Machining Centers Market Report 2026

The machining centers market size has grown strongly in recent years. It will grow from $29.47 billion in 2025 to $31.23 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to automotive component machining, cnc adoption, demand for consistent quality, reduction of manual machining, industrial capacity expansion.

The machining centers market size is expected to see strong growth in the next few years. It will grow to $39.27 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to electric vehicle component demand, aerospace manufacturing growth, smart machining adoption, demand for complex part geometries, automation of machining operations. Major trends in the forecast period include increasing demand for multi-axis machining centers, adoption of high-speed machining, integration of automation and tool changers, growth of compact machining centers, focus on precision and surface finish.

The rising demand in the aerospace industry is expected to drive the growth of the machining centers market in the coming years. The aerospace sector encompasses the design, development, production, and operation of aircraft, spacecraft, satellites, and related systems and equipment. Machining centers are critical in this industry, offering the precision, efficiency, and flexibility needed to manufacture high-quality components that meet stringent aerospace standards. For example, in January 2024, Airbus, a France-based multinational aerospace and defense corporation, reported delivering 735 commercial aircraft to 87 customers worldwide in 2023, despite a complex operating environment. The Commercial Aircraft business recorded 2,319 gross new orders (2,094 net), resulting in a year-end backlog of 8,598 aircraft. Therefore, the growing aerospace demand is fueling the machining centers market.

Leading companies in the machining centers market are focusing on innovative solutions, such as double-column machining centers, to increase market revenue. Double-column machining centers feature a dual-column structure that provides enhanced stability and precision for machining large and heavy workpieces. For instance, in February 2023, Nidec Machine Tool Corporation, a Japan-based industrial machine tool manufacturer, launched the MV12BxⅡ series. This new range of double-column machining centers is designed for versatile, high-efficiency operations in factories producing medium- to large-scale components. The MV12BxⅡ features a main spindle capable of up to 7,000 rpm with 26 kW output, enabling precise machining of large workpieces for construction, industrial, and automotive applications. For heavy cutting operations, it offers enhanced axis rigidity and a high-torque spindle option, improving performance under demanding conditions. The double-column structure and reinforced frame ensure stability during rapid axis movements, supporting high-precision machining even under heavy loads, making it ideal for industrial applications.

In February 2023, Nidec Corporation, a Japan-based provider of electric motors, industrial machinery, and machine tools, acquired PAMA S.p.A. for an undisclosed amount. This acquisition strengthens Nidec’s global machine-tool portfolio and expands its presence in large-scale machining solutions by integrating PAMA’s expertise in boring, milling, and machining centers. PAMA S.p.A., based in Italy, manufactures machine tools, including boring and milling machines and large machining centers, serving heavy equipment, shipbuilding, energy, and infrastructure-equipment manufacturing sectors.

Major companies operating in the machining centers market are Ace Micromatic Group, Amera-Seiki Corporation, CHIRON Group SE, DMG Mori Co. Ltd., Doosan Machine Tools Co. Ltd., Haas Automation Inc., Hurco Companies Inc., FFG European And American Holdings GmbH, JTEKT Corporation, Jyoti CNC Automation Limited, Kent CNC, Komatsu NTC Ltd., Makino Inc., Matsuura Machinery Corporation, Maxmill Machinery Co. Ltd., Mazak Corporation, MTAB Engineers Private Limited, Okuma America Corporation, SCM GROUP S.p.A., The Hyundai Wia Corporation, Yamazaki Mazak Corporation, Yeong Chin Machinery Industries Co. Ltd., Hermle AG, GROB-WERKE GmbH And Co. KG.

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

The machining center market consists of sales of graphite machining centers and gantry machine centers. 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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