Future Prospects of the Cage Welding Machines Market 2032
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The global cage welding machines market was valued at USD 1.5 billion in 2023 and is expected to grow to USD 2.5 billion by 2032, representing a compound annual growth rate (CAGR) of 6.2%. This growth is largely driven by the booming construction industry, which is fueled by the global trends of urbanization and industrialization.