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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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.
TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
Companies included in the report are General Electric Co, Caterpillar Inc., Canon Inc., Deere & Company and Mitsubishi Heavy Industries.
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