Global Computer Numerical Control (CNC) Solutions Market 2015-2019

About CNC solutions

CNC solutions are effective and efficient motion control systems that provide speedy and accurate execution of machining processes. These systems are deployed in manufacturing industries to create high-quality products. They are equipped with high-speed microprocessors to deliver high-precision machining processes with integrated safety functions for a foolproof and safe working environment. A CNC machine is used for a variety of applications, such as turning, milling, stamping, forming, grinding, polishing, woodworking, punching, and other cutting operations. Therefore, they are preferred over conventional machine tools by different sectors such as aerospace and defense, automotive, industrial machinery, healthcare, electrical and electronics, and consumer products.

Technavio's analysts forecast the global CNC solutions market to grow at a CAGR of 5.45% over the period 2014-2019.

Covered in this report

This report covers the present scenario and growth prospects of the global CNC solutions market for the period 2015–2019. The report considers revenue generated from the sales and services of CNC solutions such as:

• Servo drives
• Servo motors
• CNC controllers

The report does not consider revenue generated from the following:

• Spindles
• Software
• Services

The report also covers the major vendors in the global CNC solutions market. It presents the vendor landscape and a corresponding detailed analysis of the major vendors in the global CNC solutions market. In addition, the report discusses the main drivers that influence the growth of the global CNC solutions market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that will contribute to the growth of the market.

Key regions

• Americas
• APAC
• EMEA

Key vendors

• Fanuc
• Haas
• Mitsubishi
• Siemens

Other prominent vendors

• Anilam
• Bosch Rexroth
• Centroid
• Cosmos
• Fagor Automation
• GSK CNC Equipment
• Hardinge
• Heidenhain
• Sieb and Meyer

Market driver

• Increased need for savings on cost
• For a full, detailed list, view our report

Market challenge

• Need for technical expertise
• For a full, detailed list, view our report

Market trend

• Increased use of mobile applications
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2019 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 Computer Numerical Control Solutions Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Computer Numerical Control Solutions Market: Fanuc, Haas, Mitsubishi and Siemens

Other Prominent Vendors in the market are: Anilam, Bosch Rexroth, Centroid, Cosmos, Fagor Automation, GSK, CNC Equipment, Hardinge, Heidenhain, and Sieb & Meyer.

Commenting on the report, an analyst from Technavio’s team said: “Most new CNC machines involve heavy investments with high capital outflow. Thus, some MSMEs are reluctant to completely replace their existing CNCs with new ones. Therefore, vendors have started offering retrofitting services to attract new customers and increase their sales through new spare part sales and support services.”

According to the report, the need for multitasking and greater productivity without increasing the workforce has put CNC machines in greater demand over the years. A single user can operate a number of CNC machines simultaneously, reducing the necessity for a large labor pool.

Further, the report states that Issues of overcapacities, especially in large OEM factories, pose a threat to the global CNC solutions market.

Companies Mentioned

Fanuc, Haas, Mitsubishi, Siemens, Anilam, Bosch Rexroth, Centroid, Cosmos, Fagor Automation, GSK, CNC Equipment, Hardinge, Heidenhain, Sieb & Meyer.