Share this article
NEW YORK, April 27, 2021 /PRNewswire/
The machine tools market is expected to grow by USD 26.72 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the machine tools market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Machine Tools Market by End-user and Geography - Forecast and Analysis 2021-2025
Enterprises will go through the Response, Recovery, and Renew phases.
The machine tools market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2021.