The Business Research Company’s latest report Commercial And Service Industry Machinery Global Market Report 2020 covers Commercial And Service Industry Machinery market drivers, Commercial And Service Industry Machinery market trends, Commercial And Service Industry Machinery market segments, Commercial And Service Industry Machinery market growth rate, Commercial And Service Industry Machinery market major players, and Commercial And Service Industry Machinery market size. The report provides in-depth analysis of the impact of COVID-19 on the Commercial And Service Industry Machinery industry, along with revised market numbers due to the effects of the coronavirus.
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Commercial And Service Industry Machinery Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global commercial and service industry machinery market is expected to decline from $215.1 billion in 2019 to $203.9 billion in 2020 at a compound annual growth rate (CAGR) of -5.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $249.6 billion in 2023.
The report covers the Commercial And Service Industry Machinery market’s segments-
1) By Type: Other Commercial And Service Industry Machinery, Photographic And Photocopying Equipment, Optical Instrument And Lens
2) By Operation: Autonomous, Semi-autonomous, Manual
3) By Capacity: Small, Medium, Large.
Subsegments covered: Cameras (Except Television And Video), Projectors, Photocopying Equipment, Others – Photographic And Photocopying Equipment, Binoculars, Microscopes (Except Electron, Proton), Telescopes, Others – Optical Instrument And Lens.
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