Global 5-Axis CNC Machining Centers Market Growth 2023-2029

Global 5-Axis CNC Machining Centers Market Growth 2023-2029

Five-axis machining refers to the fact that there are at least five axes (three linear coordinates and two rotational coordinates) on one machine, and can be coordinated at the same time under the control of a computer numerical control (CNC) system.
LPI (LP Information)' newest research report, the “5-Axis CNC Machining Centers Industry Forecast” looks at past sales and reviews total world 5-Axis CNC Machining Centers sales in 2022, providing a comprehensive analysis by region and market sector of projected 5-Axis CNC Machining Centers sales for 2023 through 2029. With 5-Axis CNC Machining Centers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 5-Axis CNC Machining Centers industry.
This Insight Report provides a comprehensive analysis of the global 5-Axis CNC Machining Centers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 5-Axis CNC Machining Centers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 5-Axis CNC Machining Centers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 5-Axis CNC Machining Centers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 5-Axis CNC Machining Centers.
The global 5-Axis CNC Machining Centers market size is projected to grow from US$ 3916.9 million in 2022 to US$ 5977.4 million in 2029; it is expected to grow at a CAGR of 5977.4 from 2023 to 2029.
The revenue of top ten manufacturers accounts about 58% of the total revenue market share in 2018. The high-end products mainly come from Japan, Europe and North America.
This report presents a comprehensive overview, market shares, and growth opportunities of 5-Axis CNC Machining Centers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Vertical 5-axis CNC Machining Centers
Horizontal 5-axis CNC Machining Centers
Segmentation by application
Aerospace & Defense
Automotive
Medical
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DMG Mori Seiki
Yamazaki Mazak
Makino
Okuma Corporation
Haas Automation
DMTG
JTEKT Corporation
Doosan Infracore
HERMLE
Hurco
SMTCL
MHI
Hardinge Group
Hyundai WIA
Jyoti CNC Automation
Key Questions Addressed in this Report
What is the 10-year outlook for the global 5-Axis CNC Machining Centers market?
What factors are driving 5-Axis CNC Machining Centers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 5-Axis CNC Machining Centers market opportunities vary by end market size?
How does 5-Axis CNC Machining Centers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.