Report cover image

Global & South Korea CNC Machine Market to 2031

Published Sep 05, 2025
Length 105 Pages
SKU # BMKS20376313

Description

The CNC machine market in South Korea is thriving and experiencing steady growth, largely due to the country's robust manufacturing industry. As a global frontrunner in sectors such as electronics, automotive, and shipbuilding, South Korea places significant reliance on precision machining, which makes CNC machines vital for enhancing production efficiency and quality. The rising integration of advanced technologies, including automation, IoT, and smart manufacturing solutions, is further driving the demand for CNC machines. Additionally, government initiatives that promote Industry 4.0 and manufacturing innovation are key contributors to the market's expansion. South Korea's commitment to lowering labor costs and improving productivity encourages manufacturers to invest in CNC technology. Furthermore, the presence of a skilled workforce and strong infrastructure provides a conducive environment for the growth of the CNC machine market. In a notable development, in 2025, the Ministry of Trade, Industry and Energy (MOTIE), in partnership with the Korea Electrotechnology Research Institute (KERI), introduced a domestically manufactured CNC drive system. This innovation reduces reliance on foreign technology and improves the precision and efficiency of CNC machines, aligning with South Korea's objective of bolstering its manufacturing sector.

Table of Contents

105 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. South Korea CNC Machine Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. CNC Machine Market Key Market Dynamics
5.1 CNC Machine Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. South Korea CNC Machine Market – Analysis
6.1 South Korea CNC Machine Market Revenue (US$ Million), 2021–2031
6.2 South Korea CNC Machine Market Revenue and Forecast Analysis
7. South Korea CNC Machine Market Analysis – by Machine Type
7.1 South Korea CNC Machine Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Machine Type
8. South Korea CNC Machine Market Analysis – by Layout Type
8.1 South Korea CNC Machine Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Layout Type
9. South Korea CNC Machine Market Analysis – by End-user
9.1 South Korea CNC Machine Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End-user
10. South Korea CNC Machine Market Analysis – by Axis Type
10.1 South Korea CNC Machine Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Axis Type
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.1 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.2 Partnerships and Collaborations
12.2 Other Developments
13. Company Profiles
13.1 Yamazaki Mazak Corporation
13.1. 1 Key Facts
13.1. 2 Business Description
13.1. 3 Products and Services
13.1. 4 Financial Overview
13.1. 5 SWOT Analysis
13.1. 6 Key Developments
13.2 DMG MORI
13.2. 1 Key Facts
13.2. 2 Business Description
13.2. 3 Products and Services
13.2. 4 Financial Overview
13.2. 5 SWOT Analysis
13.2. 6 Key Developments
13.3 Haas Automation, Inc
13.3. 1 Key Facts
13.3. 2 Business Description
13.3. 3 Products and Services
13.3. 4 Financial Overview
13.3. 5 SWOT Analysis
13.3. 6 Key Developments
13.4 Fanuc Corp
13.4. 1 Key Facts
13.4. 2 Business Description
13.4. 3 Products and Services
13.4. 4 Financial Overview
13.4. 5 SWOT Analysis
13.4. 6 Key Developments
13.5 Okuma Corp
13.5. 1 Key Facts
13.5. 2 Business Description
13.5. 3 Products and Services
13.5. 4 Financial Overview
13.5. 5 SWOT Analysis
13.5. 6 Key Developments
13.6 TRUMPF SE + Co KG
13.6. 1 Key Facts
13.6. 2 Business Description
13.6. 3 Products and Services
13.6. 4 Financial Overview
13.6. 5 SWOT Analysis
13.6. 6 Key Developments
13.7 AMADA CO., LTD.
13.7. 1 Key Facts
13.7. 2 Business Description
13.7. 3 Products and Services
13.7. 4 Financial Overview
13.7. 5 SWOT Analysis
13.7. 6 Key Developments
13.8 Fives SAS
13.8. 1 Key Facts
13.8. 2 Business Description
13.8. 3 Products and Services
13.8. 4 Financial Overview
13.8. 5 SWOT Analysis
13.8. 6 Key Developments
13.9 JTEKT Corp
13.9. 1 Key Facts
13.9. 2 Business Description
13.9. 3 Products and Services
13.9. 4 Financial Overview
13.9. 5 SWOT Analysis
13.9. 6 Key Developments
13.10 DN SOLUTIONS
13.10. 1 Key Facts
13.10. 2 Business Description
13.10. 3 Products and Services
13.10. 4 Financial Overview
13.10. 5 SWOT Analysis
13.10. 6 Key Developments
14. Appendix
14.1 About Business Market Insights
14.2 List of Abbreviations

Search Inside Report

How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.