Overview

IBISWorld’s Industry Market Report on Machine Shop Services in California is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Industry revenue will expand as demand from downstream markets increases
  • Business operators have increased their output capacity by purchasing additional machines
  • The increase in demand from machine manufacturers will further help drive revenue growth

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    Industry Analysis & Industry Trends

    The Machine Shop Services industry in California includes services such as milling, turning, grinding, electrical discharge machining, electrochemical machining and nontraditional machining methods. Machine services are used to shape a particular material to precise specifications. Products produced in this industry are often used as components in a manufacturing process and end products. Revenue is largely derived from key downstream markets such as metal forgers and stampers, manufacturers and medical markets. Over the five years to 2022, the Machine Shop Services industry in California is anticipated to continue growing...

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    Industry Report - Industry Products Chapter

    Machinists provide a wide range of inputs for manufacturers. Inputs provided by machinists are generally metal cut, shaped or modified in a way to meet certain specifications. Machine shops perform custom work for clients or produce generic products that can sold to a wide range of downstream industries. Computer numerical control machines (CNC) are generally less expensive than moles and presses, though they can be more time consuming to use. Machining services, such as milling and turning, are often used to produce a product where precise dimensions and specifications are required. Giv..

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    Additional Insights for the Machine Shop Services in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Machine Shop Services in California Industry are

  • Ability to quickly adopt new technology
  • Effective quality control
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Demand from metal stamping and forging and Industrial production index in the Machine Shop Services in California industry impact industry performance..

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    Industry Products

    What is the Machine Shop Services in California Industry?

    The Machine Shop Services industry cuts raw materials into specified shapes and sizes using a variety of tools, such as lathes, milling machines, grinders and drill presses. Almost all forms of metal product fabrication involve machining and industry operators may also machine plastic and composite materials.

    Industry Products
    Milling
    Turning
    Grinding
    Electrical discharge machining and electrochemical machining
    Industry Activities
    Turning services to produce cylindrical components
    Drilling and boring services
    Manual and computer numerical control (CNC) milling services
    Sawing services
    Broaching services to enlarge existing holes
    Fastening services using automatic screw machines
    Grinding and planing services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from metal stamping and forging
  • Industrial production index
  • Demand from machinery manufacturing
  • Demand from car and automobile manufacturing

  • Current Performance
  • Manufacturing promotes growth
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Support from manufacturing continues
  • Industry landscape
  • Table: Machine Shop Services in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Machine Shop Services in California Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Metal Stamping & Forging
  • Screw, Nut & Bolt Manufacturing
  • Tractors & Agricultural Machinery Manufacturing
  • Construction Machinery Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing
  • Engine & Turbine Manufacturing
  • Wind Turbine Manufacturing
  • Power Tools & Other General Purpose Machinery Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Tank & Armored Vehicle Manufacturing

  • Key Selling Industries
  • Aluminum Manufacturing
  • Copper Rolling, Drawing & Extruding
  • Ferrous Metal Foundry Products
  • Metal Pipe & Tube Manufacturing
  • Metal Stamping & Forging
  • Metalworking Machinery Manufacturing
  • Screw, Nut & Bolt Manufacturing
  • Tool & Hardware Wholesaling

  • Products & Services
  • Milling
  • Turning
  • Other
  • Grinding
  • Electrical discharge machining and electrochemical machining
  • Chart: Machine Shop Services in California Industry Products and Services Segmentation

  • Major Markets
  • Fabricated metal products markets
  • Industrial machinery and equipment markets
  • Other markets
  • Automotive, transportation and off-highway vehicle markets
  • Medical markets
  • Chart: Major Market Segmentation for the Machine Shop Services in California Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Machine Shop Services in California

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Machine Shop Services in California Industry

  • Major Companies
    Advanced Machining & Tooling Inc.MKT InnovationsPacific ContoursSenga EngineeringTitan America MFG
  • Table: Advanced Machining & Tooling Inc. - financial performance
  • Table: MKT Innovations - financial performance
  • Table: Pacific Contours - financial performance
  • Table: Senga Engineering - financial performance
  • Table: Titan America MFG - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Machine Shop Services in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Machine Shop Services in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Industrial Production Index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Billet
  • A semi-finished piece of metal or other material shaped by machinists; this can also be called a workpiece.
  • Boring
  • The process where a predrilled hole is enlarged with a tool.
  • Computer Numeric Control (Cnc)
  • The automation of machine tools operated by abstractly programmed commands encoded in a computer, as opposed to manually controlled via handwheels or levers, or mechanically automated via cams alone.
  • Electrical Discharge Machining (Edm)
  • A manufacturing process that involves making intricate cuts into metals that have already undergone tempering.
  • Electrochemical Machining (Ecm)
  • A manufacturing process that uses a form of electrolysis to remove metal from an object.
  • Industrial Production Index
  • An economic indicator that measures real production output including manufacturing, mining, and utilities.
  • Machine Shop
  • An establishment where machining takes place.
  • Milling
  • The process where a rotating cutting tool is used to carve or shape a stationary object.
  • Turning
  • An industry process that uses an edged cutting tool to remove material from a rotating object to create or improve the object's cylindrical shape.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Machine Shop Services in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Machine Shop Services in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Machine Shop Services in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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