CNC Metal Cutting Machine Tools Market Research Report Information by Class (General, High End, Special), by Tool (Metal Cutting, Metal Forming), by Product (5-axis, 4-axis, 3-axis, 2-axis and Others) , by Machine Type (Conventional, Machining Centre, Turning Centre, Mill-Turn, Others), by Application (Automotive, Machinery, IT & Electronics, Aerospace, Defense, Shipbuilding, Energy (e.g., Oil & Gas), Medical Devices, Construction, Precision Engineering, Others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, South Am

Global CNC Metal Cutting Machine Tools Market Overview

The CNC Metal Cutting Machine Tools Market size was valued at USD 1,886.3 Billion in 2024. The CNC Metal Cutting Machine Tools Market industry is projected to grow from USD 1,994.87 Billion in 2025 to USD 3,995 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.2% during the forecast period (2025-2035).

The growing demand from industries and precision and time-efficiency offered by CNC metal cutting machine tools and use of cutting tools in manufacturing are driving the growth of the CNC Metal Cutting Machine Tools Market.

As per the Analyst at MRFR, Metal cutting has been a crucial part of the machine working and fabrication industry, which forms a vital industrial segment across the globe. The cutting tool industry has experienced some drastic changes in the last few decades in both technical and organizational perspectives. Automotive, aerospace, construction, electronics, and power generation are the key end users of the CNC metal cutting machine tools. 

The advanced and precise manufacturing and machining processes involve highly advanced techniques so that machining downtime and raw material waste can be reduced. This is projected to encourage industrial operations and maximize profits for end users across the globe, during the forecast period. 

The automotive sector has expanded in terms of electric vehicle (EV) sales. Macroeconomic development, effective and efficient vehicle manufacturing techniques, and a rise in the global middle-class consumers are responsible for the increase in EV sales. The sales of electric vehicles (EVs) are growing rapidly owing to the rising awareness regarding environmental protection and government subsidies and schemes. The awareness regarding the impact of gasoline vehicles on the environment has created a demand for electric vehicles globally.

FIGURE 1: CNC METAL CUTTING MACHINE TOOLS MARKET VALUE (2019-2035) USD BILLION

 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

CNC Metal Cutting Machine Tools Market Opportunity

GROWTH OF MANUFACTURING AND OTHER INDUSTRIES IN EMERGING ECONOMIES

The rise in the industrial hubs coupled with growing FDI in all major manufacturing sectors across the emerging economies such as China, India, Brazil, and Southeast Asian countries are projected to be lucrative markets for the CNC metal cutting machine tools during the forecast period. 

Emerging economies are being focused on by various foreign developers who intend to set up their businesses through FDI incentive schemes. This will indirectly boost the economic development in such a country and enhance industrialization. For instance, the Make in India campaign encourages FDI and tax benefits for the manufacturing sector in India. 

Besides, the Automotive Mission Plan 2016-2026 and the National Electric Mobility Mission Plan that promotes the adoption of electric vehicles is further expected to create lucrative opportunities for the market. Furthermore, such countries have evolved and restructured their manufacturing policies and procedures to attract investments and enable growth. 

Industrialization will certainly boost the automation process to ease operations and improve the overall efficiency of production, which is expected to drive the demand for CNC metal cutting machine tools. Thus, the growth of manufacturing and other industries in emerging economies is expected to create an opportunity for the market players during the forecast period

CNC Metal Cutting Machine Tools Market Segment Insights

CNC Metal Cutting Machine Tools System by Class Insights

Based on the Class, this segment includes General, High End, Special. The General segment dominated the global market in 2024, while the High End is projected to be the fastest–growing segment during the forecast period. General class CNC metal cutting machine tools are versatile, entry-level machines suitable for a broad range of applications. These machines are characterized by their adaptability to perform various tasks, making them a cost-effective choice for businesses that require flexibility. 

They are often used by small and medium-sized enterprises, contributing to the growth of diverse industries by providing essential metalworking capabilities. The applications of the general type of CNC machines are limited as the accuracy and machining flexibility offered by such machines are limited. However, their lower prices compared to the high-end and special types of CNC machines are driving the demand for general CNC metal cutting machine tools in small and medium capacity industries.

CNC Metal Cutting Machine Tools System by Tool Insights

Based on Tool, this segment includes Metal Cutting, Metal Forming. The Metal Cutting segment dominated the global market in 2024, while the Metal Forming segment is projected to be the fastest–growing segment during the forecast period. The metal cutting tool segment of the global CNC metal cutting machine tool market encompasses a wide array of precision machinery designed for removing excess material from workpieces, usually in the form of metals. 

This segment includes a diverse range of machines, from basic lathes to advanced multi-axis machining centers. It plays an important role in various industries, such as automotive, aerospace, and manufacturing. These machines are essential for creating intricate components with high precision, ensuring the Machine Typeion of high-quality parts in various applications.

CNC Metal Cutting Machine Tools System by Product Insights

Based on Product, this segment includes 5-axis, 4-axis, 3-axis, 2-axis and Others. The 3-Axis segment dominated the global market in 2024, while the others segment is projected to be the fastest–growing segment during the forecast period. 5-axis CNC metal cutting machines offer the highest level of precision and flexibility by allowing simultaneous movement along five axes. This configuration is ideal for producing complex, three-dimensional parts with intricate geometries, and it is extensively used in aerospace, medical devices, and precision engineering applications.

FIGURE 2: CNC METAL CUTTING MACHINE TOOLS MARKET SHARE BY PRODUCT 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

CNC Metal Cutting Machine Tools System by Machine Type Insights

Based on Machine Type, this segment includes Conventional, Machining Centre, Turning Centre, Mill-Turn, Others. The Turning Centre segment dominated the global market in 2024, while the Mill-Turn segment is projected to be the fastest–growing segment during the forecast period. Turning centers, also known as CNC lathes, are used to reduce the diameter of a workpiece, typically to a certain dimension, and produce a smooth finish part. They are indispensable for manufacturing cylindrical and tapered parts such as shafts, bolts, and custom components. Turning centers are utilized in applications ranging from automotive to aerospace and are essential for creating precision components with cylindrical features. 

Although the CNC turning centres may seem identical, they generally refer to a slightly different machine as such machines can face, threading, knurling, drilling, boring, reaming, and taper turning. The two types of turning centres include the vertical and horizontal turning centres. Vertical machines utilize gravity. However, horizontal CNC machines are more widely used.

CNC Metal Cutting Machine Tools System by Application Insights

Based on Application, this segment includes Automotive, Machinery, IT & Electronics, Aerospace, Defense, Shipbuilding, Energy (e.g., Oil & Gas), Medical Devices, Construction, Precision Engineering, Others. The Automotive segment dominated the global market in 2024, while the Precision Engineering and Others segment is projected to be the fastest–growing segment during the forecast period. The automotive sector is a major consumer of CNC metal cutting machines, utilizing them in the production of engine components, transmission parts, and body panels. CNC technology enhances the precision and efficiency of manufacturing processes in the automotive industry, leading to improved vehicle performance and safety.  

Automotive companies require many metal cutting machine tools for manufacturing various components. The automotive industry heavily focuses on automation to increase the rate of production and decrease the chances of human errors. Automation in the automotive industry requires utilization of the CNC metal cutting machine tools for ensuring precision while manufacturing complicated automotive parts. The recent boom in the sector of electric vehicle production is expected to propel the automotive segment in the CNC Metal Cutting Machine Tools Market during the forecast period.

CNC Metal Cutting Machine Tools System Regional Insights

Based on the Region, the global CNC Metal Cutting Machine Tools is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and South America. Major demand factors driving the Asia-Pacific market are the growing demand from industries and precision and time-efficiency offered by CNC metal cutting machine tools and use of cutting tools in manufacturing. The Asia-Pacific region is a dynamic and rapidly expanding market in the global CNC metal cutting machine tool industry. 

Countries like China, Japan, South Korea, and India play important roles in the regional market. The manufacturing powerhouses of China and Japan drive substantial demand for CNC metal cutting machines, especially in applications related to automotive, machinery, and electronics. The automotive industry in China is the largest in the world, and its robust growth fuels the need for high-precision CNC machines to meet the increasing demand for vehicles. 

Furthermore, Japan's emphasis on innovation and precision engineering makes it a significant consumer of CNC Cutting Machines , particularly in the production of electronic components and medical devices. South Korea's prominent shipbuilding and electronics sectors also rely on CNC technology for efficient production processes.  

The region's CNC market is marked by its rapid adoption of digitalization, automation, and the integration of artificial intelligence (AI) in manufacturing. The Asia-Pacific CNC metal cutting machine tool market is expected to continue its growth due to factors such as increasing industrialization, urbanization, and the ongoing pursuit of manufacturing excellence.

FIGURE 3: CNC METAL CUTTING MACHINE TOOLS MARKET VALUE BY REGION 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Further, the countries considered in the scope of the Application Tracking System Market are the US, Canada, Germany, UK, Italy, Spain, France, Russia, China, Japan, India, , South Korea, Thailand, Vietnam, Singapore, Malaysia, Philippines, Indonesia, Australia, New Zealand, Turkey, South Africa, GCC Countries, Saudi Arabia, Iran, Kenya, Nigeria, Brazil, Argentina, Chile, Peru, Colombia and others.

Global CNC Metal Cutting Machine Tools Key Market Players & Competitive Insights

Many global, regional, and local vendors characterize the CNC Metal Cutting Machine Tools Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.

The major players in the market include DMG MORI CO., LTD, DN SOLUTIONS, Okuma Corporation, Makino Inc., Yamazaki Mazak Corporation, Haas Automation, Inc, GROB-WERKE Gmbh & Co. KG, EMAG Gmbh & Co. KG, Shenyang Machine Tool Part Co. Ltd, Georg Fischer Ltd, are among others. The CNC Metal Cutting Machine Tools Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.

Key Companies in the CNC Metal Cutting Machine Tools Market include

• DMG MORI CO., LTD


• DN SOLUTIONS


• Okuma Corporation


• Makino Inc.


• Yamazaki Mazak Corporation


• Haas Automation, Inc


• GROB-WERKE Gmbh & Co. KG


• EMAG Gmbh & Co. KG


• Shenyang Machine Tool Part Co.


• Ltd, Georg Fischer Ltd

CNC Metal Cutting Machine Tools Market Industry Developments

September 2023: DMG MORI launched model at EMO in the form of the INH 63. The robust design of the 5-axis horizontal machining center guarantees long-term accurate production of complex components with workpiece weights of up to 1,000 kg. The working area is ø 1,070 x 1,000 mm. The maximum pallet size is 630 x 630 mm. INH 63 can be easily integrated into automated production systems, paving the way for the future of manufacturing. In addition, innovative equipment around the coolant supply ensures highly efficient and thus sustainable operation.

December 2021: DN Solutions launched GVX 2430 boasts a rapid traverse speed (X/Y/Z) of 60 / 60 / 30 m/min and dramatically reduced non-cutting time due to the improved acceleration/deceleration performance of the shaft system. All axes are lubricated with eco-friendly grease as a standard feature.

November 2020: Okuma Corporation developed and launched the highly efficient and accurate MCR-BV double column machining center for 5-face machining applications.

June 2018: Makino launched a500Z 5‑Axis Horizontal Machining Center to accommodate more complex part geometry challenges in a minimum number of works holding setups and machining operations.

CNC Metal Cutting Machine Tools Market Segmentation

CNC Metal Cutting Machine Tools by Class Outlook

• General


• High End


• Special

CNC Metal Cutting Machine Tools by Tool Outlook

• Metal Cutting


• Metal Forming

CNC Metal Cutting Machine Tools by Product Outlook

• 5- Axis


• 4- Axis


• 3-Axis


• 2-Axis


• Others

CNC Metal Cutting Machine Tools by Machine Type Outlook

• Conventional


• Machining Centre


• Turning Centre


• Mill-Turn


• Others

CNC Metal Cutting Machine Tools by Application Outlook

• Automotive


• Machinery


• IT & Electronics


• Aerospace


• Defense


• Shipbuilding


• Energy (e.g., Oil & Gas)


• Medical Devices


• Construction


• Precision Engineering


• Others

CNC Metal Cutting Machine Tools Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • France
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Thailand
  
  
  • Vietnam
  
  
  • Singapore
  
  
  • Malaysia
  
  
  • Philippines
  
  
  • Indonesia
  
  
  • Australia
  
  
  • New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Middle East & Africa
  
  
  
  • Turkey
  
  
  • South Africa
  
  
  • GCC Countries
  
  
  • Saudi Arabia
  
  
  • Iran
  
  
  • Kenya
  
  
  • Nigeria
  
  
  • Rest of MEA
  
  
  
  


• South America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Chile
  
  
  • Peru
  
  
  • Colombia
  
  
  • Rest of South America
  
  
  
  

Report Attribute/Metric	Details
Market Size 2024	USD 1,886.3 Billion
Market Size 2025	USD 1,994.87 Billion
Market Size 2035	USD 3,995 Billion
Compound Annual Growth Rate (CAGR)	7.2% (2025-2035)
Base Year	2024
Forecast Period	2025-2035
Historical Data	2019-2023
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Class, By Tool, By Product, By Machine Type, By Application
Geographies Covered	North America, Europe, Asia Pacific, Middle East & Africa, South America
Countries Covered	The US, Canada, Germany, UK, Italy, Spain, France, Russia, China, Japan, India, South Korea, Thailand, Vietnam, Singapore, Malaysia, Philippines, Indonesia, Australia, New Zealand, Turkey, South Africa, GCC Countries, Saudi Arabia, Iran, Kenya, Nigeria, Brazil, Argentina, Chile, Peru, Colombia.
Key Companies Profiled	DMG MORI CO., LTD, DN SOLUTIONS, Okuma Corporation, Makino Inc., Yamazaki Mazak Corporation, Haas Automation, Inc, GROB-WERKE Gmbh & Co. KG, EMAG Gmbh & Co. KG, Shenyang Machine Tool Part Co. Ltd, Georg Fischer Ltd
Key Market Opportunities	·         Growth of manufacturing and other industries in emerging economies ·         Evolution of internet of things (IOT)
Key Market Dynamics	·         Growing demand from industries ·         Precision and time-efficiency offered by CNC metal cutting machine tools ·         Use of cutting tools in manufacturing