CNC Machine Tools Market

The CNC Machine Tools market covers CNC Lathe, CNC Milling Machine, CNC Grinding machine, Others, etc. The typical players include Yamazaki Mazak, DMG Mori Seiki, Okuma Corporation, Makino, DMTG, TRUMPF, JTEKT Corporation, Haas Automation, etc.

CNC is the short form for Computer Numerical control. We have seen that the NC machine works as per the program of instructions fed into the controller unit of the machine. The CNC machine comprises of the mini computer or the microcomputer that acts as the controller unit of the machine. While in the NC machine the program is fed into the punch cards, in CNC machines the program of instructions is fed directly into the computer via a small board similar to the traditional keyboard.

CNC Machine Tools Market contains market size and forecasts of CNC Machine Tools in global, including the following market information:

Global CNC Machine Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global CNC Machine Tools Market Sales, 2017-2022, 2023-2028, (Units)

Global top five CNC Machine Tools companies in 2021 (%)

The global CNC Machine Tools market was valued at 23230 million in 2021 and is projected to reach US$ 35220 million by 2028, at a CAGR of 6.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

CNC Lathe Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of CNC Machine Tools include Yamazaki Mazak, DMG Mori Seiki, TRUMPF, Okuma Corporation, JTEKT Corporation, Makino, GROB-WERKE, Doosan Machine Tools and Haas Automation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the CNC Machine Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global CNC Machine Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNC Machine Tools Market Segment Percentages, by Type, 2021 (%)

CNC Lathe

CNC Milling Machine

CNC Grinding Machine

Others

Global CNC Machine Tools Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNC Machine Tools Market Segment Percentages, by Application, 2021 (%)

Automobile

Machinery Manufacturing

Aerospace & Defense

Others

Global CNC Machine Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global CNC Machine Tools Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies CNC Machine Tools revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies CNC Machine Tools revenues share in global market, 2021 (%)

Key companies CNC Machine Tools sales in global market, 2017-2022 (Estimated), (Units)

Key companies CNC Machine Tools sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Yamazaki Mazak

DMG Mori Seiki

TRUMPF

Okuma Corporation

JTEKT Corporation

Makino

GROB-WERKE

Doosan Machine Tools

Haas Automation

GF Machining Solutions

EMAG

Hyundai WIA

Chiron Group

Hermle

Fair Friend Group

Starrag Group

INDEX-Werke

MHI Machine Tool

Hardinge Group

Hurco

Haitian Precision

TORNOS

Qinchuan

Rifa Precision