Europe Computer Numerical Control Machine Market Key Opportunities and Growth Prospects

Tweet Share 0 +1 LinkedIn 0 San Francisco, Calif., USA, June 04, 2023 — /EPR Network/ —
Europe Computer Numerical Control Machine Industry Overview
The Europe computer numerical control machine market size was valued at USD 21.50 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2021 to 2028. The growth of the market can be attributed to the increasing demand for computer numerical control (CNC) machines from automotive manufacturers. The growing preference for automation to reduce overall operating costs also bodes well for the growth of the market.