Key vendors to focus on product innovation to gain market shares.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global CNC vertical machining centers market in their latest research report. This report also lists eight other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for CNC vertical machining centers is characterized by the presence of a mix of both, regional and global vendors and is moderately concentrated in nature. Vendors in the market space are currently making investments in the development of technology to develop innovative, energy-efficient, and advanced CNC solutions that can be used in end-user industries. Manufacturers are increasingly implementing IIoT in their factories to achieve a competitive edge in the market.
According to Bharath Kanniappan, a lead analyst at Technavio for research on automation, “Among the geographical regions, the APAC market promises a high growth, where vendors are expected to diversify in terms of their global presence. During the forecast period, technology innovations and R&D initiatives in the market space are projected to result in the development of improved products.”
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Top five vendors in the CNC vertical machining centers market space
Haas Automation
Haas Automation is a leading manufacturer of CNC machines that delivers standard features, high-tech innovations, and solid engineering products at a competitive price. High-quality Haas machines are configured to ensure simple maintenance and low-cost operation.
Key products: 40 taper standard, 50 taper standard, Super speed, Mold machine, Drill/tap/mill center, 5-axis VMC, Mini mill, Tool room mill, Compact mill, and Router.
HURCO
HURCO is a leading player in CNC machine tool technology for the last 45 years with 80 patents. It manufactures reliable CNC machine tools with the most precise control through advanced programming.
Key products: Swivel head 5-axis CNC machine, Trunnion style 5-axis CNC machine, High speed, High performance, General purpose, and Double column.
MAKINO
MAKINO is a global leader in metal-cutting and manufacturing technology, with highly reliable and industry-specific horizontal machining centers and vertical machining centers. It also has diversified its products in the area of wire EDM, Ram EDM, and graphite machining centers.
Key products: D-series, F-series, V-series, iQ-series, GF-series, L2-series, and PS-series.
OKUMA
OKUMA is a prominent manufacturer of CNC machine tools worldwide that delivers innovative solutions. Its 5-axis CNC horizontal machining centers deliver high-speed operations with increased level of accuracy.
Key products: GENOS M Series, MB-V Series, MF-V Series, MA-V Series, MILLAC-V Series, and MU-V Series.
SMTCL Americas
SMTCL Americas is a leading manufacturer of machine tools. The company makes milling, boring, turning, and drilling machines for a wide range of industries, including automotive, aerospace, defense, medical, energy, construction, and consumer goods.
Key products: VMC850B, VMC850E, VMC1000B, VMC1100E, VMC1300B, VMC1300B-50T, VMC2100B, and VMC2100B-50T.
A more detailed analysis is available in the Technavio report, Global CNC Vertical Machining Centers Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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