Press Release: SMTCL : Global Machine Tools Market CAGR Growth of 6.55% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: DMG Mori, Amada, FANUC - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Machine Tools Market 2016-2020" report to their offering. The dramatic changes that 3D printing technology has brought about will likely have an impact on machine tools and plastic injection molding. 3D printing technology reduces material usage by nearly 30%-70% as compared to traditional techniques. This results in faster speed to market for new products and a reduction in development costs. Many machine t