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CNC Tool Magazine Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
CNC Tool Magazine Market SizeThe global CNC Tool Magazine market was valued at US$ 1005 million in 2023 and is anticipated to reach US$ 1657.5 million by 2030, witnessing a CAGR of 7.4% during the forecast period 2024-2030.
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According to our "Construction Machinery" research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. China's construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our "Construction Machinery" research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.
This report aims to provide a comprehensive presentation of the global market for CNC Tool Magazine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CNC Tool Magazine.
By Type
• Disc Tool Magazine
• Chain Tool Magazine
• Hat Knife Magazine
• Flying-saucer Tool Magazine
By Application
• Mechanical
• Automotive
• Aerospace
Key Companies
Okada Precision Machinery Danyang Co., Ltd, Gifu Enterprise Co., Ltd, Deda Machinery (Kunshan) Co.,Ltd., Jiangsu Desu Machinery Co., Ltd., BURKHARDT+WEBER, Sanjet, POJU, TE-SHIN CAM, LVD, ktc GmbH
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