Market Forecast by Countries (United States, Canada), By Tool Type (Lathes, Mills, Routers, Grinders, Others), By Industry Vertical (Aerospace & Defense, Automobile, Electronics, Healthcare, Industry Machinery, Others) And Competitive Landscape
Product Code: ETC059923 | Publication Date: May 2021 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Computer Numerically Controlled Market |
Forecast Period | 2025-2031 |
Market Size | USD 66.74 billion by 2031 |
CAGR | 10.3% |
Growing Sector | Automotive |
North America Computer Numerically Controlled Market report thoroughly covers the market By Countries, By Tool Type, By Industry Vertical. The North America Computer Numerically Controlled Market outlook report provides an unbiased and detailed analysis of the ongoing North America Computer Numerically Controlled Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Computer Numerically Controlled Market was valued at USD 36.15 billion in 2023 and is expected to reach USD 66.74 billion, growing at a CAGR of around 10.3% from 2025-2031. The market growth can be attributed to the increasing adoption of Computer Numerically Controlled (CNC) machines in various industries, such as automotive, aerospace and defense, healthcare, and electronics. Additionally, advancements in technology such as 3D printing have also contributed to the growth of the CNC market in North America.
The North America Computer Numerically Controlled (CNC) machines market is experiencing robust growth, driven by the rising adoption of automation and precision technologies across industries such as automotive, aerospace, healthcare, and electronics. CNC machines, which utilize computer programming to control machining tools, offer enhanced accuracy, productivity, and cost-efficiency.
According to 6Wresearch, North America Computer Numerically Controlled Market size is anticipated to grow at a CAGR of 10.3% during 2025-2031. The integration of advanced technologies like the Internet of Things (IoT) and artificial intelligence (AI) is further revolutionizing the market, enabling real-time monitoring, predictive maintenance, and smart manufacturing capabilities. Government initiatives supporting industrial automation and Industry 4.0 adoption, along with increasing investments in manufacturing innovation, are boosting market expansion.
However, challenges such as high initial setup costs and a shortage of skilled labor may hinder growth. Despite these hurdles, the market continues to evolve with advancements in multi-axis CNC machines and hybrid manufacturing, which combines subtractive and additive techniques. As industries demand greater customization and efficiency, the North America CNC machines market is set to expand significantly in the coming years.
The automotive industry dominates the North America CNC machines market, with increasing demand for precision and customization in vehicle manufacturing. The aerospace and defense sector is also a major consumer of CNC machines, driven by the need for complex parts and high-performance materials. In healthcare, CNC machines are used for medical device production, while in electronics, they aid in the production of circuit boards and other components.
One trend gaining momentum in the market is the adoption of hybrid CNC machines that combine traditional machining techniques with 3D printing capabilities. This allows for greater design flexibility, reduced waste material, and faster production times. Another opportunity lies in the development of more user-friendly software and interfaces to improve the accessibility and ease of use of CNC machines.
North America offers a favorable environment for investment in the CNC industry, with a strong manufacturing base and advanced technology adoption. The United States is the largest market for CNC machines in North America, followed by Canada and Mexico.
Investment opportunities in the region include partnerships or collaborations with established manufacturers to tap into their expertise and customer base. Companies can also look to invest in research and development to develop innovative CNC technologies or acquire smaller companies specializing in specific areas of CNC machining. Additionally, investing in workforce training and development can help address the issue of skilled labor shortage and ensure a competitive advantage.
The North America CNC machines market is highly competitive, with the presence of major players such as Haas Automation, Inc., DMG MORI Co. Ltd., and Makino Milling Machine Co. Ltd. These companies are continuously investing in research and development to improve their product offerings and expand their customer base.
Collaborations, partnerships, and strategic acquisitions are also common strategies employed by key players to strengthen their market position. For instance, in 2020, Hurco Companies, Inc. acquired MasterTask Training Systems LLC to enhance its training solutions for CNC users.
The North America Computer Numerically Controlled Market is governed by regulations and standards set by various government bodies to ensure safety, quality, and performance. For instance, the National Institute of Standards and Technology (NIST) has established guidelines for computer numerical control systems used in manufacturing.
Additionally, governments are actively promoting industrial automation and digitalization initiatives to improve efficiency and productivity. In the United States, the Advanced Manufacturing Partnership 2.0 (AMP 2.0) initiative aims to support advanced manufacturing technologies such as CNC machines through collaborations between industry, academia, and government agencies.
The North America CNC machines market is expected to witness substantial growth in the coming years, with advancements in technology and increasing demand for precision and customization. The implementation of IoT and AI technologies will enable further optimization of production processes, reduce downtime, and improve overall efficiency.
Furthermore, the adoption of hybrid manufacturing techniques combining CNC machining with 3D printing is projected to gain traction in the region. This will open up new possibilities for industries such as healthcare and aerospace, where complex and customized parts are required.
The North America Computer Numerically Controlled Market presents a promising landscape for companies looking to invest or expand in the manufacturing industry. With continuous technological advancements and supportive government initiatives, this market will continue to evolve and drive innovation in various sectors. So, it is essential for companies to stay updated with the latest trends and developments in order to remain competitive and tap into the potential growth opportunities offered by this market.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, US is the dominant country in North America’s CNC machine market. The growth of domestic manufacturing industries such as automotive, aerospace, and healthcare is attributing to the high adoption of CNC machines in the region.
The US is expected to maintain its dominance in the market due to ongoing technological adv ancements and investments in automation and precision technologies.
Mills and routers are expected to dominate the North America CNC machines market, accounting for a significant share in terms of revenue. This can be attributed to their versatility, precision, and adaptability for high-volume production processes.
The automotive industry dominates the North America CNC machines market in terms of revenue. With the growing demand for precision and customization in vehicle manufacturing, CNC machining has become a crucial component of the production process.
The report offers a comprehensive study of the subsequent market segments: