CNC Machining Market Size | Forecast, Trends & Global Insights 2025

Q: How fast is the CNC machining market in India expected to grow?

The market was estimated at USD 96 billion in 2024 and expected to reach USD 244.8 billion by 2031, at a CAGR of 14.2% between 2025 and 2031.

Q: Which industries are the primary adopters of CNC machining?

The primary adopters of CNC machining market are automotive, aerospace, electronics, medical devices, and construction.

Q: What are the main advantages of CNC machining?

Due to high precision, increased production efficiency, reduced human error, and the ability to handle complex designs, CNC machining is in demand.

Q: What role do government initiatives play in this sector?

Policies like "Make in India" and incentives for manufacturing innovation are propelling domestic production, reducing reliance on imports, and driving market growth.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA4551

Publication Date: Jun 2025

How is the size of the CNC Machining Market?

According to 6Wresearch internal database and industry insights, the market size was valued at USD 96 billion in 2024 and is estimated to reach 244.8 billion by the end of forecast period which is from 2025 to 2031, at a compound annual growth rate (CAGR) of 15.2%.

This growth is occurring due to advancements in multi-axis machining, demand for cost-effective production, and a shift towards automation for improved operational efficiency.

The CNC machining market is moving forward with rapid growth as the industries transitioned to advanced manufacturing processes. Due to increasing demand for high-precision components and scalable production, CNC machining is a vital part of industries such as automotive, aerospace, electronics, and medical devices.

Key Growth Factors of CNC Machine Market

Increasing focus on automation to improve production efficiency and reduce human errors.
Growing need for precision manufacturing in industries like aerospace, medical devices, and electronics.
Large-scale construction projects and infrastructure development
Initiatives like "Make in India" and PLI schemes are promoting local manufacturing and innovation.
Innovations in technology such as multi-axis CNC machines and IoT connectivity