Outlook the Global NC Market in the Automotive Industry to Grow at a CAGR of 7.02%by Revenue During the Period 2015-2019
About NC
NC machine is an effective and efficient motion control systems that enable high speed machining process.
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It is equipped with high data processing capability and high speed microprocessors that deliver high speed, high precision machining capabilities. The NC solutions are adopted by companies across industries such as machine builders, automotive, aerospace, shipbuilding, medical products, electrical and electronics for applications like turning, milling, stamping, forming, grinding, polishing, wood working, and punching operations. NC software creates a program code that is used to run NC machines controlled by a computer. The usage of NC ensures more accuracy and flexibility.
Technavio's analysts forecast the global NC market in the automotive industry to grow at a CAGR of 7.02% over the period 2014-2019.
Covered in this report
The report covers the current scenario and the growth prospects of the global NC market in the automotive industry for the period of 2015-2019. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors.
It presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, the report discusses the major growth drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that will contribute to the growth of the market.
Technavio's report, Global NC Market in the Automotive Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
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Key regions
Americas
APAC
EMEA
Key vendors
3D Systems
Autodesk
Dassault Systmes
Hexagon
Siemens PLM
Other prominent vendors
Missler Software
NTT Data Engineering
Market driver
Advantages associated with the usage of NC machines
For a full, detailed list, view our report
Market challenge
Disadvantages of NC machines
For a full, detailed list, view our report
Market trend
Increased support for multitasking
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be
What are the key market trends
What is driving this market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the key vendors
What are the strengths and weaknesses of the key vendors
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