CNC Machine Tools Market Report 2026

The cnc machine tools market size has grown steadily in recent years. It will grow from $29.07 billion in 2025 to $30.38 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to expansion of automotive manufacturing, growth in industrial automation, increasing demand for precision components, rising use of cnc machines in mass production, availability of advanced machining software.

The cnc machine tools market size is expected to see strong growth in the next few years. It will grow to $37.27 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing adoption of smart factories, rising investments in advanced manufacturing, expansion of electric vehicle production, growing demand for customized components, increasing integration of ai-driven machining analytics. Major trends in the forecast period include increasing adoption of multi-axis cnc machines, rising demand for high-precision machining solutions, growing integration of iot-enabled cnc systems, expansion of automated tool change and monitoring capabilities, enhanced focus on energy-efficient machining.

The expansion of manufacturing activities is expected to drive the growth of the CNC machine tool market in the coming years. Manufacturing activities involve transforming raw materials, components, or parts into finished products for sale to consumers or use in other industries. CNC (computer numerical control) machine tools facilitate the automation of equipment control, precision, and movement through integrated software. As manufacturing activities expand, reliance on CNC machine tools increases. For example, according to a September 2024 report by the National Association of Manufacturers (NAM), a U.S.-based advocacy group, value-added output in manufacturing grew from an annual rate of $2.881 trillion in the first quarter to $2.91 trillion in the second quarter of 2024. In the second quarter, manufacturing accounted for 10% of the total value-added output in the U.S. economy. Additionally, real value-added output in the sector rose from $2.337 trillion to $2.384 trillion over the same period. Therefore, growth in manufacturing activities is driving demand for CNC machine tools.

Key players in the CNC machine tool industry are pursuing strategic partnerships to leverage complementary expertise, broaden market reach, and accelerate innovation in technology and solutions. Strategic partnerships involve companies combining strengths and resources to achieve mutual benefits. For instance, in April 2023, Mitsubishi Electric India Pvt. Ltd., an India-based commercial company, partnered with SolidCAM, a U.S.-based provider of CAM software for CNC machining and digital manufacturing solutions. Through such collaborations, these companies aim to advance CNC technology, giving Mitsubishi Electric CNC solutions a competitive advantage and positioning them as a preferred choice among end users, fostering industry growth and innovation.

In February 2023, CORE Industrial Partners LLC, a private equity firm based in the U, successfully completed the acquisition of D&R Machine Company for an undisclosed amount. This strategic move significantly enhances Cadrex's North American footprint, leading to an expansion to 21 facilities. This expansion includes specialized aerospace and defense manufacturing sites strategically located on both the East and West coasts, in addition to the Midwest region. D&R Machine Company, the acquired entity, specializes in providing CNC precision machining solutions tailored for the aerospace and defense market.

Major companies operating in the cnc machine tools market are Amada Co. Ltd., Yamazaki Mazak Corporation, DMG MORI CO. LTD., TRUMPF Group, Dalian Machine Tool Group Corporation, Haas Automation Inc., Okuma Corporation, Shenyang Machine Tool Co. Ltd., Hurco Companies Inc., JTEKT Corporation, Makino Milling Machine Co. Ltd., GROB-WERKE GmbH & Co. KG., Doosan Machine Tools Co. Ltd., Haitian Precision Machinery Co. Ltd., Gleason Corporation, FANUC Corporation, GF Machining Solutions Management SA, Chiron Group, Komatsu NTC Ltd., Schuler AG, INDEX-Werke GmbH & Co. KG Hahn & Tessky, Hardinge Inc., Gosiger Tools Inc., Elite Tool Engineering Inc., Central Machinery Tools Inc., Detroit Machine Tools, Hermle Inc., Mitsubishi Electric Power Products Inc., Nakamura-Tome Precision Engineering Co. Ltd.

Asia-pacific was the largest region in the CNC machine tools market in 2025. The regions covered in the cnc machine tools market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cnc machine tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The CNC machine tools market consists of sales of CNC turning machines, CNC laser machines, and CNC electric discharge machines (EDM). 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.

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