Machine Tool Market is Poised to Grow at a CAGR of 5.1% to Reach US$ 117.74 Billion by 2034
Worldwide sales of machine tools are expected to reach US$ 71.6 billion in 2024. The global machine tool market has been forecast to expand at a 5.1% CAGR and ascend to a valuation of US$ 117.74 billion by the end of 2034. Machine tools are equipment used to handle and machine metal or other hard materials. Milling machines are extremely adaptable and assist in a wide range of tasks...
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