COVID-19 Impact on Global Machine Tool Market Projected to reach $68.9 billion by 2021

COVID-19 Impact on Global Machine Tool Market

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 …

What is the impact of COVID-19 on the machine tool market and its segments?

COVID-19 Impact on Global Machine Tool Market

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 …