U.S. Computer Numerical Control (CNC) Machine Market Analysis and Growth Opportunities - PowerPoint PPT Presentation

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U.S. Computer Numerical Control (CNC) Machine Market Analysis and Growth Opportunities

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The U.S. computer numerical control (CNC) machine market size was valued at USD 7.88 billion in 2016 and is projected to expand at a CAGR of more than 4.0% from 2017 to 2025. Increasing demand for mass production of automotive parts and growing number of manufacturing units are presumed to fuel the product demand over the forecast period. – PowerPoint PPT presentation

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Title: U.S. Computer Numerical Control (CNC) Machine Market Analysis and Growth Opportunities


1
Your Catalyst to a Lucrative Business U.S.
Computer Numerical Control (CNC) Machine Market
Size, Share, Analysis, Growth, Trends and
Forecasts to 2025 Hexa Research
U.S. CNC machines market size is expected to
reach USD 11.46 billion by 2025
13 November 2018, The U.S. CNC Machines Market
size is expected to reach USD 11.46 billion by
2025. This growth is attributed to rising demand
from widespread applications owing to features
such as cost-efficiency, better productivity, and
improved quality. Moreover, advancements in
technology have led to the development of modern
CNC machine controls along with IoT, which is
expected to bring several innovations in the
field with regards to automation. Such
innovations are expected to fuel the demand for
CNC machines over the forecast period. CNC
machines are segmented into lathe, milling,
grinding, welding, winding and other machines
that are widely used by different end-users.
Features such as altering spindle speed and feed
rate, tool changing results in improved accuracy
at low cost, which is expected to boost the
market demand over the projected period.
Moreover, the operation of CNC with milling
machine is expected to be the dominant segment by
2025 owing to increasing demand. The technology
enables improved rate of operations by means of
computerized codes and automation that help
overcome human errors and accelerates to achieve
better quality, productivity, and cost
efficiency. In terms of end-use, the market is
segmented into automotive, aerospace and defense,
construction equipment, power and energy,
industrial, and others.
Browse Details of Report _at_ https//www.hexaresearc
h.com/research-report/us-computer-numerical-contro
l-cnc-machine-market
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Growing purchasing power of individuals has
resulted in an increased demand for passenger
cars that has led to a noticeable growth in
demand for automotive components. The growing
usage of CAD, CAM, and CNC in equipment
manufacturing and machining by construction
equipment industry is expected to drive the
market demand. Growing number of power plants and
energy units in U.S. is estimated to foresee high
demand for the technology in power and energy
sector over the forecast period. Various
regulatory trends for safety have been directed
by the government where CNC machines must be free
from obstacles and the path of CNC router must be
clear to avoid accidents.
In addition, several regulatory boards have set
up an eligibility criterion, providing adequate
training to the operators that are required to
meet the expectations. Such initiatives are
expected to drive the market demand in the
upcoming years. Additionally, several
organizations such as Occupational Safety and
Health Administration (OSHA) has laid down
regulations for the adequate training machinists,
mandatory dry run, clear CNC router path, and
appropriate dress code for the operators while
working on the shop floor. Technological
advancements, in terms of development of software
and applications, that allow managers to track
the activities carried out by shop floor
operators is expected to increase the overall
penetration across different industries.
Moreover, extensive use of CNC applications in
various industries in order to perform smooth
operations thereby minimizing human intervention,
would also drive the market in upcoming years.
Adequate man-power along with increasing use of
CNC technology is expected to improve the
productivity to meet the increasing demand in
the U.S. market. Heavy RD investments owing to
rising CNC demand among end-users to enhance the
machine design that allows multiple operations
including facing, drilling, cutting and grinding
would drive the market further. The CNC machines
acquire less floor space, which provides ease in
working and does not require any operator or
supervisor to constantly monitor the machine
operations. In addition, this reduces the need
for manual labor and saves operational costs,
which is expected to fuel the market demand over
the forecast period.
Hexa Research has segmented the U.S. CNC machine
market report based on type and end use
Segmentation by Type Lathe Machines Milling
Machines Laser Machines Grinding Machines
Welding Machines Winding Machines Others
Segmentation by End Use Automotive
Aerospace Defense Construction Equipment
Power Energy
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Industrial Others
Key players analyzed Amada Machine Tools Co.,
Ltd. Amera Seiki
DMG Mori Co., Ltd. Dalian Machine Tool Group
(DMTG) Corporation FANUC CORPORATION Haas
Automation, Inc. Hurco Companies, Inc. Okuma
Corporation Shenyang Machine Tool Co., Ltd.
(SMTCL) Yamazaki Mazak Corporation
Browse Related Category Market Reports _at_
https//www.hexaresearch.com/research-category/nex
t- generation-technologies-industry
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Table of Content of U.S. Computer Numerical
Control (CNC) Machine Market
Chapter 1. Executive Summary
1.1. Research Methodology
1.2. Research Scope and Assumptions 1.3. List of
Data Sources
Chapter 2. Executive Summary
2.1. U.S. CNC Machines Market- Industry Snapshot
Key Buying Criteria, 2014 - 2025 2.2. U.S. CNC
Machines Market, 2014 2025 Chapter 3. U.S. CNC
Machines Market - Industry Outlook 3.1. Market
Segmentation
3.2. Market Size Growth Prospects
3.3. U.S. CNC Machines Market - Value Chain
Analysis 3.3.1. Vendor landscape
3.4. U.S. CNC Machines Market - Market
Dynamics 3.4.1. Market driver analysis
3.4.1.1. Demand for higher productivity and
reduction in down time 3.4.1.2. Growing need for
reduction of operating costs 3.4.1.3. Increasing
demand for mass production from the industrial
sector 3.4.2. Market restraint analysis
3.4.2.1. High purchasing and maintenance costs of
CNC machines 3.4.2.2. Penetration and Growth
Prospect Mapping 3.5. U.S. CNC Machines Market,
Company Ranking Analysis, 2016 3.6. U.S. CNC
Machines Market - Porters Five Forces
Analysis 3.7. U.S. CNC Machines Market - PESTEL
Analysis 3.8. U.S. CNC Machines Market - PESTEL
Analysis Chapter 4. Competitive Landscape
4.1. Amada Machine Tools Co., Ltd.
4.1.1. Company overview
4.1.2. Financial performance
4.1.3. Product benchmarking
4.1.4. Strategic initiatives
4.2. Amera Seiki
4.2.1. Company overview
4.2.2. Product benchmarking
4.3. DMG Mori Co., Ltd.
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4.3.1. Company overview
4.3.2. Financial performance 4.3.3. Product
benchmarking 4.3.4. Strategic initiatives
4.4. Dalian Machine Tool Group (DMTG)
Corporation 4.4.1. Company overview
4.4.2. Product benchmarking 4.4.3. Strategic
initiatives
4.5. FANUC CORPORATION 4.5.1. Company overview
4.5.2. Financial performance 4.5.3. Product
benchmarking 4.5.4. Strategic initiatives
4.6. Haas Automation, Inc. 4.6.1. Company overview
4.6.2. Product benchmarking 4.6.3. Strategic
initiatives
4.7. Hurco Companies, Inc. 4.7.1. Company overview
4.7.2. Financial performance 4.7.3. Product
benchmarking 4.7.4. Strategic initiatives
4.8. Okuma Corporation
4.8.1. Company overview
4.8.2. Financial performance 4.8.3. Product
benchmarking 4.8.4. Strategic initiatives
4.9. Shenyang Machine Tool Co., Ltd.
(SMTCL) 4.9.1. Company overview
4.9.2. Product benchmarking 4.9.3. Strategic
initiatives
4.10. Yamazaki Mazak Corporation 4.10.1. Company
overview 4.10.2. Product benchmarking 4.10.3.
Strategic initiatives 4.11. List of market players
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About Us
Hexa Research is a market research and consulting
organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
clarity about their business environment and
enable them to undertake strategic growth
initiatives.
Contact Us
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018 United States
Phone 1-800-489-3075 Email sales_at_hexaresearch.c
om Website - https//www.hexaresearch.com
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