Computer Numerical Control Machine Market size was valued at USD 72.56 billion in 2024 and is anticipated to exceed USD 164.53 billion by the end of 2037, registering over 6.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of computer numerical control machine is evaluated at USD 76.33 billion. The reason behind this growth is impelled by technological advancements as these machines are expected to be more sophisticated along with incorporating features such as multi-axis capabilities and the integration of Artificial Intelligence (AI) and Internet of Things (IoT) technology. According to the Comp TIA IT Industry, about 22% of worldwide firms are aggressively pursuing the integration of Artificial Integration, while more than 33% of the firms are promoting the implementation of AI.
Furthermore, the growing demand for automation is increasing productivity as over 90% of businesses report a surge in automation demand, as it provides cutting expenses and satisfying the growing demand for complicated products, and manufacturers, and it also progressively implements automation technologies. These CNC machines are pretty accurate and do provide dependable production procedures.
Author Credits: Abhishek Verma
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