Global Market Research Report on Computer Numerical Control Market 2017 is a professional and in-depth complete study on the current state of the Computer Numerical Control worldwide.
Deerfield Beach, FL -- (SBWIRE) -- 07/20/2017 -- New report on Computer Numerical Control machines are largely used in the industry as many of the tools are clubbed together and used as single cell. CNC machines provide high accuracy in manufacturing, less production time, greater manufacturing flexibility, simpler fixturing, and reduced human errors. The major drawbacks of CNC machines are is its high cost of implementation, and maintenance. Also, CNC machines could lead to unemployment, as machines are used instead of human resources. These are some factors hindering the growth of CNC market. The regions in the developing countries would use the CNC machines as economies of those countries are expected to grow.
The CNC machines provide accuracy in operation, low production time and hence the Computer Numerical Control machines would be used on a larger scale in future. The benefits of these machines would lead to increase in its use and in turn increase the penetration of CNC machines in the market. The report highlights the benefits, drawbacks and future scope of CNC market.
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A Computer numerical control (CNC) is a type of programmable automation directed by mathematical data, which uses microcomputers to carry out machining operations. CNC machines are widely used in manufacturing industry. The traditional machines such as vertical millers, lathe machines, shaping machines, routers, etc., which are usually operated by trained engineers have been replaced by computer numerical machines. The research throws light on the segments of the global CNC market. Porters five force's model helps in understanding the bargaining power of suppliers and buyers, the competitive rivalry and new players entering into the global CNC market. SWOT analysis helps in decision making and to carve a sustainable niche in the market. The key intermediaries involved in this market are analyzed strategically through the value chain analysis Market trends and forecasts made would help the individual players in predicting the future market growth. The applications of CNC are majorly classified into machine tool and non machine tool areas. In the machine tool category, CNC are used for drill press, lathe machines, milling machines, lasers, grinding units, sheet-metal press working machines, etc. In non machine tool category, CNC applications include wielding machines, coordinate measuring machines, tape laying & filament winding, electronic assembly, winding machines, etc.
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MARKET BY APPLICATION
Machine Tool Category
Sheet-Metal Press Working Machine
Non-Machine Tool Category
Coordinate Measuring Machine
Tape laying & Filament Winding
MARKET BY GEOGRAPHY