CNC is the short form for Computer Numerical control. We have seen that the NC machine works as per the program of instructions fed into the controller unit of the machine. The CNC machine comprises of the mini computer or the microcomputer that acts as the controller unit of the machine. While in the NC machine the program is fed into the punch cards, in CNC machines the program of instructions is fed directly into the computer via a small board similar to the traditional keyboard.
This report contains market size and forecasts of CNC Machine in global, including the following market information:
Global CNC Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global CNC Machine Market Sales, 2017-2022, 2023-2028, (Units)
Global top five CNC Machine companies in 2021 (%)
The global CNC Machine market was valued at 20950 million in 2021 and is projected to reach US$ 31070 million by 2028, at a CAGR of 5.8% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
CNC Lathe Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CNC Machine include Yamazaki Mazak, DMG Mori Seiki, TRUMPF, Okuma Corporation, JTEKT Corporation, Makino, GROB-WERKE, Doosan Machine Tools and Haas Automation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the CNC Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CNC Machine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global CNC Machine Market Segment Percentages, by Type, 2021 (%)
CNC Lathe
CNC Milling Machine
CNC Grinding machine
Others
Global CNC Machine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global CNC Machine Market Segment Percentages, by Application, 2021 (%)
Machinery manufacturing
Automobile
Aerospace & Defense
Others
Global CNC Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global CNC Machine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies CNC Machine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies CNC Machine revenues share in global market, 2021 (%)
Key companies CNC Machine sales in global market, 2017-2022 (Estimated), (Units)
Key companies CNC Machine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yamazaki Mazak
DMG Mori Seiki
TRUMPF
Okuma Corporation
JTEKT Corporation
Makino
GROB-WERKE
Doosan Machine Tools
Haas Automation
GF Machining Solutions
EMAG
Hyundai WIA
Chiron Group
Hermle
Fair Friend Group
Starrag Group
INDEX-Werke
Nidec Machine Tool Corporation
Hardinge Group
Hurco
Haitian Precision
TORNOS
Qinchuan
Rifa Precision