Global CNC Machine Tools Market 2017-2021

About CNC Machine Tools

CNC machine tools are automated conventional machine tools in which the motion and function are controlled by means of a computer. The computer executes machine control commands to perform machining on a workpiece. This facilitates the production of identical parts in high volumes without compromising on quality. CNC machine tools are broadly classified into CNC lathe machines, CNC milling machines, and others on the basis of operation.

Technavio’s analysts forecast the global CNC machine tools market to grow at a CAGR of 9.02% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global CNC machine tools market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global CNC Machine Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• DMTG
• DMG MORI
• SMTCL
• Yamazaki Mazak

Other prominent vendors
• Allied Machine & Engineering
• ACE MICROMATIC
• Amada
• Amera-Seiki
• BYJC-OKUMA (Beijing) Machine Tools
• Doosan
• Doosan Infracore
• Enshu
• Fair Friend Group
• FANUC
• GF Machining Solutions
• Haas Automation
• Hardinge
• Heller
• HMT
• HURCO
• HYUNDAI WIA
• JIUH-YEH PRECISION MACHINERY (MillStar)
• JTEKT
• Kennametal
• KIWA Japan
• Komatsu
• Maco
• Makino Milling Machine
• Matsuura
• Micromatic Grinding Technologies
• OKK
• Sandvik
• SISTER MACHINE TECHNOLOGY
• SNK
• Tongtai Machine & Tools
• Toshiba Machine
• Toyoda
• Yama Seiki
• YCM

Market driver
• Multifunctionality in use
• For a full, detailed list, view our report

Market challenge
• Need for aftersales services
• For a full, detailed list, view our report

Market trend
• Design of new milling tools
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

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