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Report updated on 11th September, 2021: Global CNC Machines Market By Type (High Speed CNC Vertical Milling, High Speed CNC Horizontal Milling, High Speed CNC Vertical Machining Center, and Others), By Application (Aerospace & Defense, Automotive, Energy & Heavy Industry, and Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)Trusted Business Insights has published a comprehensive market research report on, Global CNC Milling Machines Market by Product Type (High Speed CNC Vertical Milling, High Speed CNC Horizontal Milling, High Speed CNC Vertical Machining Center, High Torque CNC Vertical Milling, CNC Boring Mills and Other Types), By Application (Aerospace & Defense, Automotive, Energy & Heavy Industry, Mold Making, Job Shop and OEM and Other Applications) and by Region -Global Forecast to 2030, which offers a holistic view of the global CNC Milling Machines market through systematic segmentation that covers every aspect of the target market. The global CNC Milling Machines market is projected to be US$ 16,550.8 Mn in 2020 to reach US$ 29,098.3 Mn by 2030 at a CAGR of 5.8%. Earlier, milling machines were either manually or mechanically automated, however significant technological advancements have led to the development of Computer Numerical Control machining. Computer Numerical Control (CNC) has been integrated in a number of new machinery and technologies, and CNC milling machine is one of the most common form of CNC machining. These machines are used for shaping of metal and other solid materials, with two basic forms of CNC milling machines: horizontal and vertical, referring to the orientation of the cutting tool spindle. CNC milling machines usually require a Computer Aided Design/ Computer Aided Manufacture (CAD/CAM) software for proper functioning. The numerical information generally G and M codes is used to control and drive the machining center, which is used to fabricate components using cutting tools for removal of material. Rapid growth of manufacturing sector in both developed and developing countries, coupled with growing trend for smart-machining, connected factories and additive manufacturing is estimated to increase demand for CNC milling machines over the forecast period.
Global CNC Milling Machines Market Revenue (US$ Mn), 2021 to 2030However, high initial set-up cost and considerable investments in R&D activities for development of products reflects on the final product price, as well as limits participation of several players in the market. Nonetheless, Introduction of 6-axis CNC milling machines for machining of aluminum, steel, cast iron and model making materials, lowers production time by 75%, finds usage in aerospace and automotive parts, plus model-making and mould applications, which is expected to further augment growth of the target market. Global CNC Milling Machines market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into High Speed CNC Vertical Milling, High Speed CNC Horizontal Milling, High Speed CNC Vertical Machining Center, High Torque CNC Vertical Milling, CNC Boring Mills and Other types. The High Torque CNC Vertical Milling segment accounts for the majority share and followed by High Torque CNC Horizontal Milling segment. On the basis of application, the market is segmented into Aerospace & Defense, Automotive, Energy & Heavy Industry, Mold Making, Job Shop and OEM and Other Applications. The Aerospace & Defense segment accounts for a majority share in the global CNC Milling Machines market.
Global CNC Milling Machines Market by Product Type, 2018On the basis of region, the market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of the World. The Europe accounts for the majority share in the global CNC Milling Machines market. China is expected to register highest growth rate over forecast period. Regions such as Europe, and United States are expected to register stable growth over the forecast period. The research report on the global CNC Milling Machines market includes profiles of some of major companies such as Georg Fischer AG, Haas Automation, Inc., SYIL Machine Corp., DMG Mori Co., Ltd. Mitsubishi Corporation, Hurco Companies, Inc., Okuma Corporation, Doosan Corporation, Makino Milling Machine Co., Ltd., HYUNDAI WIA Corporation.
Below are the active patents related to CNC Machines Market.Patent Number: US20120210551A1 Vertical turning-milling complex machining center Abstract A vertical turning-milling complex machining center comprises a horizontally-arranged bed body (6) and a vertically-arranged column (7). The bed body (6) is provided with an X-axis lateral supporting linear track (2) and an X-axis guide screw (5). The bed body (6) is also provided with a uniaxial rotating table (1) which can reciprocate and is driven directly by a first external rotor torque motor. The column (7) is vertically provided with a Z-axis lateral supporting linear track (10), a Z-axis guide screw (9) and a crossbeam (11) that reciprocates up and down. The crossbeam (11) is provided with a transverse Y-axis linear track (13), a Y-axis guide screw (12) and a single-pendulum milling head seat frame that can reciprocate along the Y-axis guide screw (12). The single-pendulum milling head is driven directly by a second external rotor torque motor. The vertical turning-milling complex machining center uses direct-drive technology applied to a B-axis and a C-axis, the motor torque is greatly increased and functional parts can stably operate, therefore the integral rigidity and stability of the machining center are improved.Application File Date: Application Granted Date: 2010-10-29 Application granted Date: 2014-11-18 Current Assignee: Dalian Kede Numerical Control Co Ltd Patent Number: EP1892055A1 Compact mill head unit Abstract A cutting tool header-unit has a support (8), a swivelling body (14) mounted on support (8) and a machine tool spindle (11) mounted on the swivelling body (14), and which can swivel about a second axis by use of a second drive device (50). For swivelable mounting and guidance of the swivel body (14) or the machine tool spindle (11), at least one intermediate active arched-guide device (36) is provided. An independent claim is given for a machine tool unit, especially a cutting/milling machine. Application Granted Date: 2007-08-21 Application granted Date: 2009-07-01 Current Assignee: F Zimmermann GmbH and Co KG Patent Number: US20060272378A1 Method and apparatus for forming sheet metal Abstract In order to provide a method and apparatus for forming a sheet metal, in which a three-dimensional product such as a prototype for commercialized press-forming can be formed in short time without limitations as to the shape and with high accuracy, preventing body wrinkles or reduction of the sheet thickness, a process of: performing drawing-forming to a predetermine height by pushing the forming punch having a desired shape in the sheet thickness direction with the edges of the blank workpiece being clamped; performing shape-forming with the shaping tool in the opposite side to the forming punch by increasing a clamping pressure to lock movement of a material with the forming punch being pushed; performing drawing-forming again by decreasing the clamping pressure and raising the forming punch by a desired height; and performing shape-forming with the shaping tool by increasing the clamping pressure to lock movement of a material, is repeated at least once. Application Granted Date: 2006-06-05 Application granted Date: 2009-05-26 Current Assignee: Amino Corp
Key Market SegmentsBy Type
Chapter 1 Global CNC milling Machines Market Overview 1.1 Introduction 1.2 Features and Advantages of CNC milling Machines 1.3 Drivers for CNC milling Machines Market 1.4 Restraints for CNC milling Machines Market 1.5 Opportunities for CNC milling Machines Market 1.6 Global CNC milling Machines Market by Product Type 1.6.1 Global CNC milling Machines Revenue Comparison by Product Type (2012-2028) 1.6.2 Global CNC milling Machines Revenue Market Share by Product Type in 2018 1.6.3 Global CNC milling Machines Market Attractiveness Analysis by Product Type, 2012–2018 1.7 Global CNC milling Ma | read more...