CNC Machine Tools Global Market Report 2026

CNC (Computer Numerical Control) is a sophisticated manufacturing process that employs preprogrammed computer software to automate the control, movement, and precision of machine tools. This computerized manufacturing method efficiently regulates the operations of production equipment through coded instructions.

The primary products of CNC machine tools encompass milling machines, drilling machines, grinding machines, and other related equipment. Milling machines, for example, utilize rotating cutting tools to remove material from a workpiece held in place on a table or fixture. CNC milling machines find diverse applications in tasks such as shaping surface contours, milling profiles, and various cutting operations. These CNC machine tools work with materials such as aluminum, stainless steel, titanium, and others, serving industries such as automotive, general machinery, precision engineering, and transport machinery.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the CNC machine tools market by increasing the cost of imported spindles, servo motors, linear guides, controllers, and high-precision mechanical components. Manufacturing hubs in Asia-Pacific, particularly China, Japan, and South Korea, as well as Europe, are most affected due to cross-border supply chains. These tariffs are driving up machine prices, delaying capital investments, and impacting small and medium manufacturers. At the same time, tariffs are accelerating domestic production of CNC components, encouraging regional supplier ecosystems, and promoting innovation in cost-optimized machine tool designs.

The CNC machine tools market research report is one of a series of new reports from The Business Research Company that provides CNC machine tools market statistics, including CNC machine tools industry global market size, regional shares, competitors with a CNC machine tools market share, detailed CNC machine tools market segments, market trends and opportunities, and any further data you may need to thrive in the CNC machine tools industry. This CNC machine tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cnc machine tools market size has grown steadily in recent years. It will grow from $29.07 billion in 2025 to $30.38 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to expansion of automotive manufacturing, growth in industrial automation, increasing demand for precision components, rising use of cnc machines in mass production, availability of advanced machining software.

The cnc machine tools market size is expected to see strong growth in the next few years. It will grow to $37.27 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing adoption of smart factories, rising investments in advanced manufacturing, expansion of electric vehicle production, growing demand for customized components, increasing integration of ai-driven machining analytics. Major trends in the forecast period include increasing adoption of multi-axis cnc machines, rising demand for high-precision machining solutions, growing integration of iot-enabled cnc systems, expansion of automated tool change and monitoring capabilities, enhanced focus on energy-efficient machining.

The expansion of manufacturing activities is expected to drive the growth of the CNC machine tool market in the coming years. Manufacturing activities involve transforming raw materials, components, or parts into finished products for sale to consumers or use in other industries. CNC (computer numerical control) machine tools facilitate the automation of equipment control, precision, and movement through integrated software. As manufacturing activities expand, reliance on CNC machine tools increases. For example, according to a September 2024 report by the National Association of Manufacturers (NAM), a U.S.-based advocacy group, value-added output in manufacturing grew from an annual rate of $2.881 trillion in the first quarter to $2.910 trillion in the second quarter of 2024. In the second quarter, manufacturing accounted for 10.0% of the total value-added output in the U.S. economy. Additionally, real value-added output in the sector rose from $2.337 trillion to $2.384 trillion over the same period. Therefore, growth in manufacturing activities is driving demand for CNC machine tools.

Key players in the CNC machine tool industry are pursuing strategic partnerships to leverage complementary expertise, broaden market reach, and accelerate innovation in technology and solutions. Strategic partnerships involve companies combining strengths and resources to achieve mutual benefits. For instance, in April 2023, Mitsubishi Electric India Pvt. Ltd., an India-based commercial company, partnered with SolidCAM, a U.S.-based provider of CAM software for CNC machining and digital manufacturing solutions. Through such collaborations, these companies aim to advance CNC technology, giving Mitsubishi Electric CNC solutions a competitive advantage and positioning them as a preferred choice among end users, fostering industry growth and innovation.

In February 2023, CORE Industrial Partners LLC, a private equity firm based in the U, successfully completed the acquisition of D&R Machine Company for an undisclosed amount. This strategic move significantly enhances Cadrex's North American footprint, leading to an expansion to 21 facilities. This expansion includes specialized aerospace and defense manufacturing sites strategically located on both the East and West coasts, in addition to the Midwest region. D&R Machine Company, the acquired entity, specializes in providing CNC precision machining solutions tailored for the aerospace and defense market.

Major companies operating in the cnc machine tools market are Amada Co. Ltd., Yamazaki Mazak Corporation, DMG MORI CO. LTD., TRUMPF Group, Dalian Machine Tool Group Corporation, Haas Automation Inc., Okuma Corporation, Shenyang Machine Tool Co. Ltd., Hurco Companies Inc., JTEKT Corporation, Makino Milling Machine Co. Ltd., GROB-WERKE GmbH & Co. KG., Doosan Machine Tools Co. Ltd., Haitian Precision Machinery Co. Ltd., Gleason Corporation, FANUC Corporation, GF Machining Solutions Management SA, Chiron Group, Komatsu NTC Ltd., Schuler AG, INDEX-Werke GmbH & Co. KG Hahn & Tessky, Hardinge Inc., Gosiger Tools Inc., Elite Tool Engineering Inc., Central Machinery Tools Inc., Detroit Machine Tools, Hermle Inc., Mitsubishi Electric Power Products Inc., Nakamura-Tome Precision Engineering Co. Ltd.

Asia-pacific was the largest region in the CNC machine tools market in 2025. The regions covered in the cnc machine tools market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the cnc machine tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The CNC machine tools market consists of sales of CNC turning machines, CNC laser machines, and CNC electric discharge machines (EDM). 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.

CNC Machine Tools Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses cnc machine tools market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for cnc machine tools ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cnc machine tools market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Milling Machines; Drilling Machines; Grinding Machines; Other Product Types
• 2) By Material: Aluminum; Stainless steel; Titanium; Other Material
• 3) By Application: Automotive; General Machinery; Precision Engineering; Transport Machinery; Other Applications
• Subsegments:
• 1) By Milling Machines: Vertical Milling Machines; Horizontal Milling Machines; Universal Milling Machines; CNC Bed Type Milling Machines; CNC Gantry Milling Machines
• 2) By Drilling Machines: CNC Vertical Drilling Machines; CNC Horizontal Drilling Machines; CNC Radial Drilling Machines; CNC Deep Hole Drilling Machines; CNC Multi-Spindle Drilling Machines
• 3) By Grinding Machines: CNC Surface Grinding Machines; CNC Cylindrical Grinding Machines; CNC Tool And Cutter Grinding Machines; CNC Internal Grinding Machines; CNC Centerless Grinding Machines
• 4) By Other Product Types: CNC Lathes; CNC Plasma Cutting Machines; CNC Laser Cutting Machines; CNC Electric Discharge Machines (EDM); CNC Waterjet Cutting Machines
• Companies Mentioned: Amada Co. Ltd.; Yamazaki Mazak Corporation; DMG MORI CO. LTD.; TRUMPF Group; Dalian Machine Tool Group Corporation; Haas Automation Inc.; Okuma Corporation; Shenyang Machine Tool Co. Ltd.; Hurco Companies Inc.; JTEKT Corporation; Makino Milling Machine Co. Ltd.; GROB-WERKE GmbH & Co. KG.; Doosan Machine Tools Co. Ltd.; Haitian Precision Machinery Co. Ltd.; Gleason Corporation; FANUC Corporation; GF Machining Solutions Management SA; Chiron Group; Komatsu NTC Ltd.; Schuler AG; INDEX-Werke GmbH & Co. KG Hahn & Tessky; Hardinge Inc.; Gosiger Tools Inc.; Elite Tool Engineering Inc.; Central Machinery Tools Inc.; Detroit Machine Tools; Hermle Inc.; Mitsubishi Electric Power Products Inc.; Nakamura-Tome Precision Engineering Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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