Computer Numerical Control (CNC) Machine Market Size & Share Report By Type (Lathe, Milling, Laser, Grinding, Welding, Winding), By End Use (Industrial, Power & Energy, Automotive, Aerospace & Defense), And Segment Forecasts, 2018 - 2025Report

Computer Numerical Control (CNC) Machine Market Size & Share Report By Type (Lathe, Milling, Laser, Grinding, Welding, Winding), By End Use (Industrial, Power & Energy, Automotive, Aerospace & Defense), And Segment Forecasts, 2018 - 2025

  • Published Date: Jan, 2018
  • Base Year for Estimate: 2016
  • Report ID: GVR-2-68038-077-4
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 145

Industry Insights

The Computer Numerical Control (CNC) machine market size was valued at USD 56.04 billion in 2016 and is anticipated to witness lucrative growth over the forecast period. Increasing advancements in production technology have led to a reduction in time required for manufacturing components along with improved ability to produce components with better surface finish. This is anticipated to drive the demand for CNC machines across the globe.

Evolution of Internet of Things (IoT) and machine learning technology has led to development of applications that notify the status of a machine to operators/supervisors on their PCs or smartphones. Various government initiatives, for instance, ‘Make in India’ by the Indian government and ‘Made in China 2025’ by the Chinese government, support the establishment of manufacturing units in their respective nations.

U.S. CNC machines market

Manufacturers are introducing new variants that perform multiple operations such as drilling, cutting, turning, facing, and grinding. These features are increasing flexibility for attendants and reducing the need for manpower at shop floor. The new machine models are compact and require lesser floor space as compared to conventional machinery. However, reducing the costs associated with maintenance of these machines is a key challenge for manufacturers.

CNC machines are used in automotive, aerospace and defense, power and energy, construction equipment, industrial, and several other sectors. Increasing efforts to cut down on expenses incurred in employing operators for individual machinery are expected to augment the CNC machines market over the forecast period.

Type Insights

CNC lathe machines held the largest share in 2016, owing to increasing availability of multi-axis machine variants. Recent variants such as 5-axis and 6-axis lathes can perform operations from both ends and can be used for producing fine cuts and providing a better finish. Benefits such as ease of operation and their myriad applications are escalating their adoption across the globe. The segment was valued at USD 15.39 billion in 2016.

The milling machines segment is estimated to grow rapidly over the forecast period owing to reduced operational costs. Demand for CNC laser machines is projected to gain traction over the forecast period, thanks to improved speed of machining and reduced requirement of workforce.

End-use Insights

Increasing demand from the automotive, industrial, and power and energy sectors is poised to drive the Computer Numerical Controlmarket. Surging demand from automobile manufacturers for mass production of work pieces at minimal time and expenses is poised to accelerate the demand for these products over the forecast period.

Europe CNC machines market

Various complex machinery used in the power and energy and aerospace and defense sectors include components that require higher levels of precision and good quality of surface finish. Several companies are increasingly adopting CNC technology for obtaining desired results, achieving higher levels of accuracy, and reducing operational costs and wastage of material.

Regional Insights

The Asia Pacific region dominated the Computer Numerical Control market in 2016, owing to increased adoption of CNC machines in countries such as India, China, and Japan. The regional market was valued at USD 19.20 billion in the same year. Major CNC machine manufacturers such as Okuma Corporation, Yamazaki Mazak Corporation, and DMG Mori Co., Ltd. are headquartered in these countries. These factors play a vital role in making Asia Pacific the fastest growing region during the forecast period.

The growth in APAC Computer Numerical Control market can also be attributed to increasing government initiatives for supporting the growth of the machine tools industry. Presence of a well-established automotive industry in the European region is expected to provide a significant push to the market in the region.

CNC Machine Market Share Insights

The CNC machine tools market is fragmented and numerous players hold a significant position in the global arena. Key industry players include Amada Co., Ltd.; Fanuc Corporation; DMG Mori; DMTG Corporation; Haas Automation, Inc.; SMTCL; Hurco Companies, Inc.; and Yamazaki Mazak Corporation.

Several industry players are adopting different strategies such as mergers and acquisitions, partnerships, and collaborations for technologies and new product development. For instance, in 2016, Fanuc Corporation collaborated with Cisco (a player in the digitization market), Rockwell Automation (a player in the industrial automation market), and Preferred Networks (a player in the artificial intelligence solutions market) for the development and deployment of the FIELD system.

The FIELD system connected CNCs, robots, and peripheral devices and sensors to provide analytics for optimization of manufacturing processes. Such initiatives are anticipated to drive the industry growth over the coming years.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Revenue in USD Billion and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, Germany, Italy, India, Japan, China, and Mexico

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific market information that is not currently within the scope of the report, we will provide it to you as a part of the customization

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global CNC machine market report based on type, end use, and region:

  • Type Outlook (Revenue, USD Billion, 2014 - 2025)

    • Lathe Machines

    • Milling Machines

    • Laser Machines

    • Grinding Machines

    • Welding Machines

    • Winding Machines

    • Others

  • End-use Outlook (Revenue, USD Billion, 2014 - 2025)

    • Automotive

    • Aerospace & Defense

    • Construction Equipment

    • Power & Energy

    • Industrial

    • Others

  • Regional Outlook (Revenue, USD Billion, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • Italy

    • Asia Pacific

      • China

      • Japan

      • India

    • Latin America

      • Mexico

    • MEA

Key questions answered by the report
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