Metal Cutting Machine Market Report 2026

The metal cutting machine market size has grown strongly in recent years. It will grow from $7.19 billion in 2025 to $7.64 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to industrial manufacturing expansion, growth of automotive production, demand for precision metal components, availability of conventional machining technologies, infrastructure development activities.

The metal cutting machine market size is expected to see strong growth in the next few years. It will grow to $9.76 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to smart factory adoption, rising electric vehicle manufacturing, demand for lightweight metal components, advancements in CNC and laser technologies, increasing capital investment in automated manufacturing. Major trends in the forecast period include high precision machining demand, adoption of multi axis CNC machines, growth in laser based cutting technologies, increasing automation in metal fabrication shops, demand for energy efficient cutting equipment.

The surge in construction activities is expected to drive the growth of the metal cutting machine market going forward. Construction activities encompass the processes, tasks, and operations involved in building, modifying, repairing, or demolishing structures such as buildings, bridges, roads, and other infrastructure. Metal cutting machines play a crucial role in these activities by fabricating metal components like beams, columns, and trusses, which are essential for constructing buildings and infrastructure. For example, in September 2023, the US Census Bureau, responsible for collecting and analyzing demographic, economic, and social data, reported that total construction spending reached a seasonally adjusted annual rate of $1.99 trillion, exceeding the revised August estimate of $1.98 trillion. Therefore, the increase in construction activities is fueling the growth of the metal cutting machine market.

Major companies in the metal cutting machine market are focusing on product innovations, such as integrated automation material handling support, which enables precise positioning and alignment during cutting. Integrated automation material handling support refers to systems incorporated into or around manufacturing machines that automate the movement and transfer of raw materials with minimal or no manual intervention. For instance, in November 2025, SLTL Group, an India-based industrial machinery manufacturer, launched the XLS Long Chassis Laser Cutting Machine, featuring integrated automation and material handling support. This machine can process long metal sheets up to 12 meters with high precision, making it ideal for fabricating heavy-duty components such as truck chassis, structural beams, and large-format metal parts in manufacturing and construction applications.

In June 2025, United Grinding Group, a Switzerland-based precision grinding and machining solutions provider, acquired GF Machining Solutions for an undisclosed amount. Through this acquisition, United Grinding Group aims to enhance its ultra-precision machining capabilities by incorporating GF Machining Solutions’ expertise in high-precision milling, automation, and digital solutions, thereby expanding its technology portfolio and global market reach. GF Machining Solutions is a Switzerland-based company specializing in advanced machining technologies and precision manufacturing solutions.

Major companies operating in the metal cutting machine market are Trumpf Pvt. Ltd., Amada Co. Ltd., Bystronic Laser AG, Nissan Tanaka Corporation, Lincoln Electric Holdings Inc., Komatsu Ltd., Koike Aronson Inc., Flow International Corporation, Omax Corporation, Okuma Corporation, Yamazaki Mazak Corporation, Doosan Machine Tools Co. Ltd., JTEKT Corporation, ESAB Corporation, WARDJet Inc., Prima Power AG, Mazak Optonics Corporation, Salvagnini America Inc., Cincinnati Incorporated, LVD Group NV, MC Machinery Systems Inc., Mitsubishi Electric Corporation, DMG MORI Corporation, Haas Automation Inc., Makino Milling Machine Co. Ltd., Hurco Companies Inc., Shigiya Machinery Works Ltd.

Asia-Pacific was the largest region in the metal cutting machine market share in 2025. The regions covered in the metal cutting machine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the metal cutting machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The metal cutting machine market consists of sales of lathe, drilling machine, milling gadget, boring machine, grinding gadget and machining middle. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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