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