The forecast for the CNC machining industry is looking bright. The sector is expected to grow at a compound annual growth rate (CAGR) of 5% from 2022 to 2032 — meaning it will increase from $95 billion to $154 billion by 2032. With these numbers in mind, it’s important to stay ahead of the curve and keep up with the trends shaping CNC machining.
How is CNC machining evolving, and what can you do to get ahead of the competition? For starters, there are various new machines that can increase precision, streamline workflows and help you finish projects faster. Explore the latest CNC machining technology advancements and what’s to come in this guide.
The CNC manufacturing industry continues to evolve, resulting in more product variants, lead time requirements, changes in demand, cost pressures and evolving technology. These factors have created a need for increased flexibility and efficiency to improve production resilience.
To keep up with the complexity of new industry trends, manufacturers require more than simply investing in advanced innovations in CNC machining. The biggest trends shaping CNC machining today include:
CNC machining has revolutionized the manufacturing industry, and its continued evolution has led to significant improvements with each challenge it encounters. Trends in CNC manufacturing affect the sector on many levels, including shop floors, individual manufacturing companies and the entire industry as a whole.
Competitive opportunities have grown considerably as consumers demand improved product features, selection, quality and more. This competition increases the need for high-mix, low-volume production, which requires more advanced technology to keep profitability high.
The industry also requires more automated machines and tasks. In fact, just using 30% more automation by 2030 would result in an estimated 5.3% boost in the global GDP for that year. Automation can be beneficial in many ways, like contributing to sustainability efforts by ensuring more timely production, higher resource efficiency and less waste.
There are many trends that will impact individual manufacturing operations. These include an increased need for customization, various quality and traceability requirements, constant changes in demand, and factories becoming more interconnected.
As a result of these factors, companies will have to find new ways to drive profitability and efficiently use capital. Improving data sharing and transparency will also be important, with more businesses adopting manufacturing operations management software to enhance efficiency and flexibility.
At the shop floor level, CNC machining technology advancements have greatly improved, allowing for better production control with the right process and data system integration. Multi-purpose tools allow machining processes to be completed with just one machine and less clamping, while automation helps reduce production bottlenecks.
With more process and device integration, automation systems can shorten lead times, increase unmanned hours and ensure more stable workflows.
Now that we’ve seen how trends in CNC machining affect certain parts of the industry, let’s talk about the overall forecast and how the latest trends will continue to positively affect the industry.
As consumer demands change and the industry grows, the milling world is starting to evolve, and the future of precision manufacturing is only improving. CNC machining technology advancements are helping manufacturing companies produce higher-quality results and improve workflow efficiency. Machines of the past were not always able to overcome specific challenges. Today, products created using advanced CNC machining processes provide greater quality, reliability and consistency.
Previously, manufacturing companies only needed automation for high-volume CNC machining projects. In recent years, automation has evolved and become valuable for meeting various requirements. One use case is low-volume work that demands heavy lifting and repetitive actions. While manually carrying out these tasks may be strenuous, automated processes allow you to work at a faster pace and with greater flexibility.
And automation is only continuing to grow. Looking ahead, CNC machines will be able to handle even more complex processes, and operate with greater production speed and efficiency. More and more companies today are considering automation to be a wise investment and a cost-effective option for developing high-quality parts now and in the future.
The reduced size of CNC milling machines is another beneficial trend in CNC machining. With the help of technology innovations, CNC mills have become smaller and more compact, encouraging more manufacturers to purchase them and leverage their advantages.
The smaller size also makes it easier for manufacturing companies to store the machines and save space on the shop floor. Over time, CNC mills will likely become even more compact and offer greater customizability options.
Overall, the cost of CNC mills has reduced, allowing more manufacturers to invest in these machines and complete more complex production processes on-site rather than outsourcing.
A lower price point also helps create more work opportunities for manufacturers. Despite the belief that these machines will replace workers, CNC machines actually create more job opportunities for employees. While the machine takes over tasks such as cutting and drilling, workers need to oversee and maintain the machine, test its quality and be there to complete troubleshooting.
Are you ready to keep up with the trends and reap the benefits of improved CNC machining? You need proper planning, tools and a partner to help you get there. American Micro Industries has been creating made-to-order parts and components since 1995. We offer experience serving a wide variety of industries, ranging from aerospace and military to electronics and medical. Our team specializes in CNC machining, plastic machining, die and laser cutting and so much more.
At American Micro Industries, we stand behind our products and prioritize exceptional customer service and fast turnaround times. Our team brings an industry-leading attention to detail to every project, striving for high-quality, on-time deliveries every time. As a one-stop shop for hard-to-find replacement or new custom parts, our capabilities are nearly endless — if it’s within the scope of what we can do, we’ll do whatever it takes to ensure you’re completely satisfied.