CNC Milling Machines Size Analysis and Top Companies
The global CNC milling machines market size is anticipated to reach around USD 113 billion by 2033 from USD 79 billion in 2023, growing at a CAGR of 3.64% from 2024 to 2033. The top companies operating in the CNC milling machines market are Doosan, F-Zimmermann, DMG MORI SEIKI, HYUNDAI WIA, Gleason Corporation, GF Machining Solutions Management, Haas Automation, The CHIRON Group, GROB-WERKE, and Others.
CNC Milling Machines Market Scope
| Report Coverage |
Details |
| Growth Rate from 2024 to 2033 |
CAGR of 3.64% |
| Global Market Size in 2023 |
USD 79 Billion |
| Global Market Size in 2024 |
USD 81.88 Billion |
| Global Market Size by 2033 |
USD 113 Billion |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2024 to 2033 |
| Segments Covered |
By Product Type, By Axis Type, and By End-User |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
CNC Milling Machines Key Players
- Doosan
- F-Zimmermann
- DMG MORI SEIKI
- HYUNDAI WIA
- Gleason Corporation
- GF Machining Solutions Management
- Haas Automation
- The CHIRON Group
- GROB-WERKE
Recent Developments
- In February 2023, Shilpin Machine Tools Pvt. Ltd, which is a key player in the CNC machine tool manufacturing, organized its 13th exhibition, DIE AND MOULD INDIA 2024. The event was scheduled from 14th February to 17th february, at Bombay Exhibition Center in Goregaon, Mumbai. In this exhibition, the founder and director of Shilpin Machine Tools, Abhay Deshmukh, addressed the challenges that are faced regarding polishing and machining. The event also saw the launch of highly precise machine Acuka.
- In August 2023, CGTech, a leading CNC machine simulation software, announced the launch of their latest version of VERICUT, VERICUT 9.4. It will offer some excellent fatures compared to the old version. CGTech has provided solutions in a wide range of domains, incluuding aerospace, oil and gas, and medical technology. The new version of VERICUT enables the best use of resources. The software has a ToolsUnited interface, which gives access to 40 tool manufacturers, and an improved tool data.
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