CNC Metal Cutting Machine Market in North America is expected to register a CAGR of 5.8% during the forecast period (2019-2025) - KBV Research

29-Feb-2020 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report North America CNC Metal Cutting Machine Market, published by KBV Research, the North America CNC Metal Cutting Machine Market would witness market growth of 5.8% CAGR during the forecast period (2019-2025).

The US market dominated the North America Gear Cutting Machines CNC Metal Cutting Machine Market by Country in 2018, growing at a CAGR of 5.8 % during the forecast period. The Canada market is estimated to grow at a CAGR of 9% during (2019 - 2025). Additionally, The Mexico market is exhibiting a CAGR of 8% during (2019 - 2025).

The Automotive market dominated the Canada CNC Metal Cutting Machine Market by End User in 2018, thereby, achieving a market value of $1,289.5 million by 2025. The Electronics market is expected to grow at a CAGR of 7.9% during (2019 - 2025). The Aerospace & Defense market is poised to grow at a CAGR of 9.1% during (2019 - 2025). Additionally, The Power & Energy market is showcasing a CAGR of 9.6% during (2019 - 2025).

The Machining Centers market dominated the Mexico CNC Metal Cutting Machine Market by Type in 2018, growing at a CAGR of 6.4 % during the forecast period. The Lathe Machines market showcases a prominent growth rate CAGR of 7.6% during (2019 - 2025). Additionally, The Gear Cutting Machines market is projected to grow at a CAGR of 8% during (2019 - 2025).

Report Structural Insights: https://www.kbvresearch.com/north-america-cnc-metal-cutting-machine-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Hurco Companies, Inc., Lincoln Electric Holdings, Inc., Amada Holdings Co., Ltd., Komatsu Ltd., Okuma Corporation, DMG Mori Seiki Co. Ltd., Yamazaki Mazak Corporation, Dalian Machine Tool Group (DMTG) Corporation, Mondragon Corporation (Danobat Group), and Nissan Tanaka Corporation.