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Global Computer Numerical Control Solutions Market 2019-2023

Global Computer Numerical Control Solutions Market 2019-2023

About Computer Numerical Control Solutions

A CNC system comprising drivers, motors, controllers and other components is used in automated manufacturing sector.

Technavio’s analysts forecast the global computer numerical control solutions market to grow at a CAGR of 5.19% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global Computer Numerical Control Solutions market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of CNC solutions across various end-user industries.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Computer Numerical Control Solutions Market 2019-2023, 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
  • BASF
  • Berry Global
  • DowDuPont
  • ExxonMobil
  • RPC Group
Market driver
  • Increased use of servo-based systems in industries
  • For a full, detailed list, view our report
Market challenge
  • Stringent regulations and standards
  • For a full, detailed list, view our report
Market trend
  • Application of Artificial Intelligence and system integration
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Computer Numerical Control Solutions Market 2019-2023

Technavio recognizes the following companies as the key players in the global computer numerical control solutions market: FANUC, Mitsubishi Electric, Robert Bosch, Rockwell Automation, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing application of Artificial Intelligence and system integration. Modern CNC systems are comprising of intelligent software for different functions and the use of this technology is expected to gain traction in the market.”

According to the report, one of the major drivers for this market is the rapidly increasing use of servo-based systems in industries. The ability of these systems to respond to the problems helps in prioritizing the workflow and making professionals flexible and ready for emergencies.

Further, the report states that one of the factors hindering the growth of this market is the growing second-hand machine market. The large-scale shift of base for manufacturing activities in emerging economies has led to the emergence of second-hand machine market which is expected to pose a threat to the market.

Companies Mentioned

FANUC

Mitsubishi Electric

Robert Bosch

Rockwell Automation

Siemens

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global machine tools market
      • Table Segments of global machine tools market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by solution
    • Table Solution - Market share 2018-2023 (%)
    • Comparison by solution
      • Table Comparison by solution
    • Servo drives - Market size and forecast 2018-2023
      • Table Servo drives - Market size and forecast 2018-2023 ($ millions)
      • Table Servo drives - Year-over-year growth 2019-2023 (%)
    • Servo motors - Market size and forecast 2018-2023
      • Table Servo motors - Market size and forecast 2018-2023 ($ millions)
      • Table Servo motors - Year-over-year growth 2019-2023 (%)
    • Controllers - Market size and forecast 2018-2023
      • Table Controllers - Market size and forecast 2018-2023 ($ millions)
      • Table Controllers - Year-over-year growth 2019-2023 (%)
    • Market opportunity by solution
      • Table Market opportunity by solution
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 ($ millions)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Industrial machinery - Market size and forecast 2018-2023
      • Table Industrial machinery - Market size and forecast 2018-2023 ($ millions)
      • Table Industrial machinery - Year-over-year growth 2019-2023 (%)
    • Aerospace and defense - Market size and forecast 2018-2023
      • Table Aerospace and defense - Market size and forecast 2018-2023 ($ millions)
      • Table Aerospace and defense - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Manufacturing value addition in China, India, Indonesia, and Thailand 2010-2016 ($ trillions)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EU manufacturing value addition 2010-2016 ($ trillions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table US manufacturing value added 2010-2016 ($ trillions)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • FANUC
      • Table FANUC - Vendor overview
      • Table FANUC - Business segments
      • Table FANUC - Organizational developments
      • Table FANUC - Geographic focus
      • Table FANUC - Segment focus
      • Table FANUC - Key offerings
    • Mitsubishi Electric
      • Table Mitsubishi Electric - Vendor overview
      • Table Mitsubishi Electric - Business segments
      • Table Mitsubishi Electric - Organizational developments
      • Table Mitsubishi Electric - Geographic focus
      • Table Mitsubishi Electric - Segment focus
      • Table Mitsubishi Electric - Key offerings
    • Robert Bosch
      • Table Robert Bosch - Vendor overview
      • Table Robert Bosch - Business segments
      • Table Robert Bosch - Organizational developments
      • Table Robert Bosch - Geographic focus
      • Table Robert Bosch - Segment focus
      • Table Robert Bosch - Key offerings
    • Rockwell Automation
      • Table Rockwell Automation - Vendor overview
      • Table Rockwell Automation - Business segments
      • Table Rockwell Automation - Organizational developments
      • Table Rockwell Automation - Geographic focus
      • Table Rockwell Automation - Segment focus
      • Table Rockwell Automation - Key offerings
    • Siemens
      • Table Siemens - Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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