The global market for CNC Horizontal Machining Centres is estimated at US$1.2 Billion in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the CNC horizontal machining centers market is driven by several factors. Firstly, the increasing demand for precision-engineered components in the automotive, aerospace, and medical device industries is propelling the need for advanced machining solutions. Secondly, technological advancements in CNC systems, including enhanced software integration and automation, are making HMCs more efficient and cost-effective, thereby attracting a broader range of manufacturers. Thirdly, the trend towards automation and smart manufacturing is boosting the adoption of HMCs, as these machines are integral to implementing automated production lines and achieving higher levels of productivity and consistency. Additionally, the expansion of manufacturing activities in emerging economies, coupled with the rising focus on quality and precision, is further driving market growth. The growing emphasis on reducing lead times and improving supply chain efficiencies is also encouraging manufacturers to invest in advanced machining technologies like HMCs. Lastly, the increasing availability of financing options and government incentives for technological upgrades in manufacturing is supporting the widespread adoption of CNC horizontal machining centers across various industries.
The growth in the CNC horizontal machining centers market is driven by several factors. Firstly, the increasing demand for precision-engineered components in the automotive, aerospace, and medical device industries is propelling the need for advanced machining solutions. Secondly, technological advancements in CNC systems, including enhanced software integration and automation, are making HMCs more efficient and cost-effective, thereby attracting a broader range of manufacturers. Thirdly, the trend towards automation and smart manufacturing is boosting the adoption of HMCs, as these machines are integral to implementing automated production lines and achieving higher levels of productivity and consistency. Additionally, the expansion of manufacturing activities in emerging economies, coupled with the rising focus on quality and precision, is further driving market growth. The growing emphasis on reducing lead times and improving supply chain efficiencies is also encouraging manufacturers to invest in advanced machining technologies like HMCs. Lastly, the increasing availability of financing options and government incentives for technological upgrades in manufacturing is supporting the widespread adoption of CNC horizontal machining centers across various industries.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Less Than 5-Axis Machines segment, which is expected to reach US$932.5 Million by 2030 with a CAGR of a 4.9%. The More Than 5-Axis Machines segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $323.4 Million in 2023, and China, forecasted to grow at an impressive 7.6% CAGR to reach $333.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global CNC Horizontal Machining Centres Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global CNC Horizontal Machining Centres Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global CNC Horizontal Machining Centres Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Akira Seiki Co. Ltd., DMG MORI Co. Ltd., DN Solutions, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 39 Featured):
- Akira Seiki Co. Ltd.
- DMG MORI Co. Ltd.
- DN Solutions
- Fair Friend Group - Feeler
- Fryer Machine Systems, Inc.
- Gebr. Heller Maschinenfabrik GmbH
- Haas Automation, Inc.
- HURCO Werkzeugmaschinen GmbH
- Hwacheon Machinery Co., Ltd.
- Hyundai Wia Corporation
- JTEKT Machinery Americas Corporation
- Jyoti CNC Automation Limited
- KNUTH Werkzeugmaschinen GmbH
- Makino, Inc.
- Yamazaki Mazak Corporation;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Akira Seiki Co. Ltd.
- DMG MORI Co. Ltd.
- DN Solutions
- Fair Friend Group - Feeler
- Fryer Machine Systems, Inc.
- Gebr. Heller Maschinenfabrik GmbH
- Haas Automation, Inc.
- HURCO Werkzeugmaschinen GmbH
- Hwacheon Machinery Co., Ltd.
- Hyundai Wia Corporation
- JTEKT Machinery Americas Corporation
- Jyoti CNC Automation Limited
- KNUTH Werkzeugmaschinen GmbH
- Makino, Inc.
- Yamazaki Mazak Corporation;
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 276 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 1.6 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
