Global Machine Tool Market Growth Forecast to 2021 | Top Players: Komatsu, Trumpf, DMG MORI & Hyundai WIA: Report By Radiant Insights, Inc.

Geographical segmentation for machine tool market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific market is expected to register a greater share in the market owing to increase in use of machines for cutting, bending, packaging and assembling.  Presence of manufacturing sectors at large for various objectives is likely to create conducive environment for market growth in the near future.

North American market is likely to gain a significant market share in the forecast period due to rise in import and export business coupled with increasing automation in manufacturing domain. Europe market is expected to follow the trend with a few limitations such as regulatory approvals, weight constraints and need for precision is likely to limit the European market growth.

The key players in the machine tool market include Komatsu, Trumpf, Doosan Machine Tools, DMG MORI, Hyundai WIA, Schuler, FFG/MAG, GF, Grob, Haas Automation, Gleason, Brother Industries, DMTG, CHIRON Group, Shenyang Group, Okuma, Index Group and Makino.

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This publication enables readers the critical perspectives to be able to evaluate the world market for machine tools. The publication provides the market size, growth and forecasts at the global level as well as for the following countries:

Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bosnia Herzegovina, Bulgaria, Canada, China, Colombia, Cyprus, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Iran, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Mongolia, Morocco, Nepal, Netherlands, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Senegal, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Swaziland, Sweden, Tanzania, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam.

The market data covers the years 2010-2021. The major questions answered in this comprehensive publication include:

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