Machine Tools Market To Exhibit Increased Demand In Coming Years


Key Segments of the Machine Tools Market

By Product Type

By End-Use

By Region

Key Takeaways of the Machine tools Market

– Global machine tools market is expected to create an absolute $ opportunity of more than US$ 26 Bn and is anticipated to expand 1.4X from 2020 through 2030 – Metal cutting machine tools are projected to surpass market valuation of US$ 94 Bn by the end of 2030 – Electrical & Electronics end use segment is anticipated to grow, gaining 171 BPS over the course of forecast duration – South Asia is projected to grow 1.2X faster than East Asia. However, East Asia is estimated to account for major chunk of demand pie by the end of the forecast period

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