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2 Facts Top 10 Cnc Machine Tool Manufacturers In India | Leading countries in machine tool production by market share 2021
- The machine tool market share growth in the CNC machine tools segment will be significant during the forecast period. As manufacturers are striving for higher productivity and reliability, industrial automation has become inherent. This has created a demand for CNC machine tools as they offer additional flexibility and computational capability compared with conventional machine tools. The adoption of CNC machines allows manufacturers to increase production without adding extra labor costs and to deliver reliable products with fewer defects. - Source: Internet
- Gauging the enormous potential of the door window and façade fabrication industry, various international machine manufacturers started venturing into India to tap the unexplored waters. LGF Sysmac with machines from LGF, Italy was the 1st to recognize the possibility and emerged as a leading technology player. The late 90s, FOM, Italy entered the market, followed by Elumatec, Germany in 2005. Emmegi, Italy followed soon after in 2006. Subsequently several Turkish and Chinese companies entered the fray. - Source: Internet
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