Global CNC Machine Tool Market Growth 2025-2031

Global CNC Machine Tool Market Growth 2025-2031

The global CNC Machine Tool market size is predicted to grow from US$ 65470 million in 2025 to US$ 90630 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.

A CNC (Computer Numerical Control) machine tool is a type of automated machining equipment controlled by a computer program. It utilizes pre-programmed sequences of commands to control the movement and operation of machine tools such as drills, lathes, mills, routers, and grinders. CNC machine tools are widely used in manufacturing industries for precision machining of various materials including metals, plastics, wood, and composites.

Global key players of CNC Machine Tool include Yamazaki Mazak, Trumpf, Okuma Corporation, Makino, JTEKT Corporation, etc. The top five players hold a share about 20%. Asia-Pacific is the largest market, and has a share about 39%, followed by Europe and North America with share 36% and 19%, separately. In terms of product type, CNC Lathe Machine is the largest segment, occupied for a share of 40%. In terms of application, Machinery Manufacturing is the largest field with a share about 34 percent.

LP Information, Inc. (LPI) ' newest research report, the “CNC Machine Tool Industry Forecast” looks at past sales and reviews total world CNC Machine Tool sales in 2024, providing a comprehensive analysis by region and market sector of projected CNC Machine Tool sales for 2025 through 2031. With CNC Machine Tool sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CNC Machine Tool industry.

This Insight Report provides a comprehensive analysis of the global CNC Machine Tool 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 Tool portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CNC Machine Tool market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CNC Machine Tool 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 Tool.

This report presents a comprehensive overview, market shares, and growth opportunities of CNC Machine Tool market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
CNC Lathe Machine
CNC Milling Machine
CNC Grinding Machine
Others

Segmentation by Application:
Machinery Manufacturing
Automobile
Aerospace & 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 analysing the company's coverage, product portfolio, its market penetration.
Yamazaki Mazak
Trumpf
Okuma Corporation
Makino
JTEKT Corporation
DMG Mori Seiki
DN Solutions
Grob-Werke
Haas Automation
Hermle
GF Machining Solutions
Haitian Precision
Shenzhen Create Century Machinery
Chiron Group
StarragTornos
EMAG
Hyundai WIA
Nidec Machine Tool Corporation
Neway CNC
INDEX-Werke
Hardinge Group
Qinchuan
Rifa Precision
Hurco
Guosheng Group
Shenyang Machine Tool
Zhejiang Headman Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global CNC Machine Tool market?

What factors are driving CNC Machine Tool market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CNC Machine Tool market opportunities vary by end market size?

How does CNC Machine Tool break out by Type, by Application?

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