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2026-02-23 12:45:22 -

Global Machine Tool Market to Reach USD 115 Billion by 2032, Growing at 5.8% CAGR

The global Machine Tool Market has demonstrated consistent growth over the past decade, rising from USD 72.3 billion in 2015 to USD 87.6 billion in 2022, registering a 3.0% CAGR during this period. The market is projected to reach USD 115 billion by 2032, expanding at a CAGR of 5.8% from 2023 to 2032. Increasing automation in manufacturing, rising demand for precision components, and...

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