Global Computerized Numeric Control Market valued approximately USD 60 billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.32% over the forecast period 2018-2025.

The Computerized Numeric Control Market is continuously growing across the world over the coming years. The major driving factor of global Computerized Numeric Control market are growing demand for production efficiency and reduction in overall process cost. high installation & maintenance cost and lack of skilled personnel are some factors that limiting the market growth of computerized Numeric control market.

Computer Numerical Control (CNC) is automated control of machine tools by using a means of computer. It is also known as Numerical Control (NC). It can control the motion of tools or work piece. Computer Numeric control offers various advantages such as short production time, high manufacturing accuracy, larger manufacturing flexibility, reduction in human errors, better safety, boost production volume and contour machining.

The major market player of Computer Numerical Control (CNC) market:

• MONDRAGON Corporation 
• GSK CNC Equipment
• Soft Servo Systems
• Heidenhain GmbH
• Bosch Rexroth AG
• Siemens AG
• Sandvik AB
• Haas Automation
• Mitsubishi Electric Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.

The major regions of Computer Numerical Control (CNC) market:

North America

Europe

Asia Pacific

Latin America

Rest of the World
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Target Audience of the Global Computerized Numeric Control Market :

• Key Consulting Companies & Advisors

• Large, medium-sized, and small enterprises

• Venture capitalists

• Value-Added Resellers (VARs)

• Third-party knowledge providers

• Investment bankers

• Investors
   

Category: Technology Market Research
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