Numerical Control (NC) Market Will Grow At A CAGR Of 7% Up To 2020: Radiant Insights, Inc Market overview of NC market in industrial machinery sector This market research analyst predicts the global numerical control (NC) market in the industrial machinery sector to grow at a CAGR of around 7% during the forecast period. The need to improve the accuracy of products is driving the growth of this market. NC software is being widely adopted by engineers in various industries, to improve the efficiency and accuracy of products, in the design and manufacturing phase. Each will have the same set of dimensions and specifications once it is produced using NC. However, the need for continuous support and maintenance is anticipated to deter the market growth during the forecast period. Some of the vendors in this market are not able to meet the customers expectation regarding continuous maintenance and support, thereby leading to customer dissatisfaction. This is expected to delay the adoption of NC software during the forecast period. Geographical segmentation of the NC market in industrial machinery sector Americas APAC EMEA APAC accounted for nearly 40% of the market share during 2015. The increased growth of the automotive and industrial sectors in this region has led to an increase in the demand for industrial machinery and machine tools. China, Japan, South Korea, and India are the major revenue contributors in the APAC region. The report predicts the market in this region to reach a market value of around USD 243 million by the end of 2020. Competitive landscape and key vendors The global NC market in the industrial machinery sector is fragmented due to the presence of a vast number of suppliers. Many vendors have started to enhance their market potential through various innovative strategies and M&A. The leading vendors in the market are - Autodesk Dassault Hexagon AB Siemens 3D Systems The other prominent vendors of the market include Missler Software and NTT Data. Key questions answered in the report What will the market size and the growth rate be in 2019? What are the key factors driving the NC market in the industrial machinery sector? What are the key market trends impacting the growth of the NC market in the industrial machinery sector? What are the challenges to market growth? Who are the key vendors in the NC market in the industrial machinery sector? What are the market opportunities and threats faced by the vendors in the NC market in the industrial machinery sector? Trending factors influencing the market shares of the Americas, APAC, and EMEA? What are the key outcomes of the five forces analysis of the NC market in the industrial machinery sector? Table of Contents PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PLM overview Role of PLM in product development process NC software PART 05: Market landscape Market size and forecast Five forces analysis PART 06: Geographical segmentation PART 07: APAC Market size and forecast PART 08: EMEA Market size and forecast PART 09: Americas Market size and forecast PART 10: Market drivers PART 11: Impact of drivers PART 12: Market challenges PART 13: Impact of drivers and challenges PART 14: Market trends PART 15: Vendor landscape PART 16: Key vendor analysis Autodesk Dassault Systemes Hexagon Siemens PLM Software 3D Systems Other prominent vendors PART 17: Appendix List of abbreviations PART 18: Explore Technavio ? List of Exhibits Exhibit 01: Product offerings Exhibit 02: PLM overview Exhibit 03: Benefits of PLM Exhibit 04: Role of PLM in the product development process Exhibit 05: PLM Software used in the product development process Exhibit 06: Global NC market in the industrial machinery sector 2014-2019 ($ millions) Exhibit 07: Five forces analysis Exhibit 08: Global NC market in the industrial machinery sector by geographical segmentation 2015 Exhibit 09: NC market in APAC in the industrial machinery sector 2015-2020 ($ millions) Exhibit 10: NC market in EMEA in the industrial machinery sector 2015-2020 ($ millions) Exhibit 11: NC market in Americas in the industrial machinery sector 2015-2020 ($ millions) Exhibit 12: Impact of drivers Exhibit 13: Impact of drivers and challenges Exhibit 14: Delcam: Business offerings Exhibit 15: Delcam: Geographical segmentation by revenue 2014 Exhibit 16: Dassault Systemes: Business/product segmentation 2014 Exhibit 17: Dassault Systemes: Business/product segmentation by revenue 2013 and 2014 ($ billions) Exhibit 18: Dassault Systemes: Geographical segmentation by revenue 2014 Exhibit 19: Hexagon : Business/product segmentation by revenue2014 Exhibit 20: Hexagon: Business segmentation by revenue 2013 and 2014 Exhibit 21: Hexagon: Geographical segmentation by revenue 2014 Exhibit 22: 3D Systems: Business segmentation 2014 by revenue Exhibit 23: 3D Systems: Business segmentation by revenue 2013 and 2014 ($ millions) Exhibit 24: 3D Systems: Geographical segmentation by revenue 2014 Exhibit 25: Missler Software: Product offerings Exhibit 26: NTT Data: Business segmentation by revenue 2015 Exhibit 27: NTT Data: Business segmentation by revenue 2014 and 2015 Exhibit 28: NTT Data: Geographical segmentation by revenue 2015 About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. 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