The computer numerical control (CNC) machinery market size has grown strongly in recent years. It will grow from $87.77 billion in 2024 to $95.27 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increased demand in aerospace and automotive industries, globalization of manufacturing, shorter product development cycles, cost efficiency and labor savings, customization and complexity in product designs.
The computer numerical control (CNC) machinery market size is expected to see strong growth in the next few years. It will grow to $128.13 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing adoption of 5-axis and multi-tasking machines, sustainable and eco-friendly manufacturing practices, rise in additive manufacturing, increased demand in medical device manufacturing, global reshoring initiatives. Major trends in the forecast period include digital twin technology, advancements in cutting-edge technologies, integration of industry 40 technologies, enhanced precision and accuracy, human-machine collaboration.
The projected growth in the computer numerical control (CNC) machinery market is expected to be driven by the increasing demand for semiconductor production equipment. Semiconductor production equipment, responsible for manipulating atoms to manufacture semiconductors, relies significantly on CNC machines to achieve minimal surface tolerance and produce cylindrical semiconductor components. Notably, in December 2022, Semiconductor Equipment and Materials International (SEMI) reported a 5.69% increase in semiconductor manufacturing equipment sales from $102.5 billion in 2021 to $108.5 billion in 2022. This underscores the pivotal role of CNC machinery in meeting the demand for semiconductor production equipment.
The anticipated growth in the CNC machinery market is expected to be fueled by the expanding manufacturing industries. These industries, engaged in the conversion of raw materials or components into finished goods, extensively utilize CNC for the automated and precise control of machining tools and processes. Notably, Eurostat reported a 0.2% upturn in manufactured industrial output in the European area in July 2023. Additionally, there was a 0.1% increase in the European Union between May and April 2023. These statistics underscore the considerable impact of growing manufacturing industries in driving the demand for computer numerical control (CNC) machinery.
The expansion of manufacturing industries is foreseen to make a significant contribution to the growth of the CNC machinery market. These industries, responsible for the transformation of raw materials or components into finished products, heavily rely on CNC technology for the automated and precise control of machining tools and processes. A case in point is the reported 0.2% increase in manufactured industrial output in the European area in July 2023, as per Eurostat. Additionally, there was a 0.1% rise in the European Union between May and April 2023. This underscores the substantial influence of growing manufacturing industries in stimulating the demand for computer numerical control (CNC) machinery.
Technological advancements emerge as a prominent trend gaining traction in the computer numerical control (CNC) machinery market. Companies within this sector are actively embracing innovative technologies to fortify their market position. An illustrative example is the initiative taken by Robotiq Inc., a Canada-based robotic applications provider, in June 2022. The company introduced a 'Machine Tending Application Solution' tailored for CNC machines, featuring integrated automated technology that mimics the machine operator. This solution is designed to reduce implementation costs by up to 50%, reflecting a commitment to cutting-edge approaches within the industry.
Strategic partnerships represent a key strategy adopted by major players in the computer numerical control (CNC) machinery market, aiming to provide comprehensive solutions for CNC machine tools' end-users. This collaborative approach involves leveraging each other's strengths and resources for mutual benefit and success. In April 2023, Mitsubishi Electric (India), a Japan-based company specializing in electrical and electronic products, entered into a strategic partnership with SolidCAM, a Germany-based computer software company offering CAM software services. This partnership signifies a transformative step in the CNC machinery market, offering a streamlined one-stop solution for end-users. The collaboration enhances technical capabilities, leading to improved productivity and efficiency, while simplifying the procurement process and reducing complexity in acquiring CNC machine tools.
In September 2023, DMG MORI, a Japan-based producer of high-precision machine tools, acquired KURAKI Co. Ltd. for an undisclosed amount. This acquisition bolsters DMG MORI's capabilities in advanced machine tool technology and broadens its product offerings within the CNC machining sector. By leveraging KURAKI's expertise, DMG MORI aims to enhance its competitive position and provide innovative solutions to its customers. KURAKI Co. Ltd. is also a Japan-based manufacturer specializing in CNC machinery.
Major companies operating in the computer numerical control (CNC) machinery market include Haas Automation Inc., Dalian Machine Tool Group (DMTG) Corporation, FANUC CORPORATION, DMG Mori Seiki Co. Ltd., Hurco Companies Inc., Amada Machinery Co. Ltd., MAG IAS GmbH, Sandvik AB, Hyundai WIA Corporation, Amera-Seiki Corporation, Makino Milling Machine Co. Ltd., JTEKT Corporation, Ellison Technologies Inc., Okuma Corporation, DN SOLUTIONS, GF Machining Solutions Management SA, CHIRON Group SE, GROB-WERKE GmbH & Co. KG, EMAG GmbH & Co. KG, Hermle Inc., DAES Group, Simplex Industrial Solutions and Software, Doosan Machine Tools Co. Ltd., Sodick Co. Ltd., Citizen Machinery Co. Ltd., INDEX-Werke GmbH & Co. KG Hahn & Tessky, Mazak Corporation, Siemens AG, Dr. Johannes Heidenhain GmbH.
Computer Numerical Control (CNC) machinery represents automated systems employing computerized controls to execute diverse manufacturing processes, such as drilling, cutting, and milling. This technology is pivotal for tasks such as scanning, replicating, engineering, and reverse-engineering parts, contributing to the development of innovative products.
The primary categories of CNC machinery encompass lathe machines, milling machines, laser machines, grinding machines, welding machines, winding machines, and more. Lathe machines, a subset of CNC machine tools, are utilized for shaping, drilling, cutting, sanding, or altering materials such as metal or wood. These machines are equipped with varying numbers of axes - ranging from 3-axis to 5 axes - suitable for applications in sectors such as automotive, aerospace and defense, construction equipment, power and energy, industrial, and others.
The computer numerical control (CNC) machinery market research report is one of a series of new reports that provides computer numerical control (CNC) machinery optical components market statistics, including computer numerical control (CNC) machinery optical components industry global market size, regional shares, competitors with a computer numerical control (CNC) machinery optical components market share, detailed computer numerical control (CNC) machinery optical components market segments, market trends, and opportunities, and any further data you may need to thrive in the computer numerical control (CNC) machinery optical components industry. This computer numerical control (CNC) machinery optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the computer numerical control (CNC) machinery market in 2024 and is expected to be the fastest-growing region in the global computer numerical control (CNC) machinery market report during the forecast period. The regions covered in the computer numerical control (cnc) machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the computer numerical control (cnc) machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The computer numerical control (CNC) machinery market consists of sales of metal cutting and metal forming computer numerical control (CNC) machines and grinders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The computer numerical control (CNC) machinery market size is expected to see strong growth in the next few years. It will grow to $128.13 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing adoption of 5-axis and multi-tasking machines, sustainable and eco-friendly manufacturing practices, rise in additive manufacturing, increased demand in medical device manufacturing, global reshoring initiatives. Major trends in the forecast period include digital twin technology, advancements in cutting-edge technologies, integration of industry 40 technologies, enhanced precision and accuracy, human-machine collaboration.
The projected growth in the computer numerical control (CNC) machinery market is expected to be driven by the increasing demand for semiconductor production equipment. Semiconductor production equipment, responsible for manipulating atoms to manufacture semiconductors, relies significantly on CNC machines to achieve minimal surface tolerance and produce cylindrical semiconductor components. Notably, in December 2022, Semiconductor Equipment and Materials International (SEMI) reported a 5.69% increase in semiconductor manufacturing equipment sales from $102.5 billion in 2021 to $108.5 billion in 2022. This underscores the pivotal role of CNC machinery in meeting the demand for semiconductor production equipment.
The anticipated growth in the CNC machinery market is expected to be fueled by the expanding manufacturing industries. These industries, engaged in the conversion of raw materials or components into finished goods, extensively utilize CNC for the automated and precise control of machining tools and processes. Notably, Eurostat reported a 0.2% upturn in manufactured industrial output in the European area in July 2023. Additionally, there was a 0.1% increase in the European Union between May and April 2023. These statistics underscore the considerable impact of growing manufacturing industries in driving the demand for computer numerical control (CNC) machinery.
The expansion of manufacturing industries is foreseen to make a significant contribution to the growth of the CNC machinery market. These industries, responsible for the transformation of raw materials or components into finished products, heavily rely on CNC technology for the automated and precise control of machining tools and processes. A case in point is the reported 0.2% increase in manufactured industrial output in the European area in July 2023, as per Eurostat. Additionally, there was a 0.1% rise in the European Union between May and April 2023. This underscores the substantial influence of growing manufacturing industries in stimulating the demand for computer numerical control (CNC) machinery.
Technological advancements emerge as a prominent trend gaining traction in the computer numerical control (CNC) machinery market. Companies within this sector are actively embracing innovative technologies to fortify their market position. An illustrative example is the initiative taken by Robotiq Inc., a Canada-based robotic applications provider, in June 2022. The company introduced a 'Machine Tending Application Solution' tailored for CNC machines, featuring integrated automated technology that mimics the machine operator. This solution is designed to reduce implementation costs by up to 50%, reflecting a commitment to cutting-edge approaches within the industry.
Strategic partnerships represent a key strategy adopted by major players in the computer numerical control (CNC) machinery market, aiming to provide comprehensive solutions for CNC machine tools' end-users. This collaborative approach involves leveraging each other's strengths and resources for mutual benefit and success. In April 2023, Mitsubishi Electric (India), a Japan-based company specializing in electrical and electronic products, entered into a strategic partnership with SolidCAM, a Germany-based computer software company offering CAM software services. This partnership signifies a transformative step in the CNC machinery market, offering a streamlined one-stop solution for end-users. The collaboration enhances technical capabilities, leading to improved productivity and efficiency, while simplifying the procurement process and reducing complexity in acquiring CNC machine tools.
In September 2023, DMG MORI, a Japan-based producer of high-precision machine tools, acquired KURAKI Co. Ltd. for an undisclosed amount. This acquisition bolsters DMG MORI's capabilities in advanced machine tool technology and broadens its product offerings within the CNC machining sector. By leveraging KURAKI's expertise, DMG MORI aims to enhance its competitive position and provide innovative solutions to its customers. KURAKI Co. Ltd. is also a Japan-based manufacturer specializing in CNC machinery.
Major companies operating in the computer numerical control (CNC) machinery market include Haas Automation Inc., Dalian Machine Tool Group (DMTG) Corporation, FANUC CORPORATION, DMG Mori Seiki Co. Ltd., Hurco Companies Inc., Amada Machinery Co. Ltd., MAG IAS GmbH, Sandvik AB, Hyundai WIA Corporation, Amera-Seiki Corporation, Makino Milling Machine Co. Ltd., JTEKT Corporation, Ellison Technologies Inc., Okuma Corporation, DN SOLUTIONS, GF Machining Solutions Management SA, CHIRON Group SE, GROB-WERKE GmbH & Co. KG, EMAG GmbH & Co. KG, Hermle Inc., DAES Group, Simplex Industrial Solutions and Software, Doosan Machine Tools Co. Ltd., Sodick Co. Ltd., Citizen Machinery Co. Ltd., INDEX-Werke GmbH & Co. KG Hahn & Tessky, Mazak Corporation, Siemens AG, Dr. Johannes Heidenhain GmbH.
Computer Numerical Control (CNC) machinery represents automated systems employing computerized controls to execute diverse manufacturing processes, such as drilling, cutting, and milling. This technology is pivotal for tasks such as scanning, replicating, engineering, and reverse-engineering parts, contributing to the development of innovative products.
The primary categories of CNC machinery encompass lathe machines, milling machines, laser machines, grinding machines, welding machines, winding machines, and more. Lathe machines, a subset of CNC machine tools, are utilized for shaping, drilling, cutting, sanding, or altering materials such as metal or wood. These machines are equipped with varying numbers of axes - ranging from 3-axis to 5 axes - suitable for applications in sectors such as automotive, aerospace and defense, construction equipment, power and energy, industrial, and others.
The computer numerical control (CNC) machinery market research report is one of a series of new reports that provides computer numerical control (CNC) machinery optical components market statistics, including computer numerical control (CNC) machinery optical components industry global market size, regional shares, competitors with a computer numerical control (CNC) machinery optical components market share, detailed computer numerical control (CNC) machinery optical components market segments, market trends, and opportunities, and any further data you may need to thrive in the computer numerical control (CNC) machinery optical components industry. This computer numerical control (CNC) machinery optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the computer numerical control (CNC) machinery market in 2024 and is expected to be the fastest-growing region in the global computer numerical control (CNC) machinery market report during the forecast period. The regions covered in the computer numerical control (cnc) machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the computer numerical control (cnc) machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The computer numerical control (CNC) machinery market consists of sales of metal cutting and metal forming computer numerical control (CNC) machines and grinders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Computer Numerical Control (CNC) Machinery Market Characteristics3. Computer Numerical Control (CNC) Machinery Market Trends and Strategies4. Computer Numerical Control (CNC) Machinery Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market3 Axis4 Axis32. Global Computer Numerical Control (CNC) Machinery Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Computer Numerical Control (CNC) Machinery Market34. Recent Developments in the Computer Numerical Control (CNC) Machinery Market
5. Global Computer Numerical Control (CNC) Machinery Growth Analysis and Strategic Analysis Framework
6. Computer Numerical Control (CNC) Machinery Market Segmentation
5 Axis
7. Computer Numerical Control (CNC) Machinery Market Regional and Country Analysis
8. Asia-Pacific Computer Numerical Control (CNC) Machinery Market
9. China Computer Numerical Control (CNC) Machinery Market
10. India Computer Numerical Control (CNC) Machinery Market
11. Japan Computer Numerical Control (CNC) Machinery Market
12. Australia Computer Numerical Control (CNC) Machinery Market
13. Indonesia Computer Numerical Control (CNC) Machinery Market
14. South Korea Computer Numerical Control (CNC) Machinery Market
15. Western Europe Computer Numerical Control (CNC) Machinery Market
16. UK Computer Numerical Control (CNC) Machinery Market
17. Germany Computer Numerical Control (CNC) Machinery Market
18. France Computer Numerical Control (CNC) Machinery Market
19. Italy Computer Numerical Control (CNC) Machinery Market
20. Spain Computer Numerical Control (CNC) Machinery Market
21. Eastern Europe Computer Numerical Control (CNC) Machinery Market
22. Russia Computer Numerical Control (CNC) Machinery Market
23. North America Computer Numerical Control (CNC) Machinery Market
24. USA Computer Numerical Control (CNC) Machinery Market
25. Canada Computer Numerical Control (CNC) Machinery Market
26. South America Computer Numerical Control (CNC) Machinery Market
27. Brazil Computer Numerical Control (CNC) Machinery Market
28. Middle East Computer Numerical Control (CNC) Machinery Market
29. Africa Computer Numerical Control (CNC) Machinery Market
30. Computer Numerical Control (CNC) Machinery Market Competitive Landscape and Company Profiles
31. Computer Numerical Control (CNC) Machinery Market Other Major and Innovative Companies
35. Computer Numerical Control (CNC) Machinery Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Computer Numerical Control (CNC) Machinery Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on computer numerical control (cnc) machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for computer numerical control (cnc) machinery? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The computer numerical control (cnc) machinery market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Lathe Machines; Milling Machines; Laser Machines; Grinding Machines; Welding Machines; Winding Machines; Other Types2) By Number of Axes: 3 Axis; 4 Axis; 5 Axis
3) By End Use: Automotive; Aerospace and Defense; Construction Equipment; Power and Energy; Industrial; Other End Users
Subsegments:
1) By Lathe Machines: CNC Lathes; CNC Turning Centers; Multi-Spindle Lathes2) By Milling Machines: CNC Vertical Milling Machines; CNC Horizontal Milling Machines; CNC Bed Milling Machines
3) By Laser Machines: CNC Laser Cutting Machines; CNC Laser Engraving Machines; CNC Laser Marking Machines
4) By Grinding Machines: CNC Surface Grinding Machines; CNC Cylindrical Grinding Machines; CNC Tool and Cutter Grinding Machines
5) By Welding Machines: CNC MIG Welding Machines; CNC TIG Welding Machines; CNC Spot Welding Machines
6) By Winding Machines: CNC Coil Winding Machines; CNC Wire Winding Machines; CNC Tape Winding Machines
7) By Other Types: CNC Waterjet Cutting Machines; CNC Plasma Cutting Machines; CNC Electric Discharge Machines (EDM)
Key Companies Mentioned: Haas Automation Inc.; Dalian Machine Tool Group (DMTG) Corporation; FANUC CORPORATION; DMG Mori Seiki Co. Ltd.; Hurco Companies Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Haas Automation Inc.
- Dalian Machine Tool Group (DMTG) Corporation
- FANUC CORPORATION
- DMG Mori Seiki Co. Ltd.
- Hurco Companies Inc.
- Amada Machinery Co. Ltd.
- MAG IAS GmbH
- Sandvik AB
- Hyundai WIA Corporation
- Amera-Seiki Corporation
- Makino Milling Machine Co. Ltd.
- JTEKT Corporation
- Ellison Technologies Inc.
- Okuma Corporation
- DN SOLUTIONS
- GF Machining Solutions Management SA
- CHIRON Group SE
- GROB-WERKE GmbH & Co. KG
- EMAG GmbH & Co. KG
- Hermle Inc.
- DAES Group
- Simplex Industrial Solutions and Software
- Doosan Machine Tools Co. Ltd.
- Sodick Co. Ltd.
- Citizen Machinery Co. Ltd.
- INDEX-Werke GmbH & Co. KG Hahn & Tessky
- Mazak Corporation
- Siemens AG
- Dr. Johannes Heidenhain GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 95.27 Billion |
Forecasted Market Value ( USD | $ 128.13 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |