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Report Overview

The North America computer numerical controls (CNC) market size reached around USD 13.35 Billion in 2024. The market is projected to grow at a CAGR of 5.10% between 2025 and 2034 to reach nearly USD 21.95 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • The manufacturing sector contributes nearly USD 2.3 trillion to the US GDP annually.
  • As EV adoption surges to 30% by 2030, the demand for CNC in the USA’s automotive industry is expected to grow, leading to enhanced North America computer numerical controls (CNC) market revenue.
  • In 2022, the contribution of Canada’s aerospace industry to GDP surged by USD 1.8 billion.
North America Computer Numerical Controls (CNC) Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 12.70
Market Size 2032 USD Billion 19.87
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.1%
CAGR 2024-2032 - Market by Country Canada 5.3%
CAGR 2024-2032 - Market by Machine Type Laser Machine 6.0%
CAGR 2024-2032 - Market by Application Automotive 5.8%
2023 Market Share by Country Canada 9.2%

North America Computer Numerical Controls (CNC) Market Growth

The US marine industry generated sales worth USD 610 billion in 2020 and made a contribution of USD 361 billion to GDP while employing 2.2 million people. As per the Bureau of Economic Analysis and the National Oceanic and Atmospheric Administration, the industry is expected to attain a size of USD 3 trillion by 2030. This is expected to promote shipbuilding and warehousing construction to ensure the smooth transportation of cargo between different domestic and international ports, thereby accelerating the demand for CNCs that facilitate the design and development of propellers, prototype moulds, stingers, engine components, and other ship parts. This is expected to favour the North America computer numerical controls market expansion.

Canada occupies a share of 2% in global medical device production. In 2022, diagnostic imaging equipment accounted for nearly 14.4% of the industry's revenue. Small and medium enterprises account for nearly 70% of the industrial output, with 50% of the industrial production occurring in Ontario. The increasing demand for minimally invasive surgical procedures and joint replacements is expected to increase the usage of CNC systems to manufacture implants, medical instruments, orthotic devices, and MRI machines, among others. The increasing demand for FDA-approved products is also expected to drive the demand for CNC machines in the healthcare sector due to their precision, accuracy, and rapid prototyping over the forecast period. This is expected to fuel the North America computer numerical controls market share.

Compound Annual Growth Rate

Value in USD Billion

5.1%

2025-2034


North America Computer Numerical Controls (CNC) Market Outlook

*this image is indicative*

Key Trends and Developments

North America Computer Numerical Controls (CNC) Market Trends

The increasing focus on precision manufacturing has raised the demand for CNC machines in North America. This can be attributed to their high degree of efficiency in production processes while being extremely cost-effective and scalable. Computer numerical control machines can also enhance workers’ safety by reducing the risk of human error and optimising material usage, thereby enhancing resource utilisation while keeping energy consumption low. This is expected to drive North America computer numerical controls market size over the forecast period.

North America Computer Numerical Controls (CNC) Industry Segmentation

The EMR’s report titled “North America Computer Numerical Controls Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by Machine Type

  • Lathe Machine
  • Miller Machine
  • Laser Machine
  • Welding Machine
  • Winding Machine
  • Others

Breakup by Application

  • Automotive
  • Aerospace and Defence
  • Construction Equipment
  • Power and Energy
  • Industrial
  • Others

Breakup by Region

  • United States
  • Canada
CAGR 2024-2032 - Market by Country
Canada 5.3%
United States XX%

North America Computer Numerical Controls (CNC) Market Share

Based on region, the market is segmented into United States of America and Canada. Canada is projected to dominate the market, representing 9% of the overall market share. Over the forecast period, the demand for CNC machines in Canada is expected to grow at a CAGR of 5.3%, as investments in country’s manufacturing industry soars and the total volume of industrial output rises.

2023 Market Share by Country
Canada 9.2%
United States XX%

Leading Companies in the North America Computer Numerical Controls (CNC) Market

By leveraging technological advancements, major North America computer numerical control (CNC) market players are producing compact CNC milling machines that can be customised as per requirements and can result in optimum utilisation of factory space.

Siemens AG

Siemens AG is a German multinational company which was established in 1847 and is headquartered in Munich. It is involved in providing ancillary support to the construction, manufacturing, healthcare, infrastructure, and power industries to through its technological solutions to drive sustainable growth.

JTEKT Corp.

JTEKT Corp. is a Japanese corporation which was formed in 2006 and is based in Kariya, Aichi. According to Nor...

FANUC Corp.

FANUC Corp. is a Japanese company offering a complete range of solutions and services from industrial robots t...

Haas Automation, Inc.

Haas Automation, Inc. was established in 1983 and is based in California. It produces vertical machining cente...

*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 included in the North America computer numerical control (CNC) market report are Sandvik AB, Okuma Corp., Hurco Companies, Inc., Protomatic Inc., DMG Mori Co. Ltd., AMS Micromedical LLC, Mitsubishi Electric Corp., and Nidec Corp., 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 market attained a value of nearly USD 13.35 Billion.

The market is assessed to grow at a CAGR of 5.10% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 21.95 Billion by 2032.

The different regions covered in the market report are the United States and Canada.

The different applications of computer numerical controls include automotive, aerospace and defence, construction equipment, power and energy, and industrial, among others.

The different types of machines in the market are lathe machines, miller machines, laser machines, welding machines, and winding machines, among others.

Key players in the market are Sandvik AB, Okuma Corp., Hurco Companies, Inc., Siemens AG, Protomatic Inc., JTEKT Corp., FANUC Corp., Haas Automation, Inc., DMG Mori Co. Ltd., AMS Micromedical LLC, Mitsubishi Electric Corp., and Nidec Corp., 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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Machine Type
  • Application
  • Region
Breakup by Machine Type
  • Lathe Machine
  • Miller Machine
  • Laser Machine
  • Welding Machine
  • Winding Machine
  • Others
Breakup by Application
  • Automotive
  • Aerospace and Defense
  • Construction Equipment
  • Energy and Power
  • Industrial
  • Others
Breakup by Region
  • United States
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hurco Companies, Inc.
  • Siemens AG
  • Protomatic Inc.
  • JTEKT Corp.
  • FANUC Corp.
  • Haas Automation, Inc.
  • DMG Mori Co. Ltd.
  • AMS Micromedical LLC
  • Mitsubishi Electric Corp.
  • Nidec Corp.
  • Others

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124