Machining Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Machining Market is segmented By Type (Lathe Machines, Laser Machines, Milling Machines, Grinding Ma...

Machining Market Size

Market Size in USD Bn

CAGR6.7%

Study Period2025-2032
Base Year of Estimation2024
CAGR6.7%
Market ConcentrationHigh
Major PlayersFANUC Corp., DMG MORI Co Ltd., AMADA Co. Ltd., Atlas Copco AB., Bystronic Laser AG. and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Machining Market Analysis

The machining market is estimated to be valued at USD 429.53 Bn in 2025 and is expected to reach USD 676.31 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032. The machining market is witnessing few key trends such as growing adoption of computer numerical controlled (CNC) machines, rising demand for multi-tasking machines, and growing popularity of hybrid machining processes.

Machining Market Report Snapshots