Global CNC Machine Tools Market Growth 2022-2028

As the global economy mends, the 2021 growth of CNC Machine Tools will have significant change from previous year. According to our (LP Information) latest study, the global CNC Machine Tools market size is USD million in 2022 from USD 22090 million in 2021, with a change of % between 2021 and 2022. The global CNC Machine Tools market size will reach USD 34640 million in 2028, growing at a CAGR of 6.6% over the analysis period.
The United States CNC Machine Tools market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global CNC Machine Tools market, reaching US$ million by the year 2028. As for the Europe CNC Machine Tools landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main CNC Machine Tools players cover Yamazaki Mazak, DMG Mori Seiki, TRUMPF, and Okuma Corporation, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of CNC Machine Tools market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
CNC Lathe
CNC Milling Machine
CNC Grinding Machine
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Automobile
Machinery Manufacturing
Aerospace & Defense
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Yamazaki Mazak
DMG Mori Seiki
TRUMPF
Okuma Corporation
JTEKT Corporation
Makino
GROB-WERKE
Doosan Machine Tools
Haas Automation
GF Machining Solutions
EMAG
Hyundai WIA
Chiron Group
Hermle
Fair Friend Group
Starrag Group
INDEX-Werke
MHI Machine Tool
Hardinge Group
Hurco
Haitian Precision
TORNOS
Qinchuan
Rifa Precision