CNC Router Market Growth 2020: Global Industry Overview By Size, Share, Trends, Segments and Geographic Overview With Competitive Landscape Through 2025

Global CNC Router Market Research Report: Information by Type (Stationary Gantry Type, Movable Gantry Type and Cross-feed Unit Type), Product (Plasma, Laser, Water Jet and Metal Tool), Application (Wood Working, Stone Working, Metal Working and others), End-Use Industry (Automotive, Construction, Industrial and others) and Region – Forecast till 2025

Some of the prominent players in the global CNC router market are –

Thermwood Corporation (US), The shoda company (Japan), ShopSabre (US), AXYZ Automation Group (Canada), Carbide 3D LLC (US), and Komo Machine (US), Biesse Group (Italy), HOMAG Group (Germany), Anderson Group (Taiwan), Exel CNC Ltd (UK), and MultiCam Inc. (US).

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Overview

Market Research Future (MRFR) Announces the Publication of its Cooked Research Report — Global CNC router Market 2019–2025.

The global CNC router market is expected to be valued at USD 6,299.5 million by 2025, with a CAGR of 6.14% during the forecast period (2019–2025).

The report covers the segmentation and drivers for a better glimpse of the market in the coming years. A CNC router uses computer software and a computer numerically controlled system to drive a mechanical system. A CNC router has some specific parts, such as the CNC controller and computer system, spindle motors, drive system, and workplace table. Additionally, the CNC router also consists of fixtures and vacuum pumps to hold the parts in place for cutting. A CNC router can be used in the production of many different items, such as door carvings, interior and exterior decorations, wood panels, signboards, wooden frames, moldings, musical instruments, and furniture. The CNC router is widely adopted in various end-use industries, such as wood, automotive, construction, aviation and defense, and electric and electronics.

Competitive Analysis

Biesse Group focuses on innovation to develop custom solutions and services for emerging as one of the leaders in its primary markets. It has been enhancing supply through partnerships across the globe. The company maintains its technological leadership through its technological center and other facilities in various locations that are dedicated to the rapid development of engineered products to meet customer requirements. It is focusing on acquisition as a strategy to enhance its product portfolio and develop new markets. For instance, in July 2017, Biesse Group acquired Movetro s.r.l., which is a manufacturer of edge polishers’ machinery.

HOMAG Group focuses on the development of the organization and operations across the world. The company invests in the hiring of technical expertise to strengthen the teams for the rapid and professional support service and innovation power, globally. It aims to follow mergers and acquisitions as strategies to expand and enhance its global footprint. Furthermore, it plans to invest in the development of innovative advanced solutions to cater to the requirements of wood processing and furniture applications.

Segmental Analysis

The global CNC Router Market is segmented based on type, product, application, and end-use industry. Based on type, the movable gantry type segment is expected to dominate the global market, owing to it is widely used across large industrial applications such as construction, industrial, automotive, and power industry. The machine is a combination of traditional roughing capacity with the speed and precision for cutting, shaping, and reaming. The machine is used to control operations in the three axes. This enhances the machine quality and expands its application areas across different industries.

Based on product, the metal tool segment is expected to dominate the global market. The metal tool CNC router machine is used for the application in woodworking and metalworking. The low cost of the machine and not requirement of skilled labors are expected to raise the demand for the machine in the developing countries. The increased extraction of the wood in the construction application is expected to lead to the growth of metal tool CNC router machines in the global market during the forecast period.

Based on application, the woodworking segment is expected to dominate the global market. The automatic operating system is the main trend in wood manufacturing owing to minimize the risk of cutting and drilling operation failures. The increased adoption and development of CNC router for the woodworking application are the factors that are expected to shift the preference of end users from standard machines to CNC router to enhance operational efficiency and improve product finishing.

Based on end use, the construction segment is expected to dominate the global market. The increase in demand for wood construction and the rise in adoption of advanced machinery for the timing saving construction applications such as drilling, cutting, and routing are factors that are expected to fuel the demand for CNC routers for construction applications.

Regional Analysis

Geographic analysis of the global CNC router market spans across North America, Europe, Asia-Pacific (APAC), and rest of the world.

In 2018, Asia-Pacific was the leading market with a market value of USD 1,756.8 million. The regional market value is expected to reach USD 2,811.7 million by 2025, with an impressive 7.05% CAGR during the forecast period.

Asia-Pacific is one of the prominent markets in the global CNC router market owing to the presence of China, India, and Japan. These countries are recognized as the leading production countries for automotive parts and industrial parts in the global market. Moreover, the expansion of the automotive industry in the region is expected to raise the demand for CNC routers to enhance the quality of production of automotive parts and industrial parts during the forecast period.

In 2018, Europe held the second-largest share in the CNC router market. The growth of the CNC router market in Europe is estimated to witness a tremendous pace, owing to the increase in adoption of advanced technology and import and export activities in the region. Moreover, the region is a hub for the automotive industry with the presence of leading manufacturers with high production capacities such as Audi, BMW, and Volvo. This is also expected to have a positive influence on the growth of the market. Increasing expenditure on research and development by European players is expected to play a crucial role in the growth of the market in this region. Presence of major CNC router manufacturing companies such as Biesse Group, Anderson Europe, and Exel CNC Ltd. are focusing on researching and developing CNC routers to improve the efficiency of CNC router. In 2018, the regional market was valued at USD 1,230.7 million, which is expected to reach USD 1,722.1 million by 2025 with a 5.02% CAGR during the forecast period.

North America is the fastest-growing region in the global CNC router market. Growing investments in the aviation, automotive, and food processing, furniture industries and the presence of major market players drive the demand for CNC routers in this region. The automotive industry is expecting a huge investment by several major market players due to the rising demand for passenger cars. This is expected to drive the CNC router market in the region. Furthermore, increasing labor costs in the region are expected to result in the adoption of CNC routers over conventional machining process, driving market growth. The regional CNC router market is expected to be valued at USD 1,209.1 million by 2025 at 5.71% CAGR during the forecast period.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Table of Contents

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Market Attractiveness Analysis
2.6 Global Cnc Router Market, by Product
2.7 Global Cnc Router Market, by Type
2.8 Global Cnc Router Market, by Application
2.9 Global Cnc Router Market, by End Use
2.10 Key Buying Criteria

3 Market Insights

4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model

5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Growth of the Automotive Industry
5.2.2 Rise in Furniture Production
5.3 Drivers Impact Analysis
5.4 Restraint
5.4.1 Lack of Skilled Labor
5.5 Restraints Impact Analysis
5.6 Opportunity
5.6.1 Automation in Emerging Economies

Continued………

List of Tables

Table 1 List of Assumptions
Table 2 Major Granted Patents on Cnc Router (1 January 2015–08 August 2019)
Table 3 Global Cnc Router Market, by Type, 2017–2025 (Usd Million)
Table 4 Global Cnc Router Market, by Product, 2017–2025 (Usd Million)
Table 5 Global Cnc Router Market, by Application, 2017–2025 (Usd Million)
Table 6 Global Cnc Router Market, by End Use, 2017–2025 (Usd Million)
Table 7 Global Cnc Router Market, by Region, 2017–2025 (Usd Million)
Table 8 Asia-pacific: Cnc Router Market, by Country, 2017–2025 (Usd Million)
Table 9 Asia-pacific: Cnc Router Market, by Type, 2017–2025 (Usd Million)
Table 10 Asia-pacific: Cnc Router Market, by Product, 2017–2025 (Usd Million)

Continued………

15 List of Figures

Figure 1 Market Synopsis
Figure 2 Global Cnc Router Market: Market Structure
Figure 3 Market Attractiveness Analysis: Global Cnc Router Market, 2018, by Region
Figure 4 Global Cnc Router Market, by Product, 2017-2025 (Usd Million)
Figure 5 Global Cnc Router Market, by Type, 2017-2025 (Usd Million)
Figure 6 Global Cnc Router Market, by Application, 2017-2025 (Usd Million)
Figure 7 Global Cnc Router Market, by End Use, 2017-2025 (Usd Million)
Figure 8 Global Cnc Router Market: Key Buying Criteria
Figure 9 Asia–pacific: Cnc Router Market Size & Market Share, by Country, by Value (2018 Vs 2025)
Figure 10 Europe: Cnc Router Market Size & Market Share, by Country, by Value (2018 Vs 2025)

Continued……….

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