Boston, MA -- (SBWIRE) -- 01/22/2016 -- NC machine is an effective and efficient motion control systems that enable high speed machining process. It is equipped with high data processing capability and high speed microprocessors that deliver high speed, high precision machining capabilities. The NC solutions are adopted by companies across industries such as machine builders, automotive, aerospace, shipbuilding, medical products, electrical and electronics for applications like turning, milling, stamping, forming, grinding, polishing, wood working, and punching operations. NC software creates a program code that is used to run NC machines controlled by a computer. The usage of NC ensures more accuracy and flexibility.

Technavio's analysts forecast the global NC market in the automotive industry to grow at a CAGR of 7.02% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the global NC market in the automotive industry for the period of 2015-2019. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors.

Get More Details on this Report and a Full Table of Contents at Global NC Market in the Automotive Industry 2015-2019

It presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, the report discusses the major growth drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that will contribute to the growth of the market.

Technavio's report, Global NC Market in the Automotive Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.

Key regions

Americas

APAC

EMEA

Key vendors

3D Systems

Autodesk

Dassault Systmes

Hexagon

Siemens PLM

Other prominent vendors

Missler Software

NTT Data Engineering

Market driver

Advantages associated with the usage of NC machines

For a full, detailed list, view our report

Market challenge

Disadvantages of NC machines

For a full, detailed list, view our report

Market trend

Increased support for multitasking

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 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

What are the market opportunities and threats faced by the key vendors

What are the strengths and weaknesses of the key vendors

Companies Mentioned in this Report: 3D Systems, Autodesk, Dassault Systemes, Hexagon, Siemens PLM, Missler Software and NTT Data Engineering

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