical
        Machinery & Equipment and Other Applications for the Years
        2003, 2010 and 2017 (includes corresponding Graph/Chart)           426


 COMPETITIVE LANDSCAPE

     Total Companies Profiled: 528 (including Divisions/Subsidiaries - 564)

     ------------------------------------------
     Region/Country                     Players
     ------------------------------------------
     The United States                     57
     Canada                                 5
     Japan                                 26
     Europe                               345
          France                           19
          Germany                         117
          The United Kingdom               63
          Italy                            50
          Spain                            16
          Rest of Europe                   80
     Asia-Pacific (Excluding Japan)       127
     Latin America                          1
     Africa                                 2
     Middle East                            1
     ------------------------------------------