Global Computer Numerical Controls (CNC) Market Size, Share, Forecast Report, 2020-2027

The global Computer Numerical Controls (CNC) market garnered revenue around USD 64.4 Billion in 2019 and projected to reach USD 115.1 Billion in 2027, with at a compound annual growth rate of 6.7% throughout the estimate period from 2020 to 2027.

The growing demand for production efficiency is aiding the uptake of computer numerical controls (CNC) as these machines streamline various operational processes by reducing production time and minimizing human error. The highly competitive environment has compelled players to focus on efficient manufacturing techniques. They are also trying to gain competitive advantage by redesigning their manufacturing facilities to include CNC machines. The integration of 3D printing with CNC machines is one such addition to some of the new production units, which is expected to offer better product design with little to no resource wastage.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Computer Numerical Controls (CNC) market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Computer Numerical Controls (CNC) market growth.

The global Computer Numerical Controls (CNC) market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

• Fanuc Corporation,

• Haas Automation,

• Dr. Johannes Heidenhain GmbH,

• OKUMA Corporation,

• Siemens AG,

• JTEKT Corporation,

• GSK CNC Equipment Co. Ltd.,

• DMG Mori Co. Ltd.,

• Takisawa Machine Tool Co. Ltd., and

• Yamazaki Mazak Corporation.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Computer Numerical Controls (CNC) Market, By Type

• Lathe Machines

• Milling Machines

• Lasers

• Grinding Units

• Welding Machines

• Winding Machines

• Others

Global Computer Numerical Controls (CNC) Market, By Application

• Automotive

• Industrial

• Power & Energy

• Defense & Aerospace

• Others

By Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Rest of Asia Pacific

• Middle East & Africa

o United Arab Emirates

o Saudi Arabia

o South Africa

• Latin America

o Brazil

o Rest of Latin America

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America

 U.S.

 Canada

• Europe

 Germany

 U.K.

 Italy

 France

 Rest of EU

• Asia Pacific

 China

 India

 Japan

 Southeast Asia

 Rest of APAC

• Central & South America

 Brazil

 Argentina

 Rest of Central & South America

• Middle East and Africa

 UAE

 Saudi Arabia

 Rest of MEA