Europe Machine Tools Market Size & Outlook, 2026-2033
Global Market
Related Markets
Europe machine tools market highlights
- The Europe machine tools market generated a revenue of USD 30,510.7 million in 2025.
- The market is expected to grow at a CAGR of 4.84% from 2026 to 2033.
- In terms of segment, computer numerical control (cnc) was the largest revenue generating technology in 2025.
- Computer Numerical Control (CNC) is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
| Market revenue in 2025 | USD 30,510.7 million |
| Market revenue in 2033 | USD 44,455.9 million |
| Growth rate | 4.84% (CAGR from 2026 to 2033) |
| Largest segment | Computer numerical control (cnc) |
| Fastest growing segment | Computer Numerical Control (CNC) |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.0% of the global machine tools market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 110,273.2 million by 2033.
In the first half of 2022, the war in Ukraine and the lockdown in China are projected to considerably impact growth. As the reality of a prolonged Russian invasion of Ukraine settles in, the appraisal of its economic repercussions on the world economy becomes more pessimistic.
The Russia-Ukraine war has directly and indirectly impacted the EU economy, putting it on a path of slower development and greater inflation. Supportive policies, strong growth in wages, and continuous employment creation are some of the factors contributing to the region’s economic growth.
In addition, public investment, notably in digital and transport infrastructure, is further anticipated to positively impact economic growth. Private investments, especially in the construction sector, are expected to drive the region’s economic growth.
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Publish Date: Jul 01, 2026
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Machine Tools Market Scope
Machine Tools Market Companies
| 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 |
Europe Machine Tools 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 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 90.42% in 2025.
Horizon Databook has segmented the Europe machine tools market based on computer numerical control (cnc), conventional covering the revenue growth of each sub-segment from 2021 to 2033.
In the first half of 2022, the war in Ukraine and the lockdown in China are projected to considerably impact growth. As the reality of a prolonged Russian invasion of Ukraine settles in, the appraisal of its economic repercussions on the world economy becomes more pessimistic.
The Russia-Ukraine war has directly and indirectly impacted the EU economy, putting it on a path of slower development and greater inflation. Supportive policies, strong growth in wages, and continuous employment creation are some of the factors contributing to the region’s economic growth.
In addition, public investment, notably in digital and transport infrastructure, is further anticipated to positively impact economic growth. Private investments, especially in the construction sector, are expected to drive the region’s economic growth.
- Europe Machine Tools Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Computer Numerical Control (CNC)
- Conventional
- Europe Machine Tools Market Type Outlook (Revenue, USD Million , 2021-2033)
- Metal Cutting
- Metal Forming
- Europe Machine Tools Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Metal Working
- Aerospace
- Automotive
- Others
- Mechanical Engineering
- Electrical industry
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Machine Tools Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Machine Tools Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Europe Machine Tools Market, 2021-2033 (US$M)
Europe machine tools market statistics, by technology, 2021-2033 (US$M)
