×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

CNC Tool Cutter Grinding Machine Market

ID: MRFR/Equip/4704-CR
100 Pages
Pradeep Nandi
June 2018

CNC Tool and Cutter Grinding Machine Market Research Report Information By Type (Tool & Cutter Grinding Machine, Universal Grinding Machine, and Blank and Cylindrical Grinding Machines), By Application (Electrical and Electronics Manufacturing, Aerospace & Defense, and Automotive), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

CNC Tool Cutter Grinding Machine Market Infographic
Purchase Options

CNC Tool Cutter Grinding Machine Market Summary

As per MRFR analysis, the CNC Tool and Cutter Grinding Machine Market was estimated at 4.49 USD Billion in 2024. The CNC Tool and Cutter Grinding Machine industry is projected to grow from 4.665 USD Billion in 2025 to 6.834 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.89 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The CNC Tool and Cutter Grinding Machine Market is poised for substantial growth driven by technological advancements and increasing demand for precision engineering.

  • Technological advancements are enhancing the capabilities of CNC tool and cutter grinding machines, leading to improved efficiency and precision.
  • Customization and flexibility in machine design are becoming increasingly important to meet diverse manufacturing needs, particularly in the automotive sector.
  • Sustainability initiatives are influencing manufacturers to adopt greener practices, thereby impacting machine design and operation.
  • Rising demand for precision engineering and the growth of automation in manufacturing are key drivers propelling market expansion, especially in North America and the automotive segment.

Market Size & Forecast

2024 Market Size 4.49 (USD Billion)
2035 Market Size 6.834 (USD Billion)
CAGR (2025 - 2035) 3.89%

Major Players

ANCA (AU), Walter (DE), KUKA (DE), FANUC (JP), Schütte (DE), Okuma (JP), Haas Automation (US), TOS (CZ), JTEKT (JP)

CNC Tool Cutter Grinding Machine Market Trends

The CNC Tool and Cutter Grinding Machine Market is currently experiencing a notable transformation, driven by advancements in technology and increasing demand for precision engineering. Manufacturers are focusing on enhancing the efficiency and accuracy of their machines, which is crucial for meeting the evolving needs of various industries, including aerospace, automotive, and manufacturing. The integration of automation and smart technologies appears to be a key factor in this evolution, as companies strive to optimize production processes and reduce operational costs. Furthermore, the growing emphasis on sustainability and eco-friendly practices is influencing the design and functionality of these machines, prompting manufacturers to adopt greener technologies and materials. In addition, the CNC Tool and Cutter Grinding Machine Market is witnessing a shift towards customization and flexibility. As industries require more specialized tools, manufacturers are adapting their offerings to cater to specific customer needs. This trend suggests a move away from standardization towards more tailored solutions, which may enhance competitiveness in the market. Moreover, the increasing globalization of supply chains is likely to create new opportunities for growth, as companies seek to expand their reach and improve service delivery across different regions. Overall, the market appears poised for continued growth, driven by innovation and a focus on meeting diverse customer demands.

Technological Advancements

The CNC Tool and Cutter Grinding Machine Market is seeing rapid technological advancements, particularly in automation and smart manufacturing. These innovations enhance machine efficiency and precision, allowing manufacturers to produce high-quality tools with reduced lead times.

Customization and Flexibility

There is a growing trend towards customization within the CNC Tool and Cutter Grinding Machine Market. Manufacturers are increasingly offering tailored solutions to meet specific customer requirements, moving away from one-size-fits-all approaches.

Sustainability Initiatives

Sustainability is becoming a focal point in the CNC Tool and Cutter Grinding Machine Market. Companies are adopting eco-friendly practices and materials, reflecting a broader commitment to reducing environmental impact while maintaining operational efficiency.

CNC Tool Cutter Grinding Machine Market Drivers

Expansion of End-User Industries

The CNC Tool and Cutter Grinding Machine Market is experiencing growth due to the expansion of end-user industries such as aerospace, automotive, and electronics. These sectors are increasingly investing in advanced manufacturing technologies to meet rising consumer demands and improve production efficiency. For instance, the aerospace industry is projected to grow at a CAGR of 4.5% through 2027, driving the need for high-precision cutting tools. As these industries expand, the demand for CNC tool and cutter grinding machines is likely to increase, as they are essential for producing the high-quality tools required for complex manufacturing processes. Furthermore, the ongoing trend towards lightweight materials in automotive and aerospace applications necessitates the use of specialized cutting tools, further fueling the market for CNC grinding machines.

Growth of Automation in Manufacturing

The CNC Tool and Cutter Grinding Machine Market is significantly influenced by the ongoing growth of automation in manufacturing processes. As companies strive to enhance productivity and reduce operational costs, the adoption of automated systems becomes increasingly prevalent. According to recent data, the automation market is projected to grow at a compound annual growth rate of 9% through 2027. This shift towards automation necessitates the use of advanced CNC grinding machines that can operate with minimal human intervention while maintaining high levels of precision. The ability to automate tool grinding machinery processes not only improves efficiency but also reduces the likelihood of human error, thereby enhancing product quality. As a result, manufacturers are increasingly investing in CNC tool and cutter grinding machines to remain competitive in an automated landscape.

Rising Demand for Precision Engineering

The CNC Tool and Cutter Grinding Machine Market experiences a notable surge in demand for precision engineering across various sectors, including aerospace, automotive, and medical devices. As industries increasingly prioritize accuracy and efficiency, the need for high-quality cutting tools becomes paramount. This trend is reflected in the projected growth of the CNC tool market, which is expected to reach USD 5 billion by 2026. The ability of CNC machines to produce intricate designs with minimal human intervention enhances their appeal, thereby driving market expansion. Furthermore, the integration of advanced software solutions with CNC machines allows for real-time monitoring and adjustments, further solidifying their role in precision engineering. Consequently, manufacturers are investing in CNC tool and cutter grinding machines to meet the evolving demands of precision-driven industries.

Emergence of Smart Manufacturing Technologies

The CNC Tool and Cutter Grinding Machine Market is being reshaped by the emergence of smart manufacturing technologies, which integrate the Internet of Things (IoT) and artificial intelligence (AI) into production processes. These technologies enable real-time data collection and analysis, allowing manufacturers to optimize their operations and improve decision-making. The smart manufacturing market is anticipated to grow significantly, with estimates suggesting a value of USD 400 billion by 2025. As manufacturers adopt these technologies, the demand for CNC tool and cutter grinding machines equipped with smart capabilities is likely to increase. Such machines can provide predictive maintenance alerts, reducing downtime and enhancing overall productivity. This trend towards smart manufacturing not only improves operational efficiency but also positions companies to respond swiftly to market changes.

Increasing Focus on Tool Life and Performance

The CNC Tool and Cutter Grinding Machine Market is witnessing a growing emphasis on tool life and performance, driven by the need for cost-effective manufacturing solutions. As industries face rising material costs and competitive pressures, the longevity and efficiency of cutting tools become critical factors. Recent studies indicate that extending tool life by just 20% can lead to substantial cost savings for manufacturers. This trend encourages the adoption of advanced CNC grinding machines that can produce high-performance tools with enhanced durability. Additionally, the integration of innovative materials and coatings in tool manufacturing further supports this focus on performance. Consequently, manufacturers are increasingly turning to CNC tool and cutter grinding machines to optimize tool life and ensure consistent performance in demanding applications.

Market Segment Insights

CNC Tool and Cutter Grinding Machine Type Insights

The global CNC Tool and Cutter Grinding Machine market segmentation, based on Type, includes Tool & Cutter Grinding Machine, Universal Grinding Machine, and Blank and Cylindrical Grinding Machines. Universal grinding machine segment accounted for the largest revenue share in 2022. In a number of sectors, universal grinding machines are generally employed in metal grinding processes. Materials with considerable market use in the CNC machine market include solid carbide and polycrystalline diamond. The global market for milling machine tools has been sparked by the favourable development of the metalworking process sectors.

CNC Tool and Cutter Grinding Machine Application Insights

The global CNC Tool and Cutter Grinding Machine market segmentation, based on Application, includes Electrical and Electronics Manufacturing, Aerospace & Defense, and Automotive. Automotive segment dominated the global CNC Tool and Cutter Grinding Machine market in 2022.It is anticipated that the CNC machinery industry would grow as a result of the increased demand for high performance in sophisticated cutting and grinding machine goods. The growing demand for high accuracy, low operating costs, and technical advancements in production processes are all factors that are boosting the use of CNC machine tools.

Additionally, the market for CNC tool and cutter grinding machines is positively affected by the rise in demand across industries, particularly in the automotive sectors.

Figure 1: Global CNC Tool and Cutter Grinding Machine Market, by Application, 2023 & 2032 (USD Billion) 

Get more detailed insights about CNC Tool Cutter Grinding Machine Market

Regional Insights

North America : Manufacturing Powerhouse

North America is witnessing robust growth in the CNC Tool and Cutter Grinding Machine market, driven by advancements in manufacturing technologies and increasing demand for precision tools. The United States holds the largest market share at approximately 60%, followed by Canada at around 25%. Regulatory support for advanced manufacturing practices is further catalyzing this growth, with initiatives aimed at enhancing productivity and innovation. The competitive landscape is dominated by key players such as Haas Automation and FANUC, which are leading the charge in technological advancements. The presence of established manufacturers and a strong focus on R&D are propelling the market forward. Additionally, the region benefits from a skilled workforce and a well-developed supply chain, making it a hub for CNC machining technologies.

Europe : Innovation and Sustainability

Europe is emerging as a significant player in the CNC Tool and Cutter Grinding Machine market, driven by a strong emphasis on innovation and sustainability. Germany leads the market with a share of approximately 40%, followed by Italy at around 20%. The European Union's regulations promoting energy efficiency and sustainable manufacturing practices are key drivers of market growth, fostering a competitive environment for technological advancements. Leading countries like Germany and Italy are home to major manufacturers such as Walter and Schütte, which are at the forefront of CNC technology. The competitive landscape is characterized by a mix of established players and innovative startups, all striving to meet the increasing demand for high-precision tools. The region's focus on research and development is further enhancing its position in the global market.

Asia-Pacific : Emerging Market Dynamics

The Asia-Pacific region is rapidly becoming a powerhouse in the CNC Tool and Cutter Grinding Machine market, driven by industrialization and increasing demand for automation. China holds the largest market share at approximately 50%, followed by Japan at around 20%. Government initiatives aimed at boosting manufacturing capabilities and technological advancements are significant growth catalysts, creating a favorable environment for CNC machine adoption. Countries like China, Japan, and South Korea are leading the charge, with major players such as Okuma and JTEKT making substantial investments in R&D. The competitive landscape is evolving, with a mix of local and international companies vying for market share. The region's focus on enhancing manufacturing efficiency and precision is propelling the demand for advanced CNC technologies, making it a key area for future growth.

Middle East and Africa : Resource-Rich Opportunities

The Middle East and Africa (MEA) region is gradually emerging in the CNC Tool and Cutter Grinding Machine market, driven by resource-rich economies and increasing investments in manufacturing. The United Arab Emirates and South Africa are the leading markets, collectively holding around 30% of the regional share. Government initiatives aimed at diversifying economies and enhancing industrial capabilities are fostering growth in this sector, creating opportunities for CNC technology adoption. Countries like the UAE and South Africa are witnessing a rise in manufacturing activities, with local players and international companies establishing a presence. The competitive landscape is characterized by a growing number of manufacturers and suppliers, all aiming to meet the rising demand for precision tools. As the region continues to invest in infrastructure and technology, the CNC market is poised for significant growth in the coming years.

CNC Tool Cutter Grinding Machine Market Regional Image

Key Players and Competitive Insights

The CNC Tool and Cutter Grinding Machine Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for precision engineering across various sectors. Key players such as ANCA (Australia), Walter (Germany), and FANUC (Japan) are at the forefront, each adopting distinct strategies to enhance their market positioning. ANCA (Australia) focuses on innovation, particularly in software development for its machines, which allows for greater customization and efficiency. Meanwhile, Walter (Germany) emphasizes regional expansion, having recently increased its presence in Asia to tap into the growing manufacturing base there. FANUC (Japan) is heavily investing in automation and AI integration, which not only streamlines operations but also enhances the capabilities of their grinding machines, thereby shaping a competitive environment that prioritizes technological superiority.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market appears moderately fragmented, with several players vying for market share, yet the collective influence of major companies like KUKA (Germany) and Okuma (Japan) is significant. These firms are leveraging their global networks to enhance operational efficiencies and meet localized demands, which further complicates the competitive structure.

In August 2025, KUKA (Germany) announced a strategic partnership with a leading AI firm to develop smart grinding solutions that integrate machine learning capabilities. This move is likely to position KUKA as a pioneer in the smart manufacturing space, allowing for predictive maintenance and enhanced operational efficiency. Such innovations could redefine customer expectations and set new benchmarks in the industry.

In September 2025, Haas Automation (United States) unveiled a new line of CNC grinding machines that incorporate advanced user interfaces and automation features. This launch is significant as it reflects the growing trend towards user-friendly technology, which may attract a broader customer base, particularly among smaller manufacturers looking to enhance their capabilities without extensive training.

In October 2025, JTEKT (Japan) revealed its plans to invest in sustainable manufacturing practices, including the use of eco-friendly materials in its grinding machines. This initiative not only aligns with The CNC Tool and Cutter Grinding Machine, potentially appealing to environmentally conscious consumers.

As of October 2025, the CNC Tool and Cutter Grinding Machine Market is witnessing trends that emphasize digitalization, sustainability, and AI integration. Strategic alliances are becoming increasingly important, as companies seek to combine their strengths to innovate and enhance their offerings. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, reliability in supply chains, and sustainable practices, indicating a shift towards a more sophisticated competitive landscape.

Key Companies in the CNC Tool Cutter Grinding Machine Market market include

Industry Developments

February 2023: Intermaq, a major player in the Mexican machine tool market, has been added to United Grinding North America's distribution network. The precise CNC grinding industry in Mexico will grow thanks to Intermaq, who will represent the whole United Grinding North America equipment line.

Future Outlook

CNC Tool Cutter Grinding Machine Market Future Outlook

The CNC Tool and Cutter Grinding Machine Market is projected to grow at a 3.89% CAGR from 2024 to 2035, driven by technological advancements and increasing automation in manufacturing.

New opportunities lie in:

  • Expansion into emerging markets with tailored solutions
  • Development of AI-driven grinding optimization software
  • Partnerships for integrated manufacturing solutions with IoT capabilities

By 2035, the market is expected to achieve robust growth, reflecting evolving industry demands.

Market Segmentation

CNC Tool Cutter Grinding Machine Market Type Outlook

  • Tool & Cutter Grinding Machine
  • Universal Grinding Machine
  • Blank and Cylindrical Grinding Machines

CNC Tool Cutter Grinding Machine Market Application Outlook

  • Electrical and Electronics Manufacturing
  • Aerospace & Defense
  • Automotive

Report Scope

MARKET SIZE 2024 4.49(USD Billion)
MARKET SIZE 2025 4.665(USD Billion)
MARKET SIZE 2035 6.834(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.89% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Market analysis in progress
Segments Covered Market segmentation analysis in progress
Key Market Opportunities Integration of automation and artificial intelligence in CNC Tool and Cutter Grinding Machine Market enhances efficiency and precision.
Key Market Dynamics Technological advancements drive competitive dynamics in the CNC Tool and Cutter Grinding Machine market, enhancing precision and efficiency.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Pradeep Nandi
Senior Research Analyst

I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

Leave a Comment

FAQs

What is the projected market valuation of the CNC Tool and Cutter Grinding Machine Market by 2035?

The projected market valuation for the CNC Tool and Cutter Grinding Machine Market is 6.834 USD Billion by 2035.

What was the overall market valuation of the CNC Tool and Cutter Grinding Machine Market in 2024?

The overall market valuation of the CNC Tool and Cutter Grinding Machine Market was 4.49 USD Billion in 2024.

What is the expected CAGR for the CNC Tool and Cutter Grinding Machine Market during the forecast period 2025 - 2035?

The expected CAGR for the CNC Tool and Cutter Grinding Machine Market during the forecast period 2025 - 2035 is 3.89%.

Which companies are considered key players in the CNC Tool and Cutter Grinding Machine Market?

Key players in the CNC Tool and Cutter Grinding Machine Market include ANCA, Walter, KUKA, FANUC, Schütte, Okuma, Haas Automation, TOS, and JTEKT.

What are the projected valuations for the Tool & Cutter Grinding Machine segment by 2035?

The projected valuation for the Tool & Cutter Grinding Machine segment is expected to reach 2.3 USD Billion by 2035.

How does the Universal Grinding Machine segment's valuation change from 2024 to 2035?

The Universal Grinding Machine segment's valuation is projected to increase from 1.2 USD Billion in 2024 to 1.8 USD Billion by 2035.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions