The CNC Machine Tools market covers CNC Lathe, CNC Milling Machine, CNC Grinding machine, Others, etc. The typical players include Yamazaki Mazak, DMG Mori Seiki, Okuma Corporation, Makino, DMTG, TRUMPF, JTEKT Corporation, Haas Automation, etc.
CNC is the short form for Computer Numerical control. We have seen that the NC machine works as per the program of instructions fed into the controller unit of the machine. The CNC machine comprises of the mini computer or the microcomputer that acts as the controller unit of the machine. While in the NC machine the program is fed into the punch cards, in CNC machines the program of instructions is fed directly into the computer via a small board similar to the traditional keyboard.
Market Analysis and Insights: Global and United States CNC Machine Tools Market
This report focuses on global and United States CNC Machine Tools market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global CNC Machine Tools market size is estimated to be worth US$ 22580 million in 2022 and is forecast to a readjusted size of US$ 32800 million by 2028 with a CAGR of 6.4% during the review period. Fully considering the economic change by this health crisis, by Type, CNC Lathe accounting for % of the CNC Machine Tools global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Automobile was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The major players in global CNC machine tools market include Yamazaki Mazak, DMG Mori Seiki, Okuma Corporation, DMTG, TRUMPF, etc. The top 5 players occupy about 30% shares of the global market. APAC and Europe are main markets, they occupy about 70% of the global market. CNC Lathe is the main type, with a share about 65%. Automobile is the main application, which holds a share over 35%.
Global CNC Machine Tools Scope and Market Size
CNC Machine Tools market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global CNC Machine Tools market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the CNC Machine Tools market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
CNC Lathe
CNC Milling Machine
CNC Grinding Machine
Others
Segment by Application
Automobile
Machinery Manufacturing
Aerospace & Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Yamazaki Mazak
DMG Mori Seiki
TRUMPF
Okuma Corporation
JTEKT Corporation
Makino
GROB-WERKE
Doosan Machine Tools
Haas Automation
GF Machining Solutions
EMAG
Hyundai WIA
Chiron Group
Hermle
Fair Friend Group
Starrag Group
INDEX-Werke
Nidec Machine Tool Corporation
Hardinge Group
Hurco
Haitian Precision
TORNOS
Qinchuan
Rifa Precision