Global CNC Machine Tools Market to grow at a CAGR of 9.02% during the period 2017-2021

About CNC Machine Tools

CNC machine tools are automated conventional machine tools in which the motion and function are controlled by means of a computer. The computer executes machine control commands to perform machining on a workpiece. This facilitates the production of identical parts in high volumes without compromising on quality. CNC machine tools are broadly classified into CNC lathe machines, CNC milling machines, and others on the basis of operation.

Technavios analysts forecast the global CNC machine tools market to grow at a CAGR of 9.02% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global CNC machine tools market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavios report, Global CNC Machine Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

DMTG

DMG MORI

SMTCL

Yamazaki Mazak

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Other prominent vendors

Allied Machine & Engineering

ACE MICROMATIC

Amada

Amera-Seiki

BYJC-OKUMA (Beijing) Machine Tools

Doosan

Doosan Infracore

Enshu

Fair Friend Group

FANUC

GF Machining Solutions

Haas Automation

Hardinge

Heller

HMT

HURCO

HYUNDAI WIA

JIUH-YEH PRECISION MACHINERY (MillStar)

JTEKT

Kennametal

KIWA Japan

Komatsu

Maco

Makino Milling Machine

Matsuura

Micromatic Grinding Technologies

OKK

Sandvik

SISTER MACHINE TECHNOLOGY

SNK

Tongtai Machine & Tools

Toshiba Machine

Toyoda

Yama Seiki

YCM

Market driver

Multifunctionality in use

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Market challenge

Need for aftersales services

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Market trend

Design of new milling tools

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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