{"id":556475,"date":"2021-08-06T14:02:01","date_gmt":"2021-08-06T14:02:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=556475"},"modified":"2021-08-06T14:02:01","modified_gmt":"2021-08-06T14:02:01","slug":"europe-cnc-machine-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-20192025-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/europe-cnc-machine-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-20192025-grand-view-research-inc_556475.html","title":{"rendered":"Europe CNC Machine Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast to 2019-2025 | Grand View Research, Inc."},"content":{"rendered":"
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\"Europe<\/a><\/div>\n
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“Grand View Research, Inc. \u2013 Market Research And Consulting.”<\/div>\n<\/div>\n<\/div>\n
According to a new report published by Grand View Research, the market has witnessed considerable growth owing to the increasing demand for computer numerical control (CNC) machines from automotive manufacturers. <\/div>\n

The Europe<\/strong> CNC machine market<\/strong><\/a> size is expected to reach USD 33.0 billion<\/strong> by 2025<\/strong>, registering a CAGR<\/strong> of 7.1%<\/strong> from 2019 to 2025<\/strong>, according to a new study conducted by Grand View Research, Inc.<\/strong> Rising demand for multi-axis computer numerical control (CNC) machines equipped with automatic tool changers is expected to drive the market over the forecast period.<\/p>\n

CNC machines enable industries to manufacture components in less time and with greater accuracy. Since the past few years, advancements in automation technology have enabled manufacturers to introduce solutions that reduce a significant amount of repetitive work, and subsequently, the machining time.<\/p>\n

Europe is considered to be the automotive hub of the world. Countries such as Germany, Spain, France, and U.K. are home to some of the largest automobile manufacturers across the globe. Growing demand for increased production capacity of vehicles such as cars, trucks, cranes, and carriage vehicles in Europe is expected to keep the growth prospects upbeat.<\/p>\n

Major players are making large investments in research and development programs for new technologies and products. For instance, in April 2016, FANUC CORPORATION collaborated with Cisco Systems, Inc.; Rockwell Automation; and Preferred Networks with an aim to seek assistance in the development and deployment of the FIELD system. The platform connected CNCs, robots, and peripheral devices and sensors to deliver analytics for the optimization of manufacturing processes.<\/p>\n

Europe CNC Machine Market Report Highlights<\/strong><\/p>\n

•<\/strong> The milling machines segment is anticipated to register the highest CAGR<\/strong> of 9.5%<\/strong> from 2019 to 2025<\/strong> owing to their ability to perform operations on slots, gears, shafts, spiral surfaces, and several other curved surfaces<\/p>\n

•<\/strong> The automotive segment is anticipated to exhibit the highest CAGR of 9.8%<\/strong> from 2019 to 2025<\/strong>. This can be attributed to the presence of a large number of automotive manufacturers in the region<\/p>\n

•<\/strong> Italy is expected to register the highest growth over the forecast period and is anticipated to reach USD 9.38 billion<\/strong> by 2025<\/strong> owing to the country’s strong manufacturing sector<\/p>\n

•<\/strong> Key companies in the Europe CNC machine market include Amada Machine Tools Co., Ltd.; DMG Mori Co., Ltd.; DMTG Corporation; Fanuc Corporation; Haas Automation, Inc.; Hurco Companies, Inc.; Okuma Corporation; SMTCL; and Yamazaki Mazak Corporation.<\/p>\n

Browse full report with Table of Content @ <\/strong>https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-computer-numerical-control-cnc-machine-market<\/strong><\/a><\/p>\n

Europe CNC Machine Market Segmentation<\/strong><\/p>\n

Grand View Research has segmented the Europe CNC machine market on the basis of type, end use, and country:<\/p>\n

Europe CNC Machine Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2014 – 2025)<\/strong><\/p>\n

    •<\/strong> Lathe
    •<\/strong> Milling
    •<\/strong> Laser
    •<\/strong> Grinding
    •<\/strong> Welding
    •<\/strong> Winding
    •<\/strong> Others<\/p>\n

Europe CNC Machine End Use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2014 – 2025)<\/strong><\/p>\n

    •<\/strong> Automotive
    •<\/strong> Aerospace & Defense
    •<\/strong> Construction Equipment
    •<\/strong> Power & Energy
    •<\/strong> Industrial
    •<\/strong> Others<\/p>\n

Europe CNC Machine Country Outlook (Volume, Thousand Units; Revenue, USD Billion, 2014 – 2025)<\/strong><\/p>\n

    •<\/strong> France
    •<\/strong> Germany
    •<\/strong> Italy<\/p>\n

For Requesting a Sample Copy of This Report, Please Visit @ <\/strong>https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-computer-numerical-control-cnc-machine-market\/request\/rs1<\/strong><\/a><\/p>\n

Browse More Related Report<\/strong>:<\/strong><\/p>\n

Computer Numerical Control Machines Market<\/strong><\/a> Size, Share & Trends Analysis Report By Type (Milling, Welding, Lathe), By End Use (Automotive, Industrial), By Region (APAC, North America), And Segment Forecasts, 2021 – 2028<\/p>\n

Machine Tools Market<\/strong><\/a> Size, Share & Trends Analysis Report By Type (Lathe, Milling, Laser, Grinding, Welding, Winding), By Technology (CNC, Conventional), By Sales Channel, By End Use, And Segment Forecasts, 2020 – 2027<\/p>\n

About Grand View Research<\/strong><\/p>\n

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.<\/p>\n

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Grand View Research, Inc.<\/a>
Contact Person:<\/strong> Sherry James, Corporate Sales Specialist – U.S.A.
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 1888202951
Address:<\/strong>Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City:<\/strong> San Francisco
State:<\/strong> California
Country:<\/strong> United States
Website:<\/strong> https:\/\/www.grandviewresearch.com\/industry-analysis\/europe-computer-numerical-control-cnc-machine-market<\/a><\/p>\n

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“Grand View Research, Inc. \u2013 Market Research And Consulting.” According to a new report published by Grand View Research, the market has witnessed considerable growth owing to the increasing demand for computer numerical control (CNC) machines from automotive manufacturers. The … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,408,435,410,416],"tags":[],"class_list":["post-556475","post","type-post","status-publish","format-standard","hentry","category-Business","category-Electronics-Semiconductors","category-Europe","category-Manufacturing-Industry","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/556475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=556475"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/556475\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=556475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=556475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=556475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}