Computer Numerical Control Market : Global Industry Analysis and Forecast 2016 - 2024

Computer Numerical Control Market : Global Industry Analysis
and Forecast 2016 - 2024
Persistence Market Research
Computer Numerical Control Market : Global
Industry Analysis and Forecast 2016 - 2024
Persistence Market Research
1
Computer Numerical Control Market : Global Industry Analysis
and Forecast 2016 - 2024
Persistence Market Research Released New Market Report on “Computer Numerical Control
Market : Global Industry Analysis and Forecast 2016 - 2024”.
Computer Numerical Control is a system in which a computer program coded in alphanumerical
codes is installed to control the motions and functions of a machine. The computer numerical
control consist of basic components namely, part program, machine tool and part program. With
these systems installed on a machine, the machines becomes capable of providing high
accuracy, reduced manufacturing time, greater flexibility, contour machining, and minimized
human error.
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Computer numerical controls finds its application in both machine tool and non-machine tool
categories. Under the machine tools category CNC is used for drill press, lathe machines,
milling machines, sheet metal, laser and tube bending among others. Additionally, highly
automated machinery at turning and machining centers are now being controlled using the
computer numerical controlling systems. Welding machines, electronic assembly, coordinate
measuring machinery, filament winding machinery and tape laying machines among others are
included the non-machine tool category.
The increasing demand for machine tools is one of the major factor that drives the growth of the
computer numerical control market. Other factor that is contributing to the growth of the market
is the upsurge in retrofit segment. The major demand comes from the automotive segment and
aerospace segment. It is expected that other segments such as woodworking, healthcare, food
industries and jewelry would soon adopt computer controlled machineries. Computer numerical
Persistence Market Research
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Computer Numerical Control Market : Global Industry Analysis
and Forecast 2016 - 2024
controlled machines needs high investment and skilled labor to operate them, so these could
act as restraints for the growth of the market.
Request TOC (table of content), Figures and Tables of the Report:
http://www.persistencemarketresearch.com/toc/10921
The dominating players in the computer numerical control market are, Siemens AG, Fanuc
Corp. and Mitsubishi Electric Corporation. Other vendors in the market includes Fagor
Automation, Soft Servo Systems, Bosch Rexroth AG, Sieb and Meyer AG, Heidenhain GmbH
and GSK Computer Numerical Control Co. Ltd.
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Computer Numerical Control Market : Global Industry Analysis
and Forecast 2016 - 2024
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