Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe CNC Machine Market Outlook
The Europe CNC machine market was valued at USD 26.67 billion in 2023. The market is expected to grow at a CAGR of 7.1% between 2024 to 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Europe CNC machine market is driven by the rising demand for mass production in the aerospace and defence industry, along with growing demand from the industrial verticals. The industry is supported by the technological advancements in automation, which has aided the manufacturers by reducing the machine time.
Europe CNC Machine Market Segmentation
CNC (Computer numerical control) is a technique of automating the control of machine instruments by using software integrated with a microcomputer connected to the instrument. Mills, lathes, routers, grinders, and lasers are the popular machine tools that can be automated through CNC activities.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Europe CNC machine market can be divided based on segments like types and applications.
The industry can be divided based on types as:
- Lathe Machine
- Miller Machine
- Laser Machine
- Welding Machine
- Winding Machine
- Others
The industry can be broadly categorised based on its applications into:
- Automotive
- Aerospace and Defence
- Construction Equipment
- Power and Energy
- Industrial
- Others
The EMR report looks into the regional CNC machine market in Europe like the United Kingdom, Germany, France, and Spain, among others.
Europe CNC Machine Market Analysis
The industry has experienced a significant development due to the increased demand from the automotive producers for computer numerical control (CNC) devices. Automation is increasingly preferred as it helps to decrease general operating costs. This, in turn, is anticipated over the forecast period to drive the product demand. The increasing demand for aerospace and defence mass production, as well as from other industrial verticals, is promoting the implementation of CNC machines. The industry is also expected to be driven by the technological advancements in automation that have reduced machining time for manufacturers. The growing energy sector is expected to drive the market, especially in France. The need for precision and accuracy in the production of components such as turbines and rotor shafts is expected to be significant industry driver. The advancements in wireless technology have made it possible for IoT-compatible computer numerical control devices to provide users with comfort, further aiding the growth of the industry.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
The report presents a detailed analysis of the following key players in the Europe CNC machine market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Bosch Rexroth AG
- Amada Machine Tools Co., Ltd.
- FANUC Europe Corporation
- Mondragon Corporation
- Hurco Europe Ltd
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The Europe CNC machine market reached a value of USD 26.67 billion in 2023.
The market is projected to grow at a CAGR of nearly 7.1% in the forecast period of 2024-2032.
The major drivers of the market include the rising demand for CNC machines in automobile, aerospace, and defence equipment production and advancements in automation technology.
The rising demand for precision and accuracy in the production of components like turbines and rotor shafts is expected to be a key trend guiding the growth of the market.
The United Kingdom, Germany, Italy, and France, among others, are the major countries in the Europe market for CNC machine.
The leading types of the product in the market are lathe, miller, laser, welding, and winding machines, among others.
The major application segments of the product are automotive, aerospace and defence, construction equipment, power and energy, and industrial, among others.
The leading players in the market are Bosch Rexroth AG, Amada Machine Tools Co., Ltd., FANUC Europe Corporation, Mondragon Corporation, and Hurco Europe Ltd, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124