Computer Numerical Control Market Size, Share, Trends, Growth & Forecast to 2019-2024

1. Global Computer Numerical Control Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Computer Numerical Control Market Overview: According to the latest report by IMARC Group, titled “Computer Numerical Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global computer numerical control market size has witnessed steady growth in 2018. Computer numerical control (CNC) is the method employed for automating the control of machine tools via software. It is used to shape stock materials, like metal, plastics, wood, foam and composite, into custom parts and designs. The software program is uniquely written in an international standard language known as G-code, which is used by the microcomputer or machine control unit (MCU). These software programs combine a series of parameters and instructions related to the feed rate of materials, along with the positioning and speed of the machine tools. Global Computer Numerical Control Market Trends: CNC helps in providing enhanced speed and flexibility, higher accuracy, better contour machining for producing 3D designs. It also helps in automating processes, thereby eliminating or reducing the need for manual labor as compared to traditional machining. Besides this, the leading companies are integrating 3D printing techniques with CNC machines to help in the manufacturing of complex curved geometries, which is extremely expensive by mechanical means.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 These units utilize CNC machines to increase production efficiency, as well as minimize human errors. Looking forward, the market is projected to expand at a CAGR of 5% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/computer-numerical-control- market/requestsample

5. Report Description and Highlights Report Description 3D printing also aids in reducing resource wastage and enhancing multi-material capability. Also, the advent of the Internet of Things (IoT), coupled with innovations in machine learning technology, has provided a positive impact on the growth of the market. Furthermore, various government initiatives like, ‘Made in China 2025’ by the Government of China and ‘Made in India’ by the Government of India, have propelled the establishment of automated manufacturing units in these regions. For more information, click here: https://www.imarcgroup.com/computer-numerical-control-market Key Market Segmentation: Market Segmentation by Machine Type • • • • • • • Lathe Machines Milling Machines Laser Machines Grinding Machines Welding Machines Winding Machines Others

6. Report Description and Highlights Report Description Based on the machine type, the market has been categorized into lathe, milling, laser, grinding, welding, winding and other machines. Market Segmentation by End Use Industry • • • • • Aerospace and Defense Automobile Electronics Healthcare Others On the basis of the end use, the market is bifurcated into aerospace and defense, automobile, electronics, healthcare and other industries. Market Segmentation by Region • • North America Asia Pacific

7. Report Description and Highlights Report Description • • • Europe Middle East and Africa Latin America Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • • • MONDRAGON Corporation GSK CNC Equipment Soft Servo Systems Heidenhain GmbH Bosch Rexroth AG Siemens AG Sandvik AB

8. Report Description and Highlights Report Description • • • Haas Automation Mitsubishi Electric Corporation FANUC Corporation Browse Related Report Set-Top Box Market Report: https://www.imarcgroup.com/set-top-box-market Digital Multimeter Market Report: https://www.imarcgroup.com/digital-multimeter-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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