With the ever-increasing demand for production efficiency, the market for software-driven, or CNC, machining is expected to skyrocket. CNC machines are being paired with automation systems and simulation software to fuel the production rate.
Automation directs the tools to provide greater precision and accuracy relative to manual controls. A program only needs to be created once and can operate an entire factory of CNC machines with minimal human intervention.
The only situations where human intervention is desired are for loading and unloading workpieces, ensure quality control and troubleshooting.
The global market for CNC is being dominated by lathe machines and is expected to hold this position through the forecast period. Estimates show that the value of CNC machines will rise to US$70 billion in 2024.
Lathe machines are set to dominate the market, primarily due to their enormous area of application. Besides lathe machines, CNC mill machines are also predicted to witness substantial growth.
Read more: Integrating CNC machines and automation for smarter manufacturing