Global NC in the Industrial Machinery Sector 2016-2020

(MoneyNewsWire.Net, January 06, 2016 ) Global NC in the Industrial Machinery Sector 2016-2020 Size and Share Published in 2015-12-23 Available for US$ 2500 at Researchmoz.us

Description
Technavios market research analyst predicts the global numerical control (NC) market in the industrial machinery sector to grow at a CAGR of around 7% during the forecast period. The need to improve the accuracy of products is driving the growth of this market. NC software is being widely adopted by engineers in various industries, to improve the efficiency and accuracy of products, in the design and manufacturing phase. Each will have the same set of dimensions and specifications once it is produced using NC.

Download Sample of this Report at: http://www.researchmoz.us/enquiry.php?type=S&repid=499695

However, the need for continuous support and maintenance is anticipated to deter the market growth during the forecast period. Some of the vendors in this market are not able to meet the customers expectation regarding continuous maintenance and support, thereby leading to customer dissatisfaction. This is expected to delay the adoption of NC software during the forecast period.

Geographical segmentation of the NC market in industrial machinery sector
Americas
APAC
EMEA
APAC accounted for nearly 40% of the market share during 2015. The increased growth of the automotive and industrial sectors in this region has led to an increase in the demand for industrial machinery and machine tools. China, Japan, South Korea, and India are the major revenue contributors in the APAC region. The report predicts the market in this region to reach a market value of around USD 243 million by the end of 2020.

Competitive landscape and key vendors
The global NC market in the industrial machinery sector is fragmented due to the presence of a vast number of suppliers. Many vendors have started to enhance their market potential through various innovative strategies and M&A.

The leading vendors in the market are -
Autodesk
Dassault
Hexagon AB
Siemens
3D Systems
The other prominent vendors of the market include Missler Software and NTT Data.

Key questions answered in the report
What will the market size and the growth rate be in 2019?
What are the key factors driving the NC market in the industrial machinery sector?
What are the key market trends impacting the growth of the NC market in the industrial machinery sector?
What are the challenges to market growth?
Who are the key vendors in the NC market in the industrial machinery sector?
What are the market opportunities and threats faced by the vendors in the NC market in the industrial machinery sector?
Trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the NC market in the industrial machinery sector?
Technavio also offers customization on reports based on specific client requirement.

Related reports
Global CFD market in the Industrial Machinery Sector 2015-2019
Global DM Market in the Industrial Machinery Sector 2015-2019
Global cPDM Market in the Fabrication and Assembly Industry 2015-2019

Make an Enquiry: http://www.researchmoz.us/enquiry.php?type=E&repid=499695

Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PLM overview
Role of PLM in product development process
NC software

Browse All ICT Market Research Reports at http://www.researchmoz.us/ict-market-reports-96.html

About ResearchMoz
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives.

Contact Us:
ResearchMoz
Mr. Nachiket Ghumare, +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
sales@researchmoz.us <||>rnhttp://www.researchmoz.us/

Researchmoz Global Pvt.Ltd

Researchmoz

+1-518-621-2074

sales@researchmoz.us

Source: EmailWire.Com