Market Overview:
The global woodworking CNC routers 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 woodworking products, owing to their aesthetic appeal and durability. In addition, technological advancements in CNC routers are aiding in the growth of this market. Based on type, the global woodworking CNC routers market is segmented into industrial CNC routers and specialty CNC routers. The industrial segment is further sub-segmented into small-sized industrial CNC routers and large-sized industrial CNC routers. The specialty segment includes signmaking & lettering, moldmaking & diecutting, aerospace/defense applications, and other specialty applications segments.
Product Definition:
A Woodworking CNC Router is a computer-controlled machine that uses a router bit to cut shapes and designs into wood. They are often used in furniture making and cabinetry, as well as other carpentry work.
Industrial CNC Routers:
Industrial CNC routers are high-performance computerized machine tools that incorporate cutting edge technology and innovation. They are used in various applications such as metal fabrication, woodworking, stonecutting etc. to perform a wide range of functions from shaving to turning parts or whole components.
Industrial CNC routers have the ability to perform multiple tasks at the same time with accuracy and precision which is increasing their demand in industries such as automotive & transportation, aerospace & defense and construction among others.
Specialty CNC Routers:
A specialty cnc router is a tool that is used to cut and drill precise shapes and sizes. It's base consists of a table, which can be moved up or down, left or right, by means of handwheels or other controls. The workpiece is mounted on the table in any position and then the program can begin cutting.
Application Insights:
Plywood was the dominant application segment in the global woodworking CNC routers market, accounting for over 35% of the revenue share in 2017. The demand for plywood is expected to increase owing to its usage as a substrate for kitchen cabinets and bathroom vanities. Moreover, increasing use of plywood as a flooring material in residential applications is likely to propel growth over the forecast period.
Chipboard emerged as another significant application segment and accounted for 22% of total revenue share in 2017 owing to its low cost coupled with high strength properties that make it suitable for numerous applications including picture framing and packaging boxes among others. Increasing demand from various end-use industries such as construction, automotive & transportation along with growing popularity among designers are some factors responsible for chipboard's rapid growth over recent years.
Regional Analysis:
North America dominated the global woodworking CNC routers market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing demand for automation and technological advancement in manufacturing industries, especially in U.S., which has a high level of industrialization and is characterized by an advanced production technology.
Asia Pacific woodworking CNC routers market is anticipated to grow at a lucrative rate over the forecast period owing to rising number of manufacturers focusing on reducing production cost with minimal wastage, thereby enabling them produce goods at competitive prices within their respective countries thus making it an attractive regional market for global players looking forward investing capital into this industry with high growth potential.
The European Commission announced Horizon 2020 Strategy aimed towards promoting innovation throughout Europe by supporting cross-border research activities among universities.
Growth Factors:
- Increasing demand for customized woodworking products: The global woodworking CNC routers market is expected to grow at a CAGR of over 7% during the forecast period. This is owing to the increasing demand for customized woodworking products, which require high precision and accuracy.
- Rising popularity of digital fabrication: Woodworking CNC routers are being increasingly used in digital fabrication, which helps reduce wastage and improve product quality. This is expected to boost the growth of the global woodworking CNC routers market during the forecast period.
- Growing use of advanced technologies: Woodworking CNC routers are being increasingly used in advanced technologies such as 3D printing and CAD/CAM software, which helps improve product quality and accuracy while reducing manufacturing time and costs. This is likely to fuel the growth of the global woodworking CNC routers market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Woodworking CNC Routers Market Research Report
By Type
Industrial CNC Routers, Specialty CNC Routers
By Application
Plywood, Chipboard, MDF, HDF, Hardwood
By Companies
Biesse, Maxicam, FlexiCAM, ExelCNC, Thermwood, Laguna Tools, Tormach, MultiCam, AXYZ, C.R.Onsrud, Komo, ShopSabre, Heian, Shoda, Tommotek, ART, SolarIndustries
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Woodworking CNC Routers Market Report Segments:
The global Woodworking CNC Routers market is segmented on the basis of:
Types
Industrial CNC Routers, Specialty CNC Routers
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
Plywood, Chipboard, MDF, HDF, Hardwood
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:
- Biesse
- Maxicam
- FlexiCAM
- ExelCNC
- Thermwood
- Laguna Tools
- Tormach
- MultiCam
- AXYZ
- C.R.Onsrud
- Komo
- ShopSabre
- Heian
- Shoda
- Tommotek
- ART
- SolarIndustries
Highlights of The Woodworking CNC Routers 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:
- Industrial CNC Routers
- Specialty CNC Routers
- By Application:
- Plywood
- Chipboard
- MDF
- HDF
- Hardwood
- 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 Woodworking CNC Routers 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?
Woodworking CNC routers are machines that use computer-controlled axes to cut wood. They can be used for a variety of tasks, such as cutting boards, furniture pieces, and even entire projects.
Some of the major companies in the woodworking cnc routers market are Biesse, Maxicam, FlexiCAM, ExelCNC, Thermwood, Laguna Tools, Tormach, MultiCam, AXYZ, C.R.Onsrud, Komo, ShopSabre, Heian, Shoda, Tommotek, ART, SolarIndustries.
The woodworking cnc routers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Woodworking CNC Routers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Woodworking CNC Routers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Woodworking CNC Routers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Woodworking CNC Routers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Woodworking CNC Routers Market Size & Forecast, 2020-2028
4.5.1 Woodworking CNC Routers Market Size and Y-o-Y Growth
4.5.2 Woodworking CNC Routers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial CNC Routers
5.2.2 Specialty CNC Routers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Plywood
6.2.2 Chipboard
6.2.3 MDF
6.2.4 HDF
6.2.5 Hardwood
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Woodworking CNC Routers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Woodworking CNC Routers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial CNC Routers
9.6.2 Specialty CNC Routers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Plywood
9.10.2 Chipboard
9.10.3 MDF
9.10.4 HDF
9.10.5 Hardwood
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial CNC Routers
10.6.2 Specialty CNC Routers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Plywood
10.10.2 Chipboard
10.10.3 MDF
10.10.4 HDF
10.10.5 Hardwood
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial CNC Routers
11.6.2 Specialty CNC Routers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Plywood
11.10.2 Chipboard
11.10.3 MDF
11.10.4 HDF
11.10.5 Hardwood
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial CNC Routers
12.6.2 Specialty CNC Routers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Plywood
12.10.2 Chipboard
12.10.3 MDF
12.10.4 HDF
12.10.5 Hardwood
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial CNC Routers
13.6.2 Specialty CNC Routers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Plywood
13.10.2 Chipboard
13.10.3 MDF
13.10.4 HDF
13.10.5 Hardwood
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Woodworking CNC Routers Market: Competitive Dashboard
14.2 Global Woodworking CNC Routers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biesse
14.3.2 Maxicam
14.3.3 FlexiCAM
14.3.4 ExelCNC
14.3.5 Thermwood
14.3.6 Laguna Tools
14.3.7 Tormach
14.3.8 MultiCam
14.3.9 AXYZ
14.3.10 C.R.Onsrud
14.3.11 Komo
14.3.12 ShopSabre
14.3.13 Heian
14.3.14 Shoda
14.3.15 Tommotek
14.3.16 ART
14.3.17 SolarIndustries
