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The CNC Machine Market is poised for substantial growth, projected to rise from approximately USD 86.5 billion in 2024 to around USD 145.2 billion by 2033, reflecting a CAGR of 6.7%. This expansion is fueled by increasing automation demands, the adoption of precision machining, and advancements in CNC technologies. Key drivers include the rising use of high-performance CNC machines across industries like automotive and aerospace, while challenges such as high initial costs and skilled labor shortages persist.
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