Machine Tools Market Challenges: Addressing Supply Chain...

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2024-10-07 11:44:48 -

Machine Tools Market Challenges: Addressing Supply Chain Disruptions and Costs

The global machine tools market size is expected to reach USD 137.43 billion by 2030, registering to grow at a CAGR of 5.8% from 2024 to 2030 according to a new report by Grand View Research, Inc. The increased need for higher efficiency and precision in complex machining tools, as well as lower operating costs in industries, such as aerospace, automotive, and defense, have led to an increased...

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