The global woodworking machines market is poised to grow by $679.38 million during 2020-2024, progressing at a CAGR of 3% during the forecast period.
This report on the woodworking machines market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by the increasing adoption of automated woodworking machines and the rising construction of residential and commercial buildings. The study identifies the growing demand for wooden furniture as one of the prime reasons driving the woodworking machines market growth during the next few years.
The woodworking machines market analysis includes application segment and geographic landscape.
The woodworking machines market is segmented as below:
By Geographic Landscapes
- North America
- South America
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading woodworking machines market vendors that include:
- Biesse S.p.A.
- Durr AG
- HOLYTEK Industrial Corp.
- IMA Schelling Group GmbH
- KTCC Woodworking Machinery
- Masterwood S.p.A.
- Michael Weinig AG
- Otto Martin Maschinenbau GmbH & Co. KG
- SCM GROUP S.p.A.
- Shandong Gongyou Group Co. Ltd.
Also, the woodworking machines market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/80qykh