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Computer Numerical Control Market Expected to Witness a Sustainable Growth over 2025
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In 2018, the global Computer Numerical Control market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Computer Numerical Control status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Computer Numerical Control development in United States, Europe and China.
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The Computer Numerical Control (CNC) market is the process of mechanizing machine tools that are operated by precisely programmed commands encrypted on a storage medium as opposed to controlled manually by devices. CNC machining is utilized across various sectors, including industrial machinery, automobile, healthcare, and electronics.
Increase in demand in mass production plants in various sectors, including defense & intelligence, electronics, automobile, and machinery supplements the market growth. However, high cost of maintenance and after sales services of CNC machines is expected to restrict the growth of the market. Moreover, increase in number of application areas and reduced cost of entire production process is expected to create numerous opportunities for the growth of the market.
In 2018, the global Computer Numerical Control market size was 13500 million US$ and it is expected to reach 20900 million US$ by the end of 2025, with a CAGR of 5.7% during 2019-2025.
This report focuses on the global Computer Numerical Control status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Computer Numerical Control development in United States, Europe and China.
Market Segment by Manufacturers, this report covers
MONDRAGON Corporation
GSK CNC Equipment
Soft Servo Systems
Heidenhain GmbH
Bosch Rexroth AG
Siemens AG
Sandvik AB
Haas Automation
Mitsubishi Electric Corporation
Fanuc Corporation
Protomatic
AMS Micromedical
Plastic Navigation Industrial
Okuma
Hurco
Star CNC
Xometry
Ace Micromatic
Star Prototype
Intelitek
T W Ward CNC Machinery
EMAG GmbH
Market Segment by Type, covers
Lathes
Mills
Routers
Grinders
Others
Market Segment by Applications, can be divided into
Aerospace and Defense
Automobile
Electronics
Healthcare
Industrial Machinery
Others
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Related Information:
North America Computer Numerical Control Market Growth 2019-2024
UnComputer Numerical Controled States Computer Numerical Control Market Growth 2019-2024
Asia-Pacific Computer Numerical Control Market Growth 2019-2024
Europe Computer Numerical Control Market Growth 2019-2024
EMEA Computer Numerical Control Market Growth 2019-2024
Global Computer Numerical Control Market Growth 2019-2024
China Computer Numerical Control Market Growth 2019-2024
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