Oct 31, 2019   SOURCE: PR NewsWire

Global Computer Numerical Control (CNC) Market Report 2019: Industry Trends, Share, Size, Growth, Opportunity and Forecasts, 2011-2018 & 2019-2024

DUBLIN, Oct. 31, 2019 /PRNewswire/ -- The "Computer Numerical Control (CNC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

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The global computer numerical control (CNC) market is expected to grow at a CAGR of around 5% during 2019-2024

Computer numerical control (CNC) refers to the process of automating machines that operate through programmed commands encrypted on a storage medium. It involves generating a computer-aided design (CAD) and then translating it into G-code.

After the CAD drawing is loaded in the machine control unit (MCU), an operator runs a test for ensuring its proper positioning and performance. Some of the manufacturing processes performed by these machines include shaping, grinding, bending, cutting, welding, gluing, drilling, hole punching, etc. Nowadays, CNC machines are widely utilized in the manufacturing of metal and plastic parts.

A significant rise in the demand for large-scale automation has been witnessed in various industries owing to the increasing need for reducing the overall operational costs. This can also be accredited to the requirement of decreasing the manufacturing time as well as the chances of human error.

Apart from this, the evolution of the Internet of Things (IoT) and machine learning technology has resulted in the development of applications which notify the status of the CNC machine to operators/supervisors on their computers as well as smartphones.

Moreover, several governments are supporting the establishment of manufacturing units in their countries, which is further strengthening the market growth. In addition to this, manufacturers are launching new CNC machines that perform multiple operations simultaneously. These machines aid in increasing the flexibility for attendants and minimizing the workforce requirements.

This latest report provides a deep insight into the global computer numerical control (CNC) market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.

This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global computer numerical control (CNC) industry in any manner.

Key Questions Answered in This Report:

    --  How has the global computer numerical control (CNC) market performed so
        far and how will it perform in the coming years?
    --  What are the key regional markets in the global computer numerical
        control (CNC) industry?
    --  What is the breakup of the market based on the machine type?
    --  What is the breakup of the market based on the end use industry?
    --  What are the various stages in the value chain of the global computer
        numerical control (CNC) industry?
    --  What are the key driving factors and challenges in the global computer
        numerical control (CNC) industry?
    --  What is the structure of the global computer numerical control (CNC)
        industry and who are the key players?
    --  What is the degree of competition in the global computer numerical
        control (CNC) industry?

Key Topics Covered:

1 Preface

2 Scope & Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Computer Numerical Control (CNC) Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Machine Type
5.4 Market Breakup by End-use Industry
5.5 Market Breakup by Region
5.6 Market Forecast

6 Market Breakup by Machine Type
6.1 Lathe Machines
6.2 Milling Machines
6.3 Laser Machines
6.4 Grinding Machines
6.5 Welding Machines
6.6 Winding Machines
6.7 Others

7 Market Breakup by End-use Industry
7.1 Aerospace & Defense
7.2 Automobile
7.3 Electronics
7.4 Healthcare
7.5 Others

8 Market Breakup by Region
8.1 North America
8.2 Asia-Pacific
8.3 Europe
8.4 Middle East & Africa
8.5 Latin America

9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 MONDRAGON Corporation
13.3.2 GSK CNC Equipment
13.3.3 Soft Servo Systems
13.3.4 Heidenhain GmbH
13.3.5 Bosch Rexroth AG
13.3.6 Siemens AG
13.3.7 Sandvik AB
13.3.8 Haas Automation
13.3.9 Mitsubishi Electric Corporation
13.3.10 FANUC Corporation

For more information about this report visit https://www.researchandmarkets.com/r/868yd7

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