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CNC Metal Cutting Machine Market by Type, End User- Global Opportunity Analysis & Industry Forecast 2026

01-19-2021 10:21 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
CNC Metal Cutting Machine Market

CNC Metal Cutting Machine Market

According to a new report published by Allied Market Research, titled, "Global CNC Metal Cutting Machine Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2019–2026," the 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 an increase in demand in the automotive industry.

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In terms of end-user, the automotive segment has secured the highest market share in 2018, and the electronics segment is expected to witness growth at a CAGR of 7.1% during the forecast period owing to technical innovations, and an 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 the 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 a 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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Key Benefits for Stakeholders:

The report provides an extensive analysis of the current and emerging CNC metal cutting machine market trends and dynamics.

In-depth CNC metal cutting machine market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.

Extensive analysis of the CNC metal cutting machine market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global CNC metal cutting machine market forecast analysis from 2018 to 2026 is included in the report.

Key players operating in the CNC metal cutting machine market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the CNC metal cutting machine industry.

Global CNC Metal Cutting Machine Market Segments:

By Type

Machining Centers
Lathe Machines
Gear Cutting Machines
Laser Cutting Machines
Others

By End-User

Automobile
Aerospace & defense
Electronics
Power & Energy
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

Key Players

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
Yamazaki Mazak Corporation

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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