Global CNC Machine Tools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global CNC Machine Tools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

CNC machine tools are automated conventional machine tools in which the motion and function are controlled by means of a computer. The computer executes machine control commands to perform machining on a workpiece. This facilitates the production of identical parts in high volumes without compromising on quality. CNC machine tools are broadly classified into CNC lathe machines, CNC milling machines, and others on the basis of operation.

Market Overview:

The latest research study on the global CNC Machine Tools market finds that the global CNC Machine Tools market reached a value of USD 101977.03 million in 2022. It’s expected that the market will achieve USD 132953.18 million by 2028, exhibiting a CAGR of 4.52% during the forecast period.

Towards the direction of networking

The networking of CNC machine tools will greatly meet the needs of flexible production lines, flexible manufacturing systems, and manufacturing companies for information integration, and will also realize a new manufacturing model. The current advanced CNC machine tools provide users with powerful networking capabilities. In addition to the RS232C interface, it also has a DNC interface with remote buffering function, which can realize data communication between multiple CNC machine tools. Some CNC machine tools have been equipped with the function of communicating with the industrial local area network and the network interface, which promotes system integration and information integration, and makes remote online programming, remote simulation, remote operation, remote monitoring and remote fault diagnosis possible.

Development direction of environmental protection

Environmental protection is an important direction for the development of CNC machine tools. Its main contents include reducing energy consumption, reducing environmental pollution, and improving the coordination between equipment and the environment. The development of intelligent technology makes CNC machine tools easier to operate and more pleasant. Through the environmental protection of the design, the material saving, the reduction of pollutants and the reduction of noise can be realized in the manufacturing process. In this way, the product life cycle and lifespan are improved, and the goal of green and environmental protection has been realized from the source. This factor has brought more development opportunities to the CNC machine tools market.

Region Overview:

In 2021, the share of the CNC Machine Tools market in Europe stood at 33.67%.

Company Overview

Yamazaki Mazak is one of the major players operating in the CNC Machine Tools market, holding a share of 5.37% in 2022.

Yamazaki Mazak

Yamazaki Mazak Corporation was founded in 1919 in Nagoya, Japan. Products include multi-tasking machines, CNC turning centres, vertical and horizontal machining centres, CNC laser cutting machines, flexible manufacturing systems (FMS), CAD/CAM products and factory management software.

DMG MORI

DMG MORI is engaged in the manufacture and sale of machine tools. It involves machining centers, CNC equipment lathes, software, maintenance and repair, and engineering services. Since its establishment in 1948, it has grown into one of the largest machine tool builders in the world.

Segmentation Overview:

By type, CNC Lathe Machines segment accounted for the largest share of market in 2021.

CNC Lathe Machines

A CNC lathe machine is typically designed to utilize modern versions of carbide tooling and processes. A part can be designed for customization, and the machine tool paths are often programmed using the CAD or CAM processes. However, a programmer can manually design a part or tool path as well. The resulting coded computer file is then uploaded to the CNC machine, and the machine will then automatically produce the desired parts for which it was programmed to design.

CNC Milling Machines

A CNC Milling Machine uses a rotating cylindrical cutter to move along multiple axes, and create slots, holes and details in material to turn it into a vehicle or mechanical part. Most machines operate on three to five axes, creating much more precision and detail. Modern CNC milling machines are assembled as both horizontal and vertical machining centers. Components can be made with materials such as plastics, ceramics, and composite materials, in addition to metals.

Application Overview:

By application, the General Machinery segment occupied the biggest share from 2017 to 2022.

Key Companies in the global CNC Machine Tools market covered in Chapter 3:

DMG MORI
Hyundai WIA Machine Tools
DMTG
Makino
Haitian Precision Machinery
TRUMPF
JTEKT
Amada
OKUMA
GROB
Yamazaki Mazak
HELLER
Baoji Machine Tool
Haas Automation
SMTCL
Create Century
EMAG Group

In Chapter 4 and Chapter 14.2, on the basis of types, the CNC Machine Tools market from 2018 to 2029 is primarily split into:

CNC Lathe Machines
CNC Milling Machines
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the CNC Machine Tools market from 2018 to 2029 covers:

Automobile
Aerospace/Defense
Electronics/Electrical
General Machinery
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)