Machine Tools Market Size, Share & Trends [2025-2032]
The machine tools market is projected to reach USD 105.11 billion by 2032, from USD 81.09 billion in 2025, with a CAGR of 3.8%. This market is largely driven by the integration of advanced technologies such as digital twin simulations, closed-loop machining, and adaptive control systems that enhance precision and reduce downtime. Modern machining centers now feature multi-axis capabilities (5-axis...
Automotive Metal Forming Market – Trends & Scenario
The Automotive Metal Forming Market is estimated to grow at a CAGR of 3.2% from 2018 to 2025. It is projected to reach USD 202.2 billion by 2025 from USD 172.5 billion in 2020.
The rising global vehicle production and the growing commercial vehicle demand were expected to fuel the metal forming market for automotive. However, owing to the corona outbreak, 2020 will witness a decline in the production...