Metal-Cutting Machines Market Share & Trends With USD 9.79 Billion By 2025 : Grand View Research Inc.
San Francisco, 18 April 2019: The Report Metal Cutting Machine (MCM) Market Analysis, By Product (Laser, Waterjet, Plasma, Flame), By Application (Automotive, Aerospace & Defense, Construction, Marine, Electronics), And Segment Forecasts, 2018 – 2025 The global Metal-Cutting Machines Market is expected to reach USD 9.79 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from automotive industry has been a key factor driving market growth, globally. In addition, robust growth in various application industries such as electronics, defense, marine, construction and aerospace is also fueling the demand. Automotive segment held the largest market share in 2016 owing to a wide-scale usage of the product in wide range of exterior and interior components of automotive such as passenger cars, SUV’s, and HUV’s. The robust growth in automotive industry across the world is further driving the segment growth. MCMs are witnessing an increasing