Global Automotive Manufacturing Equipment Market Size Study & Forecast, by Equipment Type and by Vehicle Type and Regional Forecasts 2025-2035

The Global Automotive Manufacturing Equipment Market is valued at approximately USD 30.35 billion in 2024 and is projected to grow with a compound annual growth rate (CAGR) of 5.40% over the forecast period 2025-2035. Automotive manufacturing equipment comprises a diverse range of technologies and machinery used in designing, assembling, and finishing vehicles. These include high-precision CNC machines, robotic systems, metal stamping machines, and automated guided vehicles that streamline complex production processes. The rapid evolution of the global automotive sector-driven by the shift toward electric and autonomous vehicles-has intensified the need for advanced manufacturing systems capable of supporting high-volume production, superior accuracy, and consistent quality. Additionally, increasing labor costs, stringent emission regulations, and the demand for lightweight materials are compelling manufacturers to adopt more efficient, automated production solutions. As a result, automotive companies are leveraging Industry 4.0 technologies, integrating AI-driven robotics and data analytics to optimize production lines and enhance operational flexibility.

The growing adoption of smart factories and connected manufacturing environments has accelerated the demand for advanced automotive equipment. As global automotive production rebounds post-pandemic, automakers are investing aggressively in process modernization to boost efficiency and sustainability. According to the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production crossed 85 million units in 2023, marking steady recovery in manufacturing output. This resurgence, combined with the electrification trend and heightened focus on cost efficiency, has amplified the deployment of intelligent machinery across vehicle assembly plants. Furthermore, the integration of IoT-enabled predictive maintenance systems, real-time monitoring, and cloud-based manufacturing analytics is transforming factory floors into highly adaptive ecosystems. However, high installation and maintenance costs, along with supply chain volatility in semiconductor and component availability, remain persistent challenges for the market. Nevertheless, emerging economies investing in automotive hubs and technology upgrades present abundant opportunities for long-term growth.

The detailed segments and sub-segments included in the report are:

By Equipment Type:

• CNC Machine
• Injection Molding Machine
• Robot
• Metal Stamping Machine
• Augmented Guided Vehicles
• DC Torque Tool

By Vehicle Type:

• Passenger
• Commercial

By Region:

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico

Middle East & Africa

• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Robots Expected to Dominate the Market

Among all equipment types, robotic systems are expected to dominate the global automotive manufacturing equipment market throughout the forecast period. Robots have become central to modern automotive production due to their ability to enhance precision, accelerate assembly, and ensure consistent quality in repetitive and high-risk tasks. The increasing focus on automation and the introduction of collaborative robots (cobots) that work alongside human operators are revolutionizing assembly lines, welding stations, and painting booths. The growing emphasis on electric vehicle (EV) production, which demands meticulous handling of battery modules and delicate electronic components, further strengthens the role of robotics. Continuous innovation in AI and sensor-based control systems enables these robots to adapt to complex tasks and dynamic manufacturing environments, making them indispensable assets for both OEMs and tier-one suppliers.

CNC Machines Lead in Revenue Contribution

CNC machines currently account for the largest revenue share within the automotive manufacturing equipment landscape. Their ability to achieve exceptional accuracy and replicate intricate designs consistently makes them vital to producing critical vehicle components such as engine blocks, transmission parts, and suspension systems. As automakers transition toward lightweight materials like aluminum and composites, demand for precision machining equipment continues to soar. The expansion of hybrid and EV manufacturing has also amplified the need for high-performance CNC systems capable of fabricating complex motor housings and battery casings. Moreover, the integration of AI-driven programming, real-time monitoring, and automated tool calibration enhances productivity while minimizing downtime, solidifying CNC machines' position as the most revenue-generating equipment type in the industry.

The key regions considered for the Global Automotive Manufacturing Equipment Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected to hold the dominant market position in 2025, underpinned by its robust automotive production base in China, Japan, South Korea, and India. This region benefits from abundant raw materials, skilled labor, and heavy investments in automation technologies. Europe follows closely, driven by its established automotive manufacturing ecosystem and increasing adoption of green manufacturing practices to align with sustainability goals. North America, on the other hand, is witnessing steady expansion due to rising adoption of EV production lines and government incentives encouraging domestic manufacturing. Furthermore, growing automation in Latin America and technological penetration in the Middle East & Africa are expected to open promising avenues during the forecast period.

Major market players included in this report are:

• ABB Ltd.
• Fanuc Corporation
• Mitsubishi Electric Corporation
• Siemens AG
• Komatsu Ltd.
• Yaskawa Electric Corporation
• KUKA AG
• DMG MORI Co., Ltd.
• Atlas Copco AB
• Magna International Inc.
• TRUMPF GmbH + Co. KG
• Toyota Industries Corporation
• Denso Corporation
• Nachi-Fujikoshi Corp.
• Bosch Rexroth AG

Global Automotive Manufacturing Equipment Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained above.

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of the competitive structure of the market.
• Demand side and supply side analysis of the market.