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Global 5-Axis CNC Machining Centers Market 2017-2021

Global 5-Axis CNC Machining Centers Market 2017-2021

About 5-Axis CNC Machining Centers

5-axis CNC machining centers enable the cutting tool to move across the X, Y and Z linear axes. Two additional axes, A and B, help to move the object precisely in any direction.

Technavio’s analysts forecast the global 5-Axis CNC machining centers market to grow at a CAGR of 6.66% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global 5-Axis CNC machining centers market for 2017-2021. To calculate the market size, the report considers the new installations, sales, value retrofit and replacement market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global 5-Axis CNC Machining Centers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Haas Automation
  • Hurco
  • Makino
  • Okuma
  • Shenyang Machine Tools
Other prominent vendors
  • CMS North America
  • FANUC
  • Jyoti CNC Automation
  • Yamazaki Mazak Corporation
  • Mitsubishi Electric
  • Siemens AG
Market driver
  • Self-optimized machine cutting
  • For a full, detailed list, view our report
Market challenge
  • Highly capital-intensive market
  • For a full, detailed list, view our report
Market trend
  • Cloud-based CNC systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global 5-Axis CNC Machining Centers Market 2017-2021

Technavio recognizes the following companies as the key players in the global 5-Axis CNC machining centers market: Haas Automation, Hurco, Makino, Okuma, and Shenyang Machine Tools.

Other Prominent Vendors in the market are: CMS North America, FANUC, Jyoti CNC Automation, Yamazaki Mazak Corporation, Mitsubishi Electric, and Siemens AG.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is cloud-based CNC systems. The evolution of industry 4.0 and IIoT have given rise to the demand for cloud-based computing to manage the huge amounts of data in a cost-effective manner. Therefore, it is expected that CNCs, being essential machine tool devices, will incorporate cloud-based systems.”

According to the report, one of the major drivers for this market is self-optimized machine cutting. The cutting process primarily consists of 5-axis milling and gun drilling processes and operations. The rising self-optimization capability of these processes in 5-axis CNC machines is likely to increase the production efficiency of the cutting process along with a reduction of cost.

Further, the report states that one of the major factors hindering the growth of this market is highly capital-intensive market. The machine tools market is capital intensive, and the profitability of this market is highly correlated to the prices of raw materials, such as iron, steel, aluminum, brass, and copper. It is estimated that these raw materials approximately account for 48% of the overall manufacturing cost. Fluctuations in raw material price have a negative impact on manufacturers due to the frequent changes in pricing strategy.

Companies Mentioned

Haas Automation, Hurco, Makino, Okuma, Shenyang Machine Tools, CMS North America, FANUC, Jyoti CNC Automation, Yamazaki Mazak Corporation, Mitsubishi Electric, and Siemens AG.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Benefits of 5-Axis CNC machining centers.
  • Market landscape
    • Market overview
      • Table Segmentation of global 5-axis CNC machining centers market
      • Table Supply chain of global 5-axis CNC machining centers market
      • Table Key market dynamics
    • Market size and forecast
      • Table Global 5-axis CNC machining centers market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global 5-axis CNC machining centers by product segment 2016 and 2021 (%)
    • Global vertical 5-axis CNC machining centers market
      • Table Global vertical 5-axis CNC machining centers market 2016-2021 ($ millions)
    • Global horizontal 5-axis CNC machining centers market
      • Table Global 5-axis CNC horizontal machining centers market 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Global 5-axis CNC machining centers by end-user 2016 and 2021(%)
    • Global 5-axis CNC machining centers market in automotive
      • Table Global 5-axis CNC machining centers market in automotive segment 2016-2021 ($ millions)
      • Table Key investments in automotive industry
    • Global 5-axis CNC machining centers market in aerospace
      • Table Global 5-axis CNC machining centers market in aerospace segment 2016-2021 ($ millions)
    • Global 5-axis CNC machining centers market in metal fabrication shops
      • Table Global 5-axis CNC machining centers market in metal fabrication shops segment 2016-2021 ($ millions)
    • Global 5-axis machining centers market in others
      • Table Global 5-axis CNC machining centers market in others segment 2016-2021 ($ millions)
      • Table Growth rate in electronics industry by geography 2016 (%)
  • Geographical segmentation
    • Market overview
      • Table Global 5-axis CNC machining centers market by geography 2016 and 2021(%)
    • 5-axis CNC machining centers market in APAC
      • Table 5-axis CNC machining centers market in APAC 2016-2021 ($ millions)
      • Table Development in China in favor of CNC machining centers
      • Table List of investments in automotive industry in APAC
    • 5-axis machining centers market in EMEA
      • Table 5-axis CNC machining centers market in EMEA 2016-2021 ($ millions)
      • Table Key investments in automotive industry in Europe
    • 5-axis machining centers market in Americas
      • Table 5-axis CNC machining centers market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table List of technological advances in CNC machines
      • Table Global fabricated metal product market 2015 and 2020 ($ trillions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Reduction of changeover time
    • Cloud-based CNC systems
    • Development in controllers
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Haas Automation
      • Table Haas Automation: Product portfolio
      • Table Haas Automation: Recent developments in global 5 Axis5-axis CNC machining centers market
    • Hurco
      • Table Hurco: Product portfolio
      • Table Hurco: Recent developments in global 5-axis CNC machining centers market
    • Makino
      • Table Makino: Product portfolio
      • Table Makino: Recent developments in global 5-axis CNC machining centers market
    • Okuma
      • Table Okuma: Product portfolio
      • Table Okuma: Recent development in global 5-axis CNC machining centers market
    • Shenyang Machine Tools
      • Table Shenyang Machine Tools: Product portfolio
      • Table Shenyang Machine Tools: Recent development in global 5-axis CNC machining centers market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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