CNC Machine Market - Forecasts from 2019 to 2024

January 2019 | 112 pages | ID: CC65204FF3EEN
Knowledge Sourcing Intelligence LLP

Abstracts

The CNC machine market is projected to grow at a CAGR of 7.62% to reach US$76.058 billion by 2024, from US$48.965 billion in 2018. In contrast to the conventional machines that requires continuous operator’s presence for optimal functioning, CNC machines does the mechanical process based on the pre-defined parameters embedded in computerized control unit which gives it instruction regarding the tool control, feed rate, coordinate systems etc. The growing competitive environment is resulting in firms pushing their efforts to increase the production in order to improve on its existing market position. The ability of the CNC machine to increase the productivity along with improving the overall safety as compared to the conventional machines is significantly driving the CNC machines market.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the CNC machine value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the CNC machine market.

Major industry players profiled as part of the report are Dalian Machine Tool Group Corporation, Samsung Machine Tools, Okuna Corporation, and Mazak Corporation among others.

Segmentation

The CNC machine market has been analyzed through following segments:
By Type
Lathe Machine
Milling Machine
Router Machine
Laser Cutting Machine
Plasma Cutting Machine
3D Printer
Pick and Place Machine
5-Axis Machine
By Industry Vertical
Aerospace and Defense
Energy & Power
Automotive
Manufacturing
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. CNC MACHINE MARKET BY TYPE

5.1. Lathe Machine
5.2. Milling Machine
5.3. Router Machine
5.4. Laser Cutting Machine
5.5. Plasma Cutting Machine
5.6. 3D Printer
5.7. Pick and Place Machine
5.8. 5-Axis Machine

6. CNC MACHINE MARKET BY INDUSTRY VERTICAL

6.1. Aerospace and Defense
6.2. Energy & Power
6.3. Automotive
6.4. Manufacturing
6.5. Others

7. CNC MACHINE MARKET BY GEOGRAPHY

7.1. North America
  7.1.1. USA
  7.1.2. Canada
  7.1.3. Mexico
  7.1.4. Others
7.2. South America
  7.2.1. Brazil
  7.2.2. Argentia
  7.2.3. Others
7.3. Europe
  7.3.1. Germany
  7.3.2. France
  7.3.3. United Kingdom
  7.3.4. Others
7.4. Middle East and Africa
  7.4.1. Saudi Arabia
  7.4.2. Israel
  7.4.3. Others
7.5. Asia Pacific
  7.5.1. China
  7.5.2. Japan
  7.5.3. India
  7.5.4. Others

8. COMPETITIVE INTELLIGENCE

8.1. Competition and Offerings Analysis of Key Vendors
8.2. Recent Investment and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Haas Automation, Inc.
9.2. Okuna Corporation
9.3. Mazak Corporation
9.4. Dalian Machine Tool Group Corporation
9.5. Heller Maschinenfabrik GmbH
9.6. Fagor Automation
9.7. Mitsubishi Corporation
9.8. Siemens AG
9.9. Hurco Companies, Inc.
9.10. Samsung Machine Tools
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER