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The Global CNC Metal Cutting Machine Market size is expected to reach $105.3 billion by 2025, rising at a market growth of 6.5% CAGR during the forecast period. CNC metal cutting machining is a manufacturing process in which pre-programmed computer software is used to control the movement of factory machines and equipment. The method is used to regulate the variety of complex devices, such as metal cutting, broaching, grinders, lathes and others. Such machines are commonly used for metal cutting operations to achieve the desired cutting of the metal workpiece. Plasma cutters, laser cutting devices, and fiber cutters are different kinds of metal cutting machines available across the market.

The expansion of manufacturing sectors and accelerated industrialization in developing countries like China and India are driving the growth of the CNC metal cutting machine industry. Furthermore, due to its advanced technology, laser metal cutting machines have gained significant importance because they provide a high degree of precision compared to traditional metal cutting machines. These factors are expected to have a positive impact on the growth of the CNC metal cutting machine industry. Nevertheless, the persistent fluctuations in foreign currency exchange tend to impede the profit margin of players in the CNC metal cutting machine market.

The growth in additive manufacturing drives the market for CNC machine tools. The shift of manufacturers towards a cost-effective and accelerated production process has resulted in increased acceptance of additive manufacturing. In addition, the growing popularity of heterogeneous material production capacity is also expected to result in market growth. Furthermore, the application of 3D printing in the consumer electronics, medical and automotive industries has resulted in the growth of the additive manufacturing industry. The drop in production time also results in an additional rise in the popularity of manufacturing among consumers.

Based on Type, the market is segmented into Machining Centers, Lathe Machines, Gear Cutting Machines, Laser Cutting Machines and Others. Based on End User, the market is segmented into Automotive, Electronics, Aerospace & Defense, Power & Energy and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The major strategies followed by the market participants are Acquisitions and Product launches. Based on the Analysis presented in the Cardinal matrix, Komatsu Ltd. and Amada Holdings Co., Ltd. are some of the forerunners in the CNC Metal Cutting Machine Market. Companies such as DMG Mori Seiki Co., Ltd., Lincoln Electric Holdings, Inc., Okuma Corporation, and Hurco Companies, Inc., Yamazaki Mazak Corporation, Mondragon Corporation are some of the key innovators in CNC Metal Cutting Machine Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hurco Companies, Inc., Lincoln Electric Holdings, Inc., Amada Holdings Co., Ltd., Komatsu Ltd., Okuma Corporation, DMG Mori Seiki Co. Ltd., Yamazaki Mazak Corporation, Dalian Machine Tool Group (DMTG) Corporation, Mondragon Corporation (Danobat Group), and Nissan Tanaka Corporation.

Market Segmentation:
By Type

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

By End User

  • Automotive
  • Electronics
  • Aerospace & Defense
  • Power & Energy
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • Hurco Companies, Inc.
  • Lincoln Electric Holdings, Inc.
  • Amada Holdings Co., Ltd.
  • Komatsu Ltd.
  • Okuma Corporation
  • DMG Mori Seiki Co. Ltd.
  • Yamazaki Mazak Corporation
  • Dalian Machine Tool Group (DMTG) Corporation
  • Mondragon Corporation (Danobat Group)
  • Nissan Tanaka Corporation