| Label | Stationary Gantry Type | Movable Gantry Type |
|---|---|---|
| 2018 | 406.3 USD Mn | 338.3 USD Mn |
| 2019 | 428.3 USD Mn | 362.3 USD Mn |
| 2020 | 384.2 USD Mn | 330 USD Mn |
| 2021 | 396.3 USD Mn | 345.9 USD Mn |
| 2022 | 428 USD Mn | 379.5 USD Mn |
| 2023 | 446.5 USD Mn | 402.4 USD Mn |
| 2024 | 477.3 USD Mn | 437.1 USD Mn |
| 2025 | 497.3 USD Mn | 462.9 USD Mn |
| 2026 | 523.9 USD Mn | 495.7 USD Mn |
| 2027 | 559.1 USD Mn | 537.8 USD Mn |
Data Source: Wantstats Repository
China has emerged as one of the leading global players in manufacturing and machining industries. In recent years, there has been an increasing demand for CNC cutting machines in China. The CNC (Computer Numerical Control) technology has revolutionized the manufacturing sector by providing precision, accuracy, and efficiency in cutting and shaping various materials. This has led to the growth of the CNC cutting machines market in China. The increasing demand for precision cutting and shaping of various materials such as metals, plastics, wood, and composites has been a driving force behind the growth of CNC cutting machines in China. The manufacturing sector in China has been modernizing and upgrading its processes to meet the demands of both local and global markets. This has led to a higher adoption of CNC cutting machines in various industries such as automotive, aerospace, electronics, and furniture, among others. There are various types of CNC cutting machines available in the Chinese market, catering to the diverse needs of industries. These include plasma cutting machines, waterjet cutting machines, laser cutting machines, and flame cutting machines, among others.
Each type of machine has its own advantages and applications based on the material to be cut and the required precision. For instance, laser cutting machines are suitable for cutting intricate and delicate designs on thin materials, while plasma cutting machines are more efficient in cutting thick metals. With the increasing demand for CNC cutting machines, the market has become highly competitive, with both local and international players vying for a share of the market. Chinese manufacturers, such as Jinan Huaxia Machinery Equipment Co., Ltd. and Shandong Yomi CNC Technology Co., Ltd., have been continuously innovating and improving their products to meet the evolving needs of customers. At the same time, international players, such as Amada Co., Ltd. and TRUMPF Group, have been expanding their presence in the Chinese market to tap into the growing demand. In conclusion, the demand for CNC cutting machines in China is expected to continue to grow in the coming years, driven by the need for precision and efficiency in the manufacturing sector. With advancements in technology and increasing competition, the market is likely to witness further developments and innovations, making CNC cutting machines an essential tool in the Chinese manufacturing landscape.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
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China CNC Cutting Machines Market Size, By Type (2018-2027)
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