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Stock impact report

Metal Machining Market to Expand by USD 18.43 Billion (2024-2028), Driven by Rising Demand in Oil and Gas Industry, Market Evolution Powered by AI - Technavio [Yahoo! Finance]

IPG Photonics Corporation (IPGP) 
Last ipg photonics corporation earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ipgphotonics.com
Company Research Source: Yahoo! Finance
to grow by USD 18.43 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.03% during the forecast period. Growing demand for metal machining in oil and gas industry is driving market growth, with a trend towards growing adoption of automation in metal machining. However, high costs associated with metal machining industry poses a challenge. Key market players include AMADA Co. Ltd., Atlas Copco AB, Bystronic Laser AG, DMG MORI Co. Ltd., DN Solutions Co. Ltd., Guangzhou Komaspec Mechanical and Electrical Products Manufacturing Co. Ltd., IPG Photonics Corp., Jet Edge Inc., JTEKT Corp., Matsu Manufacturing Inc., Messer Cutting Systems Inc., Okuma Corp., Otter Tail Corp., Sandvik AB, Shenyang Yiji Machine Tool Sales Co. Ltd., TRUMPF SE Co. KG, Yamazaki Mazak Corp., FANUC UK Ltd, Mayville Engineering Co. Inc., and Jenoptik AG. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Show less Read more
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