Market Overview:
The global CNC machine market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for precision machining and automation across various industries, such as automotive, aviation, shipbuilding, and others. In terms of type, the CNC lathe segment is expected to hold the largest share of the global CNC machine market during the forecast period. This can be attributed to its ability to produce high-precision parts with tight tolerances and low cycle times. In terms of application,the automotive segment is expectedto holdthe largest shareof th eglobalC NCmachine marketduringth eforecastperiod .
Product Definition:
A CNC machine is a computer-controlled device that uses cutting tools to create objects from metal, plastic, or other materials. It is important because it allows for precise and consistent results with minimal human input.
CNC Lathes:
CNC Lathes are used to cut the material in a controlled manner. It can be used for turning, drilling, facing and chambering among other operations. CNC lathes have high accuracy and speed which helps in producing high quality parts with reduced errors. The technology is evolving continuously owing to the need for improvement of machining processes across various industries such as automotive & transportation, aerospace & defense among others.
CNC Machining Center:
CNC machining center is computer-controlled machine tool that uses digital data to control the cutting tools and workpieces. CNC machines are used in industries such as automotive, aerospace & defense, medical equipment manufacturing, jewelry designing among others. The global CNC machine market was valued at USD 19 billion in 2015 and is expected to grow at a significant rate over the forecast period owing to its increasing demand across various industry verticals.
Application Insights:
The global market is segmented by application into automotive, aviation, ship and other applications. The automotive application segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. Automotive manufacturing accounts for a major share of global production owing to increasing demand from consumers worldwide.
Automotive manufacturers are increasingly using these machines to reduce costs associated with designing and developing new car models.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments by leading players in developing countries such as China, India, and Japan. In addition, rising demand for high-quality metal components from various end-use industries such as aerospace & defense, automotive is anticipated to drive regional market growth over the forecast period.
The Latin American region accounted for a significant share owing to increasing industrialization and modernization of manufacturing processes across several industries including automotive, shipbuilding & repair industry etc. Moreover, growing awareness regarding advanced technologies among users will drive regional CNC machine market demand over the next eight years.
Growth Factors:
- Increasing demand for CNC machines from the automotive and aerospace industries due to the need for high precision and accuracy.
- Rising demand for CNC machines from small-scale businesses due to their low cost of ownership and easy operability.
- Growing popularity of computer numerical control (CNC) machining as a manufacturing process owing to its ability to produce high-quality parts with tight tolerances.
- Technological advancements in CNC machine tools that are resulting in improved performance, higher efficiency, and reduced manufacturing costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
CNC Machine Market Research Report
By Type
CNC Lathes, CNC Machining Center, CNC Milling Machine, Other
By Application
Automotive, Aviation, Ship, Other
By Companies
MAZAK, TRUMPF, DMG MORI, Amada, MAG, KOMATSU, JTEKT, Okuma, Makino, Schuler, GF, HAAS, HURCO, Doosan, SMTCL, DMTG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global CNC Machine Market Report Segments:
The global CNC Machine market is segmented on the basis of:
Types
CNC Lathes, CNC Machining Center, CNC Milling Machine, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aviation, Ship, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MAZAK
- TRUMPF
- DMG MORI
- Amada
- MAG
- KOMATSU
- JTEKT
- Okuma
- Makino
- Schuler
- GF
- HAAS
- HURCO
- Doosan
- SMTCL
- DMTG
Highlights of The CNC Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CNC Lathes
- CNC Machining Center
- CNC Milling Machine
- Other
- By Application:
- Automotive
- Aviation
- Ship
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CNC Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A CNC machine is a computer-controlled machine that can create objects by cutting them out from a block of material.
Some of the major players in the cnc machine market are MAZAK, TRUMPF, DMG MORI, Amada, MAG, KOMATSU, JTEKT, Okuma, Makino, Schuler, GF, HAAS, HURCO, Doosan, SMTCL, DMTG.
The cnc machine market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. CNC Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. CNC Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. CNC Machine Market - Supply Chain
4.5. Global CNC Machine Market Forecast
4.5.1. CNC Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. CNC Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. CNC Machine Market Absolute $ Opportunity
5. Global CNC Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. CNC Machine Market Size and Volume Forecast by Type
5.3.1. CNC Lathes
5.3.2. CNC Machining Center
5.3.3. CNC Milling Machine
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global CNC Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. CNC Machine Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aviation
6.3.3. Ship
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global CNC Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. CNC Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global CNC Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. CNC Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global CNC Machine Demand Share Forecast, 2019-2029
9. North America CNC Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America CNC Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America CNC Machine Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aviation
9.4.3. Ship
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America CNC Machine Market Size and Volume Forecast by Type
9.7.1. CNC Lathes
9.7.2. CNC Machining Center
9.7.3. CNC Milling Machine
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America CNC Machine Demand Share Forecast, 2019-2029
10. Latin America CNC Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America CNC Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America CNC Machine Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aviation
10.4.3. Ship
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America CNC Machine Market Size and Volume Forecast by Type
10.7.1. CNC Lathes
10.7.2. CNC Machining Center
10.7.3. CNC Milling Machine
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America CNC Machine Demand Share Forecast, 2019-2029
11. Europe CNC Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe CNC Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe CNC Machine Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aviation
11.4.3. Ship
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe CNC Machine Market Size and Volume Forecast by Type
11.7.1. CNC Lathes
11.7.2. CNC Machining Center
11.7.3. CNC Milling Machine
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe CNC Machine Demand Share, 2019-2029
12. Asia Pacific CNC Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific CNC Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific CNC Machine Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aviation
12.4.3. Ship
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific CNC Machine Market Size and Volume Forecast by Type
12.7.1. CNC Lathes
12.7.2. CNC Machining Center
12.7.3. CNC Milling Machine
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific CNC Machine Demand Share, 2019-2029
13. Middle East & Africa CNC Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa CNC Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa CNC Machine Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aviation
13.4.3. Ship
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa CNC Machine Market Size and Volume Forecast by Type
13.7.1. CNC Lathes
13.7.2. CNC Machining Center
13.7.3. CNC Milling Machine
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa CNC Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global CNC Machine Market: Market Share Analysis
14.2. CNC Machine Distributors and Customers
14.3. CNC Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MAZAK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TRUMPF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DMG MORI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amada
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MAG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KOMATSU
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JTEKT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Okuma
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Makino
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schuler
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GF
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HAAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HURCO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Doosan
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SMTCL
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. DMTG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
