Market Analysis Report U.S. Computer Numerical Control (CNC) Machine Mark | Page 2

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Growing purchasing power of individuals has resulted in an increased demand for passenger cars that has led
to a noticeable growth in demand for automotive components. The growing usage of CAD, CAM, and CNC in
equipment manufacturing and machining by construction equipment industry is expected to drive the market
demand. Growing number of power plants and energy units in U.S. is estimated to foresee high demand for
the technology in power and energy sector over the forecast period. Various regulatory trends for safety
have been directed by the government where CNC machines must be free from obstacles and the path of
CNC router must be clear to avoid accidents.
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machine-market
In addition, several regulatory boards have set up an eligibility criterion, providing adequate training to
the operators that are required to meet the expectations. Such initiatives are expected to drive the
market demand in the upcoming years. Additionally, several organizations such as Occupational Safety
and Health Administration (OSHA) has laid down regulations for the adequate training machinists,
mandatory dry run, clear CNC router path, and appropriate dress code for the operators while working
on the shop floor. Technological advancements, in terms of development of software and applications,
that allow managers to track the activities carried out by shop floor operators is expected to increase
the overall penetration across different industries.
Moreover, extensive use of CNC applications in various industries in order to perform smooth operations
thereby minimizing human intervention, would also drive the market in upcoming years. Adequate man-
power along with increasing use of CNC technology is expected to improve the productivity to meet the
increasing demand in the U.S. market. Heavy R&D investments owing to rising CNC demand among
end-users to enhance the machine design that allows multiple operations including facing, drilling, cutting
and grinding would drive the market further. The CNC machines acquire less floor space, which provides
ease in working and does not require any operator or supervisor to constantly monitor the machine
operations. In addition, this reduces the need for manual labor and saves operational costs, which is
expected to fuel the market demand over the forecast period.
Hexa Research has segmented the U.S. CNC machine market report based on type and end use:
Segmentation by Type
• Lathe Machines
• Milling Machines
• Laser Machines
• Grinding Machines
• Welding Machines
• Winding Machines
• Others
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