[Research Report] The CNC milling machines market is expected to grow from US$ 8,616.03 million in 2023 to US$ 14,419.53 million by 2028; it is estimated to register a CAGR of 10.8% from 2023 to 2028.
Computerized numerical control (CNC) milling machines are the most important machines for subtractive manufacturing, removing materials from the workpiece to create a finished product. This differs from additive manufacturing processes such as 3D printing, casting, or injection molding, in which material is added to create a finished product. The process begins with a two- or three-dimensional computer-aided design (CAD) representation of the part to be produced. CAD guides the cutting process of the workpiece and precisely defines the measurements and requirements for the part. CNC milling can reshape various materials such as metal, glass, alloy, plastic, or wood. It is the most common CNC process and can be programmed to produce custom-designed parts to exact and accurate specifications. Presently, many market players offer a broad range of products with various specifications, sizes, and functionalities. CNC machining also helps the automotive industry develop functional prototypes, which can go into mass production after testing and validation. Thus, the growth of the automotive industry is primarily driving the CNC milling machines market growth.
CNC Milling Machines Market -
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CNC Milling Machines Market: Strategic Insights
Market Size Value in US$ 8,616.03 million in 2023 Market Size Value by US$ 14,419.53 million by 2028 Growth rate CAGR of 10.8% from 2023 to 2028 Forecast Period 2023-2028 Base Year 2023
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CNC Milling Machines Market: Strategic Insights
| Market Size Value in | US$ 8,616.03 million in 2023 |
| Market Size Value by | US$ 14,419.53 million by 2028 |
| Growth rate | CAGR of 10.8% from 2023 to 2028 |
| Forecast Period | 2023-2028 |
| Base Year | 2023 |
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Impact of COVID-19 Pandemic on CNC Milling Machines Market
According to the Organization for Economic Co-operation and Development (OECD), the COVID-19 pandemic has severely affected several countries, such as India, Australia, China, and Japan. India is the worst-hit country by the pandemic in this region. Governments of these countries imposed limitations to control the spread of SARS-CoV-2 during the initial period of the outbreak. Also, limited workforce and social distancing norms reduced the manufacturing volume, thereby hampering the CNC milling machines market from both the demand and supply side. China imposed strict lockdown and social isolation norms during the COVID-19 outbreak, which stopped oil & gas exploration activities and reduced the demand for oil and other energy commodities across the country. It also hindered the manufacturing activities across the country. Similarly, India, another manufacturing country in the region, imposed a nationwide lockdown to control the growing number of COVID-19 cases. Thus, the overall decline of manufacturing industries hampered the demand for CNC milling machines across APAC during the first two quarters of 2020. However, as the economies in Q3 of 2020 reopened and industries began their operations, the requirement for CNC milling machines increased gradually from various end-use industries such as automotive, electronic & semiconductors, and oil & gas.
Lucrative Regions for CNC Milling Machines Market
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Market Insights – CNC Milling Machines Market
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Smart manufacturing, over the years, has gained momentum across all manufacturing plants, including electronics, automobiles, and aircraft. smart manufacturing enables automation across production plants, thereby reducing operational time and cost. CNC milling machines are being increasingly integrated with smart manufacturing technology as it allows program-specific machining operations. This is enabling the manufacturers to enhance the precision and accuracy of operations by reducing human error. Further, the integration of smart manufacturing technology with CNC machining is also enabling the automation of repetitive functions. Thus, the integration of smart manufacturing technologies with CNC milling machines is expected to contribute to the CNC milling machines market growth over the forecast period.
Number of Axis-Based Insights
Based on number of axis, the CNC milling machines market size is segmented into 3-axis, 4-axis, 5-axis, and others. The 3-axis segment accounted for the largest market share in 2022. 3-axis CNC milling machines are the most common and low-priced machines. In these machines, the cutting tool operates along the XYZ plane to trim the material and is mostly suited for parts that do not require much detailing or depth. The workpiece generally remains fixed in a single position while the movement of the spindle is available in the x, y, and z-axes. 3-axis CNC milling machines can work on all six sides of a part but require a new fixturing setup for each side. Only one side of the workpiece can be machined for a single fixture setup. These machines are commonly utilized for drilling holes, milling slots, forming sharp edges, and other 2D and 2.5D geometry. Since these machines are used widely, finding operators with technical knowledge of these machines is easier. Additionally, 3-axis CNC milling machines are relatively affordable and easier to set up and operate. Despite the growing popularity of 5-axis machines, 3-axis machines are considered the workhorse by several verticals and are witnessing widespread adoption.
The global CNC milling machines market size is segmented on the basis of structure, X-axis working range, number of axis, and application. Based on structure, the CNC milling machines market is segmented into gantry, moving table, fixed table, and column type. Based on X-axis working range, the CNC milling machines market is categorized into less than 2,000 mm; 2,001 mm to 5,000 mm; 5,001 mm to 7,000 mm; and above 7,000 mm. Based on number of axis, the market is categorized into 3-axis, 4-axis, 5-axis, and others. Based on application, the CNC milling machines market is segmented into automotive & transportation, aerospace & defense, oil & gas, and others. By region, the CNC milling machines market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.
Okuma Corporation, Nidec, NICOLÁS CORREA S.A, AWEA MECHANTRONIC CO. LTD, and Emco are a few CNC milling machines market players operating across the world.
CNC milling machines market players are mainly focused on the development of advanced and efficient products.
- In 2022, Zimmermann announced the launch of its new FZU 5-axis gantry milling machine, designed for prototype, tool, and mold making. The FZU is a compact and thermo-symmetrical machine that provides maximum productivity and accuracy, making it an ideal entry point to Zimmermann's machine line. The machine is suitable for machining plastics and casting resins such as Ureol and aluminum. The FZU's development will help Zimmermann close the gap in the lower weight class, according to Frieder Gänzle, General Manager and Partner at Zimmermann in Germany.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Structure, X-Axis Working Range, Number of Axis, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
• Surge in Automotive Production
• Increase in Production of Military Aircraft
The global market size of CNC milling machine market by 2028 will be around US$ 14,419.53 million
The CNC milling machine market is expected to register an incremental growth value of US$ 5,803.51 million during the forecast period.
Gantry segment is expected to hold a major market share of CNC milling machine market in 2023.
Rise in New Product Development by CNC milling machines Market Players
Okuma Corporation; Nidec Corporation; NICOLÃS CORREA, S.A; AWEA MECHANTRONIC CO., LTD; and EMCO GmbH;are the key market players expected to hold a major market share of CNC milling machine market in 2023
Asia Pacific is expected to register highest CAGR in the CNC milling machine market during the forecast period (2023-2028)
The estimated global market size for the CNC milling machine market in 2023 is expected to be around US$ 8,616.03 million.
China, India, and Italy are expected to register high growth rate during the forecast period.
China is expected to hold a major market share of CNC milling machine market in 2023.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. CNC Milling Machines Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. CNC Milling Machines Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Surge in Automotive Production
5.1.2 Increase in Production of Military Aircraft
5.2 Market Restraints
5.2.1 Availability of Alternate Manufacturing Methods
5.3 Market Opportunities
5.3.1 Integration of Smart Manufacturing Technology with CNC milling machines
5.4 Future Trends
5.4.1 Rise in New Product Development by CNC milling machines Market Players
5.5 Impact Analysis of Drivers and Restraints
6. CNC Milling Machines Market –Regional Analysis
6.1 CNC Milling Machines Market Global Overview
6.2 CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
6.3.1 Market Positioning – Five Key Players
7. CNC Milling Machines Market Analysis – by Structure
7.1 Overview
7.2 CNC Milling Machines Market, by Structure (2022 and 2028)
7.3 Gantry
7.3.1 Overview
7.3.2 Gantry: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Moving Table
7.4.1 Overview
7.4.2 Moving Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fixed Table
7.5.1 Overview
7.5.2 Fixed Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Column Type
7.6.1 Overview
7.6.2 Column Type: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8. CNC milling machines Market Analysis – by X-Axis Working Range
8.1 Overview
8.2 CNC Milling Machines Market, by X-Axis Working Range (2022 and 2028)
8.3 Less Than 2000 mm
8.3.1 Overview
8.3.2 Less Than 2000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.41 mm to 5000 mm
8.4.1 Overview
8.4.21 mm to 5000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.51 mm to 7000 mm
8.5.1 Overview
8.5.21 mm to 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Above 7000 mm
8.6.1 Overview
8.6.2 Above 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
9. CNC Milling Machine Market Analysis – By Number of Axis
9.1 Overview
9.2 CNC Milling Machine Market Breakdown, by Number of Axis, 2022 & 2028
9.3 3-Axis
9.3.1 Overview
9.3.2 3-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
9.4 4-Axis
9.4.1 Overview
9.4.2 4-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
9.5 5-Axis
9.5.1 Overview
9.5.2 5-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10. CNC Milling Machine Market Analysis – By Application
10.1 Overview
10.2 CNC Milling Machine Market Breakdown, by Application, 2022 & 2028
10.3 Automotive & Transportation
10.3.1 Overview
10.3.2 Automotive & Transportation: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10.4 Aerospace & Defense
10.4.1 Overview
10.4.2 Aerospace & Defense: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10.5 Oil & Gas
10.5.1 Overview
10.5.2 Oil & Gas: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
11. CNC Milling Machines Market – Geographic Analysis
11.1 Overview
11.2 North America: CNC Milling Machines Market
11.2.1 North America: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: CNC Milling Machines Market, by Structure
11.2.3 North America: CNC Milling Machines Market, by X-Axis Working Range
11.2.3.1 North America: CNC Milling Machines Market, by X-Axis Working Range
11.2.3.2 North America: CNC Milling Machines Market, by X-Axis Working Range
11.2.4 North America: CNC Milling Machines Market, by Number of Axis
11.2.5 North America: CNC Milling Machines Market, by Application
11.2.6 North America: CNC Milling Machines Market, by Key Country
11.2.6.1 US: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: CNC Milling Machines Market, by Structure
11.2.6.1.2 US: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.1.2.1 US: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.1.2.2 US: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.1.3 US: CNC Milling Machines Market, by Number of Axis
11.2.6.1.4 US: CNC Milling Machines Market, by Application
11.2.6.2 Canada: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: CNC Milling Machines Market, by Structure
11.2.6.2.2 Canada: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.2.2.1 Canada: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.2.2.2 Canada: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.2.3 Canada: CNC Milling Machines Market, by Number of Axis
11.2.6.2.4 Canada: CNC Milling Machines Market, by Application
11.2.6.3 Mexico: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: CNC Milling Machines Market, by Structure
11.2.6.3.2 Mexico: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.3.2.1 Mexico: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.3.2.2 Mexico: CNC Milling Machines Market, by X-Axis Working Range
11.2.6.3.3 Mexico: CNC Milling Machines Market, by Number of Axis
11.2.6.3.4 Mexico: CNC Milling Machines Market, by Application
11.3 Europe: CNC Milling Machines Market
11.3.1 Europe: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: CNC Milling Machines Market, by Structure
11.3.3 Europe: CNC Milling Machines Market, by X-Axis Working Range
11.3.3.1 Europe: CNC Milling Machines Market, by X-Axis Working Range
11.3.3.2 Europe: CNC Milling Machines Market, by X-Axis Working Range
11.3.4 Europe: CNC Milling Machines Market, by Number of Axis
11.3.5 Europe: CNC Milling Machines Market, by Application
11.3.6 Europe: CNC Milling Machines Market, by Key Country
11.3.6.1 Germany: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 Germany: CNC Milling Machines Market, by Structure
11.3.6.1.2 Germany: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.1.2.1 Germany: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.1.2.2 Germany: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.1.3 Germany: CNC Milling Machines Market, by Number of Axis
11.3.6.1.4 Germany: CNC Milling Machines Market, by Application
11.3.6.2 France: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 France: CNC Milling Machines Market, by Structure
11.3.6.2.2 France: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.2.2.1 France: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.2.2.2 France: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.2.3 France: CNC Milling Machines Market, by Number of Axis
11.3.6.2.4 France: CNC Milling Machines Market, by Application
11.3.6.3 Italy: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.3.1 Italy: CNC Milling Machines Market, by Structure
11.3.6.3.2 Italy: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.3.2.1 Italy: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.3.2.2 Italy: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.3.3 Italy: CNC Milling Machines Market, by Number of Axis
11.3.6.3.4 Italy: CNC Milling Machines Market, by Application
11.3.6.4 UK: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.4.1 UK: CNC Milling Machines Market, by Structure
11.3.6.4.2 UK: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.4.2.1 UK: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.4.2.2 UK: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.4.3 UK: CNC Milling Machines Market, by Number of Axis
11.3.6.4.4 UK: CNC Milling Machines Market, by Application
11.3.6.5 Russia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.5.1 Russia: CNC Milling Machines Market, by Structure
11.3.6.5.2 Russia: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.5.2.1 Russia: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.5.2.2 Russia: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.5.3 Russia: CNC Milling Machines Market, by Number of Axis
11.3.6.5.4 Russia: CNC Milling Machines Market, by Application
11.3.6.6 Rest of Europe: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.6.1 Rest of Europe: CNC Milling Machines Market, by Structure
11.3.6.6.2 Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.6.2.1 Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.6.2.2 Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range
11.3.6.6.3 Rest of Europe: CNC Milling Machines Market, by Number of Axis
11.3.6.6.4 Rest of Europe: CNC Milling Machines Market, by Application
11.4 Asia Pacific: CNC Milling Machines Market
11.4.1 Asia Pacific: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.2 Asia Pacific: CNC Milling Machines Market, by Structure
11.4.3 Asia Pacific: CNC Milling Machines Market, by X-Axis Working Range
11.4.3.1 Asia Pacific: CNC Milling Machines Market, by X-Axis Working Range
11.4.3.2 Asia Pacific: CNC Milling Machines Market, by X-Axis Working Range
11.4.4 Asia Pacific: CNC Milling Machines Market, by Number of Axis
11.4.5 Asia Pacific: CNC Milling Machines Market, by Application
11.4.6 Asia Pacific: CNC Milling Machines Market, by Key Country
11.4.6.1 Australia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: CNC Milling Machines Market, by Structure
11.4.6.1.2 Australia: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.1.2.1 Australia: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.1.2.2 Australia: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.1.3 Australia: CNC Milling Machines Market, by Number of Axis
11.4.6.1.4 Australia: CNC Milling Machines Market, by Application
11.4.6.2 China: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: CNC Milling Machines Market, by Structure
11.4.6.2.2 China: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.2.2.1 China: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.2.2.2 China: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.2.3 China: CNC Milling Machines Market, by Number of Axis
11.4.6.2.4 China: CNC Milling Machines Market, by Application
11.4.6.3 India: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: CNC Milling Machines Market, by Structure
11.4.6.3.2 India: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.3.2.1 India: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.3.2.2 India: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.3.3 India: CNC Milling Machines Market, by Number of Axis
11.4.6.3.4 India: CNC Milling Machines Market, by Application
11.4.6.4 Japan: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Japan: CNC Milling Machines Market, by Structure
11.4.6.4.2 Japan: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.4.3 Japan: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.4.3.1 Japan: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.4.3.2 Japan: CNC Milling Machines Market, by Number of Axis
11.4.6.4.4 Japan: CNC Milling Machines Market, by Application
11.4.6.5 South Korea: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.5.1 South Korea: CNC Milling Machines Market, by Structure
11.4.6.5.2 South Korea: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.5.2.1 South Korea: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.5.2.2 South Korea: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.5.3 South Korea: CNC Milling Machines Market, by Number of Axis
11.4.6.5.4 South Korea: CNC Milling Machines Market, by Application
11.4.6.6 Rest of APAC: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.6.1 Rest of APAC: CNC Milling Machines Market, by Structure
11.4.6.6.2 Rest of APAC: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.6.2.1 Rest of APAC: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.6.2.2 Rest of APAC: CNC Milling Machines Market, by X-Axis Working Range
11.4.6.6.3 Rest of APAC: CNC Milling Machines Market, by Number of Axis
11.4.6.6.4 Rest of APAC: CNC Milling Machines Market, by Application
11.5 Middle East & Africa: CNC Milling Machines Market
11.5.1 Middle East & Africa: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.5.2 Middle East & Africa: CNC Milling Machines Market, by Structure
11.5.3 Middle East & Africa: CNC Milling Machines Market, by X-Axis Working Range
11.5.3.1 Middle East & Africa: CNC Milling Machines Market, by X-Axis Working Range
11.5.3.2 Middle East & Africa: CNC Milling Machines Market, by X-Axis Working Range
11.5.4 Middle East & Africa: CNC Milling Machines Market, by Number of Axis
11.5.5 Middle East & Africa: CNC Milling Machines Market, by Application
11.5.6 Middle East & Africa: CNC Milling Machines Market, by Key Country
11.5.6.1 South Africa: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: CNC Milling Machines Market, by Structure
11.5.6.1.2 South Africa: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.1.2.1 South Africa: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.1.2.2 South Africa: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.1.3 South Africa: CNC Milling Machines Market, by Number of Axis
11.5.6.1.4 South Africa: CNC Milling Machines Market, by Application
11.5.6.2 Saudi Arabia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Saudi Arabia: CNC Milling Machines Market, by Structure
11.5.6.2.2 Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.2.2.1 Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.2.2.2 Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.2.3 Saudi Arabia: CNC Milling Machines Market, by Number of Axis
11.5.6.2.4 Saudi Arabia: CNC Milling Machines Market, by Application
11.5.6.3 UAE: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.3.1 UAE: CNC Milling Machines Market, by Structure
11.5.6.3.2 UAE: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.3.2.1 UAE: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.3.2.2 UAE: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.3.3 UAE: CNC Milling Machines Market, by Number of Axis
11.5.6.3.4 UAE: CNC Milling Machines Market, by Application
11.5.6.4 Rest of MEA: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.5.6.4.1 Rest of MEA: CNC Milling Machines Market, by Structure
11.5.6.4.2 Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.4.2.1 Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.4.2.2 Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range
11.5.6.4.3 Rest of MEA: CNC Milling Machines Market, by Number of Axis
11.5.6.4.4 Rest of MEA: CNC Milling Machines Market, by Application
11.6 South America: CNC Milling Machines Market
11.6.1 South America: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.6.2 South America: CNC Milling Machines Market, by Structure
11.6.3 South America: CNC Milling Machines Market, by X-Axis Working Range
11.6.3.1 South America: CNC Milling Machines Market, by X-Axis Working Range
11.6.3.2 South America: CNC Milling Machines Market, by X-Axis Working Range
11.6.4 South America: CNC Milling Machines Market, by Number of Axis
11.6.5 South America: CNC Milling Machines Market, by Application
11.6.6 South America: CNC Milling Machines Market, by Key Country
11.6.6.1 Brazil: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Brazil: CNC Milling Machines Market, by Structure
11.6.6.1.2 Brazil: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.1.2.1 Brazil: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.1.2.2 Brazil: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.1.3 Brazil: CNC Milling Machines Market, by Number of Axis
11.6.6.1.4 Brazil: CNC Milling Machines Market, by Application
11.6.6.2 Argentina: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Argentina: CNC Milling Machines Market, by Structure
11.6.6.2.2 Argentina: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.2.2.1 Argentina: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.2.2.2 Argentina: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.2.3 Argentina: CNC Milling Machines Market, by Number of Axis
11.6.6.2.4 Argentina: CNC Milling Machines Market, by Application
11.6.6.3 Rest of SAM: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.6.6.3.1 Rest of SAM: CNC Milling Machines Market, by Structure
11.6.6.3.2 Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.3.2.1 Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.3.2.2 Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range
11.6.6.3.3 Rest of SAM: CNC Milling Machines Market, by Number of Axis
11.6.6.3.4 Rest of SAM: CNC Milling Machines Market, by Application
12. CNC milling machines Market – COVID-19 Pandemic Impact Analysis
12.1 Overview
12.2 North America: Impact Assessment of COVID-19 Pandemic
12.3 Europe: Impact Assessment of COVID-19 Pandemic
12.4 APAC: Impact Assessment of COVID-19 Pandemic
12.5 MEA: Impact Assessment of COVID-19 Pandemic
12.6 SAM Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
14. Company Profiles
14.1 Pietro Carnaghi SpA
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Parpas SpA
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 AWEA Mechantronic Co Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Fives SAS
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 KRC Machine Tool Solutions
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Amera-Seiki Corp
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Maviform Metal Ltd
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 JOBS SpA
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Okuma Corp
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Nicolas Correa SA
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
14.11 EMCO GmbH
14.11.1 Key Facts
14.11.2 Business Description
14.11.3 Products and Services
14.11.4 Financial Overview
14.11.5 SWOT Analysis
14.11.6 Key Developments
14.12 TOS Varnsdorf AS
14.12.1 Key Facts
14.12.2 Business Description
14.12.3 Products and Services
14.12.4 Financial Overview
14.12.5 SWOT Analysis
14.12.6 Key Developments
14.13 Trimill AS
14.13.1 Key Facts
14.13.2 Business Description
14.13.3 Products and Services
14.13.4 Financial Overview
14.13.5 SWOT Analysis
14.13.6 Key Developments
14.14 F Zimmermann GmbH
14.14.1 Key Facts
14.14.2 Business Description
14.14.3 Products and Services
14.14.4 Financial Overview
14.14.5 SWOT Analysis
14.14.6 Key Developments
14.15 Roundtop Machinery Industries Co Ltd
14.15.1 Key Facts
14.15.2 Business Description
14.15.3 Products and Services
14.15.4 Financial Overview
14.15.5 SWOT Analysis
14.15.6 Key Developments
14.16 Ken Ichi Machine Co Ltd
14.16.1 Key Facts
14.16.2 Business Description
14.16.3 Products and Services
14.16.4 Financial Overview
14.16.5 SWOT Analysis
14.16.6 Key Developments
14.17 Mighty USA Inc
14.17.1 Key Facts
14.17.2 Business Description
14.17.3 Products and Services
14.17.4 Financial Overview
14.17.5 SWOT Analysis
14.17.6 Key Developments
14.18 Vision Wide Tech Co Ltd
14.18.1 Key Facts
14.18.2 Business Description
14.18.3 Products and Services
14.18.4 Financial Overview
14.18.5 SWOT Analysis
14.18.6 Key Developments
14.19 Nidec Corp
14.19.1 Key Facts
14.19.2 Business Description
14.19.3 Products and Services
14.19.4 Financial Overview
14.19.5 SWOT Analysis
14.19.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. CNC Milling Machines Market – Volume and Forecast to 2028 (Units) – X-Axis Working Range
Table 3. CNC Milling Machines Market – Pricing and Forecast to 2028 (US$) – X-Axis Working Range
Table 4. North America: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 7. North America: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 8. North America: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 9. North America: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 11. US: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 12. US: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 13. US: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 14. US: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 15. US: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. Canada: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 17. Canada: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 18. Canada: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 19. Canada: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 20. Canada: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 21. Canada: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Mexico: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 23. Mexico: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 24. Mexico: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 25. Mexico: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 26. Mexico: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 27. Mexico: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 28. Europe: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 29. Europe: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 30. Europe: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 31. Europe: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 32. Europe: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 33. Europe: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. Germany: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 35. Germany: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 36. Germany: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 37. Germany: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 38. Germany: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 39. Germany: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 40. France: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 41. France: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 42. France: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 43. France: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 44. France: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 45. France: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. Italy: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 47. Italy: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 48. Italy: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 49. Italy: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 50. Italy: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 51. Italy: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 52. UK: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 53. UK: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 54. UK: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 55. UK: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 56. UK: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 57. UK: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 58. Russia: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 59. Russia: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 60. Russia: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 61. Russia: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 62. Russia: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 63. Russia: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 64. Rest of Europe: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 65. Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 66. Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 67. Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 68. Rest of Europe: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of Europe: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 70. Asia Pacific: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 71. Asia Pacific: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 72. Asia Pacific: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 73. Asia Pacific: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 74. Asia Pacific: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 75. Asia Pacific: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 76. Australia: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 77. Australia: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 78. Australia: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 79. Australia: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 80. Australia: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 81. Australia: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 82. China: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 83. China: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 84. China: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 85. China: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 86. China: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 87. China: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 88. India: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 89. India: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 90. India: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 91. India: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 92. India: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 93. India: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 94. Japan: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 95. Japan: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 96. Japan: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 97. Japan: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 98. Japan: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 99. Japan: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 100. South Korea: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 101. South Korea: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 102. South Korea: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 103. South Korea: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 104. South Korea: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 105. South Korea: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 106. Rest of APAC: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 107. Rest of APAC: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 108. Rest of APAC: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 109. Rest of APAC: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 110. Rest of APAC: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 111. Rest of APAC: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 112. Middle East & Africa: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 113. Middle East & Africa: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 114. Middle East & Africa: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 115. Middle East & Africa: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 116. Middle East & Africa: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 117. Middle East & Africa: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 118. South Africa: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 119. South Africa: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 120. South Africa: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 121. South Africa: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 122. South Africa: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 123. South Africa: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 124. Saudi Arabia: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 125. Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 126. Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 127. Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 128. Saudi Arabia: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 129. Saudi Arabia: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 130. UAE: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 131. UAE: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 132. UAE: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 133. UAE: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 134. UAE: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 135. UAE: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 136. Rest of MEA: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 137. Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 138. Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 139. Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 140. Rest of MEA: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 141. Rest of MEA: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 142. South America: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 143. South America: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 144. South America: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 145. South America: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 146. South America: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 147. South America: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 148. Brazil: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 149. Brazil: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 150. Brazil: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 151. Brazil: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 152. Brazil: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 153. Brazil: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 154. Argentina: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 155. Argentina: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 156. Argentina: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 157. Argentina: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 158. Argentina: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 159. Argentina: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 160. Rest of SAM: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 161. Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 162. Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 163. Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 164. Rest of SAM: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 165. Rest of SAM: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 166. List of Abbreviation
LIST OF FIGURES
Figure 1. CNC Milling Machines Market Segmentation
Figure 2. CNC Milling Machines Market Segmentation – by Geography
Figure 3. CNC Milling Machines Market Overview
Figure 4. CNC Milling Machines Market, by Structure
Figure 5. CNC Milling Machines Market, by X-Axis Working Range
Figure 6. CNC Milling Machines Market, by Number of Axis
Figure 7. CNC Milling Machines Market, by Application
Figure 8. CNC Milling Machines Market, by Geography
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. Asia Pacific: PEST Analysis
Figure 12. MEA: PEST Analysis
Figure 13. SAM: PEST Analysis
Figure 14. CNC milling machines Market – Ecosystem Analysis
Figure 15. Expert Opinions
Figure 16. CNC milling machines Market: Impact Analysis of Drivers and Restraints
Figure 17. Geographic Overview of CNC Milling Machines Market
Figure 18. CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. CNC Milling Machines Market Revenue Share, by Structure (2022 and 2028)
Figure 20. Gantry: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Moving Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Fixed Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Column Type: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. CNC Milling Machines Market Revenue Share, by Structure (2022 and 2028)
Figure 25. Less Than 2000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.1 mm to 5000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.1 mm to 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Above 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. CNC Milling Machine Market Breakdown, by Number of Axis (2022 and 2028)
Figure 30. 3-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. 4-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. 5-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. CNC Milling Machine Market Breakdown, by Application (2022 and 2028)
Figure 35. Automotive & Transportation: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 36. Aerospace & Defense: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 37. Oil & Gas: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 38. Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 39. Global CNC Milling Machines Market Revenue Share, by Region (2022 & 2028)
Figure 40. North America: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. North America: CNC Milling Machines Market Revenue Share, by Structure (2022 & 2028)
Figure 42. North America: CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 & 2028)
Figure 43. North America: CNC Milling Machines Market Revenue Share, by Number of Axis (2022 & 2028)
Figure 44. North America: CNC Milling Machines Market Revenue Share, by Application (2022 & 2028)
Figure 45. North America: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)
Figure 46. US: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Canada: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Mexico: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Europe: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Europe: CNC Milling Machines Market Revenue Share, by Structure(2022 & 2028)
Figure 51. Europe: CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 & 2028)
Figure 52. Europe: CNC Milling Machines Market Revenue Share, by Number of Axis (2022 & 2028)
Figure 53. Europe: CNC Milling Machines Market Revenue Share, by Application (2022 & 2028)
Figure 54. Europe: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)
Figure 55. Germany: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. France: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Italy: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. UK: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Russia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of Europe: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Asia Pacific: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Asia Pacific: CNC Milling Machines Market Revenue Share, by Structure(2022 & 2028)
Figure 63. Asia Pacific: CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 & 2028)
Figure 64. Asia Pacific: CNC Milling Machines Market Revenue Share, by Number of Axis (2022 & 2028)
Figure 65. Asia Pacific: CNC Milling Machines Market Revenue Share, by Application (2022 & 2028)
Figure 66. Asia Pacific: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)
Figure 67. Australia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. China: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. India: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. Japan: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. South Korea: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 72. Rest of APAC: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 73. Middle East & Africa: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 74. Middle East & Africa: CNC Milling Machines Market Revenue Share, by Structure(2022 & 2028)
Figure 75. Middle East & Africa: CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 & 2028)
Figure 76. Middle East & Africa: CNC Milling Machines Market Revenue Share, by Number of Axis (2022 & 2028)
Figure 77. Middle East & Africa: CNC Milling Machines Market Revenue Share, by Application (2022 & 2028)
Figure 78. Middle East & Africa: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)
Figure 79. South Africa: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. Saudi Arabia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 81. UAE: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 82. Rest of MEA: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 83. South America: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 84. South America: CNC Milling Machines Market Revenue Share, by Structure(2022 & 2028)
Figure 85. South America: CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 & 2028)
Figure 86. South America: CNC Milling Machines Market Revenue Share, by Number of Axis (2022 & 2028)
Figure 87. South America: CNC Milling Machines Market Revenue Share, by Application (2022 & 2028)
Figure 88. South America: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)
Figure 89. Brazil: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 90. Argentina: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 91. Rest of SAM: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 92. Impact of COVID-19 Pandemic on North American Country Markets
Figure 93. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 94. Impact of COVID-19 Pandemic on APAC Country Markets
Figure 95. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 96. Impact of COVID-19 Pandemic on South America Country Markets
The List of Companies - CNC Milling Machine Market
- Okuma Corporation
- Nidec
- NICOLÁS CORREA, S.A
- AWEA MECHANTRONIC CO., LTD
- Fives Group
- EMCO GmbH
- TOS Varnsdorf a.s.
- JOBS SPA Società con Socio Unico
- Gruppo Parpas
- F Zimmermann
- Mighty USA, Inc.
- PIETRO CARNAGHI SPA
- Johnsford
- Trimill
- KRC Machine Tool Solutions
- VISION WIDE TECH CO., LTD.
- Ken Ichi Machine Co Ltd
- Amera-Seiki’s
- MAV?FORM METAL MAK?NA SAN.T?C.LTD.?T?.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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