Cage Welding Machines Market Global Trends 2032
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In 2023, the global cage welding machines market was valued at USD 1.5 billion, and it is projected to reach USD 2.5 billion by 2032, with a compound annual growth rate (CAGR) of 6.2%. The growth of the construction industry, fueled by urbanization and industrialization, is a primary driver of this market. As residential, commercial, and infrastructure projects surge globally, the demand for cage welding machines rises.