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.
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.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By End Use, By Product, By Type.
|
| Regions covered | Asia-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.
