CNC Machine Tools Market Size 2025-2029
The cnc machine tools market size is valued to increase by USD 21.9 billion, at a CAGR of 5.4% from 2024 to 2029. Rising demand for high-precision and multi-axis machining centers in various industries will drive the cnc machine tools market.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 39% growth during the forecast period.
- By Product - CNC lathe machines segment was valued at USD 30.90 billion in 2023
- By End-user - Automotive segment accounted for the largest market revenue share in 2023
Market Size & Forecast
- Market Opportunities: USD 41.35 billion
- Market Future Opportunities: USD 21.90 billion
- CAGR from 2024 to 2029: 5.4%
Market Summary
- The market experiences continuous expansion due to the rising demand for high-precision and multi-axis machining centers in various industries. This trend is driven by technological advancements in CNC machine tool technology, which enhances productivity, efficiency, and accuracy. However, the high initial investments required for acquiring these advanced machines pose a significant challenge for small and medium-sized enterprises. CNC machine tools are essential for manufacturing industries, enabling the production of complex components with high precision and repeatability. The latest technological innovations, such as adaptive control systems and advanced tooling, expand the capabilities of CNC machines, catering to the evolving needs of industries like aerospace, automotive, and medical.
- Despite the challenges, the market's growth is expected to remain steady, with The market size projected to reach USD 39.5 billion by 2025, according to a recent study. This growth is fueled by the increasing adoption of automation and Industry 4.0 technologies, which streamline manufacturing processes and improve overall competitiveness. In conclusion, the market is undergoing continuous transformation, driven by technological advancements and increasing demand for high-precision machining. The high initial investments remain a challenge, but the potential benefits, such as increased productivity and improved product quality, make CNC machine tools a valuable investment for manufacturing businesses.
What will be the Size of the CNC Machine Tools Market during the forecast period?

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How is the CNC Machine Tools Market Segmented ?
The cnc machine tools industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- Product
- CNC lathe machines
- CNC milling machines
- Others
- End-user
- Automotive
- Industrial machinery
- Precision engineering
- Transportation
- Others
- Automation Type
- Geography
- North America
- Europe
- APAC
- China
- India
- Japan
- South Korea
- South America
- Rest of World (ROW)
By Product Insights
The cnc lathe machines segment is estimated to witness significant growth during the forecast period.
The market continues to evolve, with the CNC lathe machines segment holding a significant position due to their precision and versatility. These machines are essential for producing complex components in industries like automotive, aerospace, manufacturing, and medical devices. With the increasing demand for automation and higher productivity, CNC lathe machines are becoming indispensable. They offer continuous operation with minimal human intervention, leading to improved output and reduced errors. Key advancements in CNC lathe machines include toolpath optimization, vibration damping, and adaptive control systems. Precision machining processes rely on g-code programming, workholding systems, and thermal stability for consistent results. Five-axis milling and circular interpolation enable the production of complex shapes.
Linear interpolation and sensor data analysis enhance process monitoring and machining tolerances. CNC machining centers and turning centers integrate machine learning algorithms, process monitoring, and predictive maintenance to optimize tool life and improve manufacturing efficiency. High-speed machining and multi-axis CNC lathes offer increased material removal rates. Part programming and digital twin technology facilitate cutting tool selection and cam software integration. Computer numerical control, spindle speed control, remote diagnostics, chip evacuation systems, and closed-loop control are other essential features. The market's ongoing advancements underscore the importance of CNC machine tools in modern manufacturing. For instance, a recent study revealed that the global CNC machining market is projected to grow at a compound annual growth rate of 5.4% between 2021 and 2028.

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The CNC lathe machines segment was valued at USD 30.90 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis
APAC is estimated to contribute 39% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market is experiencing significant growth, particularly in the Asia Pacific (APAC) region, which is a major hub for manufacturing activities in various industries. The expanding population in APAC has driven the demand for consumer goods and commodities, leading manufacturers to enhance their production capacities by expanding existing facilities or constructing new ones equipped with advanced CNC machinery. The automotive and industrial sectors in APAC are major contributors to the high demand for CNC machine tools, such as less than 5-axis and 5-axis or more.
South Korea, China, Japan, India, Taiwan, and Singapore are key players in this market. CNC machine tools play a crucial role in industries like automotive, aerospace, and metal fabrication, ensuring precision and efficiency in production processes. The market is expected to continue its robust expansion, reflecting the increasing demand for advanced manufacturing technologies.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market is experiencing significant growth due to the increasing adoption of advanced CNC machining techniques in various industries. High-precision CNC milling processes are becoming increasingly popular, with automated CNC machine tool operation enabling optimization of machining parameters to improve efficiency and accuracy. The impact of cutting tool geometry on CNC machining is a critical consideration, with the selection of appropriate tools essential for achieving optimal results. CNC machine tool maintenance procedures are also a key focus area, with the integration of predictive maintenance strategies and real-time process monitoring helping to reduce downtime and improve productivity. The development of advanced control algorithms and the application of digital twin technology in CNC machining are further driving innovation, enabling manufacturers to simulate and optimize processes before production. Improving surface finish in CNC milling and achieving tighter tolerances in CNC turning are important objectives for many manufacturers, with efficient fixture design and implementation playing a crucial role. Workholding also has a significant impact on machining accuracy, with effective chip disposal management essential for maintaining optimal production conditions. Enhancing CNC machining productivity and efficiency is a primary goal for many businesses, with the implementation of advanced technologies and processes helping to reduce machining time and improve overall performance. By focusing on these areas, the market is set to continue its growth trajectory, providing significant opportunities for manufacturers and suppliers alike.

What are the key market drivers leading to the rise in the adoption of CNC Machine Tools Industry?
- The increasing requirement for advanced machining technologies, such as high-precision and multi-axis machining centers, is the primary market driver, catering to the growing demands of various industries.
- The market is experiencing a notable expansion due to the increasing demand for high-precision machining and multi-axis capabilities in various industries. This trend is driven by technological advancements, automation, and the necessity for improved productivity and quality in manufacturing processes. In the automotive sector, there is a rising need for intricate component fabrication, such as engine parts, transmission components, and chassis elements, which can be achieved through high-precision machining. Multi-axis machining offers the production of complex geometries, vital for creating lightweight yet robust automotive components.
- For instance, CNC machine tools with multi-axis capabilities facilitate the precise manufacturing of turbine blades for high-performance automotive turbochargers. This surge in demand underscores the market's robustness and its significant role in enhancing manufacturing processes across industries.
What are the market trends shaping the CNC Machine Tools Industry?
- CNC machine tool technology represents the latest market trend in technological advancements. The adoption of Computer Numerical Control (CNC) machine tools is increasingly prevalent in modern manufacturing industries.
- CNC machine tools have undergone significant technological advancements, revolutionizing the global market and enhancing manufacturing processes across various sectors. These innovations have led to increased precision, efficiency, and automation, enabling manufacturers to achieve tighter tolerances and superior surface finishes. One of the most notable advancements is the integration of sophisticated control systems and software solutions. This development has resulted in improved accuracy and repeatability, reducing cycle times and expanding the capabilities of CNC machine tools.
- Furthermore, the adoption of user-friendly interfaces has simplified machine operation and programming, minimizing setup times and boosting overall productivity. With these advancements, CNC machine tools have become indispensable tools in modern manufacturing, transforming industries and driving progress.
What challenges does the CNC Machine Tools Industry face during its growth?
- The significant initial investments required for CNC machine tools pose a substantial challenge to the industry's growth trajectory.
- The market is characterized by substantial investment requirements, which have significantly influenced its growth dynamics. The high costs associated with purchasing, installing, and operating CNC machine tools have presented significant barriers for small and medium-sized enterprises (SMEs) looking to incorporate advanced manufacturing technology. The price range for CNC machine tools varies significantly, with entry-level hobbyist machines priced at around USD1500, while high-end 5-axis robotic CNCs used in military equipment manufacturing can cost over a million dollars. CNC Milling Machines, such as benchtop, mid-range, and high-end models, are priced between USD3,000 and USD30,000, USD30,000 and USD100,000, and above USD100,000, respectively.
- Similar price tiers apply to CNC Lathes, CNC Routers, CNC Plasma Cutters, and CNC Laser Cutting Machines. The substantial investment required for CNC machine tools encompasses not only the machinery itself but also tooling, software, and employee training.
Exclusive Technavio Analysis on Customer Landscape
The cnc machine tools market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the cnc machine tools market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape of CNC Machine Tools Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, cnc machine tools market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
DMG MORI Co. Ltd. - The company specializes in providing CNC machine tools, including the Pre-Owned VIPROS 358 KING model. This machine comes with a 6-month AMADA guarantee and a brush table for reduced noise and scratch-free processing, ensuring optimal manufacturing efficiency.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- DMG MORI Co. Ltd.
- Haas Automation Inc.
- Okuma Corporation
- Makino Inc.
- Yamazaki Mazak Corporation
- Hurco Companies Inc.
- GF Machining Solutions
- Doosan Machine Tools Co. Ltd.
- Chiron Group
- Hyundai WIA Corporation
- Amada Machine Tools Co. Ltd.
- Grob-Werke GmbH & Co. KG
- Spinner Werkzeugmaschinenfabrik GmbH
- Hermle AG
- Starrag Group
- Mitsubishi Heavy Industries Machine Tool Co. Ltd.
- Dalian Machine Tool Group Corporation
- Shenyang Machine Tool Co. Ltd.
- JTEKT Corporation
- Brother Industries Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in CNC Machine Tools Market
- In January 2024, Haas Automation, a leading CNC machine tool manufacturer, announced the launch of their new HAAS UMC-750 CNC lathe, featuring a 12,000 RPM spindle and a 30-inch chuck capacity (Haas Automation press release). This expansion of their product line catered to the growing demand for high-speed machining in industries such as aerospace and automotive.
- In March 2024, Siemens AG and DMG Mori Aktiengesellschaft, two major players in the CNC machine tools industry, announced a strategic partnership to integrate Siemens' digitalization technologies into DMG Mori's machine tools (Siemens AG press release). This collaboration aimed to enhance the production efficiency and flexibility of CNC machines, positioning both companies at the forefront of Industry 4.0.
- In May 2024, Makino Milling Machines, Inc. Completed the acquisition of Matsuura Machinery USA, Inc. (Makino press release). This acquisition expanded Makino's product portfolio and market reach, providing them with an entry into the mid-sized CNC machining market.
- In February 2025, the European Union granted a €50 million grant to the European Manufacturing Competitiveness Institute (EMCI) for the development of a European Technology Platform focused on advanced manufacturing technologies, including CNC machine tools (European Commission press release). This investment is expected to boost research and development in the European CNC machine tools industry and increase its global competitiveness.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled CNC Machine Tools Market insights. See full methodology.
Market Scope
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Report Coverage
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Details
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Page number
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208
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Base year
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2024
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Historic period
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2019-2023 |
Forecast period
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2025-2029
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Growth momentum & CAGR
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Accelerate at a CAGR of 5.4%
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Market growth 2025-2029
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USD 21.9 billion
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Market structure
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Fragmented
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YoY growth 2024-2025(%)
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5.1
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Key countries
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China, US, Germany, Japan, India, Italy, South Korea, UK, France, and Brazil
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Competitive landscape
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Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
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Research Analyst Overview
- The computer numerical control (CNC) machine tools market continues to evolve, driven by advancements in technology and increasing demand across various sectors. One significant trend is the integration of toolpath optimization techniques, which improve machining efficiency by minimizing tool travel and reducing material waste. For instance, a leading manufacturing company reported a 15% increase in productivity by implementing toolpath optimization in their CNC machining centers. Another area of focus is vibration damping and machine maintenance. Adaptive control systems and closed-loop control help mitigate vibrations during machining processes, ensuring precision and consistency. Moreover, remote diagnostics and predictive maintenance enable proactive identification and resolution of potential issues, enhancing machine uptime and reducing downtime.
- Industry growth in CNC machine tools is expected to remain robust, with a projected annual expansion rate of around 5%. Key factors fueling this growth include the increasing adoption of automation in manufacturing and the demand for high-precision machining processes in industries such as aerospace and automotive. Five-axis milling and multi-axis CNC lathes are gaining popularity due to their ability to produce complex shapes and contours. Linear interpolation and circular interpolation further expand the capabilities of these machines, enabling manufacturers to create intricate designs with ease. Sensor data analysis and machine learning algorithms play a crucial role in optimizing machining processes and improving manufacturing efficiency.
- Process monitoring and real-time adjustments based on sensor data help maintain machining tolerances and ensure consistent quality. Advancements in CNC programming languages and cam software integration streamline the manufacturing process, enabling faster part programming and reducing the need for manual intervention. High-speed machining and spindle speed control further enhance productivity by enabling manufacturers to process materials faster and more efficiently. Chip evacuation systems and tool life optimization techniques help maintain machine performance and extend tool life, reducing overall manufacturing costs. Digital twin technology and cutting tool selection systems enable manufacturers to simulate machining processes and optimize tool selection, further enhancing productivity and reducing waste.
- In conclusion, the market continues to evolve, driven by advancements in technology and increasing demand across various sectors. The integration of toolpath optimization, vibration damping, machine maintenance, adaptive control systems, and other technologies is transforming the manufacturing landscape, enabling manufacturers to produce high-precision parts more efficiently and cost-effectively.
What are the Key Data Covered in this CNC Machine Tools Market Research and Growth Report?
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What is the expected growth of the CNC Machine Tools Market between 2025 and 2029?
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What segmentation does the market report cover?
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The report is segmented by Product (CNC lathe machines, CNC milling machines, and Others), End-user (Automotive, Industrial machinery, Precision engineering, Transportation, and Others), Geography (APAC, Europe, North America, South America, Middle East and Africa, and Rest of World (ROW)), and Automation Type (CNC and Conventional)
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Which regions are analyzed in the report?
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APAC, Europe, North America, South America, and Middle East and Africa
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What are the key growth drivers and market challenges?
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Who are the major players in the CNC Machine Tools Market?
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DMG MORI Co. Ltd., Haas Automation Inc., Okuma Corporation, Makino Inc., Yamazaki Mazak Corporation, Hurco Companies Inc., GF Machining Solutions, Doosan Machine Tools Co. Ltd., Chiron Group, Hyundai WIA Corporation, Amada Machine Tools Co. Ltd., Grob-Werke GmbH & Co. KG, Spinner Werkzeugmaschinenfabrik GmbH, Hermle AG, Starrag Group, Mitsubishi Heavy Industries Machine Tool Co. Ltd., Dalian Machine Tool Group Corporation, Shenyang Machine Tool Co. Ltd., JTEKT Corporation, and Brother Industries Ltd.
Market Research Insights
- The market for CNC machine tools is a dynamic and ever-evolving industry, characterized by continuous advancements and innovations. Two significant trends shape its current landscape: the increasing adoption of automation and digitalization in manufacturing processes. Firstly, the integration of automation technologies, such as robotics and automated guided vehicles, into CNC machining operations, has led to increased productivity and efficiency. For instance, a leading manufacturing company reported a 25% increase in production output by implementing robotic automation in grinding operations. Secondly, the industry is expected to grow at a steady pace, with industry experts forecasting a growth rate of approximately 5% annually over the next decade.
- This expansion is driven by the ongoing demand for higher precision, faster turnaround times, and lower production costs in various industries, including aerospace, automotive, and energy. These trends reflect the market's commitment to process optimization, lean manufacturing, and industrial automation, ultimately enabling more efficient and cost-effective manufacturing solutions.
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global CNC Machine Tools Market 2019 - 2023
- Historic Market Size - Data Table on Global CNC Machine Tools Market 2019 - 2023 ($ billion)
- 5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ billion)
- 5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global CNC Machine Tools Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
- 8.1 Market segments
- Chart on Product - Market share (2024-2029) (%)
- Data Table on Product - Market share (2024-2029) (%)
- 8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 8.3 CNC lathe machines - Market size and forecast (2024-2029)
- Chart on CNC lathe machines - Market size and forecast (2024-2029) ($ billion)
- Data Table on CNC lathe machines - Market size and forecast (2024-2029) ($ billion)
- Chart on CNC lathe machines - Year-over-year growth (2024-2029) (%)
- Data Table on CNC lathe machines - Year-over-year growth (2024-2029) (%)
- 8.4 CNC milling machines - Market size and forecast (2024-2029)
- Chart on CNC milling machines - Market size and forecast (2024-2029) ($ billion)
- Data Table on CNC milling machines - Market size and forecast (2024-2029) ($ billion)
- Chart on CNC milling machines - Year-over-year growth (2024-2029) (%)
- Data Table on CNC milling machines - Year-over-year growth (2024-2029) (%)
- 8.5 Others - Market size and forecast (2024-2029)
- Chart on Others - Market size and forecast (2024-2029) ($ billion)
- Data Table on Others - Market size and forecast (2024-2029) ($ billion)
- Chart on Others - Year-over-year growth (2024-2029) (%)
- Data Table on Others - Year-over-year growth (2024-2029) (%)
- 8.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)
9 Market Segmentation by End-user
- 9.1 Market segments
- Chart on End-user - Market share (2024-2029) (%)
- Data Table on End-user - Market share (2024-2029) (%)
- 9.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 9.3 Automotive - Market size and forecast (2024-2029)
- Chart on Automotive - Market size and forecast (2024-2029) ($ billion)
- Data Table on Automotive - Market size and forecast (2024-2029) ($ billion)
- Chart on Automotive - Year-over-year growth (2024-2029) (%)
- Data Table on Automotive - Year-over-year growth (2024-2029) (%)
- 9.4 Industrial machinery - Market size and forecast (2024-2029)
- Chart on Industrial machinery - Market size and forecast (2024-2029) ($ billion)
- Data Table on Industrial machinery - Market size and forecast (2024-2029) ($ billion)
- Chart on Industrial machinery - Year-over-year growth (2024-2029) (%)
- Data Table on Industrial machinery - Year-over-year growth (2024-2029) (%)
- 9.5 Precision engineering - Market size and forecast (2024-2029)
- Chart on Precision engineering - Market size and forecast (2024-2029) ($ billion)
- Data Table on Precision engineering - Market size and forecast (2024-2029) ($ billion)
- Chart on Precision engineering - Year-over-year growth (2024-2029) (%)
- Data Table on Precision engineering - Year-over-year growth (2024-2029) (%)
- 9.6 Transportation - Market size and forecast (2024-2029)
- Chart on Transportation - Market size and forecast (2024-2029) ($ billion)
- Data Table on Transportation - Market size and forecast (2024-2029) ($ billion)
- Chart on Transportation - Year-over-year growth (2024-2029) (%)
- Data Table on Transportation - Year-over-year growth (2024-2029) (%)
- 9.7 Others - Market size and forecast (2024-2029)
- Chart on Others - Market size and forecast (2024-2029) ($ billion)
- Data Table on Others - Market size and forecast (2024-2029) ($ billion)
- Chart on Others - Year-over-year growth (2024-2029) (%)
- Data Table on Others - Year-over-year growth (2024-2029) (%)
- 9.8 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
10 Market Segmentation by Automation Type
- 10.1 Market segments
- Chart on Automation Type - Market share (2024-2029) (%)
- Data Table on Automation Type - Market share (2024-2029) (%)
- 10.2 Comparison by Automation Type
- Chart on Comparison by Automation Type
- Data Table on Comparison by Automation Type
- 10.3 CNC - Market size and forecast (2024-2029)
- Chart on CNC - Market size and forecast (2024-2029) ($ billion)
- Data Table on CNC - Market size and forecast (2024-2029) ($ billion)
- Chart on CNC - Year-over-year growth (2024-2029) (%)
- Data Table on CNC - Year-over-year growth (2024-2029) (%)
- 10.4 Conventional - Market size and forecast (2024-2029)
- Chart on Conventional - Market size and forecast (2024-2029) ($ billion)
- Data Table on Conventional - Market size and forecast (2024-2029) ($ billion)
- Chart on Conventional - Year-over-year growth (2024-2029) (%)
- Data Table on Conventional - Year-over-year growth (2024-2029) (%)
- 10.5 Market opportunity by Automation Type
- Market opportunity by Automation Type ($ billion)
- Data Table on Market opportunity by Automation Type ($ billion)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 12.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 12.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 12.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.9 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.11 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.12 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.13 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.14 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.15 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.17 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 12.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
- 12.19 Rest of World (ROW) - Market size and forecast (2024-2029)
- Chart on Rest of World (ROW) - Market size and forecast (2024-2029) ($ billion)
- Data Table on Rest of World (ROW) - Market size and forecast (2024-2029) ($ billion)
- Chart on Rest of World (ROW) - Year-over-year growth (2024-2029) (%)
- Data Table on Rest of World (ROW) - Year-over-year growth (2024-2029) (%)
13 Drivers, Challenges, and Opportunity/Restraints
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.2 Market positioning of companies
- Matrix on companies position and classification
- 15.3 DMG MORI Co. Ltd.
- DMG MORI Co. Ltd. - Overview
- DMG MORI Co. Ltd. - Product / Service
- DMG MORI Co. Ltd. - Key offerings
- 15.4 Haas Automation Inc.
- Haas Automation Inc. - Overview
- Haas Automation Inc. - Product / Service
- Haas Automation Inc. - Key offerings
- 15.5 Okuma Corporation
- Okuma Corporation - Overview
- Okuma Corporation - Product / Service
- Okuma Corporation - Key offerings
- 15.6 Makino Inc.
- Makino Inc. - Overview
- Makino Inc. - Product / Service
- Makino Inc. - Key offerings
- 15.7 Yamazaki Mazak Corporation
- Yamazaki Mazak Corporation - Overview
- Yamazaki Mazak Corporation - Product / Service
- Yamazaki Mazak Corporation - Key offerings
- 15.8 Hurco Companies Inc.
- Hurco Companies Inc. - Overview
- Hurco Companies Inc. - Product / Service
- Hurco Companies Inc. - Key offerings
- 15.9 GF Machining Solutions
- GF Machining Solutions - Overview
- GF Machining Solutions - Product / Service
- GF Machining Solutions - Key offerings
- 15.10 Doosan Machine Tools Co. Ltd.
- Doosan Machine Tools Co. Ltd. - Overview
- Doosan Machine Tools Co. Ltd. - Product / Service
- Doosan Machine Tools Co. Ltd. - Key offerings
- 15.11 Chiron Group
- Chiron Group - Overview
- Chiron Group - Product / Service
- Chiron Group - Key offerings
- 15.12 Hyundai WIA Corporation
- Hyundai WIA Corporation - Overview
- Hyundai WIA Corporation - Product / Service
- Hyundai WIA Corporation - Key offerings
- 15.13 Amada Machine Tools Co. Ltd.
- Amada Machine Tools Co. Ltd. - Overview
- Amada Machine Tools Co. Ltd. - Product / Service
- Amada Machine Tools Co. Ltd. - Key offerings
- 15.14 Grob-Werke GmbH & Co. KG
- Grob-Werke GmbH & Co. KG - Overview
- Grob-Werke GmbH & Co. KG - Product / Service
- Grob-Werke GmbH & Co. KG - Key offerings
- 15.15 Spinner Werkzeugmaschinenfabrik GmbH
- Spinner Werkzeugmaschinenfabrik GmbH - Overview
- Spinner Werkzeugmaschinenfabrik GmbH - Product / Service
- Spinner Werkzeugmaschinenfabrik GmbH - Key offerings
- 15.16 Hermle AG
- Hermle AG - Overview
- Hermle AG - Product / Service
- Hermle AG - Key offerings
- 15.17 Starrag Group
- Starrag Group - Overview
- Starrag Group - Product / Service
- Starrag Group - Key offerings
- 15.18 Mitsubishi Heavy Industries Machine Tool Co. Ltd.
- Mitsubishi Heavy Industries Machine Tool Co. Ltd. - Overview
- Mitsubishi Heavy Industries Machine Tool Co. Ltd. - Product / Service
- Mitsubishi Heavy Industries Machine Tool Co. Ltd. - Key offerings
- 15.19 Dalian Machine Tool Group Corporation
- Dalian Machine Tool Group Corporation - Overview
- Dalian Machine Tool Group Corporation - Product / Service
- Dalian Machine Tool Group Corporation - Key offerings
- 15.20 Shenyang Machine Tool Co. Ltd.
- Shenyang Machine Tool Co. Ltd. - Overview
- Shenyang Machine Tool Co. Ltd. - Product / Service
- Shenyang Machine Tool Co. Ltd. - Key offerings
- 15.21 JTEKT Corporation
- JTEKT Corporation - Overview
- JTEKT Corporation - Product / Service
- JTEKT Corporation - Key offerings
- 15.22 Brother Industries Ltd.
- Brother Industries Ltd. - Overview
- Brother Industries Ltd. - Product / Service
- Brother Industries Ltd. - Key offerings
- 15.23 Amada Co. Ltd.
- Amada Co. Ltd. - Overview
- Amada Co. Ltd. - Product / Service
- Amada Co. Ltd. - Key offerings
- 15.24 ANCA Pty Ltd.
- ANCA Pty Ltd. - Overview
- ANCA Pty Ltd. - Product / Service
- ANCA Pty Ltd. - Key offerings
- 15.25 Andritz AG
- Andritz AG - Overview
- Andritz AG - Product / Service
- Andritz AG - Key offerings
- 15.26 Bendable Technology Solutions Pvt. Ltd.
- Bendable Technology Solutions Pvt. Ltd. - Overview
- Bendable Technology Solutions Pvt. Ltd. - Product / Service
- Bendable Technology Solutions Pvt. Ltd. - Key offerings
- 15.27 Chiron Group SE
- Chiron Group SE - Overview
- Chiron Group SE - Product / Service
- Chiron Group SE - Key offerings
- 15.28 DMG MORI Co. Ltd.
- DMG MORI Co. Ltd. - Overview
- DMG MORI Co. Ltd. - Product / Service
- DMG MORI Co. Ltd. - Key offerings
- 15.29 EMAG GmbH and Co. KG
- EMAG GmbH and Co. KG - Overview
- EMAG GmbH and Co. KG - Product / Service
- EMAG GmbH and Co. KG - Key offerings
- 15.30 FANUC Corp.
- FANUC Corp. - Overview
- FANUC Corp. - Product / Service
- FANUC Corp. - Key offerings
- 15.31 Gebr. Heller Maschinenfabrik GmbH
- Gebr. Heller Maschinenfabrik GmbH - Overview
- Gebr. Heller Maschinenfabrik GmbH - Product / Service
- Gebr. Heller Maschinenfabrik GmbH - Key offerings
- 15.32 General Technology Group Dalian Machine Tool Co. Ltd.
- General Technology Group Dalian Machine Tool Co. Ltd. - Overview
- General Technology Group Dalian Machine Tool Co. Ltd. - Product / Service
- General Technology Group Dalian Machine Tool Co. Ltd. - Key offerings
- 15.33 GF Machining Solutions AG
- GF Machining Solutions AG - Overview
- GF Machining Solutions AG - Product / Service
- GF Machining Solutions AG - Key offerings
- 15.34 Haas Automation Inc.
- Haas Automation Inc. - Overview
- Haas Automation Inc. - Product / Service
- Haas Automation Inc. - Key offerings
- 15.35 Hurco Companies Inc.
- Hurco Companies Inc. - Overview
- Hurco Companies Inc. - Product / Service
- Hurco Companies Inc. - Key offerings
- 15.36 Hwacheon Machine Tool Co Ltd
- Hwacheon Machine Tool Co Ltd - Overview
- Hwacheon Machine Tool Co Ltd - Product / Service
- Hwacheon Machine Tool Co Ltd - Key offerings
- 15.37 INDEX Werke GmbH and Co. KG Hahn and Tessky
- INDEX Werke GmbH and Co. KG Hahn and Tessky - Overview
- INDEX Werke GmbH and Co. KG Hahn and Tessky - Product / Service
- INDEX Werke GmbH and Co. KG Hahn and Tessky - Key offerings
- 15.38 JTEKT Machinery Americas Corp.
- JTEKT Machinery Americas Corp. - Overview
- JTEKT Machinery Americas Corp. - Product / Service
- JTEKT Machinery Americas Corp. - Key offerings
- 15.39 Kitamura Machinery Co. Ltd.
- Kitamura Machinery Co. Ltd. - Overview
- Kitamura Machinery Co. Ltd. - Product / Service
- Kitamura Machinery Co. Ltd. - Key offerings
- 15.40 Makino Inc.
- Makino Inc. - Overview
- Makino Inc. - Product / Service
- Makino Inc. - Key offerings
- 15.41 Mills CNC Ltd.
- Mills CNC Ltd. - Overview
- Mills CNC Ltd. - Product / Service
- Mills CNC Ltd. - Key offerings
- 15.42 Mitsui Seiki Kogyo Co. Ltd.
- Mitsui Seiki Kogyo Co. Ltd. - Overview
- Mitsui Seiki Kogyo Co. Ltd. - Product / Service
- Mitsui Seiki Kogyo Co. Ltd. - Key offerings
- 15.43 Okuma Corp
- Okuma Corp - Overview
- Okuma Corp - Product / Service
- Okuma Corp - Key offerings
- 15.44 Phillips Machine Tools India Pvt. Ltd.
- Phillips Machine Tools India Pvt. Ltd. - Overview
- Phillips Machine Tools India Pvt. Ltd. - Product / Service
- Phillips Machine Tools India Pvt. Ltd. - Key offerings
- 15.45 Yamazaki Mazak Corp.
- Yamazaki Mazak Corp. - Overview
- Yamazaki Mazak Corp. - Product / Service
- Yamazaki Mazak Corp. - Key offerings
16 Appendix
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations