The Market Reports

Synopsis

The global market for CNC Machine Tool was estimated to be worth US$ 66920 million in 2024 and is forecast to a readjusted size of US$ 96020 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.

A CNC (Computer Numerical Control) machine tool is a type of automated machining equipment controlled by a computer program. It utilizes pre-programmed sequences of commands to control the movement and operation of machine tools such as drills, lathes, mills, routers, and grinders. CNC machine tools are widely used in manufacturing industries for precision machining of various materials including metals, plastics, wood, and composites.

Global key players of CNC Machine Tool include Yamazaki Mazak, Trumpf, Okuma Corporation, Makino, JTEKT Corporation, etc. The top five players hold a share about 20%. Asia-Pacific is the largest market, and has a share about 39%, followed by Europe and North America with share 36% and 19%, separately. In terms of product type, CNC Lathe Machine is the largest segment, occupied for a share of 40%. In terms of application, Machinery Manufacturing is the largest field with a share about 34 percent.

This report aims to provide a comprehensive presentation of the global market for CNC Machine Tool, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of CNC Machine Tool by region & country, by Type, and by Application.

The CNC Machine Tool market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CNC Machine Tool.

Market Segmentation

By Company

• Yamazaki Mazak
• Trumpf
• Okuma Corporation
• Makino
• JTEKT Corporation
• DMG Mori Seiki
• DN Solutions
• Grob-Werke
• Haas Automation
• Hermle
• GF Machining Solutions
• Haitian Precision
• Shenzhen Create Century Machinery
• Chiron Group
• StarragTornos
• EMAG
• Hyundai WIA
• Nidec Machine Tool Corporation
• Neway CNC
• INDEX-Werke
• Hardinge Group
• Qinchuan
• Rifa Precision
• Hurco
• Guosheng Group
• Shenyang Machine Tool
• Zhejiang Headman Machinery

Segment by Type

• CNC Lathe Machine
• CNC Milling Machine
• CNC Grinding Machine
• Others

Segment by Application

• Machinery Manufacturing
• Automobile
• Aerospace & Defense
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.