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CNC Vertical Machining Centers Market by Product, End-users, and Geography - Global Forecast and Analysis 2019-2023

CNC Vertical Machining Centers Market by Product, End-users, and Geography - Global Forecast and Analysis 2019-2023

Global CNC Vertical Machining Centers Market: About this Market

Technavio’s CNC vertical machining centers market analysis considers sales from the less than 5-axis CNC vertical machining centers and 5-axis or more CNC vertical machining centers segments. The market vendors cater to end-users, including automotive, aerospace, metal fabrication, and others. Our analysis also considers the provision of CNC vertical machining centers in APAC, Europe, MEA, North America, and South America. In 2018, the automotive segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the rising vehicle sophistication, upgrading emission standards, and growing investments in autonomous and electric vehicles manufacturing will help the market segment in maintaining its leading position over the forecast period. Also, our global CNC vertical machining centers report has observed market growth factors such as increasing demand for CNC-incorporated machine tools, rising demand for fabricated products, and development of advanced manufacturing processes. However, availability of horizontal machining centers and refurbished vertical machining centers, declining market prospects of end-user industries, and stringent regulatory framework may hamper the growth of the CNC vertical machining centers industry over the forecast period.

Global CNC Vertical Machining Centers Market: Overview

Development of advanced manufacturing processes

Manufacturing processes across industries are undergoing an immense transformation in terms of technologies. As a resultTherefore, vendors of CNC vertical machining centers have been subjecting their products to significant technological disruptions with the integration of modern technologies such as Non-Uniform Rational Basis Spline (NURBS). NURBS-enabled machines facilitate accuracy in the machining process. As a result of the benefits of advanced CNC vertical machining centers, their demand will increase. Consequently, the global CNC vertical machining centers market is expected to record a CAGR of almost 5% during 2019-2023.

Development of multi-faceted tools

The increasing demand for fabricated products and growing complex machining operations have augmented the need for high-speed, multi-faceted CNC solutions, which is one of the key market trends. The use of such versatile tools will eliminate the need for tool replacement. Therefore, the sales of such tools will increase, contributing to the growth of the CNC vertical machining centers market over the forecast period.

For the detailed list of factors that will drive the global CNC vertical machining centers market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global CNC vertical machining centers market is fragmented. Technavio’s robust vendor analysis is designed to help clients in improving their market positions., and iIn line with this, this report provides a detailed analysis of several leading vendors such as DMG MORI Co. Ltd., Doosan Corp., Haas Automation Inc., Hurco Co. Inc., Komatsu Ltd., Makino Milling Machine Co. Ltd., Okuma Corp., SCM GROUP Spa, Shenyang Machine Tool Co. Ltd., and Yamazaki Mazak Corp.

Also, the CNC vertical machining centers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies in strategizing and leveraging on all forthcoming future growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Key product offerings of prominent vendors
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global machine tools market
      • Table Segments of global machine tools market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Less than 5-axis CNC vertical machining centers - Market size and forecast 2018-2023
      • Table Less than 5-axis CNC vertical machining centers - Market size and forecast 2018-2023 ($ millions)
      • Table Less than 5-axis CNC vertical machining centers - Year-over-year growth 2019-2023 (%)
    • 5-axis or more CNC vertical machining centers - Market size and forecast 2018-2023
      • Table 5-axis or more CNC vertical machining centers - Market size and forecast 2018-2023 ($ millions)
      • Table 5-axis or more CNC vertical machining centers - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 ($ millions)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Aerospace - Market size and forecast 2018-2023
      • Table Aerospace - Market size and forecast 2018-2023 ($ millions)
      • Table Aerospace - Year-over-year growth 2019-2023 (%)
    • Metal fabrication - Market size and forecast 2018-2023
      • Table Metal fabrication - Market size and forecast 2018-2023 ($ millions)
      • Table Metal fabrication - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Emergence of autonomous and electric cars
    • Growing focus toward additive manufacturing
    • Development of multi-faceted tools
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DMG MORI Co. Ltd.
      • Table DMG MORI Co. Ltd. - Vendor overview
      • Table DMG MORI Co. Ltd. - Product segments
      • Table DMG MORI Co. Ltd. - Organizational developments
      • Table DMG MORI Co. Ltd. - Geographic focus
      • Table DMG MORI Co. Ltd. - Segment focus
      • Table DMG MORI Co. Ltd. - Key offerings
    • Doosan Corp.
      • Table Doosan Corp. - Vendor overview
      • Table Doosan Corp. - Business segments
      • Table Doosan Corp. - Organizational developments
      • Table Doosan Corp. - Geographic focus
      • Table Doosan Corp. - Segment focus
      • Table Doosan Corp. - Key offerings
    • Haas Automation Inc.
      • Table Haas Automation Inc. - Vendor overview
      • Table Haas Automation Inc. - Organizational developments
      • Table Haas Automation Inc. - Key offerings
    • Hurco Co. Inc.
      • Table Hurco Co. Inc. - Vendor overview
      • Table Hurco Co. Inc. - Business segments
      • Table Hurco Co. Inc. - Organizational developments
      • Table Hurco Co. Inc. - Geographic focus
      • Table Hurco Co. Inc. - Segment focus
      • Table Hurco Co. Inc. - Key offerings
    • Komatsu Ltd.
      • Table Komatsu Ltd. - Vendor overview
      • Table Komatsu Ltd. - Business segments
      • Table Komatsu Ltd. - Organizational developments
      • Table Komatsu Ltd. - Geographic focus
      • Table Komatsu Ltd. - Segment focus
      • Table Komatsu Ltd. - Key offerings
    • Makino Milling Machine Co. Ltd.
      • Table Makino Milling Machine Co. Ltd. - Vendor overview
      • Table Makino Milling Machine Co. Ltd. - Organizational developments
      • Table Makino Milling Machine Co. Ltd. - Geographic focus
      • Table Makino Milling Machine Co. Ltd. - Key offerings
    • Okuma Corp.
      • Table Okuma Corp. - Vendor overview
      • Table Okuma Corp. - Organizational developments
      • Table Okuma Corp. - Geographic focus
      • Table Okuma Corp. - Key offerings
    • SCM GROUP Spa
      • Table SCM GROUP Spa - Vendor overview
      • Table SCM GROUP Spa - Organizational developments
      • Table SCM GROUP Spa - Key offerings
    • Shenyang Machine Tool Co. Ltd.
      • Table Shenyang Machine Tool Co. Ltd. - Vendor overview
      • Table Shenyang Machine Tool Co. Ltd. - Key offerings
    • Yamazaki Mazak Corp.
      • Table Yamazaki Mazak Corp. - Vendor overview
      • Table Yamazaki Mazak Corp. - Organizational developments
      • Table Yamazaki Mazak Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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