Computer Numerical Control Trends and Forecast
The future of the global computer numerical control market looks promising with opportunities in the aerospace & defense, automobile, electronics, healthcare, and industry machinery markets. The global computer numerical control market is expected to reach an estimated $125.1 billion by 2030 with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are growing demand for accuracy and efficiency in terms of time, rising demand from small-scale industries, as well as, increasing use of additive manufacturing, and technical developments.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Computer Numerical Control by Segment
The study includes a forecast for the global computer numerical control by machine tool type, end use, and region.
Computer Numerical Control Market by Machine Tool Type [Shipment Analysis by Value from 2018 to 2030]:
• Lathes
• Mills
• Routers
• Grinders
• Others
Computer Numerical Control Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Defense
• Automobile
• Electronics
• Healthcare
• Industry Machinery
• Others
Computer Numerical Control Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Computer Numerical Control Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies computer numerical control companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the computer numerical control companies profiled in this report include-
• Hurco
• Protomatic
• Metal Craft
• AMS Micromedical
• JTEKT
• Haas Automation
• Fanuc
• Dr. Johannes Heidenhain
• Siemens
• DMG Mori Seiki
Computer Numerical Control Market Insights
Lucintel forecasts that lathe will remain the largest segment over the forecast period.
Within this market, industry machinery will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to expanding manufacturing sector investments, the existence of numerous manufacturing facilities, and numerous technical developments in the region.
Features of the Global Computer Numerical Control Market
Market Size Estimates: Computer numerical control market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Computer numerical control market size by machine tool type, end use, and region in terms of value ($B).
Regional Analysis: Computer numerical control market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different machine tool type, end use, and regions for the computer numerical control market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the computer numerical control market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the computer numerical control market size?
Answer: The global computer numerical control market is expected to reach an estimated $125.1 billion by 2030.
Q2. What is the growth forecast for computer numerical control market?
Answer: The global computer numerical control market is expected to grow with a CAGR of 9.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the computer numerical control market?
Answer: The major drivers for this market are growing demand for accuracy and efficiency in terms of time, rising demand from small-scale industries, as well as, increasing use of additive manufacturing, and technical developments.
Q4. What are the major segments for computer numerical control market?
Answer: The future of the global computer numerical control market looks promising with opportunities in the aerospace & defense, automobile, electronics, healthcare, and industry machinery markets.
Q5. Who are the key computer numerical control market companies?
Answer: Some of the key computer numerical control companies are as follows:
• Hurco
• Protomatic
• Metal Craft
• AMS Micromedical
• JTEKT
• Haas Automation
• Fanuc
• Dr. Johannes Heidenhain
• Siemens
• DMG Mori Seiki
Q6. Which computer numerical control market segment will be the largest in future?
Answer: Lucintel forecasts that lathe will remain the largest segment over the forecast period.
Q7. In computer numerical control market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanding manufacturing sector investments, the existence of numerous manufacturing facilities, and numerous technical developments in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the computer numerical control market by machine tool type (lathes, mills, routers, grinders, and others), end use (aerospace & defense, automobile, electronics, healthcare, industry machinery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Computer Numerical Control Market, Computer Numerical Control Market Size, Computer Numerical Control Market Growth, Computer Numerical Control Market Analysis, Computer Numerical Control Market Report, Computer Numerical Control Market Share, Computer Numerical Control Market Trends, Computer Numerical Control Market Forecast, Computer Numerical Control Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.