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Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

SK-C2822 August 2024 Factsheet

Revenue

€221.9m

2019-2024 4.1 %
2024-2029 X.X %

Employees

2,658

2019-2024 0.6 %
2024-2029 X.X %

Businesses

57

2019-2024 3.5 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Slovakia compared to Europe?

Country Benchmarking

Industry Data Slovakia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#18 In Europe
Business
#25 In Europe
Employees
#14 In Europe
Wages
#19 In Europe

View industry report for Europe

Major influences on the European Metal Forming Machinery and Machine Tool manufacturing industry include motor vehicle and aerospace manufacturers, major sheet metal purchasers and high-precision machinery. Over the five years through 2024, industry revenue is expected to contract at a compound annual rate of 6.5% to €43.1 billion, including a dip of 1.5% in 2024. Car production in the EU has remained below pre-pandemic levels. ACEA data reveals that 2022’s output was approximately 3.1 million units below 2019. The automotive industry requires large quantities of sheet metal; therefore, the dwindling production numbers indicate a shrinking sales pool for manufacturers to tap into. Commercial air traffic also remains down on pre-pandemic levels in many European countries, leading to a slowdown in order intake from aerospace manufacturers.

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Enterprises
Number of businesses in 2024

Biggest companies in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia in 2024?

The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia is €221.9m in 2024.

How many businesses are there in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry in 2024?

There are 57 businesses in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia, which has grown at a CAGR of 3.5 % between 2019 and 2024.

Has the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia grown or declined over the past 5 years?

The market size of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia has been declining at a CAGR of 4.1 % between 2019 and 2024.

What is the forecast growth of the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia over the next 5 years?

Over the next five years, the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia is expected to grow.

What does the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia include?

Metal cutting machine tools and Forming machine tools are part of the Metal-Forming Machinery & Machine Tool Manufacturing industry.

How competitive is the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia?

The level of competition is moderate and increasing in the Metal-Forming Machinery & Machine Tool Manufacturing industry in Slovakia.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

This industry includes the manufacture of machine tools for drilling, turning, milling, bending and pressing. The industry also includes the manufacture of machine tools that use laser beams, ultrasonic waves, plasma arcs and magnetic pulses to process all materials.

Related Terms

COMPUTER NUMERIC CONTROLLATHES 3D PRINTING

What's included in this industry?

Metal cutting machine toolsForming machine toolsParts and accessories for machine tools

Companies

Industry Code

ISIC 2006

2822 - Manufacture of metal-forming machinery and machine tools in Slovakia

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry?


Outlook

Analysis

What's driving the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry outlook?


Volatility

Analysis

What influences volatility in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

High-precision machinery is in vogue. Key downstream industries like automobile and aircraft producers are seeking partnerships with manufacturers of high-precision, semi-autonomous machinery to boost the productivity of their factories.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry's products and services performing?

Analysis

What are innovations in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry?


International Trade

Highlights

  • Total Imports into Slovakia
  • Total Exports into Slovakia
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Concentration in the industry is moderate. While a few companies hold a significant share of the industry, there’s a large number of SMEs specialising in niche products or serving regional markets.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Product safety is a paramount concern. The main regulation affecting manufacturers is how safe their machinery is to operate, although this is decreasing in importance as more and more machines are remotely operated via computers.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Key input prices can fluctuate heavily. Manufacturers of machinery require regular shipments of raw materials like steel, aluminium and other metals, whose costs can rise and fall regularly, adding volatility to profit.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Metal-Forming Machinery & Machine Tool Manufacturing in Slovakia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.