The global CNC Machine (CNC Machine Tools) market is valued at 32200 million US$ in 2017 and will reach 28800 million US$ by the end of 2025, growing at a CAGR of -1.4% during 2018-2025.
This press release was orginally distributed by SBWire
Albany, NY -- (SBWIRE) -- 07/12/2018 -- This report studies the global CNC Machine (CNC Machine Tools) market status and forecast, categorizes the global CNC Machine (CNC Machine Tools) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools. Tools that can be controlled in this manner include lathes, mills, routers and grinders, and so on.
In the year from 2009-2010, with the economic recovery from global financial crisis, the CNC machine industry have an explosive growth both in the production and consumption field. In the next years, with the stable economic growth, this industry maintains developing stably.
Global market shows a high concentration in the production of CNC machine by countries, especially in the high-performance field. The core technology of high-performance is hold in several developed countries like Germany, Japan, US and so on. The emerging countries play an important role in the manufacturing of the low-end product series.