
CNC metal cutting machine tools Market Research Report Information by Class (General, High End, and Special), by Tool (Metal Cutting and Metal Forming), by Product (5- Axis, 4- Axis, 3-Axis, 2-Axis, Others), by Machine Type (Conventional, Machining Centre
Description
CNC metal cutting machine tools Market Research Report Information by Class (General, High End, and Special), by Tool (Metal Cutting and Metal Forming), by Product (5- Axis, 4- Axis, 3-Axis, 2-Axis, Others), by Machine Type (Conventional, Machining Centre, Turning Centre, Mill-Turn, and Others), by Application (Automotive, Machinery, IT & Electronics, Aerospace, Defense, Shipbuilding, Energy (e.g., Oil & Gas), Medical Devices, Construction, Precision Engineering, and Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa)- Industry Forecast to 2032
In 2023, the market for CNC metal cutting machine tools was estimated to be worth USD 53,386.4 million. The market for CNC metal cutting tools is expected to expand at a compound annual growth rate (CAGR) of 7.5% between 2024 and 2032, from USD 57,657.3 million in 2024 to USD 1,03,211.90 million by 2032. The instruments for the CNC metal cutting machine The term ""market"" describes the industry sector that includes the production, distribution, and application of computer numerical control (CNC) equipment intended especially for the precise shaping, machining, and cutting of metallic workpieces. These machines achieve high levels of accuracy and efficiency in metalworking processes by utilizing automated technologies and sophisticated software. Numerous industries are served by the market, including electronics, medical devices, automotive, aerospace, and more.
To accommodate different industry demands and regional variances, the market is further divided into segments based on machine type, application, and geographic locations. The industry has a bright future ahead of it, with sustained expansion predicted as the need for CNC metal cutting solutions is fueled by global industrialization and technological advancement. The instruments for the CNC metal cutting machine The market is still growing steadily, propelled by new developments in technology, a rise in the need for precision machining, and the changing requirements of industrial, aerospace, and automotive industries. An overview of the major trends and factors influencing the industry is given in this executive summary. The market for CNC metal cutting machine tools is distinguished by the accurate shaping and cutting of metal workpieces through the application of computer numerical control (CNC) technology.
Insights on Market Segments
The CNC metal cutting machine tools market is divided into three categories: General, High End, and Special.
The CNC metal cutting machine tools market is divided into two segments based on the tool: metal cutting and metal forming.
The CNC metal cutting machine tools market is divided into five categories based on product: 5-Axis, 4-Axis, 3-Axis, 2-Axis, and Others.
The CNC metal cutting machine tools market is divided into four segments based on the kind of machine: conventional, mill-turn, turning center, machining center, and others.
Automotive, Machinery, IT & Electronics, Aerospace, Defense, Shipbuilding, Energy (e.g., Oil & Gas), Medical Devices, Construction, Precision Engineering, and Others are the segments of the CNC metal cutting machine tools market based on application.
Regional Perspectives
With the biggest market share, Asia-Pacific is predicted to grow at the fastest rate over the projection period. A vibrant and quickly growing market, the Asia-Pacific area contributes significantly to the global CNC metal cutting machine tool business.
North America is expected to grow at a revenue-based compound annual growth rate (CAGR) during the forecast period, holding the second-largest position in the market for CNC metal cutting machine tools. North America holds a significant position in the worldwide market for CNC metal cutting machine tools because of its strong industrial sectors and ongoing commitment to technological advancement. Manufacturers in the US and Canada mostly rely on CNC metal cutting equipment to satisfy the demanding needs of the defense, aerospace, and automotive sectors.
A significant hub for CNC metal cutting machine equipment is Europe. The European market is notable for its robust presence in the metal cutting and metal forming segments, with an extensive selection of CNC machines customized to cater to the requirements of diverse industries. There is a significant need for CNC machines in Germany due to the country's success in precise engineering and car manufacture.
Market Participants
DMG MORI CO., LTD (Japan), Okuma Corporation (Japan), EMAG GmbH & Co. KG (Germany), Haas Automation, Inc. (US), Yamazaki Mazak Corporation (Japan), and Makino Inc (Japan) are the leading companies in the CNC metal cutting machine tools market.
Table of Contents
267 Pages
- 1 Executive Summary
- 1.1 Market Attractiveness Analysis
- 1.1.1 Global Cnc Metal Cutting Machine Tools Market, By Class
- 1.1.2 Global Cnc Metal Cutting Machine Tools Market, By Tools
- 1.1.3 Global Cnc Metal Cutting Machine Tools Market, By Product
- 1.1.4 Global Cnc Metal Cutting Machine Tools Market, By Machine Type
- 1.1.5 Global Cnc Metal Cutting Machine Tools Market, By Application
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Market Structure
- 3 Research Methodology
- 3.1 Research Process
- 3.2 Primary Research
- 3.3 Secondary Research
- 3.4 Market Size Estimation
- 3.5 Top-down And Bottom-up Approach
- 3.6 Forecast Model
- 3.7 List Of Assumptions
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Growing Demand From Industries
- 4.2.2 Precision And Time-efficiency Offered By Cnc Metal Cutting Machine Tools
- 4.2.3 Use Of Cutting Tools In Manufacturing
- 4.2.4 Driver Impact Analysis
- 4.3 Restraints
- 4.3.1 Lack Of Skilled Labor
- 4.3.2 High Costs Of Cnc Machines
- 4.3.3 Restraint Impact Analysis
- 4.4 Opportunities
- 4.4.1 Growth Of Manufacturing And Other Industries In Emerging Economies
- 4.4.2 Evolution Of Internet Of Things (Iot)
- 5 Market Factor Analysis
- 5.1 Porter’s Five Forces Model
- 5.1.1 Threat Of New Entrants
- 5.1.2 Bargaining Power Of Suppliers
- 5.1.3 Threat Of Substitutes
- 5.1.4 Bargaining Power Of Buyers
- 5.1.5 Intensity Of Rivalry
- 5.2 Supply Chain Analysis
- 5.2.1 Design & Development
- 5.2.2 Raw Material/Component Supply
- 5.2.3 Manufacture & Assembly
- 5.2.4 Distribution
- 5.2.5 End Use
- 6 Global Cnc Metal Cutting Machine Tools Market, By Class
- 6.1 Overview
- 6.2 General
- 6.3 High End
- 6.4 Special
- 7 Global Cnc Metal Cutting Machine Tools Market, By Tool
- 7.1 Overview
- 7.2 Metal Cutting
- 7.3 Metal Forming
- 8 Global Cnc Metal Cutting Machine Tools Market, By Product
- 8.1 Overview
- 8.2 5- Axis
- 8.3 4- Axis
- 8.4 3-axis
- 8.5 2-axis
- 8.6 Others
- 9 Global Cnc Metal Cutting Machine Tools Market, By Machine Type
- 9.1 Overview
- 9.2 Conventional
- 9.3 Machining Centre
- 9.4 Turning Centre
- 9.5 Mill-turn
- 9.6 Others
- 10 Global Cnc Metal Cutting Machine Tools Market, By Application
- 10.1 Overview
- 10.2 Automotive
- 10.3 Machinery
- 10.4 It & Electronics
- 10.5 Aerospace
- 10.6 Defense
- 10.7 Shipbuilding
- 10.8 Energy (E.G., Oil & Gas)
- 10.9 Medical Devices
- 10.10 Construction
- 10.11 Precision Engineering
- 10.12 Others
- 11 Global Cnc Metal Cutting Machine Tools Market, By Region
- 11.1 Overview
- 11.1.1 Global Cnc Metal Cutting Machine Tools Market, By Region, 2018–2032
- 11.2 North America
- 11.2.1 North Americacnc Metal Cutting Machine Tools Market, By Country, 2018–2032
- 11.2.2 United States
- 11.2.3 Canada
- 11.3 Europe
- 11.3.1 Europecnc Metal Cutting Machine Tools Market, By Country, 2018–2032
- 11.3.2 Germany
- 11.3.3 Uk
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 France
- 11.3.7 Russia
- 11.3.8 Rest Of Europe
- 11.4 Asia-pacific
- 11.4.1 Asia-pacificcnc Metal Cutting Machine Tools Market, By Country, 2018–2032
- 11.4.2 China
- 11.4.3 Japan
- 11.4.4 India
- 11.4.5 South Korea
- 11.4.6 Thailand
- 11.4.7 Vietnam
- 11.4.8 Singapore
- 11.4.9 Malaysia
- 11.4.10 Philippines
- 11.4.11 Indonesia
- 11.4.12 Australia
- 11.4.13 New Zealand
- 11.4.14 Rest Of Asia Pacific
- 11.5 Middle East & Africa
- 11.5.1 Middle East & Africacnc Metal Cutting Machine Tools Market, By Country, 2018–2032
- 11.5.2 Turkey
- 11.5.3 South Africa
- 11.5.4 Gcc Countries
- 11.5.5 Saudi Arabia
- 11.5.6 Iran
- 11.5.7 Kenya
- 11.5.8 Nigeria
- 11.5.9 Rest Of Mea
- 11.6 South America
- 11.6.1 South Americacnc Metal Cutting Machine Tools Market, By Country, 2018–2032
- 11.6.2 Brazil
- 11.6.3 Argentina
- 11.6.4 Chile
- 11.6.5 Peru
- 11.6.6 Colombia
- 11.6.7 Rest Of South America
- 12 Competitive Landscape
- 12.1 Overview
- 12.2 Market Share Analysis, 2022
- 12.3 Competitive Benchmarking
- 12.4 Key Developments In The Global Cnc Metal Cutting Machine Tools Market
- 12.4.1 Key Developmentsmergers & Acquisitions
- 12.4.2 Key Developmentspartnerships & Collaborations
- 12.4.3 Key Developmentsexpansions & Investments
- 12.4.4 Key Developmentsexhibition
- 12.4.5 Key Developmentsproduct Developments/Launches
- 13 Company Profiles
- 13.1 Dmg Mori Co., Ltd
- 13.1.1 Company Overview
- 13.1.2 Financial Overview
- 13.1.3 Products Offered
- 13.1.4 Key Developments
- 13.1.5 Swot Analysis
- 13.1.6 Key Strategy
- 13.2 Dn Solutions
- 13.2.1 Company Overview
- 13.2.2 Financial Overview
- 13.2.3 Products/Services Offered
- 13.2.4 Key Developments
- 13.2.5 Swot Analysis
- 13.2.6 Key Strategy
- 13.3 Okuma Corporation
- 13.3.1 Company Overview
- 13.3.2 Financial Overview
- 13.3.3 Products Offered
- 13.3.4 Key Developments
- 13.3.5 Swot Analysis
- 13.3.6 Key Strategy
- 13.4 Makino Inc
- 13.4.1 Company Overview
- 13.4.2 Financial Overview
- 13.4.3 Products Offered
- 13.4.4 Key Developments
- 13.4.5 Swot Analysis
- 13.4.6 Key Strategies
- 13.5 Yamazaki Mazak Corporation
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategies
- List Of Tables
- Table 1 List Of Assumptions
- Table 2 Global Cnc Metal Cutting Machine Tools Market, By Class 2018–2032 (Units)
- Table 3 Global Cnc Metal Cutting Machine Tools Market, By Class 2018–2032 (Usd Million)
- Table 4 Global Cnc Metal Cutting Machine Tools Market, By Tool 2018–2032 (Units)
- Table 5 Global Cnc Metal Cutting Machine Tools Market, By Tool 2018–2032 (Usd Million)
- Table 6 Global Cnc Metal Cutting Machine Tools Market, By Product 2018–2032 (Units)
- Table 7 Global Cnc Metal Cutting Machine Tools Market, By Product 2018–2032 (Usd Million)
- Table 8 Global Cnc Metal Cutting Machine Tools Market, By Machine Type 2018–2032 (Units)
- Table 9 Global Cnc Metal Cutting Machine Tools Market, By Machine Type 2018–2032 (Usd Million)
- Table 10 Global Cnc Metal Cutting Machine Tools Market, By Application 2018–2032 (Units)
- Table 11 Global Cnc Metal Cutting Machine Tools Market, By Application 2018–2032 (Usd Million)
- Table 12 Global Cnc Metal Cutting Machine Tools Market, By Region, 2018–2032 (Units)
- Table 13 Global Cnc Metal Cutting Machine Tools Market, By Region, 2018–2032 (Usd Million)
- Table 14 North Americacnc Metal Cutting Machine Tools Market, By Country, 2018–2032 (Units)
- Table 15 North Americacnc Metal Cutting Machine Tools Market, By Country, 2018–2032 (Usd Million)
- Table 16 North America Cnc Metal Cutting Machine Tools Market, By Class 2018–2032 (Units)
- Table 17 North America Cnc Metal Cutting Machine Tools Market, By Class 2018–2032 (Usd Million)
- Table 18 North America Cnc Metal Cutting Machine Tools Market, By Tool 2018–2032 (Units)
- Table 19 North America Cnc Metal Cutting Machine Tools Market, By Tool 2018–2032 (Usd Million)
- Table 20 North America Cnc Metal Cutting Machine Tools Market, By Product 2018–2032 (Units)
- Table 21 North America Cnc Metal Cutting Machine Tools Market, By Product 2018–2032 (Usd Million)
- Table 22 North America Cnc Metal Cutting Machine Tools Market, By Machine Type 2018–2032 (Units)
- Table 23 North America Cnc Metal Cutting Machine Tools Market, By Machine Type 2018–2032 (Usd Million)
- List Of Figures
- Figure 1 Market Synopsis
- Figure 2 Global Cnc Metal Cutting Machine Tools Market Analysis, By Class
- Figure 3 Global Cnc Metal Cutting Machine Tools Market Analysis, By Tools
- Figure 4 Global Cnc Metal Cutting Machine Tools Market Analysis, By Product
- Figure 5 Global Cnc Metal Cutting Machine Tools Market Analysis, By Machine Type
- Figure 6 Global Cnc Metal Cutting Machine Tools Market Analysis, By Application
- Figure 7 Global Cnc Metal Cutting Machine Tools Marketmarket Structure
- Figure 8 Research Process Of Mrfr
- Figure 9 Market Dynamicsglobal Cnc Metal Cutting Machine Tools Market
- Figure 10 Total Number Of Electric Vehicles In Operation, 2016–2022 (Thousand)
- Figure 11 Driver Impact Analysisglobal Cnc Metal Cutting Machine Tools Market
- Figure 12 Restraint Impact Analysisglobal Cnc Metal Cutting Machine Tools Market
- Figure 13 Porter’s Five Forces Analysisglobal Cnc Metal Cutting Machine Tools Market
- Figure 14 Supply Chain Analysisglobal Cnc Metal Cutting Machine Tools Market
- Figure 15 Global Cnc Metal Cutting Machine Tools Market, By Class, 2022 (% Share)
- Figure 16 Global Cnc Metal Cutting Machine Tools Market, By Class, 2018–2032 (Usd Million)
- Figure 17 Global Cnc Metal Cutting Machine Tools Market, By Tool, 2022 (% Share)
- Figure 18 Global Cnc Metal Cutting Machine Tools Market, By Tool, 2018–2032 (Usd Million)
- Figure 19 Global Cnc Metal Cutting Machine Tools Market, By Product, 2022 (% Share)
- Figure 20 Global Cnc Metal Cutting Machine Tools Market, By Product, 2018–2032 (Usd Million)
- Figure 21 Global Cnc Metal Cutting Machine Tools Market, By Machine Type, 2022 (% Share)
- Figure 22 Global Cnc Metal Cutting Machine Tools Market, By Machine Type, 2018–2032 (Usd Million)
- Figure 23 Global Cnc Metal Cutting Machine Tools Market, By Application, 2022 (% Share)
- Figure 24 Global Cnc Metal Cutting Machine Tools Market, By Application, 2018–2032 (Usd Million)
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