Abstract
Summary
The Computer Numerical Control (CNC) market is the process of mechanizing machine tools that are operated by precisely programmed commands encrypted on a storage medium as opposed to controlled manually by devices. CNC machining is utilized across various sectors, including industrial machinery, automobile, healthcare, and electronics.
LPI (LP Information)' newest research report, the “Computer Numerical Control Industry Forecast” looks at past sales and reviews total world Computer Numerical Control sales in 2022, providing a comprehensive analysis by region and market sector of projected Computer Numerical Control sales for 2023 through 2029. With Computer Numerical Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computer Numerical Control industry.
This Insight Report provides a comprehensive analysis of the global Computer Numerical Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computer Numerical Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computer Numerical Control market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computer Numerical Control and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computer Numerical Control.
The global Computer Numerical Control market size is projected to grow from US$ 12190 million in 2022 to US$ 15330 million in 2029; it is expected to grow at a CAGR of 3.3% from 2023 to 2029.
Increase in demand in mass production plants in various sectors, including defense & intelligence, electronics, automobile, and machinery supplements the market growth. However, high cost of maintenance and after sales services of CNC machines is expected to restrict the growth of the market. Moreover, increase in number of application areas and reduced cost of entire production process is expected to create numerous opportunities for the growth of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Computer Numerical Control market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Lathes
Mills
Grinders
Others
Segmentation by application
Aerospace and Defense
Automobile
Electronics
Healthcare
Industrial Machinery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MONDRAGON Corporation
GSK CNC Equipment
Soft Servo Systems
Heidenhain GmbH
Bosch Rexroth AG
Siemens AG
Sandvik AB
Haas Automation
Mitsubishi Electric Corporation
Fanuc Corporation
Protomatic
AMS Micromedical
Plastic Navigation Industrial
Okuma
Hurco
Star CNC
Xometry
Ace Micromatic
Star Prototype
Intelitek
T W Ward CNC Machinery
EMAG GmbH
LPI (LP Information)' newest research report, the “Computer Numerical Control Industry Forecast” looks at past sales and reviews total world Computer Numerical Control sales in 2022, providing a comprehensive analysis by region and market sector of projected Computer Numerical Control sales for 2023 through 2029. With Computer Numerical Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computer Numerical Control industry.
This Insight Report provides a comprehensive analysis of the global Computer Numerical Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computer Numerical Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computer Numerical Control market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computer Numerical Control and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computer Numerical Control.
The global Computer Numerical Control market size is projected to grow from US$ 12190 million in 2022 to US$ 15330 million in 2029; it is expected to grow at a CAGR of 3.3% from 2023 to 2029.
Increase in demand in mass production plants in various sectors, including defense & intelligence, electronics, automobile, and machinery supplements the market growth. However, high cost of maintenance and after sales services of CNC machines is expected to restrict the growth of the market. Moreover, increase in number of application areas and reduced cost of entire production process is expected to create numerous opportunities for the growth of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Computer Numerical Control market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Lathes
Mills
Grinders
Others
Segmentation by application
Aerospace and Defense
Automobile
Electronics
Healthcare
Industrial Machinery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MONDRAGON Corporation
GSK CNC Equipment
Soft Servo Systems
Heidenhain GmbH
Bosch Rexroth AG
Siemens AG
Sandvik AB
Haas Automation
Mitsubishi Electric Corporation
Fanuc Corporation
Protomatic
AMS Micromedical
Plastic Navigation Industrial
Okuma
Hurco
Star CNC
Xometry
Ace Micromatic
Star Prototype
Intelitek
T W Ward CNC Machinery
EMAG GmbH
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Computer Numerical Control Market Size 2018-2029
2.1.2 Computer Numerical Control Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Computer Numerical Control Segment by Type
2.2.1 Lathes
2.2.2 Mills
2.2.3 Grinders
2.2.4 Others
2.3 Computer Numerical Control Market Size by Type
2.3.1 Computer Numerical Control Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Computer Numerical Control Market Size Market Share by Type (2018-2023)
2.4 Computer Numerical Control Segment by Application
2.4.1 Aerospace and Defense
2.4.2 Automobile
2.4.3 Electronics
2.4.4 Healthcare
2.4.5 Industrial Machinery
2.4.6 Others
2.5 Computer Numerical Control Market Size by Application
2.5.1 Computer Numerical Control Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Computer Numerical Control Market Size Market Share by Application (2018-2023)
3 Computer Numerical Control Market Size by Player
3.1 Computer Numerical Control Market Size Market Share by Players
3.1.1 Global Computer Numerical Control Revenue by Players (2018-2023)
3.1.2 Global Computer Numerical Control Revenue Market Share by Players (2018-2023)
3.2 Global Computer Numerical Control Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Computer Numerical Control by Regions
4.1 Computer Numerical Control Market Size by Regions (2018-2023)
4.2 Americas Computer Numerical Control Market Size Growth (2018-2023)
4.3 APAC Computer Numerical Control Market Size Growth (2018-2023)
4.4 Europe Computer Numerical Control Market Size Growth (2018-2023)
4.5 Middle East & Africa Computer Numerical Control Market Size Growth (2018-2023)
5 Americas
5.1 Americas Computer Numerical Control Market Size by Country (2018-2023)
5.2 Americas Computer Numerical Control Market Size by Type (2018-2023)
5.3 Americas Computer Numerical Control Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Computer Numerical Control Market Size by Region (2018-2023)
6.2 APAC Computer Numerical Control Market Size by Type (2018-2023)
6.3 APAC Computer Numerical Control Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Computer Numerical Control by Country (2018-2023)
7.2 Europe Computer Numerical Control Market Size by Type (2018-2023)
7.3 Europe Computer Numerical Control Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Computer Numerical Control by Region (2018-2023)
8.2 Middle East & Africa Computer Numerical Control Market Size by Type (2018-2023)
8.3 Middle East & Africa Computer Numerical Control Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Computer Numerical Control Market Forecast
10.1 Global Computer Numerical Control Forecast by Regions (2024-2029)
10.1.1 Global Computer Numerical Control Forecast by Regions (2024-2029)
10.1.2 Americas Computer Numerical Control Forecast
10.1.3 APAC Computer Numerical Control Forecast
10.1.4 Europe Computer Numerical Control Forecast
10.1.5 Middle East & Africa Computer Numerical Control Forecast
10.2 Americas Computer Numerical Control Forecast by Country (2024-2029)
10.2.1 United States Computer Numerical Control Market Forecast
10.2.2 Canada Computer Numerical Control Market Forecast
10.2.3 Mexico Computer Numerical Control Market Forecast
10.2.4 Brazil Computer Numerical Control Market Forecast
10.3 APAC Computer Numerical Control Forecast by Region (2024-2029)
10.3.1 China Computer Numerical Control Market Forecast
10.3.2 Japan Computer Numerical Control Market Forecast
10.3.3 Korea Computer Numerical Control Market Forecast
10.3.4 Southeast Asia Computer Numerical Control Market Forecast
10.3.5 India Computer Numerical Control Market Forecast
10.3.6 Australia Computer Numerical Control Market Forecast
10.4 Europe Computer Numerical Control Forecast by Country (2024-2029)
10.4.1 Germany Computer Numerical Control Market Forecast
10.4.2 France Computer Numerical Control Market Forecast
10.4.3 UK Computer Numerical Control Market Forecast
10.4.4 Italy Computer Numerical Control Market Forecast
10.4.5 Russia Computer Numerical Control Market Forecast
10.5 Middle East & Africa Computer Numerical Control Forecast by Region (2024-2029)
10.5.1 Egypt Computer Numerical Control Market Forecast
10.5.2 South Africa Computer Numerical Control Market Forecast
10.5.3 Israel Computer Numerical Control Market Forecast
10.5.4 Turkey Computer Numerical Control Market Forecast
10.5.5 GCC Countries Computer Numerical Control Market Forecast
10.6 Global Computer Numerical Control Forecast by Type (2024-2029)
10.7 Global Computer Numerical Control Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 MONDRAGON Corporation
11.1.1 MONDRAGON Corporation Company Information
11.1.2 MONDRAGON Corporation Computer Numerical Control Product Offered
11.1.3 MONDRAGON Corporation Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 MONDRAGON Corporation Main Business Overview
11.1.5 MONDRAGON Corporation Latest Developments
11.2 GSK CNC Equipment
11.2.1 GSK CNC Equipment Company Information
11.2.2 GSK CNC Equipment Computer Numerical Control Product Offered
11.2.3 GSK CNC Equipment Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 GSK CNC Equipment Main Business Overview
11.2.5 GSK CNC Equipment Latest Developments
11.3 Soft Servo Systems
11.3.1 Soft Servo Systems Company Information
11.3.2 Soft Servo Systems Computer Numerical Control Product Offered
11.3.3 Soft Servo Systems Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Soft Servo Systems Main Business Overview
11.3.5 Soft Servo Systems Latest Developments
11.4 Heidenhain GmbH
11.4.1 Heidenhain GmbH Company Information
11.4.2 Heidenhain GmbH Computer Numerical Control Product Offered
11.4.3 Heidenhain GmbH Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Heidenhain GmbH Main Business Overview
11.4.5 Heidenhain GmbH Latest Developments
11.5 Bosch Rexroth AG
11.5.1 Bosch Rexroth AG Company Information
11.5.2 Bosch Rexroth AG Computer Numerical Control Product Offered
11.5.3 Bosch Rexroth AG Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Bosch Rexroth AG Main Business Overview
11.5.5 Bosch Rexroth AG Latest Developments
11.6 Siemens AG
11.6.1 Siemens AG Company Information
11.6.2 Siemens AG Computer Numerical Control Product Offered
11.6.3 Siemens AG Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Siemens AG Main Business Overview
11.6.5 Siemens AG Latest Developments
11.7 Sandvik AB
11.7.1 Sandvik AB Company Information
11.7.2 Sandvik AB Computer Numerical Control Product Offered
11.7.3 Sandvik AB Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Sandvik AB Main Business Overview
11.7.5 Sandvik AB Latest Developments
11.8 Haas Automation
11.8.1 Haas Automation Company Information
11.8.2 Haas Automation Computer Numerical Control Product Offered
11.8.3 Haas Automation Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Haas Automation Main Business Overview
11.8.5 Haas Automation Latest Developments
11.9 Mitsubishi Electric Corporation
11.9.1 Mitsubishi Electric Corporation Company Information
11.9.2 Mitsubishi Electric Corporation Computer Numerical Control Product Offered
11.9.3 Mitsubishi Electric Corporation Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Mitsubishi Electric Corporation Main Business Overview
11.9.5 Mitsubishi Electric Corporation Latest Developments
11.10 Fanuc Corporation
11.10.1 Fanuc Corporation Company Information
11.10.2 Fanuc Corporation Computer Numerical Control Product Offered
11.10.3 Fanuc Corporation Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 Fanuc Corporation Main Business Overview
11.10.5 Fanuc Corporation Latest Developments
11.11 Protomatic
11.11.1 Protomatic Company Information
11.11.2 Protomatic Computer Numerical Control Product Offered
11.11.3 Protomatic Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 Protomatic Main Business Overview
11.11.5 Protomatic Latest Developments
11.12 AMS Micromedical
11.12.1 AMS Micromedical Company Information
11.12.2 AMS Micromedical Computer Numerical Control Product Offered
11.12.3 AMS Micromedical Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 AMS Micromedical Main Business Overview
11.12.5 AMS Micromedical Latest Developments
11.13 Plastic Navigation Industrial
11.13.1 Plastic Navigation Industrial Company Information
11.13.2 Plastic Navigation Industrial Computer Numerical Control Product Offered
11.13.3 Plastic Navigation Industrial Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 Plastic Navigation Industrial Main Business Overview
11.13.5 Plastic Navigation Industrial Latest Developments
11.14 Okuma
11.14.1 Okuma Company Information
11.14.2 Okuma Computer Numerical Control Product Offered
11.14.3 Okuma Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.14.4 Okuma Main Business Overview
11.14.5 Okuma Latest Developments
11.15 Hurco
11.15.1 Hurco Company Information
11.15.2 Hurco Computer Numerical Control Product Offered
11.15.3 Hurco Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.15.4 Hurco Main Business Overview
11.15.5 Hurco Latest Developments
11.16 Star CNC
11.16.1 Star CNC Company Information
11.16.2 Star CNC Computer Numerical Control Product Offered
11.16.3 Star CNC Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.16.4 Star CNC Main Business Overview
11.16.5 Star CNC Latest Developments
11.17 Xometry
11.17.1 Xometry Company Information
11.17.2 Xometry Computer Numerical Control Product Offered
11.17.3 Xometry Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.17.4 Xometry Main Business Overview
11.17.5 Xometry Latest Developments
11.18 Ace Micromatic
11.18.1 Ace Micromatic Company Information
11.18.2 Ace Micromatic Computer Numerical Control Product Offered
11.18.3 Ace Micromatic Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.18.4 Ace Micromatic Main Business Overview
11.18.5 Ace Micromatic Latest Developments
11.19 Star Prototype
11.19.1 Star Prototype Company Information
11.19.2 Star Prototype Computer Numerical Control Product Offered
11.19.3 Star Prototype Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.19.4 Star Prototype Main Business Overview
11.19.5 Star Prototype Latest Developments
11.20 Intelitek
11.20.1 Intelitek Company Information
11.20.2 Intelitek Computer Numerical Control Product Offered
11.20.3 Intelitek Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.20.4 Intelitek Main Business Overview
11.20.5 Intelitek Latest Developments
11.21 T W Ward CNC Machinery
11.21.1 T W Ward CNC Machinery Company Information
11.21.2 T W Ward CNC Machinery Computer Numerical Control Product Offered
11.21.3 T W Ward CNC Machinery Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.21.4 T W Ward CNC Machinery Main Business Overview
11.21.5 T W Ward CNC Machinery Latest Developments
11.22 EMAG GmbH
11.22.1 EMAG GmbH Company Information
11.22.2 EMAG GmbH Computer Numerical Control Product Offered
11.22.3 EMAG GmbH Computer Numerical Control Revenue, Gross Margin and Market Share (2018-2023)
11.22.4 EMAG GmbH Main Business Overview
11.22.5 EMAG GmbH Latest Developments
12 Research Findings and Conclusion