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 aims to provide a comprehensive presentation of the global market for CNC Machine Tools, 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 Tools. 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, 2018-2023, 2024-2029, ($ millions)

Global CNC Machine Tools Market Sales, 2018-2023, 2024-2029, (Units)

Global top five CNC Machine Tools companies in 2022 (%)

The global CNC Machine Tools market was valued at US$ 23230 million in 2022 and is projected to reach US$ 35220 million by 2029, at a CAGR of 6.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global CNC machine tools market include Yamazaki Mazak, DMG Mori Seiki, Okuma Corporation, DMTG, TRUMPF, etc. The top 5 players occupy about 30% shares of the global market. APAC and Europe are main markets, they occupy about 70% of the global market. CNC Lathe is the main type, with a share about 65%. Automobile is the main application, which holds a share over 35%.

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:

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

• Automobile
• Machinery Manufacturing
• Aerospace & Defense
• Others

• 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

• Key companies CNC Machine Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies CNC Machine Tools revenues share in global market, 2022 (%)
• Key companies CNC Machine Tools sales in global market, 2018-2023 (Estimated), (Units)
• Key companies CNC Machine Tools sales share in global market, 2022 (%)

• 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

• Chapter 1: Introduces the definition of CNC Machine Tools, market overview.
• Chapter 2: Global CNC Machine Tools market size in revenue and volume.
• Chapter 3: Detailed analysis of CNC Machine Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of CNC Machine Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global CNC Machine Tools capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.