Increasing Demand in Industrial Automation Globally Contributes Market Growth

Published: Mar 2024

Global computer numerical control machines market is anticipated to grow at a CAGR of 13.1% during the forecast period (2024-2031). The market growth is attributed to the growing technological advancement and increasing emphasis on industrial automation. With the emergence of Industry 4.0 and modern technologies such as robotics, AI, and machine learning, milling machines have evolved into smart, effective instruments that can carry out complex tasks. CNC machines make manufacturing processes more efficient and accurate, and automation integrates seamlessly. For instance, in September 2023, Siemens AG expanded its range of products and services with the "Digital Native" CNC Sinumerik One. With the new Sinumerik software version V6.22, there are new technology functions for the Sinumerik One that increase transparency in the machine, simplify operation, reduce machine wear, and increase performance.

Browse the full report description of “Computer Numerical Control Machines Market Size, Share & Trends Analysis Report by Type (Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines and Others), and by End User (Automotive, Aerospace & Defense, Construction Equipment, Power & Energy, Industrial and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/computer-numerical-control-machines-market

The increasing use of industrial robots, simulation software, and automated CNC systems to improve productivity. The automated CNC machine automation streamlines the manufacturing process. With the rise of combining this process with advanced robotics. For instance, in March 2021, FANUC America Corp. upgraded robotics and CNC integration for more efficient operations. FANUC CNCs now can control connected FANUC robots providing machine tending or other assistance through FANUC’s Robot and CNC Integration. The new Robot G-code feature allows operators and machine tool builders to program robots easily through the FANUC CNC in ISO standard G-code format.

With the advent of Industry 4.0 and modern technologies such as robotics, AI, and machine learning, milling machines have become smart, effective instruments that can carry out complex tasks. The increasing industrial automation in manufacturing processes results in more efficient and accurate productivity. For instance, in August 2021, Made4CNC ApS introduced an automated door opener for CNC machines named Safedoor SD100. Safedoor SD100 integrates easily with collaborative robots and offers greater convenience for tending machine operations. 

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Type

o By End-Users

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Mitsubishi Electric Corp., ROMI S.A., Siemens AG, SiTime Corp., and Sodick Inc., among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Computer Numerical Control Machines Market Report Segment

By Type

  • Lathe Machines
  • Milling Machines
  • Laser Machines
  • Grinding Machines
  • Welding Machines
  • Others (Winding Machines)

By End-Users

  • Automotive
  • Aerospace & Defense
  • Construction Equipment
  • Power & Energy
  • Industrial
  • Others (Metals & Mining)

Global Computer Numerical Control Machines Market Report Segment by Region

North America

United States

Canada 

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

The Middle East & Africa


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