According to a new report Global Computer Numerical Control (CNC) Machines Market, published by KBV Research, The Global Computer Numerical Control (CNC) Machines Market size is expected to reach $94.3 billion by 2025, rising at a market growth of 6.6% CAGR during the forecast period.
The Lathe Machines market dominated the Global Computer Numerical Control (CNC) Machines Market by Type 2018, growing at a CAGR of 5.3 % during the forecast period. The Milling Machines market is expected to witness a CAGR of 5.9% during (2019-2025). Additionally, The Laser Machines market is expected to witness highest CAGR of 7.2% during (2019-2025).
The Automotive market dominated the Global Computer Numerical Control (CNC) Machines Market by End User 2018, growing at a CAGR of 5.2 % during the forecast period. The Aerospace & Defense market is expected to witness a CAGR of 7.9% during (2019-2025). The Power & Energy market is expected to witness a CAGR of 7.4% during (2019-2025). Additionally, The Construction Equipment market is expected to witness highest CAGR of 8.5% during (2019-2025).
The Asia Pacific market dominated the Global Computer Numerical Control (CNC) Machines Market by Region 2018, growing at a CAGR of 7.9 % during the forecast period. The Europe market is expected to witness a CAGR of 5.8% during (2019-2025). Additionally, The North America market is expected to witness a CAGR of 4.6% during (2019-2025).
Full Report: https://www.kbvresearch.com/computer-numerical-control-machines-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Siemens AG, Mitsubishi Electric Corporation, Amada Holdings Co., Ltd., Allied Machines & Engineering Corporation, Fanuc Corporation, DMG Mori Seiki Co. LTD., Haas Automation, Inc., Hurco Companies, Inc., Yamazaki Mazak Corporation, and Dalian Machine Tool Group (DMTG) Corporation.
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Companies Profiled
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