Machine Tools Market to Reach USD 189.44 Billion by 2032 Owing to Rapid Technological Advancements and Increased Automation Across Industries | Report by SNS Insider [Yahoo! Finance]
Hurco Companies, Inc. (HURC)
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Source: Yahoo! Finance
Austin, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Machine Tools Market Share was estimated at USD 106.55 billion in 2023 and is expected to reach USD 189.44 billion by 2032 at a CAGR of 6.65% during the forecast period of 2024-2032. Book Your Sample PDF for Machine Tools Market Report https://www.snsinsider.com/sample-request/4095 Machine Tools in the Evolving Automotive and Aerospace Industries The major driver for the machine tools market is the increasing demand from the automotive and aerospace industries, both of which depend heavily on advanced machine tools to produce high-precision components necessary for maintaining quality, safety, and performance standards. In the automotive sector, global vehicle production reached approximately 92 million units in 2022, with electric vehicle (EV) sales comprising over 14%. As EV production continues to grow, so does the demand for specialized machine tools designed for handling components such as battery packs, electric drivetrains, a
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HURC
News
- Hurco Companies, Inc. (NASDAQ: HURC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hurco Companies, Inc. (NASDAQ: HURC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hurco Companies, Inc. (NASDAQ: HURC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hurco Companies, Inc. (NASDAQ: HURC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- CNC Solutions Market to Grow by USD 9.24 Billion from 2024-2028, Driven by Increased Use of Servo-Based Systems and AI's Impact on Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
HURC
Sec Filings
- 12/6/24 - Form 4
- 11/14/24 - Form SC
- 11/7/24 - Form SCHEDULE
- HURC's page on the SEC website