Global machine tool manufacturing market to 2020

Global machine tool manufacturing market to 2020

The market should reach $88.2 billion by 2020, growing at a compound annual growth rate (CAGR) of 1.4%.

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Machining/Metal Cutting

Cleveland, Ohio – The "Machine Tool Manufacturing: Global Markets to 2020" report indicates the global market for machine tool manufacturing reached $83.5 billion in 2016. The market should reach $88.2 billion by 2020, growing at a compound annual growth rate (CAGR) of 1.4% from 2016 to 2020.

The report includes:

  • An overview of the global market for machine tool manufacturing
  • Analyses of global market trends, with data from 2012 through 2016, estimates for 2017, and projections of CAGRs through 2020
  • Characterization and quantification of the potential of the market by region and by products
  • Market dynamics, including drivers, restraints, trends, and strategies
  • Key mergers and acquisitions in the market
  • Comprehensive company profiles of major players in the industry

Also covered are some key mergers and acquisitions:

market manufacturing