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.
Mitsubishi Electric Corporation
Okuma America Corporation
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
Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/d7vlwk
View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005863/en/
Laura Wood, Senior Press Manager
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