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Europe CNC Machine Market: By Type: Lathe Machine, Miller Machine, Laser Machine, Welding Machine, Winding Machine, Others; By Application: Automotive, Aerospace and Defense, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Europe CNC Machine Market Outlook

The Europe CNC machine market was valued at USD 21.3 billion in 2020. The market is expected to grow at a CAGR of 7.6% between 2022 to 2027.

 

Europe CNC Machine Market

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The Europe CNC machine market is driven by the rising demand for mass production in the aerospace and defence industry, along with growing demand from the industrial verticals. The industry is supported by the technological advancements in automation, which has aided the manufacturers by reducing the machine time.

 

Market Segmentation

CNC (Computer numerical control) is a technique of automating the control of machine instruments by using software integrated with a microcomputer connected to the instrument. Mills, lathes, routers, grinders, and lasers are the popular machine tools that can be automated through CNC activities.

 

Europe CNC Machine Market By Type

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The Europe CNC machine market can be divided based on segments like types and applications.

The industry can be divided based on types as:

  • Lathe Machine
  • Miller Machine
  • Laser Machine
  • Welding Machine
  • Winding Machine
  • Others

The industry can be broadly categorised based on its applications into:

  • Automotive
  • Aerospace and Defence
  • Construction Equipment
  • Power and Energy
  • Industrial
  • Others

The EMR report looks into the regional CNC machine market in Europe like the United Kingdom, Germany, France, and Spain, among others.

 

Europe CNC Machine Market By Region

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Market Analysis

The industry has experienced a significant development due to the increased demand from the automotive producers for computer numerical control (CNC) devices. Automation is increasingly preferred as it helps to decrease general operating costs. This, in turn, is anticipated over the forecast period to drive the product demand. The increasing demand for aerospace and defence mass production, as well as from other industrial verticals, is promoting the implementation of CNC machines. The industry is also expected to be driven by the technological advancements in automation that have reduced machining time for manufacturers. The growing energy sector is expected to drive the market, especially in France. The need for precision and accuracy in the production of components such as turbines and rotor shafts is expected to be significant industry driver. The advancements in wireless technology have made it possible for IoT-compatible computer numerical control devices to provide users with comfort, further aiding the growth of the industry.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the Europe CNC machine market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Bosch Rexroth AG        
  • Amada Machine Tools Co., Ltd. 
  • FANUC Europe Corporation 
  • Mondragon Corporation       
  • Hurco Europe Ltd       
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Country
Breakup by Type Lathe Machine, Miller Machine, Laser Machine, Welding Machine, Winding Machine, Others
Breakup by Application Automotive, Aerospace & Defence, Construction Equipment, Power & Energy, Industrial, Others
Breakup by Country United Kingdom, Germany, France, Spain, Others
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Bosch Rexroth AG, Amada Machine Tools Co., Ltd., FANUC Europe Corporation, Mondragon Corporation, Hurco Europe Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Snapshot
    6.1    Europe
7    Industry Opportunities and Challenges
8    Europe CNC Machine Market Analysis

    8.1    Key Industry Highlights
    8.2    Europe CNC Machine Historical Market (2017-2021) 
    8.3    Europe CNC Machine Market Forecast (2022-2027)
    8.4    Europe CNC Machine Market by Type
        8.4.1    Lathe Machine
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Miller Machine
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Laser Machine
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Welding Machine
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Winding Machine
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Others
    8.5    Europe CNC Machine Market by Application
        8.5.1    Automotive 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Aerospace and Defense 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Construction Equipment
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Power and Energy   
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Industrial 
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Europe CNC Machine Market by Country
        8.6.1    Market Share
            8.6.1.1    UK
            8.6.1.2    Germany
            8.6.1.3    Italy
            8.6.1.4    France
            8.6.1.5    Others
9    Regional Analysis
    9.1    UK
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
    9.2    Germany
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
    9.3    Italy
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
    9.4    France
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
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
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Bosch Rexroth AG 
            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    Amada Machine Tools Co., Ltd.
            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    FANUC Europe 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    Mondragon 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    Hurco Europe Ltd 
            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    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Europe CNC Machine Market: Key Industry Highlights, 2016 and 2026
2.    Europe CNC Machine Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Europe CNC Machine Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Europe CNC Machine Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Europe CNC Machine Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Europe CNC Machine Historical Market: Breakup by Country (USD Million), 2017-2021
7.    Europe CNC Machine Market Forecast: Breakup by Country (USD Million), 2022-2027
8.    Europe CNC Machine Market Structure

Key Questions Answered in the Report

The Europe CNC machine market reached a value of USD 21.3 billion in 2020.

The market is projected to grow at a CAGR of nearly 7.6% in the forecast period of 2022-2027.

The major drivers of the industry include rising disposable incomes, increasing population, rising demand from the automotive producers for computer numerical control (CNC) devices, rising demand for aerospace and defence mass production, and the rising technological advancements in automation.

The rising demand for precision and accuracy in the production of components like turbines and rotor shafts is expected to be a key trend guiding the growth of the industry.

The United Kingdom, Germany, Italy, and France, among others are the leading regions in the market.

The leading types of the product in the industry are lathe, miller, laser, welding, and winding machines, among others.

The major application segments of the product are automotive, aerospace and defence, construction equipment, power, and energy, and industrial, among others.

The leading players in the market are Bosch Rexroth AG, Amada Machine Tools Co., Ltd., FANUC Europe Corporation, Mondragon Corporation, and Hurco Europe Ltd, among others.

Analyst Review

The Europe CNC machine market attained a value of USD 21.3 billion in 2020, driven by the increased demand for aerospace and defence mass production. Aided by the growing technological advancements in automation, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.6%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the Europe market for CNC machine can be segmented into lathe, miller, laser, welding, and winding machines, among others. On the basis of application, the industry is divided into automotive, aerospace and defence, construction equipment, power, and energy, and industrial, among others. The major regional markets for CNC machine in Europe are the United Kingdom, Germany, Italy, and France, among others. The key players in the above industry include Bosch Rexroth AG, Amada Machine Tools Co., Ltd., FANUC Europe Corporation, Mondragon Corporation, and Hurco Europe Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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