Global Computer Numerical Control (CNC) Machine Market Segmentation, By Type (Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others), Application (Machinery Manufacturing, Automobiles, Electronics, Healthcare, Aerospace and Defense), End-Use (Automotive, Aerospace and Defense, Construction Equipment, Power and Energy, Industrial, Others) - Industry Trends and Forecast to 2032
Computer Numerical Control (CNC) Machine Market Analysis
Computer numerical control (CNC) machine is known to be one of the most suitable machine in the woodwork industry. The CNC machine is beneficial in the woodwork industry owing to its smooth working-ability and craftsmanship in manufacturing pieces. The automation machine assists in the end use industries to enhance the efficiency and reduce labour cost.
Computer Numerical Control (CNC) Machine Market Size
Global computer numerical control (CNC) market size was valued at USD 87.46 billion in 2024 and is projected to reach USD 197.23 billion by 2032, with a CAGR of 10.70% during the forecast period of 2025 to 2032.
Report Scope and Market Segmentation
Attributes
|
Computer Numerical Control (CNC) Machine Key Market Insights
|
Segmentation
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
|
Key Market Players
|
AMADA MACHINE TOOLS CO., LTD. (Japan), Amera-Seiki Corporation (US), DMG MORI CO., LTD. (Japan), SCM Group (Italy), General Technology Group Dalian Machine Tool Corporation (China), DATRON (Germany), FANUC CORPORATION (Japan), Haas Automation, Inc (US), Hurco Companies, Inc. (US), Okuma Corporation (Japan), Yamazaki Mazak Corporation (Japan), Shenyang Machine Tools Co.,Ltd. (China), Ellison Technologies, Inc. (US), The Lincoln Electric Company (US), Fagor Automation (Spain), GSK CNC EQUIPMENT CO.,LTD. (China), HEIDENHAIN (Germany), MAG IAS GmbH (Germany), JTEKT Corporation (Japan), GF Machining Solutions Management SA (Switzerland), and Hyundai WIA (South Korea), among others
|
Market Opportunities
|
|
Computer Numerical Control (CNC) Machine Market Definition
Computer Numerical Control (CNC) machines are manufacturing equipment that is equipped with a microprocessor or a computer acting as a controller of that particular machinery. The particular manufacturing instructions are directly inserted in the controlling processor which consists of the different pre-defined programs of manufacturing. The tools equipped with the machinery are lathe, milling, drilling and various others.
Computer Numerical Control (CNC) Machine Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers:
- Demand for Various Industrial Devices and Equipment
The increase in demand for numerous industrial devices and equipment, including medical devices, telecom communication devices, semiconductor production equipment and electric vehicles (EV) is one of the major factors driving the growth of computer numerical control (CNC) machine market.
- Demand for EV Productions
The rise in demand for five-axis mill machines and ultra-precision machines that are crucial for addressing the needs for electric vehicles (EV) productions accelerate the market growth.
- Popularity of Automated CNC Systems
The increase in the preference for Automated CNC systems integrated with industrial robots further influence the market. These systems feature simulation software to enhance production, address the lack of skilled labourers and maximize the production output.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the computer numerical control (CNC) machine market.
Opportunities
Furthermore, advancements in the computer numerical control (CNC) machine and its components extend profitable opportunities to the market players in the forecast period of 2025 to 2032. Also, surge in investments will further expand the market.
Restraints/Challenges
On the other hand, high cost associated with the purchasing of these machines as well as the costs associated with their maintenance are expected to obstruct market growth. Also, shortage of semiconductors used in CNC machines and fluctuation in the prices of raw material are projected to challenge the computer numerical control (CNC) machine market in the forecast period of 2025-2032.
This computer numerical control (CNC) machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on computer numerical control (CNC) machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Computer Numerical Control (CNC) Machine Market Scope
The computer numerical control (CNC) machine market is segmented on the basis of type, application and end-use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Lathe Machines
- Milling Machines
- Laser Machines
- Grinding Machines
- Welding Machines
- Winding Machines
- Others
Application
- Machinery Manufacturing
- Automobiles
- Electronics
- Healthcare
- Aerospace and Defense
End-Use
- Automotive
- Aerospace and Defense
- Construction Equipment
- Power and Energy
- Industrial
- Others
Computer Numerical Control (CNC) Machine Market Regional Analysis
The computer numerical control (CNC) machine market is analyzed and market size insights and trends are provided by country, type, application and end-use as referenced above.
The countries covered in the computer numerical control (CNC) machine market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
Asia-Pacific dominates the computer numerical control (CNC) machine market because of the surge in manufacturing outsourcing services for industrial equipment within the region.
Europe is expected to witness significant growth during the forecast period of 2025 to 2032 because of the rise in investment in automation to enhance the efficiency of their CNC machines in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Computer Numerical Control (CNC) Machine Market Share
The computer numerical control (CNC) machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to computer numerical control (CNC) machine market.
Computer Numerical Control (CNC) Machine Market Leaders Operating in the Market Are:
- AMADA MACHINERY CO., LTD. (Japan)
- Amera-Seiki Corporation (US)
- DMG MORI. (Japan)
- SCM Group (Italy)
- General Technology Group Dalian Machine Tool Corporation (China)
- DATRON (Germany)
- FANUC CORPORATION (Japan)
- Haas Automation, Inc (US)
- Hurco Companies, Inc. (US)
- Okuma Corporation (Japan)
- Yamazaki Mazak Corporation (Japan)
- Shenyang Machine Tools Co.,Ltd. (China)
- Ellison Technologies, Inc. (US)
- The Lincoln Electric Company (US)
- Fagor AutomationSpain)
- GSK CNC EQUIPMENT CO.,LTD. (China)
- HEIDENHAIN (Germany)
- MAG IAS GmbH (Germany)
- JTEKT Corporation (Japan)
- GF Machining Solutions Management SA (Switzerland)
- HYUNDAI WIA CORP. (South Korea)
Latest Developments in Computer Numerical Control (CNC) Machine Market
- Siemens showcased their latest software version, NCU-SW 6.14 in October’2020. Especially for the CNC Sinumerik One, three technology packages were launched, including One Dynamics 3-axis milling, are One Dynamics Operate, and One Dynamics 5-axis milling.
- Hurco Companies introduced three new models of CNC turning centers in June’2020. These centers are equipped with live tooling in the turret. The purpose behind the development of TM Mi XP range was to ensure that the driven tool milling runs accurately and smoothly.
SKU-