
NEW YORK, June 27, 2023 /PRNewswire/ -- According to projections, the market size for CNC vertical machining centers will grow by USD 1,130.34 million. Advanced manufacturing procedures are being developed in the industrial machinery sector and is one of the factors driving the market for CNC vertical machining centers. Other factors such as Increasing demand for fabricated goods are also expected to increase demand. Between 2022 and 2027, the market for CNC vertical machining centers is forecasted to expand at a CAGR of 5.37%.
CNC vertical machining centers market report goes into great detail about market segmentation by application (automotive, aerospace, metal fabrication, and others), product (less than 5-axis and 5-axis or more), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
CNC Vertical machining centers market trends
A six-axis CNC machine is revolutionizing machining operations and is emerging as an important trend in the market. Growing demand from major end-users such as automotive, aerospace, and metal fabrication has spurred CNC vertical machine manufacturers to innovate and incorporate technical advancements.
Know more about the trends such as the rise of self-driving and electrified vehicles along with market challenges. Click here to get the sample report!
CNC Vertical machining centers landscape & market vendors
The market study covers the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on penetration-based adoption rates in various regions. Furthermore, the research offers important buying criteria and price sensitivity drivers to assist businesses in evaluating and developing their growth strategy.
Major market vendors
The market is driven by the presence of several global and regional vendors, such as Emmegi S.p.A. and Bharat Fritz Werner Ltd. To assist clients in understanding the larger business environment as well as the strengths and weaknesses of important market competitors, qualitative and quantitative vendor analysis has been undertaken. Data is assessed qualitatively to classify suppliers as pure play, category-focused, industry-focused, and diversified, and statistically to classify vendors as dominant, leading, robust, tentative, and weak.
Learn more about vendors such as Haas Automation Inc., DMG MORI Co. Ltd., DN Solutions Co. Ltd., Gebr. Heller Maschinenfabrik GmbH, and other vendors in the market. Click here to get sample reports for more insights!
Regional insights
During the projected period, APAC is expected to contribute 39% to worldwide market growth. The region's rising population has increased demand for a variety of consumables and other commodities, prompting firms to expand their production capacity through the expansion of existing manufacturing facilities or the construction of new ones equipped with cutting-edge machinery. China dominates the regional market in terms of CNC vertical machine production and consumption worldwide.
Analysts at Technavio have thoroughly discussed the geographical trends and factors that will affect the market throughout the projected period.
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CNC Vertical Machining Centers Market Scope |
|
Report Coverage |
Details |
Page number |
168 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.37% |
Market growth 2023-2027 |
USD 1,130.34 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.7 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 39% |
Key countries |
US, China, Japan, Germany, and Italy |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Bharat Fritz Werner Ltd., DMG MORI Co. Ltd., DN Solutions Co. Ltd., Emmegi S.p.A., Gebr. Heller Maschinenfabrik GmbH, Haas Automation Inc., Hurco Companies Inc., Jiuh Yeh Precision Machinery Co. Ltd., Jyoti CNC Automation Ltd., Komatsu Mining Corp., Makino Milling Machine Co. Ltd., Maxmill Machinery Co. Ltd., Micromatic Machine Tools Pvt. Ltd., Mitsubishi Electric Corp., Okuma Corp., SCM GROUP Spa, Shandong Luzhong Machine Tool Co. Ltd., Shenyang Yiji Machine Tool Sales Co. Ltd., TONGTAI MACHINE and TOOL Co. Ltd., and Yamazaki Mazak Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global CNC vertical machining centers market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global CNC vertical machining centers market 2017 - 2021 ($ million)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Automotive - Market size and forecast 2022-2027
- Exhibit 34: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Automotive - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
- 6.4 Aerospace - Market size and forecast 2022-2027
- Exhibit 38: Chart on Aerospace - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Aerospace - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Aerospace - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Aerospace - Year-over-year growth 2022-2027 (%)
- 6.5 Metal fabrication - Market size and forecast 2022-2027
- Exhibit 42: Chart on Metal fabrication - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Metal fabrication - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Metal fabrication - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Metal fabrication - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Application
- Exhibit 50: Market opportunity by Application ($ million)
- Exhibit 51: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 52: Chart on Product - Market share 2022-2027 (%)
- Exhibit 53: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 54: Chart on Comparison by Product
- Exhibit 55: Data Table on Comparison by Product
- 7.3 Less than 5-axis - Market size and forecast 2022-2027
- Exhibit 56: Chart on Less than 5-axis - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Less than 5-axis - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Less than 5-axis - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Less than 5-axis - Year-over-year growth 2022-2027 (%)
- 7.4 5-axis or more - Market size and forecast 2022-2027
- Exhibit 60: Chart on 5-axis or more - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on 5-axis or more - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on 5-axis or more - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on 5-axis or more - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Product
- Exhibit 64: Market opportunity by Product ($ million)
- Exhibit 65: Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 Italy - Market size and forecast 2022-2027
- Exhibit 107: Chart on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Italy - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Italy - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 117: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 12.3 Bharat Fritz Werner Ltd.
- Exhibit 119: Bharat Fritz Werner Ltd. - Overview
- Exhibit 120: Bharat Fritz Werner Ltd. - Product / Service
- Exhibit 121: Bharat Fritz Werner Ltd. - Key offerings
- 12.4 DMG MORI Co. Ltd.
- Exhibit 122: DMG MORI Co. Ltd. - Overview
- Exhibit 123: DMG MORI Co. Ltd. - Business segments
- Exhibit 124: DMG MORI Co. Ltd. - Key offerings
- Exhibit 125: DMG MORI Co. Ltd. - Segment focus
- 12.5 DN Solutions Co. Ltd.
- Exhibit 126: DN Solutions Co. Ltd. - Overview
- Exhibit 127: DN Solutions Co. Ltd. - Product / Service
- Exhibit 128: DN Solutions Co. Ltd. - Key offerings
- 12.6 Emmegi S.p.A.
- Exhibit 129: Emmegi S.p.A. - Overview
- Exhibit 130: Emmegi S.p.A. - Product / Service
- Exhibit 131: Emmegi S.p.A. - Key offerings
- 12.7 Gebr. Heller Maschinenfabrik GmbH
- Exhibit 132: Gebr. Heller Maschinenfabrik GmbH - Overview
- Exhibit 133: Gebr. Heller Maschinenfabrik GmbH - Product / Service
- Exhibit 134: Gebr. Heller Maschinenfabrik GmbH - Key offerings
- 12.8 Haas Automation Inc.
- Exhibit 135: Haas Automation Inc. - Overview
- Exhibit 136: Haas Automation Inc. - Product / Service
- Exhibit 137: Haas Automation Inc. - Key offerings
- 12.9 Hurco Companies Inc.
- Exhibit 138: Hurco Companies Inc. - Overview
- Exhibit 139: Hurco Companies Inc. - Product / Service
- Exhibit 140: Hurco Companies Inc. - Key offerings
- 12.10 Jyoti CNC Automation Ltd.
- Exhibit 141: Jyoti CNC Automation Ltd. - Overview
- Exhibit 142: Jyoti CNC Automation Ltd. - Product / Service
- Exhibit 143: Jyoti CNC Automation Ltd. - Key offerings
- 12.11 Komatsu Mining Corp.
- Exhibit 144: Komatsu Mining Corp. - Overview
- Exhibit 145: Komatsu Mining Corp. - Business segments
- Exhibit 146: Komatsu Mining Corp. - Key offerings
- Exhibit 147: Komatsu Mining Corp. - Segment focus
- 12.12 Makino Milling Machine Co. Ltd.
- Exhibit 148: Makino Milling Machine Co. Ltd. - Overview
- Exhibit 149: Makino Milling Machine Co. Ltd. - Business segments
- Exhibit 150: Makino Milling Machine Co. Ltd. - Key offerings
- Exhibit 151: Makino Milling Machine Co. Ltd. - Segment focus
- 12.13 Micromatic Machine Tools Pvt. Ltd.
- Exhibit 152: Micromatic Machine Tools Pvt. Ltd. - Overview
- Exhibit 153: Micromatic Machine Tools Pvt. Ltd. - Product / Service
- Exhibit 154: Micromatic Machine Tools Pvt. Ltd. - Key offerings
- 12.14 Okuma Corp.
- Exhibit 155: Okuma Corp. - Overview
- Exhibit 156: Okuma Corp. - Business segments
- Exhibit 157: Okuma Corp. - Key offerings
- Exhibit 158: Okuma Corp. - Segment focus
- 12.15 SCM GROUP Spa
- Exhibit 159: SCM GROUP Spa - Overview
- Exhibit 160: SCM GROUP Spa - Product / Service
- Exhibit 161: SCM GROUP Spa - Key offerings
- 12.16 Shenyang Yiji Machine Tool Sales Co. Ltd.
- Exhibit 162: Shenyang Yiji Machine Tool Sales Co. Ltd. - Overview
- Exhibit 163: Shenyang Yiji Machine Tool Sales Co. Ltd. - Product / Service
- Exhibit 164: Shenyang Yiji Machine Tool Sales Co. Ltd. - Key offerings
- 12.17 Yamazaki Mazak Corp.
- Exhibit 165: Yamazaki Mazak Corp. - Overview
- Exhibit 166: Yamazaki Mazak Corp. - Product / Service
- Exhibit 167: Yamazaki Mazak Corp. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 168: Inclusions checklist
- Exhibit 169: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 170: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 171: Research methodology
- Exhibit 172: Validation techniques employed for market sizing
- Exhibit 173: Information sources
- 13.5 List of abbreviations
- Exhibit 174: List of abbreviations
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