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Computer Numerical Control (CNC) Market to Reach $18,293 Million, Globally, by 2022

<br>Computer Numerical Control (CNC) Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $18,293 million by 2022, registering a CAGR of 5.5% during the period 2016 - 2022.

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Computer Numerical Control (CNC) Market to Reach $18,293 Million, Globally, by 2022

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  1. Computer Numerical Control Market Opportunities and Forecasts, 2014 – 2021 PUBLISHED DATE: 23-Jan-17

  2. Increase in demand in mass production plants for various applications including electronic parts manufacturing, machining plastics, engraving steel, thermoforming, and machining graphite have fostered the adoption of CNC.  • In addition, the increase in production efficiency and better accuracy and precision of equipment in various sectors such as aerospace, automobile, healthcare. • However, high cost of CNC machines with highly advanced software languages restrict the market growth. Innovative developments in technologies and machine tool equipment along with increase in number of application areas such as micro drilling, dispensing, dental, and rapid prototyping are expected to provide numerous opportunities for the growth and development of the CNC market. • In 2015, the industrial machinery sector accounted for the maximum revenue share in the global CNC market, owing to growth in demand for accurate high-resolution devices and the need to reduce machining trajectory faults.  • Further, the integration of CNC technology with high-speed CNC hardware highlighting accurate detection and ultra-smooth rotation provide huge growth opportunities to the market in industrial machinery sector. CNC MARKET-INTRODUCTION

  3. COMPUTER NUMERICAL CONTROL MARKET-KEY FINDINGS • In 2015, lathe machine tools dominated the overall CNC market in terms of revenue, and is projected to grow at a CAGR of 4.9% during the forecast period • Automobile industry vertical is projected to grow at the highest CAGR of 6.1% during the forecast period • Industrial machinery industry vertical is projected to generate the highest revenue in the CNC market • In 2015, Europe generated the highest revenue among all regions in the world CNC market • Asia-Pacific is expected to grow at a remarkable CAGR of 5.6% during the forecast period • The global CNC market generated $12,734 million in 2015

  4. TABLE OF CONTENTS • INTRODUCTION • EXECUTIVE SUMMARY • MARKET OVERVIEW • COMPUTER NUMERICAL CONTROL MARKET BY MACHINE TOOL TYPE • COMPUTER NUMERICAL CONTROL MARKET, BY INDUSTRY VERTICAL • WORLD COMPUTER NUMERICAL CONTROL MARKET, BY GEOGRAPHY • COMPANY PROFILE

  5. COMPUTER NUMERICAL CONTROL MARKET -SEGMENT OVERVIEW

  6. GLOBAL CNC MARKET: TOP IMPACTING FACTORS

  7. GLOBAL CNC MARKET - BY GEOGRAPHY  North America, Europe, Asia Pacific, LAMEA

  8. COMPANYPROFILES  MONDRAGON Corporation GSK CNC Equipment  Soft Servo Systems  Bosch Rexroth AG Sandvik AB Siemens AG 

  9. THANK YOU Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/computer-numerical-control-market Follow Us On

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