Growth Forecast for Industrial Machinery Market
EL SEGUNDO, CA—The worldwide market for industrial machinery will reach $1.6 trillion this year, up from $1.5 trillion in 2013. This represents annual growth of 6.3 percent, more than twice the 2.9 percent increase seen in 2013. Strong growth is forecast to continue for the next four years, with revenue rising to $2 trillion by 2018. MORE
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