Europe CNC Machine Market Outlook Report - Market Size, Share Analysis and Forecast (2025-2034)

The Europe CNC machine market was valued at USD 26.67 Billion in 2024. The market is expected to grow at a CAGR of 7.10% between 2025 to 2034, reaching a value of USD 52.96 Billion by 2034.

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. 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

Looks into the regional CNC machine market in Europe like:

• UK
• Germany
• Italy
• France
• 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.

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 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.