Automotive Manufacturing Equipment Market worth $41.70 billion by 2030 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., May 28, 2025 /PRNewswire/ -- The global automotive manufacturing equipment market is expected to be valued at USD 31.99 billion in 2025 and reach USD 41.70 billion by 2030, growing at a CAGR of 5.4% from 2025 to 2030 according to a new report by MarketsandMarkets™. The growing demand for electric and hybrid vehicles is driving automakers to upgrade their manufacturing processes with more advanced and specialized equipment. To support this shift, OEMs are increasingly adopting automation to enhance production speed, accuracy, and efficiency. This move toward smarter production is further strengthened by the rise of Industry 4.0 technologies, which integrate real-time data, AI, and connected systems into the manufacturing environment. Together, these trends are creating a strong push for modern and intelligent automotive manufacturing equipment.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=75023639

Browse in-depth TOC on "Automotive Manufacturing Equipment Market" 
120 – Tables
60 – Figures
210 – Pages

Automotive Manufacturing Equipment Market Report Scope:

CNC machine segment to account for largest share of automotive manufacturing equipment market during forecast period

The CNC machine segment is estimated to account for the largest share of the automotive manufacturing equipment market during the forecast period. This dominance is primarily due to the growing need for precision, efficiency, and repeatability in automotive component manufacturing. CNC machines are widely used for producing complex parts with high accuracy, such as engine components, transmission parts, and chassis elements. As vehicle designs become more advanced, especially with the rise of electric and hybrid vehicles, the demand for complex, high-tolerance components are increasing, further boosting the adoption of CNC technology. Additionally, the integration of CNC machines with automation and Industry 4.0 systems enhances productivity, reduces human error, and supports real-time monitoring. These advantages make CNC machines a critical part of modern automotive production lines, driving their continued market leadership.

Passenger vehicle segment projected to dominate the automotive manufacturing equipment market during the forecast period

The passenger vehicle segment is expected to maintain its dominance in the automotive manufacturing equipment market, driven by robust global production and rising consumer demand. According to the International Organization of Motor Vehicle Manufacturers (OICA), global passenger car production reached approximately 67.7 million units in 2024, accounting for about 73% of total vehicle production. This surge is fueled by increasing per capita income, urbanization, and the growing preference for personal mobility, especially in emerging economies. Automakers are responding by investing heavily in advanced manufacturing equipment to enhance production efficiency and accommodate new powertrain technologies, including electric vehicles. Additionally, favorable government policies and the availability of skilled labor in developing nations are attracting significant investments in automotive manufacturing infrastructure. These factors collectively reinforce the passenger vehicle segment's leading position in the automotive manufacturing equipment market.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=75023639

Asia Pacific to witness the highest CAGR in automotive manufacturing equipment market during forecast period

Asia Pacific is expected to be the fastest-growing automotive manufacturing equipment industry during the forecast period, driven by a combination of economic, demographic, and industrial factors. Rapid urbanization, rising disposable incomes, and a growing middle class are fueling strong demand for vehicles across key countries such as China, India, and Southeast Asian nations. As a result, automakers are expanding production capacities and upgrading facilities with advanced manufacturing technologies. The region also benefits from a large, cost-effective labor force and favorable government policies that support domestic manufacturing and foreign direct investments. In 2024, China alone produced over 31 million vehicles, underscoring its role as a global automotive manufacturing hub. Additionally, the accelerating adoption of electric vehicles (EVs) in the region is prompting OEMs to modernize equipment to accommodate new powertrain and assembly needs, further boosting the demand for advanced manufacturing solutions.

Key Players

The key players in the automotive manufacturing equipment companies includes ABB (Switzerland), FANUC CORPORATION (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd (Japan), AMADA CO., LTD. (Japan), AIDA ENGINEERING, LTD. (Japan), Dürr Group (Germany), Schuler Group (Germany), TRUMPF (Germany), Universal Robots (Denmark), Daifuku Co., Ltd. (Japan), and Yamazaki Mazak Corporation (Japan).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=75023639

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Smart Manufacturing Market - Edge Computing, Industrial 3D Printing, Robots, Sensor, Machine Vision, Artificial intelligence, Cybersecurity, Digital Twin, Private 5G, AGV, AMR, AR & VR, CAD, CAM, PLM, HMI, IPC, MES, WMS, and ERP - Global Forecast to 2029

Automotive Sensors Market by Sales Channel (OEM, Aftermarket), Type (Temperature, Pressure, Oxygen, Position, Speed, Inertial, Image, Level, Chemical Sensors), Vehicle Type (Passenger Car, LCV, HCV), Application, Region - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-manufacturing-equipment-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/automotive-manufacturing-equipment.asp

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets