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Computer Numerical Control Machines (CNC) Market Scope & Overview:

Computer Numerical Control Machines (CNC) Market Revenue Analysis

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The Computer Numerical Control Machines (CNC) Market size was estimated at USD 66.4 Billion in 2023 and is expected to reach USD 162.16 Billion by 2032 at a CAGR of 10.43% during the forecast period of 2024-2032.

The Computer Numerical Control (CNC) Machines Market is experiencing significant growth, fueled by an increasing demand for precision and automation in manufacturing processes across diverse industries. CNC machines automate machine tools through computer control, enabling high precision in tasks such as drilling, milling, and cutting. This technology is widely adopted in sectors like aerospace, automotive, electronics, and metalworking, where precision and efficiency are critical. The market is also witnessing a shift towards advanced technologies, including integrated CNC systems and IoT-enabled machines, which enhance monitoring and data analysis capabilities, leading to improved operational efficiency. This robust growth is attributed to the rising adoption of automated manufacturing processes, significant investments in the automotive and aerospace sectors, and an increasing emphasis on reducing production costs while enhancing productivity. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) in CNC technology is transforming the landscape, making operations smarter and more efficient.

Production costs for CNC machines can vary widely based on the type and complexity of the machine. Typically, the manufacturing costs for CNC machines range from USD 30,000 to USD 500,000 per unit, influenced by factors such as size, capabilities, and technological features. High-end CNC machines, particularly those with advanced technologies like multi-axis systems and automated tooling, generally incur higher production costs. Nonetheless, the investment in CNC machines is often justified by substantial long-term savings in labor costs and increased output, positioning them as a strategic addition for manufacturers seeking a competitive edge in a rapidly evolving market.

MARKET DYNAMICS

DRIVERS

  • The increasing demand for CNC machines stems from their unmatched precision and efficiency, essential for complex, high-accuracy manufacturing in industries like aerospace, automotive, and electronics.

The growing demand for precision and efficiency in manufacturing is a key driver of the Computer Numerical Control (CNC) machines market. CNC machines are renowned for their ability to deliver unparalleled precision, consistency, and efficiency, which are essential in industries such as aerospace, automotive, and electronics. These industries require highly accurate and complex parts, and CNC machines are capable of producing components with minute tolerances that would be difficult or impossible to achieve with manual processes. As manufacturing processes evolve and become more intricate, the need for high accuracy and minimal human intervention is increasingly vital. CNC machines automate various manufacturing tasks, drastically reducing the risk of human error. This results in not only improved product quality but also enhanced production speed. By automating repetitive and complex tasks, CNC machines ensure that parts can be manufactured in bulk with identical precision.

Moreover, CNC technology enables manufacturers to achieve mass production with minimal setup time, optimizing the use of raw materials and labor. This efficiency is especially crucial in sectors like automotive and electronics, where large quantities of parts are required with tight deadlines. The precision and automation provided by CNC machines also contribute to reducing production costs and waste, further improving their value proposition in modern industrial applications.

  • Innovations in CNC technology, such as multi-axis machines and hybrid systems, are enhancing machine performance and versatility, enabling their application in specialized, high-precision industries like medical devices and precision engineering.

Advances in CNC technology is significantly enhancing the performance, flexibility, and versatility of CNC machines. One key development is the rise of multi-axis machines, which enable more complex and precise machining operations by allowing movement in multiple directions simultaneously. This innovation is particularly useful in industries like aerospace and automotive, where intricate and detailed parts are required. Additionally, hybrid CNC systems, which combine both additive and subtractive manufacturing techniques, are transforming production by integrating 3D printing with traditional CNC machining. This allows manufacturers to achieve more complex geometries while optimizing material usage and production efficiency.

Software advancements are another major driver of CNC technology improvements. The incorporation of advanced controls, IoT (Internet of Things) connectivity, and artificial intelligence (AI) is making CNC machines smarter and more automated. These features allow for real-time monitoring, predictive maintenance, and enhanced accuracy, further minimizing human error and reducing downtime. As a result, CNC machines are now being deployed in more specialized and high-value industries, such as medical device manufacturing and precision engineering, where the production of intricate and highly accurate components is crucial. These ongoing innovations are expanding the capabilities of CNC machines beyond traditional applications, driving their adoption in advanced manufacturing sectors and positioning them as indispensable tools for modern production processes.

RESTRAIN

  • High initial investment and maintenance costs of CNC machines create a major barrier for small and medium-sized enterprises (SMEs) with limited budgets.

The high initial investment and maintenance costs associated with CNC machines present a significant barrier, particularly for small and medium-sized enterprises (SMEs). While CNC machines offer considerable long-term benefits, such as increased precision, productivity, and reduced human error, the upfront expense of purchasing and installing these machines is substantial. The capital investment required for CNC machines includes not only the cost of the equipment itself but also the necessary infrastructure modifications, such as electrical upgrades and workspace adjustments. For SMEs with limited financial resources, this initial cost can be prohibitive, preventing them from adopting this advanced technology.

In addition to the initial investment, CNC machines come with ongoing maintenance costs that further strain company budgets. Regular upkeep, software updates, and machine calibration are necessary to ensure optimal performance and minimize downtime. These maintenance tasks often require specialized technicians or skilled labor, which adds to the operational expenses. Furthermore, any machine downtime due to technical issues can lead to costly production delays, making the overall cost of ownership even higher. For SMEs, which often operate on tighter margins, these ongoing costs can deter them from fully leveraging CNC technology, even if it could improve their long-term competitiveness. As a result, many smaller businesses may hesitate to adopt CNC machines, despite the clear advantages in efficiency and precision that these machines offer, hindering their ability to compete with larger, more well-capitalized enterprises.

KEY MARKET SEGMENTS

By Type

The Lathe machines segment accounted for largest market share of over 29.06% in 2023. The automotive sector is expected to remain the major contributor of the segment as lathe machines are capable of performing tasks quickly. This demand is attributed to the requirement of producing personalized components such as cylinder heads, gearboxes, starter motors, and for prototyping purposes. The segment is also likely to gain from continued technological strides in CNC lathe systems already out there. The introduction of the new features to suiting various applications will further boost segment growth.

Computer-Numerical-Control-Machines-Market-Segmentation-By-Type

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By End-use

The industrial segment accounted for largest market share of approximately 28.09% in 2023. Industries have turned to adopting CNC machines as it the easiest and fastest way to all forms of automation with better operating efficiencies. These are the machines that do complex manufacturing take place with minimal human intervention, which in turn result in more output and less production time. Additionally, the industrial sector differs in its inclusion of multiple manufacturing industries (packaging, electronics, medical and others).

REGIONAL ANALYSIS

The Asia Pacific region is currently dominating the market, valued at approximately 35.08% in 2023. This dominance is primarily due to significant technological advancements, a surge in manufacturing outsourcing services, and rapid industrialization within the region. The availability of low-cost raw materials and operational costs has further fueled the demand for CNC machines, resulting in increased sales and market penetration.

Computer-Numerical-Control-Machines-Market-Regional-Analysis-2023.

Key players

Some of the major players in the Computer Numerical Control Machines Market:

  • AMADA MACHINERY CO., LTD.: (CNC Laser Cutting Machines, CNC Punch Presses)

  • Amera Seiki: (CNC Turning Centers, CNC Vertical Machining Centers (VMC)

  • DMG MORI CO., LTD.: (CNC Lathes, CNC Milling Machines, CNC Universal Machines (DMU Series)

  • General Technology Group: (CNC Horizontal Machining Centers, CNC Boring and Milling Machines)

  • Dalian Machine Tool Corporation: (CNC Lathes, CNC Drilling Machines)

  • DATRON AG: (High-Speed CNC Milling Machines (DATRON M8Cube)

  • FANUC CORPORATION: (CNC Controls, CNC Robodrill (High Precision CNC Machining Center)

  • Haas Automation, Inc.: (CNC Vertical Machining Centers (VF Series), CNC Turning Centers (ST Series)

  • Hurco Companies, Inc.: (CNC Machine Tools (VM Series Machining Centers, TM Series CNC Lathes)

  • OKUMA Corporation: (CNC Multitasking Machines, CNC Lathes (LU Series)

  • Shenyang Machine Tool Part Co., Ltd.: (CNC Milling Machines, CNC Machining Centers)

  • YAMAZAKI MAZAK CORPORATION: (CNC Multi-tasking Machines (INTEGREX Series), CNC Lathes (QUICK TURN Series)

  • Makino Milling Machine Co., Ltd.: (CNC Vertical and Horizontal Machining Centers (PS Series)

  • Schuler AG: (CNC Press Brakes, CNC Punching Machines)

  • Siemens AG: (CNC Controllers (Sinumerik Series), CNC Automation Systems)

  • GF Machining Solutions: (CNC Milling Machines, CNC Electrical Discharge Machining (EDM) Machines)

  • Doosan Machine Tools: (CNC Turning Centers, CNC Boring Mills)

  • Mitsubishi Electric Corporation: (CNC Controls, CNC EDM Machines (MV Series)

  • Brother Industries, Ltd.: (CNC Tapping Centers (Brother SPEEDIO Series)

  • KOMATSU NTC Ltd.: (CNC Grinding Machines, CNC Transfer Machines)

RECENT TRENDS

In April 2023: Mitsubishi Electric India CNC partnered with SolidCAM, a Computer Aided Manufacturing (CAM) software provider. Through the partnership, SolidCAM deliver a range of machining solutions which involves high-speed roughing as well as finishing for several industries, such as Medical, Die & Mold, Auto & Aerospace parts, Machine Element parts, among others.

In August 2023: OKUMA Corporation launched a next-generation machine control - Okuma OSP-P500. The product is equipped with dual-core computer processors that deliver improved levels of machine processing power. It is also equipped with Digital Twin Technology, which allows high-precision machining simulations to be produced on a computer.

In September 2023: DMG MORI CO., LTD. announced the acquisition of KURAKI, a CNC machine manufacturer. Through the acquisition former company aims to expand the demand for CNC horizontal boring as well as milling machines by incorporating digitalization and automation technologies.

Computer Numerical Control Machines Market Report Scope:

Report Attributes Details
Market Size in 2023  USD 66.4 Billion 
Market Size by 2032   USD 162.16 Billion 
CAGR  CAGR of 10.43% From 2024 to 2032
Base Year  2023
Forecast Period  2024-2032
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others)
• By End-use (Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles AMADA MACHINERY CO., LTD., Amera Seiki, DMG MORI CO., LTD., General Technology Group, Dalian Machine Tool Corporation, DATRON AG, FANUC CORPORATION, Haas Automation, Inc, Hurco Companies, Inc., OKUMA Corporation, Shenyang Machine Tool Part Co., Ltd., YAMAZAKI MAZAK CORPORATION, Makino Milling Machine Co., Ltd, Schuler AG, Siemens AG, GF Machining Solutions, Doosan Machine Tools, Mitsubishi Electric Corporation, Brother Industries, Ltd, KOMATSU NTC Ltd
Key Drivers • The increasing demand for CNC machines stems from their unmatched precision and efficiency, essential for complex, high-accuracy manufacturing in industries like aerospace, automotive, and electronics.
• Innovations in CNC technology, such as multi-axis machines and hybrid systems, are enhancing machine performance and versatility, enabling their application in specialized, high-precision industries like medical devices and precision engineering.
RESTRAINTS • High initial investment and maintenance costs of CNC machines create a major barrier for small and medium-sized enterprises (SMEs) with limited budgets.

Frequently Asked Questions

Ans: The Computer Numerical Control Machines Market is expected to grow at a CAGR of 10.43% Over the Forecast period of 2024-2032.

Ans: Computer Numerical Control Machines Market size was USD 66.4 Billion in 2023 and is expected to Reach USD 162.16 Billion by 2032.

Ans: Lathe Machines segmentation is the dominating segment by Type in the Computer Numerical Control Machines Market.

Ans: Innovations in CNC technology, such as multi-axis machines and hybrid systems, are enhancing machine performance and versatility, enabling their application in specialized, high-precision industries like medical devices and precision engineering.

Ans: Asia-Pacific is the dominating region in the Computer Numerical Control Machines Market.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

3.1 Market Driving Factors Analysis

3.1.2 Drivers

3.1.2 Restraints

3.1.3 Opportunities

3.1.4 Challenges

3.2 PESTLE Analysis

3.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Manufacturing Output, by region, (2020-2023)

5.2 Utilization Rates, by region, (2020-2023)

5.3 Maintenance and Downtime Metrix

5.4 Technological Adoption Rates, by region

5.6 Export/Import Data, by region (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and supply chain strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Computer Numerical Control Machines Market Segmentation, By Type

7.1 Chapter Overview

      7.2 Lathe Machines

7.2.1 Lathe Machines Market Trends Analysis (2020-2032)

7.2.2 Lathe Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

     7.3 Milling Machines

        7.3.1 Milling Machines Market Trends Analysis (2020-2032)

7.3.2 Milling Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.4 Laser Machines

        7.4.1 Laser Machines Market Trends Analysis (2020-2032)

7.4.2 Laser Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.5 Grinding Machines

        7.5.1 Grinding Machines Market Trends Analysis (2020-2032)

7.5.2 Grinding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.6 Welding Machines

        7.6.1 Welding Machines Market Trends Analysis (2020-2032)

7.6.2 Welding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.7 Winding Machines

        7.7.1 Winding Machines Market Trends Analysis (2020-2032)

7.7.2 Winding Machines Market Size Estimates and Forecasts to 2032 (USD Billion)

7.8 Others

        7.8.1 Others Market Trends Analysis (2020-2032)

7.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Computer Numerical Control Machines Market Segmentation, By End-use

8.1 Chapter Overview

8.2 Automotive

8.2.1 Automotive Market Trends Analysis (2020-2032)

8.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 Aerospace & Defense

8.3.1 Aerospace & Defense Market Trends Analysis (2020-2032)

8.3.2 Aerospace & Defense Market Size Estimates and Forecasts to 2032 (USD Billion)

8.4 Construction Equipment

8.4.1 Construction Equipment Market Trends Analysis (2020-2032)

8.4.2 Construction Equipment Market Size Estimates and Forecasts to 2032 (USD Billion)

8.5 Power & Energy

8.5.1 Power & Energy Market Trends Analysis (2020-2032)

8.5.2 Power & Energy Market Size Estimates and Forecasts to 2032 (USD Billion)

8.6 Industrial

8.6.1 Industrial Market Trends Analysis (2020-2032)

8.6.2 Industrial Market Size Estimates and Forecasts to 2032 (USD Billion)

8.7 Others

8.7.1 Others Market Trends Analysis (2020-2032)

8.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

9. Regional Analysis

9.1 Chapter Overview

9.2 North America

9.2.1 Trends Analysis

9.2.2 North America Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.2.3 North America Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.2.4 North America Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.2.5 USA

9.2.5.1 USA Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.2.5.2 USA Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.2.6 Canada

9.2.6.1 Canada Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.2.6.2 Canada Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.2.7 Mexico

9.2.7.1 Mexico Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.2.7.2 Mexico Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3 Europe

9.3.1 Eastern Europe

9.3.1.1 Trends Analysis

9.3.1.2 Eastern Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.3.1.3 Eastern Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.3.1.4 Eastern Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.1.5 Poland

9.3.1.5.1 Poland Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.1.5.2 Poland Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.1.6 Romania

9.3.1.6.1 Romania Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.1.6.2 Romania Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.1.7 Hungary

9.3.1.7.1 Hungary Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.1.7.2 Hungary Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.1.8 Turkey

9.3.1.8.1 Turkey Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.1.8.2 Turkey Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.1.9 Rest of Eastern Europe

9.3.1.9.1 Rest of Eastern Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.1.9.2 Rest of Eastern Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2 Western Europe

9.3.2.1 Trends Analysis

9.3.2.2 Western Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.3.2.3 Western Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.3.2.4 Western Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.5 Germany

9.3.2.5.1 Germany Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.5.2 Germany Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.6 France

9.3.2.6.1 France Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.6.2 France Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.7 UK

9.3.2.7.1 UK Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.7.2 UK Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.8 Italy

9.3.2.8.1 Italy Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.8.2 Italy Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.9 Spain

9.3.2.9.1 Spain Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.9.2 Spain Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.10 Netherlands

9.3.2.10.1 Netherlands Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.10.2 Netherlands Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.11 Switzerland

9.3.2.11.1 Switzerland Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.11.2 Switzerland Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.12 Austria

9.3.2.12.1 Austria Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.12.2 Austria Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.3.2.13 Rest of Western Europe

9.3.2.13.1 Rest of Western Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.3.2.13.2 Rest of Western Europe Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4 Asia-Pacific

9.4.1 Trends Analysis

9.4.2 Asia-Pacific Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.4.3 Asia-Pacific Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.4.4 Asia-Pacific Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.5 China

9.4.5.1 China Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.5.2 China Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.6 India

9.4.5.1 India Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.5.2 India Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.5 Japan

9.4.5.1 Japan Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.5.2 Japan Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.6 South Korea

9.4.6.1 South Korea Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.6.2 South Korea Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.7 Vietnam

9.4.7.1 Vietnam Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.2.7.2 Vietnam Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.8 Singapore

9.4.8.1 Singapore Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.8.2 Singapore Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.9 Australia

9.4.9.1 Australia Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.9.2 Australia Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.4.10 Rest of Asia-Pacific

9.4.10.1 Rest of Asia-Pacific Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.4.10.2 Rest of Asia-Pacific Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5 Middle East and Africa

9.5.1 Middle East

9.5.1.1 Trends Analysis

9.5.1.2 Middle East Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.5.1.3 Middle East Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.5.1.4 Middle East Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.1.5 UAE

9.5.1.5.1 UAE Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.1.5.2 UAE Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.1.6 Egypt

9.5.1.6.1 Egypt Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.1.6.2 Egypt Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.1.7 Saudi Arabia

9.5.1.7.1 Saudi Arabia Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.1.7.2 Saudi Arabia Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.1.8 Qatar

9.5.1.8.1 Qatar Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.1.8.2 Qatar Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.1.9 Rest of Middle East

9.5.1.9.1 Rest of Middle East Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.1.9.2 Rest of Middle East Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.2 Africa

9.5.2.1 Trends Analysis

9.5.2.2 Africa Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.5.2.3 Africa Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.5.2.4 Africa Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.2.5 South Africa

9.5.2.5.1 South Africa Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.2.5.2 South Africa Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.5.2.6 Nigeria

9.5.2.6.1 Nigeria Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.5.2.6.2 Nigeria Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.6 Latin America

9.6.1 Trends Analysis

9.6.2 Latin America Computer Numerical Control Machines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

9.6.3 Latin America Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion) 

9.6.4 Latin America Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.6.5 Brazil

9.6.5.1 Brazil Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.6.5.2 Brazil Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.6.6 Argentina

9.6.6.1 Argentina Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.6.6.2 Argentina Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.6.7 Colombia

9.6.7.1 Colombia Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.6.7.2 Colombia Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

9.6.8 Rest of Latin America

9.6.8.1 Rest of Latin America Computer Numerical Control Machines Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)

9.6.8.2 Rest of Latin America Computer Numerical Control Machines Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)

11. Company Profiles

           11.1 AMADA MACHINERY CO., LTD.

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

            11.2 Amera Seiki

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

            11.3 DMG MORI CO., LTD.

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 General Technology Group

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Dalian Machine Tool Corporation

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 DATRON AG

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 FANUC CORPORATION

11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Haas Automation, Inc

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Hurco Companies, Inc.

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 OKUMA Corporation

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segments

 

By Type

  • Lathe Machines

  • Milling Machines

  • Laser Machines

  • Grinding Machines

  • Welding Machines

  • Winding Machines

  • Others

By End-use

  • Automotive

  • Aerospace & Defense

  • Construction Equipment

  • Power & Energy

  • Industrial

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage

 

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)


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  •            3050 (23% Discount)

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