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The machine tools market share is expected to increase by USD 9.7 million from 2023 to 2028, and the market’s growth momentum will accelerate at a CAGR of 1.91%. The market sees substantial adoption of IoT, artificial intelligence, and cloud computing for distant monitoring and remote connectivity. The market landscape depends on the Asian economy, Building and construction sector, Chinese capital markets, Information technology sector, Mining sector, Energy industry. CNC manufacturers play a pivotal role in providing stability and efficiency for complex part manufacturing, while advancements in self-cooling and laser-induced heating enhance machining capabilities. As the industry embraces rapid prototyping and virtual manufacturing, it anticipates continued growth, especially in sectors like automotive, aerospace, and information technology, supported by cutting-edge technologies and cost-saving measures.
The market report also offers information on several market companies, including 600 Group Plc, Allied Machine and Engineering Corp., ALZMETALL GmbH and Co. KG, AMADA Co. Ltd., DMG MORI Co Ltd, DN Solutions Co. Ltd., FALCON MACHINE TOOLS Co. Ltd., FANUC Bulgaria EOOD, FFG European and American Holdings GmbH, General Technology Group Dalian Machine Tool Corp., Georg Fischer Ltd., Haas Automation Inc., Hardinge Inc., Hyundai Wia Corp., JTEKT Corp., Kennametal Inc., Komatsu Ltd., Makino Inc., Okuma Corp., and Otto Bihler Maschinenfabrik GmbH and Co. KG among others.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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