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According to Technavio’s global multi-tasking machine tools market research report, the market is anticipated to grow at a steady rate and will post a CAGR of close to 3% during the forecast period. The increasing demand for superior-quality products and computer numeric control (CNC) machines will be one of the key multi-tasking machine tools drivers boosting the market’s growth in the forthcoming years. CNC machines are highly efficient and productive and allow the incorporation of new technologies. Also, very specific small-scale functions such as milling or drilling can be easily performed by compact CNC machines. Furthermore, some of the major factors such as convenience and ease of development of complex products and shapes and enhanced dimensional accuracy will boost the demand for these machines.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: Explore Technavio
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