Computer Numerical Control Machines Market size is projected to reach USD 132.93 billion by 2030
Computer Numerical Control Machines Industry Overview The global computer numerical control machines market size was valued at USD 56.40 billion in 2021 and is expected to expand a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030. The demand for computer numerical control (CNC) machines is estimated to reach over 2800 thousand units by 2030. The increasing demand for semiconductor production equipment, medical devices and Electric Vehicles (EV), and telecom communication devices is the primary factor expected to drive the market growth over the forecast period. Also, the growing demand for five-axis mill machines and ultra-precision machines required to address the needs for EV productions are anticipated to drive the growth. Gather more insights about the market drivers, restrains and growth of the Global Computer Numerical Control Machines Market The CNC machine market recovered well in 2021 due to increased machine orders acro...