CNC Router Market Growth, Share, Trends, Demand, Opportunities and Forecast Analysis Till 2032

CNC Router Market Size- By Application, By End Use, By Product, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

CNC Router Market Size- By Application, By End Use, By Product, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Published: Mar 2023 Report ID: MACH2309 Pages: 1 - 236 Formats*:     
Category : Equipment and Machinery
Global CNC Router Market Overview

According to SPER Market Research, the Global CNC Router Market is estimated to reach USD 6.24 billion by 2032 with a CAGR of 4.49%.

A computer numerical control (CNC) router is a computer-controlled cutting device used to cut a variety of materials, including wood, composites, metals, plastics, glass, and foams. Often mounted on the spindle of a CNC router is a hand-held router. Instead of manually routing tool paths, CNC routers employ computer numerical control, which uses specifically created programmes written in G-code. Several tools used in carpentry shops, such the panel saw, the spindle moulder, and the boring machine, can be replaced by CNC routers. CNC router use may increase industrial production and lower the amount of labour needed. The high degree of precision of CNC routers allows for the maintenance of an ideal cycle time while reducing material waste, time loss, and human mistake.

The market for CNC routers is anticipated to expand along with an increase in the automation of several operations across practically all sectors. The global construction, automotive sectors are the examples where CNC routers are primarily used. The automotive industry's expansion is the main reason fuelling this market's expansion since it produces items like doors and vehicle hoods with zero manufacturing errors in less time. Also, the growing market for CNC routers is being considerably aided by the growing demand for wooden furniture and other wooden goods. Also, industrial design firms utilise CNC routers to design and create modular kitchens and furnishings, which is another element fuelling the expansion of the CNC router market.
CNC Router Market
Impact of COVID-19 on the Global CNC Router Market
The infestation of COVID-19 has resulted in a drop in product consumption, which can be attributed to the prolonged lockdown in major global countries. Due to lockdown in many developed nations, the COVID-19 pandemic has halted manufacturing of a number of goods in the worldwide CNC router sector. This has considerably impeded the growth of the global CNC router market. The United States, Germany, Italy, the United Kingdom, and China, who are important industrial nations and are severely impacted by the coronavirus outbreak, accounted for the majority of the demand for equipment and machinery that had previously been seen. Manufacturers of machinery and equipment must prioritise safeguarding their personnel, business operations, and supply chains in order to respond to urgent emergencies and devise new operational strategies once the number of COVID-19 infection cases starts to decline.

CNC Router Market


Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Application, By End Use, By Product, By Type.
 Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
 Companies Covered
Anderson Group, AXYZ Automation Group, Biesse Group, C.R. Onsrud, Carbide 3LLC, Exel CNC Ltd, HOMAG Group, Huawei, Komo Machine, MultiCam Inc
Target Audience:
  • Carpenters 
  • Civil Engineers
  • Mechanical Engineers
  • Automobile Engineers
Global CNC Router Market Segmentation:
1. By Application:
  • Metal Working
  • Stone Working 
  • Wood Working
2. By End Use:
  • Automotive
  • Construction
  • Furniture
  • Industrial
3. By Product:
  • Laser
  • Metal Tool
  • Plasma
  • Water Jet 
4. By Type:
  • Cross-Feed Gantry Type 
  • Movable Gantry Type
  • Stationary Gantry Type
5. By Region:
  • Asia-Pacific
  • Europe
  • Middle East & Africa
  • North America
  • Latin America
Key Topics Covered in the Report:
  • Size of Global CNC Router Market (FY’2019-FY’2032)
  • Overview of Global CNC Router Market 
  • Segmentation of Global CNC Router Market By Application (Metal Working, Stone Working, Wood Working)
  • Segmentation of Global CNC Router Market By End Use (Automotive, Construction, Furniture, Industrial, Others)
  • Segmentation of Global CNC Router Market By Product (Laser, Metal Tool, Plasma, Water Jet)
  • Segmentation of Global CNC Router Market By Type (Cross-Feed Gantry Type, Movable Gantry Type, Stationary Gantry Type)
  • Statistical Snap of Global CNC Router Market 
  • Growth Analysis of Global CNC Router Market 
  • Problems and Challenges in Global CNC Router Market 
  • Competitive Landscape in the Global CNC Router Market 
  • Impact of COVID-19 and Demonetization on Global CNC Router Market 
  • Details on Recent Investment in Global CNC Router Market 
  • Competitive Analysis of Global CNC Router Market 
  • Major Players in the Global CNC Router Market 
  • SWOT Analysis of Global CNC Router Market 
  • Global CNC Router Market Future Outlook and Projections (FY’2019-FY’2032)
  • Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global CNC Router Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape 
6.1 Global CNC Router Manufacturing Base Distribution, Sales Area, Product Type 
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global CNC Router Market 

7. Global CNC Router Market, By Application, 2019-2032 (USD Million)
7.1 Metal Working
7.2 Stone Working 
7.3 Wood Working

8. Global CNC Router Market, By End Use, 2019-2032 (USD Million)
8.1 Automotive
8.2 Construction
8.3 Furniture
8.4 Industrial
8.5 Others

9. Global CNC Router Market, By Product, 2019-2032 (USD Million)
9.1 Laser
9.2 Metal Tool
9.3 Plasma
9.4 Water Jet 

10. Global CNC Router Market, By Type, 2019-2032 (USD Million)
10.1 Cross-Feed Gantry Type 
10.2  Movable Gantry Type
10.3 Stationary Gantry Type

11. Global Commercial Washing Market, By Region, 2019-2032 (USD Million)
11.1 Global CNC Router Market Size and Market Share by Region (2019-2025) 
11.2 Global CNC Router Market Size and Market Share by Region (2026-2032)
11.3  Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia 
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America

12 Company Profiles
12.1 Anderson Group
12.1.1 Company details 
12.1.2 Financial outlook
12.1.3 Product summary 
12.1.4 Recent developments
12.2 AXYZ Automation Group
12.2.1 Company details 
12.2.2 Financial outlook
12.2.3 Product summary 
12.2.4 Recent developments
12.3 Biesse Group
12.3.1 Company details 
12.3.2 Financial outlook
12.3.3 Product summary 
12.3.4 Recent developments
12.4 C.R. Onsrud
12.4.1 Company details 
12.4.2 Financial outlook
12.4.3 Product summary 
12.4.4 Recent developments
12.5 Carbide 3D LLC
12.5.1 Company details 
12.5.2 Financial outlook
12.5.3 Product summary 
12.5.4 Recent developments
12.6 Exel CNC Ltd
12.6.1 Company details 
12.6.2 Financial outlook
12.6.3 Product summary 
12.6.4 Recent developments
12.7 HOMAG Group
12.7.1 Company details 
12.7.2 Financial outlook
12.7.3 Product summary 
12.7.4 Recent developments
12.8 Huawei
12.8.1 Company details 
12.8.2 Financial outlook
12.8.3 Product summary 
12.8.4 Recent developments
12.9  Komo Machine
12.9.1 Company details 
12.9.2 Financial outlook
12.9.3 Product summary 
12.9.4 Recent developments
12.10 MultiCam Inc.
12.10.1 Company details 
12.10.2 Financial outlook
12.10.3 Product summary 
12.10.4 Recent developments 

13 List of Abbreviations

14 Reference Links

15 Conclusion

16 Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
CNC Router Market size is USD 6.24 billion from 2022 to 2032.
CNC Router Market is projected to reach USD 6.24 billion by 2032, growing at a CAGR of 4.49% during the forecast period.
CNC Router Market grew in market size from 2021. The Market is expected to reach USD 6.24 billion by 2032, at a CAGR of 4.49% during the forecast period.
CNC Router Market CAGR of 4.49% during the forecast period.
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CNC Router Market Segment is Covered By Application, By End Use, By Product, By Type.
The North America region is anticipated to have the highest market share in CNC Router Market
The key players in the market include Companies Covered Anderson Group, AXYZ Automation Group, Biesse Group, C.R. Onsrud, Carbide 3LLC, Exel CNC Ltd, HOMAG Group, Huawei, Komo Machine, MultiCam Inc
The growing market for CNC routers is being considerably aided by the growing demand for wooden furniture and other wooden goods.
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