CNC Metal Cutting Machine Market 2019 Global Analysis, Opportunities and Forecast To 2026 | Top Players Coherent, Inc., DMG MORI CO., Ltd., Komatsu Ltd., Lincoln, Yamazaki Mazak

Allied Market Research published a new report, titled, "CNC metal cutting machine". The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Global CNC metal cutting machine market size was valued at $69.9 billion in 2018, and is projected to reach $113.5 billion by 2026, registering a CAGR of 6.0% from 2019 to 2026. By type, the machining centers segment accounted for the highest market share in 2018 and laser cutting machines is expected to witness significant growth during the forecast period, owing to increase in demand in the automotive industry.

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The report offers key drivers that propel the growth in the global CNC metal cutting machine market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

In terms of end user, the automotive segment has secured the highest market share in 2018, and electronics segment is expected to witness growth at a CAGR of 7.1% during the forecast period owing to technical innovations, and increase in emphasis on the electronic sector, which is expected to provide lucrative growth opportunities to the CNC metal cutting machine market players in the developing economies. Asia-Pacific is expected to be the leading contributor to the market, followed by Europe and North America.

The major players in CNC metal cutting machine market such as Yamazaki Mazak Corporation, TRUMPF GmbH + Co. KG, AMADA Holdings Co., Ltd, Okuma Corporation, Maschinenfabrik Berthold Hermle AG, and others, have focused on developing new products to strengthen their presence in the market. Moreover, these companies expand their business by launching innovative products to sustain the intense competition. For instance, in May 2019, AMADA launched the new REGIUS-3015AJ fiber laser cutting machine. The machine is equipped with 3-axis linear motor drive system, which can achieve a feed rate of 340m/min, which is 1.4 times more than that of conventional machines.

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The key players profiled in the report include Amada Holdings Co., Ltd., Coherent, Inc., DMG MORI CO., Ltd., Hurco Companies, Inc., Komatsu Ltd., Lincoln Electric Holdings, Inc., Maschinenfabrik Berthold Hermle AG, Okuma Corporation, TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corporation.

Key offerings of the report:

1. Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
2. Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
3. Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
4. Regional Analysis: Thorough analysis of each region helps market players devise expansion strategies and take a leap.
5. Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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