Global Metal Machining Market Set to Expand by USD 18.43 Billion With a CAGR of 4% From 2023 to 2028 [Yahoo! Finance]
IPG Photonics Corporation (IPGP)
Last ipg photonics corporation earnings: 2/13 08:00 am
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Source: Yahoo! Finance
The global metal machining market is poised for significant growth in the coming years, with a projected increase of USD 18.43 billion from 2023 to 2028, progressing at a compound annual growth rate (CAGR) of 4.03%. This growth trajectory is underpinned by several key factors, including an upsurge in demand within the oil and gas sector, a broadening of metal machining production facilities, and heightened investments in various infrastructure initiatives. These elements are expected to collectively bolster the market environment and propel the metal machining industry forward. Segmentation of the Market The market is analyzed through a detailed segmentation process which is classified by application and type. Significant segments include the automotive, construction, and aerospace sectors, among others. By type, the market is further subdivided into categories such as laser cutting machines, plasma cutting machines, flame cutting machines, and waterjet cutting machines, each
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News
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- IPG Photonics to Announce First Quarter 2024 Financial Results on April 30GlobeNewswire
IPGP
Earnings
- 2/13/24 - Miss
IPGP
Sec Filings
- 4/25/24 - Form 4
- 4/3/24 - Form 4
- 4/1/24 - Form 144
- IPGP's page on the SEC website