Marketresearchreports.biz announces the addition of the “Global Computer Numerical Control (CNC) Solutions Market 2014-2018” report to its offering. The computer numerical control solutions market report states that the global market is expected to register a compound annual growth rate of 5.17% during the period of 2013 to 2018.
Computer numerical control solutions are motion control systems that are deployed in numerous industries to develop high-quality products. These effective and efficient systems enhance the speed and accuracy of the machining processes, increase productivity, and ensure a safe and fool-proof working environment.
The 52-page research report studies the worldwide market for computer numerical control solutions and provides useful, unbiased, comprehensive, and razor-sharp insights into the industry and offers strategic recommendations based on its findings.
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The study covers the global computer numerical control solutions market landscape and assesses the growth prospects of various segments in the future years. Geographically, the report segments the global computer numerical control solutions market into the Americas, Asia-Pacific (APAC), and Europe, the Middle East and Africa (EMEA). The major end users of computer numerical control solutions include aerospace and defense, automotive, healthcare, consumer products, industrial machinery, and electrical and electronics. The key applications of computer numerical control solutions include turning, polishing, woodworking, punching, milling, stamping, grinding, forming, and other cutting operations.
The research report highlights and evaluates the factors driving the computer numerical control solutions market, forces that challenge its growth, and the various trends that impact the market. The retrofit segment has been witnessing a steady demand over recent years and is considered to be a major trend driving the computer numerical control solutions market. By retrofitting traditional machines such as turning centers, machine centers, and grinding machines with computer numerical control solutions, the overall cost of investment is reduced to a significant extent. Another key factor fueling the growth of the computer numerical control solutions market is the rise in demand for multitasking machines. Computer numerical control solutions offer improved dimensional as well as operational precision and reduced time frames. As a result, companies across various industries use these solutions to develop premium-quality products.
On the other hand, deployment of computer numerical control solutions in machines reduces the need for human labor, thereby leading to large-scale unemployment. This factor is expected to hamper the growth of the computer numerical control solutions market over the forecast period.
The research report on the computer numerical control solutions market assesses the competitive landscape at length, identifying profitable and prominent market players operating in the global industry. The major participants of the computer numerical control solutions market include Heidenhain, Mitsubishi Electric, Siemens, Fanuc, GSK CNC Equipment, Bosch Rexroth, Sieb & Meyer, Fagor Automation, and Soft Servo. The study discusses key aspects of the computer numerical control solutions market in terms of important facts, mergers and acquisitions, business overview, business segmentation, product segmentation, geographical segmentation, revenue comparisons, recent developments, business strategies, and company strengths, weaknesses, opportunities, and threats.
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