CNC Machine Market Analytics Report, Major Technology Giants, Industry Experts, Growing Popularity, Opportunities

CNC Machine Market overview

 The CNC machine market is expected to experience a steady rise with a compound annual growth rate (CAGR) of 5% from 2022 to 2030. This projected growth can be attributed to the adoption of automated CNC systems and industrial robots, which are equipped with simulation software to enhance productivity and efficiency in various industries.

The CNC machine tools market consists of sales of CNC turning machines, CNC laser machines, and CNC electric discharge machines (EDM).Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.

Automated CNC systems play a significant role in streamlining manufacturing processes. These computer-controlled machines can carry out complex tasks with precision and consistency, reducing the need for manual intervention and human errors. As industries increasingly adopt automated CNC systems, they can achieve higher production rates and improved product quality, contributing to the overall growth of the CNC machine market.

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KEY COMPANIES PROFILED

• Amada Co. Ltd. (Japan)
• Amera Seiki (US)
• Fanuc Corporation (Japan)
• Datron AG (Germany)
• MG Mori (Germany)
• Dalian Machine Tool Group (DMTG) Corporation (China)
• Haas Automation Inc. (US)
• Okuma Corporation (Japan)
• Hurco Companies Inc. (US)
• Yamazaki Mazak Corporation (Japan)

 
MARKET SEGMENTATION

By type

• Laser machine
• Lathe machine
• Grinding machine
• Milling machine
• winding machine
• welding machine

By end-users

• construction industry
• aerospace industry
• equipment factory
• automotive industry
• power and energy industry

By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

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Regional Analysis

By region, the study offers market insights into the North America, Europe, Asia-Pacific, and the Rest of the World.  The Asia Pacific CNC Machine market area dominates the market with the increasing demand for precision products in short lead-time resulting in the increased adoption of CNC machines.  The mass manufacturing of complex applications in the medical, aerospace, and semiconductor industries is expected to increase the growth of the CNC machine market in the Asia Pacific region.

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