Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global CNC Machine Market by Type (CNC Lathes, CNC Machining Center, CNC Milling Machine, Other), By Application (Automotive, Aviation, Ship, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global CNC Machine Market by Type (CNC Lathes, CNC Machining Center, CNC Milling Machine, Other), By Application (Automotive, Aviation, Ship, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134819 3300 Machinery & Equipment 377 233 Pages 5 (48)

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 .

Global CNC Machine Industry Outlook

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


Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. MAZAK
  4. Amada
  5. MAG
  7. JTEKT
  8. Okuma
  9. Makino
  10. Schuler
  11. GF
  12. HAAS
  13. HURCO
  14. Doosan
  15. SMTCL
  16. DMTG

Global CNC Machine Market Overview

Highlights of The CNC Machine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. CNC Lathes
    2. CNC Machining Center
    3. CNC Milling Machine
    4. Other
  1. By Application:

    1. Automotive
    2. Aviation
    3. Ship
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global CNC Machine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. TRUMPF Overview Financials Developments Strategic Outlook
      14.4.3. DMG MORI Overview Financials Developments Strategic Outlook
      14.4.4. Amada Overview Financials Developments Strategic Outlook
      14.4.5. MAG Overview Financials Developments Strategic Outlook
      14.4.6. KOMATSU Overview Financials Developments Strategic Outlook
      14.4.7. JTEKT Overview Financials Developments Strategic Outlook
      14.4.8. Okuma Overview Financials Developments Strategic Outlook
      14.4.9. Makino Overview Financials Developments Strategic Outlook
      14.4.10. Schuler Overview Financials Developments Strategic Outlook
      14.4.11. GF Overview Financials Developments Strategic Outlook
      14.4.12. HAAS Overview Financials Developments Strategic Outlook
      14.4.13. HURCO Overview Financials Developments Strategic Outlook
      14.4.14. Doosan Overview Financials Developments Strategic Outlook
      14.4.15. SMTCL Overview Financials Developments Strategic Outlook
      14.4.16. DMTG Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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