Computer numerical control is a method of automating machine tools by means of a computer. Reflecting the growth of the global industrial automation market, the global computer numerical control market is expected to grow as well. While the market for computer numerical control amounted to some 14.6 billion U.S. dollars in 2018, it is forecast to grow to almost 23 billion U.S. dollars in 2026.
Size of the computer numerical control (CNC) market between 2018 and 2026
(in million U.S. dollars)
Characteristic
Market size in million U.S. dollars
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* Forecast.
For the Statista estimate an exponential development of the values between 2018 and 2026 was assumed to estimate the annual values. The values for 2018 and 2026 were provided by the source.
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Statista. (March 9, 2021). Size of the computer numerical control (CNC) market between 2018 and 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1220165/computer-numerical-control-market-size-worldwide/
Statista. "Size of the computer numerical control (CNC) market between 2018 and 2026 (in million U.S. dollars)." Chart. March 9, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1220165/computer-numerical-control-market-size-worldwide/
Statista. (2021). Size of the computer numerical control (CNC) market between 2018 and 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1220165/computer-numerical-control-market-size-worldwide/
Statista. "Size of The Computer Numerical Control (Cnc) Market between 2018 and 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 9 Mar 2021, https://www.statista.com/statistics/1220165/computer-numerical-control-market-size-worldwide/
Statista, Size of the computer numerical control (CNC) market between 2018 and 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1220165/computer-numerical-control-market-size-worldwide/ (last visited July 27, 2024)
Size of the computer numerical control (CNC) market between 2018 and 2026 (in million U.S. dollars) [Graph], Statista, March 9, 2021. [Online]. Available: https://www.statista.com/statistics/1220165/computer-numerical-control-market-size-worldwide/