Asia Pacific Computer Numerical Control (CNC) Machines Market By Type(Lathe Machines, Milling Machines, Laser Machines, Welding Machines, Grinding & Winding Machines and Others), By End Use (Automotive, Aerospace & Defense, Construction Equipment, Industrial, Power & Energy and Others)
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The Asia Pacific Computer Numerical Control (CNC) Machines Market would witness market growth of 7.9% CAGR during the forecast period (2019?2025).
With the integration of CNC machines, each object under a manufacturing process gets a custom computer program, usually written in an international standard language called G-code, stored in and executed by the machine control unit (MCU), a microcomputer attached to the machine. The program contains the instructions and parameters the machine tool will follow, such as the feed rate of materials and the positioning and speed of the tool's components. Mills, lathes, routers, grinders and cameras are popular machine tools that can be controlled with CNC. It can also be used to regulate non-machine instruments such as welding devices, electronic assembly machines, and filament-winding machines.
The Asia Pacific is probably going to remain a lucrative market and is poised to remain a leader over the next six years. Major factor that contributes to this growth is government initiatives and investment keeping the market competitive.
Based on Type, the market is segmented into Lathe Machines, Milling Machines, Laser Machines, Welding Machines, Grinding & Winding Machines and Others. Based on End User, the market is segmented into Automotive, Aerospace & Defense, Construction Equipment, Industrial, Power & Energy and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Mitsubishi Electric Corporation, Amada Holdings Co., Ltd., Allied Machines & Engineering Corporation, Fanuc Corporation, DMG Mori Seiki Co. LTD., Haas Automation, Inc., Hurco Companies, Inc., Yamazaki Mazak Corporation, and Dalian Machine Tool Group (DMTG) Corporation.
Scope of the Global Computer Numerical Control (CNC) Machines Market
- Lathe Machines
- Milling Machines
- Laser Machines
- Welding Machines
- Grinding & Winding Machines
By End User
- Aerospace & Defense
- Construction Equipment
- Power & Energy
- South Korea
- Rest of Asia Pacific
- SIEMENS AG
- Mitsubishi Electric Corporation
- Amada Holdings CO., LTD.
- Allied Machines & Engineering Corporation
- Fanuc Corporation
- DMG Mori Seiki Co. Ltd.
- HAAS Automation, Inc.
- Hurco Companies, Inc.
- Yamazaki Mazak Corporation
- Dalian Machine Tool Group (DMTG) Corporation
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