NEW YORK, Dec. 27, 2017 /PRNewswire/ — The global market for machine tool manufacturing reached $83.5 billion in 2016. The market should reach $88.2 billion by 2020, growing at a compound annual growth rate (CAGR) of 1.4% from 2016 to 2020.
- Asia-Pacific market for turbine and turbine generator set units manufacturing reached $46.2 billion in 2016. The market should reach $46.1 billion by 2020, at a negative CAGR of -0.1% from 2016 to 2020.
- Western Europe market for turbine and turbine generator set units manufacturing reached $16.6 billion in 2016. The market should reach $19.9 billion by 2020, growing at a CAGR of 4.6% from 2016 to 2020.
