CNC Machining centres are high precision machine tools manufacturing different machine components required in various application areas such as automotive, construction, agriculture, medical, aerospace, and other industries. Machining centres are the equipment used to manufacture machining metal parts and components. Machining centres are capable of performing drilling, milling, and turning operations in a single machinery unit.
In this report, we only study 4-Axis Machining Centre and 5-Axis Machining Centre
Source: Secondary Sources and QYResearch, 2021
According to the new market research report “Global CNC Machine Center Market Report 2023-2029”, published by QYResearch, the global CNC Machine Center market size is projected to reach USD 15 billion by 2029, at a CAGR of 5.8% during the forecast period.
Figure. Global CNC Machine Center Market Size (US$ Million), 2018-2029
Based on or includes research from QYResearch: Global CNC Machine Center Market Report 2023-2029.
Figure. Global CNC Machine Center Top 5 Players Ranking and Market Share（Continually updated）
Based on or includes research from QYResearch: Global CNC Machine Center Market Report 2023-2029.
The global key manufacturers of CNC Machine Center include Yamazaki Mazak, DMG Mori Seiki, GROB-WERKE, Makino, Okuma Corporation, Haas Automation, Doosan Machine Tools, Hermle, JTEKT Corporation, Chiron Group, etc. In 2021, the global top five players had a share approximately 36.0% in terms of revenue.
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