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The Central and Eastern Europe CNC machine market size is expected to grow at a CAGR of 7.20% to during the forecast period of 2024-2032, driven by growing use in power generation and automation processes for manufacturing.
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Computer Numerical Control (CNC) machines are pieces of manufacturing equipment that have a microprocessor or computer built into them that controls that specific machinery. They are directly put into the controlling processor, which consists of several pre-defined production programmes. Lathes, milling machines, drilling machines, and several other tools are included in the machinery.
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Based on type, the market is divided into lathe machines, miller machines, laser machines, welding machines, and winding machines. On the basis of application, the market is segmented into automotive, aerospace and defence, construction equipment, power and energy, and industrial, among others. Based on country, the market for CNC machines in Central and Eastern Europe can be categorised into Poland, Romania, Czech Republic, Hungary, and Bulgaria, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Central and Eastern Europe CNC machine market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
The lathe machine segment is anticipated to experience significant expansion, over the forecast period. The automotive industry's growing need for CNC lathe machines to produce custom parts including cylinder heads, gearboxes, starter motors, and other prototyping applications is anticipated to propel Central and Eastern Europe CNC machine market development. Additionally, the market growth is anticipated to benefit from technical developments in existing CNC lathe systems with new features employed for a variety of applications.
Over the forecast period, there will likely be a major increase in demand for laser machines. Due to the increasing demand from semiconductor manufacturing companies for CNC laser cutting equipment to address the ongoing semiconductor shortage in various industries, the market is expected to grow throughout the forecasted period.
With the expanding use of CNC fibre laser cutting equipment in the sheet metal processing and kitchenware industries, growth of the Central and Eastern Europe CNC machine market is also predicted to be favourable in the coming years. Additionally, it is anticipated that the demand for CNC laser machines will increase as a result of growing demand for automated metal cutting operations and growing adoption of digitalisation in manufacturing processes to create components and products with complex geometries.
The industrial sector is expected to continue to lead during the forecast period, in terms of applications. The general manufacturing sectors of packaging, electronics, medicine, and other general industries are included in the industrial segment. Rising demand for fully automated and turnkey CNC machines is predicted to be the primary driver of growth over the forecast period as producers ramp up output to meet increasing demands.
It is anticipated that the surge in electric vehicle sales and the rise in demand for the production of ultra-precision parts for electric vehicles would favour the expansion of the automotive sector throughout the course of the forecast period. The demand for customised automobile parts is expected to increase, for components such as crankshafts, motor pumps, and cylinder heads, further supporting the Central and Eastern Europe CNC machine market growth.
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UNITED GRINDING Group, with its eight corporate brands, is one of the top producers of precision machines for grinding, eroding, lasering, measuring, and combined machining. The state-of-the-art technologies created by the companies in the UNITED GRINDING Group are used in numerous industries and have a variety of applications, from mass production to single component manufacture. The company is headquartered in Switzerland.
Starrag Group Holding AG, a holding company with its headquarters in Switzerland, produces machine tools for boring, milling, turning, and grinding small, medium-sized, and larger workpieces made of composite and metallic materials. The business offers integrated technology and maintenance services in addition to its range of machine tools.
Mazak Corporation, founded in 1919 creates automation systems with the ‘done in one’ philosophy to support global manufacturing by providing exceptional productivity and versatility. They also create cutting-edge machine tools like multitasking centres, CNC turning centres, machining centres, and laser processing equipment.
Other market players include Okuma Corporation, Makino Inc., Seron, Cormak, Fanuc Europe Corporation, Bosch Rexroth AG, and Hurco Europe Ltd, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Central and Eastern Europe CNC Machine Market Analysis
8.1 Key Industry Highlights
8.2 Central and Eastern Europe CNC Machine Historical Market (2018-2023)
8.3 Central and Eastern Europe CNC Machine Market Forecast (2024-2032)
8.4 Central and Eastern Europe CNC Machine Market by Type
8.4.1 Lathe Machine
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Miller Machine
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Laser Machine
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Welding Machine
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Winding Machine
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.5 Central and Eastern Europe CNC Machine Market by Application
8.5.1 Automotive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Aerospace & Defence
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Construction Equipment
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Power & Energy
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Industrial
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Central and Eastern Europe CNC Machine Market by Country
8.6.1 Market Share
8.6.1.1 Poland
8.6.1.2 Romania
8.6.1.3 Czech Republic
8.6.1.4 Hungry
8.6.1.5 Bulgaria
8.6.1.6 Others
9 Regional Analysis
9.1 Poland
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Romania
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Czech Republic
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Hungry
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Bulgaria
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
11 Impact Analysis of CEE CNC Market of Russia Ukraine War, Rising Commodity Prices, Inflation and Economic Slowdown
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 UNITED GRINDING Group
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Starrag Group Holding AG
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Mazak Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Okuma Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Makino Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Seron
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Cormak
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Fanuc Europe Corporation
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Bosch Rexroth AG
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Hurco Europe Ltd
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Central and Eastern Europe CNC Machine Market: Key Industry Highlights, 2018 and 2032
2. Central and Eastern Europe CNC Machine Historical Market: Breakup by Type (USD Million), 2018-2023
3. Central and Eastern Europe CNC Machine Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Central and Eastern Europe CNC Machine Historical Market: Breakup by Application (USD Million), 2018-2023
5. Central and Eastern Europe CNC Machine Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Central and Eastern Europe CNC Machine Market Structure
During the forecast period of 2024 and 2032, the market is expected to grow at a CAGR of 7.20%.
The major drivers of the market include rising concerns over global warming and depleting energy reserves, growing use in power generation, rise in demand for the production of ultra-precision parts for electric vehicles, and growing adoption of digitalisation in manufacturing processes.
Increasing demand for semiconductor production equipment, medical devices, electric vehicles (EV), and telecom communication devices and an increase in the preference for automated CNC systems are the key industry trends influencing the market.
The major players in the Central and Eastern Europe CNC machine market are UNITED GRINDING Group, Starrag Group Holding AG, Mazak Corporation, Okuma Corporation, Makino Inc., Seron, Cormak, Fanuc Europe Corporation, Bosch Rexroth AG, and Hurco Europe Ltd, among others.
Movements of a machine are managed, automated, and controlled using computer numerical control or CNC machines. The tools controlled by the CNC machine may be a robot, milling machine, welder, lathe, laser or waterjet cutter, router, grinder, sheet metal stamping machine, or any number of other tools.
A CNC router is skilled in quickly and precisely cutting or engraving materials. It can cut materials including plastic, foam, wood, composites, and acrylic, and in the form of laser cutters is excellent for precisely cutting steel, aluminium, and other metal plates.
Many industries employ computer numerical control (CNC) equipment to produce the unique parts they require in order to meet specific stringent criteria. These industries need parts that are very precise, dependable, and well-made. Parts for the aerospace, electronics, and medical industries are just a few common CNC industrial uses.
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