Astute Analytica’s recently published report on the Global Machine Tools Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
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The Global Machine Tools Market is estimated to generate a revenue of US$ 114.3 Bn by 2031 from US$ 75.2 Bn in 2022, registering a CAGR of 4.7% over the period 2023-2031. The paper discusses further findings that researchers made based on the comprehensive data and also offered information on the state of the market.
The article discusses kinds and applications based on various nations and essential locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
- Ace Micromatic Group
- Amada Co. Ltd.
- CHIRON Group
- Dalian Machine Tool Group Corporation (DMTG)
- DMG MORI
- Doosan Machine Tools Co. Ltd.
- Electronica Hitech Engineering Pvt. Ltd.
- Georg Fischer Ltd
- Gleason Corporation
- GROB-WERKE GmbH & Co. KG
- Haas Automation Inc.
- Hyundai WIA
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
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Segmentation Overview
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
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Malaysia
- Singapore
- Thailand
- Indonesia
- Cambodia
- Vietnam
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- Turkey
- Egypt
- South Africa
- Nigeria
- Rest of MEA
- South America
- Argentina
- Brazil
- Columbia
- Rest of South America
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