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Market Research Report

Computer Numerical Control (CNC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Published by IMARC Services Private Limited Product code 988412
Published Content info 111 Pages
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Computer Numerical Control (CNC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Published: February 2, 2021 Content info: 111 Pages
Description

The global computer numerical control (CNC) market exhibited moderate growth during 2015-2020. Computer numerical control (CNC) refers to the process of automating machines that operate through programmed commands encrypted on a storage medium. It involves generating a computer-aided design (CAD) and then translating it into G-code. After the CAD drawing is loaded in the machine control unit (MCU), an operator runs a test for ensuring its proper positioning and performance. Some of the manufacturing processes performed by these machines include shaping, grinding, bending, cutting, welding, gluing, drilling, hole punching, etc. Nowadays, CNC machines are widely utilized in the manufacturing of metal and plastic parts. Looking forward, IMARC Group expects the global computer numerical control (CNC) market to grow at a CAGR of 6.50% during 2021-2026.

A significant rise in the demand for large-scale automation has been witnessed in various industries owing to the increasing need for reducing the overall operational costs. This can also be accredited to the requirement of decreasing the manufacturing time as well as the chances of human error. Apart from this, the evolution of the Internet of Things (IoT) and machine learning technology has resulted in the development of applications which notify the status of the CNC machine to operators/supervisors on their computers as well as smartphones. Moreover, several governments are supporting the establishment of manufacturing units in their countries, which is further strengthening the market growth. In addition to this, manufacturers are launching new CNC machines that perform multiple operations simultaneously. These machines aid in increasing the flexibility for attendants and minimizing the workforce requirements.

IMARC Group's latest report provides a deep insight into the global computer numerical control (CNC) market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global computer numerical control (CNC) industry in any manner.

Report Coverage:

  • Historical, Current and Future Market Trends

Market Breakup by Machine Type:

  • Lathe Machines
  • Milling Machines
  • Laser Machines
  • Grinding Machines
  • Welding Machines
  • Winding Machines
  • Others

Market Breakup by End Use Industry:

  • Aerospace and Defense
  • Automobile
  • Electronics
  • Healthcare
  • Others

Market Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

Competitive Landscape:

  • The report has also analysed the competitive landscape of the market with some of the key players being Mondragon Corporation, GSK CNC Equipment, Soft Servo Systems, Heidenhain GmbH, Bosch Rexroth AG, Siemens AG, Sandvik AB, Haas Automation, Mitsubishi Electric Corporation, FANUC Corporation, etc.

Key Questions Answered in This Report:

  • How has the global computer numerical control (CNC) market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global computer numerical control (CNC) industry?
  • What has been the impact of COVID-19 on the global computer numerical control (CNC) industry?
  • What is the breakup of the market based on the machine type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the global computer numerical control (CNC) industry?
  • What are the key driving factors and challenges in the global computer numerical control (CNC) industry?
  • What is the structure of the global computer numerical control (CNC) industry and who are the key players?
  • What is the degree of competition in the global computer numerical control (CNC) industry?
Table of Contents
Product Code: SR1020A147_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Computer Numerical Control (CNC) Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Machine Type
  • 5.5 Market Breakup by End Use Industry
  • 5.6 Market Breakup by Region
  • 5.7 Market Forecast

6 Market Breakup by Machine Type

  • 6.1 Lathe Machines
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Milling Machines
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Laser Machines
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Grinding Machines
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Welding Machines
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Winding Machines
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Others
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast

7 Market Breakup by End Use Industry

  • 7.1 Aerospace and Defense
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Automobile
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Electronics
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Healthcare
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Asia Pacific
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Middle East and Africa
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Latin America
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 MONDRAGON Corporation
    • 13.3.2 GSK CNC Equipment
    • 13.3.3 Soft Servo Systems
    • 13.3.4 Heidenhain GmbH
    • 13.3.5 Bosch Rexroth AG
    • 13.3.6 Siemens AG
    • 13.3.7 Sandvik AB
    • 13.3.8 Haas Automation
    • 13.3.9 Mitsubishi Electric Corporation
    • 13.3.10 FANUC Corporation

List of Figures

  • Figure 1: Global: Computer Numerical Control Market: Major Drivers and Challenges
  • Figure 2: Global: Computer Numerical Control Market: Sales Value (in Billion US$), 2015 - 2020
  • Figure 3: Global: Computer Numerical Control Market: Breakup by Machine Type (in %), 2020
  • Figure 4: Global: Computer Numerical Control Market: Breakup by End Use Industry (in %), 2020
  • Figure 5: Global: Computer Numerical Control Market: Breakup by Region (in %), 2020
  • Figure 6: Global: Computer Numerical Control Market Forecast: Sales Value (in Billion US$), 2021-2026
  • Figure 7: Global: Computer Numerical Control Industry: SWOT Analysis
  • Figure 8: Global: Computer Numerical Control Industry: Value Chain Analysis
  • Figure 9: Global: Computer Numerical Control Industry: Porter's Five Forces Analysis
  • Figure 10: Global: Computer Numerical Control (Lathe Machines) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 11: Global: Computer Numerical Control (Lathe Machines) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 12: Global: Computer Numerical Control (Milling Machines) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 13: Global: Computer Numerical Control (Milling Machines) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 14: Global: Computer Numerical Control (Laser Machines) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 15: Global: Computer Numerical Control (Laser Machines) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 16: Global: Computer Numerical Control (Grinding Machines) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 17: Global: Computer Numerical Control (Grinding Machines) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 18: Global: Computer Numerical Control (Welding Machines) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 19: Global: Computer Numerical Control (Welding Machines) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 20: Global: Computer Numerical Control (Winding Machines) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 21: Global: Computer Numerical Control (Winding Machines) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 22: Global: Computer Numerical Control (Other Machine Types) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 23: Global: Computer Numerical Control (Other Machine Types) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 24: Global: Computer Numerical Control (Aerospace and Defense) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 25: Global: Computer Numerical Control (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 26: Global: Computer Numerical Control (Automobile) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 27: Global: Computer Numerical Control (Automobile) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 28: Global: Computer Numerical Control (Electronics) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 29: Global: Computer Numerical Control (Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 30: Global: Computer Numerical Control (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 31: Global: Computer Numerical Control (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 32: Global: Computer Numerical Control (Other Industries) Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 33: Global: Computer Numerical Control (Other Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 34: North America: Computer Numerical Control Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 35: North America: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 36: Asia Pacific: Computer Numerical Control Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 37: Asia Pacific: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 38: Europe: Computer Numerical Control Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 39: Europe: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 40: Middle East and Africa: Computer Numerical Control Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 41: Middle East and Africa: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2021-2026
  • Figure 42: Latin America: Computer Numerical Control Market: Sales Value (in Million US$), 2015 & 2020
  • Figure 43: Latin America: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2021-2026

List of Tables

  • Table 1: Global: Computer Numerical Control Market: Key Industry Highlights, 2020 and 2026
  • Table 2: Global: Computer Numerical Control Market Forecast: Breakup by Machine Type (in Million US$), 2021-2026
  • Table 3: Global: Computer Numerical Control Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
  • Table 4: Global: Computer Numerical Control Market Forecast: Breakup by Region (in Million US$), 2021-2026
  • Table 5: Global: Computer Numerical Control Market Structure
  • Table 6: Global: Computer Numerical Control Market: Key Players
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