Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Computer Numerical Control (CNC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global computer numerical control (CNC) market size reached US$ 81.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 115.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Computer numerical control (CNC) refers to the process of automating machines that operate through programmed commands encrypted on a storage medium. It involves generating a computer-aided design (CAD) and then translating it into G-code. After the CAD drawing is loaded in the machine control unit (MCU), an operator runs a test for ensuring its proper positioning and performance. Some of the manufacturing processes performed by these machines include shaping, grinding, bending, cutting, welding, gluing, drilling, hole punching, etc. Nowadays, CNC machines are widely utilized in the manufacturing of metal and plastic parts. 

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

A significant rise in the demand for large-scale automation has been witnessed in various industries owing to the increasing need for reducing the overall operational costs. This can also be accredited to the requirement of decreasing the manufacturing time as well as the chances of human error. Apart from this, the evolution of the Internet of Things (IoT) and machine learning technology has resulted in the development of applications which notify the status of the CNC machine to operators/supervisors on their computers as well as smartphones. Moreover, several governments are supporting the establishment of manufacturing units in their countries, which is further strengthening the market growth. In addition to this, manufacturers are launching new CNC machines that perform multiple operations simultaneously. These machines aid in increasing the flexibility for attendants and minimizing the workforce requirements.

IMARC Group’s latest report provides a deep insight into the global computer numerical control (CNC) market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global computer numerical control (CNC) industry in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global computer numerical control (CNC) market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on machine type and end use industry.

Breakup by Machine Type:

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Lathe Machines 
  • Milling Machines
  • Laser Machines
  • Grinding Machines
  • Welding Machines
  • Winding Machines
  • Others
     

Breakup by End Use Industry:

  • Aerospace and Defense
  • Automobile
  • Electronics
  • Healthcare
  • Others
     

Breakup by Region:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Mondragon Corporation, GSK CNC Equipment Co., Ltd., Soft Servo Systems, Inc., Dr. Johannes Heidenhain GmbH, Bosch Rexroth AG, Siemens AG, Sandvik AB, Haas Automation, Inc., Mitsubishi Electric Corporation and FANUC Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Machine Type, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Mondragon Corporation, GSK CNC Equipment Co., Ltd., Soft Servo Systems, Inc., Dr. Johannes Heidenhain GmbH, Bosch Rexroth AG, Siemens AG, Sandvik AB, Haas Automation, Inc., Mitsubishi Electric Corporation and FANUC Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Computer Numerical Control (CNC) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Machine Type
    5.5    Market Breakup by End Use Industry
    5.6    Market Breakup by Region
    5.7    Market Forecast
6   Market Breakup by Machine Type
    6.1    Lathe Machines
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Milling Machines
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Laser Machines
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Grinding Machines
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Welding Machines
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    Winding Machines
        6.6.1    Market Trends
        6.6.2    Market Forecast
    6.7    Others
        6.7.1    Market Trends
        6.7.2    Market Forecast
7   Market Breakup by End Use Industry
    7.1    Aerospace and Defense
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Automobile
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Electronics
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Healthcare
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Others
        7.5.1    Market Trends
        7.5.2    Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Asia Pacific
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Europe
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    MONDRAGON Corporation
        13.3.2   GSK CNC Equipment Co., Ltd. 
        13.3.3    Soft Servo Systems, Inc.
        13.3.4    Dr. Johannes Heidenhain GmbH
        13.3.5    Bosch Rexroth AG
        13.3.6    Siemens AG
        13.3.7    Sandvik AB
        13.3.8    Haas Automation , Inc.
        13.3.9    Mitsubishi Electric Corporation
        13.3.10     FANUC Corporation

List of Figures

Figure 1: Global: Computer Numerical Control Market: Major Drivers and Challenges
Figure 2: Global: Computer Numerical Control Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Computer Numerical Control Market: Breakup by Machine Type (in %), 2022
Figure 4: Global: Computer Numerical Control Market: Breakup by End Use Industry (in %), 2022
Figure 5: Global: Computer Numerical Control Market: Breakup by Region (in %), 2022
Figure 6: Global: Computer Numerical Control Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Computer Numerical Control Industry: SWOT Analysis
Figure 8: Global: Computer Numerical Control Industry: Value Chain Analysis
Figure 9: Global: Computer Numerical Control Industry: Porter’s Five Forces Analysis
Figure 10: Global: Computer Numerical Control (Lathe Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Computer Numerical Control (Lathe Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Computer Numerical Control (Milling Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Computer Numerical Control (Milling Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Computer Numerical Control (Laser Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Computer Numerical Control (Laser Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Computer Numerical Control (Grinding Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Computer Numerical Control (Grinding Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Computer Numerical Control (Welding Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Computer Numerical Control (Welding Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Computer Numerical Control (Winding Machines) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Computer Numerical Control (Winding Machines) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Computer Numerical Control (Other Machine Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Computer Numerical Control (Other Machine Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Computer Numerical Control (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Computer Numerical Control (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Computer Numerical Control (Automobile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Computer Numerical Control (Automobile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Computer Numerical Control (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Computer Numerical Control (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Computer Numerical Control (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Computer Numerical Control (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Computer Numerical Control (Other Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Computer Numerical Control (Other Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: North America: Computer Numerical Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: North America: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia Pacific: Computer Numerical Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia Pacific: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Europe: Computer Numerical Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Europe: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Middle East and Africa: Computer Numerical Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Middle East and Africa: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Latin America: Computer Numerical Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Latin America: Computer Numerical Control Market Forecast: Sales Value (in Million US$), 2023-2028

List of Tables

Table 1: Global: Computer Numerical Control Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Computer Numerical Control Market Forecast: Breakup by Machine Type (in Million US$), 2023-2028
Table 3: Global: Computer Numerical Control Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 4: Global: Computer Numerical Control Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Computer Numerical Control Market Structure
Table 6: Global: Computer Numerical Control Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The global computer numerical control (CNC) market was valued at US$ 81.0 Billion in 2022.

We expect the global computer numerical control (CNC) market to exhibit a CAGR of 5.9% during 2023-2028.

The rising adoption of CNC process for large-scale automation setup as it promotes precision, contour
machining, high speed production, and reduces the overall operational costs, is currently catalyzing the
global computer numerical control (CNC) market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing application of computer
numerical control (CNC) machines to automate the bulk production process for various necessary
healthcare equipment, while limiting the requirement of workers in a unit and maintaining social
distancing.

Based on the machine type, the global computer numerical control (CNC) market has been segmented
into lathe machines, milling machines, laser machines, grinding machines, welding machines, winding
machines, and others. Currently, lathe machines hold the majority of the total market share.

Based on the end use industry, the global computer numerical control (CNC) market can be categorized
into aerospace and defense, automobile, electronics, healthcare, and others. Among these, the
automobile industry accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global computer numerical control (CNC) market include Mondragon Corporation, GSK CNC Equipment Co., Ltd., Soft Servo Systems, Inc., Dr. Johannes Heidenhain GmbH, Bosch Rexroth AG, Siemens AG, Sandvik AB, Haas Automation, Inc., Mitsubishi Electric Corporation and FANUC Corporation.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4