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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.
Base Year
Historical Year
Forecast Year
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% |
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.
Value in USD Billion
2025-2034
North America Computer Numerical Controls (CNC) Market Outlook
*this image is indicative*
The emergence of robotics and automation; the increasing shortage of skilled labour; the expansion of the manufacturing industry; and the emphasis on sustainable practices are factors impacting the North America computer numerical controls (CNC) market growth.
Technological advancements, including robotics and automation, have made CNC machines highly accessible and intuitive, increasing their adoption among manufacturers.
Major companies are adopting CNC machines to deal with increasing labour shortages across the construction, manufacturing, automotive, power, and defence sectors. This is expected to substantially increase the rate of North America computer numerical controls (CNC) market development over the forecast period.
The use of computer-aided manufacturing to prototype and design new products has significantly enhanced the output of the manufacturing industry, thereby accelerating the demand for CNC machines.
The manufacturing industry is achieving significant reductions in material wastage and carbon emissions by relying on CNC machines for the transmission of electronic files, among other tasks. This is expected to increase the North America computer numerical controls (CNC) market value.
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.
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
Breakup by Application
Breakup by Region
CAGR 2024-2032 - Market by | Country |
Canada | 5.3% |
United States | XX% |
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% |
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 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. is a Japanese corporation which was formed in 2006 and is based in Kariya, Aichi. According to Nor...
FANUC Corp. is a Japanese company offering a complete range of solutions and services from industrial robots t...
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.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
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.
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 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Machine Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
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.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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