Market Analysis Report U.S. Computer Numerical Control (CNC) Machine Mark

Your Catalyst to a Lucrative Business U.S. Computer Numerical Control (CNC) Machine Market Share, Size, Key Players, Outlook and Forecasts to 2025 | Hexa Research “ The U.S. CNC machines market size is expected to reach USD 11.46 billion by 2025.” 15 January 2019 The U.S. CNC machines market size is expected to reach USD 11.46 billion by 2025. This growth is attributed to rising demand from widespread applications owing to features such as cost-efficiency, better productivity, and improved quality. Moreover, advancements in technology have led to the development of modern CNC machine controls along with IoT, which is expected to bring several innovations in the field with regards to automation. Such innovations are expected to fuel the demand for CNC machines over the forecast period. CNC machines are segmented into lathe, milling, grinding, welding, winding and other machines that are widely used by different end-users. Features such as altering spindle speed and feed rate, tool changing results in improved accuracy at low cost, which is expected to boost the market demand over the projected period. Moreover, the operation of CNC with milling machine is expected to be the dominant segment by 2025 owing to increasing demand. The technology enables improved rate of operations by means of computerized codes and automation that help overcome human errors and accelerates to achieve better quality, productivity, and cost efficiency. In terms of end-use, the market is segmented into automotive, aerospace and defense, construction equipment, power and energy, industrial, and others. Follow Us: