Press release
Computer Numerical Control Machine Market Projected to Surpass USD 190.24 Billion Witnessing 10.1% CAGR Growth Between 2025 and 2034
Computer Numerical Control Machine Market
Computer numerical control machine refers to the use of computers to remotely control components of heavy-duty machines used in factories and industrial manufacturing facilities. The software that has been programmed beforehand into the main computer controls the actions of the parts of the machine so as to carry out complex and precise tasks.
The computer numerical control machine market size was valued at USD 72.85 billion in 2024. The market is projected to grow from USD 80.09 billion in 2025 to USD 190.24 billion by 2034, showing a CAGR of 10.1% between 2025 and 2034.
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This is a beneficial feature over manually controlling the machine as this increases the efficiency of the work carried out while also streamlining operations. There are various types of computer numerical control machines, such as CNC mills, lathes, and plasma cutters, which help in the manufacturing of three-dimensional products. A CNC machine can be customized to the type of product it wants to manufacture, such as for embroidery, foam cutting, and 3D printing.
Growth Drivers:
• A surging demand for semiconductors is propelling the demand for computer numerical control machines as semiconductors require precise cutting of components as well as perfect finishing, such as in the case of silicon wafers, which can be integrated into circuits.
• Global adoption of electric vehicles is driving the computer numerical control market. Electric cars require components such as battery housing, lightweight chassis, and intricate drivetrain systems. Due to the precision employed by computer numerical control machines, products with high accuracy can be produced.
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Major Participants:
Many companies are now looking to invest in the computer numerical control market as it is a lucrative industry. Having applications in almost every sector for the production of precise components, the market is only set to grow.
• AMADA MACHINERY CO., LTD
• Amera Seiki
• BOSCH REXROTH AG
• Dalian Machine Tool Corporation
• DATRON AG
• DMG MORI CO., LTD.
• FAGOR AUTOMATION
• FANUC CORPORATION
• GSK CNC EQUIPMENT CO. LTD
• Haas Automation, Inc.
• Hurco Companies, Inc.
• Mitsubishi Electric Corporation
• OKUMA Corporation
• SANDVIK AB
• Shenyang Machine Tool Part Co., Ltd.
• SOFT SERVO SYSTEMS
• YAMAZAKI MAZAK CORPORATION
Computer Numerical Control Machine Market Report Highlights:
• In terms of type, the lathe machines segment accounted for a major computer numerical control machine market share in 2024 due to their widespread application across industries such as automotive, aerospace, and general manufacturing.
• Based on industry vertical, the automotive segment dominated the market share in 2024 due to the need for precision manufacturing and producing high-quality components at scale.
• In the global market, Europe held the largest revenue share in 2024 due to its advanced manufacturing hub and strong presence of industries such as automotive, aerospace, and precision engineering.
• The Asia Pacific computer numerical control machine market is expected to witness a significant CAGR during the forecast period due to rapid industrialization and increasing investments in manufacturing infrastructure.
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Segmental Analysis:
• The computer numerical control market is segmented based on type, industry vertical, and region.
• Based on type, this market is categorized into lathe machines, milling machines, laser machines, grinding machines, welding machines, winding machines, and others. The lathe machines segment accounted for a major computer numerical control machine market share in 2024 due to their widespread application across industries.
• The industry vertical segment is divided into automotive, aerospace & defense, construction, power & energy, healthcare, and others. The automotive segment led the market in 2024, driven by the need for precision manufacturing and producing high-quality components at scale.
By Type Outlook (Volume, Thousand Units, Revenue, USD Billion, 2020-2034)
• Lathe Machines
• Milling Machines
• Laser Machines
• Grinding Machines
• Welding Machines
• Winding Machines
• Others
By Industry Vertical Outlook (Volume, Thousand Units, Revenue, USD Billion, 2020-2034)
• Automotive
• Aerospace & Defense
• Construction Equipment
• Power & Energy
• Healthcare
• Others
Regional Overview:
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Vietnam
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of Middle East & Africa
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
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