Spain Machine Tools Market Size & Outlook, 2026-2033
Global Market
Related Markets
Spain machine tools market highlights
- The Spain machine tools market generated a revenue of USD 829.7 million in 2025 and is expected to reach USD 1,233.0 million by 2033.
- The Spain market is expected to grow at a CAGR of 5.11% 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 829.7 million |
| Market revenue in 2033 | USD 1,233.0 million |
| Growth rate | 5.11% (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, Spain accounted for 0.7% 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 Europe, Italy machine tools market is projected to lead the regional market in terms of revenue in 2033.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 11,260.5 million by 2033.
To finance high levels of stocks and big investments in fixed assets, Spanish automotive manufacturers are heavily relying on bank funding or other external financing sources. While production shortfalls have lately deteriorated, a robust comeback in 2022 is projected with output climbing by 18%.
The imminent payment of the Next Generation EU fund is anticipated to boost the growth of automotive industry by assisting suppliers in their transition to e-mobility. The high demand for machine tools has stemmed from the country’s continual expansion in automobile industry.
The same trend is likely to continue in the country over the forecast period, thereby fueling the growth of the machine tools market in Spain. For instance, Zayer, a Spanish-based manufacturer of machine tools known for its travelling-column milling machines.
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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 |
Spain 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 89.32% in 2025.
Horizon Databook has segmented the Spain machine tools market based on computer numerical control (cnc), conventional covering the revenue growth of each sub-segment from 2021 to 2033.
To finance high levels of stocks and big investments in fixed assets, Spanish automotive manufacturers are heavily relying on bank funding or other external financing sources. While production shortfalls have lately deteriorated, a robust comeback in 2022 is projected with output climbing by 18%.
The imminent payment of the Next Generation EU fund is anticipated to boost the growth of automotive industry by assisting suppliers in their transition to e-mobility. The high demand for machine tools has stemmed from the country’s continual expansion in automobile industry.
The same trend is likely to continue in the country over the forecast period, thereby fueling the growth of the machine tools market in Spain. For instance, Zayer, a Spanish-based manufacturer of machine tools known for its travelling-column milling machines.
- Spain Machine Tools Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Computer Numerical Control (CNC)
- Conventional
- Spain Machine Tools Market Type Outlook (Revenue, USD Million , 2021-2033)
- Metal Cutting
- Metal Forming
- Spain 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 Spain Machine Tools Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Spain Machine Tools Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Spain Machine Tools Market, 2021-2033 (US$M)
Spain machine tools market statistics, by technology, 2021-2033 (US$M)
