Computer Numerical Control Market, Global Outlook and Forecast 2023-2030
The Computer Numerical Control (CNC) market is the process of mechanizing machine tools that are operated by precisely programmed commands encrypted on a storage medium as opposed to controlled manually by devices. CNC machining is utilized across various sectors, including industrial machinery, automobile, healthcare, and electronics.
This report aims to provide a comprehensive presentation of the global market for Computer Numerical Control, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Computer Numerical Control. This report contains market size and forecasts of Computer Numerical Control in global, including the following market information:
Global Computer Numerical Control Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Computer Numerical Control market was valued at US$ 12830 million in 2022 and is projected to reach US$ 15840 million by 2030, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increase in demand in mass production plants in various sectors, including defense & intelligence, electronics, automobile, and machinery supplements the market growth. However, high cost of maintenance and after sales services of CNC machines is expected to restrict the growth of the market. Moreover, increase in number of application areas and reduced cost of entire production process is expected to create numerous opportunities for the growth of the market.
We surveyed the Computer Numerical Control companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Computer Numerical Control Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Computer Numerical Control Market Segment Percentages, by Type, 2022 (%)
Lathes
Mills
Grinders
Others
Global Computer Numerical Control Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Computer Numerical Control Market Segment Percentages, by Application, 2022 (%)
Aerospace and Defense
Automobile
Electronics
Healthcare
Industrial Machinery
Others
Global Computer Numerical Control Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Computer Numerical Control Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Computer Numerical Control revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Computer Numerical Control revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
MONDRAGON Corporation
GSK CNC Equipment
Soft Servo Systems
Heidenhain GmbH
Bosch Rexroth AG
Siemens AG
Sandvik AB
Haas Automation
Mitsubishi Electric Corporation
Fanuc Corporation
Protomatic
AMS Micromedical
Plastic Navigation Industrial
Okuma
Hurco
Star CNC
Xometry
Ace Micromatic
Star Prototype
Intelitek
T W Ward CNC Machinery
EMAG GmbH
Outline of Major Chapters:
Chapter 1: Introduces the definition of Computer Numerical Control, market overview.
Chapter 2: Global Computer Numerical Control market size in revenue.
Chapter 3: Detailed analysis of Computer Numerical Control company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Computer Numerical Control in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
