Asia Pacific Cnc Router Machine Market Size & Outlook
The cnc router machine market in Asia Pacific is expected to reach a projected revenue of US$ 442.0 million by 2030. A compound annual growth rate of 4.3% is expected of Asia Pacific cnc router machine market from 2024 to 2030.
Revenue, 2023 (US$M)
$328.8
Forecast, 2030 (US$M)
$442.0
CAGR, 2024 - 2030
4.3%
Report Coverage
Asia Pacific
Asia Pacific cnc router machine market, 2018-2030 (US$M)
Asia Pacific cnc router machine market highlights
- The Asia Pacific cnc router machine market generated a revenue of USD 328.8 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, moving-gantry cnc routers was the largest revenue generating type in 2023.
- Moving-Gantry CNC Routers is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 328.8 million |
| Market revenue in 2030 | USD 442.0 million |
| Growth rate | 4.3% (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 |
| Key market players worldwide | Andersons Inc, Exelixis Inc, TomTom NV |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 47.6% of the global cnc router machine market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 442.0 million by 2030.
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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 |
|---|
Asia Pacific cnc router machine market
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