India Computer Numerical Control Machines Market Size & Outlook
India computer numerical control machines market, 2017-2030 (US$M)
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India computer numerical control machines market highlights
- The India computer numerical control machines market generated a revenue of USD 5,580.7 million in 2023 and is expected to reach USD 14,963.4 million by 2030.
- The India market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, lathe machines was the largest revenue generating type in 2023.
- Milling Machines is the most lucrative type segment registering the fastest growth during the forecast period.
Computer numerical control machines market data book summary
| Market revenue in 2023 | USD 5,580.7 million |
| Market revenue in 2030 | USD 14,963.4 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Lathe machines |
| Fastest growing segment | Milling Machines |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lathe Machines, Milling Machines, Laser Machines, Grinding Machines, Welding Machines, Winding Machines |
| Key market players worldwide | AMADA Co Ltd, Amera-Seiki, Dmg Mori Co Ltd, General Technology Group Dalian Machine Tool Co., Datron AG, Fanuc Corp, Haas Automation, Hurco Companies Inc, Mitsubishi Electric Corp, Okuma Corp, Yamazaki Mazak |
Other key industry trends
- In terms of revenue, India accounted for 8.4% of the global computer numerical control machines market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China computer numerical control machines 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 14,963.4 million by 2030.
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Computer Numerical Control Machines Market Scope
Computer Numerical Control Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
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India computer numerical control machines market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to computer numerical control machines market will help companies and investors design strategic landscapes.
Lathe machines was the largest segment with a revenue share of 28.07% in 2023. Horizon Databook has segmented the India computer numerical control machines market based on lathe machines, milling machines, laser machines, grinding machines, welding machines, winding machines covering the revenue growth of each sub-segment from 2017 to 2030.
- India Computer Numerical Control Machines Type Outlook (Revenue, USD Million, 2017-2030)
- Lathe Machines
- Milling Machines
- Laser Machines
- Grinding Machines
- Welding Machines
- Winding Machines
- Others
- India Computer Numerical Control Machines End Use Outlook (Revenue, USD Million, 2017-2030)
- Automotive
- Aerospace & Defense
- Construction Equipment
- Power & Energy
- Industrial
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the India computer numerical control machines market , including forecasts for subscribers. This country databook contains high-level insights into India computer numerical control machines market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India computer numerical control machines market size, by type, 2017-2030 (US$M)
India Computer Numerical Control Machines Market Outlook Share, 2023 & 2030 (US$M)
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