What is the market size of metalworking machinery | Insights, Trends & Growth Analysis 2025

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Code: MTA10847

Publication Date: Nov 2025

What is the size of Metalworking Machinery Market?

According to 6Wresearch internal database and industry insights, the Global Metalworking Machinery Market was valued at USD 37 Billion in 2024 and is expected to reach USD 50 Billion by 2031, growing at a compound annual growth rate of 4.30% during the forecast period (2025-2031).

The market continues to expand as there is more demand from the automotive, aerospace, and construction industries, more use of CNC and automated equipment, better precision and high-speed machining, and government policies that help modernize industry.

Key Growth Drivers of the Metalworking Machinery Market

Rising demand for CNC and automated metalworking equipment
Increasing industrial production in automotive and aerospace sectors
Improvements in laser cutting, milling, and turning machines through technology
More money is going into precision manufacturing and Industry 4.0 solutions.
Demand is rising because of more construction and infrastructure projects.
Government programs that help modernize and innovate in industry

Metalworking Machinery Market Trends

Metalworking Machinery Market is witnessing major growth with notable trends such as increasing adoption of CNC machines and robotic automation for higher precision and efficiency. There is a shift toward energy-efficient and compact machinery. Integration with IoT and smart factory solutions is accelerating. The use of high-speed machining and advanced cutting tools is growing. Rising demand for multi-functional and modular machinery is observed. Increasing focus on reducing production downtime and maintenance costs is influencing adoption. Development of AI-based predictive maintenance solutions is emerging. Expansion of after-sales services and technical support is shaping market dynamics.

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Emerging Developments in the Metalworking Machinery Market

Metalworking Machinery Market is evolving with innovations in additive and hybrid manufacturing technologies. There is still research and development going on for high-speed, high-precision machines. Integration of AI and machine learning for predictive maintenance and process optimization is increasing. The growth of the market is being helped by the rise of smart factories and Industry 4.0. More machinery manufacturers are working together with industrial OEMs. More people are using motors and automation that save energy. New uses in aerospace, automotive, and defense are growing. The focus on making things safer, more durable and efficient is moving rapidly.