The machinery manufacturing market
in this report is segmented into engine, turbine, and power transmission
equipment manufacturing, metalworking machinery manufacturing, ventilation,
heating, air-conditioning, and commercial refrigeration equipment
manufacturing, commercial and service industry machinery manufacturing,
industrial machinery manufacturing, agriculture, construction, and mining
machinery manufacturing and other general purpose machinery manufacturing.
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The global machinery manufacturing
market has shown slow growth in the past years with a CAGR of about 2.5%.
The year 2017 recorded highest ever market value in this industry as per TBRC’s
inhouse consultants.
TBRC’s latest report show the historic and future trends in
the market for each year with sourced reasons to support the growth claims.
The report also shows the machinery
manufacturing market to grow at a higher CAGR by 2021 as compared to
2017, along with geographies best suited for investments with highest return
rate.
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report at
During the period 2013 to 2017
interest rates in most developed countries were very low. This created a flow
of cheap money for investment, both in developed and developing economies. It
also encouraged borrowing and discouraged saving in advanced markets, helping
to drive spending. Markets such as machinery manufacturing benefited from the
flow of cheap money during this period.
Companies included in the report are General Electric Co, Caterpillar Inc., Canon Inc., Deere & Company
and Mitsubishi Heavy Industries.
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