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Manufacturing and Construction Europe CNC Milling Machines Market...

Europe CNC Milling Machines Market forecast to 2028 – COVID-19 Impact and Regional analysis – by structure (gantry, moving table, fixed table, and column type), x-axis working range (less than 2000 mm, 2001 mm to 5000 mm, 5001 mm to 7000 mm, and above 7000 mm), number of axis (3-axis, 4-axis, 5-axis, and others), and application (automotive & transportation, aerospace & defense, oil & gas, and others)

BMIRE00028412 | Pages: 149 | Manufacturing and Construction | May 2023 | Type: Regional | Status: Published

The Europe America CNC milling machines market is expected to grow from US$ 2,840.49 million in 2023 to US$ 4,737.15 million by 2028. It is estimated to grow at a CAGR of 11.5% from 2023 to 2028.

Surge in Automotive Production is Fuelling Europe CNC milling machines market

The automotive industry across the region is experiencing significant changes such as rise in production of electric vehicles and autonomous vehicles. Many automotive manufacturers have increased their production through the adoption of automation and production plant expansion across the region. A few of the new manufacturing plants opened in recent years. For instance, In September 2022, Continental unveiled its new automotive production plant in Texas with an investment of US$ 110 million. The opening of new production plants across the region is contributing to the rise in vehicle production. CNC milling machines are used widely for automotive production, including the manufacturing of several parts such as interior panels, gearboxes, custom parts, and motors. Thus, the growing automotive production across the region is driving the demand for CNC milling machines, thereby contributing to the growth of the Europe CNC milling machines market.

Europe CNC Milling Machines Market Overview

The Europe CNC milling machines market is classified into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Rapidly growing automotive and aerospace industries across the region are contributing to the rise in demand for CNC milling machines in Europe. Europe has a robust automotive industry that is focused on increasing the production of both passenger and commercial vehicles with innovative design and optimum safety. Major European automotive brands include Porsche, Mercedes-Benz, BMW, Volkswagen, Opel, Rolls-Royce, Aston Martin, and Maserati. These brands are focused on increasing their production of cars to cater to the rising demand worldwide. For instance, according to the Association of European Automobile Manufacturers (ACEA), more than 290 automotive manufacturing plants were operating in the region as of 2020. Similarly, the opening of new electric vehicle and autonomous vehicle production plants across the region has experienced a rise in recent years. These factors are positively influencing the demand for CNC milling machines, thereby contributing to the growth of the market.

Europe CNC Milling Machines Market Revenue and Forecast to 2028 (US$ Million)

Europe CNC Milling Machines Market Revenue and Forecast to 2028 (US$ Million)

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Europe CNC Milling Machines Market Segmentation

The Europe CNC milling machines market is segmented into structure, x- axis working range, number of axis, application, and country. Based on structure, the Europe CNC milling machines market is sub segmented into gantry, moving table, fixed table, and column type. The gantry segment registered the largest market share in 2023.

Based on x-axis working range, the Europe CNC milling machines market is segmented into less than 2000 mm, 2001 mm to 5000 mm, 5001 mm to 7000 mm, and above 7000 mm. The less than 2000 mm registered the largest market share in 2023.

Based on number of axis, the market is segmented into 3-axis, 4-axis, 5-axis, and others. The 3-axis segment held the largest market share in 2023. 

Based on application, the market is segmented into automotive & transportation, aerospace & defense, oil & gas, and others. The automotive & transportation segment held the largest market share in 2023. 

Based on country, the market is segmented into France, Germany, UK, Italy, Russia, and Rest of Europe. Germany dominated the market share in 2023. 

AWEA Mechantronic Co Ltd, EMCO GmbH, Fives SAS, JOBS SpA, Nicolas Correa SA, Nidec Corp, Okuma Corp, Pietro Carnaghi SpA are the leading companies operating in the Europe CNC milling machines market. 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe CNC Milling Machines Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Europe CNC Milling Machines Market – Key Industry Dynamics

5.1         Market Drivers

5.1.1        Surge in Automotive Production

5.1.2        Increase in Production of Military Aircraft

5.2         Market Restraints

5.2.1        Availability of Alternate Manufacturing Methods

5.3         Market Opportunities

5.3.1        Integration of Smart Manufacturing Technology with CNC milling machines

5.4         Future Trends

5.4.1        Rise in New Product Development by CNC milling machines

5.5         Impact Analysis of Drivers and Restraints

6.           CNC Milling Machines Market –Europe Analysis

6.1         Europe CNC Milling Machines Market Overview

6.2         Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

7.           Europe CNC Milling Machines Market Analysis – by Structure

7.1         Overview

7.2         Europe CNC Milling Machines Market, by Structure (2022 and 2028)

7.3         Gantry

7.3.1        Overview

7.3.2        Gantry: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Moving Table

7.4.1        Overview

7.4.2        Moving Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Fixed Table

7.5.1        Overview

7.5.2        Fixed Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Column Type

7.6.1        Overview

7.6.2        Column Type: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe CNC milling machines Market Analysis – by X-Axis Working Range

8.1         Overview

8.2         Europe CNC Milling Machines Market, by X-Axis Working Range (2022 and 2028)

8.3         Less Than 2000 mm

8.3.1        Overview

8.3.2        Less Than 2000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

8.41 mm to 5000 mm

8.4.1        Overview

8.4.21 mm to 5000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

8.51 mm to 7000 mm

8.5.1        Overview

8.5.21 mm to 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Above 7000 mm

8.6.1        Overview

8.6.2        Above 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe CNC Milling Machine Market Analysis – By Number of Axis

9.1         Overview

9.2         Europe CNC Milling Machine Market Breakdown, by Number of Axis, 2022 & 2028

9.3         3-Axis

9.3.1        Overview

9.3.2        3-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

9.4         4-Axis

9.4.1        Overview

9.4.2        4-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

9.5         5-Axis

9.5.1        Overview

9.5.2        5-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

10.        Europe CNC Milling Machine Market Analysis – By Application

10.1      Overview

10.2      Europe CNC Milling Machine Market Breakdown, by Application, 2022 & 2028

10.3      Automotive & Transportation

10.3.1     Overview

10.3.2     Automotive & Transportation: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

10.4      Aerospace & Defense

10.4.1     Overview

10.4.2     Aerospace & Defense: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

10.5      Oil & Gas

10.5.1     Overview

10.5.2     Oil & Gas: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

10.6      Others

10.6.1     Overview

10.6.2     Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

11.        Europe CNC Milling Machines Market – Country Analysis

11.1      Overview

11.1.1     Europe: CNC Milling Machines Market, by Key Country

11.1.1.1       Germany: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       Germany: CNC Milling Machines Market, by Structure

11.1.1.1.2       Germany: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.1.2.1     Germany: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.1.2.2     Germany: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.1.3       Germany: CNC Milling Machines Market, by Number of Axis

11.1.1.1.4       Germany: CNC Milling Machines Market, by Application

11.1.1.2       France: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       France: CNC Milling Machines Market, by Structure

11.1.1.2.2       France: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.2.2.1     France: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.2.2.2     France: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.2.3       France: CNC Milling Machines Market, by Number of Axis

11.1.1.2.4       France: CNC Milling Machines Market, by Application

11.1.1.3       Italy: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Italy: CNC Milling Machines Market, by Structure

11.1.1.3.2       Italy: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.3.2.1     Italy: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.3.2.2     Italy: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.3.3       Italy: CNC Milling Machines Market, by Number of Axis

11.1.1.3.4       Italy: CNC Milling Machines Market, by Application

11.1.1.4       UK: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       UK: CNC Milling Machines Market, by Structure

11.1.1.4.2       UK: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.4.2.1     UK: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.4.2.2     UK: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.4.3       UK: CNC Milling Machines Market, by Number of Axis

11.1.1.4.4       UK: CNC Milling Machines Market, by Application

11.1.1.5       Russia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1       Russia: CNC Milling Machines Market, by Structure

11.1.1.5.2       Russia: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.5.2.1     Russia: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.5.2.2     Russia: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.5.3       Russia: CNC Milling Machines Market, by Number of Axis

11.1.1.5.4       Russia: CNC Milling Machines Market, by Application

11.1.1.6       Rest of Europe: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1       Rest of Europe: CNC Milling Machines Market, by Structure

11.1.1.6.2       Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.6.2.1     Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.6.2.2     Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.6.3       Rest of Europe: CNC Milling Machines Market, by Number of Axis

11.1.1.6.4       Rest of Europe: CNC Milling Machines Market, by Application

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      Product Development

13.        Company Profiles

13.1      Pietro Carnaghi SpA

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      AWEA Mechantronic Co Ltd

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Fives SAS

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      JOBS SpA

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Okuma Corp

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Nicolas Correa SA

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      EMCO GmbH

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Nidec Corp

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 

 

LIST OF TABLES

Table 1.             Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 5.             Germany: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 6.             Germany: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Germany: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             France: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 9.             France: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 10.          France: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 11.          France: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 12.          France: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 13.          France: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Italy: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 15.          Italy: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Italy: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 17.          Italy: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 18.          Italy: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Italy: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20.          UK: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 21.          UK: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 22.          UK: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 23.          UK: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 24.          UK: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 25.          UK: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26.          Russia: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 27.          Russia: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 28.          Russia: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 29.          Russia: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 30.          Russia: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 31.          Russia: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 32.          Rest of Europe: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 33.          Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 34.          Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 35.          Rest of Europe: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 36.          Rest of Europe: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 37.          Rest of Europe: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 38.          List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           Europe CNC Milling Machines Market Segmentation

Figure 2.           Europe CNC Milling Machines Market Segmentation – by Country

Figure 3.           Europe CNC Milling Machines Market Overview

Figure 4.           Europe CNC Milling Machines Market, by Structure

Figure 5.           Europe CNC Milling Machines Market, by Country

Figure 6.           Europe: PEST Analysis

Figure 7.           CNC milling machines Market – Ecosystem Analysis

Figure 8.           Expert Opinions

Figure 9.           Europe CNC milling machines Market: Impact Analysis of Drivers and Restraints

Figure 10.        Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Europe CNC Milling Machines Market Revenue Share, by Structure (2022 and 2028)

Figure 12.        Gantry: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Moving Table: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Fixed Table: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Column Type: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Europe CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 and 2028)

Figure 17.        Less Than 2000 mm: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.1 mm to 5000 mm: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.1 mm to 7000 mm: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Above 7000 mm: Europe CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Europe CNC Milling Machine Market Breakdown, by Number of Axis (2022 and 2028)

Figure 22.        3-Axis: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        4-Axis: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        5-Axis: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Others: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Europe CNC Milling Machine Market Breakdown, by Application (2022 and 2028)

Figure 27.        Automotive & Transportation: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Aerospace & Defense: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Oil & Gas: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Others: Europe CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Europe: CNC Milling Machines Market, by Key Country – Revenue (2022) (US$ Million)

Figure 32.        Europe: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)

Figure 33.        Germany: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        France: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Italy: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        UK: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Russia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Rest of Europe: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

 

  1. AWEA Mechantronic Co Ltd
  2. EMCO GmbH
  3. Fives SAS
  4. JOBS SpA
  5.  Nicolas Correa SA
  6. Nidec Corp
  7. Okuma Corp
  8. Pietro Carnaghi SpA
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe CNC Milling Machine Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe CNC Milling Machine Market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the CNC Milling Machine Market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  

 

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