Machine Tool Market Growth Analysis and Regional Outlook 2025–2032
The Machine Tool Market, valued at USD 140.55 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 6% from 2025 to 2032, reaching approximately USD 224.02 billion by 2032. This growth is fueled by the increasing adoption of computer numerical control (CNC) technology, the integration of additive manufacturing, and the rising demand for precision engineering...
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