Market Growth: Radial Drilling Machine Market to Reach $10.7B by 2035
Publication date：
2025-08-22 16:31
A new report projects the global radial drilling machine market to grow at a 7.4% CAGR through 2035, driven by automation adoption in automotive, shipbuilding, and metalworking industries. Key trends include CNC-controlled systems with IoT integration for predictive maintenance, multi-functional machines combining drilling, milling, and tapping, and rising demand in Asia-Pacific for cost-effective solutions. North America and Europe lead in precision applications, while emerging markets focus on retrofitting older machines with smart technologies
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