North America Machine Tools Market Size & Outlook, 2026-2033
Global Market
Related Markets
North America machine tools market highlights
- The North America machine tools market generated a revenue of USD 18,525.7 million in 2025.
- The market is expected to grow at a CAGR of 4.09% 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, Mexico is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 18,525.7 million |
| Market revenue in 2033 | USD 25,403.1 million |
| Growth rate | 4.09% (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, North America region accounted for 15.8% 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.
Significant growth is seen in the information technology (IT), construction, and mining sectors in the region. The region encompasses three large and complicated economic systems: the United States, Mexico, and Canada. North America is the world's largest and most influential economy, and it is seeing significant expansion as a result of its countries.
Industrial dynamics and commodities availability. Furthermore, the pandemic in North America caused an economic depression, prompting governments to announce a variety of economic stimulus. This effort is projected to fuel growth in the construction.
automotive, and energy industries. The present Russia-Ukraine situation, on the other hand, may impede economic activity to some extent due to inflation and raw material price instability, which is anticipated to damage the region's machine tool market.
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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 |
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 92.25% in 2025.
Horizon Databook has segmented the North America machine tools market based on computer numerical control (cnc), conventional covering the revenue growth of each sub-segment from 2021 to 2033.
Significant growth is seen in the information technology (IT), construction, and mining sectors in the region. The region encompasses three large and complicated economic systems: the United States, Mexico, and Canada. North America is the world's largest and most influential economy, and it is seeing significant expansion as a result of its countries.
Industrial dynamics and commodities availability. Furthermore, the pandemic in North America caused an economic depression, prompting governments to announce a variety of economic stimulus. This effort is projected to fuel growth in the construction.
automotive, and energy industries. The present Russia-Ukraine situation, on the other hand, may impede economic activity to some extent due to inflation and raw material price instability, which is anticipated to damage the region's machine tool market.
- North America Machine Tools Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Computer Numerical Control (CNC)
- Conventional
- North America Machine Tools Market Type Outlook (Revenue, USD Million , 2021-2033)
- Metal Cutting
- Metal Forming
- 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 continent-level data and insights on the North America Machine Tools Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Machine Tools Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Machine Tools Market, 2021-2033 (US$M)
North America machine tools market statistics, by technology, 2021-2033 (US$M)
