Global Computer Numerical Control Machine
Market Report
2025
Computer Numerical Control Machine market size is USD 66814.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.60% from 2024 to 2031
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Computer Numerical Control Machine market size is USD 66814.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.60% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Computer Numerical Control Machine Market Sales Revenue | 121212 | 121212 | 121212 | 10.6% |
North America Computer Numerical Control Machine Market Sales Revenue | 121212 | 121212 | 121212 | 8.8% |
Europe Computer Numerical Control Machine Market Sales Revenue | 121212 | 121212 | 121212 | 9.1% |
Asia Pacific Computer Numerical Control Machine Market Sales Revenue | 121212 | 121212 | 121212 | 12.6% |
South America Computer Numerical Control Machine Market Sales Revenue | 121212 | 121212 | 121212 | 10% |
Middle East Computer Numerical Control Machine Market Sales Revenue | 121212 | 121212 | 121212 | 10.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End-Use |
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Market Split by Distribution channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Computer Numerical Control Machine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Computer Numerical Control (CNC) machines are manufacturing equipment that is equipped with a microprocessor or a computer acting as a controller of that particular machinery. The particular manufacturing instructions are directly inserted in the controlling processor which consists of the different pre-defined programs of manufacturing. The tools equipped with the machinery are lathe, milling, drilling and various others.
The increase in demand for numerous industrial devices and equipment, including medical devices, telecom communication devices, semiconductor production equipment and electric vehicles (EV) is one of the major factors driving the growth of computer numerical control (CNC) machine market.
Growth in the market is accelerated by the growing demand for ultra-precision and five-axis milling machines, which are essential for meeting the needs for producing electric vehicles (EVs).
In October 2020, Siemens demonstrated NCU-SW 6.14, their most recent software release. Three technology packages, One Dynamics 3-axis milling, One Dynamics Operate, and One Dynamics 5-axis milling, were introduced specifically for the CNC Sinumerik One.
One of the key drivers propelling the Computer Numerical Control (CNC) Machine market is the continuous advancement in technological innovations. Manufacturers are investing in research and development to enhance CNC machine capabilities, such as precision, speed, and efficiency. Innovations such as artificial intelligence, machine learning, and Internet of Things (IoT) integration are revolutionizing CNC machines, enabling automation, predictive maintenance, and real-time monitoring. These technological advancements not only improve productivity and quality but also reduce downtime and operational costs, driving the adoption of CNC machines across various industries.
Another significant driver in the CNC Machine market is the increasing demand for customization and complexity in manufacturing processes. Industries such as aerospace, automotive, and healthcare require highly customized and intricate components, driving the need for advanced CNC machines capable of handling complex machining operations. With CNC machines, manufacturers can efficiently produce intricate parts with high precision and repeatability, meeting the growing demand for customized products. Moreover, the ability of CNC machines to handle diverse materials, from metals to composites, further expands their applicability across a wide range of industries, driving market growth.
The high initial investment costs involved in purchasing and implementing CNC machines are one of the main obstacles impeding the growth of the market for computer numerical control (CNC) devices. CNC machines are complex pieces of machinery that need a large initial outlay for infrastructure setup, installation, training, and maintenance in addition to the machine purchase itself. The substantial initial outlay required for CNC technology adoption may act as a deterrent for startups or small and medium-sized businesses (SMEs), thereby restricting market penetration. Furthermore, the expense of modernizing or retrofitting outdated CNC machines with the newest technological developments might put additional pressure on manufacturing companies' budgets, which will limit market expansion.
The COVID-19 pandemic has significantly impacted the Computer Numerical Control (CNC) Machine market, causing disruptions across the manufacturing industry worldwide. As countries implemented lockdown measures and supply chains were disrupted, the demand for CNC machines experienced a downturn due to reduced manufacturing activities and postponed capital investments by industries. Many manufacturing facilities faced temporary closures or reduced operational capacities to comply with social distancing and safety regulations, leading to delays in project timelines and decreased orders for new CNC machines. Moreover, uncertainties surrounding the economic outlook and global trade further dampened investment sentiments, causing companies to postpone or cancel capital expenditure plans, including investments in CNC machinery.
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The competitive landscape of the Computer Numerical Control (CNC) Machine market is characterized by intense competition among key players striving to maintain their market position and gain a competitive edge. Key market players concentrate on tactics like product innovation, technological progress, strategic collaborations, mergers, and acquisitions to enhance their market position and broaden their product range.
In June 2020 Hurco Companies recently launched three new models of CNC turning centers featuring live tooling in the turret. The TM Mi XP range was developed to guarantee precise and smooth operation of driven tool milling.
In May 2018,Bonsai, the AI startup, and Siemens implemented Artificial Intelligence on an actual machine in a trial setting, achieving the first successful application of deep reinforcement learning for the auto-calibration of real-world computer numerical control (CNC) machines.
Top Companies Market Share in Computer Numerical Control Machine Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40%of the global revenue. North America dominates the Computer Numerical Control (CNC) Machine market due to several key factors that bolster its leadership in this industry. The region, particularly the United States, boasts a robust manufacturing sector, advanced technology infrastructure, and a culture of innovation. Moreover, North America is home to some of the world's leading CNC machine manufacturers and technology providers, offering a wide range of high-quality and technologically advanced products. Additionally, the region benefits from a skilled workforce and a strong emphasis on research and development, driving continuous advancements in CNC machining technology.
According to Cognitive Market Research, Asia Pacific is the fastest growing the market in 2024 and accounted for around 23% of the global revenue. Asia Pacific emerges as the fastest-growing region in the Computer Numerical Control (CNC) Machine market due to several dynamic factors propelling its rapid expansion. The region encompasses countries such as China, Japan, South Korea, and India, which are experiencing robust economic growth and industrial development. Moreover, Asia Pacific benefits from a burgeoning manufacturing sector, with increasing investments in automation and advanced manufacturing technologies. Additionally, the region's large population and growing middle class drive demand for CNC machines across various industries, including automotive, aerospace, electronics, and healthcare.
The current report Scope analyzes Computer Numerical Control Machine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Computer Numerical Control Machine market size was estimated at USD 66814.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 26725.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031. North America is a significant region in the Computer Numerical Control (CNC) Machine market, driven by the presence of a well-established manufacturing sector and a strong focus on technological advancements. The region is home to several key players in the CNC machine industry, leading to intense competition and innovation. In terms of segmentation, the North America CNC Machine market can be divided based on machine type, end-use industry, and distribution channel. Machine type segmentation includes milling machines, lathe machines, laser machines, and others. In conclusion, the North America region is poised to witness steady growth in the CNC Machine market, driven by factors such as technological advancements, automation trends, and the region's strong manufacturing base. However, challenges such as the high initial investment cost and skilled labor shortage need to be addressed to unlock the full potential of the market in the region.
According to Cognitive Market Research, the global Computer Numerical Control Machine market size was estimated at USD 66814.2 Million out of which Europe market of more than 30% of the global revenue with a market size of USD 20044.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031. Europe is a prominent region in the Computer Numerical Control (CNC) Machine market, characterized by a strong manufacturing heritage, technological advancements, and a focus on precision engineering. The region's well-established automotive, aerospace, and industrial machinery industries drive the demand for CNC machines. The European CNC Machine market can be segmented based on machine type, end-use industry, and distribution channel. Machine type segmentation includes milling machines, lathe machines, laser machines, and others. In conclusion, Europe is a key region in the global CNC Machine market, driven by its strong manufacturing base, technological innovation, and focus on quality and precision.
According to Cognitive Market Research, the global Computer Numerical Control Machine market size was estimated at USD 66814.2 Million out of which Asia Pacific market of more than 23% of the global revenue with a market size of USD 15367.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.Asia Pacific is a dynamic region in the Computer Numerical Control (CNC) Machine market, driven by the rapid industrialization, urbanization, and technological advancement. Countries such as China, Japan, South Korea, and India are major contributors to the market growth in the region. China, in particular, is a dominant player in the global CNC Machine market, fueled by its massive manufacturing sector and government initiatives to promote advanced manufacturing technologies. The Asia Pacific CNC Machine market can be segmented based on machine type, end-use industry, and distribution channel. Machine type segmentation includes milling machines, lathe machines, laser machines, and others. In conclusion, Asia Pacific presents lucrative opportunities for the CNC Machine market, driven by factors such as rising industrialization, technological advancements, and increasing investments in manufacturing infrastructure.
According to Cognitive Market Research, the global Computer Numerical Control Machine market size was estimated at USD 66814.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 3340.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031. Latin America is an emerging region in the Computer Numerical Control (CNC) Machine market, characterized by a growing industrial base, increasing investments in manufacturing technologies, and a focus on improving production efficiency. The region's proximity to major markets such as North America and Europe also contributes to its attractiveness for CNC machine manufacturers looking to expand their global footprint. The Latin America CNC Machine market can be segmented based on machine type, end-use industry, and distribution channel. Machine type segmentation includes milling machines, lathe machines, laser machines, and others. In conclusion, Latin America presents significant growth opportunities for the CNC Machine market, driven by the region's industrialization efforts and increasing adoption of advanced manufacturing technologies.
According to Cognitive Market Research, the global Computer Numerical Control Machine market size was estimated at USD 66814.2 Million out of which Middle East and Africa market of more than 2.00% of the global revenue with a market size of USD 1336.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031. The Middle East and Africa (MEA) region is experiencing a significant growth trajectory in the Computer Numerical Control (CNC) Machine market, driven by increasing industrialization, infrastructure development, and technological advancements. The MEA CNC Machine market can be segmented based on machine type, end-use industry, and distribution channel. Machine type segmentation includes milling machines, lathe machines, laser machines, and others. In conclusion, the MEA region presents significant growth opportunities for the CNC Machine market, driven by favorable government policies, infrastructure development projects, and increasing investments in manufacturing technologies.
Global Computer Numerical Control Machine Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Computer Numerical Control Machine Industry growth. Computer Numerical Control Machine market has been segmented with the help of its Type, End-Use Distribution channel, and others. Computer Numerical Control Machine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Milling machines emerge as the dominating category in the Computer Numerical Control (CNC) Machine market due to their versatile capabilities and wide range of applications across various industries. Milling machines are extensively used for cutting, shaping, and finishing metal, wood, and other materials with high precision and efficiency. Their ability to perform a diverse range of machining operations, including drilling, tapping, contouring, and slotting, makes them indispensable in industries such as automotive, aerospace, and electronics manufacturing.
Laser machines emerge as the fastest-growing category in the Computer Numerical Control (CNC) Machine market, driven by the increasing demand for precision cutting, engraving, and marking solutions across various industries. Laser machines offer high-speed, high-precision capabilities for cutting and engraving a wide range of materials, including metals, plastics, ceramics, and composites.
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According to Cognitive Market Research, the automotive industry emerges as the dominating end-use category in the Computer Numerical Control (CNC) Machine market, driven by the increasing demand for precision machining and manufacturing of automotive components. CNC machines play a crucial role in the production of various automotive parts, including engine components, transmission parts, chassis components, and interior fittings.
The aerospace and defense industry emerges as the fastest-growing end-use category in the Computer Numerical Control (CNC) Machine market, propelled by the growing demand for complex and precision-engineered components for aircraft, spacecraft, and defense systems. CNC machines play a critical role in the aerospace and defense sector, where stringent quality requirements, tight tolerances, and unique material properties are essential considerations.
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According to Cognitive Market Research, the dominant distribution channel in the Computer Numerical Control (CNC) Machine market is indirect distribution, wherein manufacturers sell their CNC machines through intermediaries such as distributors, dealers, and resellers. Indirect distribution channels offer several advantages, including wider market coverage, enhanced customer reach, and efficient logistics management. CNC machine manufacturers leverage the extensive network of distributors and dealers to penetrate diverse geographical markets and reach a larger customer base.
The fastest-growing distribution channel in the Computer Numerical Control (CNC) Machine market is direct distribution, wherein manufacturers sell their CNC machines directly to end-users without involving intermediaries. Direct distribution channels offer several advantages, including greater control over pricing, branding, and customer relationships. Manufacturers opting for direct distribution can establish a closer connection with customers, understand their specific needs and preferences, and provide tailored solutions and support services.
Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others |
End-Use | Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial, Others |
Distribution channel | Direct, Indirect |
List of Competitors | AMADA MACHINERY CO. LTD.Japan), Amera-Seiki Corporation (US), DMG MORI. (Japan), SCM Group (Italy), General Technology Group Dalian Machine Tool Corporation (China), DATRON (Germany), FANUC CORPORATION (Japan), Haas Automation Inc (US), Hurco Companies Inc. (US) |
This chapter will help you gain GLOBAL Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review Global Computer Numerical Control Machine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review North America Computer Numerical Control Machine Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review Europe Computer Numerical Control Machine Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review Asia Pacific Computer Numerical Control Machine Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review South America Computer Numerical Control Machine Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review Middle East Computer Numerical Control Machine Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Computer Numerical Control Machine. Further deep in this chapter, you will be able to review Middle East Computer Numerical Control Machine Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Computer Numerical Control Machine. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by End-Use Analysis 2021 - 2033
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Chapter 12 Market Split by Distribution channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Computer Numerical Control Machine market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Lathe Machines have a significant impact on Computer Numerical Control Machine market? |
What are the key factors affecting the Lathe Machines and Milling Machines of Computer Numerical Control Machine Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Computer Numerical Control Machine Market? |
Which region is expected to dominate the global Computer Numerical Control Machine Market within the forecast period? |