Global Machine Tools Market: Current Trends and Future Growth
The Global Machine Tools Industry is projected to grow from a market size of USD 77.0 billion in 2019 to USD 98.3 billion in 2027 at a CAGR of 3.2% during the period (2019-2027).
The machine tool industry has evolved with the development of both hardware technology and software applications. This has resulted in machines becoming faster, intelligent, and versatile. Advanced CAM technology is being...