Computer Numerical Controls Market (CNC) size is expected to reach nearly US$ 25 Bn by 2029 with the CAGR of 5.74% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report Computer numerical control (CNC) is a method for automating control of machine tools over the use of software embedded in a microcomputer attached to the tool. It is usually used in manufacturing for machining metal and plastic parts. There is an increasing demand for production efficiency as these computer numerical controls machines streamline numerous operational processes by reducing production time and minimizing human error. Similarly, highly competitive market has compelled players to focus on efficient manufacturing techniques and are trying to gain competitive driver by redesigning their facilities that include CNC machines. Moreover, the high costs associated with set up of CNC machines is profoundly retraining the market’s growth. This is as a result of low costs creating it difficult for a small-scale business with low capital to invest in the equipment. Even after the CNC instruments are purchased, they are quite costly to maintain, as they want to be serviced on a regular basis. The challenge of limiting the widespread adoption of the CNC is high installation and maintenance cost. Based on the application, industrial machinery is one of the prominent end users of the market, due to its varied applications such as pipe cutting, tube cutting, and welding preparations. In addition, the healthcare sector utilizes CNC machines for various purposes such as machining transplant constituents for medical instruments. Increasing demand for automated manufacturing in the industrial sector has resulted in the rising uptake of CNC machines. On the basis of type, a mill is leading the global CNC market. Milling is a cutting process that uses a milling cutter to remove material from the surface of a work piece. The milling cutter is a rotary cutting tool, frequently with multiple cutting points. As different to drilling, where the tool is advanced along its rotation axis, the cutter in milling is generally moved perpendicular to its axis so that cutting occurs on the circumference of the cutter. Milling can be done with an inclusive range of machine tools. In terms of region, Asia Pacific is dominating the global CNC market. Increasing economies, such as China and India have been witnessing rapid growth in terms of industrialization, thereby driving the CNC market. The automotive sector is expected to grow significantly during the forecast period, due to the rising demand for automobiles in the region. Similarly, easy availability of labour and the declining prices of components have resulted in manufacturers shifting their production units in this region which is further promoting the market. Key players operating in the global computer numerical controls (CNC) market, Amada Co., Ltd., DMTG Corporation, Haas Automation, Okuma Corporation, Yamazaki Mazak Corporation, Amera Seiki, Hurco Companies, Inc., Shenyang Machine Tool Co., Ltd. (SMTCL), Hurco Companies, Inc. and FANUC CORPORATION.
Computer Numerical Controls Market (CNC) Scope: Inquire before buying
Computer Numerical Controls Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 15.99 Bn. Forecast Period 2022 to 2029 CAGR: 5.74% Market Size in 2029: US $ 25 Bn. Segments Covered: by Type • Lathes • Mills • Routers • Grinders by Application • Aerospace and Defence • Automobile • Electronics • Healthcare • Industrial Machinery by End-Use • Automotive • Aerospace and Defense • Construction Equipment • Power and Energy • Industrial • Others Computer Numerical Controls Market (CNC), by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaComputer Numerical Controls Market (CNC) Key Players
• Amada Co., Ltd. • DMTG Corporation • Haas Automation • Okuma Corporation • Yamazaki Mazak Corporation • Amera Seiki • Hurco Companies, Inc. • Shenyang Machine Tool Co., Ltd. (SMTCL) • FANUC CORPORATION. • Bosch Rexroth AG • Dalian Machine Tool Group Corporation (DMTG) • Fagor Automation • Heidenhain Corporation • Mitsubishi Electric Corporation • Sandvik AB • Soft Servo Systems Inc. • Allied Machines & Engineering Corporation • SIEMENS AG • BYSTRONIC • Körber AG • Gleason Corporation, Frequently Asked Questions: 1. Which region has the largest share in Global Computer Numerical Controls Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Computer Numerical Controls Market? Ans: The Global Computer Numerical Controls Market is growing at a CAGR of 5.74% during forecasting period 2022-2029. 3. What is scope of the Global Computer Numerical Controls market report? Ans: Global Computer Numerical Controls Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Computer Numerical Controls market? Ans: The important key players in the Global Computer Numerical Controls Market are – Amada Co., Ltd., DMTG Corporation, Haas Automation, Okuma Corporation, Yamazaki Mazak Corporation, Amera Seiki, Hurco Companies, Inc., Shenyang Machine Tool Co., Ltd. (SMTCL), FANUC CORPORATION., Bosch Rexroth AG, Dalian Machine Tool Group Corporation (DMTG), Fagor Automation, Heidenhain Corporation, Mitsubishi Electric Corporation, Sandvik AB, Soft Servo Systems Inc., Allied Machines & Engineering Corporation, SIEMENS AG, BYSTRONIC, Körber AG, Gleason Corporation,, and 5. What is the study period of this market? Ans: The Global Computer Numerical Controls Market is studied from 2021 to 2029.
1. Global Computer Numerical Controls Market: Research Methodology 2. Global Computer Numerical Controls Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Computer Numerical Controls Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Computer Numerical Controls Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Computer Numerical Controls Market Segmentation 4.1 Global Computer Numerical Controls Market, by Type (2021-2029) • Lathes • Mills • Routers • Grinders 4.2 Global Computer Numerical Controls Market, by Application (2021-2029) • Aerospace and Defence • Automobile • Electronics • Healthcare • Industrial Machinery 4.3 Global Computer Numerical Controls Market, by End-Use (2021-2029) • Automotive • Aerospace and Defense • Construction Equipment • Power and Energy • Industrial • Others 5. North America Computer Numerical Controls Market(2021-2029) 5.1 North America Computer Numerical Controls Market, by Type (2021-2029) • Lathes • Mills • Routers • Grinders 5.2 North America Computer Numerical Controls Market, by Application (2021-2029) • Aerospace and Defence • Automobile • Electronics • Healthcare • Industrial Machinery 5.3 North America Computer Numerical Controls Market, by End-Use (2021-2029) • Automotive • Aerospace and Defense • Construction Equipment • Power and Energy • Industrial • Others 5.4 North America Computer Numerical Controls Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Computer Numerical Controls Market (2021-2029) 6.1. European Computer Numerical Controls Market, by Type (2021-2029) 6.2. European Computer Numerical Controls Market, by Application (2021-2029) 6.3. European Computer Numerical Controls Market, by End-Use (2021-2029) 6.4. European Computer Numerical Controls Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Computer Numerical Controls Market (2021-2029) 7.1. Asia Pacific Computer Numerical Controls Market, by Type (2021-2029) 7.2. Asia Pacific Computer Numerical Controls Market, by Application (2021-2029) 7.3. Asia Pacific Computer Numerical Controls Market, by End-Use (2021-2029) 7.4. Asia Pacific Computer Numerical Controls Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Computer Numerical Controls Market (2021-2029) 8.1 Middle East and Africa Computer Numerical Controls Market, by Type (2021-2029) 8.2. Middle East and Africa Computer Numerical Controls Market, by Application (2021-2029) 8.3. Middle East and Africa Computer Numerical Controls Market, by End-Use (2021-2029) 8.4. Middle East and Africa Computer Numerical Controls Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Computer Numerical Controls Market (2021-2029) 9.1. South America Computer Numerical Controls Market, by Type (2021-2029) 9.2. South America Computer Numerical Controls Market, by Application (2021-2029) 9.3. South America Computer Numerical Controls Market, by End-Use (2021-2029) 9.4 South America Computer Numerical Controls Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Amada Co., Ltd. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 DMTG Corporation 10.3 Haas Automation 10.4 Okuma Corporation 10.5 Yamazaki Mazak Corporation 10.6 Amera Seiki 10.7 Hurco Companies, Inc. 10.8 Shenyang Machine Tool Co., Ltd. (SMTCL) 10.9 FANUC CORPORATION. 10.10 Bosch Rexroth AG 10.11 Dalian Machine Tool Group Corporation (DMTG) 10.12 Fagor Automation 10.13 Heidenhain Corporation 10.14 Mitsubishi Electric Corporation 10.15 Sandvik AB 10.16 Soft Servo Systems Inc. 10.17 Allied Machines & Engineering Corporation 10.18 SIEMENS AG 10.19 BYSTRONIC 10.20 Körber AG 10.21 Gleason Corporation,
