
Global & South Korea CNC Machine Market to 2031
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
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