Separate machine tools and rotary power tool reports forecast market growth

  • The records concern separate ResearchAndMarkets.com and MarketsandMarkets reports on machine tools and rotary power tools.
  • The machine tools market is forecast to reach $110.97 billion by 2033, while the rotary power tool market is projected to reach USD 0.85 billion by 2032.
  • Machine tools growth is linked to advanced manufacturing and automotive demand; rotary tool growth is led by professional applications, ecommerce and North America.

The two records describe separate market research reports rather than the same underlying event. ResearchAndMarkets.com forecasts the global machine tools market will grow from $82.40 billion in 2026 to $110.97 billion by 2033 at a 4.3% CAGR, while MarketsandMarkets projects the rotary power tool market will rise from USD 0.62 billion in 2026 to USD 0.85 billion by 2032 at a 5.3% CAGR. The machine tools report highlights CNC equipment, automation, AI, digital manufacturing, automotive demand and China, while the rotary power tool report emphasizes cordless products, professional users, ecommerce and North America.

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