The Global Machine Tool Boom Continues,
Global production of machine tools in 2018 was also the fourth highest in real dollars, and production of machine tools is even more concentrated than the consumption of machine tools. The top 15 machinetoolproducing countries accounted for 93 percent of all machine tools made in 2018, and 13 out of the top 15 increased their production in 2018. And, just like with consumption, China had a