CNC Machine Market estimates & forecast by application, size, production, industry share, consumption, trends and forecast 2030

CNC Machine Market was valued at USD 101.01 Bn. in 2023 and it is expected to reach USD 152.9 Bn. by 2030 at a CAGR of 6.1%, throughout the forecast period. CNC Machine Market Overview: CNC (computer numerical control) is a way of automating machine tool control by using software installed in a microcomputer coupled to the tool. It's often used to machine metal and plastic parts in the manufacturing industry. The machine control unit (MCU), a microcontroller linked to the machine, stores and executes a bespoke computer programme for each object to be made, which is commonly written in an international standard language called G-code. The programme specifies the instructions and parameters that will be followed by the machine tool, such as the material feed rate and the location and speed of the tool's components. CNC can automate the operations of mills, lathes, routers, grinders, and lasers, among other machine equipment. Non-machine tools, such as welding, electronic assembly, and filament-winding machines, can also be controlled with it.