The global machine tools market size was estimated at USD 97,927.5 million in 2024 and is projected to reach USD 137,426.8 million by 2030, growing at a CAGR of 7.0% from 2025 to 2030. A key factor propelling this industry expansion is the continuous advancement in machine tool technologies, including innovations like multi-axis robotic arms, which enhance precision and efficiency....

Machine Tools Market Segmentation, By Product Type (Milling Machines, Drilling Machines, Grinding Machines, and Electrical Discharge Machines), Automotive (CNC Machine Tools and Conventional Machine Tools), Industry Segment (Automotive and Transportation, Sheet Metals, Capital Goods, and Energy), Sales Channel (Events and Exhibitions and Dealers and Distributors) - Industry Trends and...