cnc machines market size worth $100.9 billion by 2025 | cagr: 6.8%: grand view research, inc.
by：QY Precision 2019-11-06
The market size of CNC machine tools worth $100. 9 billion as of 2025 | CAGR: 6. 8%: Daguan Research Co. , Ltd. San Francisco, February 12, 2018, San Francisco, February 12, 2018/PRNewswire /-- The Global CNC Machine Tool market is expected to reach $100. 9 billion according to a new report from Grand View Research, Inc. , by 2025 The compound growth rate of 6 rose. It was 8% during the forecast period. There is a growing demand for lower operating costs, manpower and component errors, which may stimulate growth in the market. (Logo: ) Technological advances drive the use of CNC machines to develop highly complex models/components with a clear finish. Subsequently, the application of numerical control technology in lathe, milling machine, laser, grinding machine and welding machine is also rising. Integration of CNC machine tools and computers Auxiliary manufacturing (CAM) Helps reduce the time required for workpiece manufacturing and reduce trouble Free production of components. Advanced, compact business needs Large CNC machine tools with automatic tool change and multi-axis machining technology are on the rise. Some large manufacturing units and factories are increasingly using CNC lathes for operations such as cutting, drilling, rolling, deformation, facing and turning. Various milling tools such as polycrystal diamond (PCD) Knives and carbide cutters are being introduced in the market. These tools provide higher efficiency and versatility when operating in the workshop. These new tools also feature durability, high temperature resistance, and better processing by reducing vibration, wear and noise. Browse the \"computer digital control\" of all research reports and TOC (CNC) Report on the size and share of the machine market by type ( Lathe, milling, laser, grinding, welding, winding), By End Use ( Industry, power and energy, automotive, aerospace and defense) Market Segment forecast 2014- 2025 \"at: further key findings from the report indicate: * The Global CNC machine market is expected to expand at a compound annual growth rate of 6. 8% during the forecast period, the lathe sector accounted for more than 27% in 2016 due to reduced cycle times, reduced waste and increased efficiency. The growth of this segment can be attributed to 5- Shaft operating machinery that increases flexibility, reduces operating time and avoids collisions * milling machine segments are estimated to achieve a maximum compound growth rate of 9. 5% during the forecast period, due to the number Functional and shortened time required * industry will dominate the market by 2025 with a valuation of $25. 17 billion * due to the increase in the number of manufacturing units, the Asia-Pacific region is expected to see significant growth during the forecast period * the main players in the market are Amada Co. , Ltd. ; Company DMTG; Haas Automation; Big Brother Company; Masak Yamaki and other companies. 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Grand View Research divides the Global CNC machine market by type, end use and region: * CNC machine type outlook ( $2014 in revenue-2025) * Lathe * Milling Machine * Laser Machine * Grinding Machine * welding machine * winding machine * other * CNC Machine Tool end-use Outlook ( $2014 in revenue-2025) * Automotive * Aerospace & Defense * building equipment * Power & Energy * Industry * other * CNC Machine area outlook ( $2014 in revenue-2025) * North America * United StatesS. * Canada * Europe * Germany * Italy * Asia Pacific * China * India * Japan * Latin America * Mexico * Middle East and Africa region on big View Research Co. , Ltd. is a U. S. Based in San Francisco, a California-based market research and consulting company. The company provides joint research reports, customized research reports and consulting services. To help our clients make informed business decisions, we provide market intelligence research to ensure relevant and factual Basic research in a range of industries from technology to chemicals, materials and healthcare. Contact person: Sherry phone sales expert of Shirley James, an American Grand View Research Company: 1-415-349- 0058 free: 1-888-202- 9519 mail: Sales @ grand View Research.