Mexico - North America Machine Tools Market Size & Outlook
Global Market
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Mexico machine tools market highlights
- The Mexico machine tools market generated a revenue of USD 2,772.2 million in 2025 and is expected to reach USD 4,158.2 million by 2033.
- The Mexico market is expected to grow at a CAGR of 5.22% 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.
Machine tools market data book summary
| Market revenue in 2025 | USD 2,772.2 million |
| Market revenue in 2033 | USD 4,158.2 million |
| Growth rate | 5.22% (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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.4% of the global machine tools market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. machine tools market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 4,158.2 million by 2033.
Mexico has emerged as one of the largest automobile manufacturing hubs in North America as automakers from the U.S. have established their production facilities in the country owing to low tariffs and vehicle production costs in Mexico.
Strong domestic demand and economic expansions are projected to contribute to the surged production of vehicles in the coming years. This, in turn, is anticipated to fuel the demand for machine tools in Mexico in the coming years.
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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 |
Mexico - North America 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 90.77% in 2025.
Horizon Databook has segmented the Mexico - North America machine tools market based on computer numerical control (cnc), conventional covering the revenue growth of each sub-segment from 2021 to 2033.
Mexico has emerged as one of the largest automobile manufacturing hubs in North America as automakers from the U.S. have established their production facilities in the country owing to low tariffs and vehicle production costs in Mexico.
Strong domestic demand and economic expansions are projected to contribute to the surged production of vehicles in the coming years. This, in turn, is anticipated to fuel the demand for machine tools in Mexico in the coming years.
- Mexico - North America Machine Tools Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Computer Numerical Control (CNC)
- Conventional
- Mexico - North America Machine Tools Market Type Outlook (Revenue, USD Million , 2021-2033)
- Metal Cutting
- Metal Forming
- Mexico - North America 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 country-level data and insights on the Mexico - North America Machine Tools Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Machine Tools Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Machine Tools Market, 2021-2033 (US$M)
Mexico machine tools market statistics, by technology, 2021-2033 (US$M)
