CNC Machine Center Market is projected to grow at a 5.86% CAGR, increasing from USD 6.306 billion in 2025 to USD 8.874 billion in 2031.
CNC machine centers are precision machining centers that use computerized numerically controlled milling machines. These machines are intended to perform a variety of operations in a single setup, such as milling, drilling, boring, tapping, and reaming. CNC machine centers come in a variety of configurations, including horizontal machining centers (HMCs), vertical machining centers (VMCs), and five-axis machines. The rising defense sector investments and increasing automotive production served as important factors behind the CNC machine center market growth.
Rising defense investments fuel the growth of the CNC machine center market.
In the defense industry, CNC machining is commonly used to produce high-precision equipment for aerospace systems, weapon systems, armour, vehicle components, communication, and electronics equipment. Major investments are being made in the defense sector to achieve advanced vehicle & weaponry systems, which is fuelling growth in the CNC machine center market demand. For instance, capital investments for defense services modernization and infrastructure development increased to INR 1,62,600 crores in the Union Budget 2023-2024, representing a 6.7% increase over the financial year 2022-2023.
Increasing automotive production drives the CNC machine center market growth.
CNC machine centers provide high precision and accuracy in machining processes. In the automotive industry, where extreme accuracy and precision are required for components such as engine parts, transmission components, and chassis elements, CNC machining assures the production of high-quality and consistent parts. The booming demand for advanced vehicles, coupled with growing EV applications, has positively impacted overall automotive production globally, which is anticipated to increase the adoption of CNC machines in the automotive sector. For instance,, according to the International Organization of Motor Vehicle Manufacturers (OICA), there were a total of 8,50,16,728 units produced in 2022, an increase of 6% compared to the financial year 2021.
Technology advancements in CNC machines accelerated the CNC machine center market expansion.
Continuous technology advancements in CNC machines have pushed the CNC machine center market growth. Recently, intelligent servo drive technology has been installed in CNC machines, which enables automatic load identification and servo system parameter adjustment, thereby increasing the efficiency and adaptability of CNC machines. Such advancements, coupled with growing demand and emphasis on improving precision & complex part manufacturing, are expected to create a surge in the CNC machine demand & usage. Additionally, in March 2021, Yaskawa introduced the AC Servo Drive -X Series to increase customer value by providing the industry's best motion performance and digital data solution.
Asia Pacific is anticipated to dominate the CNC machine center market.
Asia Pacific is expected to account for a considerable share of the CNC machine center market owing to the region’s robust growth in automotive production. Major APAC nations, namely China and India, are among the leading automotive manufacturing countries, and with rapid urbanisation, technological advancements, and favourable investment inflows, automotive manufacturing is experiencing positive growth in such nations. For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), in 2022, automotive production in China reached 27.02 million units, whereas India recorded 5.45 million units, which represented 24% in India and 3% in China compared to the financial year 2021.
High cost and maintenance will restrain the growth of the CNC machine center market
The cost of CNC machining equipment and specialized software required for complex parts can be high, making it difficult for businesses with limited budgets to adopt CNC machines. Moreover, the complexity of CNC parts and installation further raises the overall maintenance cost. These elements may limit the growth of the CNC machine center market.
Mycenter-3020G, 15k Sparkchanger Vertical Machining Center- Kitamura Machinery’s Mycenter-3020G 15k Sparkchanger Vertical Machining Center features an 80-degree 2-station rotating pallet changer, which is ideal for high-volume production. It is an exceptional solution that meets a wide range of machining requirements. This system is well-suited for a wide range of applications, including heavy-duty mold cutting and high-speed, precision cutting of intricate parts.
MCB-850- Avemax Industrial Co. Ltd’s “MCB-850 VMC” rigid headstock moves directly on the column without the use of an extra bracket. Its slideways have all been hardened and ground for increased durability. All essential castings are made of high-grade Meehanite cast iron that has been stressed and relieved to provide a rigid machine structure.
CNC Machine Center Market Segmentation
By Type
Vertical
Horizontal
By Axis Type
3 Axis
4 Axis
5 Axis
By End-User
Automotive
Aerospace & Defense
Electronics
Manufacturing
Energy & Power
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Others