01−03 September 2023
12th International Exhibition on
Latest Machine Tools, CNC, Laser,
Shot Blasting, Measuring & Testing Equipment

Bombay Exhibition Centre, Mumbai, India

News

04 June 2018

The global market for Machine Tools is projected to reach US$140.5 billion by 2020

The global market for Machine Tools is projected to reach US$140.5 billion by 2020, driven by the steady recovery in the global Purchasing Managers Index (PMI). Asia-Pacific represents the largest market worldwide. The region also ranks as the fastest growing market with a CAGR of 9.4% over the analysis period led by rapidly growing manufacturing and industrial activity, especially in countries such as India, Thailand, Malaysia, Taiwan, and South Korea.
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