PUBLISHED DATE: 23-Jan-17

Computer Numerical Control Market

Opportunities and Forecasts,2014 – 2021

Increase in demand in mass production plants for various applications including electronic parts manufacturing, machining plastics, engraving steel, thermoforming, and machining graphite have fostered the adoption of CNC.

In addition, the increase in production efficiency and better accuracy and precision of equipment in various sectors such as aerospace, automobile, healthcare.

However, high cost of CNC machines with highly advanced software languages restrict the market growth. Innovative developments in technologies and machine tool equipment along with increase in number of application areas such as micro drilling, dispensing, dental, and rapid prototyping are expected to provide numerous opportunities for the growth and development of the CNC market.

In 2015, the industrial machinery sector accounted for the maximum revenue share in the global CNC market, owing to growth in demand for accurate high-resolution devices and the need to reduce machining trajectory faults.

Further, the integration of CNC technology with high-speed CNC hardware highlighting accurate detection and ultra-smooth rotation provide huge growth opportunities to the market in industrial machinery sector.

CNC MARKET-INTRODUCTION

COMPUTER NUMERICAL CONTROL MARKET-KEY FINDINGS

In 2015, lathe machine tools dominated the overall CNC market in terms of revenue, and is projected to grow at a CAGR of 4.9% during the forecast period

Automobile industry vertical is projected to grow at the highest CAGR of 6.1% during the forecast period

Industrial machinery industry vertical is projected to generate the highest revenue in the CNC market

In 2015, Europe generated the highest revenue among all regions in the world CNC market

Asia-Pacific is expected to grow at a remarkable CAGR of 5.6% during the forecast period

The global CNC market generated $12,734 million in 2015

TABLE OF CONTENTS

INTRODUCTION

EXECUTIVE SUMMARY

MARKET OVERVIEW

COMPUTER NUMERICAL CONTROL MARKET BY MACHINE TOOL TYPE

COMPUTER NUMERICAL CONTROL MARKET, BY INDUSTRY VERTICAL

WORLD COMPUTER NUMERICAL CONTROL MARKET, BY GEOGRAPHY

COMPANY PROFILE

COMPUTER NUMERICAL CONTROL MARKET -SEGMENT OVERVIEW

GLOBAL CNC MARKET: TOP IMPACTING FACTORS

GLOBAL CNC MARKET - BY GEOGRAPHY

North America, Europe, Asia Pacific, LAMEA

1) MONDRAGON Corporation

2) GSK CNC Equipment

3) Soft Servo Systems

4) Bosch Rexroth AG

5) Sandvik AB

6) Siemens AG

COMPANY PROFILES

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