Italy’s machine tool industry saw a contraction in 2024, with production down 6.2% to €6.74 billion. Domestic consumption fell sharply, but exports told a different story: growing by 4.4% to €4.4 billion, a testament to the international demand for specialized, high-performance manufacturing solutions.
Looking ahead, 2025 is expected to mark a return to growth:
📈 Production +8%
📈 Consumption +8%
📈 Export +5%
Meanwhile, the global machine tool market is projected to hit $106.59 billion by 2025, with a CAGR of 2.92% through 2030 (source: Market Research Future, VDW). The Asia-Pacific region remains dominant, with India emerging as the fastest-growing market at ~5% CAGR over the next five years — driven by automation, reshoring, and industrial upgrades.
This isn’t just a market rebound. It’s a shift — toward smarter, more integrated manufacturing ecosystems. Technologies like AI, IoT, real-time data integration, and additive manufacturing are no longer buzzwords. They’re becoming baseline requirements.
Speed, customization, efficiency — the future belongs to machines that do more, and do it smarter.
At Minganti Global AB, we don’t just keep up with change. We engineer for what’s next. Our roots are in Sweden. Our operations are in Italy. Our mindset is global.
We specialize in custom-built vertical lathes and complex industrial projects, delivered with speed, structure, and precision. And we don’t do it alone — we work with elite technology partners like:
Together, we deliver machines that aren’t just engineered to perform — they’re engineered to lead.
The landscape is changing fast. If you're looking for a partner who speaks the language of innovation fluently — and backs it up with proven execution — you’re in the right place.
Want to Go Deeper? Here’s What We Read
UCIMU – Sistemi per Produrre Previsioni per l’industria italiana costruttrice di macchine utensili 2024-2025 https://www.ucimu.it (20 Dicember 2024)
Market Research Future Machine Tools Market Size and Growth Report (2024–2030) https://www.marketresearchfuture.com/reports/machine-tools-market-7066
VDW – Verein Deutscher Werkzeugmaschinenfabriken (German Machine Tool Builders’ Association) Machine Tool Market Trends and Forecast 2025 https://www.vdw.de
Statista Global Machine Tools Market Value Forecast (2020–2030) https://www.statista.com/statistics/1164640/global-machine-tools-market-size/
IMTMA – Indian Machine Tool Manufacturers’ Association India: Emerging Market Analysis & Growth Outlook https://www.imtma.in