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After 2 years of deceleration, the Computer Numerical Control Systems market has rebounded. As a smart multi-axis, multi-function, coordinated motion control system used for precision contouring, CNCs can work with a variety of materials in a wide range of industries. The largest customers for CNCs are machine builders, but end users also purchase CNCs, often based on different criteria. This report is an effective planning guide for CNC systems suppliers and new entrants to this business and to provide strategic information to lower the risks in making decisions. While it aims to assist suppliers in their business plans for marketing and development, it also helps users and CNC machinery manufacturers in their purchase decisions through an in-depth analysis of the CNC systems business.
In addition to providing a five-year market forecast, the Computer Numerical Control Systems market research provides detailed quantitative current market data and addresses key strategic issues as follows.
Machine tool manufacturers that are not aiming at only one end user market are better positioned when downturns in end user industries impact the demand for new machine tools. Automotive is the biggest customer of machine tools, but the industry also often reacts heavily during economic crises. The aerospace & defense industry is not as volatile to market dynamics because projects usually last over a decade, which results in more stability in strategic planning and equipment expenditures.
The electronics and furniture fabrication industries also use machine tools. While electronics usually have investment cycles that are dependent on new technologies, the furniture fabrication industry applies machine tools to increase output volumes and offer new products.
Offering smaller footprint machinery while providing big capacity, productivity, and user flexibility is a key strategy to enter new markets such as in the electronics industry or medical equipment manufacturing. Often, they are multi-billion-dollar companies with huge plants, where the reduction of space is important for these companies, and a reduced footprint of machines is a significant selling point.
OPC UA has become a technology of choice for linking to a cloud platform, and most suppliers and OEMs support this protocol. There is already a wide range of products out there that supports it, including barcode readers.
Virtualization with digital twins enables the OEM to provide complete information about the whole production process before the machine is commissioned to the end users. Commissioning time is reduced to a minimum, with few or no substandard products.
This market research may be purchased as a MIRA Service, an Excel Workbook, and/or as a Market Analysis Report (PDF). MIRA Services help unlock the full benefits of ARC’s market intelligence, making the data more actionable for you by adding qualitative context to our market data in an online environment unique to each customer. Regional editions include country and industry market data. Formats available are listed below:
MIRA Services | MIRA Workbook | Market Analysis PDF | |
---|---|---|---|
Annual Subscription | Yes | No | No |
Worldwide (includes regional data) | Yes | Yes | Yes |
North America (includes regional data) | Yes | Yes | No |
Europe, Middle East, Africa (includes regional data) | Yes | Yes | No |
Asia (includes regional data) | Yes | Yes | No |
Latin America (includes regional data) | Yes | Yes | No |
Table of contents for this research is shown in the following paragraphs.
The research identifies all relevant suppliers serving this market.
List of countries included in each region: MIRA-Country
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