Global Cnc Router Machine Market Size & Outlook, 2023-2030
The cnc router machine industry worldwide is expected to reach a projected revenue of US$ 877.1 million by 2030. A compound annual growth rate of 3.5% is expected of the worldwide cnc router machine industry from 2024 to 2030.
Revenue, 2023 (US$M)
$691.0
Forecast, 2030 (US$M)
$877.1
CAGR, 2024 - 2030
3.5%
Report Coverage
Worldwide
Global cnc router machine market, 2018-2030 (US$M)
Global cnc router machine market highlights
- The global cnc router machine market generated a revenue of USD 691.0 million in 2023 and is expected to reach USD 877.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.5% by 2030.
- In terms of segment, moving-gantry cnc routers accounted for a revenue of USD 691.0 million in 2023.
- Moving-Gantry CNC Routers is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 691.0 million |
| Market revenue in 2030 | USD 877.1 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Moving-gantry cnc routers |
| Fastest growing segment | Moving-Gantry CNC Routers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Moving-Gantry CNC Routers |
Other key industry trends
- In terms of revenue, the North America accounted for 16.9% of the global cnc router machine market in 2023.
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CNC Router Machine Market Scope
Cnc router machine market segmentation & scope
Application
Woodworking
Metalworking
Plastic Fabrication
Other
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
Japan
India
South Korea
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
CNC Router Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cnc router machine market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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