A machine tool is used to shape or form parts made of metal or other materials. The machine tools industry is witnessing significant technological advancements such as the development of the robotic arm and multioaxis. Growing demand from primary industry users like automotive, aerospace, and railways is also likely to create a favorable landscape for the manufacturers of machine tools in the coming years. The Asia Pacific is expected to be dominant in terms of market size due to population growth and urbanization.
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Top Key Major Players:-
1. AMADA CO. ,LTD.
2. CHIRON Group
3. DMG Mori Co Ltd
4. Doosan Machine Tools Co. , Ltd.
5. Haas Automation, Inc
6. Hyundai WIA
7. Makino Inc
8. Ind Astrias Romi S. A
9. SPINNER Werkzeugmaschinenfabrik GmbH
10. Yamazaki Mazak Corporation