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Computerized Numerical Control Machine Tools: Ability to Support Timely Product Delivery Underlines Their Popularity, Says Frost & Sullivan

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Computerized Numerical Control Machine Tools: Ability to Support Timely Product Delivery Underlines Their Popularity, Says Frost & Sullivan PR Newswire LONDON, June 13, 2012 - Buoyant second-hand market threatens however to undermine sales of newer CNC tooling machines LONDON, June 13, 2012 /PRNewswire/ -- The global economic crisis in 2009 severely affected the European computerized numerical control (CNC) machine tools market, with many end users radically reducing their spending. While recovery in Europe was slower than in other regions, the end of 2010 boded well for further market development. New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), Strategic Analysis of the European Computerized Numerical Control (CNC) Machine Tools Market, finds that the market earned revenues of euro 8.6 billion in 2010 and estimates this to reach euro 17.6 billion in 2015. The research covers: CNC metal cutting machine tools and CNC metal forming machine tools. CNC machines enable rapid manufacturing of different types of products. These machines play a vital role in helping companies deliver products to the market on time. "While human beings are more flexible and trainable than machines, a CNC machine can be totally reprogrammed within a few hours to produce a completely different product," notes Frost & Sullivan Senior Research Analyst Katarzyna Owczarczyk.
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Computerized Numerical Control Machine
Tools: Ability to Support Timely Product
Delivery Underlines Their Popularity, Says
Frost & Sullivan
PR Newswire
LONDON, June 13, 2012
- Buoyant second-hand market threatens however to undermine sales
of newer CNC tooling machines
LONDON
,
June 13, 2012
/PRNewswire/ -- The global economic crisis in 2009
severely affected the European computerized numerical control (CNC) machine
tools market, with many end users radically reducing their spending. While
recovery in
Europe
was slower than in other regions, the end of 2010 boded
well for further market development.
New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com),
Strategic Analysis of the European Computerized Numerical Control
(CNC) Machine Tools Market
, finds that the market earned revenues of
euro
8.6 billion
in 2010 and estimates this to reach
euro 17.6 billion
in 2015. The
research covers: CNC metal cutting machine tools and CNC metal forming
machine tools.
CNC machines enable rapid manufacturing of different types of products.
These machines play a vital role in helping companies deliver products to the
market on time.
"While human beings are more flexible and trainable than machines, a CNC
machine can be totally reprogrammed within a few hours to produce a
completely different product," notes Frost & Sullivan Senior Research Analyst
Katarzyna Owczarczyk. "This can be done very quickly, so it is possible to have
a different product within the shortest time possible and with the same
accuracy."
Moreover, once a programme is verified and executed for single production
run, it can be used repeatedly, whenever required. It is possible to refer back to
archived programmes or install new ones, when a different work piece is
needed.
CNC machine tools also enable faster change-over. They can be setup and
operated with great ease.
"This confers CNC machines with a significant advantage over other machines;
they can quickly shift to producing a completely different product without the
installation of many new parts or a major overhaul of key components,"
remarks Owczarczyk. "Products can be manufactured in a short time, obviating
the need to maintain a large inventory."
These features are in synch with current Just-In-Time requirements for product
manufacturing and ensure that CNC machines can keep pace with rapidly
changing customer demand.
While these are the positives, a key challenge for manufacturers has been the
emergence of a second-hand CNC machine tools market. As a result of the
continual replacement of existing equipment with new, improved products, old