Global CNC Cutting Machines Market 2022-2028

Global CNC Cutting Machines Market 2022-2028

CNC cutting is a connection base cutting procedure and manufactures precise parts with exact positioning and velocity. The main benefit of CNC machines is their versatility – they can be used to cut a wide range of materials, including wood, metal, and plastic. The global cnc cutting machines market is anticipated to reach valuation of ~USD 6,583 million by 2028, representing a CAGR of 5.9% from 2022 to 2028 as per the latest report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global cnc cutting machines market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the cnc cutting machines industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, product, application, end user, and region. The global market for cnc cutting machines can be segmented by type: movable gantry cutting machine, stationary gantry cutting machine. The stationary gantry cutting machine segment held the largest revenue share in 2021. Cnc cutting machines market is further segmented by product: laser, plasma, waterjet, router. Among these, the router segment was accounted for the highest revenue generator in 2021. Based on application, the cnc cutting machines market is segmented into: metal working, stone working, wood working, others. The metal working segment captured the largest share of the market in 2021. On the basis of end user, the cnc cutting machines market also can be divided into: aerospace & defense, automotive, building & construction, consumer electronics, energy & power, furniture, medical, transportation, others. Cnc cutting machines market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By type:

• movable gantry cutting machine
• stationary gantry cutting machine

By product:

• laser
• plasma
• waterjet
• router

By application:

• metal working
• stone working
• wood working
• others

By end user:

• aerospace & defense
• automotive
• building & construction
• consumer electronics
• energy & power
• furniture
• medical
• transportation
• others

By region:

• North America
• Asia Pacific
• Europe
• Rest of the World (ROW)

The report has also analysed the competitive landscape of the global cnc cutting machines market with some of the key players being AXYZ Automation Inc., Carbide 3D LLC, ESAB Corporate, HOMAG Group AG, KOMO Machine, Inc., MultiCam Inc., Prima Industrie S.p.A., The SHODA Company, Thermwood Corporation, TRUMPF SE + Co. KG., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global cnc cutting machines market.
• To classify and forecast the global cnc cutting machines market based on type, product, application, end user, region.
• To identify drivers and challenges for the global cnc cutting machines market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global cnc cutting machines market.
• To identify and analyze the profile of leading players operating in the global cnc cutting machines market.

Why Choose This Report

• Gain a reliable outlook of the global cnc cutting machines market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.