Market Research Report
Global Machine Tools Market 2018-2022
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||235944|
|Published||Content info||111 Pages
|Global Machine Tools Market 2018-2022|
|Published: May 31, 2018||Content info: 111 Pages||
Machine tool is used to shape metals or other rigid materials by grinding, boring, shearing, cutting, or by deforming. These tools can be conventional or numerically controlled, based on the mode of operation.
Technavio's analysts forecast the Global Machine Tools Market to grow at a CAGR of 7.1% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the machine tools market. To calculate the market size, the report considers the revenue generated from the sales of product such as machining centers, turning machines, and grinding machines, to end-users such as automotive, industrial machinery, precision engineering, transportation, and others.
The market is divided into the following segments based on geography:
Technavio's report, Global Machine Tools Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.