The market is fragmented, and the degree of fragmentation will accelerate in the course of the forecast period. AMADA HOLDINGS Co. Ltd. , Berkenhoff GmbH, Colfax Corp.
, DMG MORI Global Marketing GmbH, FANUC Corp. , Gedik Welding, Illinois Tool Works Inc. , Mitsubishi Electric Corp. , Sandvik AB, and TRUMPF GmbH + Co. KG are one of the vital major market contributors. The growth in automobile industry will offer tremendous growth alternatives.
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