Farmington, January 31, 2023 (GLOBE NEWSWIRE) — global Computer Numerical Control (CNC) Machine Market Its size is estimated at US$96.4 billion in 2022 and is expected to reach about US$153.8 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.33% from 2023 to 2030. .. By 2030, the demand for computer numerical control (CNC) equipment is projected to exceed 2.8 million units. Increasing demand for equipment used in manufacturing semiconductors, medical gadgets, electric vehicles (EVs), and telecommunications communication devices is expected to be the major growth driver of the market in the coming years. In addition, EV makers need more of his 5-axis machines and ultra-precision machines to keep up with demand, and the market is expected to grow.
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In 2021, the market for CNC machines recovered, with orders increasing across all industries, especially in Europe, Asia Pacific and North America. In 2021, the market expanded as orders were delayed due to the spread of infection. This will continue for the foreseeable future as we work to address the 2020 backlog. However, until 2023, global semiconductor shortages, rising steel prices, and rising transportation costs are expected to prevent OEMs from making as much profit from sales.
Computer Numerical Control (CNC) Machine Market Recent developments:
- In March 2021, FANUC America Corporation, a subsidiary of FANUC Corporation, added the Robotization Quick and Easy Startup (QSSR) G-Code feature to ss as part of an update to its CNC product line. With this link, the company’s improved his CNC machines make it easier for tool makers and machine operators to program robots.
- FANUC America, a renowned manufacturer of robots, CNCs and ROBOMACHINES, says older CNC machines with older operating systems will have upgrade options in 2020. A PC with a touch or non-touch LCD screen and Windows 10 IoT Enterprise.
Computer Numerical Control (CNC) Machine Market Segmentation analysis:
The CNC lathe market is valued at approximately USD 17 billion in 2021 and is expected to expand at a CAGR of approximately 10.4% during the forecast period. The automotive sector is expected to grow the market over the next five years as more and more of his CNC lathes are needed to manufacture unique components such as cylinder heads, gearboxes, starter motors and other prototypes. increase. Moreover, technological enhancements to existing CNC lathe systems, such as the incorporation of new features, are projected to contribute to the expansion of the market. In February 2021, Citizen Machinery Co., Ltd. introduced a sliding headstock CNC automatic lathe Cincom L32 XII and an automatic tool changer.
Vehicles, Aerospace & Military, Construction Equipment, Power & Energy, Industrial, and Other subcategories are further subdivided within the end use segment. By 2030, the industrial sector’s valuation is expected to exceed his $28 billion, accounting for more than a quarter of his market share. The industrial sector includes general manufacturing areas of packaging, electronics, pharmaceuticals, and other general sectors. The need for fully automated turnkey CNC machines to increase production output and eliminate backlogs is expected to drive growth throughout the forecast period. This will start happening in 2020.
Regional outlook:
Asia-Pacific will account for over 35% of the global market in 2021 and this trend is expected to continue throughout the forecast period. CNC machine sales are expected to reach 800,000 units in 2022, and by 2030, he is expected to quadruple. The increase in industrial equipment manufacturing outsourcing services, the availability of inexpensive raw materials, and the reduction in operating costs have increased the need for manufacturing outsourcing. We will strengthen sales of CNC machines in the next few years.
Over the next few years, Europe is expected to grow at a CAGR of 9%. This growth is driven by Germany, Italy, France, and countries in Central and Eastern Europe.
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Report scope:
| report attribute | detail |
| growth rate | 5.33% From 2023 to 2030 |
| Market size in 2022 | U.S. dollar 96.4 billion |
| Revenue projections to 2030 | US$153.8 billion |
| By type | Lathes, milling machines, laser processing machines, grinding machines, welding machines, winding machines, etc. |
| By end user | Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial, Others |
| by company | Yamazaki Mazak Co., Ltd. (Japan), Doosan Machine Tool Co., Ltd. (Korea), Trumpf (Germany), AMADA MACHINE TOOLS CO., LTD. (Japan), JTEKT Corporation (Japan), MAG IAS GmbH (Germany), Schuler AG (Germany) ), Makino (Japan), Hyundai WIA (Korea), Komatsu (Japan), Okuma (Japan), Fanuc (Japan), XYZ Machine Tool (UK), Mitsubishi Heavy Industries Machine Tool Co., Ltd. (Japan), General Technology Group Dalian Machine Tool Corporation (Liaoning), ANCA Group (Australia), etc. |
| base year | 2022 |
| history year | 2017-2021 |
| Forecast year | 2023-2030 |
Market drivers:
CNC systems are used by organizations that manufacture high-volume goods because they enable the production of highly precise parts and components. CAD and CAM are compatible with various CNC procedures used to manufacture standard parts on machine tools such as CAD. Additionally, the use of CNCs in manufacturing facilities has a direct impact on cost savings, greatly impacting both productivity and product quality. Therefore, his CNC capabilities as mentioned above will influence the expansion of business in the automotive, aerospace and military sectors, etc., resulting in excellent market opportunities for his CNC machines in the United States.
Market challenges:
The lack of skilled individuals to operate these automated systems is one of the most significant obstacles in the market. Through training sessions, you should quickly learn how to operate a CNC machine. In small factories, few people can operate CNC machines. The inability of a large portion of the workforce to operate his CNC machines is a significant problem in the market. Lack of training can seriously impair the marketability of CNC equipment.
Market Opportunity:
Popularity of Automated CNC Systems The growing demand for automated CNC systems compatible with industrial robots is having a significant impact on the market. These systems use simulation software to improve production, fill shortages in trained manpower, and increase productivity. The market for Computer Numerical Control (CNC) equipment is further strengthened by urbanization, lifestyle changes, rising spending, and rising consumer spending.
Key Segments of the Computer Numerical Control (CNC) Machines Market Covered:
Top Market Players:
Yamazaki Mazak Co., Ltd. (Japan), Doosan Machine Tool Co., Ltd. (Korea), Trumpf (Germany), AMADA MACHINE TOOLS CO., LTD. (Japan), JTEKT Corporation (Japan), MAG IAS GmbH (Germany), Schuler AG (Germany) ), Makino (Japan), Hyundai WIA (Korea), Komatsu (Japan), Okuma (Japan), Fanuc (Japan), XYZ Machine Tool (UK), Mitsubishi Heavy Industries Machine Tool Co., Ltd. (Japan), General Technology Group Dalian Machine Tool Corporation (Liaoning), ANCA Group (Australia), and others.
By type
- lathe
- milling machine
- laser processing machine
- Grinder
- welding machine
- winding machine
- others
By end use
- car
- aerospace and defense
- construction machinery
- power and energy
- industrial
- others
Regions and countries covered
- North America: (United States, Canada, Mexico, rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic countries, Benelux, rest of Europe)
- Asia Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
- Middle East and Africa: (Saudi Arabia, United Arab Emirates, Egypt, South Africa, rest of the Middle East and Africa)
- latin america: (Brazil, Argentina, Rest of Latin America)
- rest of the world
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