Computer Numerical Control (CNC) Machine Market Set to Exceed USD 106.54 Billion by 2026 | CAGR: 7.1% “Computer Numerical Control (CNC) Machine Market Share, Size, Trends, Industry Analysis Report By Machine Types (Milling, Lathe, Grinding, Welding, Winding, Laser, Others); By Application (Industrial, Automotive, Aerospace and Defense, Electronics, Others); By Regions, Segments & Forecast, 2019 - 2026�
Computer Numerical Control Machine Market Estimate & Forecast to 2026 The global CNC machines market size is anticipated to reach USD 106.54 billion by 2026 according to a new report published by Polaris Market Research. The report “Computer Numerical Control (CNC) Machine Market Share, Size, Trends, Industry Analysis Report By Type (Milling Machine, Lathe Machine, Grinding Machine, Welding, Winding Machine, Laser Machines, Others); By Application (Industrial, Automotive, Aerospace and Defense, Electronics, Others); By Regions, Segments & Forecast, 2019 – 2026” provides contemporary market insights and taps future growth trends. In 2018, lathe machine segment dominated the global industry in terms of revenue. Among regions, Asia Pacific will represent region with maximum computer numerical control machine market share during forecast period. An increasing mechanization drive happening globally in sectors such as healthcare, construction, automotive and oil and gas are expected to support growth. The other factors include high accuracy, greater precision, reduced human errors and increased safety. The rising demand for mass production would boost industry during forecast period. However, restraints in the form of high investment costs pull the market down. Growing demand from emerging economies and technological advancements are factor expected to boost CNC machine market.
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Computer Numerical Control (CNC) Machine Market Scope By Type • • • • • • •
Milling Lathe Grinding Welding Winding Laser Others
By Application
By Region
• Industrial • Automotive • Aerospace and Defense • Electronics • Others
• • • • •
North America (U.S, Canada) Europe (UK, Germany France, Italy) Asia Pacific (India, China, Japan) Latin America (Brazil, Mexico) Middle East & Africa
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Computer Numerical Control (CNC) Machine Market Estimate & Forecast to 2026 Asia Pacific generated the highest revenue in 2017 and will do so throughout the forecast period. The presence of emerging sectors such as agriculture, healthcare, finance, construction and automotive, including focus on R&D efforts, and growing need for automation drive growth. Fast industrialization and huge growth of manufacturing industry bolsters growth in the region. Access Research Report On Computer Numerical Control (CNC) Machine Market The different types of CNC machines include milling machine, lathe machine, grinding machine, welding and winding machine and others. In 2017, lathe machine segment accounted for largest CNC machine market share. The introduction of multi-axis machine types, ease of operation and high precision foster the adoption of lathe machines. Lathes are used widely in industries such as automobiles, mining, manufacturing, construction and others. The leading players in Computer Numerical Control Machine Market include Fanuc Corporation, Mitsubishi Electric Corporation, Siemens AG, GSK CNS Equipment Ltd., Amada Machine Tools Co. Ltd., Haas Automation, Inc., DMG Mori Co., Ltd., Heldenhain GmbH, Sandvik AB, Bosch Rexroth AG, Soft Servo Systems, Inc., and Yamazaki Mazak Corporation among others. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved
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Computer Numerical Control (CNC) Machine Market Size
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About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Â Web: www.polarismarketresearch.com
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