Leading Growth Driver in the Computer Numerical Control Market in 2025: Rising Adoption Of Electric Vehicles To Drive Market Growth Driver's Influence

"Which drivers are expected to have the greatest impact on the over the computer numerical control market's growth?
The swelling need for electric vehicles is projected to drive the computer numerical control market's growth. Electric vehicles (EVs), which operate on electric motors utilizing electricity instead of internal combustion engines that generate power through the combustion of gasoline and gases, require computer numerical control technology for automated and high-volume production, thus lowering manufacturers' costs. For example, the International Energy Agency (IEA), an autonomous intergovernmental organization based in France, reported in its Global Electric Vehicle Outlook report in May 2022 that electric car sales doubled in 2021 to 6.6 million. Furthermore, sales expanded in 2022, with 2 million electric vehicles sold around the world in the first quarter. Hence, the burgeoning demand for electric vehicles will serve as a catalyst for the expansion of the computer numerical control market.

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What is the future CAGR of the computer numerical control market, and how will it impact industry expansion?
The size of the computer numerical control market has been witnessing robust growth in the past years. An increase from $17.13 billion in 2024 to $18.13 billion in 2025 is expected, with a compound annual growth rate (CAGR) of 5.8%. The acceleration in growth during the historic period can be linked to factors such as the rise in manufacturing automation, improvements in precision manufacturing, production of complex components, shorter production time, the surge in demand for customisation, and cost efficiency in mass production.

The size of the computer numerical control market is projected to experience robust growth in the upcoming years. It is estimated to escalate to $24.34 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%. Factors contributing to this growth during the projected period include industrial integration, the ascendancy of additive manufacturing, its prevalent use within small to medium enterprises (SMEs), a focus on sustainability, advanced software abilities, and demand in the healthcare and biotechnology sectors. Predicted trends for the projected period encompass energy-efficient solutions, the process of miniaturizing and micro-machining, the incorporation of the internet of things (IoT), personalization for small batch production, and a shift towards open-source CNC systems.

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What are the most significant trends transforming the computer numerical control market today?
Leading firms in the computer numerical control market are innovating machines with an axis resolution of up to one nanometer in a bid to stay ahead in the competition. Axis resolution is essentially the minimal possible motion or gauge that can be sensed or accomplished along an axis, usually within a mechanical or electronic system. For example, ANCA CNC Machines, a machinery manufacturing company based in Australia, released the MX7 ULTRA in December 2022. This high-end machine is strategically intended to produce cutting tools of the highest precision and quality. Notably, the MX7 ULTRA has nanometer axis resolution, which guarantees a line form accuracy of less than +/- 0.002mm for different profiles like ballnose and corner radius endmills. Combined with novel software, hardware, and design attributes, this machine substantially bolsters surface finish, accuracy, and controlled runout, assuring consistency from the first to the thousandth ground tool in a batch. Features such as in-process measurement, balancing, runout mitigation, and Motor Temperature Control (MTC) for the settlement of thermal expansion are also incorporated in this machine.

Which key market segments comprise the computer numerical control market and drive its revenue growth?
The computer numerical control market size has grown strongly in recent years. It will grow from $17.13 billion in 2024 to $18.13 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to manufacturing automation, advancements in precision manufacturing, complex component production, reduction in production time, increased customization demands, cost savings in mass production.

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What regions are at the forefront of computer numerical control market expansion?
Asia-Pacific was the largest region in the computer numerical control market share in 2024. Europe was the second-largest region in the computer numerical control market. The regions covered in the computer numerical control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the computer numerical control market?
Major companies operating in the computer numerical control market are Airbus SAS, Safran SA, Honeywell International Inc., Teledyne Technologies Inc., The Boeing Company, General Electric Company, Rolls-Royce Holdings PLC, Flyth Aerospace Solutions Ltd., Raytheon Technologies Corporation, Curtiss-Wright Corporation, RSL Electronics Ltd., Deutsche Lufthansa AG, Acellent Technologies Inc., Societe Internationale de Telecommunications Aeronautiques, Embraer SA, AMETEK Inc., Tech Mahindra Limited, Ventura Aerospace Inc., Meggitt PLC, Lufthansa Technik AG, FLYHT Aerospace Solutions Ltd., Esterline Technologies Corporation, Ultra Electronics Holdings PLC, Thales Group, BAE Systems PLC, Moog Inc., SKF AB, LORD Corporation, Goodrich Corporation, Eaton Corporation

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What Is Covered In The Computer Numerical Control Global Market Report?

• Market Size Forecast: Examine the computer numerical control market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the computer numerical control market for a structured understanding.
• Key Players Overview: Analyze major players in the computer numerical control market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the computer numerical control market.
• Segment Contributions: Evaluate how different segments drive overall growth in the computer numerical control market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the computer numerical control market.
• Industry Challenges: Identify potential risks and obstacles affecting the computer numerical control market.
• Competitive Landscape: Review strategic developments in the computer numerical control market, including expansions, agreements, and new product launches.

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