According to our (Global Info Research) latest study, the global CNC Router market size was valued at USD 351.8 million in 2022 and is forecast to a readjusted size of USD 458.2 million by 2029 with a CAGR of 3.8% during review period.
A computer numerical control (CNC) router is a computer-controlled cutting machine which typically mounts a hand-held router as a spindle which is used for cutting various materials, such as wood, composites, metals, plastics, glass, and foams. CNC routers can perform the tasks of many carpentry shop machines such as the panel saw, the spindle moulder, and the boring machine. They can also cut joinery such as mortises and tenons.
A CNC router is very similar in concept to a CNC milling machine. Instead of routing by hand, tool paths are controlled via computer numerical control. The CNC router is one of many kinds of tools that have CNC variants.
The world's leading manufacturers of CNC engraving machines are Biesse, AXYZ, MultiCam, Shoda, Thermwood, Komo, CR Onsrud, FlexiCAM, and Shopsabre, with Biesse leading the industry with about 10% market share. Geographically, Asia Pacific was the largest market in the world, which took about 50 percent of the global consumption volume. Europe shared 22% of global total and North America Shared 16%.Segment by Type, the CNC Router can be split into 3 and 4 Axis, 5 Axis. The leading type is 3 and 4 Axis, with a market share about 60%.
Segment by Application, the CNC Router market is sub-segmented into Wood, Plastic and Metal. The largest segment is Wood.
The Global Info Research report includes an overview of the development of the CNC Router industry chain, the market status of Wood (3 and 4 Axis, 5 Axis), Plastic (3 and 4 Axis, 5 Axis), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of CNC Router.
Regionally, the report analyzes the CNC Router markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global CNC Router market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the CNC Router market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the CNC Router industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., 3 and 4 Axis, 5 Axis).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the CNC Router market.
Regional Analysis: The report involves examining the CNC Router market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the CNC Router market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to CNC Router:
Company Analysis: Report covers individual CNC Router manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards CNC Router This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Wood, Plastic).
Technology Analysis: Report covers specific technologies relevant to CNC Router. It assesses the current state, advancements, and potential future developments in CNC Router areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the CNC Router market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
CNC Router market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
3 and 4 Axis
5 Axis
Market segment by Application
Wood
Plastic
Metal
Others
Major players covered
Biesse
AXYZ
MultiCam
Shoda
Thermwood
Komo
CR Onsrud
FlexiCAM
ShopSabre
Shandong Ruijie
ART
Heian
Maxicam
Mehta
Shenhui
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe CNC Router product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of CNC Router, with price, sales, revenue and global market share of CNC Router from 2018 to 2023.
Chapter 3, the CNC Router competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the CNC Router breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and CNC Router market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of CNC Router.
Chapter 14 and 15, to describe CNC Router sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on CNC Router . Industry analysis & Market Report on CNC Router is a syndicated market report, published as Global CNC Router Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of CNC Router market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.