Europe secures a 35% market share in the global machine tool production - Machinads News

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Industrial growth has slowed down in 2018 driven by global trade stagnation, geopolitical uncertainties and weaker business sentiment. This year, the European machine tool market is likely to expand slower than the US and Asia.

The global production of the machine tool purchasing industries around the globe posted a growth of approximatively 5% in 2018 and is expected to slow down to 2.3% in 2019.

 

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Article and photo from cecimo.eu

 

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