Computer Numerical Control Machine Market Size Worth USD 190.24 Billion by 2034 | CAGR: 10.1%

The global computer numerical control machine market size is expected to reach USD 190.24 billion by 2034, according to a new study by Polaris Market Research. The report “Computer Numerical Control Machine Market Size, Share, Trends, Industry Analysis Report: By Type, Industry Vertical (Automotive, Aerospace & Defense, Construction, Power & Energy, Healthcare, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Computer numerical control (CNC) machines, known for their precision, automation, and efficiency, have become integral to modern manufacturing processes. These machines use pre-programmed computer software to control the movement of tools and machinery, enabling manufacturers to produce intricate and complex parts with minimal human intervention. The market has experienced considerable growth in recent years, driven by increasing demand across industries such as automotive, aerospace, healthcare, and electronics.

The growing adoption of automation in manufacturing is propelling the global computer numerical control machine market growth. CNC machines are used for automation in manufacturing plants to reduce production time, minimize human error, and enhance productivity. This makes CNC machines an attractive choice for companies focusing on staying competitive in a dynamic global market.

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The automotive industry is a major contributor to the demand for CNC machines. Manufacturers rely on CNC technology to produce precise components such as engine parts, transmission systems, and body panels as vehicle designs become increasingly complex. Similarly, the aerospace sector benefits from CNC machines for the production of high-precision parts such as turbine blades and structural components. In the healthcare industry, CNC machines are used to create medical implants, surgical instruments, and other intricate devices, meeting the stringent quality and safety standards required in the field.

Computer Numerical Control Machine Market Report Highlights

• In terms of type, the lathe machines segment accounted for a major computer numerical control machine market share in 2024 due to their widespread application across industries such as automotive, aerospace, and general manufacturing.
• Based on industry vertical, the automotive segment dominated the market share in 2024 due to the need for precision manufacturing and producing high-quality components at scale.
• In the global market, Europe held the largest revenue share in 2024 due to its advanced manufacturing hub and strong presence of industries such as automotive, aerospace, and precision engineering.
• The Asia Pacific computer numerical control machine market is expected to witness a significant CAGR during the forecast period due to rapid industrialization and increasing investments in manufacturing infrastructure.
• A few of the global key market players are DATRON AG; FANUC CORPORATION; Haas Automation, Inc; Hurco Companies, Inc.; Mitsubishi Electric Corporation; OKUMA Corporation; SOFT SERVO SYSTEMS; FAGOR AUTOMATION; Shenyang Machine Tool Part Co., Ltd.; YAMAZAKI MAZAK CORPORATION; AMADA MACHINERY CO., LTD; Amera Seiki; DMG MORI CO., LTD.; Dalian Machine Tool Corporation; BOSCH REXROTH AG; SANDVIK AB; and GSK CNC EQUIPMENT CO. LTD.

Polaris Market Research has segmented the computer numerical control machine market report based on type, industry vertical, and region:

By Type Outlook (Volume, Thousand Units, Revenue, USD Billion, 2020–2034)

• Lathe Machines
• Milling Machines
• Laser Machines
• Grinding Machines
• Welding Machines
• Winding Machines
• Others

By Industry Vertical Outlook (Volume, Thousand Units, Revenue, USD Billion, 2020–2034)

• Automotive
• Aerospace & Defense
• Construction Equipment
• Power & Energy
• Healthcare
• Others

By Regional Outlook (Volume, Thousand Units, Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Computer Numerical Control Machine Market Report Scope