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| Market size in 2024 | US$ 23.45 billion |
Forecast Market size by 2030 | US$ 34.67 billion |
|---|---|---|---|
| Growth Rate | CAGR of 6.7% | Number of Pages | 124 Pages |
The global CNC Machining Centres market size was valued at US$ 23.45 billion in 2024 and is projected to reach US$ 34.67 billion by 2030, at a CAGR of 6.7% during the forecast period 2024-2030.
The United States CNC Machining Centres market size was valued at US$ 6.78 billion in 2024 and is projected to reach US$ 9.89 billion by 2030, at a CAGR of 6.5% during the forecast period 2024-2030.
CNC Machining Centres are automated manufacturing systems performing multiple machining operations with computer numerical control.
The global market is growing steadily, driven by manufacturing automation and precision requirements. In 2023, unit sales reached 250,000 globally, with automotive sector accounting for 35% of demand. The market saw a 35% increase in 5-axis machine adoption in 2023. Vertical machining centers dominate with a 60% market share, while horizontal centers are growing at 8% annually. Asia Pacific leads with a 50% market share and is the fastest-growing region at 7.5% CAGR. The industry is focusing on developing smart manufacturing capabilities, with a 40% growth in R&D investments for Industry 4.0 integration.
Report Overview
CNC Machining centres are high precision machine tools manufacturing different machine components required in various application areas such as automotive, construction, agriculture, medical, aerospace, and other industries. Machining centres are the equipment used to manufacture machining metal parts and components. Machining centres are capable of performing drilling, milling, and turning operations in a single machinery unit.
This report provides a deep insight into the global CNC Machining Centres market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global CNC Machining Centres Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the CNC Machining Centres market in any manner.
Global CNC Machining Centres Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Haas Automation
Hurco
Makino
Okuma
SMTCL Americas
Yamazaki Mazak
CMS North America
Jyoti CNC Automation
KRUDO Industrial
Komatsu NTC
Mitsubishi Electric
Market Segmentation (by Type)
CNC Lathe
CNC Milling
CNC Grinding
CNC Welding
CNC Winding
Market Segmentation (by Application)
Machinery Manufacturing
Automobiles
Electronics
Healthcare
Aerospace & Defense
Geographic Segmentation
| Report Attributes | Report Details |
|---|---|
| Report Title | CNC Machining Centres Market, Global Outlook and Forecast 2024-2030 |
| Market size in 2024 | US$ 23.45 billion |
| Forecast Market size by 2030 | US$ 34.67 billion |
| Growth Rate | CAGR of 6.7% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 124 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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