Metalworking Machinery Market Current Trends And COVID-19 Impact Analysis

Posted by vamshi krishna on February 8th, 2021

The Metalworking Machinery Global Market Report 2020-30 by The Business Research Company describes and explains the global metalworking machinery market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The Metalworking Machinery Global Market Report 2021 covers metalworking machinery market drivers, metalworking machinery market trends, metalworking machinery market segments, metalworking machinery market growth rate, metalworking machinery market major players, and metalworking machinery market size.

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The metalworking machinery market report provides an in-depth analysis of the impact of COVID-19 on the global metalworking machinery industry, along with revised market numbers due to the effects of the coronavirus and the expected metalworking machinery market growth numbers 2021-2030.

Metalworking Machinery Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global metalworking machinery market is expected to grow from 5.99 billion in 2020 to 2.77 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The market is expected to reach 7.27 billion in 2025 at a CAGR of 8%.

The report covers the metalworking machinery market’s segments-
1) By Type: Special Die And Tool, Die Set, Jig, And Fixture, Machine Tool, Industrial Mold, Rolling Mill And Other Metalworking Machinery, Cutting Tool And Machine Tool Accessory.
2) By Application: Automotive, Manufacturing, Others.
3) By Capacity: Small, Medium, Large.

Subsegments Covered: Dies, Stamping and Other Tools, Jigs and fixtures, Metal Cutting Tools, Metal Forming Tools, Metal Molds, Other Material Molds, Wire Drawing and Fabricating Machinery, Coil Winding and Cutting Machinery, Rolling Mill Machines, Other Rolling Mill And Other Metalworking Machinery, Metalworking Knives And Bits, Measuring Attachments, Metalworking Drill Bits, Machine Tool Taps And Dies.

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