Global CNC Vertical Machining Centers Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

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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

View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005863/en/

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