Market Overview & Forecast
P&S Intelligence estimates the global machine tools market at USD 81.7 billion in 2024, expanding to USD 105.6 billion by 2030, at a solid 4.4% CAGR over 2024–2030. This growth reflects increasing demand for precision machining across key industrial sectors like automotive, aerospace, and electronics.
Primary Growth Drivers
Precision...
English
Arabic
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek