Market Highlights: The CNC machines are the manufacturing solutions that are equipped with pre-programmed computer software that used to dictates the movement of factory tools and machinery. The CNC delivers superior conventional properties to control a range of complex machinery, grinders, lathes, mills and routers. The CNC machines are mostly used in power and energy, construction equipment, automotive, industrial, and several other sectors . The CNC machines market is rapidly increasing in global regions due to 2D or 3D CAD drawing and numerical control in developed countries. Major companies such as Universal Robots and VersaBuilt launched a direct interface for cobots and CNC machines. It also offers safety interlocks features and work with automation solutions. The market study is being classified by Type (Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, CNC Routers, CNC Plasma Cutters and Others), by Application (Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the CNC Machines are DMG Mori Seiki (Germany), TRUMPF (Germany), AMADA (Japan), Okuma (Japan), MAG (United Kingdom), JTEKT (Japan), Schuler (Germany), GF Machining Solutions (Switzerland), Haas Automation (United States), Emag (Romania), Hyundai WIA (South Korea) and Makino (Japan).
Major Market Development Highlights In August 1 2018, Schuler has completely acquired one of the Italian press manufacturer Farina Presse, which is highly strengthening the product portfolio in the field of forging and single-stroke presses in customer groups of Europe. In 21 November 2018, Schuler has launched a first laser blanking line in cutting systems in Asia region. It is used to offers wide range of innovative DynamicFlow Technology that enabled highly dynamic cutting process and high strip speeds for the coil material for the automotive industries.
Key Questions Answered in the Report What will the CNC Machines Market size and the growth rate be in Future? What are the key factors driving the CNC Machines Market? What are the key market trends and macro-economic impacting the growth of the CNC Machines Market? What are the challenges to market growth? Who are the key vendors in the CNC Machines Market? What are the market opportunities and threats faced by the vendors in the CNC Machines Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the CNC Machines Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global CNC Machines market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in CNC Machines market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes CNC machines Manufacturers, CNC machines Traders, End-Use Market Participants of Different Segments of CNC machines, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.