US CNC Machine Market Size

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U.S. Computer Numerical Control (CNC) Machine Market Size,
Share, Analysis, Growth, Trends and Forecasts to 2025 | Hexa
Research
“U.S. CNC machines market size is expected to reach
USD 11.46 billion by 2025..”
24 September 2018 The U.S. CNC Machines Market size is expected to reach USD 11.46 billion by 2025. This growth is attributed to rising
demand from widespread applications owing to features such as cost-efficiency, better productivity, and improved
quality. Moreover, advancements in technology have led to the development of modern CNC machine controls along
with IoT, which is expected to bring several innovations in the field with regards to automation. Such innovations are
expected to fuel the demand for CNC machines over the forecast period. CNC machines are segmented into lathe,
milling, grinding, welding, winding and other machines that are widely used by different end-users.
Features such as altering spindle speed and feed rate, tool changing results in improved accuracy at low cost, which is
expected to boost the market demand over the projected period. Moreover, the operation of CNC with milling machine
is expected to be the dominant segment by 2025 owing to increasing demand. The technology enables improved rate of
operations by means of computerized codes and automation that help overcome human errors and accelerates to
achieve better quality, productivity, and cost efficiency. In terms of end-use, the market is segmented into automotive,
aerospace and defense, construction equipment, power and energy, industrial, and others.
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Growing purchasing power of individuals has resulted in an increased demand for passenger cars that has led to a
noticeable growth in demand for automotive components. The growing usage of CAD, CAM, and CNC in equipment
manufacturing and machining by construction equipment industry is expected to drive the market demand. Growing
number of power plants and energy units in U.S. is estimated to foresee high demand for the technology in power and
energy sector over the forecast period. Various regulatory trends for safety have been directed by the government
where CNC machines must be free from obstacles and the path of CNC router must be clear to avoid accidents.
In addition, several regulatory boards have set up an eligibility criterion, providing adequate training to the operators
that are required to meet the expectations. Such initiatives are expected to drive the market demand in the upcoming
years. Additionally, several organizations such as Occupational Safety and Health Administration (OSHA) has laid down
regulations for the adequate training machinists, mandatory dry run, clear CNC router path, and appropriate dress code
for the operators while working on the shop floor. Technological advancements, in terms of development of software
and applications, that allow managers to track the activities carried out by shop floor operators is expected to increase
the overall penetration across different industries.
Moreover, extensive use of CNC applications in various industries in order to perform smooth operations thereby
minimizing human intervention, would also drive the market in upcoming years. Adequate man-power along with
increasing use of CNC technology is expected to improve the productivity to meet the increasing demand in the U.S.
market. Heavy R&D investments owing to rising CNC demand among end-users to enhance the machine design that
allows multiple operations including facing, drilling, cutting and grinding would drive the market further. The CNC
machines acquire less floor space, which provides ease in working and does not require any operator or supervisor to
constantly monitor the machine operations. In addition, this reduces the need for manual labor and saves operational
costs, which is expected to fuel the market demand over the forecast period.
Hexa Research has segmented the U.S. CNC machine market report based on type and end use:
Segmentation by Type
• Lathe Machines
• Milling Machines
• Laser Machines
• Grinding Machines
• Welding Machines
• Winding Machines
• Others
Segmentation by End Use
• Automotive
• Aerospace & Defense
• Construction Equipment
• Power & Energy
• Industrial
• Others
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Key players analyzed:
• Amada Machine Tools Co., Ltd.
• Amera Seiki
• DMG Mori Co., Ltd.
• Dalian Machine Tool Group (DMTG) Corporation
• FANUC CORPORATION
• Haas Automation, Inc.
• Hurco Companies, Inc.
• Okuma Corporation
• Shenyang Machine Tool Co., Ltd. (SMTCL)
• Yamazaki Mazak Corporation
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Table of Content of U.S. Computer Numerical Control (CNC) Machine Market
Chapter 1. Executive Summary
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. U.S. CNC Machines Market- Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2. U.S. CNC Machines Market, 2014 – 2025
Chapter 3. U.S. CNC Machines Market - Industry Outlook
3.1. Market Segmentation
3.2. Market Size & Growth Prospects
3.3. U.S. CNC Machines Market - Value Chain Analysis
3.3.1. Vendor landscape
3.4. U.S. CNC Machines Market - Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Demand for higher productivity and reduction in down time
3.4.1.2. Growing need for reduction of operating costs
3.4.1.3. Increasing demand for mass production from the industrial sector
3.4.2. Market restraint analysis
3.4.2.1. High purchasing and maintenance costs of CNC machines
3.4.2.2. Penetration and Growth Prospect Mapping
3.5. U.S. CNC Machines Market, Company Ranking Analysis, 2016
3.6. U.S. CNC Machines Market - Porter’s Five Forces Analysis
3.7. U.S. CNC Machines Market - PESTEL Analysis
3.8. U.S. CNC Machines Market - PESTEL Analysis
Chapter 4. Competitive Landscape
4.1. Amada Machine Tools Co., Ltd.
4.1.1. Company overview
4.1.2. Financial performance
4.1.3. Product benchmarking
4.1.4. Strategic initiatives
4.2. Amera Seiki
4.2.1. Company overview
4.2.2. Product benchmarking
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4.3. DMG Mori Co., Ltd.
4.3.1. Company overview
4.3.2. Financial performance
4.3.3. Product benchmarking
4.3.4. Strategic initiatives
4.4. Dalian Machine Tool Group (DMTG) Corporation
4.4.1. Company overview
4.4.2. Product benchmarking
4.4.3. Strategic initiatives
4.5. FANUC CORPORATION
4.5.1. Company overview
4.5.2. Financial performance
4.5.3. Product benchmarking
4.5.4. Strategic initiatives
4.6. Haas Automation, Inc.
4.6.1. Company overview
4.6.2. Product benchmarking
4.6.3. Strategic initiatives
4.7. Hurco Companies, Inc.
4.7.1. Company overview
4.7.2. Financial performance
4.7.3. Product benchmarking
4.7.4. Strategic initiatives
4.8. Okuma Corporation
4.8.1. Company overview
4.8.2. Financial performance
4.8.3. Product benchmarking
4.8.4. Strategic initiatives
4.9. Shenyang Machine Tool Co., Ltd. (SMTCL)
4.9.1. Company overview
4.9.2. Product benchmarking
4.9.3. Strategic initiatives
4.10. Yamazaki Mazak Corporation
4.10.1. Company overview
4.10.2. Product benchmarking
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4.10.3. Strategic initiatives
4.11. List of market players
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The U.S. CNC machines market size is expected to reach USD 11.46 billion by 2025.

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