CNC Metal Cutting Machine Tools Market Research Report - Global Forecast to 2027

CNC Metal Cutting Machine Tools Market: Product Type (Vertical Machine Centers, Horizontal Machine Center and CNC Grinder), By Application (Aerospace and Defense, Shipbuilding, Construction and Automotive) and By Region - Forecast Till 2027

ID: MRFR/IA - E/5735-CR | October 2020 | Region: Global | 167 pages

Impact of COVID-19 on the CNC Metal Cutting Machine Tools Market


The CNC metal cutting machine tools market has been negatively impacted in recent months owing to the lockdowns implemented in most of the countries across the globe. These lockdowns have resulted in halting the manufacturing of CNC metal cutting machine tools temporarily since the pandemic outbreak in December 2019. The lockdowns imposed have also hampered the aerospace & defense, shipbuilding, construction, and automotive industries, which require CNC metal cutting machine tools as the main equipment for the manufacture of various parts and components. Furthermore, the short supply of raw material has also affected the market as the production of these tools has been affected due to the pandemic; however, the demand for these products is expected to stabilize during the coming months as several governments prepare to lift the lockdowns in a phased manner.


The lifting of the lockdowns is likely to restore economic conditions and the demand for various goods and services, which is anticipated to boost the demand for CNC metal cutting machine tools in the coming months. The market is anticipated to grow in the coming years owing to the high demand from the industrial sector and the professional segment and the increasing usage of CNC metal cutting machine tools for manufacturing activities. The growth in the industrial sector is expected to fuel the CNC metal cutting machine tools market. The adoption of CNC metal cutting machine tools across industries in both developed and developing countries is expected to increase, owing to the lack of availability of a skilled workforce and the high costs of labor. The need for CNC metal cutting machine tools is likely to increase with the rising demand from the furniture industry. The key driving factor responsible for the growth of the market is the increasing demand for these tools in the construction and automotive sectors.


Exports of Manufactured Goods in the US (USD Million)


Source: US Census Bureau

Global CNC metal cutting machine tools market is highly dynamic and has a bright prospect for the future. Demand for CNC metal cutting machine tools from end-user industries has increased substantially in recent years. This is primarily owing to the superior characteristic of these tools over traditional metal cutting machines. The market for CNC metal cutting machine tools is projected to record a CAGR of 6.7% during the forecast period (2020-2027).


CNC metal cutting machine tools offer high precision and effectiveness, making them a sought-after industrial equipment. These tools operate on cutting-edge mechanism with computational adequacy. They find a wide range of cutting applications owing to their versatility. These tools function through numeric control by instructions given in the form of a program. With the increased focus on modernizing of manufacturing operations, popularity of CNC metal cutting machine tools has grown further. CNC machines are mostly used in cutting tough metal and plastic sheets with high precision. Some of the other key end-use industries that have embraced these tools include fabrication, automotive, construction, among others.  Industries are striving to achieve economies of scale by reducing downtime, raw material wastage and improving production capacity where manufacturing tools such as cutting machines can be vital.


Rising industrial activities and a rapid growth of end use industries in emerging markets such as China, Mexico, India and Brazil are among the major forces behind the growth of the CNC metal cutting machine tools market. In addition, advances in metal cutting technology is another important factor influencing the market’s growth. The manufacturing sector will continue to present tremendous opportunities to market players over the next several years. Adoption of advanced manufacturing technologies and rise of industry 4.0 are trends that are likely govern the market during the review period. At the same time, shrinking deficiency of skilled labor is supporting a faster adoption of these tools medium and small-scale industries.


Segmental Analysis


Segmental analysis of the global CNC metal cutting machine tools market is conducted on the basis of product type, application and region.


Based on product type, the market has been segmented into vertical machine centers, horizontal machine center and CNC grinder. The vertical machine centers segment is expected to remain highly attractive in 2019 and beyond. The segment is currently valued at over USD 20,000 Mn and will witness a CAGR of 6.43% during the assessment period. Vertical machine centers are extremely versatile and can perform a wide range of cutting task.


Based on application, the market has been segmented into aerospace and defense, shipbuilding, construction and automotive. The automotive segment accounted for the largest market share in 2018 and is likely to retain its dominant position throughout the assessment period. The segment is anticipated to reach a valuation in excess of USD 19,000 Mn by the year 2023, reflecting an above-average CAGR. Cutting applications are high in the automotive sector, making it a highly lucrative segment. In addition, growing emphasis on automation for automotive manufacturing is reflecting favorably on the market.


Regional Outlook  


On the basis of region, the market has been segmented into Europe, North America, Asia Pacific (APAC) and Rest of the World (RoW). The market in Asia Pacific has been growth at a significant pace in recent years. In 2017, the region accounted for little under 46% share of the global market. Countries such as China, Japan, India and South Korea are likely to remain at the forefront of the APAC CNC metal cutting machine tools. By the end of the forecast period, the region’s market is expected to surpass a valuation of USD 27,300 Mn. Economic boom as result of rapid industrialization is typically attributed to the emergence of APAC as major CNC metal cutting machine tools market.


Competition Tracking


Some of the leading companies functioning in the global CNC metal cutting machine tools market are FANUC CORPORATION, DMG MORI CO., LTD, Okuma Corporation, JTEKT CORPORATION, Komatsu Ltd., Hurco Companies, Inc., EMAG GmbH & Co. KG, Haas Automation, Inc., AMADA MACHINE TOOLS CO., LTD., Yamazaki Mazak Corporation, Dalian Machine Tool Group Corporation and Makino Milling Machine Co., Ltd.

1 Market Introduction

1.1 Definition 17

1.2 Scope Of The Study 17

1.3 Market Structure 17

1.4 List Of Assumptions 18

2 Research Methodology

2.1 Research Process 20

2.2 Primary Research 20

2.3 Secondary Research 20

2.4 Market Size Estimation 20

2.5 Forecast Model 21

3 Global CNC Metal Cutting Machine Tools Market, By Product Type

3.1 Overview 23

3.1.1 Vertical Machine Centers 23

3.1.2 Horizontal Machine Centers 23

3.1.3 CNC Grinder 23

4 Global CNC Metal Cutting Machine Tools Market, By Application

4.1 Overview 27

4.1.1 Automotive 27

4.1.2 Aerospace & Defence 27

4.1.3 Shipbuilding 27

4.1.4 Construction 28

4.1.5 Others 28

5 Global CNC Metal Cutting Machine Tools Market, By Region

5.1 Overview 31

5.2 Americas 33

5.2.1 U.S. 37

5.2.2 Canada 40

5.2.3 Mexico 42

5.2.4 Rest Of Americas 45

5.3 Europe 48

5.3.1 Germany 53

5.3.2 U.K 55

5.3.3 Italy 58

5.3.4 Russia 61

5.3.5 Spain 63

5.3.6 France 66

5.3.7 Rest Of Europe 69

5.4 Asia Pacific 72

5.4.1 China 77

5.4.2 Japan 79

5.4.3 South Korea 82

5.4.4 India 85

5.4.5 Southeast Asia 87

5.4.6 Australia 90

5.4.7 Rest Of Asia Pacific 93

5.5 Middle East & Africa 96

5.5.1 Turkey 100

5.5.2 GCC Countries 103

5.5.3 South Africa 105

5.5.4 Israel 108

5.5.5 Egypt 110

6 Market Dynamics

6.1 Introduction 114

6.2 Drivers 114

6.2.1 Growing Demand From Major End-Use Sectors 114

6.2.2 Time-Effectiveness With High Precision And Quality 115

6.2.3 Drivers Impact Analysis 115

6.3 Restraints 116

6.3.1 Lack Of Skilled Labor 116

6.3.2 High Cost Of CNC Machine 116

6.3.3 Restraints Impact Analysis 116

6.4 Opportunity 117

6.4.1 Broader Scope In Emerging Economies 117

7 Market Factor Analysis

7.1 Porter’s Five Forces Analysis 119

7.1.1 Threat Of New Entrants 119

7.1.2 Bargaining Power Of Suppliers 119

7.1.3 Threat Of Substitutes 120

7.1.4 Bargaining Power Of Buyers 120

7.1.5 Segment Rivalry 120

7.2 Supply Chain Analysis 120

8 Marketing Strategy Analysis, Distributors/Traders

8.1 Marketing Channel Of CNC Metal Cutting Machine Tools 123

8.2 Distributors, Traders And Dealers List 123

9 Competitive Landscape

9.1 Competitive Landscape 127

9.1.1 Market Share Analysis 128

9.1.2 Product Benchmarking 128

10 Company Profiles

10.1 FANUC CORPORATION 130

10.1.1 Company Overview 130

10.1.2 Financial Overview 130

10.1.3 Products/Services Offered 131

10.1.4 Key Developments (2020-2027) 131

10.1.5 SWOT Analysis 132

10.1.6 Key Strategy 132

10.2 DMG MORI CO., LTD. 133

10.2.1 Company Overview 133

10.2.2 Financial Overview 133

10.2.3 Products Offered 135

10.2.4 Key Developments (2020-2027) 135

10.2.5 SWOT Analysis 136

10.2.6 Key Strategy 136

10.3 Okuma Corporation 137

10.3.1 Company Overview 137

10.3.2 Financial Overview 137

10.3.3 OKUMA CORPORATION: Total Revenue, 2020-2027 (USD Million) 137

10.3.4 Products Offered 138

10.3.5 Key Developments (2020-2027) 140

10.3.6 SWOT Analysis 140

10.3.7 Key Strategy 140

10.4 JTEKT CORPORATION 141

10.4.1 Company Overview 141

10.4.2 Financial Overview 141

10.4.3 Products Offered 142

10.4.4 Key Developments (2020-2027) 143

10.4.5 SWOT Analysis 143

10.4.6 Key Strategy 143

10.5 Komatsu Ltd. 144

10.5.1 Company Overview 144

10.5.2 Financial Overview 144

10.5.3 Products Offered 145

10.5.4 Key Developments (2020-2027) 146

10.5.5 SWOT Analysis 146

10.5.6 Key Strategy 146

10.6 Hurco Companies, Inc. 147

10.6.1 Company Overview 147

10.6.2 Financial Overview 147

10.6.3 Products Offered 148

10.6.4 Key Developments (2020-2027) 149

10.6.5 SWOT Analysis 149

10.6.6 Key Strategy 149

10.7 EMAG GmbH & Co. KG 150

10.7.1 Company Overview 150

10.7.2 Financial Overview 150

10.7.3 Products Offered 151

10.7.4 Key Developments (2020-2027) 152

10.7.5 SWOT Analysis 152

10.7.6 Key Strategy 152

10.8 Haas Automation, Inc 153

10.8.1 Company Overview 153

10.8.2 Financial Overview 153

10.8.3 Products Offered 153

10.8.4 Key Developments (2020-2027) 154

10.8.5 SWOT Analysis 154

10.8.6 Key Strategy 154

10.9 AMADA MACHINE TOOLS CO., LTD. 155

10.9.1 Company Overview 155

10.9.2 Financial Overview 155

10.9.3 Products Offered 155

10.9.4 Key Developments (2020-2027) 156

10.9.5 SWOT Analysis 156

10.9.6 Key Strategy 156

10.10 Yamazaki Mazak Corporation 157

10.10.1 Company Overview 157

10.10.2 Financial Overview 157

10.10.3 Products Offered 157

10.10.4 Key Developments (2020-2027) 158

10.10.5 SWOT Analysis 159

10.10.6 Key Strategy 159

10.11 Dalian Machine Tool Group Corporation 160

10.11.1 Company Overview 160

10.11.2 Financial Overview 160

10.11.3 Products Offered 160

10.11.4 Key Developments (2020-2027) 160

10.11.5 SWOT Analysis 161

10.11.6 Key Strategy 161

10.12 Makino Milling Machine Co., Ltd. 162

10.12.1 Company Overview 162

10.12.2 Financial Overview 162

10.12.3 Products Offered 163

10.12.4 SWOT Analysis 163

10.12.5 Key Strategy 163

11 Conclusion

12 List Of Tables

TABLE 1 LIST OF ASSUMPTIONS 18

TABLE 2 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 24

TABLE 3 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 24

TABLE 4 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 24

TABLE 5 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 25

TABLE 6 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 28

TABLE 7 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 29

TABLE 8 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 29

TABLE 9 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 29

TABLE 10 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY REGION, 2020-2027 (USD MILLION) 31

TABLE 11 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY REGION, 2020-2027 (USD MILLION) 32

TABLE 12 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY REGION, 2020-2027 (THOUSAND UNITS) 32

TABLE 13 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY REGION, 2020-2027 (THOUSAND UNITS) 32

TABLE 14 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 33

TABLE 15 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 34

TABLE 16 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 34

TABLE 17 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 34

TABLE 18 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 35

TABLE 19 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 35

TABLE 20 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 35

TABLE 21 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 35

TABLE 22 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 36

TABLE 23 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 36

TABLE 24 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 36

TABLE 25 AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 37

TABLE 26 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 37

TABLE 27 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 37

TABLE 28 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 38

TABLE 29 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 38

TABLE 30 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 38

TABLE 31 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 39

TABLE 32 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 39

TABLE 33 U.S. CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 39

TABLE 34 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 40

TABLE 35 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 40

TABLE 36 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 40

TABLE 37 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 41

TABLE 38 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 41

TABLE 39 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 41

TABLE 40 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 42

TABLE 41 CANADA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 42

TABLE 42 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 42

TABLE 43 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 43

TABLE 44 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 43

TABLE 45 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 43

TABLE 46 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 44

TABLE 47 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 44

TABLE 48 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 44

TABLE 49 MEXICO CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 45

TABLE 50 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 45

TABLE 51 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 45

TABLE 52 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 46

TABLE 53 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 46

TABLE 54 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 46

TABLE 55 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 47

TABLE 56 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 47

TABLE 57 REST OF AMERICAS CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 47

TABLE 58 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 48

TABLE 59 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 49

TABLE 60 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 49

TABLE 61 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 50

TABLE 62 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 50

TABLE 63 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 50

TABLE 64 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 51

TABLE 65 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 51

TABLE 66 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 67 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 52

TABLE 68 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 52

TABLE 69 EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 52

TABLE 70 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 53

TABLE 71 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 53

TABLE 72 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 53

TABLE 73 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 54

TABLE 74 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 54

TABLE 75 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 54

TABLE 76 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 55

TABLE 77 GERMANY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 55

TABLE 78 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 55

TABLE 79 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 56

TABLE 80 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 56

TABLE 81 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 56

TABLE 82 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 83 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 84 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 57

TABLE 85 U.K CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 58

TABLE 86 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 58

TABLE 87 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 58

TABLE 88 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 59

TABLE 89 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 59

TABLE 90 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 91 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 60

TABLE 92 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 60

TABLE 93 ITALY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 60

TABLE 94 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 61

TABLE 95 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 61

TABLE 96 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 61

TABLE 97 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 62

TABLE 98 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 99 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 100 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 63

TABLE 101 RUSSIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 63

TABLE 102 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 63

TABLE 103 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 64

TABLE 104 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 64

TABLE 105 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 64

TABLE 106 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 65

TABLE 107 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 65

TABLE 108 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 65

TABLE 109 SPAIN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 66

TABLE 110 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 66

TABLE 111 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 66

TABLE 112 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 67

TABLE 113 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 67

TABLE 114 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 67

TABLE 115 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 68

TABLE 116 FRANCE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 68

TABLE 117 FRANCE: GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 68

TABLE 118 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 69

TABLE 119 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 69

TABLE 120 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 69

TABLE 121 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 70

TABLE 122 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 123 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 124 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS). 71

TABLE 125 REST OF EUROPE CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 71

TABLE 126 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 72

TABLE 127 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 73

TABLE 128 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 73

TABLE 129 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 74

TABLE 130 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 74

TABLE 131 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 74

TABLE 132 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 75

TABLE 133 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 75

TABLE 134 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 75

TABLE 135 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 136 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 76

TABLE 137 ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 76

TABLE 138 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 77

TABLE 139 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 77

TABLE 140 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 77

TABLE 141 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 78

TABLE 142 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 143 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

TABLE 144 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 79

TABLE 145 CHINA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 79

TABLE 146 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 79

TABLE 147 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 80

TABLE 148 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 80

TABLE 149 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 80

TABLE 150 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 81

TABLE 151 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 81

TABLE 152 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 81

TABLE 153 JAPAN CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 82

TABLE 154 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 82

TABLE 155 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 82

TABLE 156 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 83

TABLE 157 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 83

TABLE 158 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 83

TABLE 159 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 84

TABLE 160 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 84

TABLE 161 SOUTH KOREA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 84

TABLE 162 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 85

TABLE 163 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 85

TABLE 164 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 85

TABLE 165 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 86

TABLE 166 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 86

TABLE 167 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 86

TABLE 168 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 87

TABLE 169 INDIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 87

TABLE 170 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 87

TABLE 171 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 88

TABLE 172 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 88

TABLE 173 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 88

TABLE 174 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 89

TABLE 175 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 89

TABLE 176 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 89

TABLE 177 SOUTHEAST ASIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 90

TABLE 178 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 90

TABLE 179 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 90

TABLE 180 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 91

TABLE 181 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 91

TABLE 182 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 91

TABLE 183 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 92

TABLE 184 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 92

TABLE 185 AUSTRALIA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 92

TABLE 186 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 93

TABLE 187 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 93

TABLE 188 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 93

TABLE 189 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 94

TABLE 190 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 94

TABLE 191 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 94

TABLE 192 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 95

TABLE 193 REST OF ASIA PACIFIC CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 95

TABLE 194 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 96

TABLE 195 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 97

TABLE 196 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 97

TABLE 197 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 97

TABLE 198 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 98

TABLE 199 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 98

TABLE 200 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 98

TABLE 201 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 98

TABLE 202 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 98

TABLE 203 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 99

TABLE 204 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 99

TABLE 205 MIDDLE EAST & AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 100

TABLE 206 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 100

TABLE 207 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 100

TABLE 208 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 101

TABLE 209 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 101

TABLE 210 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 101

TABLE 211 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 102

TABLE 212 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 102

TABLE 213 TURKEY CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 102

TABLE 214 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 103

TABLE 215 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 103

TABLE 216 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 103

TABLE 217 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 104

TABLE 218 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 104

TABLE 219 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 104

TABLE 220 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 105

TABLE 221 GCC COUNTRIES CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 105

TABLE 222 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 105

TABLE 223 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 106

TABLE 224 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 106

TABLE 225 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 106

TABLE 226 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 106

TABLE 227 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 107

TABLE 228 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 107

TABLE 229 SOUTH AFRICA CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 107

TABLE 230 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 108

TABLE 231 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 108

TABLE 232 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 108

TABLE 233 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 109

TABLE 234 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 109

TABLE 235 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 109

TABLE 236 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 110

TABLE 237 ISRAEL CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 110

TABLE 238 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 110

TABLE 239 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION) 111

TABLE 240 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 111

TABLE 241 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY PRODUCT TYPE, 2020-2027 (THOUSAND UNITS) 111

TABLE 242 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 111

TABLE 243 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 112

TABLE 244 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 112

TABLE 245 EGYPT CNC METAL CUTTING MACHINE TOOLS MARKET, BY APPLICATION, 2020-2027 (THOUSAND UNITS) 112


13 List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR 21

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 22

FIGURE 3 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY PRODUCT TYPE, 2020 (%) 25

FIGURE 4 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY APPLICATION, 2020 (%) 29

FIGURE 5 GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY COUNTRY, 2020 (IN %) 32

FIGURE 6 AMERICAS: CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY COUNTRY, 2020 (IN %) 34

FIGURE 7 EUROPE: CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY COUNTRY, 2020 (IN %) 49

FIGURE 8 ASIA PACIFIC: CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY COUNTRY, 2020 (IN %) 73

FIGURE 9 MIDDLE EAST & AFRICA: CNC METAL CUTTING MACHINE TOOLS MARKET SHARE, BY COUNTRY, 2020 (IN %) 97

FIGURE 10 DRIVERS, RESTRAINTS, AND OPPORTUNITY OF GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET 115

FIGURE 11 GLOBAL VEHICLE PRODUCTION, UNITS (2020-2027) 116

FIGURE 12 DRIVERS IMPACT ANALYSIS 116

FIGURE 13 RESTRAINTS IMPACT ANALYSIS 117

FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET 120

FIGURE 15 SUPPLY CHAIN ANALYSIS: CNC METAL CUTTING MACHINE TOOLS MARKET 121

FIGURE 16 MARKETING CHANNEL CNC METAL CUTTING MACHINE TOOLS 124

FIGURE 17 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL CNC METAL CUTTING MACHINE TOOLS MARKET, 2014-2020, (%) 128

FIGURE 18 MARKET SHARE OF MAJOR COMPETITORS 129

FIGURE 19 CNC METAL CUTTING MACHINE TOOLS MARKET: PRODUCT BENCHMARKING 129

FIGURE 20 FANUC CORPORATION: TOTAL REVENUE, 2020-2027 (USD MILLION) 131

FIGURE 21 FANUC CORPORATION: REGIONAL REVENUE, 2020 (%) 132

FIGURE 22 FANUC CORPORATION: SWOT ANALYSIS 133

FIGURE 23 DMG MORI CO., LTD.: TOTAL REVENUE, 2020-2027 (USD MILLION) 134

FIGURE 24 DMG MORI CO., LTD.: SEGMENTAL REVENUE, 2020 (%) 135

FIGURE 25 DMG MORI CO., LTD.: REGIONAL REVENUE, 2020 (%) 135

FIGURE 26 DMG MORI CO., LTD.: SWOT ANALYSIS 137

FIGURE 27 OKUMA CORPORATION: SEGMENTAL REVENUE, 2020 (%) 139

FIGURE 28 OKUMA CORPORATION: REGIONAL REVENUE, 2020 (%) 139

FIGURE 29 OKUMA CORPORATION: SWOT ANALYSIS 141

FIGURE 30 JTEKT CORPORATION: TOTAL REVENUE, 2020-2027 (USD MILLION) 142

FIGURE 31 JTEKT CORPORATION: SEGMENTAL REVENUE, 2020 (%) 143

FIGURE 32 JTEKT CORPORATION: REGIONAL REVENUE, 2020 (%) 143

FIGURE 33 JTEKT CORPORATION: SWOT ANALYSIS 144

FIGURE 34 KOMATSU LTD.: TOTAL REVENUE, 2020-2027 (USD MILLION) 145

FIGURE 35 KOMATSU LTD.: SEGMENTAL REVENUE, 2020 (%) 146

FIGURE 36 KOMATSU LTD.: REGIONAL REVENUE, 2020 (%) 146

FIGURE 37 KOMATSU LTD.: SWOT ANALYSIS 147

FIGURE 38 HURCO COMPANIES, INC.: TOTAL REVENUE, 2020-2027 (USD MILLION) 148

FIGURE 39 HURCO COMPANIES, INC.: REGIONAL REVENUE, 2020 (%) 149

FIGURE 40 HURCO COMPANIES, INC.: SWOT ANALYSIS 150

FIGURE 41 EMAG GMBH & CO. KG : SWOT ANALYSIS 153

FIGURE 42 HAAS AUTOMATION, INC.: SWOT ANALYSIS 155

FIGURE 43 AMADA MACHINE TOOLS CO., LTD.: SWOT ANALYSIS 157

FIGURE 44 YAMAZAKI MAZAK CORPORATION: SWOT ANALYSIS 160

FIGURE 45 DALIAN MACHINE TOOL GROUP CORPORATION: SWOT ANALYSIS 162

FIGURE 46 MAKINO MILLING MACHINE CO., LTD.: REGIONAL REVENUE, 2020 (%) 163

Global CNC Metal Cutting Machine Tools Market- Competitive Landscape


Market Research Future includes following key players for global CNC Metal Cutting Machine Tools market research study: FANUC CORPORATION (Japan), DMG MORI CO., LTD. (Japan), Okuma Corporation (Japan), JTEKT Corporation (Japan), Komatsu Ltd., (Japan), Hurco Companies, Inc., (US), EMAG GmbH & Co. KG (Germany), Haas Automation, Inc. (US), AMADA MACHINE TOOLS CO., LTD., (Japan), Yamazaki Mazak Corporation (Japan), Dalian Machine Tool Group Corporation (China), and Makino Milling Machine Co., Ltd. (Japan).


The market share analysis is derived by considering various factors such as financial position, segmental R&D investment, product innovations, corporate strength, product portfolio, strategy analysis, and, key innovations in the market among other factors. The major players holding prominent position in the Market are DMG MORI CO., LTD. (Japan), Okuma Corporation (Japan), JTEKT Corporation (Japan) and Makino Milling Machine Co., Ltd. (Japan), are among others.


According to MRFR analysis, DMG MORI CO., LTD. is currently leading the global CNC Metal Cutting Machine Tools market with 4.8% market share. DMG MORI CO., LTD.  is a global provider of turning centers, machining centers, 5-axis/multi-axis machines, and as well as handling, shaping, measuring, and monitoring cycles with lasertec and ultrasonic machines. The company has 14 production facilities and caters to customers in 42 different industries in 79 countries worldwide. It focuses on the development of elementary technologies to improve reliability (durability), cutting performance, accuracy, and energy efficiency of our machine tools.


Makino Milling Machine Co., Ltd. is the second largest company offering CNC Metal Cutting Machine Tools with 3.1% of the total market share. Makino Milling Machine Co., Ltd. is one of the leading companies in the segment of milling machines and machining centers. The company has a wide business portfolio including manufacture, sales, and export of products relevant to machine tools industry. The company has state of the art machine tools and machining technology, which are used in many industries. Makino has presence in North America, Asia-Pacific, and Europe. Makino Milling Machine Co. Ltd. is a leading manufacturer of milling machines and strategizes to offer superior machine tools along with easy and efficient operations access, which helps its customers increase its competitiveness.


Okuma Corporation is the third largest company offering CNC Metal Cutting Machine Tools with 2.9% of the total market share. Okuma Corporation manufacturers Multitasking Machines, 5-Axis Vertical Machining Centres, 5-Axis Horizontal Machining Centre, Super Multitasking Machines, Double-Column Multitasking Machines, CNC Lathes, Machining Centres, Double-Column Machining Centres, CNC Cylindrical Grinders, and CNC Internal Grinders with high accuracy and precision. Besides being in Japan, the production units of the company are majorly located in some other Asia-Pacific countries such as India, and China, and Europe, and North America. It focuses on market penetration and development by strengthening product portfolio and its capabilities. It has been investing in product development activities to develop machines with high speed, high precision and increased functionality centered on the 5-axis machining centres and multitasking machines. 


JTEKT Corporation (Japan) holds the fourth largest market share of the market with 3.1%. JTEKT Corporation is a result of a merger between TOYODA and Koyo Seiko Co. It is a leader in the machine tools and system industry due to its prominent products at competitive prices. It operates through four business segments, which are steering, driveline, bearing, and machine tools & mechatronics. The company has its presence in all the regions such as Asia-Pacific, North America, and Europe. It is focused on continuous building of value, excellent products and professionals, and by improving sales to R&D ratio. The company plans to expand its business in the new verticals such as power assist suits and increase potential from the existing businesses.