Market Overview:
The global vertical CNC machining centers market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vertical CNC machining centers from various end-use industries, such as metal, plastics, wood, composites and others. In terms of type, the 3-axis segment is expected to hold the largest share in the global vertical CNC machining centers market during the forecast period. However, 4-axis and 5-axis segments are projected to grow at a higher rate than 3-axis segment during the forecast period. In terms of application, metal segment is estimated to account for majority share in 2018 and it is also projected that this trend would continue throughout 2030.
Product Definition:
Vertical CNC Machining Centers are a type of CNC machine tool that use a vertical spindle to cut parts from solid material. Parts are typically machined on the horizontal plane, but Vertical CNC Machining Centers allow for more complex geometries by machining on the vertical plane. This type of machine is important for high-precision applications where parts must be machined to tight tolerances.
3-axis:
3-axis machining center is a machine tool that cuts the workpiece by rotating around three orthogonal axes simultaneously. It can be used to cut round or irregularly shaped parts with high accuracy and precision. The 3-axis CNC milling machines are widely used for producing complicated shapes from metal or other materials in various industries such as automotive, aerospace & defense, etc.
4-axis:
4-axis is a method to move the tool or work piece in four different orthogonal directions at the same time. In other words, it is a method to provide eight possible movements of a tool or work piece simultaneously by using only four tools bit screwdrivers etc.
The 4-axis vertical CNC machining centers are capable of performing all operations with equal precision.
Application Insights:
The metal cutting application segment dominated the global vertical CNC machining centers market in 2017. Metal cutting applications include cold and hot cuts for various industries including automotive, industrial machinery, and construction equipment. The rising demand for metals across the globe is expected to have a positive impact on the growth of this segment over the forecast period.
The plastic cutting applications are anticipated to witness significant growth over the forecast period owing to increasing use of plastics in various industries such as consumer goods, medical devices, packaging materials and electronics components among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to the presence of a large number of manufacturers and OEMs in this region. The availability of low-cost labor, high-quality raw materials, and rapid industrialization are some major factors driving regional growth. China is considered as one of the most important manufacturing hubs due to its abundant supply of raw materials and labor at an economical cost along with easy access to technology.
The Asia Pacific vertical CNC machining centers market by application includes metal cutting machines, woodworking machinery, plastic cutting machines (molded & extruded), metal stamping/forming tools among others; whereas Europe holds a significant share owing to growing demand for computer numerical control machine tools from several industries including automotive (light vehicles & heavy commercial vehicles), aerospace & defense industry among others across countries such as Germany, France Italy Russia Spain U.K.
Growth Factors:
- Increasing demand for Vertical CNC Machining Centers from the automotive and aerospace industries due to the rising need for precision machining.
- Growing popularity of Vertical CNC Machining Centers among small- and medium-sized businesses (SMBs) due to their ability to produce high quality parts quickly and at low cost.
- Rising demand for 3D printing technology, which is being used in conjunction with Vertical CNC Machining Centers to create complex three-dimensional objects from digital designs.
- Advances in machine tool technology that have led to the development of more sophisticated Vertical CNC Machining Centers capable of producing higher quality parts faster and more efficiently than ever before.
- The increasing use of additive manufacturing or 3D printing technologies, which are helping to drive down the cost of producing complex metal components using Vertical CNCMachining Centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical CNC Machining Centers Market Research Report
By Type
3-axis, 4-axis, 5-axis, 7-axis, Other
By Application
Metal, Plastics, Wood, Composites, Other
By Companies
Haas Automation, KAFO, DMG MORI, Hwacheon, Fair Friend, Hurco Companies, Makino Europe GmbH, Okuma, Komatsu NTC, Heller, SMTCL Americas, Yamazaki Mazak, Doosan Machine Tools, Chiron, Akira Seiki, WIA, Kent CNC, Toyoda Machinery, Yeong Chin, Knuth Machine Tools
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Vertical CNC Machining Centers Market Report Segments:
The global Vertical CNC Machining Centers market is segmented on the basis of:
Types
3-axis, 4-axis, 5-axis, 7-axis, 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
Metal, Plastics, Wood, Composites, 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:
- Haas Automation
- KAFO
- DMG MORI
- Hwacheon
- Fair Friend
- Hurco Companies
- Makino Europe GmbH
- Okuma
- Komatsu NTC
- Heller
- SMTCL Americas
- Yamazaki Mazak
- Doosan Machine Tools
- Chiron
- Akira Seiki
- WIA
- Kent CNC
- Toyoda Machinery
- Yeong Chin
- Knuth Machine Tools
Highlights of The Vertical CNC Machining Centers 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:
- 3-axis
- 4-axis
- 5-axis
- 7-axis
- Other
- By Application:
- Metal
- Plastics
- Wood
- Composites
- 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 Vertical CNC Machining Centers 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
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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?
Vertical CNC machining centers are machines that use a rotary motion to cut parts from a piece of material. The machine uses a series of cutting tools that move up and down in unison, making it possible to create intricate cuts without having to move the part being machined.
Some of the major companies in the vertical cnc machining centers market are Haas Automation, KAFO, DMG MORI, Hwacheon, Fair Friend, Hurco Companies, Makino Europe GmbH, Okuma, Komatsu NTC, Heller, SMTCL Americas, Yamazaki Mazak, Doosan Machine Tools, Chiron, Akira Seiki, WIA, Kent CNC, Toyoda Machinery, Yeong Chin, Knuth Machine Tools.
The vertical cnc machining centers market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical CNC Machining Centers 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. Vertical CNC Machining Centers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical CNC Machining Centers Market - Supply Chain
4.5. Global Vertical CNC Machining Centers Market Forecast
4.5.1. Vertical CNC Machining Centers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical CNC Machining Centers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical CNC Machining Centers Market Absolute $ Opportunity
5. Global Vertical CNC Machining Centers 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. Vertical CNC Machining Centers Market Size and Volume Forecast by Type
5.3.1. 3-axis
5.3.2. 4-axis
5.3.3. 5-axis
5.3.4. 7-axis
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical CNC Machining Centers 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. Vertical CNC Machining Centers Market Size and Volume Forecast by Application
6.3.1. Metal
6.3.2. Plastics
6.3.3. Wood
6.3.4. Composites
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical CNC Machining Centers 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. Vertical CNC Machining Centers 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 Vertical CNC Machining Centers 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. Vertical CNC Machining Centers 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 Vertical CNC Machining Centers Demand Share Forecast, 2019-2026
9. North America Vertical CNC Machining Centers 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 Vertical CNC Machining Centers 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 Vertical CNC Machining Centers Market Size and Volume Forecast by Application
9.4.1. Metal
9.4.2. Plastics
9.4.3. Wood
9.4.4. Composites
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical CNC Machining Centers Market Size and Volume Forecast by Type
9.7.1. 3-axis
9.7.2. 4-axis
9.7.3. 5-axis
9.7.4. 7-axis
9.7.5. 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 Vertical CNC Machining Centers Demand Share Forecast, 2019-2026
10. Latin America Vertical CNC Machining Centers 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 Vertical CNC Machining Centers 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 Vertical CNC Machining Centers Market Size and Volume Forecast by Application
10.4.1. Metal
10.4.2. Plastics
10.4.3. Wood
10.4.4. Composites
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical CNC Machining Centers Market Size and Volume Forecast by Type
10.7.1. 3-axis
10.7.2. 4-axis
10.7.3. 5-axis
10.7.4. 7-axis
10.7.5. 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 Vertical CNC Machining Centers Demand Share Forecast, 2019-2026
11. Europe Vertical CNC Machining Centers 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 Vertical CNC Machining Centers 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 Vertical CNC Machining Centers Market Size and Volume Forecast by Application
11.4.1. Metal
11.4.2. Plastics
11.4.3. Wood
11.4.4. Composites
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical CNC Machining Centers Market Size and Volume Forecast by Type
11.7.1. 3-axis
11.7.2. 4-axis
11.7.3. 5-axis
11.7.4. 7-axis
11.7.5. Other
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 Vertical CNC Machining Centers Demand Share, 2019-2026
12. Asia Pacific Vertical CNC Machining Centers 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 Vertical CNC Machining Centers 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 Vertical CNC Machining Centers Market Size and Volume Forecast by Application
12.4.1. Metal
12.4.2. Plastics
12.4.3. Wood
12.4.4. Composites
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical CNC Machining Centers Market Size and Volume Forecast by Type
12.7.1. 3-axis
12.7.2. 4-axis
12.7.3. 5-axis
12.7.4. 7-axis
12.7.5. 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 Vertical CNC Machining Centers Demand Share, 2019-2026
13. Middle East & Africa Vertical CNC Machining Centers 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 Vertical CNC Machining Centers 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 Vertical CNC Machining Centers Market Size and Volume Forecast by Application
13.4.1. Metal
13.4.2. Plastics
13.4.3. Wood
13.4.4. Composites
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical CNC Machining Centers Market Size and Volume Forecast by Type
13.7.1. 3-axis
13.7.2. 4-axis
13.7.3. 5-axis
13.7.4. 7-axis
13.7.5. 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 Vertical CNC Machining Centers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical CNC Machining Centers Market: Market Share Analysis
14.2. Vertical CNC Machining Centers Distributors and Customers
14.3. Vertical CNC Machining Centers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haas Automation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. KAFO
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. Hwacheon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fair Friend
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hurco Companies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Makino Europe GmbH
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. Komatsu NTC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Heller
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SMTCL Americas
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yamazaki Mazak
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Doosan Machine Tools
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Chiron
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Akira Seiki
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. WIA
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kent CNC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Toyoda Machinery
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yeong Chin
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Knuth Machine Tools
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
