Tag Archives: COVID-19 Impact on Global Machine Tool Market Size

COVID-19 Impact on Global Machine Tool Market 2021 Analysis May Set New Growth Story, Forecast to 2027

Post COVID-19, the global machine tool market size is projected to reach USD 68.9 billion by 2021 from an estimated USD 65.6 billion in 2020, at a CAGR of 5.0%. The projections were based on the ongoing automotive industry production drop, which is the biggest consumer of machine tools and, additionally, the supply chain disruptions […]