Market Overview
The Woodworking Machine Market is expected to experience a substantial CAGR (growth rate) of approximately 3.9% during the forecast period, according to the MRFR analysis.

Technological advancements and changing consumer preferences are propelling the woodworking machine market through a substantial transformation. The incorporation of computer numerical control (CNC) and sophisticated software into woodworking machines has significantly improved their precision, efficiency, and adaptability, rendering them essential for contemporary manufacturing processes.

The growing prominence of DIY projects, the increasing adoption of sustainable materials, and the increasing demand for customized furniture are among the key market drivers. In addition, the construction industry’s expansion is generating new opportunities for woodworking machinery.
Recently, the woodworking machine market has experienced the emergence of self-optimization features, enhanced user interfaces, and the development of machines that are tailored to specific industry verticals. The market is also being transformed by the adoption of automation and robotics, which is allowing manufacturers to reduce production costs and increase productivity. Furthermore, manufacturers are increasingly emphasizing the importance of safety features and ergonomics, as they prioritize the well-being of operators and ensure compliance with industry regulations.

Market segment insights

  • Planers, jointers, table saws, milling machines, and boring machines comprise the Woodworking Machine Market segmentation by machine type. In 2023, the Table Saws segment accounted for over 25% of the Woodworking Machine Market revenue, securing the largest market share among these segments.
  • Electric, hydraulic, and pneumatic comprise the market segmentation by power source. The Electric segment dominated the market in 2023 and is expected to continue to do so throughout the forecast period.
  • Furniture Making, Construction, Musical Instrument Production, Specialty Woodworking, and other applications comprise the Woodworking Machine Market.
  • Manual, semi-automatic, and automatic devices comprise the automation level segment of the market.
  • Benchtop, floor-standing, and large-scale woodworking machines are the three categories into which the woodworking machine market is divided based on size.


Regional Market Insights
North America, Europe, APAC, South America, and MEA comprise the Woodworking Machine Market. North America, with a revenue of USD 20.5 billion in 2023, possesses the greatest market share among these regions. The woodworking machine market in North America is being driven by the region’s well-established construction industry and the growing demand for customized furniture. In 2023, Europe’s market value was USD 17.8 billion, following that of North America.

The market is experiencing development as a result of the region’s emphasis on technological advancements and automation. The rising disposable income and urbanization in the region are anticipated to drive significant growth in the APAC region during the forecast period, with a projected market value of USD 35.2 billion by 2032. South America and MEA are also anticipated to contribute to the Woodworking Machine Market’s overall growth, albeit at a sluggish pace.

Major Players
PorterCable, Bosch, Weinig, Biesse, Ridgid, Metabo, Homag, SCM Group, Bosch, Festool, Dewalt, Makita, Hilti, HolzHer, Milwaukee, and Morbidelli are major players in the woodworking machine market.