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CNC Machine Market Size

ID: MRFR/Equip/8629-HCR
100 Pages
Snehal Singh
October 2025

CNC Machine Market Research Report Information By Type (Metal Cutting and Metal Forming), By Application (Automotive, General Machinery, Precision Engineering, Transport Machinery, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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CNC Machine Market Infographic
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Cnc Machine Size

CNC Machine Market Growth Projections and Opportunities

The CNC (Computer Numerical Control) machine market is influenced by a multitude of market factors that collectively shape its landscape. One of the primary drivers of this market is the increasing demand for precision machining across various industries. CNC machines, equipped with advanced automation and control systems, offer unparalleled accuracy and efficiency in manufacturing processes. As industries such as aerospace, automotive, and healthcare emphasize precision in component production, the demand for CNC machines has seen a significant uptick.

Technological advancements play a pivotal role in the CNC machine market. Continuous innovation in machine tool design, control systems, and cutting technologies enhances the performance and capabilities of CNC machines. Manufacturers are continually striving to introduce features such as multi-axis machining, real-time monitoring, and artificial intelligence integration to stay competitive in the market. These technological enhancements not only improve efficiency but also contribute to the overall growth of the CNC machine market.

The global trend toward Industry 4.0, characterized by the integration of smart technologies and the Internet of Things (IoT) in manufacturing, has a profound impact on the CNC machine market. Smart CNC machines that can communicate, analyze data, and optimize processes are becoming increasingly popular. This shift towards intelligent manufacturing is driven by the need for real-time decision-making, predictive maintenance, and the overall optimization of production workflows.

Market dynamics are also influenced by the diverse applications of CNC machines. While traditionally associated with metal cutting and shaping, CNC machines are now used in various materials, including plastics, composites, and even 3D printing. The versatility of CNC machines makes them indispensable in a wide range of industries, contributing to their sustained demand and market growth.

Government regulations and policies play a crucial role in shaping the CNC machine market. Regulatory compliance, safety standards, and environmental regulations influence the design and manufacturing processes of CNC machines. Additionally, government initiatives to promote local manufacturing, provide incentives for technological adoption, or invest in vocational training programs for skilled machine operators contribute to the market's dynamics.

The competitive landscape within the CNC machine market is characterized by the presence of global leaders, regional players, and niche specialists. Collaborations, partnerships, and strategic alliances are common strategies employed by companies to enhance their technological capabilities and expand their market reach. Continuous research and development efforts are essential for companies to stay ahead in this competitive market, meeting the evolving demands of diverse industries.

Economic factors such as GDP growth, industrial production, and investment in infrastructure projects significantly impact the CNC machine market. Economic downturns may lead to a slowdown in capital expenditures and a delay in the adoption of advanced manufacturing technologies. Conversely, periods of economic growth often result in increased investment in modernizing manufacturing facilities, driving demand for CNC machines.

Aftermarket services also contribute to the market dynamics of CNC machines. Maintenance, repair, and technical support services are crucial for ensuring the longevity and optimal performance of CNC machines. The availability of spare parts, timely servicing, and efficient customer support are key considerations for businesses when choosing CNC machine suppliers.

the CNC machine market is influenced by a complex interplay of factors, including the demand for precision machining, technological advancements, the shift towards Industry 4.0, diverse applications, government regulations, competition, economic conditions, and aftermarket services. As industries continue to evolve and demand higher levels of efficiency and precision, the CNC machine market is expected to adapt and innovate to meet the challenges and opportunities presented by these market factors.

CNC Machine Market Size Graph
Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

How much is the CNC Machine market?

The global CNC Machine market size was valued at USD 83676.10 Billion in 2024.

What is the growth rate of the CNC Machine market?

The global market is foreseen to grow at a CAGR of 5.0% throughout the forecast period, 2025-2035.

Which region held largest market share in the CNC Machine market?

Asia Pacific had largest share of the global market

Who are the key players in the CNC Machine market?

The key players in market are Siemens AG, Bonsai Technologies Private Limited, Ramco Specialties Inc., Versatech LLC, Sandvik, Yamazaki Mazak Corporation, Amada Machine Tools Co. Ltd, Okuma Corporation, ANCA Group, Hyundai WIA, and Komatsu Ltd.

Which type led the CNC Machine market?

The metal-cutting category dominated the market in 2022.

Which application had largest market share in the CNC Machine market?

Automotive had the largest share of the global market.

Market Summary

As per MRFR analysis, the CNC Machine Market Size was estimated at 83676.1 USD Billion in 2024. The CNC Machine industry is projected to grow from 87876.84 USD Billion in 2025 to 143418.31 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.02 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The CNC Machine Market is experiencing robust growth driven by technological advancements and increasing demand for automation.

  • Technological integration is reshaping CNC operations, enhancing efficiency and precision across various applications.
  • The North American region remains the largest market, while the Asia-Pacific region is recognized as the fastest-growing area for CNC machines.
  • In the CNC segments, metal cutting dominates the market, whereas woodworking is emerging as the fastest-growing segment.
  • Rising demand for automation and advancements in CNC technology are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 83676.1 (USD Billion)
2035 Market Size 143418.31 (USD Billion)
CAGR (2025 - 2035) 5.02%
Largest Regional Market Share in 2024 North America

Major Players

<p>Haas Automation (US), DMG Mori (DE), Mazak (JP), Okuma (JP), Fanuc (JP), Siemens (DE), Emag (DE), Hurco (US), Toshiba Machine (JP)</p>

Market Trends

The CNC Machine Market is currently experiencing a transformative phase characterized by rapid technological advancements and evolving consumer demands. Automation and precision engineering are at the forefront, driving manufacturers to innovate and enhance their product offerings. The integration of artificial intelligence and machine learning into CNC systems appears to be reshaping operational efficiencies, enabling businesses to achieve higher levels of productivity and accuracy. Furthermore, the growing emphasis on sustainability and eco-friendly practices is influencing the design and manufacturing processes within the sector, as companies strive to reduce their environmental footprint while maintaining competitive advantages. In addition, the CNC Machine Market is witnessing a shift towards customization and flexibility in production. As industries increasingly seek tailored solutions to meet specific requirements, CNC machines are being adapted to accommodate diverse applications across various sectors. This trend suggests a potential for growth in niche markets, where specialized machinery can cater to unique manufacturing needs. Overall, the CNC Machine Market is poised for continued evolution, driven by technological innovation and changing market dynamics, which may lead to new opportunities and challenges in the coming years.

Technological Integration

The incorporation of advanced technologies such as artificial intelligence and machine learning into CNC machines is becoming more prevalent. This trend enhances operational efficiency and precision, allowing manufacturers to optimize production processes and reduce downtime.

Sustainability Focus

There is a growing emphasis on sustainable practices within the CNC Machine Market. Companies are increasingly adopting eco-friendly materials and processes, aiming to minimize their environmental impact while meeting regulatory standards and consumer expectations.

Customization and Flexibility

The demand for customized solutions is rising, prompting manufacturers to develop CNC machines that can adapt to various applications. This trend indicates a shift towards more versatile machinery capable of handling diverse production needs.

CNC Machine Market Market Drivers

Sustainability Initiatives

Sustainability initiatives are influencing the CNC Machine Industry as manufacturers seek to minimize their environmental impact. The integration of energy-efficient CNC machines and sustainable manufacturing practices is becoming a priority for companies aiming to reduce waste and energy consumption. For example, CNC machines that utilize eco-friendly materials and processes are gaining traction in the market. This shift towards sustainability not only aligns with regulatory requirements but also appeals to environmentally conscious consumers. As a result, the demand for sustainable CNC solutions is expected to contribute positively to the overall market growth.

Technological Advancements

The CNC Machine Industry is witnessing rapid technological advancements that enhance precision and efficiency in manufacturing processes. Innovations such as artificial intelligence and machine learning are being integrated into CNC machines, allowing for smarter operations and predictive maintenance. For instance, the adoption of IoT-enabled CNC machines facilitates real-time monitoring and data analytics, leading to reduced downtime and improved productivity. As manufacturers increasingly seek to optimize their operations, the demand for advanced CNC machines is expected to grow, contributing to the market's projected value of 83676.1 USD Billion in 2024.

Customization and Flexibility

Customization and flexibility in manufacturing processes are becoming paramount in the CNC Machine Market. As consumer preferences shift towards personalized products, manufacturers are increasingly turning to CNC machines that offer versatile machining capabilities. This adaptability allows for the production of complex geometries and tailored solutions, meeting the diverse needs of various industries. Consequently, the demand for CNC machines that can accommodate such customization is likely to rise, further driving market growth. The ability to efficiently produce small batches of unique products positions CNC technology as a vital asset in contemporary manufacturing.

Growing Demand for Automation

The Global CNC Machine Market is significantly driven by the increasing demand for automation across various sectors, including automotive, aerospace, and electronics. Automation enhances production efficiency and reduces labor costs, making CNC machines an attractive investment for manufacturers. As industries strive to improve their operational capabilities, the market for CNC machines is projected to expand, with a compound annual growth rate of 5.0% from 2025 to 2035. This trend is expected to propel the market value to approximately 143114.4 USD Billion by 2035, reflecting the critical role of CNC technology in modern manufacturing.

Rising Adoption in Emerging Economies

Emerging economies are increasingly adopting CNC machines, contributing to the growth of the Global CNC Machine Industry. Countries in Asia-Pacific, particularly China and India, are experiencing rapid industrialization and urbanization, leading to heightened demand for precision manufacturing. The expansion of manufacturing hubs in these regions is likely to drive investments in CNC technology, as companies seek to enhance their production capabilities. This trend is indicative of a broader shift towards advanced manufacturing practices, which is expected to bolster the market's growth trajectory in the coming years.

Market Segment Insights

By Application: Metal Cutting (Largest) vs. Woodworking (Fastest-Growing)

<p>In the CNC machine market, the application segment exhibits a diverse allocation of market share among various functions. Metal cutting currently holds the largest share, primarily due to its widespread demand across industries such as automotive, aerospace, and general manufacturing. Woodworking, while smaller in comparison, is rapidly gaining traction as more advanced CNC technologies make their way into this sector, catering to both production efficiency and design precision.</p>

<p>Metal Cutting (Dominant) vs. Woodworking (Emerging)</p>

<p>Metal cutting applications dominate the CNC machine market, driven by their integral role in essential manufacturing processes across numerous industries. This segment encompasses various tasks, including milling, turning, and drilling of metal parts, which are critical for high-quality production standards. Conversely, woodworking applications present an emerging opportunity, with CNC technology increasingly adopted for furniture production and artistic woodworking. The combination of speed, precision, and the ability to create intricate designs allows woodworking CNC machines to appeal to a burgeoning market, thus making it a significant contender for future growth.</p>

By End Use Industry: Aerospace (Largest) vs. Automotive (Fastest-Growing)

<p>In the CNC Machine Market, the aerospace sector holds the largest market share, primarily due to its high demand for precision-engineered components. This segment leverages CNC machines for manufacturing complex parts that are essential for aircraft, leading to significant investments by aerospace companies. In contrast, the automotive industry, while historically huge, is emerging as the fastest-growing segment. The rapid adoption of electric vehicles and advancements in automotive technology spur the demand for CNC machining to create precise components efficiently.</p>

<p>Aerospace: Dominant vs. Automotive: Emerging</p>

<p>The aerospace industry is characterized by its stringent quality standards and complex manufacturing processes, requiring advanced CNC machining capabilities. This segment demands machines that can operate effectively with a variety of materials including composites and metals, reflecting its status as a dominant player. On the other hand, the automotive sector is experiencing a transformative phase, driven by the shift towards automation and electric vehicles. This emerging segment leverages innovative CNC technology to meet the challenges of rapid production cycles and the need for high precision, thus reshaping the competitive landscape.</p>

By Machine Type: Vertical Machining Center (Largest) vs. Horizontal Machining Center (Fastest-Growing)

<p>In the CNC machine market, the Vertical Machining Center currently holds the largest market share, thanks to its versatility and efficiency in various applications, including automotive and aerospace sectors. Meanwhile, the Horizontal Machining Center, while smaller in market share, is the fastest-growing segment, driven by increasing demand for high precision and productivity in manufacturing processes. The growth trend for CNC machines is predominantly influenced by advancements in technology, such as automation and IoT integration, enhancing machine capabilities. Additionally, rising labor costs and the need for efficiency are steering manufacturers toward investing in machines that offer reduced operational times and enhanced precision. As manufacturers seek to optimize production workflows, segments like the Horizontal Machining Center are expected to witness rapid adoption.</p>

<p>Vertical Machining Center (Dominant) vs. Horizontal Machining Center (Emerging)</p>

<p>The Vertical Machining Center is recognized as the dominant player in the CNC machine market, celebrated for its adaptability to a wide range of machining operations, particularly in industries requiring intricate design and detail, such as automotive and electronics. Its capability to work on various materials also adds to its appeal, ensuring a steady demand. On the other hand, the Horizontal Machining Center, identified as an emerging segment, is rapidly gaining traction due to its ability to enhance production efficiency and precision. This machine type is particularly favored for high-volume production settings, where setup efficiency and machining time significantly impact overall productivity. The rise of this segment is indicative of a broader trend towards automation and advanced manufacturing technologies.</p>

By Control Type: Computer Numerical Control (Largest) vs. Manual Control (Fastest-Growing)

<p>In the CNC machine market, Computer Numerical Control (CNC) is the dominant segment, capturing the majority of the market share due to its precision and automation capabilities. This control type is essential for intricate manufacturing processes, making it favored by various industries. In contrast, Manual Control, while smaller in market share, is witnessing rapid growth as industries look to off-set operational costs and are engaging in training new operators. This segment appeals to manufacturers seeking cost-effective solutions with greater operator involvement.</p>

<p>Computer Numerical Control (Dominant) vs. Manual Control (Emerging)</p>

<p>Computer Numerical Control (CNC) machines are recognized for their sophistication and ability to perform complex tasks with exceptional accuracy, making them the preferred choice for high-volume production. Their advanced programming and automation capabilities significantly enhance efficiency and minimize human error. Conversely, the Manual Control segment is gaining traction, particularly among small-scale operators who benefit from lower initial costs and the ability to develop operator skills over time. While CNC continues to dominate, Manual Control is seen as an emerging solution for businesses that require flexibility and lower operational complexities.</p>

By Material Type: Metal (Largest) vs. Plastics (Fastest-Growing)

<p>The CNC machine market demonstrates a diverse range of material types, with metals holding the largest share due to their widespread use in various industrial applications. Notably, metal types encompass steel, aluminum, and other alloys, which are preferred for their durability and strength, making them a backbone for manufacturing machinery. Conversely, plastics are emerging rapidly, capturing attention for their lightweight properties and versatility, marking a significant shift toward using non-metal materials in CNC machining across numerous sectors.</p>

<p>Plastics (Dominant) vs. Composites (Emerging)</p>

<p>In the current CNC machine market, plastics are seen as a dominant material type, primarily due to their adaptability and lower weight in comparison to metals. This segment includes a range of thermoplastics used in various applications, from automotive to aerospace industries. Composites, though still emerging, have gained traction for their superior strength-to-weight ratios and performance under specific conditions. As industries push for more innovative solutions, the demand for composites is likely to grow, supported by advancements in manufacturing processes and an increasing emphasis on sustainability, setting the stage for these materials to take a more prominent role in CNC operations.</p>

Get more detailed insights about CNC Machine Market Research Report - Global Forecast till 2035

Regional Insights

North America : Leading Market Innovators

North America continues to lead the CNC machine market, holding a significant share of 41,800.0. The region's growth is driven by advanced manufacturing technologies, increased automation, and a strong demand for precision engineering across various sectors. Regulatory support for innovation and investment in R&D further catalyze market expansion, making it a hub for CNC advancements. The United States stands out as the primary market, with key players like Haas Automation and Hurco leading the charge. The competitive landscape is characterized by a mix of established firms and emerging startups, all vying for market share. The presence of major manufacturers ensures a robust supply chain and innovation pipeline, solidifying North America's position as a global leader in CNC technology.

Europe : Robust Manufacturing Base

Europe's CNC machine market is valued at 25,000.0, driven by a strong manufacturing base and increasing demand for automation. The region benefits from stringent quality standards and regulations that encourage technological advancements. Countries like Germany and Italy are at the forefront, with a focus on precision engineering and sustainable manufacturing practices, which are essential for maintaining competitiveness in the global market. Germany leads the European market, hosting major players like DMG Mori and Siemens. The competitive landscape is marked by innovation and collaboration among manufacturers, fostering a dynamic environment for growth. The European market is also characterized by a strong emphasis on research and development, ensuring that it remains a key player in the global CNC machine industry.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific region, valued at 15,000.0, is rapidly emerging as a significant player in the CNC machine market. The growth is fueled by increasing industrialization, urbanization, and a rising demand for automation in manufacturing processes. Countries like Japan and China are leading this transformation, supported by favorable government policies and investments in technology. Japan, with key players like Mazak and Okuma, dominates the market, while China is witnessing a surge in CNC adoption across various industries. The competitive landscape is evolving, with both local and international firms striving to capture market share. The region's focus on innovation and efficiency positions it well for future growth in the CNC sector.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa region, with a market size of 3,676.1, presents untapped opportunities in the CNC machine sector. The growth is driven by increasing investments in manufacturing and infrastructure development, alongside a rising demand for automation. Governments are actively promoting industrialization, which is expected to boost the CNC market significantly in the coming years. Countries like South Africa and the UAE are emerging as key players in the CNC landscape, with a growing number of local manufacturers entering the market. The competitive environment is characterized by a mix of established companies and new entrants, all aiming to leverage the region's growth potential. As the market matures, the presence of international players is likely to increase, enhancing competition and innovation.

Key Players and Competitive Insights

The CNC Machine Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for precision manufacturing across various industries. Key players such as Haas Automation (US), DMG Mori (DE), and Mazak (JP) are strategically positioned to leverage innovation and digital transformation to enhance their market presence. These companies are focusing on developing advanced CNC systems that integrate AI and IoT capabilities, thereby improving operational efficiency and product quality. Their collective emphasis on innovation not only shapes their individual strategies but also intensifies competition within the market, as they vie for leadership in a rapidly evolving technological environment.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. This approach appears to be particularly effective in addressing the growing demand for customized solutions. The market structure is moderately fragmented, with several key players exerting considerable influence. The interplay between established firms and emerging players fosters a competitive atmosphere that encourages continuous improvement and adaptation to market needs.

In November 2025, DMG Mori (DE) announced the launch of a new series of hybrid CNC machines that combine additive manufacturing with traditional subtractive processes. This strategic move is significant as it positions DMG Mori at the forefront of the evolving manufacturing landscape, catering to industries that require rapid prototyping and complex geometries. The integration of these technologies is likely to enhance their product offerings and attract a broader customer base.

Similarly, in October 2025, Mazak (JP) unveiled its latest CNC control technology, which incorporates advanced AI algorithms to optimize machining processes in real-time. This development underscores Mazak's commitment to digital transformation and reflects a growing trend towards automation in manufacturing. By enhancing operational efficiency and reducing downtime, this innovation could provide Mazak with a competitive edge in a market that increasingly values productivity and reliability.

In December 2025, Fanuc (JP) announced a strategic partnership with a leading software company to develop cloud-based solutions for CNC machine monitoring and predictive maintenance. This collaboration is indicative of the industry's shift towards digitalization, as it enables manufacturers to leverage data analytics for improved decision-making. Such partnerships are likely to redefine competitive dynamics, as companies that embrace digital solutions may gain a substantial advantage over those that do not.

As of December 2025, the CNC Machine Market is witnessing trends that emphasize digitalization, sustainability, and AI integration. The formation of strategic alliances is shaping the competitive landscape, allowing companies to pool resources and expertise to drive innovation. Looking ahead, it is anticipated that competitive differentiation will increasingly hinge on technological advancements and supply chain reliability, rather than solely on price. This shift suggests a future where innovation and adaptability will be paramount in maintaining a competitive edge.

Key Companies in the CNC Machine Market market include

Industry Developments

  • Q2 2024: DMG MORI opens new manufacturing facility in Davis, California to expand U.S. CNC machine production DMG MORI inaugurated a new state-of-the-art manufacturing plant in Davis, California, aimed at increasing its CNC machine tool production capacity for the North American market and supporting local supply chains.
  • Q2 2024: Mazak launches new INTEGREX i-250H S AM CNC multitasking machine with hybrid additive manufacturing capabilities Mazak introduced its latest CNC multitasking machine, the INTEGREX i-250H S AM, which combines advanced subtractive and additive manufacturing technologies for high-precision, complex part production.
  • Q3 2024: Siemens and FANUC announce strategic partnership to develop AI-driven CNC control systems Siemens and FANUC revealed a collaboration to co-develop next-generation CNC controllers leveraging artificial intelligence for real-time process optimization and predictive maintenance.
  • Q2 2024: Okuma Corporation acquires controlling stake in Taiwan’s Leadwell CNC Machines Mfg. Corp. Okuma expanded its global footprint by acquiring a majority share in Leadwell, a Taiwanese CNC machine manufacturer, to strengthen its presence in the Asia-Pacific region.
  • Q1 2025: Haas Automation secures $120 million contract to supply CNC machines to U.S. Department of Defense Haas Automation won a major government contract to deliver advanced CNC machining centers for defense manufacturing applications, supporting domestic production initiatives.
  • Q2 2025: Hyundai WIA opens new smart CNC machine plant in Ulsan, South Korea Hyundai WIA launched a new smart factory in Ulsan, integrating IoT and robotics to automate CNC machine production and improve efficiency.
  • Q2 2024: JTEKT launches new high-speed, five-axis CNC machining center for aerospace applications JTEKT introduced a next-generation five-axis CNC machining center designed for high-precision aerospace component manufacturing, featuring advanced vibration control and thermal stability.
  • Q3 2024: Doosan Machine Tools unveils collaborative robot-integrated CNC turning center Doosan launched a new CNC turning center equipped with integrated collaborative robotics, enabling automated part loading and unloading for lights-out manufacturing.
  • Q1 2025: Makino announces global rollout of digital twin platform for CNC machine optimization Makino introduced a digital twin solution for its CNC machines, allowing manufacturers to simulate, monitor, and optimize machining processes in real time across multiple facilities.
  • Q2 2025: Hurco launches new CNC control software with AI-powered adaptive machining Hurco released a major update to its CNC control software, incorporating artificial intelligence to automatically adjust machining parameters for improved efficiency and reduced scrap.
  • Q2 2024: FANUC debuts next-generation CNC controller with integrated cybersecurity features FANUC unveiled its latest CNC controller, featuring enhanced cybersecurity protocols and real-time monitoring to protect against industrial cyber threats.
  • Q3 2024: GROB-WERKE announces $80 million expansion of U.S. CNC machine assembly operations GROB-WERKE committed $80 million to expand its U.S. assembly plant, increasing capacity for CNC machine production and creating 200 new jobs.

Future Outlook

CNC Machine Market Future Outlook

<p>The CNC Machine Market is projected to grow at a 5.02% CAGR from 2024 to 2035, driven by automation, technological advancements, and increasing demand for precision manufacturing.</p>

New opportunities lie in:

  • <p>Expansion into additive manufacturing integration services.</p>
  • <p>Development of AI-driven predictive maintenance solutions.</p>
  • <p>Launch of customized CNC machine solutions for niche industries.</p>

<p>By 2035, the CNC Machine Market is expected to be robust, reflecting substantial growth and innovation.</p>

Market Segmentation

CNC Machine Market Application Outlook

  • Metal Cutting
  • Woodworking
  • Plastic Machining
  • Composite Machining
  • Electronics Manufacturing

CNC Machine Market Control Type Outlook

  • Computer Numerical Control
  • Manual Control
  • Hybrid Control

CNC Machine Market Machine Type Outlook

  • Vertical Machining Center
  • Horizontal Machining Center
  • Cylindrical Grinding Machine
  • Laser Cutting Machine
  • Plasma Cutting Machine

CNC Machine Market Material Type Outlook

  • Metal
  • Plastic
  • Wood
  • Ceramics
  • Composites

CNC Machine Market End Use Industry Outlook

  • Aerospace
  • Automotive
  • Medical Devices
  • Consumer Electronics
  • Industrial Equipment

Report Scope

MARKET SIZE 202483676.1(USD Billion)
MARKET SIZE 202587876.84(USD Billion)
MARKET SIZE 2035143418.31(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.02% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledHaas Automation (US), DMG Mori (DE), Mazak (JP), Okuma (JP), Fanuc (JP), Siemens (DE), Emag (DE), Hurco (US), Toshiba Machine (JP)
Segments CoveredApplication, End Use Industry, Machine Type, Control Type, Material Type
Key Market OpportunitiesIntegration of advanced automation and artificial intelligence in the CNC Machine Market enhances operational efficiency.
Key Market DynamicsTechnological advancements and automation drive competitive dynamics in the CNC Machine Market, reshaping manufacturing processes.
Countries CoveredNorth America, Europe, APAC, South America, MEA

FAQs

How much is the CNC Machine market?

The global CNC Machine market size was valued at USD 83676.10 Billion in 2024.

What is the growth rate of the CNC Machine market?

The global market is foreseen to grow at a CAGR of 5.0% throughout the forecast period, 2025-2035.

Which region held largest market share in the CNC Machine market?

Asia Pacific had largest share of the global market

Who are the key players in the CNC Machine market?

The key players in market are Siemens AG, Bonsai Technologies Private Limited, Ramco Specialties Inc., Versatech LLC, Sandvik, Yamazaki Mazak Corporation, Amada Machine Tools Co. Ltd, Okuma Corporation, ANCA Group, Hyundai WIA, and Komatsu Ltd.

Which type led the CNC Machine market?

The metal-cutting category dominated the market in 2022.

Which application had largest market share in the CNC Machine market?

Automotive had the largest share of the global market.

  1. Executive Summary
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Secondary Research
    3. Market Capacity Estimation
    4. Forecast Model
    5. List of Assumptions
    6. Limitations of the Study
  4. Market Insights
  5. Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter’s Five Forces Analysis
      1. Threat of New Entrants
      2. Bargaining Power of Buyers
      3. Bargaining Power of Suppliers
      4. Threat of Substitutes
      5. Intensity of Rivalry
    6. Value Chain/Supply Chain Analysis
  6. Global CNC Machine Market, by Type
    1. Introduction
    2. Lathe Machines
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    3. Milling Machines
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    4. Laser Machines
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    5. Grinding Machines
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    6. Welding Machines
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    7. Winding Machines
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    8. Others
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
  7. Global CNC Machine Market, by End User
    1. Introduction
    2. Automotive
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    3. Aerospace & Defense
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    4. Construction Equipment
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    5. Power & Energy
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    6. Industrial
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
    7. Others
      1. Market Estimates & Forecast, 2024-2032
      2. Market Estimates & Forecast, by Region, 2024-2032
  8. Global CNC Machine Market, by Region
    1. Introduction
    2. North America
      1. Market Estimates & Forecast, by Type, 2024-2032
      2. Market Estimates & Forecast, by End User, 2024-2032
      3. Market Estimates & Forecast, by Country, 2024-2032
      4. US
      5. Canada
      6. Mexico
    3. Europe
      1. Market Estimates & Forecast, by Type, 2024-2032
      2. Market Estimates & Forecast, by End User, 2024-2032
      3. Market Estimates & Forecast, by Country, 2024-2032
      4. Germany
      5. UK
      6. France
      7. Italy
      8. Rest of Europe
    4. Asia-Pacific
      1. Market Estimates & Forecast, by Type, 2024-2032
      2. Market Estimates & Forecast, by End User, 2024-2032
      3. Market Estimates & Forecast, by Country, 2024-2032
      4. China
      5. Japan
      6. India
      7. Rest of Asia-Pacific
    5. Rest of the World
      1. Market Estimates & Forecast, by Type, 2024-2032
      2. Market Estimates & Forecast, by End User, 2024-2032
  9. Competitive Landscape
    1. Competitive Scenario
    2. Competitive Benchmarking of the Global CNC Machine Market
    3. Major Growth Key Strategies in the Global CNC Machine Market
    4. Market Share Analysis: Global CNC Machine Market
    5. Product Development in Global CNC Machine Market
    6. Mergers and Acquisitions in Global CNC Machine Market
    7. Contracts and Agreements in Global CNC Machine Market
    8. Expansions and Investments in Global CNC Machine Market
  10. Company Profile
    1. Amada Co., Ltd. (Japan)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    2. Amera Seiki (US)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    3. Fanuc Corporation (Japan)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    4. Datron AG (Germany)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    5. DMG Mori (Germany)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    6. Dalian Machine Tool Group (DMTG) Corporation (China)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    7. Haas Automation, Inc. (US)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    8. Okuma Corporation (Japan)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    9. Shenyang Machine Tool Co., Ltd. (SMTCL) (China)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    10. Hurco Companies, Inc. (US)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    11. Yamazaki Mazak Corporation (Japan)
      1. Company Overview
      2. Products/Services Offered
      3. Financial Overview
      4. Key Developments
      5. Key Strategies
      6. SWOT Analysis
    12. List of Tables
  11. Global CNC Machine Market, by Region, 2024-2032 (USD Million)
  12. North America CNC Machine Market, by Country, 2024-2032 (USD Million)
  13. Europe CNC Machine Market, by Country, 2024-2032 (USD Million)
  14. Asia-Pacific CNC Machine Market, by Country, 2024-2032 (USD Million)
  15. Rest of the World CNC Machine Market, by Country, 2024-2032 (USD Million)
  16. Global CNC Machine Market, by Type, 2024-2032 (USD Million)
  17. North America CNC Machine Market, by Type, 2024-2032 (USD Million)
  18. Europe CNC Machine Market, by Type, 2024-2032 (USD Million)
  19. Asia-Pacific CNC Machine Market, by Type, 2024-2032 (USD Million)
  20. Rest of the World CNC Machine Market, by Type, 2024-2032 (USD Million)
  21. Global CNC Machine Market, by End User, 2024-2032 (USD Million)
  22. North America CNC Machine Market, by End User, 2024-2032 (USD Million)
  23. Europe CNC Machine Market, by End User, 2024-2032 (USD Million)
  24. Asia-Pacific CNC Machine Market, by End User, 2024-2032 (USD Million)
  25. Rest of the World CNC Machine Market, by End User, 2024-2032 (USD Million)
  26. Global CNC Machine Market: by Region, 2024-2032 (USD Million)
  27. North America CNC Machine Market, by Country, 2024-2032 (USD Million)
  28. North America CNC Machine Market, by Type, 2024-2032 (USD Million)
  29. North America CNC Machine Market, by End User, 2024-2032 (USD Million)
  30. US CNC Machine Market, by Type, 2024-2032 (USD Million)
  31. US CNC Machine Market, by End User, 2024-2032 (USD Million)
  32. Canada CNC Machine Market, by Type, 2024-2032 (USD Million)
  33. Canada CNC Machine Market, by End User, 2024-2032 (USD Million)
  34. Mexico CNC Machine Market, by Type, 2024-2032 (USD Million)
  35. Mexico CNC Machine Market, by End User, 2024-2032 (USD Million)
  36. Europe CNC Machine Market, by Country, 2024-2032 (USD Million)
  37. Europe CNC Machine Market, by Type, 2024-2032 (USD Million)
  38. Europe CNC Machine Market, by End User, 2024-2032 (USD Million)
  39. Germany CNC Machine Market, by Type, 2024-2032 (USD Million)
  40. Germany CNC Machine Market, by End User, 2024-2032 (USD Million)
  41. UK CNC Machine Market, by Type, 2024-2032 (USD Million)
  42. UK CNC Machine Market, by End User, 2024-2032 (USD Million)
  43. France CNC Machine Market, by Type, 2024-2032 (USD Million)
  44. France CNC Machine Market, by End User, 2024-2032 (USD Million)
  45. Italy CNC Machine Market, by Type, 2024-2032 (USD Million)
  46. Italy CNC Machine Market, by End User, 2024-2032 (USD Million)
  47. Rest of Europe CNC Machine Market, by Type, 2024-2032 (USD Million)
  48. Rest of Europe CNC Machine Market, by End User, 2024-2032 (USD Million)
  49. Asia-Pacific CNC Machine Market, by Country, 2024-2032 (USD Million)
  50. Asia-Pacific CNC Machine Market, by Type, 2024-2032 (USD Million)
  51. Asia-Pacific CNC Machine Market, by End User, 2024-2032 (USD Million)
  52. China CNC Machine Market, by Type, 2024-2032 (USD Million)
  53. China CNC Machine Market, by End User, 2024-2032 (USD Million)
  54. Japan CNC Machine Market, by Type, 2024-2032 (USD Million)
  55. Japan CNC Machine Market, by End User, 2024-2032 (USD Million)
  56. India CNC Machine Market, by Type, 2024-2032 (USD Million)
  57. India CNC Machine Market, by End User, 2024-2032 (USD Million)
  58. Rest of Asia-Pacific CNC Machine Market, by Type, 2024-2032 (USD Million)
  59. Rest of Asia-Pacific CNC Machine Market, by End User, 2024-2032 (USD Million)
  60. Rest of the World CNC Machine Market, by Country, 2024-2032 (USD Million)
  61. Rest of the World CNC Machine Market, by Type, 2024-2032 (USD Million)
  62. Rest of the World CNC Machine Market, by End User, 2024-2032 (USD Million)
    1. List of Figures
  63. Research Process of MRFR
  64. Top-Down and Bottom-Up Approach
  65. Market Dynamics
  66. Impact Analysis: Market Drivers
  67. Impact Analysis: Market Restraints
  68. Porter’s Five Forces Analysis
  69. Value Chain Analysis
  70. Global CNC Machine Market Share, by Type, 2020 (%)
  71. Global CNC Machine Market, by Type, 2024-2032 (USD Million)
  72. Global CNC Machine Market Share, by End User, 2020 (%)
  73. Global CNC Machine Market, by End User, 2024-2032 (USD Million)
  74. North America CNC Machine Market Share (%), 2020
  75. North America CNC Machine Market, by Country, 2024-2032 (USD Million)
  76. Europe CNC Machine Market Share (%), 2020
  77. Europe CNC Machine Market, by Country, 2024-2032 (USD Million)
  78. Asia-Pacific CNC Machine Market Share (%), 2020
  79. Asia-Pacific CNC Machine Market, by Country, 2024-2032 (USD Million)
  80. Rest of the World CNC Machine Market Share (%), 2020
  81. Rest of the World CNC Machine Market, by Country, 2024-2032 (USD Million)
    1. "

CNC Machine Market Segmentation

CNC Machine Type Outlook (USD Billion, 2024-2032)

Metal Cutting

Metal Forming

CNC Machine Application Outlook (USD Billion, 2024-2032)

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

CNC Machine Regional Outlook (USD Billion, 2024-2032)

North America Outlook (USD Billion, 2024-2032)

North America CNC Machine by Type

Metal Cutting

Metal Forming

North America CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

US Outlook (USD Billion, 2024-2032)

US CNC Machine by Type

Metal Cutting

Metal Forming

US CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

CANADA Outlook (USD Billion, 2024-2032)

CANADA CNC Machine by Type

Metal Cutting

Metal Forming

CANADA CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Europe Outlook (USD Billion, 2024-2032)

Europe CNC Machine by Type

Metal Cutting

Metal Forming

Europe CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Germany Outlook (USD Billion, 2024-2032)

Germany CNC Machine by Type

Metal Cutting

Metal Forming

Germany CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

France Outlook (USD Billion, 2024-2032)

France CNC Machine by Type

Metal Cutting

Metal Forming

France CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

UK Outlook (USD Billion, 2024-2032)

UK CNC Machine by Type

Metal Cutting

Metal Forming

UK CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

ITALY Outlook (USD Billion, 2024-2032)

ITALY CNC Machine by Type

Metal Cutting

Metal Forming

ITALY CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

SPAIN Outlook (USD Billion, 2024-2032)

Spain CNC Machine by Type

Metal Cutting

Metal Forming

Spain CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Rest Of Europe Outlook (USD Billion, 2024-2032)

Rest Of Europe CNC Machine by Type

Metal Cutting

Metal Forming

REST OF EUROPE CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Asia-Pacific Outlook (USD Billion, 2024-2032)

Asia-Pacific CNC Machine by Type

Metal Cutting

Metal Forming

Asia-Pacific CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

China Outlook (USD Billion, 2024-2032)

China CNC Machine by Type

Metal Cutting

Metal Forming

China CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Japan Outlook (USD Billion, 2024-2032)

Japan CNC Machine by Type

Metal Cutting

Metal Forming

Japan CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

India Outlook (USD Billion, 2024-2032)

India CNC Machine by Type

Metal Cutting

Metal Forming

India CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Australia Outlook (USD Billion, 2024-2032)

Australia CNC Machine by Type

Metal Cutting

Metal Forming

Australia CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Rest of Asia-Pacific Outlook (USD Billion, 2024-2032)

Rest of Asia-Pacific CNC Machine by Type

Metal Cutting

Metal Forming

Rest of Asia-Pacific CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Rest of the World Outlook (USD Billion, 2024-2032)

Rest of the World CNC Machine by Type

Metal Cutting

Metal Forming

Rest of the World CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Middle East Outlook (USD Billion, 2024-2032)

Middle East CNC Machine by Type

Metal Cutting

Metal Forming

Middle East CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Africa Outlook (USD Billion, 2024-2032)

Africa CNC Machine by Type

Metal Cutting

Metal Forming

Africa CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Latin America Outlook (USD Billion, 2024-2032)

Latin America CNC Machine by Type

Metal Cutting

Metal Forming

Latin America CNC Machine by Application

Automotive

General Machinery

Precision Engineering

Transport Machinery

Others

Infographic

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