| Product Code: ETC11605518 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India CNC machinery market import shipments displayed robust growth from 2020 to 2024, with a notable CAGR of 22.5%. Momentum accelerated further between 2023 and 2024, reflecting a growth rate of 30.3%. The market expanded significantly, showcasing a strong upward trend throughout the period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India CNC Machinery Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India CNC Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 India CNC Machinery Market - Industry Life Cycle |
3.4 India CNC Machinery Market - Porter's Five Forces |
3.5 India CNC Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India CNC Machinery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India CNC Machinery Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 India CNC Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision engineering in industries such as automotive, aerospace, and electronics |
4.2.2 Government initiatives promoting the adoption of advanced manufacturing technologies |
4.2.3 Rising labor costs leading to the shift towards automation in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with CNC machinery |
4.3.2 Lack of skilled workforce proficient in operating and maintaining CNC machinery |
4.3.3 Limited awareness and adoption of CNC technology in small and medium enterprises (SMEs) |
5 India CNC Machinery Market Trends |
6 India CNC Machinery Market, By Types |
6.1 India CNC Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India CNC Machinery Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India CNC Machinery Market Revenues & Volume, By Lathe Machines, 2021 - 2031F |
6.1.4 India CNC Machinery Market Revenues & Volume, By Milling Machines, 2021 - 2031F |
6.1.5 India CNC Machinery Market Revenues & Volume, By Grinding Machines, 2021 - 2031F |
6.1.6 India CNC Machinery Market Revenues & Volume, By Drilling Machine, 2021 - 2031F |
6.1.7 India CNC Machinery Market Revenues & Volume, By Laser Machines, 2021 - 2031F |
6.1.8 India CNC Machinery Market Revenues & Volume, By Others, 2021 - 2029F |
6.2 India CNC Machinery Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India CNC Machinery Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 India CNC Machinery Market Revenues & Volume, By Construction Equipment, 2021 - 2031F |
6.2.4 India CNC Machinery Market Revenues & Volume, By Aerospace and Defense, 2021 - 2031F |
6.2.5 India CNC Machinery Market Revenues & Volume, By Power and Energy, 2021 - 2031F |
6.2.6 India CNC Machinery Market Revenues & Volume, By Industrial Machinery, 2021 - 2031F |
6.2.7 India CNC Machinery Market Revenues & Volume, By Others, 2021 - 2029F |
6.3 India CNC Machinery Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 India CNC Machinery Market Revenues & Volume, By OEM, 2021 - 2031F |
6.3.3 India CNC Machinery Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
7 India CNC Machinery Market Import-Export Trade Statistics |
7.1 India CNC Machinery Market Export to Major Countries |
7.2 India CNC Machinery Market Imports from Major Countries |
8 India CNC Machinery Market Key Performance Indicators |
8.1 Average machine utilization rate |
8.2 Percentage of manufacturing processes automated using CNC machinery |
8.3 Rate of adoption of CNC technology in key industries |
8.4 Training investment in CNC skills development |
8.5 Percentage of total manufacturing output produced using CNC machinery |
9 India CNC Machinery Market - Opportunity Assessment |
9.1 India CNC Machinery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India CNC Machinery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India CNC Machinery Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 India CNC Machinery Market - Competitive Landscape |
10.1 India CNC Machinery Market Revenue Share, By Companies, 2024 |
10.2 India CNC Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here