Global CNC Machine Center Market Growth 2023-2029

Global CNC Machine Center Market Growth 2023-2029

CNC Machining centres are high precision machine tools manufacturing different machine components required in various application areas such as automotive, construction, agriculture, medical, aerospace, and other industries. Machining centres are the equipment used to manufacture machining metal parts and components. Machining centres are capable of performing drilling, milling, and turning operations in a single machinery unit.
LPI (LP Information)' newest research report, the “CNC Machine Center Industry Forecast” looks at past sales and reviews total world CNC Machine Center sales in 2022, providing a comprehensive analysis by region and market sector of projected CNC Machine Center sales for 2023 through 2029. With CNC Machine Center sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CNC Machine Center industry.
This Insight Report provides a comprehensive analysis of the global CNC Machine Center 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 CNC Machine Center portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CNC Machine Center market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CNC Machine Center 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 CNC Machine Center.
The global CNC Machine Center market size is projected to grow from US$ 9355 million in 2022 to US$ 14080 million in 2029; it is expected to grow at a CAGR of 14080 from 2023 to 2029.
Global CNC Machine Center key players include Yamazaki Mazak, DMG Mori Seiki, Makino, GROB-WERKE, Haas Automation, etc. Global top five manufacturers hold a share about 35%.
Europe is the largest market, with a share over 30%, followed by Japan and North America, both have a share over 40%.
In terms of product, 5-Axis Machining Center is the largest segment, with a share over 75%. And in terms of application, the largest application is Automobile, followed by Machinery Manufacturing, Aerospace and Defense, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of CNC Machine Center market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
4-Axis Machining Centre
5-Axis Machining Centre
Segmentation by application
Automobile
Machinery Manufacturing
Aerospace and Defense
Others
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.
Yamazaki Mazak
DMG Mori Seiki
GROB-WERKE
Makino
Okuma Corporation
JTEKT Corporation
Haas Automation
Doosan Machine Tools
Hermle
Chiron Group
Fair Friend Group
GF Machining Solutions
EMAG
Starrag Group
Haitian Precision
Hyundai WIA
INDEX-Werke
Hurco
RIFA Precision
Hardinge Group

Key Questions Addressed in this Report
What is the 10-year outlook for the global CNC Machine Center market?
What factors are driving CNC Machine Center market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do CNC Machine Center market opportunities vary by end market size?
How does CNC Machine Center 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.