India Cnc Machining Centers And Turning Centers Market Size & Outlook
The cnc machining centers and turning centers market in India is expected to reach a projected revenue of US$ 1,536.0 million by 2030. A compound annual growth rate of 8.4% is expected of India cnc machining centers and turning centers market from 2025 to 2030.
Revenue, 2024 (US$M)
$947.3
Forecast, 2030 (US$M)
$1,536.0
CAGR, 2025 - 2030
8.4%
Report Coverage
India
India cnc machining centers and turning centers market, 2018-2030 (US$M)
Related Markets
India cnc machining centers and turning centers market highlights
- The India cnc machining centers and turning centers market generated a revenue of USD 879.0 million in 2023 and is expected to reach USD 1,536.0 million by 2030.
- The India market is expected to grow at a CAGR of 8.3% 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 879.0 million |
| Market revenue in 2030 | USD 1,536.0 million |
| Growth rate | 8.3% (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, India accounted for 3.4% 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 Asia Pacific, China cnc machining centers and turning centers market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,536.0 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 |
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India cnc machining centers and turning centers market size, by product, 2018-2030 (US$M)
India CNC Machining Centers and Turning Centers Market Outlook Share, 2024 & 2030 (US$M)
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