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Machine Tooling Market Estimated to Surpass $94.42 Billion Marks by 2026 - Vimarsana News

Machine Tooling Market Estimated to Surpass $94.42 Billion Marks by 2026

Machine Tooling Market Segment Analysis – By Geography APAC accounted for the largest share of the Machine tool market. The significant demand from automotive and aerospace sector in China, India and South-East Asia, in particular, is driving market growth. Geographically, RoW (Middle East and Africa) region is anticipated to witness the significant market growth during the forecast period 2021-2026 with a CAGR of 5.22%. The market growth is due to the rising demand of the CNC machine tools from the end-users including automobile, food & beverage, aerospace, construction and others. Growing...