CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools. Tools that can be controlled in this manner include lathes, mills, routers and grinders, and so on.
CNC Machine CNC Machine Tools Consumption Market | Forecast 2018-2023
In the year from 2009-2010, with the economic recovery from global financial crisis, the CNC machine industry have an explosive growth both in the production and consumption field. In the next years, with the stable economic growth, this industry maintains developing stably.
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Global market shows a high concentration in the production of CNC machine by countries, especially in the high-performance field. The core technology of high-performance is hold in several developed countries like Germany, Japan, US and so on.
The emerging countries play an important role in the manufacturing of the low-end product series.
As a growing industry, investors are optimism on this industry. In the future, more and more investors will enter into this industry.
For the existing companies, to invest much more on R&D and keep continuous innovation to enhance competitiveness is the development trend.
Over the next five years, Planet Market Reports projects that CNC Machine CNC Machine Tools will register a -1.8% CAGR in terms of revenue, reach US$ 28900 million by 2023, from US$ 32200 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of CNC Machine CNC Machine Tools market by product type, application, key manufacturers and key regions.
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
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Segmentation by product type:
CNC Lathe
CNC Milling Machine
CNC Grinding machine
Others
Segmentation by application:
Machinery manufacturing
Automobile
Aerospace & defense
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Yamazaki Mazak
DMG Mori Seiki
TRUMPF
AMADA
Okuma Corporation
MAG
JTEKT Corporation
Schuler
GF Machining Solutions
Haas Automation
Emag
Hyundai WIA
Doosan Infracore
Makino
INDEX
Bystronic
Körber Schleifring
Gleason
KOMATSU NTC
GROB
Hurco
HERMLE
Hardinge Group
Chiron
TORNOS
Schutte
NAGEL
MHI
SAMAG
SMTCL
Qinchuan
KMTCL
DMTG
HDCNC
Yunnan Xiyi
Shandong FIN
Yuhuan CNC
Qinghai Huading
TONTEC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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