Press release
Key Trends Reshaping the Computer Numerical Control Market: Product Innovations Transforming The Computer Numerical Control Market Industry Transformation
Computer Numerical Control
Computer Numerical Control Market Size Growth Forecast: What to Expect by 2025?
The market size of computer numerical control has witnessed significant growth in the recent past. With a projected expansion from $17.13 billion in 2024 to $18.13 billion in 2025, it has a compound annual growth rate (CAGR) of 5.8%. Factors attributing to the growth seen in the past include manufacturing automation, progression in precision manufacturing, production of complex components, decrease in production duration, heightened demand for customization and cost-effectiveness in large scale production.
How Will the Computer Numerical Control Market Size Evolve and Grow by 2029?
The market size of computer numerical control is forecasted to witness substantial growth in the upcoming years, ballooning to $24.34 billion in 2029 with a compound annual growth rate (CAGR) of 7.6%. This impressive growth during the forecast period can be credited to factors such as industry integration, the emergence of additive manufacturing, its extensive utilization in small and medium enterprises (SMEs), concentration on sustainability, advances in software capabilities, and demand in the healthcare and biotechnology sectors. Key trends that will chart the course during the forecast period include energy-efficient solutions, miniaturization and micro-machining, the integration of the internet of things (IoT), customization for small-scale production, and the move towards open-source CNC systems.
View the full report here:
https://www.thebusinessresearchcompany.com/report/computer-numerical-control-global-market-report
What Drivers Are Propelling the Growth of Computer Numerical Control Market Forward?
The surge in demand for electric vehicles is set to boost the computer numerical control market. Electric vehicles (EVs), which operate on electricity using an electric motor rather than an internal combustion engine that produces power by burning a mixture of gasoline and gases, necessitate computer numerical control technology for their mass production and mechanization. This helps the manufacturer reduce costs. As stated in the Global Electric Vehicle Outlook report released by the International Energy Agency (IEA), a France-based intergovernmental autonomous body, in May 2022, electric car sales doubled in 2021, reaching 6.6 million. The trend continued into 2022, with global sales of 2 million electric cars being recorded in the first quarter. Therefore, the rising popularity of electric vehicles will fuel the growth of the computer numerical control market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8795&type=smp
Which Emerging Trends Are Transforming the Computer Numerical Control Market in 2025?
In a bid to gain a competitive advantage in the computer numerical control market, leading companies are producing new machines with an axis resolution reaching one nanometer. Axis resolution is the smallest detectable or achievable movement or measurement along an axis, usually in a mechanical or electronic system. For example, ANCA CNC Machines, a machinery manufacturing company based in Australia, introduced the MX7 ULTRA in December 2022. This high-end machine is engineered for the production of cutting tools with utmost precision and quality. It boasts nanometer axis resolution, which guarantees less than +/- 0.002mm line form accuracy for different profiles, such as ballnose and corner radius endmills. Through innovative software, hardware, and design features, the machine offers substantial enhancements in surface finish, accuracy, and controlled runout, thereby ensuring consistent quality from the first tool to the thousandth one. Other features of the machine include in-process measuring, balancing, runout compensation, and Motor Temperature Control (MTC) for counteracting thermal expansion.
What Are the Key Segments in the Computer Numerical Control Market?
The computer numerical control market covered in this report is segmented -
1) By Type: Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Other Types
2) By Product Type: Software, Solutions
3) By End Use Industry: Aerospace And Defense, Automobile, Electronics, Healthcare, Other End Use Industries
Subsegments:
1) By Lathe Machines: CNC Turning Centers, CNC Lathes
2) By Milling Machines: CNC Vertical Milling Machines, CNC Horizontal Milling Machines
3) By Laser Machines: CNC Laser Cutting Machines, CNC Laser Engraving Machines
4) By Grinding Machines: CNC Surface Grinders, CNC Cylindrical Grinders
5) By Welding Machines: CNC Plasma Welding Machines, CNC TIG Or MIG Welding Machines
6) By Winding Machines: CNC Coil Winding Machines, CNC Wire Winding Machines
7) By Other Types: CNC Waterjet Cutting Machines, CNC EDM Machines (Electrical Discharge Machining)
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8795&type=smp
Who Are the Key Players Shaping the Computer Numerical Control Market's Competitive Landscape?
Major companies operating in the computer numerical control market are Airbus SAS, Safran SA, Honeywell International Inc., Teledyne Technologies Inc., The Boeing Company, General Electric Company, Rolls-Royce Holdings PLC, Flyth Aerospace Solutions Ltd., Raytheon Technologies Corporation, Curtiss-Wright Corporation, RSL Electronics Ltd., Deutsche Lufthansa AG, Acellent Technologies Inc., Societe Internationale de Telecommunications Aeronautiques, Embraer SA, AMETEK Inc., Tech Mahindra Limited, Ventura Aerospace Inc., Meggitt PLC, Lufthansa Technik AG, FLYHT Aerospace Solutions Ltd., Esterline Technologies Corporation, Ultra Electronics Holdings PLC, Thales Group, BAE Systems PLC, Moog Inc., SKF AB, LORD Corporation, Goodrich Corporation, Eaton Corporation
What Geographic Markets Are Powering Growth in the Computer Numerical Control Market?
Asia-Pacific was the largest region in the computer numerical control market share in 2024. Europe was the second-largest region in the computer numerical control market. The regions covered in the computer numerical control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8795
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Trends Reshaping the Computer Numerical Control Market: Product Innovations Transforming The Computer Numerical Control Market Industry Transformation here
News-ID: 4082832 • Views: …
More Releases from The Business Research Company
Rising Demand For Digital Banking Solutions: Strengthening the Growth Trajectory …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Is the Expected CAGR for the Core Banking Software Market Through 2025?
The market for core banking software has experienced significant expansion lately. The size of the market is predicted to increase from $13.32 billion in 2024 to $14.43 billion in 2025, achieving a compound annual growth rate (CAGR) of 8.3%. Factors such…
Consumer Foam Market Expansion Continues, with Forecast Valuation of $59.54 Bill …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Consumer Foam Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the consumer foam market has seen considerable expansion in the past few years. It is predicted to surge from $41.47 billion in 2024 to $44.33 billion in 2025, growing at a compound annual growth rate (CAGR) of…
Cognitive Process Automation Market Landscape to 2034: Key Forces Shaping the Ne …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Cognitive Process Automation Market Size By 2025?
The market size for cognitive process automation has seen significant expansion in the recent past. Predictions suggest growth from $8.01 billion in 2024 to $9 billion in 2025, presenting a compound annual growth rate (CAGR) of 12.4%. Factors contributing to this progression during…
Comprehensive 2025 Cell Expansion Market Overview: Trends, Forecasts, and Growth …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
What Is the Expected CAGR for the Cell Expansion Market Through 2025?
The market size for cell expansion has seen significant growth over the recent years. It is projected to inflate from $28.11 billion in 2024 to $32.22 billion in 2025, with a compound annual growth rate (CAGR) of 14.6%. This expansion during the…
More Releases for Machines
Global Computer Numerical Control Market By Type: Lathe Machines, Milling Machin …
According to the latest research by SkyQuest Technology, the Global Computer Numerical Control Size was valued at US$ 86.83 billion in 2021, and it is expected to reach a value of US$ 140.5 billion by 2028, at a CAGR of 6.9% over the forecast period (2022 - 2028). The research provides up-to-date Computer Numerical Control market analysis of the current market landscape, latest trends, drivers, and overall market environment. …
Professional Coffee Machine Market Potential growth, attractive valuation make i …
(September 2020): WMR’s Latest Study on “Professional Coffee Machine Market” report 2020-2027 provides an overview of the current market situation, competitive analysis, product scope, market research, opportunities, driving force, and market risks. The report contains a market forecast to 2027 related to market size, Consumption, gross margin, price, revenue, production, CAGR, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers…
Packaging Machinery Market by Machine Type (Filling Machines, FFS (form, fill an …
Consumers in the beauty sector not only look for sustainable ingredients but also demand for attractive and convenient packaging. In addition, with rising disposable income, consumers in the beauty sector are increasingly adopting branded and high quality cosmetics, thereby fueling the cosmetics packaging machinery market growth.
Packaging Machinery Market Report, published by Allied Market Research, projects that the global market size was valued at $39,647 million in 2016 and is projected…
Innovation In Packaging Machinery Market By Machine Type (Filling Machines, FFS …
The global market report is a systematic research of the global Packaging Machinery Market portraying the current state of affairs in the market. It projects the market development for the upcoming years. The report evaluates various aspects of the market influencing its expansions as well as the volume of the global Packaging Machinery Market industry. The report highlights the determined vendor overview of the market along with the summary of…
Weight Training Machines Market by Type (Weight-Stack Machines, Plate-Loaded Mac …
Weight training is a type of strength training used to develop the strength and size of the muscle. It uses a variety of specialized equipment known as weight training machines to target specific muscle groups in the body. Generally, these machines use weights, eccentric contraction, and muscular resistance to increase strength of the skeletal muscle. Some of the benefits of weight training include muscle mass, endurance, bone and bone mineral…
POS Machines
Persistence Market Research has analyzed various facets of the POS machine market from a global standpoint and has skilfully presented them in its new research publication titled “POS Machine Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The extensive POS machine market research report covers various trends, opportunities, drivers and restraints influencing the growth of the global POS machine market along with regional analysis, competitive scenario and forecasts. This analyses…
