Machining Centers, Growth, Opportunity, Global Market Report 2025 to 2034

Machining Centers

What Are the Projected Growth Rates for the Global Machining Centers Market?
The machining centres market size has seen significant growth in recent years, increasing from $28.17 billion in 2024 to an expected $29.94 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth during the historic period is attributed to factors such as demand for high precision components, mass production requirements, flexible manufacturing systems, reduction in setup time, globalisation of manufacturing, and investments in the energy sector, among others.

The market size is expected to continue its strong growth trend in the coming years, projected to reach $38.4 billion in 2029 at a CAGR of 6.4%. This growth can be attributed to several factors, including customisation in manufacturing, increased productivity, smart manufacturing initiatives, energy efficiency requirements and global infrastructure development. Automation and robotics, high-speed machining, multi-tasking machining centers, integration of additive manufacturing, digital twin technology, and advanced tooling technologies are among the key trends expected to shape the machining centers market in the forecast period.

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What are the Key Growth Drivers of the Machining Centers Market?
The rise in automation and robotics in the manufacturing industry is a key driver of the machining centers market. According to a report published by the International Federation of Robotics, there were 553,052 industrial robot installations in factories worldwide as of September 2023, marking a 5% year-on-year growth rate in 2022. This rise signifies the growing reliance of the manufacturing sector on machining centers, which serve as vital automation tools for manufacturing machining processes, further driving market growth.

How is the Global Machining Centers Market Segmented?

• By Type: Horizontal Machining Center, Vertical Machining Center, Other Types
• By Distribution Channel: Direct Sales, Third-Party Sales
• By Application: Automotive, Aerospace, Construction And Agriculture, Fluid Power, Oil And Energy, Other Applications

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Who are the Key Players in the Machining Centers Market?
Major companies operating in the machining centers market include AceMicromatic Group, Amera-Seiki Corp., CHIRON Group SE, DMG Mori Co. Ltd., Doosan Machine Tools Co. Ltd., Fanuc Corporation, FFG European & American Holdings GmbH, Haas Automation Inc., Hurco Companies Inc., Jiuh-Yeh Precision Machinery Co. Ltd., JTEKT Corporation, and others.

What Trends Are Expected in the Machining Centers Market?
Companies in the machining centers market are focusing on innovative product developments, such as vertical machining centers. For instance, in September 2022, US-based Makino Inc. launched Slim3n, a powerful vertical machining center equipped with a 16,000 rpm HSK-A50 spindle and a high load capacity. Such innovations are expected to drive the growth of the machining centers market in the forecast period.

Which Region Holds the Largest Share in the Machining Centers Market?
Asia-Pacific held the largest share in the machining centers market in 2024. Other regions covered in the report are Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Does The 2025 Machining Centers Market Report 2025 Offer?
A machining center refers to an advanced manufacturing machine tool that automates several functions. These machines provide high precision with high finish quality in comparison to manual machining. The Machining Centers 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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