CNC Machine Tools Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41353
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The CNC machine tools market size is expected to grow by USD 25.61 billion and record a CAGR of 9.11% during 2021-2025.

This post-pandemic CNC machine tools market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this CNC machine tools market analysis report, key drivers such as advantages over conventional machines have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as rising cost pressure from the demand side, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the CNC Machine Tools Market Size be in 2021?

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Who are the Key Vendors in the CNC Machine Tools Market?

The CNC machine tools market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • 600 Group Plc
  • AMADA Co. Ltd.
  • DMG MORI Co. Ltd.
  • FANUC Corp.
  • General Technology Group Dalian Machine Tool Corp.
  • JTEKT Corp.
  • Komatsu Ltd.
  • Shenyang Machine Tools Co. Ltd.
  • TRUMPF GmbH + Co. KG
  • Yamazaki Mazak Corp.

 

The CNC machine tools market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This CNC machine tools market report further entails segmentation by product (CNC lathe machines, CNC milling machines, and other CNC machines) and geography (APAC, Europe, North America, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for CNC Machine Tools Market?

CNC-Machine-Tools-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

39% of the market’s growth will originate from APAC during the forecast period. China is a key market for CNC machine tools in the region. This report provides estimations of the contribution of all regions to the growth of the CNC machine tools market size.

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What are the Key Factors Covered in this CNC Machine Tools Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive CNC machine tools market growth during the next five years
  • Precise estimation of the CNC machine tools market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the CNC machine tools industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of CNC machine tools market vendors

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CNC Machine Tools Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9.11%

Market growth 2021-2025

USD 25.61 billion

Market structure

Fragmented

YoY growth (%)

8.96

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 39%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

600 Group Plc, AMADA Co. Ltd., DMG MORI Co. Ltd., FANUC Corp., JTEKT Corp., Komatsu Ltd., Shenyang Machine Tools Co. Ltd., TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • CNC lathe machines - Market size and forecast 2020-2025
    • CNC milling machines - Market size and forecast 2020-2025
    • Other CNC machines - Market size and forecast 2020-2025
    • Market opportunity by Product

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 600 Group Plc
    • AMADA Co. Ltd.
    • DMG MORI Co. Ltd.
    • FANUC Corp.
    • General Technology Group Dalian Machine Tool Corp.
    • JTEKT Corp.
    • Komatsu Ltd.
    • TRUMPF GmbH + Co. KG
    • Yamazaki Mazak Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The cnc machine tools market growth will increase by $24.91 billion during 2019-2024.
    The cnc machine tools market is expected to grow at a CAGR of 9.07% during 2019-2024.
    Technavio has segmented the cnc machine tools market by product (CNC lathe machines, CNC milling machines, and Other CNC machines) ,application (Transportation, Machinery, Metal fabrication, Consumer goods, and Others) , and geographic (APAC, Europe, North America, and South America).
    600 Group Plc, AMADA HOLDINGS Co. Ltd., DMG MORI Co. Ltd., FANUC Corp., General Technology Group Dalian Machine Tool Corp., JTEKT Corp., Komatsu Ltd., Shenyang Machine Tools Co. Ltd., TRUMPF GmbH + Co. KG, Yamazaki Mazak Corp. are a few of the key vendors in the cnc machine tools market.
    APAC will register the highest growth rate of 42.49% among the other regions. Therefore, the cnc machine tools market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the cnc machine tools market growth are:
    • Advantages over conventional machines
    • Emergence of ASRP5
    The cnc machine tools market vendors should focus on grabbing business opportunities from the cnc lathe machines segment as it accounted for the largest market share in the base year.
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