Market segmentation analysis for a CNC manufacturer — Case Study

 



With the advent of modern manufacturing techniques such as CNC milling, etc., industrial applications have been pushed to the forefront of modern innovation.

CNC milling machines are often used in various manufacturing industries such as — the aerospace sector, shipping, automotive, oil drilling/pumping & refining, healthcare, FMCG, as well as among various precision engineering sectors.

Key highlights of the Global CNC milling machine market are:

1. The automotive and electrical & electronics industries were major end-users of CNC milling machines, accounting for over 60% of its total market share in 2020.

2. Due to imposed lockdowns, several automotive manufacturers were forced to halt operations at their respective production facilities, which in turn resulted in the decline of CNC machine utilization.

3. The markets in the APAC and North American regions are expected to register a greater level of traction with respect to the demand for machine tools.

4. The 3-axis-type CNC milling machine is the most popular machine that is generally used for specific applications, and this sub-segment accounted for a majority revenue share of the global CNC milling machine industry.

5. However, 5-axis and 6-axis CNC milling machines are expected to register the highest CAGR over the next decade.

These, among many actionable insights generated by Data Feature enabled our CNC manufacturing client to revamp existing business strategies in order to achieve a comprehensive marketing plan that ensured optimal economic success.

Learn more here👇

https://datafeature.com/case-studies/detailed-market-segmentation-for-leading-cnc-manufacturer

Watch out our video

https://vimeo.com/630677711



Comments

Post a Comment

Popular posts from this blog

Get Customized Data and Market Insights with Data Feature

Image
Introduction to Data Feature Data Feature is an ascendant market research organization that possesses an exhaustive resource bank, comprising crucial data pertaining to numerous industries, sectors, and businesses, whether niche or otherwise. Owing to the volatile nature of business in respective markets, organizations are on the constant lookout for strategies that are based on facts and proven analytics. Enter  Data Feature . Our mission has been to offer comprehensive services that shed a light on the intricacies of current and future-based industry insights that are achieved through the seamless confluence of innovative tools and skilled market analysis specialists. With the help of our exhaustive insights, Data Feature will enable your business to achieve a business trajectory that you may not have believed were possible, until now. Upon subscribing to our services, our exclusive clientele will gain access to a vast yet detailed repository of syndicated market research reports, co
Read more

How Data Feature provides Market-oriented solutions: Case Study

Image
Data Feature’s client-first approach is centred around the provision of assistance that aid in establishing our clientele as dependable business sources. We assisted many of our clients positively in complementing their respective brand image, and this, in turn, improved their financial gains. Our client, a transformer manufacturing firm, wanted our insights to identify market opportunities in the Metallurgy and Petrochemicals market. With the help of our analysts, a series of problems were defined and solved. This, in turn, helped the client to identify key pain points and establish a robust Go-to-Market strategy. Read the full Case Study here: Market Segmentation Analysis for a Company Manufacturing Transformers This extensive research helped the client in precisely mapping the market in terms of competition and identifying the… bit.ly Ar e  you looking to experience a smarter way of doing business? Register here for a quick FREE DEMO. https://datafeature.com/register
Read more