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According to a new report published by Allied Market Research, titled,"Broaching Machine Market by Type, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026,"the global broaching machine market size was valued at $245.3 million in 2018, and is projected to reach $394.6 million by 2026, growing at a CAGR of 6.0% from 2019 to 2026. In 2018, Asia-Pacific dominated the global market in terms of revenue, accounting for around 61.2% share, followed by North America.
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