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CNC Metal Cutting Machine Market by Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 235 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578279
The global CNC metal cutting machine market size was valued at $53,069.1 million in 2020, and is projected to reach $83,364.4 million by 2030, registering a CAGR of 4.2% from 2020 to 2030. CNC metal cutting machine is a machining tool that operates on computer-controlled manufacturing technique. It manipulates machine shop tools using computer programming inputs. These machines process a metal workpiece by following a coded programmed instruction and without a manual operator to meet specifications.



A CNC machine works according to specific input instructions, which are delivered in the form of a sequential program of machine control instructions such as G-code. Some of the advantageous features of CNC metal cutting machine includes high accuracy, safe to operate, less error rate, low maintenance, and others.

The growing markets of automotive, consumer electronics, and defense fuels the demand for these machines to be installed for manufacturing. Increase in manufacturing machinery industries drives the market growth. However, fluctuations in foreign currencies continues its influence over profit margins. This is anticipated to hamper the market growth. Furthermore, supportive government regulations and initiatives for machine tool industry are the factors expected to boost the demand for these machines in near future.

The global CNC metal cutting machine market is segmented on the basis of type, end user, and region. By Type, the market is classified into machining centers, lathe machines, gear cutting machines, laser cutting machines, and others. By end user, it is categorized into automobile, aerospace & defense, electronics, power & energy, and others. By Region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market

COMPETITION ANALYSIS

The major market participants profiled in this report include Amada Holdings Co., Ltd., Coherent, Inc., DMG MORI CO., Ltd., Hurco Companies, Inc., Komatsu Ltd, Lincoln Electric Holdings, Inc., Maschinenfabrik Berthold Hermle AG, Okuma Corporation, TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corporation

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current and emerging CNC metal cutting machines market trends and dynamics
  • In-depth CNC metal cutting machines market analysis is conducted by constructing market estimations for key market segments between 2021 and 2030
  • Extensive analysis of the CNC metal cutting machines market is conducted by following key product positioning and monitoring of top competitors within the market framework
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities
  • The global CNC metal cutting machines market forecast analysis from 2021 to 2030 is included in the report
  • The key players within CNC metal cutting machines market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the CNC metal cutting machines industry

GLOBAL CNC METAL CUTTING MACHINES MARKET SEGMENTS


By PRODUCT TYPE

  • Machining Centers
  • Lathe Machines
  • Gear Cutting Machines
  • Laser Cutting Machines
  • Others

By End User

  • Automobile
  • Aerospace & defense
  • Electronics
  • Power & Energy
  • Others

By Region


By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • Amada Holdings Co, Ltd
  • Coherent, Inc
  • DMG MORI CO, Ltd
  • Hurco Companies, Inc
  • Komatsu Ltd
  • Lincoln Electric Holdings, Inc
  • Maschinenfabrik Berthold Hermle AG
  • Okuma Corporation
  • TRUMPF GmbH + Co KG
  • Yamazaki Mazak Corporation

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.4. Key Player Positioning, 2018
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Surge in Manufacturing of Defense Equipment in the Private Sector and Rise in Defense Expenditure
3.5.1.2. Growth of Manufacturing Machinery Industries
3.5.1.3. Development of the Automotive Industry
3.5.2. Restraints
3.5.2.1. Increase in Adoption of Secondhand Machinery
3.5.2.2. Fluctuations in Foreign Currencies
3.5.3. Opportunity
3.5.3.1. Supportive Government Regulations and Initiatives for Machine Tool Industry
Chapter 4: Cnc Metal Cutting Machine Market, by Type
4.1. Overview
4.1.1. Market Size and Forecast, by Type
4.2. Machining Centers
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis by Country
4.3. Lathe Machine
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis by Country
4.4. Gear Cutting Machines
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis by Country
4.5. Laser Cutting Machines
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Analysis by Country
4.6. Others
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Analysis by Country
Chapter 5: Cnc Metal Cutting Machine Market, by End-user
5.1. Overview
5.1.1. Market Size and Forecast, End-user
5.2. Automobile
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis by Country
5.3. Aerospace & Defense
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis by Country
5.4. Electronics
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis by Country
5.5. Power & Energy
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis by Country
5.6. Others
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Analysis by Country
Chapter 6: Cnc Metal Cutting Machine Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Type
6.2.3. Market Size and Forecast, by End-user
6.2.4. Market Analysis by Country
6.2.4.1. U. S.
6.2.4.1.1. Market Size and Forecast, by Type
6.2.4.1.2. Market Size and Forecast, by End-user
6.2.4.2. Canada
6.2.4.2.1. Market Size and Forecast, by Type
6.2.4.2.2. Market Size and Forecast, by End-user
6.2.4.3. Mexico
6.2.4.3.1. Market Size and Forecast, by Type
6.2.4.3.2. Market Size and Forecast, by End-user
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Type
6.3.3. Market Size and Forecast, by End-user
6.3.4. Market Analysis by Country
6.3.4.1. Germany
6.3.4.1.1. Market Size and Forecast, by Type
6.3.4.1.2. Market Size and Forecast, by End-user
6.3.4.2. France
6.3.4.2.1. Market Size and Forecast, by Type
6.3.4.2.2. Market Size and Forecast, by End-user
6.3.4.3. Italy
6.3.4.3.1. Market Size and Forecast, by Type
6.3.4.3.2. Market Size and Forecast, by End-user
6.3.4.4. Russia
6.3.4.4.1. Market Size and Forecast, by Type
6.3.4.4.2. Market Size and Forecast, by End-user
6.3.4.5. Rest of Europe
6.3.4.5.1. Market Size and Forecast, by Type
6.3.4.5.2. Market Size and Forecast, by End-user
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Type
6.4.3. Market Size and Forecast, by End-user
6.4.4. Market Analysis by Country
6.4.4.1. Japan
6.4.4.1.1. Market Size and Forecast, by Type
6.4.4.1.2. Market Size and Forecast, by End-user
6.4.4.2. China
6.4.4.2.1. Market Size and Forecast, by Type
6.4.4.2.2. Market Size and Forecast, by End-user
6.4.4.3. India
6.4.4.3.1. Market Size and Forecast, by Type
6.4.4.3.2. Market Size and Forecast, by End-user
6.4.4.4. South Korea
6.4.4.4.1. Market Size and Forecast, by Type
6.4.4.4.2. Market Size and Forecast, by End-user
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market Size and Forecast, by Type
6.4.4.5.2. Market Size and Forecast, by End-user
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Type
6.5.3. Market Size and Forecast, by End-user
6.5.4. Market Analysis by Country
6.5.4.1. Latin America
6.5.4.1.1. Market Size and Forecast, by Type
6.5.4.1.2. Market Size and Forecast, by End-user
6.5.4.2. Middle East
6.5.4.2.1. Market Size and Forecast, by Type
6.5.4.2.2. Market Size and Forecast, by End-user
6.5.4.3. Africa
6.5.4.3.1. Market Size and Forecast, by Type
6.5.4.3.2. Market Size and Forecast, by End-user
Chapter 7: Company Profiles
7.1. Amada Holdings Co. Ltd.
7.1.1. Company Overview
7.1.2. Key Executives
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.6. R&D Expenditure
7.1.7. Business Performance
7.1.8. Key Strategic Moves and Developments
7.2. Coherent, Inc.
7.2.1. Company Overview
7.2.2. Key Executives
7.2.3. Company Snapshot
7.2.4. Operating Business Segments
7.2.5. Product Portfolio
7.2.6. R&D Expenditure
7.2.7. Business Performance
7.2.8. Key Strategic Moves and Developments
7.3. Dmg Mori Co. Ltd.
7.3.1. Company Overview
7.3.2. Key Executives
7.3.3. Company Snapshot
7.3.4. Operating Business Segments
7.3.5. Product Portfolio
7.3.6. R&D Expenditure
7.3.7. Business Performance
7.3.8. Key Strategic Moves and Developments
7.4. Hurco Companies, Inc.
7.4.1. Company Overview
7.4.2. Key Executives
7.4.3. Company Snapshot
7.4.4. Product Portfolio
7.4.5. R&D Expenditure
7.4.6. Business Performance
7.4.7. Key Strategic Moves and Developments
7.5. Komatsu Ltd.
7.5.1. Company Overview
7.5.2. Key Executives
7.5.3. Company Snapshot
7.5.4. Operating Business Segments
7.5.5. Product Portfolio
7.5.6. R&D Expenditure
7.5.7. Business Performance
7.6. Lincoln Electric Holdings, Inc.
7.6.1. Company Overview
7.6.2. Key Executives
7.6.3. Company Snapshot
7.6.4. Operating Business Segments
7.6.5. Product Portfolio
7.6.6. R&D Expenditure
7.6.7. Business Performance
7.6.8. Key Strategic Moves and Developments
7.7. Maschinenfabrik Berthold Hermle AG
7.7.1. Company Overview
7.7.2. Key Executives
7.7.3. Company Snapshot
7.7.4. Product Portfolio
7.7.5. R&D Expenditure
7.7.6. Business Performance
7.7.7. Key Strategic Moves and Developments
7.8. Okuma Corporation
7.8.1. Company Overview
7.8.2. Key Executives
7.8.3. Company Snapshot
7.8.4. Product Portfolio
7.8.5. R&D Expenditure
7.8.6. Business Performance
7.8.7. Key Strategic Moves and Developments
7.9. Trumpf GmbH + Co. Kg
7.9.1. Company Overview
7.9.2. Key Executives
7.9.3. Company Snapshot
7.9.4. Product Portfolio
7.9.5. R&D Expenditure
7.9.6. Business Performance
7.9.7. Key Strategic Moves and Developments
7.10. Yamazaki Mazak Corporation
7.10.1. Company Overview
7.10.2. Key Executives
7.10.3. Company Snapshot
7.10.4. Product Portfolio
7.10.5. Key Strategic Moves and Developments
List of Tables
Table 01. Global Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 02. Cnc Machining Centeres Market Revenue, by Region, 2020–2030 ($Million)
Table 03. Cnc Lathe Metal Cutting Machine Market Revenue, by Region, 2020–2030 ($Million)
Table 04. Cnc Metal Cutting Gear Cutting Machine Market Revenue, by Region, 2020–2030 ($Million)
Table 05. Cnc Laser Metal Cutting Machine Market Revenue, by Region, 2020–2030 ($Million)
Table 06. Others Cnc Metal Cutting Machine Market Revenue, by Region, 2020–2030 ($Million)
Table 07. Global Cnc Metal Cutting Machine Market Revenue, End-user, 2020–2030 ($Million)
Table 08. Cnc Metal Cutting Machine Market Revenue for Automobile, by Region, 2020–2030 ($Million)
Table 09. Cnc Metal Cutting Machine Market Revenue for Aerospace & Defense, by Region, 2020–2030 ($Million)
Table 10. Cnc Metal Cutting Machine Market Revenue for Electronics, by Region, 2020–2030 ($Million)
Table 11. Cnc Metal Cutting Machine Market Revenue for Power & Energy, by Region, 2020–2030 ($Million)
Table 12. Cnc Metal Cutting Machine Market Revenue for Others, by Region, 2020–2030 ($Million)
Table 13. Cnc Metal Cutting Machine Market Revenue, by Region, 2020–2030 ($Million)
Table 14. North America Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 15. North America Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 16. North America Cnc Metal Cutting Machine Market Revenue, by Country, 2020–2030 ($Million)
Table 17. U.S Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 18. U.S Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 19. Canada Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 20. Canada Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 21. Mexico Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 22. Mexico Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 23. Europe Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 24. Europe Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 25. Europe Cnc Metal Cutting Machine Market Revenue, by Country, 2020–2030 ($Million)
Table 26. Germany Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 27. Germany Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 28. France Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 29. France Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 30. Italy Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 31. Italy Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 32. Russia Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 33. Russia Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 34. Rest of Europe Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 35. Rest of Europe Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 36. Asia-Pacific Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 37. Asia-Pacific Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 38. Asia-Pacific Cnc Metal Cutting Machine Market Revenue, by Country, 2020–2030 ($Million)
Table 39. Japan Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 40. Japan Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 41. China Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 42. China Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 43. India Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 44. India Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 45. South Korea Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 46. South Korea Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 47. Rest of Asia-Pacific Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 48. Rest of Asia-Pacific Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 49. Lamea Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 50. Lamea Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 51. Lamea Cnc Metal Cutting Machine Market Revenue, by Country, 2020–2030 ($Million)
Table 52. Latin America Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 53. Latin America Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 54. Middle East Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 55. Middle East Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 56. Africa Cnc Metal Cutting Machine Market Revenue, by Type, 2020–2030 ($Million)
Table 57. Africa Cnc Metal Cutting Machine Market Revenue, by End-user, 2020–2030 ($Million)
Table 58. Amada: Key Executives
Table 59. Amada: Company Snapshot
Table 60. Amada: Operating Segments
Table 61. Amada: Product Portfolio
Table 62. Coherent: Key Executives
Table 63. Coherent: Company Snapshot
Table 64. Coherent: Operating Segments
Table 65. Coherent: Product Portfolio
Table 66. Dmg Mori: Key Executives
Table 67. Dmg Mori: Company Snapshot
Table 68. Komatsu: Operating Segments
Table 69. Dmg Mori: Product Portfolio
Table 70. Hurco: Key Executives
Table 71. Hurco: Company Snapshot
Table 72. Hurco: Product Portfolio
Table 73. Key Executives
Table 74. Komatsu: Company Snapshot
Table 75. Komatsu: Operating Segments
Table 76. Komatsu: Product Portfolio
Table 77. Lincoln Electric: Key Executives
Table 78. Lincoln Electric: Company Snapshot
Table 79. Lincoln Electric: Operating Segments
Table 80. Lincoln Electric: Product Portfolio
Table 81. Hermle: Key Executives
Table 82. Hermle: Company Snapshot
Table 83. Hermle: Product Portfolio
Table 84. Okuma: Key Executives
Table 85. Okuma: Company Snapshot
Table 86. Okuma: Product Portfolio
Table 87. Trumpf: Key Executives
Table 88. Trumpf: Company Snapshot
Table 89. Trumpf: Product Portfolio
Table 90. Mazak: Key Executives
Table 91. Mazak: Company Snapshot
Table 92. Mazak: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Executive Summary
Figure 03. Global Cnc Metal Cutting Machine Market: Key Players
Figure 04. Top Investment Pockets
Figure 05. Top Winning Strategies, by Year, 2017–2019
Figure 06. Top Winning Strategies, by Development, 2018–2020 (%)
Figure 07. Top Winning Strategies, by Company, 2018–2020 (%)
Figure 08. Moderate-To-High Bargaining Power of Suppliers
Figure 09. High Bargaining Power of Buyers
Figure 10. Modearte-To-High Threat of Substitutes
Figure 11. Low-To-Moderate Threat of New Entrants
Figure 12. Moderate-To-High Intensity of Rivalry
Figure 13. Key Player Positioning
Figure 14. Global Cnc Metal Cutting Machine Market, by Type, 2020–2030
Figure 15. Comparative Share Analysis of Cnc Machining Centers Market for Market, by Country, 2020 & 2030 (%)
Figure 16. Comparative Share Analysis of Cnc Lathe Metal Cutting Machine Market, by Country, 2020 & 2030 (%)
Figure 17. Comparative Share Analysis of Cnc Metal Cutting Gear Cutting Machine Market, by Country, 2020 & 2030 (%)
Figure 18. Comparative Share Analysis of Cnc Laser Metal Cutting Machine Market, by Country, 2020 & 2030 (%)
Figure 19. Comparative Share Analysis of Others Cnc Metal Cutting Machine Market, by Country, 2020 & 2030 (%)
Figure 20. Global Cnc Metal Cutting Machine Market, End-user, 2020–2030
Figure 21. Comparative Share Analysis of Cnc Metal Cutting Machine Market for Automobile, by Country, 2020 & 2030 (%)
Figure 22. Comparative Share Analysis of Cnc Metal Cutting Machine Market for Aerospace & Defense, by Country, 2020 & 2030 (%)
Figure 23. Comparative Share Analysis of Cnc Metal Cutting Machine Market for Electronics by Country, 2020 & 2030 (%)
Figure 24. Comparative Share Analysis of Cnc Metal Cutting Machine Market for Power & Energy, by Country, 2020 & 2030 (%)
Figure 25. Comparative Share Analysis of Cnc Metal Cutting Machine Market for Others, by Country, 2020 & 2030 (%)
Figure 26. Cnc Metal Cutting Machine Market, by Region, 2020–2030
Figure 27. U. S. Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 28. Canada Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 29. Mexico Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 30. Germany Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 31. France Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 32. Italy Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 33. Russia Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 34. Rest of Europe Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 35. Japan Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 36. China Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 37. India Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 38. South Korea Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 39. Rest of Asia-Pacific Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 40. Latin America Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 41. Middle East Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 42. Africa Cnc Metal Cutting Machine Market Revenue, 2020–2030 ($ Million)
Figure 43. Amada: R&D Expenditure, 2018–2020 ($ Million)
Figure 44. Amada: Revenue, 2018–2020 ($ Million)
Figure 45. Amada: Revenue Share by Segment, 2020 (%)
Figure 46. Amada: Revenue Share by Region, 2020 (%)
Figure 47. Coherent: R&D Expenditure, 2018–2020 ($ Million)
Figure 48. Coherent: Revenue, 2018–2020 ($ Million)
Figure 49. Coherent: Revenue Share by Segment, 2020 (%)
Figure 50. Coherent: Revenue Share by Region, 2020 (%)
Figure 51. Dmg Mori: R&D Expenditure, 2018–2020 ($ Million)
Figure 52. Dmg Mori: Revenue, 2018–2020 ($ Million)
Figure 53. Dmg Mori: Revenue Share by Segment, 2020 (%)
Figure 54. Dmg Mori: Revenue Share by Region, 2020 (%)
Figure 55. Hurco: R&D Expenditure, 2018–2020 ($ Million)
Figure 56. Hurco: Revenue, 2018–2020 ($ Million)
Figure 57. Hurco: Revenue Share by Region, 2020 (%)
Figure 58. Komatsu: R&D Expenditure, 2018–2020 ($ Million)
Figure 59. Komatsu: Revenue, 2018–2020 ($ Million)
Figure 60. Komatsu: Revenue Share by Segment, 2020 (%)
Figure 61. Komatsu: Revenue Share by Region, 2020 (%)
Figure 62. Lincoln Electric: R&D Expenditure, 2018–2020 ($ Million)
Figure 63. Lincoln Electric: Revenue, 2018–2020 ($ Million)
Figure 64. Lincoln Electric: Revenue Share by Segment, 2020 (%)
Figure 65. Lincoln Electric: Revenue Share by Region, 2020 (%)
Figure 66. Hermle: R&D Expenditure, 2018–2020 ($ Million)
Figure 67. Hermle: Revenue, 2018–2020 ($ Million)
Figure 68. Hermle: Revenue Share by Region, 2020 (%)
Figure 69. Okuma: R&D Expenditure, 2018–2020 ($ Million)
Figure 70. Okuma: Revenue, 2018–2020 ($ Million)
Figure 71. Okuma: Revenue Share by Product Category, 2020 (%)
Figure 72. Okuma: Revenue Share by Region, 2020 (%)
Figure 73. Trumpf: R&D Expenditure, 2018–2020 ($ Million)
Figure 74. Trumpf: Revenue, 2018–2020 ($ Million)
Figure 75. Trumpf: Revenue Share by Region, 2020 (%)

Executive Summary

According to a new report titled, “CNC Metal Cutting Machine Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global CNC metal cutting machine market size was valued at $53.1 billion in 2020, and is projected to reach $83.4 billion by 2030, registering a CAGR of 4.2% from 2020 to 2030.

By type, the market is segmented into machining centers, lathe machines, gear cutting machines, laser cutting machines, and others. Among these,the machining centers segment accounted for the highest market share in 2020 and laser cutting machines is expected to witness significant growth during the forecast period, owing to increase in demand for automotive and defense industries. The market is analyzed with respect to different applications in industrial verticals such as Automobile, Aerospace & defense, Electronics, Power & Energy, and Others. The CNC Metal Cutting Machine market growth of global manufacturing industry and increased investment in automotive, aerospace & defense, and electronic manufacturing industry. However, high initial cost of the potential to limit growth of the market.

The rise in global population and surge in purchasing power of masses in developing countries have significantly increased the demand for automobiles, thereby fueling the use of CNC metal cutting machines in automotive industry. Moreover, surge in demand for efficient and precise metal cutting machines drive the CNC metal cutting machines market. In addition, increased investments in global defense and aerospace manufacturing industry fueled by changing global economic & power dynamics propel demand for CNC metal cutting machines.

For instance, according to India Brand Equity Foundation, the Indian Government is anticipating local and foreign investments around $8-10 billion in the automotive sector by 2023. And the Indian automotive industry is expected to reach US$ 251.4-282.8 billion by 2026.

However, during the pandemic, various manufacturers in the CNC metal cutting machine market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of CNC metal cutting machine companies. In addition, lack of manpower and raw materials constricted supply of components of CNC metal cutting machines; and has negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for corona virus disease are anticipated to lead to re-opening of CNC metal cutting machine companies.

The key players profiled in the CNC metal cutting machine industry report include Amada Holdings Co., Ltd., Coherent, Inc., DMG MORI CO., Ltd., Hurco Companies, Inc., Komatsu Ltd, Lincoln Electric Holdings, Inc., Maschinenfabrik Berthold Hermle AG, Okuma Corporation, TRUMPF GmbH + Co. KG, and Yamazaki Mazak Corporation

Key Findings Of The Study


  • The report provides an extensive analysis of the current and emerging CNC metal cutting machine market trends and dynamics
  • Depending on type, the machining centers segment dominated the CNC metal cutting machines market, in terms of revenue in 2020 and the laser cutting machines segment is projected to grow at a significant CAGR during the forecast period
  • By end user, the automobile segment registered highest revenue in 2020
  • Asia-Pacific is projected to register highest growth rate in the coming years
  • The key players within the CNC metal cutting machine market share are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the CNC metal cutting machines industry
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market
In-depth CNC metal cutting machine market analysis is conducted by constructing estimations for the key segments between 2021 and 2030

Companies Mentioned

  • Amada Holdings Co., Ltd.
  • Coherent, Inc.
  • DMG MORI CO., Ltd.
  • Hurco Companies, Inc.
  • Komatsu Ltd
  • Lincoln Electric Holdings, Inc.
  • Maschinenfabrik Berthold Hermle AG
  • Okuma Corporation
  • TRUMPF GmbH + Co. KG
  • Yamazaki Mazak Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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