Press release
Woodworking Machine Market Expected to Reach USD 6642.57 Mn. by 2030
Woodworking Machine Market
The global woodworking machine market reached approximately USD 5.01 billion in 2024, and is projected to grow at a CAGR of 3.9% between 2025 and 2034, reaching around USD 7.35 billion by 2034. Demand continues to accelerate due to rising furniture manufacturing, construction activity, and increased automation and precision technologies.
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►Competitive Landscape
features major players including Homag, SCM Group, Bosch, Weinig, and Biesse, among others. Asia-Pacific was the largest region in 2024, with North America ranking second in regional share.
Higher demand in Asia‐Pacific is being driven by rising industrialization, infrastructure investment, and expanding furniture markets.
►Regional Insights
♦ United States - Growth & Opportunity in United States
In the United States, robust growth in residential and commercial construction is fuelling demand for woodworking machinery. Adoption of cross‐laminated timber (CLT) technologies and smart factory automation is further accelerating market expansion in North America.
♦ United States - Consolidation & Updation
While specific U.S. M&A in woodworking machinery is limited in public sources, Altendorf (Germany) acquired Hebrock in 2018 as part of consolidation efforts in the panel saw segment. In the U.S., major players like Homag, SCM Group, and Bosch continue to bring new CNC and automation upgrades to North American markets.
♦ Asia Pacific - Growth & Opportunity in Asia Pacific
Asia Pacific led the global market in 2024 and is forecast to grow steadily with increasing construction, furniture manufacturing, and evolving consumer preferences for customized wood products. Automation and CNC integration are key growth drivers here .
♦ Asia Pacific - Consolidation & Updation
Regional consolidation is visible through expansion of global firms and local alliances. Companies like SCM Group and Biesse are expanding production or partnerships within China, India, and Southeast Asia. Updates include launches of CNC models tailored to Asia market needs.
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♦ Middle East & Africa - Growth & Opportunity in Middle East and Africa
Although still a smaller share of the global market, Middle East & Africa is emerging as a growth region due to increased investment in infrastructure and housing projects. Demand for woodworking machinery is gradually rising especially in GCC and South Africa.
♦ Middle East & Africa - Consolidation & Updation
The region's M&A activity remains nascent; however global machine vendors are entering via distributorships and service centres. Developments include localized support and machine upgrades to serve growing demand from construction and furniture sectors.
♦ Europe - Growth & Opportunity in Europe
Europe accounted for over 40% market share in 2024 and is projected to maintain leadership through to 2034, supported by established woodworking traditions, sustainable manufacturing initiatives and high automation adoption.
♦ Europe - Consolidation & Updation
European consolidation includes Altendorf's acquisition of Hebrock (edge‐banding machinery) in 2018 . Firms like Weinig, HOMAG, and SCM Group continue launching advanced CNC equipment, collaborating with service and IoT providers to upgrade their offerings region‐wide.
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► Market Segmentation: In-Depth Analysis:
by Operating
Principle Mechanical
Electric
by Product Type
Thickness planer
Grinding machines
Chain/chisel mortise
Routers
Others (saw, drills, etc.)
by End Use
Construction Industry
Furniture Industry
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-woodworking-machine-market/95215/
► Learn about the top players driving innovation in the Market :
1. Biesse Group
2. Durr
3. IMA-Schelling
4. SCM Group
5. KTCC Woodworking Machinery
6. Woodworking Machine - Oliver Machinery
7. Holytek Industrial Corporation
8. WEINIG Group
9. Cantek America
10. Gongyou Group
11. HOMAG Group
12. Paolino Bacci
13. Masterwood SpA
14. Dura Wood Working Machinery Industry & Trade Company LTD
15. ROJEK Woodworking Machinery
16. Otto Martin aschinenbau GmbH & Co.KG
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► About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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