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Computer Numerical Control (CNC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • ID: 4828768
  • Report
  • Region: Global
  • 102 pages
  • IMARC Group
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FEATURED COMPANIES

  • Bosch Rexroth AG
  • FANUC Corporation
  • GSK CNC Equipment
  • Haas Automation
  • Heidenhain GmbH
  • MONDRAGON Corporation
  • MORE
The global computer numerical control (CNC) market is expected to grow at a CAGR of around 5% during 2019-2024. Computer numerical control (CNC) refers to the process of automating machines that operate through programmed commands encrypted on a storage medium. It involves generating a computer-aided design (CAD) and then translating it into G-code. After the CAD drawing is loaded in the machine control unit (MCU), an operator runs a test for ensuring its proper positioning and performance. Some of the manufacturing processes performed by these machines include shaping, grinding, bending, cutting, welding, gluing, drilling, hole punching, etc. Nowadays, CNC machines are widely utilized in the manufacturing of metal and plastic parts.

A significant rise in the demand for large-scale automation has been witnessed in various industries owing to the increasing need for reducing the overall operational costs. This can also be accredited to the requirement of decreasing the manufacturing time as well as the chances of human error. Apart from this, the evolution of the Internet of Things (IoT) and machine learning technology has resulted in the development of applications which notify the status of the CNC machine to operators/supervisors on their computers as well as smartphones. Moreover, several governments are supporting the establishment of manufacturing units in their countries, which is further strengthening the market growth. In addition to this, manufacturers are launching new CNC machines that perform multiple operations simultaneously. These machines aid in increasing the flexibility for attendants and minimizing the workforce requirements.

This latest report provides a deep insight into the global computer numerical control (CNC) market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global computer numerical control (CNC) industry in any manner.

Report Coverage:

Historical, Current and Future Market Trends

Market Breakup by Machine Type:
Lathe Machines
Milling Machines
Laser Machines
Grinding Machines
Welding Machines
Winding Machines
Others

Market Breakup by End Use Industry:
Aerospace and Defense
Automobile
Electronics
Healthcare
Others

Market Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Mondragon Corporation, GSK CNC Equipment, Soft Servo Systems, Heidenhain GmbH, Bosch Rexroth AG, Siemens AG, Sandvik AB, Haas Automation, Mitsubishi Electric Corporation, FANUC Corporation, etc.

Key Questions Answered in This Report:

How has the global computer numerical control (CNC) market performed so far and how will it perform in the coming years?
What are the key regional markets in the global computer numerical control (CNC) industry?
What is the breakup of the market based on the machine type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the global computer numerical control (CNC) industry?
What are the key driving factors and challenges in the global computer numerical control (CNC) industry?
What is the structure of the global computer numerical control (CNC) industry and who are the key players?
What is the degree of competition in the global computer numerical control (CNC) industry?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch Rexroth AG
  • FANUC Corporation
  • GSK CNC Equipment
  • Haas Automation
  • Heidenhain GmbH
  • MONDRAGON Corporation
  • MORE
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Computer Numerical Control (CNC) Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Machine Type
5.4 Market Breakup by End Use Industry
5.5 Market Breakup by Region
5.6 Market Forecast

6 Market Breakup by Machine Type
6.1 Lathe Machines
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Milling Machines
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Laser Machines
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Grinding Machines
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Welding Machines
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Winding Machines
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast

7 Market Breakup by End Use Industry
7.1 Aerospace and Defense
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Automobile
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Electronics
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Healthcare
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Asia Pacific
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Europe
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast

9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 MONDRAGON Corporation
13.3.2 GSK CNC Equipment
13.3.3 Soft Servo Systems
13.3.4 Heidenhain GmbH
13.3.5 Bosch Rexroth AG
13.3.6 Siemens AG
13.3.7 Sandvik AB
13.3.8 Haas Automation
13.3.9 Mitsubishi Electric Corporation
13.3.10 FANUC Corporation
Note: Product cover images may vary from those shown
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  • MONDRAGON Corporation
  • GSK CNC Equipment
  • Soft Servo Systems
  • Heidenhain GmbH
  • Bosch Rexroth AG
  • Siemens AG
  • Sandvik AB
  • Haas Automation
  • Mitsubishi Electric Corporation
  • FANUC Corporation
Note: Product cover images may vary from those shown
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