Computer Numerical Control Machines Market Size to Worth Around USD 130.5 Bn by 2030
The global Computer Numerical Control Machines market size is expected to reach USD 130.5 billion by 2030 and is expected to expand at a CAGR of 8.5% from 2021 to 2030
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Growth Factors
The rising need for minimizing operating costs and errors in machine components and increasing efficiency in manpower deployment has led to the increased demand for automation and CNC machines.
Governments across the globe have imposed restrictions on transportation owing to the COVID-19 pandemic, which has resulted in port closures. Factors, such as reduced availability of air transportation facilities and stringent border controls, are delaying the procurement of raw materials and components. The resulting delay in the shipment of products to customers is further adding to operational costs. While the situation is adversely affecting profitability and competitiveness, market players are also losing ground in the market as customers are looking to approach alternative suppliers.
Report Coverage
| Report Scope | Details |
| Market Size | USD 130.5 billion by 2030 |
| Growth Rate | CAGR of 8.5% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, end use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Amada Co., Ltd.; Amera Seiki; Fanuc Corp.; Datron AG; DMG Mori; Dalian Machine Tool Group (DMTG) Corp.; Haas Automation, Inc.; Okuma Corp.; Shenyang Machine Tool Co., Ltd. (SMTCL); Hurco Companies, Inc.; Yamazaki Mazak Corp. |
By Type Analysis
The lathe machines segment accounted for the highest revenue share of over 28% in 2020 and will remain dominant throughout the forecast period. The recent variants include5- and 6-axis lathes that perform operations from both ends and can be used for producing fine cuts and providing a better finish.
The laser machines segment is anticipated to gain traction over the forecast period owing to the growing demand for improved speed of machining and reduced requirement of the workforce.
By End use Analysis
The industrial end use segment accounted for the highest revenue share of more than 26% in 2020 and will retain its leading position during the forecast years. The rising adoption of technologies, such as IoT, Artificial Intelligence (AI), machine learning, and robotics, is anticipated to drive the growth of the industrial segment.
The automotive end use segment is anticipated to register the fastest growth rate over the forecast period. The increase in product demand from automobile manufacturers for the mass production of workpieces in minimal time and expenses is expected to drive the segment growth.
By Regional Analysis
Asia Pacific dominated the global market with a revenue share of over 37% in 2020. The regional market is estimated to expand further at the fastest CAGR from 2021 to 2030 due to the presence of major manufacturers, such as Okuma Corp., Yamazaki Mazak Corp., and DMG Mori Co., Ltd. in the region.
Key Players
- Amada Co., Ltd.
- Amera Seiki
- Fanuc Corp.
- Datron AG
- DMG Mori
- Dalian Machine Tool Group (DMTG) Corp.
- Haas Automation, Inc.
- Okuma Corp.
- Shenyang Machine Tool Co., Ltd. (SMTCL)
- Hurco Companies, Inc.
- Yamazaki Mazak Corp.
Market Segmentation
- By Type
- Lathe
- Milling
- Laser
- Grinding
- Welding
- Winding
- Others
- By End use
- Automotive
- Aerospace & Defense
- Construction Equipment
- Power & Energy
- Industrial
- Others
- Regional
- North America
- The U.S.
- Canada
- Europe
- France
- Germany
- Italy
- Asia Pacific
- China
- India
- Japan
- Latin America
- Mexico
- Middle East & Africa
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Computer Numerical Control Machines Market, By Type
7.1. Computer Numerical Control Machines Market, by Type, 2021-2030
7.1.1. Lathe
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Milling
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Laser
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Grinding
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Welding
7.1.5.1. Market Revenue and Forecast (2017-2030)
7.1.6. Winding
7.1.6.1. Market Revenue and Forecast (2017-2030)
7.1.7. Others
7.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Computer Numerical Control Machines Market, By End-use
8.1. Computer Numerical Control Machines Market, by End-use, 2021-2030
8.1.1. Automotive
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Aerospace & Defense
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Construction Equipment
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Power & Energy
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Industrial
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Computer Numerical Control Machines Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.4.2. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 10. Company Profiles
10.1. Amada Co., Ltd.
10.1.1. Company Overview
10.1.2. Type Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Amera Seiki
10.2.1. Company Overview
10.2.2. Type Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Fanuc Corp.
10.3.1. Company Overview
10.3.2. Type Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Datron AG
10.4.1. Company Overview
10.4.2. Type Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. DMG Mori
10.5.1. Company Overview
10.5.2. Type Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Dalian Machine Tool Group (DMTG) Corp.
10.6.1. Company Overview
10.6.2. Type Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Haas Automation, Inc.
10.7.1. Company Overview
10.7.2. Type Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Okuma Corp.
10.8.1. Company Overview
10.8.2. Type Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Shenyang Machine Tool Co., Ltd. (SMTCL)
10.9.1. Company Overview
10.9.2. Type Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Hurco Companies, Inc.
10.10.1. Company Overview
10.10.2. Type Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Yamazaki Mazak Corp.
10.11.1. Company Overview
10.11.2. Type Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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