Vertical Machining Center - Cnc Machining Centers And Turning Centers Market Statistics
The global vertical machining center cnc machining centers and turning centers market size was valued at US$ 7,507.1 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030.
Vertical machining center: Global cnc machining centers and turning centers market statistics, 2018-2030 (US$M)
Related Statistics
Vertical Machining Center - Cnc machining centers and turning centers market highlights
- The global vertical machining center segment generated a revenue of USD 7,507.1 million in 2024 and is expected to reach USD 11,158.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.9% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Market summary
| Market revenue in 2024 | USD 7,507.1 million |
| Market revenue in 2030 | USD 11,158.2 million |
| Growth rate | 6.9% (CAGR from 2025 to 2030) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
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CNC Machining Centers and Turning Centers Market Scope
Cnc machining centers and turning centers market segmentation & scope
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