Market Overview:
The global computer numerical control (CNC) machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CNC machines from various end-use industries, such as automotive, aerospace & defense, construction equipment, power & energy and industrial. In addition, the growing adoption of advanced technologies in CNC machines is also contributing to the growth of this market. Based on type, the global computer numerical control (CNC) machine market can be segmented into lathe machines, milling machines, laser machines Grinding Machines Welding Machines Winding Machines and others. Among these segments Lathe Machine held a dominant position in 2017 and is expected to maintain its dominance during the forecast period as well owing to its wide applications across various end-use industries.
Product Definition:
Computer Numerical Control (CNC) Machine is a device that uses computer to control the motion of tools and machines. It helps in producing accurate and consistent results.
Lathe Machines:
Lathe machines are used to cut a workpiece by rotating it. Lathe is one of the oldest manufacturing technology still in use today. It is mainly used for turning, drilling, cutting and grinding workpieces. The machine consists of a rotary table mounted on an axis which rotates around its central vertical axis. This allows the rotation of different parts or pieces at different speeds and also helps in providing accuracy while performing operations such as drilling, cutting or milling etc.
Milling Machines:
Milling machines are used in CNC machine tools to create the cuts required in various components. The basic function of milling machines is to cut a workpiece by rotating it and grindingers do just that, they grind or pulverize the material until the desired dimensions are achieved.
The two types of mills include vertical.
Application Insights:
The demand for the global computer numerical control machine has witnessed a paradigm shift due to the growing need for precision in manufacturing. The automotive sector was one of the major consumers of these machines, owing to high requirements on precision and tolerance in manufacturing parts. In addition, growth in this sector is also attributed to increasing use of CNC machines by component manufacturers as they offer flexibility and efficiency while designing and producing complex components with tight tolerances.
Automotive was followed by construction equipment which accounted for over 15% of the overall revenue share in 2017 owing to rising demand from end users such as excavators, loaders & compactors, dragline excavators among others who require highly precise gears & other related products manufactured using CNC technology. Moreover, aerospace & defense industry is anticipated to witness significant growth over the forecast period on account of rapidly growing production rates across various countries including China Japan Russia India U.S.
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 some of the major economies, such as China, Japan, India, and South Korea. It also has a well-established manufacturing sector that benefits from low labor costs and favorable government policies aimed at encouraging domestic manufacturing activities. Moreover, rapid industrialization coupled with increasing per capita income levels in emerging economies of Asia Pacific are expected to boost demand for computer numerical control machines over the forecast period.
The European market held a significant share in terms of revenue owing to early adoption by several prominent players across Germany and Italy along with presence of leading automotive manufacturers including Daimler AG; Ferrari S.p.A.; Fiat Chrysler Automobiles N.V.; BMW AG; Mercedes-Benz AMB B Class Car Company LLC; Volkswagen Group GmbH; FCA Italy SPA; PSA Peugeot Citroen Total SA.
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 3D printing technology, which requires use of CNC machines for manufacturing prototypes and final products.
- Technological advancements in CNC machine design that are making them more efficient, faster, and easier to operate than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Computer Numerical Control (CNC) Machine Market Research Report
By Type
Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others
By Application
Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial, Others
By Companies
Amada, Fanuc, DMG Mori, DMTG, Haas Automation, SMTCL, Hurco, Yamazaki Mazak
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Computer Numerical Control (CNC) Machine Market Report Segments:
The global Computer Numerical Control (CNC) Machine market is segmented on the basis of:
Types
Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others
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, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial, Others
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:
- Amada
- Fanuc
- DMG Mori
- DMTG
- Haas Automation
- SMTCL
- Hurco
- Yamazaki Mazak
Highlights of The Computer Numerical Control (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:
- Lathe Machines
- Milling Machines
- Laser Machines
- Grinding Machines
- Welding Machines
- Winding Machines
- Others
- By Application:
- Automotive
- Aerospace & Defense
- Construction Equipment
- Power & Energy
- Industrial
- Others
- 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 Computer Numerical Control (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 computer numerical control machine (CNC) is a machine that controls the movement of a tool or other object by means of instructions sent to it from a computer.
Some of the major companies in the computer numerical control (cnc) machine market are Amada, Fanuc, DMG Mori, DMTG, Haas Automation, SMTCL, Hurco, Yamazaki Mazak.
The computer numerical control (cnc) machine market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Computer Numerical Control (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. Computer Numerical Control (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. Computer Numerical Control (CNC) Machine Market - Supply Chain
4.5. Global Computer Numerical Control (CNC) Machine Market Forecast
4.5.1. Computer Numerical Control (CNC) Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Computer Numerical Control (CNC) Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Computer Numerical Control (CNC) Machine Market Absolute $ Opportunity
5. Global Computer Numerical Control (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. Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Type
5.3.1. Lathe Machines
5.3.2. Milling Machines
5.3.3. Laser Machines
5.3.4. Grinding Machines
5.3.5. Welding Machines
5.3.6. Winding Machines
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Computer Numerical Control (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. Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace & Defense
6.3.3. Construction Equipment
6.3.4. Power & Energy
6.3.5. Industrial
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Computer Numerical Control (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. Computer Numerical Control (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 Computer Numerical Control (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. Computer Numerical Control (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 Computer Numerical Control (CNC) Machine Demand Share Forecast, 2019-2029
9. North America Computer Numerical Control (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 Computer Numerical Control (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 Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace & Defense
9.4.3. Construction Equipment
9.4.4. Power & Energy
9.4.5. Industrial
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Type
9.7.1. Lathe Machines
9.7.2. Milling Machines
9.7.3. Laser Machines
9.7.4. Grinding Machines
9.7.5. Welding Machines
9.7.6. Winding Machines
9.7.7. Others
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 Computer Numerical Control (CNC) Machine Demand Share Forecast, 2019-2029
10. Latin America Computer Numerical Control (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 Computer Numerical Control (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 Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace & Defense
10.4.3. Construction Equipment
10.4.4. Power & Energy
10.4.5. Industrial
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Type
10.7.1. Lathe Machines
10.7.2. Milling Machines
10.7.3. Laser Machines
10.7.4. Grinding Machines
10.7.5. Welding Machines
10.7.6. Winding Machines
10.7.7. Others
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 Computer Numerical Control (CNC) Machine Demand Share Forecast, 2019-2029
11. Europe Computer Numerical Control (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 Computer Numerical Control (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 Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace & Defense
11.4.3. Construction Equipment
11.4.4. Power & Energy
11.4.5. Industrial
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Appliction
11.7. Europe Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Type
11.7.1. Lathe Machines
11.7.2. Milling Machines
11.7.3. Laser Machines
11.7.4. Grinding Machines
11.7.5. Welding Machines
11.7.6. Winding Machines
11.7.7. Others
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 Computer Numerical Control (CNC) Machine Demand Share, 2019-2029
12. Asia Pacific Computer Numerical Control (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 Computer Numerical Control (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 Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace & Defense
12.4.3. Construction Equipment
12.4.4. Power & Energy
12.4.5. Industrial
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Type
12.7.1. Lathe Machines
12.7.2. Milling Machines
12.7.3. Laser Machines
12.7.4. Grinding Machines
12.7.5. Welding Machines
12.7.6. Winding Machines
12.7.7. Others
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 Computer Numerical Control (CNC) Machine Demand Share, 2019-2029
13. Middle East & Africa Computer Numerical Control (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 Computer Numerical Control (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 Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace & Defense
13.4.3. Construction Equipment
13.4.4. Power & Energy
13.4.5. Industrial
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Computer Numerical Control (CNC) Machine Market Size and Volume Forecast by Type
13.7.1. Lathe Machines
13.7.2. Milling Machines
13.7.3. Laser Machines
13.7.4. Grinding Machines
13.7.5. Welding Machines
13.7.6. Winding Machines
13.7.7. Others
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 Computer Numerical Control (CNC) Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Computer Numerical Control (CNC) Machine Market: Market Share Analysis
14.2. Computer Numerical Control (CNC) Machine Distributors and Customers
14.3. Computer Numerical Control (CNC) Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amada
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fanuc
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. DMTG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Haas Automation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SMTCL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hurco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yamazaki Mazak
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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