| Market revenue in 2025 | USD 41,096.9 million |
| Market revenue in 2033 | USD 70,184.3 million |
| Growth rate | 6.94% (CAGR from 2026 to 2033) |
| Largest segment | Computer numerical control (cnc) |
| Fastest growing segment | Computer Numerical Control (CNC) |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computer Numerical Control (CNC), Conventional |
| Key market players worldwide | AMADA Co Ltd, Dmg Mori Co Ltd, Georg Fischer AG, Hyundai Motor Co, Komatsu Ltd, JTEKT Corp, Okuma Corp, Hurco Companies Inc, Datron AG, DN Solutions, Makino Milling Machine Co Ltd, General Technology Group Dalian Machine Tool Co., Amera-Seiki, Haas Automation |
China has been a prominent contributor to the growth of the machine tools market in the Asia Pacific region. The increasing demand for machine tools across various industries, such as aerospace, automotive, building & construction, among others, is positively influencing the growth of the market.
According to the China Association of Automobile Manufacturers (CAAM), in June 2021, China’s vehicle production and sales increased by 28.2 % and 23.8%, respectively compared to 2020. The government as well as a number of major automobile companies are increasingly investing in the country owing to the growing demand for vehicles.
For instance, in 2021, Volkswagen increased its production and also established a new automobile production facility in China. These factors are expected to lead to growth in the production output of the automobile industry, which, in turn, is expected to drive the demand for machine tools in the automobile sector.
Publish Date: Jul 01, 2026
Last Updated: Aug 26, 2026
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| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Komatsu Ltd | View profile | 70,608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | www.komatsu.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 |
| Georg Fischer AG | View profile | 19,824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | www.georgfischer.com |
| Hyundai Motor Co | View profile | 73,502 | 12, Heolleung-ro, Seocho-Gu, Seoul, Korea, Republic of | www.hyundai.com |
| JTEKT Corp | View profile | 51,087 | No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, Japan, 450-8515 | www.jtekt.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/ |
| DN Solutions | View profile | - | - | www.dn-solutions.com |
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 Machine Tools Market Outlook will help companies and investors design strategic landscapes.
Computer Numerical Control (Cnc) was the largest segment with a revenue share of 89.17% in 2025.
Horizon Databook has segmented the China machine tools market based on computer numerical control (cnc), conventional covering the revenue growth of each sub-segment from 2021 to 2033.
China has been a prominent contributor to the growth of the machine tools market in the Asia Pacific region. The increasing demand for machine tools across various industries, such as aerospace, automotive, building & construction, among others, is positively influencing the growth of the market.
According to the China Association of Automobile Manufacturers (CAAM), in June 2021, China’s vehicle production and sales increased by 28.2 % and 23.8%, respectively compared to 2020. The government as well as a number of major automobile companies are increasingly investing in the country owing to the growing demand for vehicles.
For instance, in 2021, Volkswagen increased its production and also established a new automobile production facility in China. These factors are expected to lead to growth in the production output of the automobile industry, which, in turn, is expected to drive the demand for machine tools in the automobile sector.
Horizon Databook provides a detailed overview of country-level data and insights on the China Machine Tools Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Machine Tools Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
