Press release
Navigating the Future: Machining Centers Market Trends and Forecast Insights, 2025 Edition
Machining Centers
Machining Centers Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of machining centres has seen notable growth. The sector's value is projected to increase from $28.17 billion in 2024 to $29.94 billion in 2025, recording a compound annual growth rate (CAGR) of 6.3%. The unprecedented growth in the historical phase is linked to the need for high-precision components, bulk production necessities, adaptable production systems, decrease in preparation time, the global expansion of manufacturing, investments in the energy sector, and an emphasis on quality assurance.
How Will the Machining Centers Market Size Evolve and Grow by 2029?
The market for machining centres is anticipated to exhibit robust growth in the forthcoming years, reaching a size of $38.4 billion by 2029 with a compound annual growth rate (CAGR) of 6.4%. Factors contributing to this growth during the projected period include advancements in manufacturing customization, productivity enhancement, initiatives in smart manufacturing, energy efficiency mandates, global structure development, and sophisticated control systems. Trending dynamics during the forecast period are automation and robotics, fast-paced machining, multitasking machining centres, additive manufacturing integration, digital twin technology, cutting-edge tooling technologies, remote monitoring and maintenance, along with a shift towards more user-friendly interfaces.
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What Drivers Are Propelling the Growth of Machining Centers Market Forward?
The machining centers market is predicted to experience increased growth as a result of the surge in automation and robotics usage in the manufacturing industry. This industry is primarily engaged in manufacturing and processing raw materials, including steel, iron, and plastic into finished products. Machining centers, known as advanced automation tools in the manufacturing sector, streamline the manufacturing machining processes. The International Federation of Robotics, a professional non-profit organization based in Germany, reported in their World Robotics report in September 2023, that there were 553,052 installations of industrial robots in global factories. This was an increase of 5% compared to 2022. Hence, the burgeoning use of automation and robotics within the manufacturing industry fuels the expansion of the machining centers market.
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Which Emerging Trends Are Transforming the Machining Centers Market in 2025?
Leading companies in the machining centers market are introducing innovative products, like vertical machining centers, to boost their market revenues. A vertical machining center (VMC), a kind of computer numerical control (CNC) machine that incorporates a vertical spindle, provides accurate and efficient machining of different materials, especially metals. For example, in September 2022, Makino Inc., a firm based in the US offering advanced CNC machining centers, unveiled its new product, Slim3n. This machine features a sturdy fixed table (23.6" x 15.7") capable of carrying up to 881 pounds, easily housing larger objects. Its enclosed frame structure, optimized using Finite Element Analysis (FEA), increases torsional rigidity, thereby enhancing its performance. This machine, fitted with a 16,000 rpm HSK-A50 spindle (with a higher torque 8,000 rpm option available), can comfortably manage substantial radial pressures during the milling process. This machinery can be paired with either manual or automated material handling systems, which include conveyors and robotics.
What Are the Key Segments in the Machining Centers Market?
The machining centers market covered in this report is segmented -
1) By Type: Horizontal Machining Center, Vertical Machining Center, Other Types
2) By Distribution Channel: Direct Sales, Third-Party Sales
3) By Application: Automotive, Aerospace, Construction And Agriculture, Fluid Power, Oil And Energy, Other Applications
Subsegments:
1) By Horizontal Machining Center (HMC): Single-Spindle HMC, Multi-Spindle HMC, Twin-Spindle HMC
2) By Vertical Machining Center (VMC): 3-Axis VMC, 4-Axis VMC, 5-Axis VMC, Mini VMC
3) By Other Types: Multi-Tasking Machines, CNC Lathes, Turn-Mill Centers, Gantry Machining Centers
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Who Are the Key Players Shaping the Machining Centers Market's Competitive Landscape?
Major companies operating in the machining centers market are AceMicromatic Group, Amera-Seiki Corp., CHIRON Group SE, DMG Mori Co. Ltd., Doosan Machine Tools Co. Ltd., Fanuc Corporation, FFG European & American Holdings GmbH, Haas Automation Inc., Hurco Companies Inc., Jiuh-Yeh Precision Machinery Co. Ltd., JTEKT Corporation, Jyoti CNC Automation Limited, Kent CNC, Komatsu NTC Ltd., Makino Inc., Matsuura Machinery Corporation, Maxmill Machinery Co. Ltd., Mazak Corporation, Mitsubishi Electric Corporation, MTAB Engineers Private Limited, Okuma America Corporation, SCM GROUP S.p.A., Siemens AG, The Hyundai Wia Corporation, Yamazaki Mazak Corporation, Yeong Chin Machinery Industries Co. Ltd., Hornet Cutting Systems LLC, Davenport Machine Inc., Emmegi SPA, Tsugami-Rem Sales LLC, Detroit Edge Tool Company, TruCut Fabricators Co., BLM Group USA Corp., HowesTemco a div. of NN Inc., Elektriska Svetsnings-Aktiebolaget, Doosan Corp., Toyoda Gosei Co. Ltd., Hermle AG, GROB-WERKE GmbH & Co. KG
What Geographic Markets Are Powering Growth in the Machining Centers Market?
Asia-Pacific was the largest region in the machining centers market share in 2024. The regions covered in the machining centers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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