Computer numeric control (CNC) machining centers are based on the principle of using computer-based machine tools for various industrial machinery, such as lathes,grinders, mills, and routers. CNC machining centers are equipped with automatic tool changers and a table to hold the product firmly in place during the process.Vertical machining centers are used in high precision work and widely adopted in the automotive and aerospace industries. These centers are gaining popularity across a broad range of industries due to their low cost. Vertical machining centers are seeing tremendous improvement in terms of performance in the last few years due to continuous advances in technologies. These factors will drive the demand for vertical CNC machining centers during the forecast period.

PART 01: Executive summary 6
PART 02: Scope of the report 19
PART 03: Research methodology 24
PART 04: Introduction 27
Key market highlights 27
PART 05: Market landscape 29
Market overview 29
Market size and forecast 31
Five forces analysis 33
PART 06: Market segmentation by product 34
Global CNC vertical machining centers market by
product 34
Global less than 5-axis CNC vertical machining centers
market 35
Global 5-axis or more CNC vertical machining centers
market 36
PART 07: Market segmentation by end-user 39
Global CNC vertical machining centers market by enduser
39
Global CNC vertical machining centers market in
automotive industry 40
Global CNC vertical machining centers market in
aerospace industry 43
Global CNC vertical machining centers market in metal
fabrication industry 44
Global CNC vertical machining centers market in
others 45
PART 08: Geographical segmentation 47
Global CNC vertical machining centers market by
geography 47
CNC vertical machining centers market in APAC 48
CNC vertical machining centers market in EMEA 50
CNC vertical machining centers market in Americas 52
PART 09: Decision framework 55
PART 10: Drivers and challenges 57
Market drivers 58
Impact of drivers on key customer segments 61
Market challenges 62
Impact of challenges on key customer segments 64
PART 11: Market trends 65
Emerging demand for 3+2 CNC vertical machining
centers 65
Reduction in changeover time 65
Cloud-based CNC systems 66
Advances in controller design 66
PART 12: Vendor landscape 67
Competitive landscape 67
Other prominent vendors 68
PART 13: Key vendor analysis 69
Haas Automation 69
HURCO 71
MAKINO 72
OKUMA 74
SMTCL Americas 75
PART 14: Appendix 78
List of abbreviations 78
PART 15: Explore Technavio 79