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Drill Press Market Highlights
A drill press includes base, column (or pillar), table, spindle (or quill), and drill head, usually driven by an induction motor, and is used to drill or enlarge a cylindrical hole in a workpiece or part. A drill press primarily uses hydraulic, electric, or magnetic methods for operating. The global drill press market is expected to witness 4.15% CAGR during the forecast period. The market size is expected to reach 825 Million units by 2030.
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