Global CNC Horizontal Machining Centres Market 2017-2021

The infographic below contains key findings from our analysis of the CNC horizontal machining centres market 

Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.   

Overview of the global CNC horizontal machining centres market

Technavio’s market research analyst predicts the global computer numeric control (CNC) horizontal machining centres market to grow steadily at a CAGR of around 7% by 2021. One of the primary drivers for this market is the growing demand for turn-cut operation. Several advanced horizontal machining centers can perform turn-cut operations that are difficult to accomplish using a vertical machining center. Turn-Cut is an operation that allows the workpiece to remain stationary on a tombstone while the spindle helps in turning the object, making few operations such as threading and ID/OD cutting more flexible. Consequently, by using CNC horizontal machining centers, additional investment in special tooling, chuck, and fixtures can be avoided. Also, in horizontal machining centers, the workpiece is not required to move to a lathe section separately to perform turning operations, thereby reducing less part movement, operator intervention, and quality issues. These of the turn-cut operation is expected to propel the growth of the global CNC horizontal machining centers market during the forecast period.

In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The rapid industrial development in countries like China, India, South Korea, Indonesia, and Taiwan is the key to the growth of the CNC horizontal machining centers market in the region. Moreover, the automotive industry in APAC, particularly in China, Japan, South Korea, and India, is undergoing expansion in terms of new and existing facilities. This is expected to augment growth in the CNC horizontal machining centres market in the region during the next four years.

Competitive landscape and key vendors

The global CNC horizontal machining centers market is moderately concentrated and is characterized by a mix of global and regional vendors. In the present market scenario, vendors are constantly trying to invest in technologies to develop innovative, energy-efficient, and advanced CNC solutions that can be used in end-user industries. Among the established vendors, pricing is expected to be the key competitive strategy to capture market shares.

Leading vendors in the market are –

• Haas Automation
• Hurco
• Makino
• Okuma
• SMTCL Americas

Other prominent vendors in the CNC horizontal machining centers market include Yamazaki Mazak, CMS North America, Jyoti CNC Automation, KRUDO Industrial, Komatsu NTC, and Mitsubishi Electric.

Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo

Segmentation by product and analysis of the CNC horizontal machining centers market

• Less than 5-axis horizontal machining centers
• 5-axis or more horizontal machining centers

During 2016, the less than 5-axis horizontal machining centers segment dominated the CNC horizontal machining centers market and accounted for a major part of the overall market share. The dominance of this segment in the global market can be attributed to the less price of these machines and a wide variety of industrial application. As a result, most SMEs with stringent financial boundaries prefer this type of machining centers to meet their needs.

Segmentation by end-user and analysis of the CNC horizontal machining centers market

• Automotive industry
• Aerospace industry
• Metal fabrication

In this market study, analysts have estimated the automotive industry to dominate the CNC horizontal machining centers market during the forecast period. The high rate of adoption of CNC machines in the automotive industry is the major factor driving the growth of the CNC horizontal machining centers market in the automotive industry. Also, the plants where vertical CNC machining centers already exist are likely to adopt horizontal machining centers for achieving greater productivity.

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global CNC horizontal machining centers market?
• What are the key market trends impacting the growth of the global CNC horizontal machining centers market?
• What are the challenges to market growth?
• Who are the key vendors in the global CNC horizontal machining centers market?
• What are the market opportunities and threats faced by the vendors in the global CNC horizontal machining centers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global CNC horizontal machining centers market? 

Technavio also offers customization on reports based on specific client requirement.