CNC Solutions Market to Grow by USD 9.24 Billion from 2024-2028, Driven by Increased Use of Servo-Based Systems and AI’s Impact on Market Trends – Technavio | PR Newswire [Video]

NEW YORK, Nov. 5, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global computer numerical control solutions market size is estimated to grow by USD 9.24 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.9% during the forecast period. Increased use of servo-based systems in industries is driving market growth, with a trend towards application of artificial intelligence and system integration in CNC solutions. However, growing second-hand machine sector poses a challenge.Key market players include Delta Electronics Inc., DMG MORI Co. Ltd., FANUC Corp., Haas Automation Inc., HEIDENHAIN, Hurco Companies Inc., KEBA Group AG, Makino Milling Machine Co. Ltd., Micromatic Machine Tools Pvt. Ltd., Minitech Machinery Corp., Mitsubishi Electric Corp., MONDRAGON Corp., NUM AG, Okuma Corp, Robert Bosch GmbH, Rockwell Automation Inc., Sandvik AB, SIEB and MEYER AG, Siemens AG, and Yaskawa Electric Corp..

Key insights into market evolution with …