Executive Summary Computer Numerical Control (CNC) Machine Market :
Global computer numerical control (CNC) market size was valued at USD 87.46 billion in 2024 and is projected to reach USD 197.23 billion by 2032, with a CAGR of 10.70% during the forecast period of 2025 to 2032.
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Computer Numerical Control (CNC) Machine Market Overview
- Segments*
- Machine Type: The CNC machine market can be segmented based on machine type into lathe machines, milling machines, laser machines, grinding machines, welding machines, and others. Each machine type serves specific manufacturing needs and industries, contributing to the overall growth of the market.
- Application: Segmentation by application includes automotive, aerospace, healthcare, electronics, industrial machinery, and others. The automotive and aerospace industries are significant users of CNC machines for precision manufacturing and complex part production, driving the market growth.
- End-User: The market can also be segmented by end-user, which includes large enterprises and small & medium-sized enterprises (SMEs). Large enterprises often utilize CNC machines for mass production, while SMEs benefit from these machines for their flexibility and cost-effectiveness in small batch production.
- Market Players*
- Haas Automation, Inc.: A prominent player in the global CNC machine market, Haas Automation offers a wide range of CNC machines known for their reliability and precision, catering to various industrial applications.
- Mazak Corporation: Mazak Corporation is a leading manufacturer of CNC machines, providing innovative solutions for industries such as automotive, aerospace, and healthcare, contributing significantly to market growth.
- DMG Mori Co., Ltd.: Known for its advanced CNC machine technologies, DMG Mori offers a comprehensive portfolio of machines for diverse manufacturing needs, enhancing its presence in the global market.
- Fanuc Corporation: Fanuc Corporation specializes in CNC controls and robotics, making it a key player in the CNC machine market. Its cutting-edge technologies drive efficiency and productivity in manufacturing processes.
- Yamazaki Mazak Corporation: With a strong focus on precision engineering, Yamazaki Mazak Corporation delivers high-quality CNC machines for various industries, strengthening its position in the market.
- Doosan Machine Tools: Doosan Machine Tools offers a range of CNC machines known for their performance and durability, catering to the evolving needs of the manufacturing sector.