Global Portable Machine Tools Market is projected to reach US$ 42,818.1 Mn in 2030

Global Portable Machine Tools Market Infographics Description:

• The global portable machine tools market is estimated at US$ 23,165.3 Mn in 2020.
• Worldwide portable machine tools market is projected to reach US$ 42,818.1 Mn in 2030 at a CAGR of 6.5% from 2020 to 2030.
• Amongst product types, the milling machines segment in the global portable machine tools market is estimated to account for a majority revenue share of 27.2% in 2020 end.
• Among all the industry vertical segments, oil & gas is expected to register the highest CAGR of over 7.6%, followed by manufacturing segment.
• Market in Asia Pacific is expected to dominate the global portable machine tools market. It is expected to account for the largest market revenue share as compared to that of markets in other regions.
• Companies profiled in the report Enerpac Tool Group Corp. (Mirage Machines Limited Products), CLIMAX Portable Machining Tools Inc., Tri Tool Inc., Sir Meccanica S.p.A., Thermotech AS (Normaco – Portable Machining Tools) Protem Usa Llc, Protem Usa Llc, Mauco Tools, York Portable Machine Tools, Jin Shaa Machines, and Shenzhen Zhuoyang Machinery Co., Ltd., and others.