Global 5-axis CNC Machine Tool Market Insights, Forecast to 2028

Global 5-axis CNC Machine Tool Market Insights, Forecast to 2028

Summary

Market Analysis and Insights: Global 5-axis CNC Machine Tool Market
Due to the COVID-19 pandemic, the global 5-axis CNC Machine Tool market size is estimated to be worth US$ 7,475.4 million in 2021 and is forecast to a readjusted size of US$ 14,736.9 million by 2028 with a CAGR of 10.05% during the review period. Fully considering the economic change by this health crisis, 5-axis Vertical CNC Machine Tool accounting for 74.75% of the 5-axis CNC Machine Tool global market in 2021, is projected to value US$ 10,893.5 million by 2028, growing at a revised 9.47% CAGR in the post-COVID-19 period. While Aerospace segment is altered to an 8.74% CAGR throughout this forecast period.
China 5-axis CNC Machine Tool market size is valued at US$ 652.0 million in 2021, while the US and Europe 5-axis CNC Machine Tool are US$ 1,661.2 million and US$ 3,065.8 million, severally. The proportion of the US is 22.22% in 2021, while China and Europe are 8.72% and 41.01% respectively, and it is predicted that China proportion will reach 10.14% in 2028, trailing a CAGR of 12.46 % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 13.42%, 13.48%, and 10.65 % respectively for the next 6-year period. As for the Europe 5-axis CNC Machine Tool landscape, Germany is projected to reach US$ 1,262.5 million by 2028 trailing a CAGR of 6.15 % over the forecast period.
The global key manufacturers of 5-axis CNC Machine Tool include DMG Mori Seiki, Yamazaki Mazak, GROB-WERKE, Okuma Corporation, Doosan Machine Tools, GF Machining Solutions, Makino, Hermle, and JTEKT Corporation, etc. In 2021, the global top five players have a share approximately 64.93% in terms of revenue.
In terms of production side, this report researches the 5-axis CNC Machine Tool production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of 5-axis CNC Machine Tool by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global 5-axis CNC Machine Tool Scope and Segment
5-axis CNC Machine Tool market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global 5-axis CNC Machine Tool market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type, and by Application for the period 2017-2028.
By Company
DMG Mori Seiki
Yamazaki Mazak
GROB-WERKE
Okuma Corporation
Doosan Machine Tools
GF Machining Solutions
Makino
Hermle
JTEKT Corporation
Haas Automation
Starrag Group
Hyundai WIA
Hurco
INDEX-Werke
Matsuura Machinery Corporation
Fair Friend Group
Hwacheon
Ken Ichi Machine
KEDE CNC
Awea Mechantronic
RIFA Digital Precision Machinery
Haitian Precision Machinery
Guosheng Intelligence Technology Group
Huaya NC Machine Tool

Segment by Type
5-axis Vertical CNC Machine Tool
5-axis Horizontal CNC Machine Tool
5-axis Gantry CNC Machine Tool

Segment by Application
Aerospace
Automobile
Defense
Marine
Railway
Others

Production by Region
North America
Europe
China
Japan
South Korea

Sales by Region
North America
U.S.
Canada

Asia Pacific
China
Japan
South Korea
India
Australia
Southeast Asia

Europe
Germany
France
U.K.
Italy
Russia

Latin America
Mexico
Brazil
Argentina

Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa