DUBLIN--(BUSINESS WIRE)--The "CNC Vertical Machining Centers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 6th edition of this report. The 280-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global CNC Vertical Machining Centers Market to Reach $5.8 Billion by 2027
Amid the COVID-19 crisis, the global market for CNC Vertical Machining Centers estimated at US$4.1 Billion in the year 2020, is projected to reach a revised size of US$5.8 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027. Less Than 5-Axis, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$4.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 5-Axis or More segment is readjusted to a revised 3.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.5% CAGR
The CNC Vertical Machining Centers market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
Competitors identified in this market include, among others:
- Bharat Fritz Werner Ltd.
- CMS North America
- DMG Mori AG
- Haas Automation, Inc.
- Hurco Companies, Inc.
- Jyoti CNC Automation Ltd.
- Komatsu NTC Ltd.
- KRUDO Industrial
- Makino Inc.
- Mitsubishi Electric Corporation
- Okuma America Corporation
- SMTCL Americas
- Yamazaki Mazak Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- CNC Vertical Machining Centers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/d7vlwk
