Global Machine Tools Market - Rising Demand for Fabricated Metals to Boost Growth| Technavio

Market research firm Technavio has announced the release of their latest report on the global machine tools market. This new report will provide expert market insights for the forecast period 2018-2022.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180311005042/en/

The report will present an updated analysis of the market with regards to the current competitive landscape and global environment. The report also provides new predictions for the forecast period based on an in-depth analysis of the market.

The upgraded research report on the machine tools market is an integral part of Technavio’s tools and components portfolio. Technavio covers an extensive range of market research reports on the tools and components sector, covering different regions and top industry segments. Some of the topics include pressure relief valves market, couplings market, hydraulic equipment market, industrial fasteners market, and cable accessories market.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

Global growth opportunities

APAC accounted for the highest market share during 2015, according to Technavio’s previous report on the global machine tools market. The growth of the automotive and industrial sectors was the main factor behind APAC’s growth.

In the previous report, a senior research analyst at Technavio stated, “The rising demand for fabricated metals from the construction and machinery industries is driving growth in the market. Machine tools are used to manufacture fabricated metals, including ammunition, small arms, buildings products, springs, cutlery and utensils, stamped metal products, fasteners, tanks and cranes, and hardware. There is a strong demand for machine tools globally due to the increase in production of fabricated metal products.”

Technavio’s new report on the global machine tools market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.

Looking for the latest information on the global machine tools market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Detailed analysis at your fingertips

Some of the topics that will be revisited in the new report include:

• Market size and growth rate through 2022
• Top factors driving the market growth
• Key players in the market
• Market opportunities and factors impeding growth

The report on the global machine tools market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.

Technavio’s best deals of the month!   Celebrate Earth Day and clean energy with Technavio. Get 30% discount on all Energy reports. Offer valid from 12th March - 18th March.   OR   Get 20% off on all Media and Entertainment Services reports. Offer valid only till the 31st of March.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180311005042/en/