The India CNC machines market size reached USD 8.15 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.2% during 2025-2033. The rising industrial automation, government initiatives, growing demand from automotive and aerospace sectors, technological advancements, and increasing adoption of IoT-enabled CNC systems are the factors propelling the growth of the market. Expanding infrastructure and manufacturing investments further fuel market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 8.15 Billion |
Market Forecast in 2033 | USD 12.3 Billion |
Market Growth Rate (2025-2033) | 4.2% |
Rapid Advancements in CNC Machinery and Digital Manufacturing
The manufacturing sector is increasingly embracing automation and precision-driven technologies. With a rising focus on advanced CNC machinery, companies are enhancing their capabilities in tooling systems, metrology, and additive manufacturing. Large-scale industry events are becoming key platforms for showcasing innovations, fostering collaborations, and expanding market opportunities. The demand for high-performance machining solutions is growing across sectors such as aerospace, automotive, and heavy engineering, driving significant investments in research and development. As industries seek greater efficiency and accuracy, the adoption of intelligent machining and digital manufacturing is accelerating. This shift is reshaping production processes, enabling manufacturers to optimize operations and stay competitive in a rapidly evolving landscape of modern industrial advancements. For example, in January 2025, IMTEX 2025 was held at the Bangalore International Exhibition Centre (BIEC) in Bengaluru, which featured the most recent breakthroughs in CNC machines and industrial technology. The exhibition attracted around 100,000 people and included over 1,100 exhibitors from 23 nations. Tooltech and Digital Manufacturing, two concurrent shows, focused on breakthroughs in tooling systems, metrology, Industry 4.0, and additive manufacturing.
Advancing Automation for Precision Manufacturing
The rising emphasis on automation and accuracy in the manufacturing industry is propelling substantial developments in CNC equipment. As industries implement smart manufacturing techniques, companies are concentrating on improving efficiency, accuracy, and productivity through new metal forming technologies. Exhibitions and trade fairs are becoming important forums for presenting next-generation CNC machines, allowing manufacturers to demonstrate their technological capabilities and build industry partnerships. The need for high-performance, automated machining solutions is increasing, especially in the automotive, aerospace, and heavy engineering industries. Furthermore, rising industrialization and government attempts to promote local manufacturing are hastening the use of modern CNC systems. This shift focuses on the continual evolution of metalworking processes, stressing innovation, digital integration, and enhanced production capacities across several sectors. For instance, in July 2024, Energy Mission Machineries (India) Ltd, a leading name in sheet metal machinery since 1999, participated in AMTEX 2024 at Pragati Maidan, New Delhi. The company showcased its cutting-edge CNC machine range, reflecting its commitment to innovation and excellence in metal forming technology.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on offering, product type, and end user.
Offering Insights:
The report has provided a detailed breakup and analysis of the market based on the offering. This includes machines, parts and accessories (CNC controller and others), and services.
Product Type Insights:
A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes milling machines, machining centers, lathe machines, laser machines, drilling machines, grinding machines, and electrical discharge machines.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes automotive and transportation, aerospace, medical, semiconductors, capital goods, and energy and goods.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Offerings Covered |
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Product Types Covered | Milling Machines, Machining Centers, Lathe Machines, Laser Machines, Drilling Machines, Grinding Machines, Electrical Discharge Machines |
End Users Covered | Automotive and Transportation, Aerospace, Medical, Semiconductors, Capital Goods, Energy and Goods |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
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) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: