Global CNC Machine Tools Market Report 2024

CNC Machine Tools Global Market Report 2024 – By Product Type (Milling Machines, Drilling Machines, Grinding Machines, Other Product Types), By Material (Aluminum, Stainless steel, Titanium, Other Material), By Application (Automotive, General Machinery, Precision Engineering, Transport Machinery, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

CNC Machine Tools Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

CNC Machine Tools Market Definition And Segments

CNC is a manufacturing process that automates machine tools' control, movement, and perfection by applying preprogrammed computer software incorporated into the tools. It is a computerized manufacturing method that regulates the movement of production equipment using code.

The main products of CNC machine tools are milling machines, drilling machines, grinding machines, and others. Milling machines refer to a machine that uses rotating cutting tools to remove material from a workpiece, which is held in place on a table or a fixture. Computer numerical control milling machine is used in a variety of applications such as surface contours, milling profiles, cutting operations, and others. The various materials of CNC machine tools include aluminum, stainless steel, titanium, and others that are used in automotive, general machinery, precision engineering, transport machinery, and others.

The CNC machine tools market covered in this report is segmented –

1) By Product Type: Milling Machines, Drilling Machines, Grinding Machines, Other Product Types

2) By Material: Aluminum, Stainless steel, Titanium, Other Material

3) By Application: Automotive, General Machinery, Precision Engineering, Transport Machinery, Other Applications

The CNC machine tools market size has grown strongly in recent years. It will grow from $26.83 billion in 2023 to $28.33 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to heritage restoration projects, preference for durable materials, cultural significance, public infrastructure projects, limited alternatives in the past.

The CNC machine tools market size is expected to see steady growth in the next few years. It will grow to $34.25 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to mixed material designs, community and public spaces design, globalization of designs, advancements in durability, regulations favoring traditional materials. Major trends in the forecast period include variety in colors and finishes, innovations in installation techniques, smart landscaping and integration with technology, customization for modern applications, craftsmanship and artistry.

Rising Manufacturing Activities Fueling Growth In The CNC Machine Tool Market

The growth of manufacturing activities is expected to propel the growth of the CNC machine tool market going forward. Manufacturing activities refer to transforming raw materials, components, or parts into finished products that can be sold to consumers or used in other industries. Computer numerical control machine tools in manufacturing activities enable the automation of control, precision, and movement of equipment with the help of software that is integrated inside the machine tools. As manufacturing activities grow, there is an increase in dependency on CNC machine tools. For instance, in March 2022, according to the United Nations Industrial Development Organization, an Austria-based specialized agency of industrial and economic development, in the year 2021, the global manufacturing production of goods rose by 9.4%, respectively, as compared to 2020, where the manufacturing activities encountered a drop of 4.2% due to the pandemic crises. Therefore, the growth of manufacturing activities is driving the growth of the CNC machine tool market.

Expanding Automotive Industry Driving Growth In The CNC Machine Tool Market

The expanding automotive industry is expected to propel the growth of the CNC machine tool market going forward. The automotive industry refers to a sector that involves various companies and organizations engaged in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. The automotive industry uses CNC machine tools for the precision manufacturing of vehicle components due to their accuracy, repeatability, and efficiency in producing complex parts. For instance, in January 2023, according to MarkLines Co. Ltd., a US-based provider of online information services to the automotive industry, there were 1.287 billion units of light vehicles sold in the US in 2022, a 5.4% increase from the same month in 2021. Also, truck and SUV sales increased 5.3% from December 2021 to 1.02 billion units, while passenger car sales increased 5.7% to 0.266 billion units. Therefore, the expanding automotive industry is driving the growth of the CNC machine tool market.

Major companies operating in the CNC machine tools market report are Amada Co. Ltd., Yamazaki Mazak Corporation, DMG MORI CO. LTD., TRUMPF Group, Dalian Machine Tool Group Corporation, Haas Automation Inc., Okuma Corporation, Shenyang Machine Tool Co. Ltd., Hurco Companies Inc., JTEKT Corporation, Makino Milling Machine Co. Ltd., GROB-WERKE GmbH & Co. KG., Doosan Machine Tools Co. Ltd., Haitian Precision Machinery Co. Ltd., Gleason Corporation, 3A Composites, FANUC Corporation, GF Machining Solutions Management SA, Chiron Group, Komatsu NTC Ltd., Schuler AG, INDEX-Werke GmbH & Co. KG Hahn & Tessky, Hardinge Inc., Gosiger Tools Inc., Elite Tool Engineering Inc., Central Machinery Tools Inc., Detroit Machine Tools, Hermle Inc., Mitsubishi Electric Power Products Inc., Nakamura-Tome Precision Engineering Co. Ltd.

Tech Advancements Reshaping The CNC Machine Tool Market

Advancements in technology are a key trend gaining popularity in the CNC machine tool market. Companies operating in the CNC machine tool market are adopting new technologies to sustain their position in the market. For instance, in June 2022, LMW Machine Tool, an India-based CNC machine manufacturing company, launched 2 new machines JG 50 Vertical Machining Center and LF20C Twin G Twin Turret Chucker. The JG 50, a compact and high-speed moving column vertical machining center (VMC), is designed to fulfill the modern industry's demands for high accuracy and high-volume production. It has undergone rigorous testing to ensure precision while meeting stringent quality parameters for mass production. On the other hand, the LF20C Twin G is a high productivity turning machine, also known as a Chucker, equipped with dual spindles and dual turrets, effectively combining two CNC Turning Centers into a single machine.

Driving Innovation Through Strategic Partnerships In The CNC Machine Tool Market

Major companies operating in the CNC machine tool industry are adopting a strategic partnership approach to leverage complementary expertise, expand market reach, and accelerate innovation in technology and solutions. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in April 2023, Mitsubishi Electric India Pvt. Ltd., an India-based commercial company, partnered with SolidCAM, a US-based provider of CAM software for CNC machining and the distribution of related digital manufacturing solutions. Through strategic collaborations, these companies aim to expedite CNC technology advancement, granting Mitsubishi Electric CNC solutions a competitive edge and positioning them as the favored selection among end users, fostering growth and innovation in the industry.

Core Industrial Partners LLC Acquires D&R Machine Company To Enhancing Cadrex's Aerospace And Defense Manufacturing Footprint

In February 2023, CORE Industrial Partners LLC, a US-based private equity firm, acquired D&R Machine Company for an undisclosed amount. The acquisition of D&R Machine bolsters Cadrex's North American presence, expanding its footprint to 21 facilities, which now encompasses specialized aerospace and defense manufacturing sites strategically positioned on both the East and West coasts, along with the Midwest region. D&R Machine Company is a US-based provider of CNC precision machining solutions for the aerospace & defense market.

Asia-pacific was the largest region in the CNC machine tools market in 2023. The regions covered in the CNC machine tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the CNC machine tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The CNC machine tools market research report is one of a series of new reports from The Business Research Company that provides CNC machine tools market statistics, including CNC machine tools industry global market size, regional shares, competitors with a CNC machine tools market share, detailed CNC machine tools market segments, market trends and opportunities, and any further data you may need to thrive in the CNC machine tools industry. This CNC machine tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

CNC Machine Tools Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $28.33 billion
Revenue Forecast In 2033 $34.25 billion
Growth Rate CAGR of 4.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Type: Milling Machines, Drilling Machines, Grinding Machines, Other Product Types
2) By Material: Aluminum, Stainless steel, Titanium, Other Material
3) By Application: Automotive, General Machinery, Precision Engineering, Transport Machinery, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Amada Co. Ltd.; Yamazaki Mazak Corporation; DMG MORI CO. LTD.; TRUMPF Group; Dalian Machine Tool Group Corporation; Haas Automation Inc.; Okuma Corporation; Shenyang Machine Tool Co. Ltd.; Hurco Companies Inc.; JTEKT Corporation; Makino Milling Machine Co. Ltd.; GROB-WERKE GmbH & Co. KG.; Doosan Machine Tools Co. Ltd.; Haitian Precision Machinery Co. Ltd.; Gleason Corporation; 3A Composites; FANUC Corporation; GF Machining Solutions Management SA; Chiron Group; Komatsu NTC Ltd.; Schuler AG; INDEX-Werke GmbH & Co. KG Hahn & Tessky; Hardinge Inc.; Gosiger Tools Inc.; Elite Tool Engineering Inc.; Central Machinery Tools Inc.; Detroit Machine Tools; Hermle Inc.; Mitsubishi Electric Power Products Inc.; Nakamura-Tome Precision Engineering Co. Ltd.
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    Table Of Contents

    1. Executive Summary

    2. CNC Machine Tools Market Characteristics

    3. CNC Machine Tools Market Trends And Strategies

    4. CNC Machine Tools Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global CNC Machine Tools Market Size and Growth

    5.1. Global CNC Machine Tools Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global CNC Machine Tools Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global CNC Machine Tools Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. CNC Machine Tools Market Segmentation

    6.1. Global CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Milling Machines

    Drilling Machines

    Grinding Machines

    Other Product Types

    6.2. Global CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Aluminum

    Stainless steel

    Titanium

    Other Material

    6.3. Global CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive

    General Machinery

    Precision Engineering

    Transport Machinery

    Other Applications

    7. CNC Machine Tools Market Regional And Country Analysis

    7.1. Global CNC Machine Tools Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global CNC Machine Tools Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific CNC Machine Tools Market

    8.1. Asia-Pacific CNC Machine Tools Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China CNC Machine Tools Market

    9.1. China CNC Machine Tools Market Overview

    9.2. China CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India CNC Machine Tools Market

    10.1. India CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan CNC Machine Tools Market

    11.1. Japan CNC Machine Tools Market Overview

    11.2. Japan CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia CNC Machine Tools Market

    12.1. Australia CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia CNC Machine Tools Market

    13.1. Indonesia CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea CNC Machine Tools Market

    14.1. South Korea CNC Machine Tools Market Overview

    14.2. South Korea CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe CNC Machine Tools Market

    15.1. Western Europe CNC Machine Tools Market Overview

    15.2. Western Europe CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK CNC Machine Tools Market

    16.1. UK CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany CNC Machine Tools Market

    17.1. Germany CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France CNC Machine Tools Market

    18.5. France CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy CNC Machine Tools Market

    19.9. Italy CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain CNC Machine Tools Market

    20.13. Spain CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe CNC Machine Tools Market

    21.1. Eastern Europe CNC Machine Tools Market Overview

    21.2. Eastern Europe CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia CNC Machine Tools Market

    22.1. Russia CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America CNC Machine Tools Market

    23.1. North America CNC Machine Tools Market Overview

    23.2. North America CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA CNC Machine Tools Market

    24.1. USA CNC Machine Tools Market Overview

    24.2. USA CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada CNC Machine Tools Market

    25.1. Canada CNC Machine Tools Market Overview

    25.2. Canada CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America CNC Machine Tools Market

    26.1. South America CNC Machine Tools Market Overview

    26.2. South America CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil CNC Machine Tools Market

    27.1. Brazil CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East CNC Machine Tools Market

    28.1. Middle East CNC Machine Tools Market Overview

    28.2. Middle East CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa CNC Machine Tools Market

    29.1. Africa CNC Machine Tools Market Overview

    29.2. Africa CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. CNC Machine Tools Market Competitive Landscape And Company Profiles

    30.1. CNC Machine Tools Market Competitive Landscape

    30.2. CNC Machine Tools Market Company Profiles

    30.2.1. Amada Co. Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Yamazaki Mazak Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. DMG MORI CO. LTD.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. TRUMPF Group

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Dalian Machine Tool Group Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global CNC Machine Tools Market Competitive Benchmarking

    32. Global CNC Machine Tools Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The CNC Machine Tools Market

    34. CNC Machine Tools Market Future Outlook and Potential Analysis

    34.1 CNC Machine Tools Market In 2028 - Countries Offering Most New Opportunities

    34.2 CNC Machine Tools Market In 2028 - Segments Offering Most New Opportunities

    34.3 CNC Machine Tools Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global CNC Machine Tools Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global CNC Machine Tools Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Amada Co. Ltd. Financial Performance
  • Table 75: Yamazaki Mazak Corporation Financial Performance
  • Table 76: DMG MORI CO. LTD. Financial Performance
  • Table 77: TRUMPF Group Financial Performance
  • Table 78: Dalian Machine Tool Group  Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global CNC Machine Tools Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global CNC Machine Tools Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, CNC Machine Tools Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, CNC Machine Tools Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, CNC Machine Tools Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Amada Co. Ltd. Financial Performance
  • Figure 75: Yamazaki Mazak Corporation Financial Performance
  • Figure 76: DMG MORI CO. LTD. Financial Performance
  • Figure 77: TRUMPF Group Financial Performance
  • Figure 78: Dalian Machine Tool Group  Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the cnc machine tools market?

CNC is a manufacturing process that automates machine tools' control, movement, and perfection by applying preprogrammed computer software incorporated into the tools. It is a computerized manufacturing method that regulates the movement of production equipment using code. For further insights on the cnc machine tools market, request a sample here

How will the cnc machine tools market drivers and restraints affect the cnc machine tools market dynamics? What forces will shape the cnc machine tools industry going forward?

The cnc machine tools market major growth driver - rising manufacturing activities fueling growth in the cnc machine tool market. For further insights on the cnc machine tools market, request a sample here

What is the forecast market size or the forecast market value of the cnc machine tools market ?

The cnc machine tools market size has grown strongly in recent years. It will grow from $26.83 billion in 2023 to $28.33 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to heritage restoration projects, preference for durable materials, cultural significance, public infrastructure projects, limited alternatives in the past.. The cnc machine tools market size is expected to see steady growth in the next few years. It will grow to $34.25 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to mixed material designs, community and public spaces design, globalization of designs, advancements in durability, regulations favoring traditional materials.. Major trends in the forecast period include variety in colors and finishes, innovations in installation techniques, smart landscaping and integration with technology, customization for modern applications, craftsmanship and artistry.. For further insights on the cnc machine tools market, request a sample here

How is the cnc machine tools market segmented?

The cnc machine tools market is segmented
1) By Product Type: Milling Machines, Drilling Machines, Grinding Machines, Other Product Types
2) By Material: Aluminum, Stainless steel, Titanium, Other Material
3) By Application: Automotive, General Machinery, Precision Engineering, Transport Machinery, Other ApplicationsFor further insights on the cnc machine tools market, request a sample here

Which region has the largest share of the cnc machine tools market? What are the other regions covered in the report?

Asia-pacific was the largest region in the cnc machine tools market in 2023. The regions covered in the cnc machine tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the cnc machine tools market, request a sample here.

Who are the major players in the cnc machine tools market?

Major companies operating in the cnc machine tools market report are Amada Co. Ltd., Yamazaki Mazak Corporation, DMG MORI CO. LTD., TRUMPF Group, Dalian Machine Tool Group Corporation, Haas Automation Inc., Okuma Corporation, Shenyang Machine Tool Co. Ltd., Hurco Companies Inc., JTEKT Corporation, Makino Milling Machine Co. Ltd., GROB-WERKE GmbH & Co. KG., Doosan Machine Tools Co. Ltd., Haitian Precision Machinery Co. Ltd., Gleason Corporation, 3A Composites, FANUC Corporation, GF Machining Solutions Management SA, Chiron Group, Komatsu NTC Ltd., Schuler AG, INDEX-Werke GmbH & Co. KG Hahn & Tessky, Hardinge Inc., Gosiger Tools Inc., Elite Tool Engineering Inc., Central Machinery Tools Inc., Detroit Machine Tools, Hermle Inc., Mitsubishi Electric Power Products Inc., Nakamura-Tome Precision Engineering Co. Ltd. For further insights on the cnc machine tools market, request a sample here.

What are the key trends in the cnc machine tools market?

Major trend in the cnc machine tools market - tech advancements reshaping the cnc machine tool market. For further insights on the cnc machine tools market, request a sample here.

What are the major opportunities in the cnc machine tools market? What are the strategies for the cnc machine tools market?

For detailed insights on the major opportunities and strategies in the cnc machine tools market, request a sample here.

How does the cnc machine tools market relate to the overall economy and other similar markets?

For detailed insights on cnc machine tools market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the cnc machine tools industry?

For detailed insights on the mergers and acquisitions in the cnc machine tools industry, request a sample here.

What are the key dynamics influencing the cnc machine tools market growth? SWOT analysis of the cnc machine tools market.

For detailed insights on the key dynamics influencing the cnc machine tools market growth and SWOT analysis of the cnc machine tools industry, request a sample here.