Middle East & Africa Broaching Machine Market Size & Outlook
Middle East & Africa broaching machine market, 2018-2030 (US$M)
MEA broaching machine market highlights
- The MEA broaching machine market generated a revenue of USD 13.6 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, horizontal broaching machine was the largest revenue generating type in 2023.
- Horizontal Broaching Machine is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 13.6 million |
| Market revenue in 2030 | USD 18.6 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Horizontal broaching machine |
| Fastest growing segment | Horizontal Broaching Machine |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Horizontal Broaching Machine |
| Key market players worldwide | Mitsubishi Heavy Industries Ltd, Apex Broaching Systems, Broaching Machine Specialties, Colonial Tool, The Ohio Broach and Machine Company, Pioneer Broach Company, Axisco Precision Machinery |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.0% of the global broaching machine market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 242.0 million by 2030.
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Broaching Machine Market Scope
Broaching Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa broaching machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to broaching machine market will help companies and investors design strategic landscapes.
Horizontal broaching machine was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa broaching machine market based on horizontal broaching machine covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of broaching machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa broaching machine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa broaching machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa broaching machine market
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