Market revenue in 2022 | USD 87,939.9 million |
Market revenue in 2030 | USD 137,426.8 million |
Growth rate | 5.7% (CAGR from 2022 to 2030) |
Largest segment | Metal cutting |
Fastest growing segment | Metal Cutting |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Metal Cutting, Metal Forming |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to machine tools market will help companies and investors design strategic landscapes.
Metal cutting was the largest segment with a revenue share of 77.08% in 2024. Horizon Databook has segmented the Global machine tools market based on metal cutting, metal forming covering the revenue growth of each sub-segment from 2018 to 2030.
Horizon Databook provides a detailed overview of global-level data and insights on the Global machine tools market , including forecasts for subscribers. This global databook contains high-level insights into Global machine tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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