BRICS CNC Machine Market Outlook (2021-2031)

The BRICS CNC machine market is projected to grow significantly, reaching approximately US$ 20,555.3 million by 2031, up from US$ 10,421.4 million in 2024, with an anticipated compound annual growth rate (CAGR) of 10.2% from 2025 to 2031.

Executive Summary and Market Analysis

The CNC machine market within the BRICS nations—Brazil, Russia, India, China, and South Africa—demonstrates robust growth driven by rapid industrialization, increased automation, and supportive government policies aimed at enhancing manufacturing capabilities. Additionally, countries like Egypt, Indonesia, the UAE, and Saudi Arabia are emerging as significant contributors to this market, creating a diverse and competitive landscape that bolsters the global CNC manufacturing sector.

In Brazil, the CNC machine market thrives due to a strong industrial foundation, particularly in sectors such as automotive, aerospace, and machinery. Government initiatives promoting industrial modernization and regional development are facilitating the adoption of CNC technologies, especially in precision machining, supported by incentives for capital goods and export-oriented strategies.

Russia's CNC industry is characterized by its strengths in heavy engineering, defense, and energy equipment manufacturing. The impact of sanctions and policies favoring domestic production has led to increased investments in CNC technologies, with government-funded innovation hubs playing a crucial role in reshaping the landscape of CNC manufacturing in the country.

India is witnessing a surge in demand for CNC machines, fueled by its expanding manufacturing sector and initiatives like Make in India and the Production-Linked Incentive (PLI) schemes. The automotive, electronics, and general engineering sectors are driving this demand, supported by foreign investments and a focus on technical skill development, which is accelerating the integration of CNC technologies.

China continues to dominate the global CNC machine market, driven by its extensive industrial output and a strong supply chain. The Made in China 2025 initiative emphasizes innovation and domestic technology development, significantly increasing the demand for advanced CNC systems across various sectors, including electronics, aerospace, and high-precision tooling.

In South Africa, the CNC machine market is growing, supported by demand from the mining, automotive, and defense industries. The government is promoting industrial automation through digital transformation initiatives and skills development programs, gradually increasing CNC adoption in the country.

Egypt's CNC machine market is on an upward trajectory, bolstered by major infrastructure projects, foreign investments, and a focus on local production. Its strategic geographic position enhances its role as a regional manufacturing hub, with growing CNC demand across construction, machinery, and consumer goods sectors.

Indonesia is also experiencing a steady rise in CNC machine demand, driven by industrial diversification efforts and government initiatives like Making Indonesia 4.0. Key sectors such as automotive and consumer goods are leading this growth, supported by a young workforce and increasing foreign investments.

The UAE is emerging as a significant adopter of CNC technology in the Middle East, with substantial government investments in industrial diversification and advanced logistics infrastructure. CNC systems are increasingly utilized in aerospace, defense, and precision engineering, aligning with the UAE's broader Industry 4.0 goals.

Saudi Arabia's CNC machine market is gaining momentum under the Vision 2030 economic transformation strategy, with a focus on expanding its manufacturing base in construction, defense, and automotive sectors. The government is investing in technology integration and industrial automation, supported by vocational training programs.

Market Segmentation Analysis

The CNC machine market is segmented by machine type, layout type, end-user, and axis type. In terms of machine type, CNC lathes, CNC mills, turning centers, CNC grinders, CNC drilling, and CNC boring are included, with turning centers leading the market in 2024. Layout types are categorized into vertical and horizontal, with vertical machines dominating. The end-user segmentation includes automotive, general engineering, aerospace and defense, power and energy, and construction equipment, with the automotive sector holding the largest market share. By axis type, the market is divided into 2-3 axis, 4-6 axis, and 7 axis and above, with the 2-3 axis segment being the largest in 2024.

Market Outlook

The BRICS CNC machine market is poised for rapid expansion, with Brazil, Russia, India, China, South Africa, Egypt, Indonesia, the UAE, and Saudi Arabia playing pivotal roles in shaping regional demand. The diverse industrial strengths of these economies, including electronics, automotive, aerospace, and precision engineering, are driving the increasing adoption of CNC technologies.

A heightened focus on automation, productivity, and cost efficiency is propelling investments in CNC systems across the BRICS nations. Governments are advocating for smart manufacturing through Industry 4.0 policies, while businesses aim to reduce manual errors and enhance output quality. With rising foreign investments and export-oriented industrial strategies, the BRICS CNC machine market is well-positioned for sustained long-term growth.

Company Profiles

Key players in the BRICS CNC machine market include Yamazaki Mazak Corporation, DMG MORI, Haas Automation, Inc., Fanuc Corp, Okuma Corp, TRUMPF SE + Co KG, AMADA CO., LTD., DN SOLUTIONS, JTEKT Corp, and Fives SAS. These companies are employing strategies such as expansion, product innovation, and mergers and acquisitions to maintain competitiveness and deliver innovative solutions to their customers. Show more