Canada Cnc Machining Centers And Turning Centers Market Size & Outlook
The cnc machining centers and turning centers market in Canada is expected to reach a projected revenue of US$ 573.9 million by 2030. A compound annual growth rate of 5.7% is expected of Canada cnc machining centers and turning centers market from 2025 to 2030.
Revenue, 2024 (US$M)
$420.7
Forecast, 2030 (US$M)
$573.9
CAGR, 2025 - 2030
5.7%
Report Coverage
Canada
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Canada cnc machining centers and turning centers market highlights
- The Canada cnc machining centers and turning centers market generated a revenue of USD 401.0 million in 2023 and is expected to reach USD 573.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, machining center was the largest revenue generating product in 2023.
- Machining Center is the most lucrative product segment registering the fastest growth during the forecast period.
Cnc machining centers and turning centers market data book summary
| Market revenue in 2023 | USD 401.0 million |
| Market revenue in 2030 | USD 573.9 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Machining center |
| Fastest growing segment | Machining Center |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Machining Center, Turning Machine |
| Key market players worldwide | AMADA Co Ltd, Novartis AG ADR, Dmg Mori Co Ltd, DN Solutions, Georg Fischer AG, JTEKT Corp, Komatsu Ltd, Makino Milling Machine Co Ltd, Okuma Corp, Hurco Companies Inc, General Technology Group Dalian Machine Tool Co., Amera-Seiki, Haas Automation, Datron AG |
Other key industry trends
- In terms of revenue, Canada accounted for 1.5% of the global cnc machining centers and turning centers market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cnc machining centers and turning centers market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 573.9 million by 2030.
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CNC Machining Centers and Turning Centers Market Scope
Cnc machining centers and turning centers market segmentation & scope
CNC Machining Centers and Turning Centers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Haas Automation | View profile | 1001-5000 | Oxnard, California, United States, North America | http://haascnc.com |
| Amera-Seiki | View profile | 1-10 | Texas, South Carolina, United States, North America | https://www.ameraseikicnc.com |
| General Technology Group Dalian Machine Tool Co. | View profile | 5001-10000 | Dalian, Zhejiang, China, Asia | http://www.dmtg.com/ |
| Makino Milling Machine Co Ltd | View profile | 4692 | 3-19 Nakane 2-chome, Meguro-ku, Tokyo, Japan, 152-8578 | http://www.makino.co.jp |
| DN Solutions | View profile | - | https://www.dn-solutions.com | |
| Datron AG | View profile | 251-500 | Milford, New Hampshire, United States, North America | https://www.datron.de/ |
| Hurco Companies Inc | View profile | 716 | One Technology Way, Indianapolis, IN, United States, 46268 | https://www.hurco.com |
| Okuma Corp | View profile | 4289 | 5-25-1 Shimo-Oguchi, Ohguchi-cho Niwa-gun, Aichi, Japan, 480-0193 | http://www.okuma.co.jp |
| JTEKT Corp | View profile | 51087 | No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, Japan, 450-8515 | http://www.jtekt.co.jp |
| Georg Fischer AG | View profile | 19824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | https://www.georgfischer.com |
| AMADA Co Ltd | View profile | 8958 | 200, Ishida, Kanagawa Prefecture, Isehara, Japan, 259-1196 | https://www.amada.co.jp |
| Dmg Mori Co Ltd | View profile | 13484 | 2-35-16 Meieki, Nakamura-ku, Aichi, Nagoya City, Japan, 450-0002 | https://www.dmgmori.co.jp |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
| Novartis AG ADR | View profile | 76057 | Lichtstrasse 35, Basel, Switzerland, 4056 | https://www.novartis.com |
Canada cnc machining centers and turning centers market size, by product, 2018-2030 (US$M)
Canada CNC Machining Centers and Turning Centers Market Outlook Share, 2024 & 2030 (US$M)
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