Computer Numerical Control Solutions Market 2024-2028
The computer numerical control solutions market is forecasted to grow by USD 9240.2 mn during 2023-2028, accelerating at a CAGR of 6.9% during the forecast period. The report on the computer numerical control solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased use of servo-based systems in industries, growing popularity of computer numerical control solutions, and dynamic metal fabrication sector poised for growth.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.4%
CAGR
6.9%
Incremental Value
$9240.2 mn
Technavio's computer numerical control solutions market is segmented as below:
By Solution
Servo drives
Servo motors
Controllers
By End-user
Automotive
Aerospace
Industrial machinery
Others
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the application of artificial intelligence and system integration in cnc solutions as one of the prime reasons driving the computer numerical control solutions market growth during the next few years. Also, growing metal additive manufacturing and advancement in cnc systems will lead to sizable demand in the market.
The report on the computer numerical control solutions market covers the following areas:
Computer Numerical Control Solutions Market sizing
Computer Numerical Control Solutions Market forecast
Computer Numerical Control Solutions Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading computer numerical control solutions market vendors that include Delta Electronics Inc., DMG MORI Co. Ltd., FANUC Corp., Haas Automation Inc., HEIDENHAIN, Hurco Companies Inc., KEBA Group AG, Makino Milling Machine Co. Ltd., Micromatic Machine Tools Pvt. Ltd., Minitech Machinery Corp., Mitsubishi Electric Corp., MONDRAGON Corp., NUM AG, Okuma Corp, Robert Bosch GmbH, Rockwell Automation Inc., Sandvik AB, SIEB and MEYER AG, Siemens AG, and Yaskawa Electric Corp.. Also, the computer numerical control solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Solution
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Computer Numerical Control Solutions Market 2018 - 2022
Historic Market Size - Data Table on Global Computer Numerical Control Solutions Market 2018 - 2022 ($ million)