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Machine Tools Market – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

Global Machine Tools Market (By Product-Milling Machine, Lathe Machine, Laser Machine, Drilling Machine, Turning Machine, Grinding Machine, Electrical Discharge Machine, Machining Centers; By Automation Type- CNC Machine Tools, Conventional Machine Tools; By Industry-Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Others; By Sales Channel- Dealers and Distributors, Events and Exhibitions; By Region- North America, Europe, Asia Pacific, Middle East & Africa (MEA) and South America) – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

During the forecast period from 2021-2027, the global machine tool market is forecast to grow at a CAGR of 4.7%. Following the recovery from Covid-19 in some countries, the industry for machine tools is expected to see moderate growth, reaching an almost 3% growth rate in 2021. It will take another 1 to 2 years for the market to regain its pre-covid growth rate. Read More

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  • Published On: 08-Sep-2021  |  Format: pdfpowerpointexcel  |  Report ID: AA0921094

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