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Market Report Development of machine tools market

| Editor: Susanne Hertenberger

USA – According to the Wise Guy Reports, the analysts forecast the machine tools market in the US to grow at a CAGR of 4.34% during the period of 2017-2021.

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Analysts forecast the machine tools market in the US to grow at a CAGR of 4.34% during the period 2017-2021.
Analysts forecast the machine tools market in the US to grow at a CAGR of 4.34% during the period 2017-2021.
(Source: Depositphotos.com)

The report covers the present scenario and the growth prospects of the machine tools market in the US from 2017-2021. To calculate the market size, the report took into consideration new installations, sales, value and retrofit, replacement, spares, aftermarket and market services.

The report, Machine Tools Market in the US 2017-2021, was prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects over the coming years. The paper also includes a discussion of the key vendors operating in this market.

Key vendors include:

  • Dalian Machine
  • DMG Mori
  • Haas Automation
  • JTekt
  • Komatsu

Other prominent vendors are:

  • Amada Machine Tools
  • Fives
  • Gleason
  • Hardinge
  • Mitsubishi Electric
  • Makino
  • Okuma
  • Yamazaki Mazak
  • Trumf

Market driver: Increased demand for fabricated metal products

Market Challenge: Highly capital-intensive market

Market trend: Cloud-based machine tools

Request a sample of the report here: www.wiseguyreports.com

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