Computer Numerical Control (CNC) Machinery Market growth analysis, Strategies And Forecast 2025-2034

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Forecasted Market Size and Growth Rate for Global CNC Machinery Market: What to Expect?
The computer numerical control (CNC) machinery market has shown steady growth over recent years. The market, valued at $87.77 billion in 2024, is projected to reach $95.27 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.5%. This growth during the historic period is primarily driven by increased demand in the aerospace and automotive industries, globalization of manufacturing, shorter product development cycles, cost efficiency, and labor savings, in addition to product customization and design complexity.
The CNC machinery market is expected to continue its strong growth in the next few years. Estimated to be valued at $128.13 billion in 2029, the market is expected to grow at a CAGR of 7.7%. This forecasted growth is attributed to the increasing adoption of 5-axis and multi-tasking machines, sustainable and eco-friendly manufacturing practices, rise in additive manufacturing, increased demand in medical device manufacturing, and global reshoring initiatives. Upcoming trends in the forecast period include advancements in various technologies including digital twin technology, industry 4.0 technologies, which contribute to enhanced precision and accuracy, and the increased collaboration between humans and machines.
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What Drives the Growth of the CNC Machinery Market?
A major driver of the computer numerical control (CNC) machinery market’s growth is the increasing demand for semiconductor production equipment. These devices, responsible for the manufacturing of semiconductors by manipulating atoms, heavily rely on CNC machines to achieve a minimum surface tolerance. CNC machines also enable the manufacturing of cylindrical semiconductor components. For instance, according to Semiconductor Equipment and Materials International (SEMI), the sales of semiconductor manufacturing equipment increased by 5.69%, from $102.5 billion in 2021 to $108.5 billion in 2022. This growing demand for semiconductor production equipment propels the computer numerical control (CNC) machinery market forward.
What Are the Major Segments within the Global CNC Machinery Market?
1) By Type: Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Other Types
2) By Number Of Axes: 3 Axis, 4 Axis, 5 Axis
3) By End Use: Automotive, Aerospace And Defense, Construction Equipment, Power And Energy, Industrial, Other End Users
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Who Are the Major Players in the CNC Machinery Market?
Major companies in the CNC machinery market include Haas Automation Inc., Dalian Machine Tool Group (DMTG) Corporation, FANUC CORPORATION, DMG Mori Seiki Co. Ltd., Hurco Companies Inc., Amada Machinery Co. Ltd., MAG IAS GmbH, Sandvik AB, Hyundai WIA Corporation, Amera-Seiki Corporation, Makino Milling Machine Co. Ltd., JTEKT Corporation, Ellison Technologies Inc., Okuma Corporation, DN SOLUTIONS, GF Machining Solutions Management SA, CHIRON Group SE, and others.
What Trends Are Emerging in the CNC Machinery Market?
Technological advancements are a key trend in the CNC machinery market. Companies are adopting innovative technologies to maintain their market position. For example, in June 2022, Robotiq Inc., launched a Machine Tending Application Solution for CNC machines. This application solution, integrated with automated technology, imitates the machine operator and reduces implementation costs by up to 50%.
Which Region Experiences the Fastest Growth in the CNC Machinery Market?
In 2024, Asia-Pacific was the largest region in the CNC machinery market and is expected to be the fastest-growing region during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Market Definition: What Does The Computer Numerical Control (CNC) Machinery Market Report 2025 Offer?
Computer Numerical Control (CNC) machinery refers to automated machines that use computerized control systems to perform various manufacturing processes, such as drilling, cutting, and milling, among others. These machines are used to scan, duplicate, engineer, and reverse-engineer parts to create new and cutting-edge goods. The Computer Numerical Control (CNC) Machinery Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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