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Report Overview
The global computer numerical control machines market, valued at USD 90.91 Billion in 2024, has experienced significant growth, offering high precision and repeatability that minimise human error. The market is projected to expand at a compound annual growth rate (CAGR) of 7.20% from 2025 to 2034, potentially reaching USD 182.20 Billion by 2034, driven by the ability to easily adapt designs and product specifications, thereby enhancing customisation opportunities.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
- The computer numerical control machines market benefits greatly from the rapid growth of the electric vehicle (EV) sector. With the EV market expected to grow at a CAGR of 49% from 2022 to 2030 (Invest India), CNC machines play a pivotal role in manufacturing precise components, such as battery casings and motor parts, vital for the sector's expansion.
- The CNC machines market also gains from substantial defence investments, including the USD 1.99 trillion allocated to the United States Department of Defense (DOD) in FY 2024. CNC technology is essential in producing precision parts for military equipment, such as aircraft and missiles, ensuring high accuracy and meeting demanding military specifications.
- In Australia, hospital care spending reached USD 96.0 billion in 2021-22 (AIHW, 2023), and CNC machines are integral to producing precise medical devices and surgical tools. Their ability to manufacture complex components enhances healthcare product quality, reduces production times, and supports the delivery of critical medical solutions.
Compound Annual Growth Rate
Value in USD Billion
7.2%
2025-2034
Computer Numerical Control Machines Market Outlook
*this image is indicative*
| Global Computer Numerical Control Machines Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 90.91 |
| Market Size 2034 | USD Billion | 182.20 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 7.2% |
| CAGR 2025-2034 - Market by Region | Asia Pacific | 7.7% |
| CAGR 2025-2034 - Market by Country | India | 7.8% |
| CAGR 2025-2034 - Market by Country | UK | 7.5% |
| CAGR 2025-2034 - Market by Machine Type | Laser Machines | 8.5% |
| CAGR 2025-2034 - Market by End Use | Aerospace and Defence | 8.0% |
| Market Share by Country 2024 | UK | 3.3% |
Global Computer Numerical Control Machines Market Growth
The computer numerical control machines market sees growth opportunities as CNC machines offer high precision, reducing human error while ensuring repeatability and consistency. They automate manufacturing processes, lowering labour costs, and enabling efficient creation of complex designs. Faster than traditional methods, CNC machines boost production speed and enhance product quality. In August 2024, MakerVerse launched an advanced AI-driven auto-quoting feature for CNC machining, providing precise and customisable quotes from 2D drawings. This system supports over 150 materials and 35 surface finishes, offering fast and accurate pricing.
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The computer numerical control machines market revenue is impacted by the fact that, although initially expensive, CNC machines deliver long-term savings by reducing labour costs and material wastage. These machines offer flexibility by easily switching between tasks and enhance workplace safety by minimising human involvement. They optimise material usage, cut down on waste, and improve overall efficiency, creating a more productive work environment.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Key Trends and Recent Developments
The growth of the computer numerical control machines market is driven by the integration of Industry 4.0, rising demand for multi-axis CNC machines, the incorporation of automation and robotics, and advancements in CNC software technology.
Industry 4.0 Integration is Impacting the Computer Numerical Control Machines Market Revenue
The integration of CNC machines with Industry 4.0 technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and big data analytics, has significantly enhanced automation and efficiency in manufacturing. These innovations facilitate real-time monitoring, predictive maintenance, and optimised production processes, which contribute to smarter manufacturing and lower operational costs. In January 2024, Macpower CNC Machines Limited, a Rajkot-based company, entered a Rs 100 crore memorandum of understanding (MoU) with the Gujarat government to produce CNC machines for defence equipment. This strategic move, announced during the Vibrant Gujarat Global Investors’ Summit (VGGIS) 2024, demonstrates the market’s ongoing transformation.
Growing Demand for Multi-Axis CNC Machines Boosts Computer Numerical Control Machines Market Opportunities
The rising demand for multi-axis CNC machines, particularly 5-axis systems, is reshaping the market due to their ability to produce complex geometries with high precision. These machines are being increasingly adopted in industries such as aerospace, automotive, and medical device manufacturing, where advanced machining capabilities are essential for improving product quality and reducing production time. COMAU’s SmartReach combines automation with five-axis CNC machining to process oversized lightweight components, like automotive underbodies or battery trays, with exceptional accuracy. This system ensures efficient one-set-up machining, reducing part deformation and eliminating the need for frequent angular head adjustments.
Automation and Robotics Integration Influences Trends in the Computer Numerical Control Machines Market
The rise of robotic automation in CNC machining is transforming the manufacturing landscape by enabling the automation of repetitive tasks, reducing human errors, and boosting overall production efficiency. Robots integrated with CNC machines offer improved precision, faster operation, and the ability to perform multiple tasks simultaneously. This is essential for modern manufacturing processes where speed and accuracy are critical. In October 2024, Hurco, in collaboration with Kawasaki Robotics, launched a robotic machine-tending shelf system designed for high-mix, low-volume applications. This flexible and scalable plug-and-play system requires no programming knowledge, addressing labour shortages in CNC machine shops.
CNC Software Advancements Drive Computer Numerical Control Machines Market Development
Advancements in CNC software, particularly in CAD/CAM systems, are significantly driving the development of the CNC machines market. These software innovations simplify programming, streamline design-to-production workflows, and enhance machine efficiency. As a result, manufacturers can now adapt more easily to changing production requirements, reducing the need for manual programming. In December 2023, CGTech launched Vericut software version 9.4.1, which simulates CNC machining to detect errors, potential collisions, and inefficiencies. This version reduces the need for manual NC program verification, minimises scrap and rework, and optimises programs to improve surface finishes while saving time.
Global Computer Numerical Control Machines Market Trends
The demand for the computer numerical control machines market is driven by their ability to enhance efficiency by automating production, which boosts output and reduces downtime. They offer easy customisation, allowing quick adjustments in designs and product specifications. Continuous monitoring ensures high-quality control and consistency, while operators develop advanced skills. In November 2024, Tropic Group Builders (TGB) launched an innovative CNC router in the Solomon Islands with UK aid support, transforming the region’s joinery and woodworking sector. The fully automated system offers greater accuracy, scalability, and efficiency over traditional manual milling processes.
The growth of the computer numerical control machines market is driven by CNC machines' energy efficiency compared to traditional methods, resulting in reduced operational costs. By maintaining optimal conditions, they extend tool life and enhance overall performance. Their versatility enables them to serve multiple global industries, operating 24/7 for uninterrupted production. Automation further shortens lead times, expediting product delivery.
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Global Computer Numerical Control Machines Industry Segmentation
The EMR’s report titled “Global Computer Numerical Control Machines Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Machine Type
- Lathe Machines
- Milling Machines
- Laser Machines
- Grinding Machines
- Welding Machines
- Winding Machines
- Others
Market Breakup by End Use
- Aerospace and Defence
- Automobiles
- Electronics
- Healthcare
- Others
Market Breakup by Region
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
| CAGR 2025-2034 - Market by | Country |
| India | 7.8% |
| UK | 7.5% |
| China | 7.4% |
| USA | 7.3% |
| Saudi Arabia | 7.0% |
| Canada | XX% |
| Germany | 6.9% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Brazil | XX% |
| Mexico | XX% |
| Australia | 6.7% |
Global Computer Numerical Control Machines Market Share
According to the computer numerical control machines market analysis, the aerospace and defence sectors benefit from CNC machines by ensuring precise manufacturing of critical components such as turbine blades, landing gear, and missile parts. Their accuracy and repeatability enhance safety, performance, and reliability, while reducing production time and costs. In June 2024, Hindustan Aeronautics Limited’s Aerospace Division inaugurated a state-of-the-art Propellant Tank Production and Computer Numerical Control Machining facility, supported by ISRO. This new facility aims to increase ISRO’s production capacity, enabling six LVM3 rocket launches annually and addressing the gap in manufacturing essential components for India’s most powerful rocket.
The growth of the computer numerical control machines market is driven by the automotive industry's reliance on CNC machines for producing precise, complex components such as engine blocks, chassis, and transmissions. These machines reduce manufacturing costs, ensure consistent quality, and allow quick design changes for both high-volume production and custom parts. In June 2024, Ethereal Machines, an advanced manufacturing startup in India, secured USD 13 million in Series funding. The company specialises in multi-axis CNC equipment, providing precision parts for industries like consumer electronics, healthcare, and aerospace. Over the past year, it reduced manufacturing timelines by 25-40% and improved cost efficiency by 10-30%.
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Competitive Landscape
The computer numerical control machines market key players produce a diverse array of products, including vertical and horizontal machining centres, rotary tables, CNC lathes, and tool changers, all engineered for precision and efficiency. With a strong focus on innovation, quality, and customer satisfaction, these companies offer cost-effective, high-performance CNC solutions, especially for small and medium-sized businesses. They serve industries such as aerospace, automotive, medical, and metalworking, delivering accessible and reliable technology to manufacturers globally.
HEIDENHAIN Corporation
HEIDENHAIN Corporation, headquartered in Traunreut, Germany, was established in 1948. Specialising in precision measurement and control equipment, it offers innovative solutions in motion control systems. The company is renowned for its high-precision encoders, digital readouts, and CNC systems, serving industries such as aerospace, automotive, and semiconductor manufacturing.
Soft Servo Systems, Inc.
Soft Servo Systems, Inc., founded in 2002, is based in Lombard, Illinois, USA. The company develops advanced motion control technology, including software-based servo drives for CNC machines. Soft Servo Systems focuses on enhancing machine efficiency and performance, offering solutions that reduce energy consumption and improve overall production capabilities in various industries.
Bosch Rexroth AG
Bosch Rexroth AG, headquartered in Lohr am Main, Germany, was established in 1795. A leader in drive and control technologies, Bosch Rexroth delivers high-quality solutions for automation, mobile applications, and industrial equipment. The company’s offerings include CNC systems, hydraulic drives, and electric drives, serving industries like automotive, manufacturing, and renewable energy.
Mitsubishi Electric Corporation
Mitsubishi Electric Corporation, founded in 1921 and headquartered in Tokyo, Japan, is a global leader in the development of electrical and electronic equipment. With expertise in automation systems, CNC solutions, and industrial robots, Mitsubishi Electric serves diverse industries, including automotive, manufacturing, energy, and infrastructure, providing cutting-edge technology for efficient operations.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the computer numerical control machines market report are FANUC Corporation, Siemens, and Haas Automation, Inc among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the computer numerical control machines market reached an approximate value of USD 90.91 Billion.
The market is assessed to grow at a CAGR of 7.20% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 182.20 Billion by 2034.
The major market drivers include the rising manufacturing activities, the growing requirement for hassle-free automation, the increasing demand for computer numerical control machines in emerging nations, and rising demand for reducing operational costs and mitigating human errors.
The key trends guiding the growth of the market include the introduction of favourable government regulations and technological advancements.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Lathe machines, milling machines, laser machines, grinding machines, welding machines, and winding machines, among others, are the major machine types considered in the market report.
The significant end uses of computer numerical control machines are aerospace and defence, automobiles, electronics, and healthcare, among others.
The major players in the market are HEIDENHAIN Corporation, Soft Servo Systems, Inc., Bosch Rexroth AG, Mitsubishi Electric Corporation, FANUC Corporation, Siemens, and Haas Automation, Inc, among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Machine Type |
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| Breakup by End Use |
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