NEW YORK, Nov. 5, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global computer numerical control solutions market size is estimated to grow by USD 9.24 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.9% during the forecast period. Increased use of servo-based systems in industries is driving market growth, with a trend towards application of artificial intelligence and system integration in CNC solutions. However, growing second-hand machine sector poses a challenge.Key market players include Delta Electronics Inc., DMG MORI Co. Ltd., FANUC Corp., Haas Automation Inc., HEIDENHAIN, Hurco Companies Inc., KEBA Group AG, Makino Milling Machine Co. Ltd., Micromatic Machine Tools Pvt. Ltd., Minitech Machinery Corp., Mitsubishi Electric Corp., MONDRAGON Corp., NUM AG, Okuma Corp, Robert Bosch GmbH, Rockwell Automation Inc., Sandvik AB, SIEB and MEYER AG, Siemens AG, and Yaskawa Electric Corp..

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Market Driver

Modern Computer Numerical Control (CNC) systems incorporate advanced software for functions such as position, velocity, and acceleration control. Artificial Intelligence (AI) is a key component of these systems, enabling machines to make decisions autonomously, based on data from sensors and measurement equipment. The ability of computers to collect, process, and analyze vast amounts of data has become essential in manufacturing. CNC systems can utilize this data for predictive maintenance, process optimization, and tool selection. Siemens AG’s expansion of its Sinumerik One platform with the new NCU 1740 and PPU 1740, enabling robotic applications, underscores the growing importance of AI in CNC solutions. This development is expected to fuel market growth during the forecast period.

The Computer Numerical Control (CNC) solutions market is experiencing significant growth, driven by trends in 3D and 2D Cams, automated control, and advanced software capabilities. Microcomputers have replaced old hardware, leading to increased precision in machining complex parts for industries like aerospace and defense, automobile, and healthcare. CNC solutions are being integrated with Additive Manufacturing, Machine Learning (ML), and Big Data Solutions to optimize production. Key machinery types include Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, and Welding Machines. Automated manufacturing, including winding machines, is a major trend. Precise machining is crucial for industries requiring high-quality components. Numerical data input, cutting tools, and real-time monitoring are essential features. CNC solutions are transforming industries through Industry 4.0, IoT, and Cybersecurity. Skilled operators are still needed, but AI and advanced software capabilities are enhancing productivity. Energy consumption is a concern, and CNC providers are focusing on energy-efficient solutions. CAD integration and automation are also important. 

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 Market Challenges

• The second-hand machine sector is experiencing significant growth and poses a challenge to the global computer numerical control solutions market. Due to high labor costs and strict pollution laws, several manufacturing industries in the US and Europe have closed, leading to an increased availability of used CNC machines. Asian countries, particularly China, India, Taiwan, Hong Kong, and Vietnam, have become popular destinations for manufacturing activities due to their low labor costs and skilled workforce. These nations are actively purchasing refurbished European automated machinery at lower prices to reduce production costs. Small manufacturers find it challenging to afford new European machines due to market fluctuations. Once reconditioned, these second-hand machines perform as effectively as new ones, making them an attractive alternative for many manufacturers. The expansion of the second-hand machine sector may result in decreased demand for new CNC solutions, negatively impacting the growth of the global market during the forecast period.• The Computer Numerical Control (CNC) solutions market is experiencing significant growth due to the increasing demand for automated manufacturing and precise machining in various industries. CNC milling machines and lathe machines are essential tools for industries like aerospace, electronics, and medical, requiring high precision and consistency. Numerical data input and advanced software capabilities enable real-time monitoring, automation, and data-driven optimizations. Challenges include the semiconductor shortage, cybersecurity, and the need for skilled operators. The integration of artificial intelligence (AI), Industry 4.0, Internet of Things (IoT), and advanced tooling options is crucial for enhancing productivity and adaptive machining. The market also caters to industries like automotive, telecom communication devices, and renewable energy, with multi-axis capabilities, spindle speeds, and real-time monitoring systems. Used CNC machines and simulation software offer cost-effective solutions for smaller businesses. Emerging trends include electric vehicles (EV), medical devices, and turbines, with five-axis mill machines, ultra-precision machines, and automated CNC systems leading the way. Virtual reality and industrial robots are also transforming the CNC landscape, offering new opportunities for innovation. Cloud computing and CNC systems are revolutionizing industries like wind farms, with 6-axis machining and real-time monitoring systems ensuring optimal performance. Overall, the CNC solutions market is a dynamic and evolving landscape, driven by the need for precision, productivity, and innovation.

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Segment Overview 

This computer numerical control solutions market report extensively covers market segmentation by 

Solution 1.1 Servo drives1.2 Servo motors1.3 ControllersEnd-user 2.1 Automotive2.2 Aerospace2.3 Industrial machinery2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Servo drives- Servo drives play a crucial role in enhancing the efficiency and productivity of Computer Numerical Control (CNC) systems. By receiving input from the control system and transmitting output through servo motors, these drives enable smooth motion of machine parts to execute desired tasks. Energy efficiency is a significant advantage, as servo drives decrease overall energy consumption in CNC machines. The global market for computer numerical control solutions is driven by the increasing demand for servo drive replacements in various industries. Technological advancements, such as multi-axis servo drives, offer direct side-mounting in CNC systems, making them a preferred choice over single-axis systems. This shift towards multi-axis drive systems is expected to boost the adoption of servo drives in the computer numerical control solutions market during the forecast period.

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Research Analysis

The Computer Numerical Control (CNC) solutions market encompasses automated manufacturing systems that utilize precise machining techniques with the help of CNC lathes and milling machines. These advanced technologies enable the numerical data input to control cutting tools for producing high-precision parts with consistency and productivity. The market caters to various industries, including medical, aerospace, and electronics, where precision and advanced capabilities are essential. CNC solutions offer multi-axis capabilities, spindle speeds, and advanced tooling options, enabling the production of complex parts. Real-time monitoring systems ensure optimal performance, while artificial intelligence and advanced software capabilities enhance automation and efficiency. Virtual reality and operators’ control further streamline the manufacturing process. Three-dimensional (3D) and two-dimensional (2D) Cams enable the creation of intricate designs. Automated control, microcomputers, and energy consumption are other critical aspects of the CNC solutions market.

Market Research Overview

The Computer Numerical Control (CNC) solutions market encompasses automated manufacturing systems that utilize precise machining through the use of numerical data input. These solutions include milling machines, cutting tools, and advanced software capabilities for real-time monitoring, Industry 4.0, and the Internet of Things (IoT). CNC systems offer multi-axis capabilities, spindle speeds, and advanced tooling options for industries such as aerospace, electronics, medical, and automotive. Precision, consistency, and productivity are key benefits, with automation and artificial intelligence (AI) enabling adaptive machining and data-driven optimizations. The market also faces challenges like semiconductor shortages, the rise of used CNC machines, and cybersecurity concerns. Emerging trends include electric vehicles (EV), medical devices, telecom communication devices, and the integration of simulation software, cloud computing, and industrial robots. CNC systems are essential for manufacturing complex parts in various industries, from CAD and additive manufacturing to turbines, wind farms, and six-axis machining. Machine learning (ML) and big data solutions are also transforming the market, enabling virtual reality, operators control, and three-dimensional (3D) and two-dimensional (2D) cams for automated control. Energy consumption remains a concern, with microcomputers and advanced software optimizing processes to reduce waste and improve efficiency.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

SolutionServo DrivesServo MotorsControllersEnd-userAutomotiveAerospaceIndustrial MachineryOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Savvie is a game changing new application that can help Canadian families make smarter choices in the grocery store.

CALGARY, AB, Nov. 5, 2024 /PRNewswire-PRWeb/ — Savvie (pronounced sah-vee), is an exciting new mobile app geared at helping families save on their grocery costs. The app is now available for free in Canada and it’s compatible with both iOS and Android devices. With grocery prices rising, families are looking for ways to help rein in their spending and Savvie can help.

According to Statistics Canada data average food prices are up by 22.5% compared to May 2022. Unfortunately, grocery prices are unlikely to start dropping anytime soon and almost everyone is feeling the financial crush.

https://www.ctvnews.ca/business/canadians-feel-the-pinch-at-grocery-store-as-food-inflation-ticks-higher-for-first-time-in-nearly-a-year-1.6940172

This innovative app allows users to compare food prices across multiple grocery stores. They can also receive personalized discounts and deal recommendations powered by machine learning. Just imagine not having to struggle to create a grocery list that doesn’t blow your already tight budget!

With grocery prices showing no signs of coming down in the near future, Canadians are feeling the pinch every time they go through the checkout line. Shoppers are constantly searching for ways to stretch their budgets just a little further. Savvie’s user-friendly platform, along with its extensive database, is helping consumers take back control of their grocery costs and make more informed shopping choices.

Even though the grocery app market is crowded with options Savvie sets itself apart. You can take advantage of an impressive suite of features all focused on helping you find savings with ease:

Price Comparison: Users can easily compare grocery prices from different retailers helping consumers find the best deals without opening multiple apps or visiting physical stores.Personalized Deals: Using machine learning, Savvie can customize deal recommendations based on each user’s shopping habits. This way, consumers can take advantage of deals on items they plan on purchasing.Intuitive Grocery List Maker: A user-friendly list-making feature simplifies shopping making it easier for consumers to stay on budget while also helping to keep grocery lists neat and organized.Comprehensive Data: Savvie provides users with information on everything from weekly deals and daily prices to whether or not the item is actually in stock at the grocery store. This time-saving feature eliminates the need to manually enter information. The app takes care of this time-consuming step.

Savvie is free to download and the app is compatible with Android and iOS devices. Desktop users can also take advantage of Savvie’s features by using the web app. Canadians can start saving on their grocery bill today and simplify their grocery shopping experience.

With its mobile launch underway in Canada Savvie is working to give households the necessary tools to improve grocery budgeting during these challenging economic times.

Stay tuned to be the first to learn about upcoming features and updates!

For more information visit https://buysavvie.com

About Savvie International Corp.

Savvie International Corp., headquartered in Calgary, Canada, is emerging as a leader in the grocery savings app industry. Following the successful beta launch of its web app in Q4 2023, the mobile app is now available to Canadian consumers, with plans for expansion into the U.S. market in Q1 2025.

Media Contact

Roman Cintula, Savvie International Corp., 1 4039125737, info@buysavvie.com, https://buysavvie.com

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SOURCE Savvie International Corp.

CHARLESTON, S.C. and FORT WAYNE, Ind., Nov. 5, 2024 /PRNewswire/ — INdigital, a national leader in next-generation 9-1-1 (NG911) core services, proudly announces the successful completion of a historic, cross-jurisdictional 9-1-1 call rerouting test between Charleston County, South Carolina, and Collier County, Florida. This milestone marks the first time live 9-1-1 calls have been seamlessly rerouted across state lines and between two distinct Emergency Services Internet Protocol networks (ESInets) — a groundbreaking achievement demonstrating the power of interoperability and collaboration in enhancing emergency response capabilities.

In the test, six live 9-1-1 calls originating from Collier County, FL, were instantly rerouted to Charleston County’s Public Safety Telecommunicators, who processed the calls and electronically transmitted the essential call information back to Collier County to dispatch emergency responders. The transfer was completed without delay or information loss, demonstrating how emergency response centers can support one another in real-time, even during large-scale emergencies like natural disasters or mass casualty events.

This test, facilitated by INdigital and technology partners Motorola, RapidDeploy, and ReadyOP, exemplifies a major step forward in public safety technology. By demonstrating how NG911 technology enables seamless communication across jurisdictions and ESInets, this effort underscores the importance of interoperability in strengthening public safety infrastructure.

During the test, Eric Hartman, Vice President of INdigital, was on site in Charleston. “This collaboration and successful rerouting of live 9-1-1 calls represent a milestone in public safety. It is an honor to help make this kind of interoperability a reality, ensuring that we can respond quickly and effectively no matter where or when an emergency call is placed,” said Hartman. “Our work with Charleston and Collier Counties, alongside Motorola, RapidDeploy, and ReadyOP, demonstrates that with the right technology and teamwork, emergency services can be delivered seamlessly across state lines.”

Charleston County Consolidated Emergency Communications Center Director Jim Lake added, “The successful rerouting of these emergency calls exemplifies our shared commitment to public safety and the power of collaboration. Our partnership with INdigital, Motorola, RapidDeploy, and ReadyOP has enabled us to explore new frontiers in emergency response capabilities and continue to ensure that help is always just a call away.”

This test marks a significant advancement in NG911 technology, showcasing the ability of diverse platforms to work together in unprecedented ways. INdigital and its partners remain committed to pushing the boundaries of emergency communications, ensuring that in times of need, no call goes unanswered. To learn more visit INdigital.net

About INdigital
INdigital is a pioneer in next-generation 9-1-1 solutions, providing reliable, resilient call routing and management solutions to Public Safety Answering Points (PSAPs) across the United States. With a focus on innovation and interoperability, INdigital is dedicated to delivering mission-critical technology that empowers emergency responders and supports communities nationwide.

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SOURCE INdigital