Press release
Computer Numerical Control (CNC) Machinery Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Computer Numerical Control (CNC) Machinery Market Size
The computer numerical control (CNC) machinery market is anticipated to see growth, driven by the escalating demand for semiconductor production equipment. This equipment consists of the tools necessary for semiconductor manufacturing, which involves the manipulation of atoms. CNC machines are instrumental in this process as they facilitate achieving minimal surface tolerance and the creation of cylindrical semiconductor components. As reported by Semiconductor Equipment and Materials International (SEMI), an international industry association based in the U.S., there has been a notable increase of 5.69% in the sales of semiconductor manufacturing equipment from $102.5 billion in 2021 to $108.5 billion in 2022. This implies a surge in demand for such equipment, acting as a catalyst for the expansion of the CNC machinery market.
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What growth opportunities are expected to drive the computer numerical control (cnc) machinery market's CAGR through 2034?
Recent years have seen substantial growth in the size of the computer numerical control (CNC) machinery market. It is predicted to expand from $87.77 billion in 2024 to $95.27 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.5%. Factors contributing to this historical growth include heightened demand in the aerospace and automotive sectors, global manufacturing integration, the shrinking of product development cycles, cost-effectiveness and labor conservation, as well as the need for customization and intricate product designs.
The market for Computer Numerical Control (CNC) machinery is predicted to experience substantial growth in the upcoming years, with expectations of reaching "$128.13 billion in 2029 and a Compound Annual Growth Rate (CAGR) of 7.7%. The advancement in the forecasted period can be linked to the increased use of 5-axis and multi-tasking machines, commitment to sustainable and environmentally friendly manufacturing processes, a surge in additive manufacturing, a rise in demand for medical device manufacturing, and global reshoring efforts. Key trends expected during the forecast period encompass digital twin technology, innovations in groundbreaking technologies, the incorporation of Industry 4.0 technologies, improved accuracy and precision, and collaboration between humans and machines.
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What are the emerging trends shaping the future of the computer numerical control (cnc) machinery market?
The proliferation of technology is a major trend that's gaining traction in the computer numerical control (CNC) machinery market. Firms involved in the CNC machinery market are embracing innovative technological solutions to maintain their market standing. For instance, the Canada-based robotic applications firm Robotiq Inc. introduced a Machine Tending Application Solution for CNC machines in June 2022. This novel application solution is equipped with automation technology, which replicates the tasks of a human operator, ultimately helping to lower implementation costs by up to 50%.
Which growth-oriented segments of the computer numerical control (cnc) machinery market are leading the industry's development?
The computer numerical control (CNC) machinery market covered in this report is segmented -
1) By Type: Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines, Other Types
2) By Number Of Axes: 3 Axis, 4 Axis, 5 Axis
3) By End Use: Automotive, Aerospace And Defense, Construction Equipment, Power And Energy, Industrial, Other End Users
Subsegments:
1) By Lathe Machines: CNC Lathes, CNC Turning Centers, Multi-Spindle Lathes
2) By Milling Machines: CNC Vertical Milling Machines, CNC Horizontal Milling Machines, CNC Bed Milling Machines
3) By Laser Machines: CNC Laser Cutting Machines, CNC Laser Engraving Machines, CNC Laser Marking Machines
4) By Grinding Machines: CNC Surface Grinding Machines, CNC Cylindrical Grinding Machines, CNC Tool And Cutter Grinding Machines
5) By Welding Machines: CNC MIG Welding Machines, CNC TIG Welding Machines, CNC Spot Welding Machines
6) By Winding Machines: CNC Coil Winding Machines, CNC Wire Winding Machines, CNC Tape Winding Machines
7) By Other Types: CNC Waterjet Cutting Machines, CNC Plasma Cutting Machines, CNC Electric Discharge Machines (EDM)
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What regions are leading the charge in the computer numerical control (cnc) machinery market?
Asia-Pacific was the largest region in the computer numerical control (CNC) machinery market in 2024 and is expected to be the fastest-growing region in the global computer numerical control (CNC) machinery market report during the forecast period. The regions covered in the computer numerical control (CNC) machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the computer numerical control (cnc) machinery market?
Major companies operating in the computer numerical control (CNC) machinery market include Haas Automation Inc., Dalian Machine Tool Group (DMTG) Corporation, FANUC CORPORATION, DMG Mori Seiki Co. Ltd., Hurco Companies Inc., Amada Machinery Co. Ltd., MAG IAS GmbH, Sandvik AB, Hyundai WIA Corporation, Amera-Seiki Corporation, Makino Milling Machine Co. Ltd., JTEKT Corporation, Ellison Technologies Inc., Okuma Corporation, DN SOLUTIONS, GF Machining Solutions Management SA, CHIRON Group SE, GROB-WERKE GmbH & Co. KG, EMAG GmbH & Co. KG, Hermle Inc., DAES Group, Simplex Industrial Solutions and Software, Doosan Machine Tools Co. Ltd., dic*k Co. Ltd., Citizen Machinery Co. Ltd., INDEX-Werke GmbH & Co. KG Hahn & Tessky, Mazak Corporation, Siemens AG, Dr. Johannes Heidenhain GmbH
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What Is Covered In The Computer Numerical Control (CNC) Machinery Global Market Report?
• Market Size Forecast: Examine the computer numerical control (cnc) machinery market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the computer numerical control (cnc) machinery market for a structured understanding.
• Key Players Overview: Analyze major players in the computer numerical control (cnc) machinery market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the computer numerical control (cnc) machinery market.
• Segment Contributions: Evaluate how different segments drive overall growth in the computer numerical control (cnc) machinery market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the computer numerical control (cnc) machinery market.
• Industry Challenges: Identify potential risks and obstacles affecting the computer numerical control (cnc) machinery market.
• Competitive Landscape: Review strategic developments in the computer numerical control (cnc) machinery market, including expansions, agreements, and new product launches.
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