CNC Milling Machines Market Revenue to Attain USD 120.82 Bn by 2035
Published: 24 Feb 2026
Author: Precedence Research
CNC Milling Machines Market Revenue and Trends 2026 to 2035
The global CNC milling machines market size is estimated at USD 84.86 billion in 2025 and is predicted to increase from USD 87.96 billion in 2026 to approximately USD 120.82 billion by 2034, expanding at a CAGR of 3.60% from 2026 to 2035. The CNC milling machines market is growing because manufacturers need faster production, precision, and consistent accuracy, which is achieved by using CNC milling machines.
What are the Driving Factors of the CNC Milling Machines Market?
A CNC (Computer Numerical Control) milling machine is a computer-controlled machine used to cut and shape solid materials like metal and plastics. The operator inputs into the digital system, and the machine follows those instructions to remove material with high precision. The growth of the CNC milling machines market is driven by its precision and consistency that manual machines cannot match. These machines reduce human mistakes and ensure uniform quality across large-scale production. CNC machines operate at high speeds and have a high repeatability rate. It can be programmed to create different shapes and designs.
Segment Insight
By Product Type
The CNC milling machine market is divided into vertical, horizontal, and universal types. The vertical machines segment is dominating the market due to its compact size, high precision, and ease of use. The universal CNC milling machines segment is expected to grow in the market. They can perform multiple milling operations at different angles, offering flexibility and efficiency across various industries.
By Axis Insights
The 3-axis CNC milling machine segment holds the largest share of the market because of its simplicity, reliability, and cost efficiency. The machine can mill components in three axes at the same time. It is widely used for standard milling operations across automotive, metal fabrication, and general manufacturing.
By End User Insights
The automotive segment dominated the market need for precision components such as engine parts and structural components. The rising preference of people in buying vehicles demands high vehicle production. The CNC technology is heavily used by manufacturers to maintain high production volumes. The aerospace and defence segment is expected to grow faster in the market. Aircraft and defence equipment require highly complex, lightweight, and precision-made components that demand a CNC milling machine to fulfil requirement.
Regional Insights
Asia Pacific dominated the CNC milling machine market due to cost competitive production environment. CNC machines are used in automotive plants and small metal workshops. Increasing investment in the industrial sector and governments also supporting initiatives to manufacture in their own country is driving demand in the region. China is the largest producer of electric vehicles, and hence requires CNC milling machines for the precise production of vehicles.
Europe is expected to be the fastest-growing region in the market. The region is known for its strong aerospace and automotive engineering, where quality standards are extremely strict. Companies are replacing old machines with smarter, more efficient systems. Energy industries are also growing and pushing demand in the market.
CNC Milling Machines Market Coverage
| Report Attribute | Key Statistics |
| Market Revenue in 2025 | USD 84.86 Billion |
| Market Revenue by 2035 | USD 120.82 Billion |
| CAGR from 2026 to 2035 | 3.60% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2025 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Recent Developments
- In November 2025, Nestworks, an advanced manufacturing tool company, launched its Desktop CNC machine on Kickstarter. This desktop-sized device is capable of “serious metal machining” for precision fabrication of titanium, stainless steel, and other hard metals.
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