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Five-axis machining refers to the fact that there are at least five axes (three linear coordinates and two rotational coordinates) on one machine, and can be coordinated at the same time under the control of a computer numerical control (CNC) system.
The revenue of top ten manufacturers accounts about 58% of the total revenue market share in 2018. The high-end products mainly come from Japan, Europe and North America.
Market Analysis and Insights: Global 5-Axis CNC Machining Centers Market
The global 5-Axis CNC Machining Centers market was valued at US$ 3547.5 million in 2019 and it is expected to reach US$ 5358.3 million by the end of 2026, growing at a CAGR of 6.0% during 2021-2026.
Global 5-Axis CNC Machining Centers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global 5-Axis CNC Machining Centers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Vertical 5-axis CNC Machining Centers
Horizontal 5-axis CNC Machining Centers
The 5-Axis CNC machining centers is classified into vertical 5‑axis and horizontal 5‑axis and other according to the product type. As of 2018, vertical 5‑axis CNC machining centers segment dominates the market contributing more than 70% of the total market share, reach to 2403.78 million US$.
Segment by Application
Aerospace & Defense
Automotive
Medical
Other
In 2018, demand for aerospace & defense occupied the largest market, with 48% share, and will keep growing in the near future.
By Company
DMG Mori Seiki
Yamazaki Mazak
Makino
Okuma Corporation
Haas Automation
DMTG
JTEKT Corporation
Doosan Infracore
HERMLE
Hurco
SMTCL
MHI
Hardinge Group
Hyundai WIA
Jyoti CNC Automation
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The revenue of top ten manufacturers accounts about 58% of the total revenue market share in 2018. The high-end products mainly come from Japan, Europe and North America.
Market Analysis and Insights: Global 5-Axis CNC Machining Centers Market
The global 5-Axis CNC Machining Centers market was valued at US$ 3547.5 million in 2019 and it is expected to reach US$ 5358.3 million by the end of 2026, growing at a CAGR of 6.0% during 2021-2026.
Global 5-Axis CNC Machining Centers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global 5-Axis CNC Machining Centers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Vertical 5-axis CNC Machining Centers
Horizontal 5-axis CNC Machining Centers
The 5-Axis CNC machining centers is classified into vertical 5‑axis and horizontal 5‑axis and other according to the product type. As of 2018, vertical 5‑axis CNC machining centers segment dominates the market contributing more than 70% of the total market share, reach to 2403.78 million US$.
Segment by Application
Aerospace & Defense
Automotive
Medical
Other
In 2018, demand for aerospace & defense occupied the largest market, with 48% share, and will keep growing in the near future.
By Company
DMG Mori Seiki
Yamazaki Mazak
Makino
Okuma Corporation
Haas Automation
DMTG
JTEKT Corporation
Doosan Infracore
HERMLE
Hurco
SMTCL
MHI
Hardinge Group
Hyundai WIA
Jyoti CNC Automation
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
