Broaching Machine Market Worth $394.6 Million by 2026 | Key Drivers, Restraints & Opportunity
The growth in the automotive and industrial machinery sector has developed a better base for market growth as it attracts enormous attention from foreign investors.
tusharMay 10, 2021
According to a new report published by Allied Market Research, titled,
“Broaching Machine Market by Type, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026,”the global broaching machine market size was valued at $245.3 million in 2018, and is projected to reach $394.6 million by 2026, growing at a CAGR of 6.0% from 2019 to 2026. In 2018, Asia-Pacific dominated the global market in terms of revenue, accounting for around 61.2% share, followed by North America.