CNC Turning Machines Market ,2019-2025 by Segmentation Based on Product, Application and Region

CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools. Tools that can be controlled in this manner includelathes, mills, routers and grinders.The CNC Turning Machines market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for CNC Turning Machines. This report presents the worldwide CNC Turning Machines market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. The following manufacturers are covered in this report: Chong Fong Engineering Pte Ltd(China) TONTEC(China) Qinchuan(China) DMTG(China) HDCNC(China) Shandong FIN(China) Yuhuan CNC(China) HOMAG(Germany) DMG MORI(Germany) Trumpf Group(...

Protolabs celebrates 20th anniversary, inaugurates 12th global manufacturing plant

Leading digital manufacturing company Protolabs celebrated its 20th anniversary yesterday with the inauguration of a new facility in Brooklyn Park, Minnesota. Occupying 215,000 square feet, the new plant speciliazes in providing CNC machining services. It is the company’s 8th factory in U.S. and the 12th in the world, accompanying other sites in Northern, Central and Southern Europe. “We are truly living in an on-demand consumer economy and that’s no different for manufacturing,” said Protolabs President and CEO Vicki Holt. “Our customers are hungry for manufacturing partners that can see their products through ever-shrinking life cycles, and Protolabs is uniquely positioned to serve our customers’ needs from early prototyping to on-demand production.” Protolabs was founded in Minnesota in 1999 by Larry Lukis, former Chairman and CTO of the company. At this time, the company developed an automated workflow to expedite the production in injection molding. Now the company has grown to encompass automated production processes for CNC machining, sheet metal fabrication, and additive manufacturing. As part of this expansion, the company acquired New Hampshire-based quick-turn sheet ...