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Global Computer Numerical Control Machine Tools Market: By Type: Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Others; By End Use: Automotive, Industrial, Power and Energy, Others; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032
Global Computer Numerical Control Machine Tools Market Outlook
The global computer numerical control machine tools market is likely to expand at a CAGR of 9.8% during 2024-2032. Europe, North America and Asia are likely to be major markets.
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Global Market Likely to be Driven by Increasing Demand for Automation and Accuracy in Production Processes
Computer numerical control (CNC machining) refers to a computer-assisted, high-precision production process. Pre-programmed CAD software is employed to automate controlled machining and remove the need for an operator. A key advantage of computer numerical control machines is that these are able to run unsupervised during the machining cycle and production process, enabling the operator to perform other jobs at some other place. This significantly decreases human error in the controlled machining process and enables high precision production of the various parts. Computer numerical control machining also offers precise and consistent workpieces. Such advantages are expected to boost the global computer numerical control machine tools market. All CNC machines function according to a 3-axis motion control procedure. The X, Y, and Z axes are placed with great precision along their length of travel. While most axes are placed linearly, some move around a circular component.
Beside the various axes within which the computer numerical control machining production process operates, a variety of computer numerical control machine tools enable a range of cuts and incisions to be executed. Computer numerical control machine tools are vital to all computer numerical control machining operations. A cutting tool is one fastened to a CNC machine employed to remove substances from the workpiece through shear deformation. The machines function as the tool spins rapidly, generating chips and cuts at the workpiece at multiple or singular points. Machine tools employed in the production process used within the manufacturing process have an effect on the chip size removed from the material. Speed and feed rate also affect the outcome of controlled machining. Examples of computer numerical control machine tools include End mills (Ball, Flat, Chamfer and Bull) Face mill, Slot Tools, Corner Rounding Tools, Tap, Counterbore, Reamer, Twist Drill, Spot-centre Drill.
Leading Companies Offer Advanced Solutions
Leading international CNC machinery firms include:
Maschinenfabrik Berthold Hermle AG: A leading producer of CNC milling machines, with nearly 22,000 machines set up and over 1000 employees across the world.
Okuma: Offers a range of CNC lines. The company has a distribution network comprising almost two thousand sales, service, application engineering, and backoffice personnel.
Datron AG: Offers CNC milling machines for high-speed milling and 3D engraving, dispensing machines for quick and precise sealing and bonding, dental milling machines, and tools for high-speed processing.
Mazak: A leading player in the production of advanced technology solutions; offerings include hybrid multi-tasking, multi-tasking, milling, 5-axis, CNC controls, turning, and automation solutions.
Market Segmentation
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By type, the global computer numerical control machine tools market is divided into:
- Milling Machines
- Lathe Machines
- Grinding Machines
- Laser Machines
- Winding Machines
- Welding Machines
- Others
By end use, the market is classified into:
- Industrial
- Power and Energy
- Aerospace and Defence
- Construction Equipment
- Others
On the basis of region, the market is divided into:
- Europe
- Latin America
- Asia Pacific
- Middle East and Africa
- North America
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Key Industry Players in the Market
The report comprehensively assesses significant players in the global computer numerical control machine tools market, evaluates their capacity, and latest events such as plant turnarounds, capacity expansions, and mergers and acquisitions; key players include:
- Okuma Corporation
- Amera- Seiki Corporation
- Yamazaki Mazak Corporation
- Komatsu NTC Ltd.
- DATRON CNC Milling Machines
- The Lincoln Electric Company
- ANCA Pty Ltd
- XYZ Machine Tools Limited
- Others
Key Highlights of the Report
| 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:
|
| Breakup by Type |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| 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 Player
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
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Computer Numerical Control Machine Tools Market Analysis
8.1 Key Industry Highlights
8.2 Global Computer Numerical Control Machine Tools Historical Market (2018-2023)
8.3 Global Computer Numerical Control Machine Tools Market Forecast (2024-2032)
8.4 Global Computer Numerical Control Machine Tools Market by Type
8.4.1 Lathe Machines
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 Milling Machines
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 Machines
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 Grinding Machines
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 Welding Machines
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Winding Machines
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2023)
8.4.6.3 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Computer Numerical Control Machine Tools Market by End Use
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 Industrial
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 Power and Energy
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 Aerospace and Defense
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 Construction Equipment
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 Global Computer Numerical Control Machine Tools Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Computer Numerical Control Machine Tools Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Computer Numerical Control Machine Tools Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Computer Numerical Control Machine Tools Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Computer Numerical Control Machine Tools Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Computer Numerical Control Machine Tools Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Okuma Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Amera- Seiki Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Yamazaki Mazak Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Komatsu NTC Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 DATRON CNC Milling Machines
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 The Lincoln Electric Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 ANCA Pty Ltd
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 XYZ Machine Tools Limited
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Computer Numerical Control Machine Tools Market: Key Industry Highlights, 2018 and 2032
2. Global Computer Numerical Control Machine Tools Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Computer Numerical Control Machine Tools Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Computer Numerical Control Machine Tools Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Computer Numerical Control Machine Tools Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Computer Numerical Control Machine Tools Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Computer Numerical Control Machine Tools Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Computer Numerical Control Machine Tools Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Computer Numerical Control Machine Tools Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Computer Numerical Control Machine Tools Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Computer Numerical Control Machine Tools Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Computer Numerical Control Machine Tools Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Computer Numerical Control Machine Tools Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Computer Numerical Control Machine Tools Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Computer Numerical Control Machine Tools Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Computer Numerical Control Machine Tools Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Computer Numerical Control Machine Tools Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Computer Numerical Control Machine Tools Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 9.8% in the forecast period of 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the increasing application of computer numerical control machine tools across various end use industries, such as automotive and construction, growing need for accurate and precise production equipment, and the ability of the product to produce complex designs.
The technological advancements in the major end use industries of the product including aerospace and defence and rapid urbanisation and infrastructure development, are key trends in the market.
Computer numerical control machine tools are used to make industrial components, equipment, and engineering materials with high precision and accuracy.
In the manufacturing sector, computer numerical control machine tools are used to facilitate various manufacturing operations such as shearing, forming, welding, and grinding, among others.
Computer numerical control machine tools are witnessing promising growth owing to the increasing application of this product across industries such as automotive, medical, and aviation, among others. The increasing complexity of machining technology is further propelling the demand for computer numerical control machine tools.
Lathe machines, milling machines, laser machines, grinding machines, welding machines, and winding machines, among others are the different segments based on types of computer numerical control machine tools.
Automotive, industrial, power and energy, aerospace and defensedefence, and construction equipment, among others are the major end uses of the product included in the market report.
The major players in the industry are Okuma Corporation, Amera- Seiki Corporation, Yamazaki Mazak Corporation, Komatsu NTC Ltd., DATRON CNC Milling Machines, The Lincoln Electric Company, ANCA Pty Ltd, and XYZ Machine Tools Limited, among others.
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