What is CNC Machines Market Scope?
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 CNC Machines 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. According to AMA, the Global CNC Machines market is expected to see growth rate of 5.4%
Research Analyst at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global CNC Machines market throughout the predicted period.
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) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Korber AG (Germany), Schutte (United States), Gleason (United States), MTSUBISHI HEAVY INDUSTRIES, Chiron Corporation (United States) and Hurco (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global CNC Machines market by Type, Application and Region. On the basis of Type, Type are dominating the market in the year 2019 where as Lathe machines stood as second largest market share.
On the basis of geography, the market of CNC Machines has been segmented into 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).
Market Influencers and their development strategies
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.
“According to OSHA Regulation air contaminant permissible exposure, limits apply to MWFs- 5 mg/m3 for an 8-hour time weighted average (TWA) for mineral, oil mist”. and “According to FDA , all equipment that executes any process that can or could change, damage or obscure the quality, efficacy or manufacturing records of a regulatory controlled product, must be qualified by being validated”.
Influencing Market Trend
- Increase demand of CNC Machines due to computer-aided manufacturing (CAM) software that offers real time.
- Upsurge demand due to reduction of vibrations, wear, and noise.
Market Drivers
- Rise in Implementation of CNC Machines in Laser, Millings, Lathe, Grinding And Welding Machines.
- The Technology Advancements Lead to Increase of CNC Machines in Industries.
Opportunities
- Implementation of Advanced Compact Sized CNC and Automatic Tools application by Developed Countries.
- Rise in Need Of CNC Machines for Reducing Manpower Cost, Operating Cost and Errors.
Restraints
- The CNC Machines are High Cost as Compared to Manually Operated Machines.
- Lack of Skilled Professional to Operate CNC Machines.
Challenges
- Adverse Impact Due To High Maintenance Cost.
Key Target Audience
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
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