Market Overview

A CNC router drives a mechanical system using computer software and a computer numerically controlled system. A CNC router is a cutting device with numerical control, meaning that a computer determines the tool trajectories. Various hard materials, including wood, composites, aluminum, steel, polymers, and foams, are cut using CNC routers. CNC routers are extremely productive, producing complicated structures by simultaneously moving in three dimensions.

The CNC router often comes with spinning bits with 3, 4, and 5 axes for removing material from stock and shaping components. Tools can move in all three axes—X, Y, and Z—concurrently when using 3-axis CNC routers.

The CNC router is available in a variety of forms, including plasma, laser, water jet, and metal cutting tools, which are utilized for a variety of tasks, include dealing with stone, metal, and wood. The CNC router is widely utilized in a variety of business sectors, including foam packaging, cabinetry, general woodworking, sign making, graphics & print finishing, aluminum and metal cladding, and sign making.

The CNC controller and computer system, spindle motors, the drive system, and the workbench are some of the distinctive components of a CNC router. To hold the parts in place while cutting, the CNC router also includes fixtures and vacuum pumps.

A CNC router can be used to create a wide range of products, including furniture, musical instruments, interior and exterior decorations, wood panels, signboards, frames, and moldings. Numerous end-use industries, including wood, automotive, construction, aviation and defense, electric and electronics, and construction, employ CNC routers extensively.

The expansion can be linked to the existence of several manufacturing businesses, as well as the accessibility of cheap labor and raw materials.

Segment Overview

Type, product, application, end-use industry, and region are the five categories that have been utilized to segment the CNC router market. According to Source, the cross-feed unit type, mobile gantry type, and permanent gantry type of CNC routers are the three segments of the market. The plasma, laser, water jet, and metal tool product categories make up the global CNC router market.

The market for CNC routers has been divided into categories for woodworking, stone working, metalworking, and other applications. The construction, industrial, automotive and other segments of the worldwide CNC Router Market have been created based on end use.

Regional Analysis

The North American, European, Asian-Pacific, South American, Latin American, Middle Eastern, and African regions make up the majority of the global CNC router market. From 2021 to 2030, Asia-Pacific is predicted to have the highest demand for CNC routers, largely as a result of the increased demand for products from major producers like China, India, and Japan for automotive and industrial parts.

Additionally, the region is home to the greatest manufacturing sector for consumer goods, electronics, automobiles, and machine tools.

Due to increased adoption of cutting-edge technology and increased import and export operations in the region, the CNC routers market in Europe is anticipated to expand at a remarkable rate over the forecast period. Additionally, the presence of top producers with large manufacturing capacity, such Audi, BMW, and Volvo, makes the area a hub for the automobile sector.

Additionally, it is anticipated that the industry would rise faster due to the expanding renovation of current infrastructure. The top manufacturers of CNC routers, including Biesse Group, Excel CNC Ltd., and Anderson Europe are concentrating on developing new CNC routers to increase their effectiveness.

Major Players

MultiCam Inc. (US), AXYZ Automation Group (Canada), ShopSabre (US), Carbide 3D LLC (US), Exel CNC Ltd (UK), HOMAG Group (Germany), Thermwood Corporation (Dale), The Shoda Company (Japan), Biesse Group (Italy), Anderson Group (Taiwan), and Komo Machine, Inc. (US) are among the leading companies operating in the global CNC Router market.

COVID 19 Impacts

COVID-19 epidemic entails a variety of dangers. In 2020, the pandemic began to spread across the world and is still influencing global economic activities. Global finance markets were disrupted and volatile due to COVID-19, which led to a recession in the economy in 2020.

The COVID-19 outbreak, and the ensuing economic unrest had a detrimental effect on the CNC Router market across a wide range of consumers and countries. Governments across the world have implemented various ways, including travel restrictions, closures of specific businesses, prohibitions on group gatherings and activities, shelter-in-place orders, curfews, and advice to engage in social distancing.

These limitations have caused activity to weaken and temporary closures of manufacturing plants. The CNC Router market has been impacted by COVID-19 in several ways.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 16

2 MARKET INTRODUCTION 18

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 MARKET STRUCTURE 19

3 RESEARCH METHODOLOGY 20

3.1 RESEARCH PROCESS 20

3.2 PRIMARY RESEARCH 21

3.3 SECONDARY RESEARCH 22

3.4 MARKET SIZE ESTIMATION 22

3.5 TOP-DOWN AND BOTTOM-UP APPROACH 23

3.6 FORECAST MODEL 24

3.7 LIST OF ASSUMPTIONS 25

4 MARKET DYNAMICS 26

4.1 OVERVIEW 26

4.2 DRIVERS 27

4.2.1 GROWTH OF THE AUTOMOTIVE INDUSTRY 27

4.2.2 INCREASE IN FURNITURE PRODUCTION 27

4.3 RESTRAINTS 28

4.3.1 LACK OF SKILLED LABOUR 28

4.4 OPPORTUNITIES 29

4.4.1 AUTOMATION IN EMERGING ECONOMIES 29

4.5 COVID-19 IMPACT ANALYSIS 30

4.5.1 IMPACT ON SEMICONDUCTOR COMPONENT MANUFACTURERS 30

4.5.2 IMPACT ON THE GLOBAL CNC ROUTERS MARKET 30

4.5.2.1 IMPACT ON SUPPLY CHAIN 30

4.5.2.2 PRICE VARIATION OF KEY RAW MATERIALS 30

4.5.2.3 PRODUCTION SHUTDOWN 31

4.5.2.4 IMPACT ON MARKET DEMAND 31

5 MARKET FACTOR ANALYSIS 32

5.1 VALUE CHAIN ANALYSIS 32

5.1.1 MATERIAL SUPPLIERS & FOUNDRIES 32

5.1.2 COMPONENT MANUFACTURERS 32

5.1.3 SUB-SYSTEM INTEGRATORS/ASSEMBLERS 32

5.1.4 END-USE APPLICATIONS 32

5.2 PORTER’S FIVE FORCES 33

5.2.1 THREAT OF NEW ENTRANTS 33

5.2.2 BARGAINING POWER OF SUPPLIERS 34

5.2.3 THREAT OF SUBSTITUTES 34

5.2.4 BARGAINING POWER OF BUYERS 34

5.2.5 INTENSITY OF RIVALRY 34

6 GLOBAL CNC ROUTER MARKET, BY TYPE 35

6.1 OVERVIEW 35

6.2 STATIONARY GANTRY TYPE 36

6.3 MOVABLE GANTRY TYPE 36

6.4 CROSS-FEED UNIT TYPE 36

7 GLOBAL CNC ROUTER MARKET, BY PRODUCT 37

7.1 OVERVIEW 37

7.2 PLASMA 38

7.3 LASER 38

7.4 WATER JET 38

7.5 METAL TOOL 39

8 GLOBAL CNC ROUTER MARKET, BY APPLICATION 40

8.1 OVERVIEW 40

8.2 WOOD WORKING 41

8.3 STONE WORKING 41

8.4 METAL WORKING 41

8.5 OTHERS 42

9 GLOBAL CNC ROUTER MARKET, BY END USE 43

9.1 OVERVIEW 43

9.2 AUTOMOTIVE 44

9.3 CONSTRUCTION 44

9.4 INDUSTRIAL 44

9.5 OTHERS 45

10 GLOBAL CNC ROUTER MARKET, BY REGION 46

10.1 OVERVIEW 46

10.2 NORTH AMERICA 48

10.2.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2030 48

10.2.2 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 49

10.2.3 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 50

10.2.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 51

10.2.5 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 52

10.2.6 US 53

10.2.6.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 53

10.2.6.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 53

10.2.6.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 54

10.2.6.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 54

10.2.7 CANADA 55

10.2.7.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 55

10.2.7.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 55

10.2.7.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 56

10.2.7.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 56

10.2.8 MEXICO 57

10.2.8.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 57

10.2.8.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 57

10.2.8.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 58

10.2.8.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 58

10.3 EUROPE 59

10.3.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2030 59

10.3.2 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 60

10.3.3 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 61

10.3.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 62

10.3.5 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 63

10.3.6 UK 64

10.3.6.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 64

10.3.6.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 64

10.3.6.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 65

10.3.6.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 65

10.3.7 GERMANY 66

10.3.7.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 66

10.3.7.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 66

10.3.7.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 67

10.3.7.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 67

10.3.8 FRANCE 68

10.3.8.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 68

10.3.8.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 68

10.3.8.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 69

10.3.8.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 69

10.3.9 ITALY 70

10.3.9.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 70

10.3.9.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 70

10.3.9.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 71

10.3.9.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 71

10.3.10 REST OF EUROPE 72

10.3.10.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 72

10.3.10.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 72

10.3.10.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 73

10.3.10.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 73

10.4 ASIA-PACIFIC 74

10.4.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2030 74

10.4.2 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 75

10.4.3 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 76

10.4.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 77

10.4.5 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 78

10.4.6 CHINA 79

10.4.6.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 79

10.4.6.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 79

10.4.6.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 80

10.4.6.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 80

10.4.7 JAPAN 81

10.4.7.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 81

10.4.7.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 81

10.4.7.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 82

10.4.7.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 82

10.4.8 SOUTH KOREA 83

10.4.8.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 83

10.4.8.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 83

10.4.8.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 84

10.4.8.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 84

10.4.9 INDIA 85

10.4.9.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 85

10.4.9.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 85

10.4.9.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 86

10.4.9.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 86

10.4.10 REST OF ASIA-PACIFIC 87

10.4.10.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 87

10.4.10.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 87

10.4.10.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 88

10.4.10.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 88

10.5 REST OF THE WORLD 89

10.5.1 MARKET ESTIMATES AND FORECAST, BY REGION, 2018–2030 89

10.5.2 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 90

10.5.3 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 91

10.5.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 92

10.5.5 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 93

10.5.6 MIDDLE EAST & AFRICA 94

10.5.6.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 94

10.5.6.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 94

10.5.6.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 95

10.5.6.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 95

10.5.7 SOUTH AMERICA 96

10.5.7.1 MARKET ESTIMATES AND FORECAST, BY TYPE, 2018–2030 96

10.5.7.2 MARKET ESTIMATES AND FORECAST, BY PRODUCT, 2018–2030 96

10.5.7.3 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2030 97

10.5.7.4 MARKET ESTIMATES AND FORECAST, BY END USE, 2018–2030 97

11 COMPETITIVE LANDSCAPE 98

11.1 OVERVIEW 98

11.2 MARKET SHARE ANALYSIS 99

11.3 COMPETITIVE BENCHMARKING 100

11.4 COMPETITOR DASHBOARD 101

12 COMPANY PROFILES 102

12.1 BIESSE GROUP 102

12.1.1 COMPANY OVERVIEW 102

12.1.2 FINANCIAL OVERVIEW 103

12.1.3 PRODUCTS OFFERED 104

12.1.4 KEY DEVELOPMENTS 105

12.1.5 SWOT ANALYSIS 105

12.1.6 KEY STRATEGIES 106

12.2 HOMAG GROUP 107

12.2.1 COMPANY OVERVIEW 107

12.2.2 FINANCIAL OVERVIEW 107

12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 108

12.2.4 KEY DEVELOPMENTS 108

12.2.5 SWOT ANALYSIS 109

12.2.6 KEY STRATEGIES 109

12.3 ANDERSON INDUSTRIAL CORPORATION 110

12.3.1 COMPANY OVERVIEW 110

12.3.2 FINANCIAL OVERVIEW 110

12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 111

12.3.4 KEY DEVELOPMENTS 111

12.3.5 SWOT ANALYSIS 112

12.3.6 KEY STRATEGIES 112

12.4 EXEL CNC LTD 113

12.4.1 COMPANY OVERVIEW 113

12.4.2 FINANCIAL OVERVIEW 113

12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 113

12.4.4 KEY DEVELOPMENTS 113

12.4.5 SWOT ANALYSIS 114

12.4.6 KEY STRATEGIES 114

12.5 MULTICAM INC. 115

12.5.1 COMPANY OVERVIEW 115

12.5.2 FINANCIAL OVERVIEW 115

12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 115

12.5.4 KEY DEVELOPMENTS 116

12.5.5 SWOT ANALYSIS 116

12.5.6 KEY STRATEGIES 116

12.6 THERMWOOD CORPORATION 117

12.6.1 COMPANY OVERVIEW 117

12.6.2 FINANCIAL OVERVIEW 117

12.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 117

12.6.4 KEY DEVELOPMENTS 118

12.6.5 SWOT ANALYSIS 118

12.6.6 KEY STRATEGIES 118

12.7 THE SHODA COMPANY 119

12.7.1 COMPANY OVERVIEW 119

12.7.2 FINANCIAL OVERVIEW 119

12.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 119

12.7.4 KEY DEVELOPMENTS 119

12.8 SHOPSABRE 120

12.8.1 COMPANY OVERVIEW 120

12.8.2 FINANCIAL OVERVIEW 120

12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 120

12.8.4 KEY DEVELOPMENTS 121

12.8.5 KEY STRATEGIES 121

12.9 AXYZ AUTOMATION GROUP 122

12.9.1 COMPANY OVERVIEW 122

12.9.2 FINANCIAL OVERVIEW 122

12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 122

12.9.4 KEY DEVELOPMENTS 122

12.10 CARBIDE 3D LLC 123

12.10.1 COMPANY OVERVIEW 123

12.10.2 FINANCIAL OVERVIEW 123

12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 123

12.10.4 KEY DEVELOPMENTS 123

12.11 KOMO MACHINE, INC. 124

12.11.1 COMPANY OVERVIEW 124

12.11.2 FINANCIAL OVERVIEW 124

12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 124

12.11.4 KEY DEVELOPMENTS 125

12.11.5 KEY STRATEGIES 125

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