Global CNC Lathes and Milling Machines Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global CNC Lathes and Milling Machines Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

CNC machines are making parts around the world for almost every industry. They create things out of plastics, metals, aluminum, wood and many other hard materials. All automated motion control machines have three primary components – a command function, a drive/motion system, and feedback system. CNC machining is the process of using a computer-driven machine tool to produce a part out of solid material in a different shape. The CNC depends on digital instructions usually made on Computer Aided Manufacturing (CAM) or Computer Aided Design (CAD) software like SolidWorks or MasterCAM. The software writes G-code that the controller on the CNC machine can read. The computer program on the controller interprets the design and moves cutting tools and/or the workpiece on multiple axes to cut the desired shape from the workpiece. The automated cutting process is much faster and more accurate than a manual movement of tools and workpieces which is done with levers and gears on older equipment. Modern-day CNC machines hold multiple tools and make many types of cuts. The number of planes of movement (axes) and the number and types of tools that the machine can access automatically during the machining process determine how complex a workpiece a CNC can make. In this report, we only study CNC Lathe and Milling Machines

According to our (Global Info Research) latest study, the global CNC Lathes and Milling Machines market size was valued at US$ 20940 million in 2023 and is forecast to a readjusted size of USD 32590 million by 2030 with a CAGR of 6.6% during review period.

Global key players of CNC lathes and milling machines include Yamazaki Mazak, DMG Mori Seiki, Okuma Corporation, GROB-WERKE, etc. Global top five manufacturers hold a share over 45%. Europe is the largest producer of CNC lathes and milling machines holds a share over 44%. In terms of product, CNC milling machine is the largest segment, with a share over 74%. And in terms of application, the largest application is automobile, with a share over 35%.

This report is a detailed and comprehensive analysis for global CNC Lathes and Milling Machines market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global CNC Lathes and Milling Machines market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global CNC Lathes and Milling Machines market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global CNC Lathes and Milling Machines market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global CNC Lathes and Milling Machines market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for CNC Lathes and Milling Machines

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global CNC Lathes and Milling Machines market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yamazaki Mazak, DMG Mori Seiki, Okuma Corporation, GROB-WERKE, Makino, Doosan Machine Tools, Haas Automation, GF Machining Solutions, JTEKT Corporation, Haitian Precision, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

CNC Lathes and Milling Machines market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
CNC Lathes Machine
CNC Milling Machine

Market segment by Application
Automobile Industry
Machinery Manufacturing
Aerospace & Defense
Others

Major players covered
Yamazaki Mazak
DMG Mori Seiki
Okuma Corporation
GROB-WERKE
Makino
Doosan Machine Tools
Haas Automation
GF Machining Solutions
JTEKT Corporation
Haitian Precision
Hermle
Chiron Group
Fair Friend Group
Hyundai WIA
Starrag Group
EMAG
Qinchuan
INDEX-Werke
Hurco
Hardinge Group
Nidec Machine Tool Corporation
TORNOS
Rifa Precision

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe CNC Lathes and Milling Machines product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of CNC Lathes and Milling Machines, with price, sales quantity, revenue, and global market share of CNC Lathes and Milling Machines from 2019 to 2024.

Chapter 3, the CNC Lathes and Milling Machines competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the CNC Lathes and Milling Machines breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and CNC Lathes and Milling Machines market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of CNC Lathes and Milling Machines.

Chapter 14 and 15, to describe CNC Lathes and Milling Machines sales channel, distributors, customers, research findings and conclusion.