Global CNC Router Supply, Demand and Key Producers, 2023-2029

Global CNC Router Supply, Demand and Key Producers, 2023-2029

The global CNC Router market size is expected to reach $ 458.2 million by 2029, rising at a market growth of 3.8% CAGR during the forecast period (2023-2029).

The world's leading manufacturers of CNC engraving machines are Biesse, AXYZ, MultiCam, Shoda, Thermwood, Komo, CR Onsrud, FlexiCAM, and Shopsabre, with Biesse leading the industry with about 10% market share. Geographically, Asia Pacific was the largest market in the world, which took about 50 percent of the global consumption volume. Europe shared 22% of global total and North America Shared 16%.Segment by Type, the CNC Router can be split into 3 and 4 Axis, 5 Axis. The leading type is 3 and 4 Axis, with a market share about 60%.

Segment by Application, the CNC Router market is sub-segmented into Wood, Plastic and Metal. The largest segment is Wood.

A computer numerical control (CNC) router is a computer-controlled cutting machine which typically mounts a hand-held router as a spindle which is used for cutting various materials, such as wood, composites, metals, plastics, glass, and foams. CNC routers can perform the tasks of many carpentry shop machines such as the panel saw, the spindle moulder, and the boring machine. They can also cut joinery such as mortises and tenons.

A CNC router is very similar in concept to a CNC milling machine. Instead of routing by hand, tool paths are controlled via computer numerical control. The CNC router is one of many kinds of tools that have CNC variants.

This report studies the global CNC Router production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for CNC Router, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of CNC Router that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global CNC Router total production and demand, 2018-2029, (Units)

Global CNC Router total production value, 2018-2029, (USD Million)

Global CNC Router production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global CNC Router consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: CNC Router domestic production, consumption, key domestic manufacturers and share

Global CNC Router production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global CNC Router production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global CNC Router production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units).

This reports profiles key players in the global CNC Router market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Biesse, AXYZ, MultiCam, Shoda, Thermwood, Komo, CR Onsrud, FlexiCAM and ShopSabre, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World CNC Router market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global CNC Router Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global CNC Router Market, Segmentation by Type
3 and 4 Axis
5 Axis

Global CNC Router Market, Segmentation by Application
Wood
Plastic
Metal
Others

Companies Profiled:
Biesse
AXYZ
MultiCam
Shoda
Thermwood
Komo
CR Onsrud
FlexiCAM
ShopSabre
Shandong Ruijie
ART
Heian
Maxicam
Mehta
Shenhui

Key Questions Answered

1. How big is the global CNC Router market?

2. What is the demand of the global CNC Router market?

3. What is the year over year growth of the global CNC Router market?

4. What is the production and production value of the global CNC Router market?

5. Who are the key producers in the global CNC Router market?

6. What are the growth factors driving the market demand?