Market Overview:
The global CNC milling machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CNC milling machines from various end-use industries, such as automobile industry, equipment manufacturing, and others. In terms of type, the horizontal type segment is expected to hold a major share of the global CNC milling machines market during the forecast period. This can be attributed to its high accuracy and efficiency in machining operations as compared to other types of mills.
Product Definition:
CNC milling machines are used to create three-dimensional objects from metal, plastic or other materials. The objects are created by removing material from a block of material using a rotating cutter. CNC milling machines can be used to create a wide variety of parts for products ranging from automobiles to medical implants.
Horizontal:
Horizontal movement is the component of a machine that moves in the horizontal plane. Horizontal movement can be classified into two types: fixed and moving. The most common type of horizontal milling machines are fixed-axis machines, also known as table-mounted mills or vertical mills; these have a stationary headstock on which is mounted the spindle, usually directly attached to a shaft by means of an universal joint.
Vertical:
Vertical is the term used for a tool or work piece that is at or near vertical (90 degrees) to the horizontal plane. The most common example of vertical tools are milling machines, which have numerous cutting tools mounted in a device above their head. Vertical machining allows for shorter work pieces and reduces material wastage as there are fewer components in the machine’s way.
Application Insights:
The equipment manufacturing segment dominated the global market in 2017. The growth of this segment can be attributed to the growing demand for metal cutting machines in various industries, such as construction, aerospace and defense. Furthermore, increasing demand for precision machined parts and components is expected to fuel the product demand over the forecast period.
Automobile manufacturers are increasingly using these machines to reduce production costs while enhancing product quality and reliability. Moreover, reducing weight of a vehicle reduces its aerodynamic drag which results in increased fuel efficiency and reduced pollution levels which will further increase adoption rate of these machines among automobile manufacturers globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, and Japan. These countries are witnessing strong economic growth owing to various factors such as increasing population, rising disposable income of consumers and businesses alike, technological advancements & innovations in product design & development processes coupled with low production cost.
The Asia Pacific regional market has observed a significant increase in demand for CNC mills from end-user industries including automotive (upcoming vehicle manufacturing plants), aerospace/ defense (upcoming aircraft manufacturing plants) along with other metal cutting applications across numerous industries due to growing industrialization coupled with infrastructure development activities within these regions which will drive the demand further over the next eight years.
Growth Factors:
- Increasing demand for miniaturization in electronic devices: The global CNC milling machines market is expected to grow at a significant pace during the forecast period, owing to the increasing demand for miniaturization in electronic devices. With the advancement of technology, there is an increase in the demand for smaller and faster electronic devices. This has led to a rise in the adoption of CNC milling machines by electronics manufacturers across the globe.
- Rising popularity of 3D printing: The global CNC milling machines market is also witnessing a rise in its popularity due to 3D printing technology. 3D printing offers various advantages such as low cost, high accuracy, and quick turnaround time as compared to traditional manufacturing processes such as machining and molding. This has led to an increase in the adoption of 3D printers by various industries across the globe, which is subsequently fueling growth ofthe global CNC milling machines market duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
CNC Milling Machines Market Research Report
By Type
Horizontal, Vertical, Universal
By Application
Automobile Industry, Equipment Manufacturing, Other
By Companies
Dufieux Industrie, F. Zimmermann Gmbh, Gf Machining Solutions, Haas Automation, Hamuel Maschinenbau Gmbh & Co. Kg, Huron Graffenstaden, Ingersoll Machine Tools, Innse-Berardi Spa, Le Creneau Industriel, Lgb Machines, M.Torres Disenos Industriales S.A.U, Mollart Engineering Limited, Parpas Spa, Pietro Carnaghi S.P.A, Starrag Ag, West Coast Industries Europe, Wfl Millturn Technologies Gmbh & Co Kg
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global CNC Milling Machines Market Report Segments:
The global CNC Milling Machines market is segmented on the basis of:
Types
Horizontal, Vertical, Universal
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
Automobile Industry, Equipment Manufacturing, 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:
- Dufieux Industrie
- F. Zimmermann Gmbh
- Gf Machining Solutions
- Haas Automation
- Hamuel Maschinenbau Gmbh & Co. Kg
- Huron Graffenstaden
- Ingersoll Machine Tools
- Innse-Berardi Spa
- Le Creneau Industriel
- Lgb Machines
- M.Torres Disenos Industriales S.A.U
- Mollart Engineering Limited
- Parpas Spa
- Pietro Carnaghi S.P.A
- Starrag Ag
- West Coast Industries Europe
- Wfl Millturn Technologies Gmbh & Co Kg
Highlights of The CNC Milling Machines 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:
- Horizontal
- Vertical
- Universal
- By Application:
- Automobile Industry
- Equipment Manufacturing
- 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 Milling Machines 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
CNC milling machines are computer-controlled machines that use rotary or linear cutting tools to create parts from a variety of materials. They can be used for a wide range of applications, including manufacturing, engineering, and hobbyist projects.
Some of the key players operating in the cnc milling machines market are Dufieux Industrie, F. Zimmermann Gmbh, Gf Machining Solutions, Haas Automation, Hamuel Maschinenbau Gmbh & Co. Kg, Huron Graffenstaden, Ingersoll Machine Tools, Innse-Berardi Spa, Le Creneau Industriel, Lgb Machines, M.Torres Disenos Industriales S.A.U, Mollart Engineering Limited, Parpas Spa, Pietro Carnaghi S.P.A, Starrag Ag, West Coast Industries Europe, Wfl Millturn Technologies Gmbh & Co Kg.
The cnc milling machines market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. CNC Milling Machines 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 Milling Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. CNC Milling Machines Market - Supply Chain
4.5. Global CNC Milling Machines Market Forecast
4.5.1. CNC Milling Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. CNC Milling Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. CNC Milling Machines Market Absolute $ Opportunity
5. Global CNC Milling Machines 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 Milling Machines Market Size and Volume Forecast by Type
5.3.1. Horizontal
5.3.2. Vertical
5.3.3. Universal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global CNC Milling Machines 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 Milling Machines Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Equipment Manufacturing
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global CNC Milling Machines 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 Milling Machines 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 Milling Machines 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 Milling Machines 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 Milling Machines Demand Share Forecast, 2019-2026
9. North America CNC Milling Machines 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 Milling Machines 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 Milling Machines Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Equipment Manufacturing
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America CNC Milling Machines Market Size and Volume Forecast by Type
9.7.1. Horizontal
9.7.2. Vertical
9.7.3. Universal
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 Milling Machines Demand Share Forecast, 2019-2026
10. Latin America CNC Milling Machines 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 Milling Machines 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 Milling Machines Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Equipment Manufacturing
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America CNC Milling Machines Market Size and Volume Forecast by Type
10.7.1. Horizontal
10.7.2. Vertical
10.7.3. Universal
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 Milling Machines Demand Share Forecast, 2019-2026
11. Europe CNC Milling Machines 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 Milling Machines 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 Milling Machines Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Equipment Manufacturing
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe CNC Milling Machines Market Size and Volume Forecast by Type
11.7.1. Horizontal
11.7.2. Vertical
11.7.3. Universal
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Milling Machines Demand Share, 2019-2026
12. Asia Pacific CNC Milling Machines 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 Milling Machines 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 Milling Machines Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Equipment Manufacturing
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific CNC Milling Machines Market Size and Volume Forecast by Type
12.7.1. Horizontal
12.7.2. Vertical
12.7.3. Universal
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 Milling Machines Demand Share, 2019-2026
13. Middle East & Africa CNC Milling Machines 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 Milling Machines 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 Milling Machines Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Equipment Manufacturing
13.4.3. 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 Milling Machines Market Size and Volume Forecast by Type
13.7.1. Horizontal
13.7.2. Vertical
13.7.3. Universal
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 Milling Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global CNC Milling Machines Market: Market Share Analysis
14.2. CNC Milling Machines Distributors and Customers
14.3. CNC Milling Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dufieux Industrie
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. F. Zimmermann Gmbh
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gf Machining Solutions
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Haas Automation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hamuel Maschinenbau Gmbh & Co. Kg
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huron Graffenstaden
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ingersoll Machine Tools
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Innse-Berardi Spa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Le Creneau Industriel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lgb Machines
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. M.Torres Disenos Industriales S.A.U
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mollart Engineering Limited
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Parpas Spa
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Pietro Carnaghi S.P.A
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Starrag Ag
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. West Coast Industries Europe
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Wfl Millturn Technologies Gmbh & Co Kg
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