Computer Numerical Control Machine Market By Machine Type (Lathe Machine, Milling Machine, Drilling, Electric Discharge Machining, Welding, Winding Machines, Others); By Industries (Automobile, Aerospace, Defense, Health care, Metal and Mining, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Computer Numerical Control Machine Market Overview and Definition

The global computer numerical control market size was valued at around USD 64.4 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 8.2% from 2022 to 2032.The market size is projected to succeed in USD 142.6 billion by 2032.

The Computer Numerical Control (CNC) machine market refers to the development, production, and distribution of machines and tools that are controlled by computers to perform precise and complex manufacturing operations. CNC machine can be used for a wide range of manufacturing processes, such as cutting, milling, drilling, and turning, among others. The machines are programmed with a series of instructions that control their movement and actions, allowing them to perform complex and precise operations with a high degree of accuracy and efficiency.

CNC machine may include a variety of machines, such as CNC mills, lathes, routers, and grinders, among others. These machines are used in a wide range of industries, including aerospace, automotive, medical devices, and electronics, among others.

The CNC machine market is driven by the growing demand for high-precision and automated manufacturing solutions, as well as advances in computer technology and software, which have made it easier and more cost-effective to program and control CNC machines. Other factors contributing to the growth of the CNC machine market include increasing adoption of Industry 4.0 technologies and smart manufacturing practices, as well as the need to improve productivity, quality, and flexibility in manufacturing operations. The CNC machine market is also influenced by government investments in advanced manufacturing and research and development, as well as changing market trends and customer preferences.

The Computer Numerical Control Machine Market is expected to experience a positive response in the upcoming years. In terms of value, the market is poised to mask a CAGR of 8.2% during the projected period. Further, the market was deliberate at USD 64.4 billion in 2021 and is anticipated to reach a notable valuation by the end of the projected period. The computer numerical control (CNC) is a machine which is comprised of a minicomputer that acts as a control unit of (CNC) machine. In a CNC machine, data is directly fed into the minicomputer and all the instructions are given by keyboard. The program is stored in the memory of the computer and the operator can write and edit the program according to the requirement in the workplace. It works according to the program, which is fed to it, and all the process is carried out very efficiently with the accuracy high rate. The computer numerical control machine reduces human errors with less accessibility of tool wear.

Computer Numerical Control Machine Market Growth Drivers & Restraints

The computer numerical control machine is utilized across various sectors such as industrial machine, automobile, healthcare, defense, electronics industries, and others. These numerous industrial applications of CNC machine are escalating the growth of computer numerical control machine market. These computers numerical control machine help in designing of complex diagonal cuts and curves which requires high accuracy and quality. It reduces the time between design and production significantly by giving promising results by bringing high accuracy and speed, which is not easily attainable by human labors. Moreover, the increase in the use of computerized designing codes techniques such as computer-aided design (CAD), computer-aided manufacturing (CAM), and computer-aided-engineering (CAE) have bolstered the market growth of computer numerical control machine market in previous years.

Additionally, rapid penetration of the Internet of Things (IoT) within CNC machines has led to the development of software applications that are compatible with PCs and smart devices. This allows operators and supervisors to control the machine from distant locations. Besides this, increasing demand for mass production of automotive parts and a growing number of manufacturing units are propelling the growth of the computer numerical control machine market. Based on the region, the Asia Pacific is the strongest region for computer numerical control machine market. Factors such as robust growth of automobile industries, easy availability of labor and the declining prices of components have made manufacturers shifting their production units in the Asia Pacific region. However, the high installation and maintenance cost is likely to hamper the growth of computer numerical control machine market.

Computer Numerical Control Machine Market Segmentation

The research offers a comprehensive analysis of computer numerical control machine market with respect to following sub-markets:

By Machine Type

- Lathe Machine
- Milling Machine
- Drilling
- Electric Discharge Machining
- Welding
- Winding Machines
- Others

By Industries

- Automobile
- Aerospace
- Defense
- Health care
- Metal and Mining
- Others

By Geography

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as:

- GSK CNC Equipment Corporation
- FANUC Corporation
- Heidenhain Group
- Bosch Rexroth
- Sandvik AB
- Mitsubishi Electric Corporation
- Haas Automation Incorporation
- Siemens AG
- Soft Servo Systems Incorporation
- Other Prominent Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, and recent news (acquisition, expansion, technology development, research & development and other market activities).

The study also provides company’s positioning and market share in computer numerical control machine.

Timeline Considered for Analysis:

- 2021: Base Year

- 2022: Estimated Year

- 2022 to 2032: Forecasted Year

Research Scope and Deliverables

Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the computer numerical control machine market by the following segments:

- By Machine Type
- By Industries

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Computer Numerical Control Machine Market Industry Report:

- What is the overall market size in 2021? What will be the market growth during the forecast period i.e., 2022-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Products & Issues in Global Computer Numerical Control Machine Market
3. Global Computer Numerical Control Machine Market Trends
4. Opportunities in Global Computer Numerical Control Machine Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Computer Numerical Control Machine Market Value (USD Million), 2019-2025

10. Global Computer Numerical Control Machine Market Segmentation Analysis, By Machine Type
10.1. Introduction
10.2. Market Attractiveness, By Machine Type
10.3. BPS Analysis, By Machine Type
10.4. Lathe Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5. Milling Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6. Drilling Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.7. Electric Discharge Machining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.8. Welding Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.9. Winding Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

11. Global Computer Numerical Control Machine Market Segmentation Analysis, By Industries
11.1. Introduction
11.2. Market Attractiveness, By Industries
11.3. BPS Analysis, By Industries
11.4. Automobile Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5. Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.6. Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.7. Health care Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.8. Metal and Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

12. Geographical Analysis
12.1. Introduction
12.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1. By Machine Type
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Machine Type
12.2.1.3. BPS Analysis, By Machine Type
12.2.1.4. Lathe Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1.5. Milling Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1.6. Drilling Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1.7. Electric Discharge Machining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1.8. Welding Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1.9. Winding Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.1.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.2. By Industries
12.2.2.1. Introduction
12.2.2.2. Market Attractiveness, By Industries
12.2.2.3. BPS Analysis, By Industries
12.2.2.4. Automobile Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.2.5. Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.2.6. Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.2.7. Health care Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.2.8. Metal and Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.2.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.3. By Country
12.2.3.1. Market Attractiveness, By Country
12.2.3.2. BPS Analysis, By Country
12.2.3.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.2.3.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

12.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1. By Machine Type
12.3.1.1. Introduction
12.3.1.2. Market Attractiveness, By Machine Type
12.3.1.3. BPS Analysis, By Machine Type
12.3.1.4. Lathe Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1.5. Milling Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1.6. Drilling Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1.7. Electric Discharge Machining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1.8. Welding Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1.9. Winding Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.1.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.2. By Industries
12.3.2.1. Introduction
12.3.2.2. Market Attractiveness, By Industries
12.3.2.3. BPS Analysis, By Industries
12.3.2.4. Automobile Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.2.5. Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.2.6. Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.2.7. Health care Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.2.8. Metal and Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.2.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3. By Country
12.3.3.1. Market Attractiveness, By Country
12.3.3.2. BPS Analysis, By Country
12.3.3.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.3.3.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

12.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1. By Machine Type
12.4.1.1. Introduction
12.4.1.2. Market Attractiveness, By Machine Type
12.4.1.3. BPS Analysis, By Machine Type
12.4.1.4. Lathe Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1.5. Milling Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1.6. Drilling Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1.7. Electric Discharge Machining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1.8. Welding Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1.9. Winding Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.1.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.2. By Industries
12.4.2.1. Introduction
12.4.2.2. Market Attractiveness, By Industries
12.4.2.3. BPS Analysis, By Industries
12.4.2.4. Automobile Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.2.5. Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.2.6. Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.2.7. Health care Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.2.8. Metal and Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.2.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3. By Country
12.4.3.1. Market Attractiveness, By Country
12.4.3.2. BPS Analysis, By Country
12.4.3.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.4.3.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

12.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1. By Machine Type
12.5.1.1. Introduction
12.5.1.2. Market Attractiveness, By Machine Type
12.5.1.3. BPS Analysis, By Machine Type
12.5.1.4. Lathe Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1.5. Milling Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1.6. Drilling Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1.7. Electric Discharge Machining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1.8. Welding Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1.9. Winding Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.1.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.2. By Industries
12.5.2.1. Introduction
12.5.2.2. Market Attractiveness, By Industries
12.5.2.3. BPS Analysis, By Industries
12.5.2.4. Automobile Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.2.5. Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.2.6. Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.2.7. Health care Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.2.8. Metal and Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.2.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5.3. By Country
12.5.3.1. Market Attractiveness, By Country
12.5.3.2. BPS Analysis, By Country
12.5.3.3. Brazil Market Value (USD Million) & Volume (MT) Forecast, 2019-2025
12.5.3.4. Mexico Market Value (USD Million) & Volume (MT) Forecast, 2019-2025
12.5.3.5. Rest of Latin America Market Value (USD Million) & Volume (MT) Forecast, 2019-2025

12.6. Middle East & Africa Market Value (USD Million) & Volume (MT) Forecast, 2019-2025
12.6.1. By Machine Type
12.6.1.1. Introduction
12.6.1.2. Market Attractiveness, By Machine Type
12.6.1.3. BPS Analysis, By Machine Type
12.6.1.4. Lathe Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.1.5. Milling Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.1.6. Drilling Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.1.7. Electric Discharge Machining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.1.8. Welding Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.1.9. Winding Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.1.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.2. By Industries
12.6.2.1. Introduction
12.6.2.2. Market Attractiveness, By Industries
12.6.2.3. BPS Analysis, By Industries
12.6.2.4. Automobile Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.2.5. Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.2.6. Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.2.7. Health care Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.2.8. Metal and Mining Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.2.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.3. By Geography
12.6.3.1. Market Attractiveness, By Geography
12.6.3.2. BPS Analysis, By Geography
12.6.3.3. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.3.4. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.3.5. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6.3.6. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

13. Competitive Landscape
13.1. Market Share of Key Players
13.2. Market Positioning of Major Players in Global Computer Numerical Control Machine Market
13.3. Company Profiles*
13.3.1. GSK CNC Equipment Corporation
13.3.2. FANUC Corporation
13.3.3. Heidenhain Group
13.3.4. Bosch Rexroth
13.3.5. Sandvik AB
13.3.6. Mitsubishi Electric Corporation
13.3.7. Haas Automation Incorporation
13.3.8. Siemens AG
13.3.9. Soft Servo Systems Incorporation
13.3.10. Other Major & Niche Players

*(includes company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key Distribution Channel, marketing and distribution strategies, new product development, recent news & acquisition, expansion, Vertical development, research & development expansion and other market activities.)