CNC Router Market Research Report - Global Forecast till 2027

CNC Router Market Research Report: Information By Type (Stationary Gantry Type, Movable Gantry Type and Cross-feed Unit Type), By Product (Plasma, Laser, Water Jet and Metal Tool), By Application (Wood Working, Stone Working, Metal Working and others), By End-Use Industry (Automotive, Construction, Industrial and Others) - Global Forecast till 2027

ID: MRFR/IA - E/6849-CR | September, 2019 | Region : Global

Market Research Future’s Review on CNC Router Market


CNC Router Market is projected to expand at 6.14% CAGR over the forecast period (2019-2025), according to Market Research Future (MRFR) in its latest report.


COVID-19 Analysis


The COVID-19 pandemic has halted industrial production of various goods but has provided a golden opportunity for CNC routing machine makers. Dividers used in pharmacies, restaurants, hospitals, and grocery stores are made on a CNC router and can induce heavy market demand during the pandemic. The stands can be manufactured using different materials and be customized according to need. Huge need for protective shields such as barrier shields, face shields, splash guards, and intubation boxes can be potential production opportunities for product makers. It can be completed in record time due to the use of CNC machines. For instance, The Tom Love Innovation Hub and University of Oklahoma have decided to collaborate on their efforts for building essential equipment designs to aid healthcare workers.


Key Companies Covered in the Report


Anderson Group (Taiwan), MultiCam Inc. (U.S.), The Shoda Company (Japan), Exel CNC Ltd (U.K.), Carbide 3D LLC (U.S.), Biesse Group (Italy), Thermwood Corporation (U.S.), HOMAG Group (Germany), ShopSabre (U.S.), Komo Machine (U.S.), and AXYZ Automation Group (Canada) are major suppliers in the global CNC router market.


Market Dynamics



  • Drivers


Rise in Furniture Production


The huge demand for wood construction and furniture production is estimated to drive the demand for CNC routers. Adoption of advanced machines for driving productivity and efficiency of processes can bode well for the CNC router market. CNC routers can reduce error rate and time required for finishing products. The machines can maximize production by cutting any material cleanly and efficiently. Huge need for saving on outsourcing and focus on quality can drive the market demand significantly. CNC routers can repeat the same design with low chances of error and high accuracy. It gains instruction on routing parameters for completing accurate and precise work.



  • Opportunities


Automation in Emerging Economies


Adoption of automation in emerging economies is expected to present a new growth opportunity for CNC router makers. The COVID-19 pandemic has created the demand for essential equipment with CNC makers being declared a vital part of essential services. Industrial design companies are increasingly relying on CNC machines for making modular kitchens, furniture, educational and play equipment, and PoS units. For instance DT Solutions has procured necessary equipment to cater to their production demand. Moreover, training of professionals to operate CNC software for ensuring low interruptions in production can bode well for the global market.



  • Restraints


Lack of Skilled Laborers


The lack of skilled laborers in operating the machine and software efficiently can restrain the market growth. Investment costs in training of new employees can hinder the market from expansion.


Segment Analysis



  • By Type


Movable Gantry Segment to Dominate Global Market


The movable gantry type segment is expected to dominate the global market growth as the equipment finds application in sectors of power, automotive, construction, and industrial sectors. The machine controls operations on three axes to enhance the machine quality.



  • By Product


Metal Tool to Command Demand Share


The metal tool is estimated to command a huge demand share of the global CNC router market owing to increasing utilization of the machine in woodworking and metalworking. Extraction of wood is central in driving the demand for metal tools over the forecast period.



  • By Application


Woodworking to Lead in Global Market


The woodworking segment held largest market share in 2018 and can dominate the industry over the forecast period due to adoption and development of CNC routers for woodworking. The shifting inclination of workers to CNC routers from standard machines for quality finish and ensuring operational efficiency can drive the application growth over the assessment period. The need for 3D designing and carving on wooden products can drive the market demand for CNC routers. The inclination towards DIY projects is also expected to contribute to the application growth. Medium thickness fiberboards are utilized in cabinetry, furniture, and flooring making and require CNC routers for consistency, machinability, and smooth finish.



  • By End-use


Construction to be Biggest Industry End-user


The construction industry is expected to be the biggest revenue generator in the market owing to huge demand for wood construction and adoption of advanced machinery for time saving applications such as routing, cutting, and drilling.


Automotive Industry


The automotive industry is expected to undergo major changes as it grapples with environmental legislations and new manufacturing codes for limiting carbon emissions. Huge demand for hybrid and electric vehicles can drive the demand for CNC routes in carving new designs for doors, hoods, and car trunks. Replacement of fuel-driven cars will present a new growth pocket for the CNC router industry.


Regional Analysis


APAC to Register Fastest Growth Rate


APAC is expected to register the fastest growth rate over the forecast period owing to large industrial hubs in India, China, and Japan. Production of automotive components and industrial parts are likely to drive the market demand in the region. The revival of the automotive sector and its expansion plans are likely to fare well for the global CNC router market. Huge demand for CNC routers in construction for woodworks can bode well for the market.


Europe to Assume Second Position


Europe has assumed the second position in the CNC router industry owing to increased trading and adoption of advanced technology. Presence of automotive manufacturers such as Volvo, Audi, and BMW as well as investments in research and development can drive the regional market demand.


Competitive Landscape


Global CNC Router Market is filled with international and domestic players eyeing for a major market share. It is fragmented with players competing on product development and prices. Acquisitions are expected as the industry caters to various industry verticals and integrates new technology for improving production and precision.


CNC routers are used for cutting various materials such as wood, glass, aluminum, steel, plastics, and composites using a CNC machine. Items such as carvings, decorations, panels, instruments, and other furniture can be manufactured repeatedly with the help of a computer numerical control machine. Rapid pace of industrialization and plans for growth by countries can provide plenty of scope for the CNC router industry.


Recent Developments



  • Taylor Made Joinery has partnered with Homag UK for designing the five-axis CNC router, Centateq P-210, and other equipment for automating the production of cabinets and indoor furniture in 2020.

  • The VCarve Pro by Vectric is software used in cutting parts and creation of customized parts on a CNC router. It consists of 2.5D tools and supports various tools and layouts.


Report Scope


Global CNC Router Market report by MRFR looks at prospects and opportunities for the industry during the forecast period. The report has been compiled using in-depth primary and secondary research and supported by statistics and events backed by trusted sources. It is segmented in the following manner:


By Type



  • Cross-feed Unit Type

  • Movable Gantry Type

  • Stationary Gantry Type


By Product



  • Metal Tool

  • Water Jet

  • Laser

  • Plasma


By Application



  • Stone Working

  • Wood Working

  • Metal Working

  • Others


By End-use



  • Automotive

  • Construction

  • Industrial

  • Others

1 Executive Summary

2 Market Introduction

2.1 Definition 16

2.2 Scope Of The Study 16

2.3 List Of Assumptions 17

2.4 Market Structure 18

2.5 Market Attractiveness Analysis 18

2.6 Global CNC Router Market, By Product 19

2.7 Global CNC Router Market, By Type 20

2.8 Global CNC Router Market, By Application 21

2.9 Global CNC Router Market, By End Use 22

2.10 Key Buying Criteria 22

3 Market Insights

4 Research Methodology

4.1 Research Process 26

4.2 Primary Research 27

4.3 Secondary Research 28

4.4 Market Size Estimation 29

4.5 Forecast Model 29

5 Market Dynamics

5.1 Introduction 30

5.2 Drivers 31

5.2.1 Growth Of The Automotive Industry 31

5.2.2 Rise In Furniture Production 32

5.3 Drivers Impact Analysis 33

5.4 Restraint 34

5.4.1 Lack Of Skilled Labor 34

5.5 Restraints Impact Analysis 34

5.6 Opportunity 35

5.6.1 Automation In Emerging Economies 35

6 Market Factor Analysis

6.1 Porter’s Five Forces Model 36

6.1.1 Threat Of New Entrants 37

6.1.2 Bargaining Power Of Suppliers 37

6.1.3 Bargaining Power Of Buyers 37

6.1.4 Threat Of Substitutes 37

6.1.5 Rivalry 37

6.2 Supply Chain Analysis 38

6.2.1 Design And Development 38

6.2.2 Raw Material/Component Supply 38

6.2.3 CNC Router Manufacture/Assembly 39

6.2.4 CNC Router Distribution 39

6.2.5 End Use 39

6.2.6 Technology Trend 40

6.2.6.1 5-Axis CNC Router 40

6.2.7 Patent Trends: CNC Router 40

7 Global CNC Router Market, By Type

7.1 Overview 42

7.2 Stationary Gantry Type 42

7.3 Movable Gantry Type 42

7.4 Cross-Feed Unit Type 42

8 Global CNC Router Market, By Product

8.1 Overview 44

8.2 Plasma 44

8.3 Laser 44

8.4 Water Jet 44

8.5 Metal Tool 44

9 Global CNC Router Market, By Application

9.1 Overview 46

9.2 Wood Working 46

9.3 Stone Working 46

9.4 Metal Working 46

9.5 Others 46

10 Global CNC Router Market, By End Use

10.1 Overview 48

10.2 Automotive 48

10.3 Construction 48

10.4 Industrial 48

10.5 Others 49

11 Global CNC Router Market, By Region

11.1 Introduction 50

11.2 Asia-Pacific 51

11.2.1 China 54

11.2.2 Japan 56

11.2.3 South Korea 58

11.2.4 India 60

11.2.5 Rest Of Asia-Pacific 62

11.3 Europe 64

11.3.1 Germany 66

11.3.2 France 68

11.3.3 UK 70

11.3.4 Italy 72

11.3.5 Rest Of Europe 74

11.4 North America 76

11.4.1 US 79

11.4.2 Canada 81

11.4.3 Mexico 83

11.5 Rest Of The World 85

11.5.1 South America 87

11.5.2 Middle East & Africa 89

12 Competitive Landscape

12.1 Competitive Overview 92

12.2 Competitive Benchmarking 93

12.3 Market Share Analysis 94

12.4 Leading Players (In Terms Of Number Of Developments) In Global CNC Router Market 94

13 Company Profiles

13.1 Biesse Group 95

13.1.1 Company Overview 95

13.1.2 Financial Overview 96

13.1.3 Products/Services Offered 96

13.1.4 Key Developments (2020-2027) 96

13.1.5 SWOT Analysis 97

13.1.6 Key Strategies 97

13.2 HOMAG Group 98

13.2.1 Company Overview 98

13.2.2 Financial Overview 98

13.2.3 Products/Services Offered 99

13.2.4 Key Developments (2020-2027) 99

13.2.5 SWOT Analysis 100

13.2.6 Key Strategies 100

13.3 Anderson Group 101

13.3.1 Company Overview 101

13.3.2 Financial Overview 101

13.3.3 Products/Services Offered 102

13.3.4 Key Developments (2020-2027) 103

13.3.5 SWOT Analysis 103

13.3.6 Key Strategies 103

13.4 Exel CNC Ltd 104

13.4.1 Company Overview 104

13.4.2 Financial Overview 104

13.4.3 Products/Services Offered 104

13.4.4 Key Developments (2020-2027) 105

13.4.5 SWOT Analysis 105

13.4.6 Key Strategies 105

13.5 MultiCam Inc. 106

13.5.1 Company Overview 106

13.5.2 Financial Overview 106

13.5.3 Products/Services Offered 106

13.5.4 Key Developments (2015-2020) 106

13.5.5 SWOT Analysis 107

13.5.6 Key Strategies 107

13.6 Thermwood Corporation 108

13.6.1 Company Overview 108

13.6.2 Financial Overview 108

13.6.3 Products/Services Offered 108

13.6.4 Key Developments (2020-2027) 109

13.6.5 SWOT Analysis 109

13.6.6 Key Strategies 109

13.7 The Shoda Company 110

13.7.1 Company Overview 110

13.7.2 Financial Overview 110

13.7.3 Products/Services Offered 111

13.7.4 Key Developments (2020-2027) 111

13.8 ShopSabre 112

13.8.1 Company Overview 112

13.8.2 Financial Overview 112

13.8.3 Products/Services Offered 112

13.8.4 Key Developments (2020-2027) 112

13.9 AXYZ Automation Group 113

13.9.1 Company Overview 113

13.9.2 Financial Overview 113

13.9.3 Products/Services Offered 113

13.9.4 Key Developments (2020-2027) 113

13.10 Carbide 3D LLC 114

13.10.1 Company Overview 114

13.10.2 Financial Overview 114

13.10.3 Products/Services Offered 114

13.10.4 Key Developments (2020-2027) 114

13.11 Komo Machine, Inc. 115

13.11.1 Company Overview 115

13.11.2 Financial Overview 115

13.11.3 Products/Services Offered 115

13.11.4 Key Developments (2020-2027) 116


14 List Of Tables

TABLE 1 LIST OF ASSUMPTIONS 17

TABLE 2 MAJOR GRANTED PATENTS ON CNC ROUTER (1 JANUARY 2015–08 AUGUST 2020) 40

TABLE 3 GLOBAL CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 43

TABLE 4 GLOBAL CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 45

TABLE 5 GLOBAL CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 47

TABLE 6 GLOBAL CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 49

TABLE 7 GLOBAL CNC ROUTER MARKET, BY REGION, 2020–2027 (USD MILLION) 50

TABLE 8 ASIA-PACIFIC: CNC ROUTER MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 51

TABLE 9 ASIA-PACIFIC: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 52

TABLE 10 ASIA-PACIFIC: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 52

TABLE 11 ASIA-PACIFIC: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 53

TABLE 12 ASIA-PACIFIC: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 53

TABLE 13 CHINA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 54

TABLE 14 CHINA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 54

TABLE 15 CHINA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 55

TABLE 16 CHINA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 55

TABLE 17 JAPAN: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 56

TABLE 18 JAPAN: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 56

TABLE 19 JAPAN: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 57

TABLE 20 JAPAN: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 57

TABLE 21 SOUTH KOREA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 58

TABLE 22 SOUTH KOREA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 58

TABLE 23 SOUTH KOREA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 59

TABLE 24 SOUTH KOREA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 59

TABLE 25 INDIA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 60

TABLE 26 INDIA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 60

TABLE 27 INDIA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 61

TABLE 28 INDIA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 61

TABLE 29 REST OF ASIA-PACIFIC: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 62

TABLE 30 REST OF ASIA-PACIFIC: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 62

TABLE 31 REST OF ASIA-PACIFIC: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 63

TABLE 32 REST OF ASIA-PACIFIC: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 63

TABLE 33 EUROPE: CNC ROUTER MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 64

TABLE 34 EUROPE: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 65

TABLE 35 EUROPE: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 65

TABLE 36 EUROPE: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 65

TABLE 37 EUROPE: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 66

TABLE 38 GERMANY: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 66

TABLE 39 GERMANY: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 67

TABLE 40 GERMANY: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 67

TABLE 41 GERMANY: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 67

TABLE 42 FRANCE: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 68

TABLE 43 FRANCE: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 68

TABLE 44 FRANCE: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 69

TABLE 45 FRANCE: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 69

TABLE 46 UK: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 70

TABLE 47 UK: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 70

TABLE 48 UK: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 71

TABLE 49 UK: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 71

TABLE 50 ITALY: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 72

TABLE 51 ITALY: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 72

TABLE 52 ITALY: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 73

TABLE 53 ITALY: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 73

TABLE 54 REST OF EUROPE: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 74

TABLE 55 REST OF EUROPE: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 74

TABLE 56 REST OF EUROPE: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 75

TABLE 57 REST OF EUROPE: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 75

TABLE 58 NORTH AMERICA: CNC ROUTER MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 76

TABLE 59 NORTH AMERICA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 77

TABLE 60 NORTH AMERICA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 77

TABLE 61 NORTH AMERICA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 77

TABLE 62 NORTH AMERICA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 78

TABLE 63 US: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 79

TABLE 64 US: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 79

TABLE 65 US: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 80

TABLE 66 US: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 80

TABLE 67 CANADA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 81

TABLE 68 CANADA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 81

TABLE 69 CANADA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 82

TABLE 70 CANADA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 82

TABLE 71 MEXICO: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 83

TABLE 72 MEXICO: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 83

TABLE 73 MEXICO: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 84

TABLE 74 MEXICO: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 84

TABLE 75 REST OF THE WORLD: CNC ROUTER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 85

TABLE 76 REST OF THE WORLD: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 85

TABLE 77 REST OF THE WORLD: CNC ROUTER MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 86

TABLE 78 REST OF THE WORLD: CNC ROUTER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 86

TABLE 79 REST OF THE WORLD: CNC ROUTER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 87

TABLE 80 SOUTH AMERICA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 87

TABLE 81 SOUTH AMERICA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 88

TABLE 82 SOUTH AMERICA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 88

TABLE 83 SOUTH AMERICA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 89

TABLE 84 MIDDLE EAST & AFRICA: CNC ROUTER MARKET, BY TYPE, 2020–2027 (USD MILLION) 89

TABLE 85 MIDDLE EAST & AFRICA: CNC ROUTER MARKET, BY PRODUCT, 2020–2027 (USD MILLION) 90

TABLE 86 MIDDLE EAST & AFRICA: CNC ROUTER MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 90

TABLE 87 MIDDLE EAST & AFRICA: CNC ROUTER MARKET, BY END USE, 2020–2027 (USD MILLION) 91

TABLE 88 BIESSE GROUP: PRODUCTS/SERVICES OFFERED 96

TABLE 89 BIESSE GROUP: KEY DEVELOPMENTS 96

TABLE 90 HOMAG GROUP: PRODUCTS/SERVICES OFFERED 99

TABLE 91 HOMAG GROUP: KEY DEVELOPMENTS 99

TABLE 92 ANDERSON GROUP: PRODUCTS/SERVICES OFFERED 102

TABLE 93 ANDERSON GROUP: PRODUCTS/SERVICES OFFERED 103

TABLE 94 EXEL CNC LTD: PRODUCTS/SERVICES OFFERED 104

TABLE 95 EXEL CNC LTD: KEY DEVELOPMENTS 105

TABLE 96 MULTICAM INC.: PRODUCTS/SERVICES OFFERED 106

TABLE 97 THERMWOOD CORPORATION: PRODUCTS/SERVICES OFFERED 108

TABLE 98 THE SHODA COMPANY: PRODUCTS/SERVICES OFFERED 111

TABLE 99 SHOPSABRE: PRODUCTS/SERVICES OFFERED 112

TABLE 100 SHOPSABRE: KEY DEVELOPMENTS 112

TABLE 101 AXYZ AUTOMATION GROUP: PRODUCTS/SERVICES OFFERED 113

TABLE 102 CARBIDE 3D LLC: PRODUCTS/SERVICES OFFERED 114

TABLE 103 KOMO MACHINE, INC.: PRODUCTS/SERVICES OFFERED 116

TABLE 104 KOMO MACHINE, INC.: KEY DEVELOPMENTS 116


15 List Fo Figures

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 GLOBAL CNC ROUTER MARKET: MARKET STRUCTURE 17

FIGURE 3 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL CNC ROUTER MARKET, 2020, BY REGION 17

FIGURE 4 GLOBAL CNC ROUTER MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 18

FIGURE 5 GLOBAL CNC ROUTER MARKET, BY TYPE, 2020-2027 (USD MILLION) 19

FIGURE 6 GLOBAL CNC ROUTER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 20

FIGURE 7 GLOBAL CNC ROUTER MARKET, BY END USE, 2020-2027 (USD MILLION) 21

FIGURE 8 GLOBAL CNC ROUTER MARKET: KEY BUYING CRITERIA 21

FIGURE 9 ASIA–PACIFIC: CNC ROUTER MARKET SIZE & MARKET SHARE, BY COUNTRY, BY VALUE (2020 VS 2027) 22

FIGURE 10 EUROPE: CNC ROUTER MARKET SIZE & MARKET SHARE, BY COUNTRY, BY VALUE (2020 VS 2027) 23

FIGURE 11 NORTH AMERICA: CNC ROUTER MARKET SIZE & MARKET SHARE, BY COUNTRY, BY VALUE (2020 VS 2027) 23

FIGURE 12 ROW: CNC ROUTER MARKET SIZE & MARKET SHARE, BY REGION, BY VALUE (2020 VS 2027) 24

FIGURE 13 RESEARCH PROCESS OF MRFR 25

FIGURE 14 TOP-DOWN & BOTTOM-UP APPROACHES 28

FIGURE 1 DRO ANALYSIS OF GLOBAL CNC ROUTER MARKET 29

FIGURE 2 GLOBAL VEHICLE PRODUCTION, THOUSAND UNITS (2020-2027) 30

FIGURE 3 GLOBAL FURNITURE PRODUCTION, USD BILLION, 2020-2027 31

FIGURE 4 DRIVERS IMPACT ANALYSIS: CNC ROUTER MARKET 32

FIGURE 5 RESTRAINTS IMPACT ANALYSIS: CNC ROUTER MARKET 33

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS: GLOBAL CNC ROUTER MARKET 35

FIGURE 7 SUPPLY CHAIN ANALYSIS: GLOBAL CNC ROUTER MARKET 37

FIGURE 8 GLOBAL CNC ROUTER MARKET, BY TYPE, 2020 (% SHARE) 41

FIGURE 9 GLOBAL CNC ROUTER MARKET, BY PRODUCT, 2020 (% SHARE) 44

FIGURE 10 GLOBAL CNC ROUTER MARKET, BY APPLICATION, 2020 (% SHARE) 46

FIGURE 11 GLOBAL CNC ROUTER MARKET, BY END USE, 2020 (% SHARE) 48

FIGURE 12 GLOBAL CNC ROUTER MARKET SHARE, BY REGION, 2020 (%) (USD MILLION) 49

FIGURE 13 ASIA-PACIFIC: CNC ROUTER MARKET, BY COUNTRY, 2020 (% SHARE) 50

FIGURE 14 EUROPE: CNC ROUTER MARKET, BY COUNTRY, 2020 (%) 63

FIGURE 15 NORTH AMERICA: CNC ROUTER MARKET, BY COUNTRY, 2020 (%) 75

FIGURE 16 REST OF THE WORLD: CNC ROUTER MARKET, BY COUNTRY, 2020 (% SHARE) 84

FIGURE 17 BENCHMARKING OF MAJOR COMPETITORS 92

FIGURE 18 MARKET SHARE ANALYSIS, 2020 93

FIGURE 19 LIST OF ACTIVE PLAYERS IN THE GLOBAL CNC ROUTER MARKET 93

FIGURE 20 BIESSE GROUP: TOTAL REVENUE, 2020-2027 (USD MILLION) 95

FIGURE 21 BIESSE GROUP: SWOT ANALYSIS 96

FIGURE 22 HOMAG GROUP: TOTAL REVENUE, 2020-2027 (USD MILLION) 97

FIGURE 23 HOMAG GROUP: SWOT ANALYSIS 99

FIGURE 24 ANDERSON GROUP: TOTAL REVENUE, 2020-2027 (TWD MILLION) 100

FIGURE 25 ANDERSON GROUP: SWOT ANALYSIS 102

FIGURE 26 EXEL CNC LTD: SWOT ANALYSIS 104

FIGURE 27 MULTICAM INC.: SWOT ANALYSIS 106

FIGURE 28 THERMWOOD CORPORATION: SWOT ANALYSIS 108

CNC Router Market