Middle East & Africa Computer Numerical Control Machines Market Size & Outlook
Middle East Africa Computer Numerical Control Machines Market, 2017-2030 (US$M)
Global Market
Related Markets
MEA computer numerical control machines market highlights
- The MEA computer numerical control machines market generated a revenue of USD 5,663.2 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, lathe machines was the largest revenue generating type in 2023.
- Milling Machines is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 5,663.2 million |
| Market revenue in 2030 | USD 9,225.3 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Lathe machines |
| Fastest growing segment | Milling Machines |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines |
| Key market players worldwide | AMADA Co Ltd, Amera-Seiki, Dmg Mori Co Ltd, General Technology Group Dalian Machine Tool Co., Datron AG, Fanuc Corp, Haas Automation, Hurco Companies Inc, Mitsubishi Electric Corp, Okuma Corp, Yamazaki Mazak |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.5% of the global computer numerical control machines market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 60,794.0 million by 2030.
The MEA region has a lot of untapped potential for manufacturing sector, owing to which it is expected to witness lucrative growth over the next eight years.
The growing adoption of internet and automation in the region is anticipated to boost the development of new technologies that enable integration of artificial intelligence and machine learning to produce fruitful results.
The South African region is relatively less developed in manufacturing sector, and usually imports machines from U.S. and China. The Machine Tool Merchants Association of South Africa caters to all the manufacturing needs of the region.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Computer Numerical Control Machines Market Scope
Computer Numerical Control Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mitsubishi Electric Corp | View profile | 149,134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | www.mitsubishielectric.com |
| Fanuc Corp | View profile | 11,532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | www.fanuc.co.jp |
| Dmg Mori Co Ltd | View profile | 13,484 | 2-35-16 Meieki, Nakamura-ku, Aichi, Nagoya City, Japan, 450-0002 | www.dmgmori.co.jp |
| AMADA Co Ltd | View profile | 8,958 | 200, Ishida, Kanagawa Prefecture, Isehara, Japan, 259-1196 | www.amada.co.jp |
| Okuma Corp | View profile | 4,289 | 5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, Japan, 480-0193 | www.okuma.co.jp |
| Hurco Companies Inc | View profile | 716 | One Technology Way, Indianapolis, IN, United States, 46268 | www.hurco.com |
| Datron AG | View profile | 251-500 | Milford, New Hampshire, United States, North America | www.datron.de/ |
| General Technology Group Dalian Machine Tool Co. | View profile | 5001-10000 | Dalian, Zhejiang, China, Asia | www.dmtg.com/ |
| Amera-Seiki | View profile | 1-10 | Texas, South Carolina, United States, North America | www.ameraseikicnc.com |
| Haas Automation | View profile | 1001-5000 | Oxnard, California, United States, North America | haascnc.com |
Middle East & Africa Computer Numerical Control Machines Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Computer Numerical Control Machines Market Outlook will help companies and investors design strategic landscapes.
Lathe Machines was the largest segment with a revenue share of 29.51% in 2023.
Horizon Databook has segmented the Middle East & Africa computer numerical control machines market based on lathe machines, milling machines, laser machines, grinding machines, welding machines, winding machines covering the revenue growth of each sub-segment from 2017 to 2030.
The MEA region has a lot of untapped potential for manufacturing sector, owing to which it is expected to witness lucrative growth over the next eight years.
The growing adoption of internet and automation in the region is anticipated to boost the development of new technologies that enable integration of artificial intelligence and machine learning to produce fruitful results.
The South African region is relatively less developed in manufacturing sector, and usually imports machines from U.S. and China. The Machine Tool Merchants Association of South Africa caters to all the manufacturing needs of the region.
- Middle East & Africa Computer Numerical Control Machines Market Type Outlook (Revenue, USD Million , 2017-2030)
- Lathe Machines
- Milling Machines
- Laser Machines
- Grinding Machines
- Welding Machines
- Winding Machines
- Others
- Middle East & Africa Computer Numerical Control Machines Market End-use Outlook (Revenue, USD Million , 2017-2030)
- Automotive
- Aerospace & Defense
- Construction Equipment
- Power & Energy
- Industrial
- Others
Reasons to subscribe to Computer Numerical Control Machines Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Computer Numerical Control Machines Market Outlook databook
- Our clientele includes a mix of Computer Numerical Control Machines Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Computer Numerical Control Machines Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Computer Numerical Control Machines Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
MEA computer numerical control machines market statistics, by type, 2017-2030 (US$M)
