Computer Numerical Control (CNC) Tools And Cutter Grinding Machines Market

By Type;

Tool & Cutter Grinding Machine and Universal Grinding Machine

By Grinding Process;

Cylindrical Grinding and Surface Grinding

By Application ;

Aerospace & Defense, Electrical & Electronics Manufacturing, and Automotive

By End-User;

OEMs (Original Equipment Manufacturers) and Aftermarket Suppliers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn014137830 Published Date: August, 2025 Updated Date: September, 2025

Computer Numerical Control (CNC) Tools And Cutter Grinding Machines Market Overview

Computer Numerical Control (CNC) Tools And Cutter Grinding Machines Market (USD Million)

Computer Numerical Control (CNC) Tools And Cutter Grinding Machines Market was valued at USD 4,199.70 million in the year 2024. The size of this market is expected to increase to USD 5,563.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.


Computer Numerical Control (CNC) Tools And Cutter Grinding Machines Market

*Market size in USD million

CAGR 4.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.1 %
Market Size (2024)USD 4,199.70 Million
Market Size (2031)USD 5,563.82 Million
Market ConcentrationHigh
Report Pages302
4,199.70
2024
5,563.82
2031

Major Players

  • ANCA Pty Ltd.
  • Makino Milling Machine Co., Ltd.
  • JTEKT Corporation
  • Schütte GmbH
  • Haas Automation, Inc.
  • DANOBATGROUP
  • ISOG Technology GmbH
  • Vollmer Group
  • Walter Maschinenbau GmbH
  • United Grinding Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Computer Numerical Control (CNC) Tools And Cutter Grinding Machines Market

Fragmented - Highly competitive market without dominant players


The Computer Numerical Control (CNC) Tools and Cutter Grinding Machines Market is gaining traction due to the rising demand for precision in manufacturing processes across industries. These machines play a crucial role in producing and sharpening cutting tools with high accuracy, improving efficiency by nearly 45% in machining operations. Growing industrial automation and the shift toward advanced machining solutions are significantly driving market expansion.

Growing Adoption of Precision Machining
Manufacturers are increasingly adopting CNC tools and cutter grinding machines to enhance the accuracy and consistency of tool production. Over 50% of industries utilizing metal cutting and forming tools have integrated CNC-based grinding systems. This trend is reshaping manufacturing practices by minimizing errors and improving the overall lifespan of cutting tools.

Technological Advancements in Grinding Systems
Continuous innovation in automation, robotics, and software integration has boosted the performance of CNC grinding machines. Nearly 40% of recent product developments emphasize multi-axis functionality and smart programming for complex tool geometries. These advancements are enabling manufacturers to reduce production time while maintaining superior tool quality.

Future Market Potential
With the ongoing shift toward Industry 4.0 and digital manufacturing, the CNC tools and cutter grinding machines market is poised for steady growth. Enhanced tool reconditioning, integration of AI-based monitoring, and cost-effective production strategies are expected to account for nearly 35% of the future market opportunities, strengthening its role in modern manufacturing ecosystems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Grinding Process
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Tire Curing Press Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation in Manufacturing Processes
        2. Demand for Precision Machining
      2. Restraints
        1. High Initial Investment Costs
        2. Technological Complexity and Skill Requirements
      3. Opportunities
        1. Growing Industrialization in Emerging Economies
        2. Advancements in Grinding Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Tire Curing Press Market, By Type, 2021 - 2031 (USD Million)
      1. Tool & Cutter Grinding Machine
      2. Universal Grinding Machine
    2. Tire Curing Press Market, By Grinding Process, 2021 - 2031 (USD Million)

      1. Cylindrical Grinding

      2. Surface Grinding

    3. Tire Curing Press Market, By Application , 2021 - 2031 (USD Million)
      1. Aerospace And Defense
      2. Electrical And Electronics Manufacturing
      3. Automotive
    4. Tire Curing Press Market, By End-User, 2021 - 2031 (USD Million)

      1. OEMs (Original Equipment Manufacturers)

      2. Aftermarket Suppliers

    5. Tire Curing Press Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ANCA Pty Ltd.
      2. Makino Milling Machine Co., Ltd.
      3. JTEKT Corporation
      4. Schütte GmbH
      5. Haas Automation, Inc.
      6. DANOBATGROUP
      7. ISOG Technology GmbH
      8. Vollmer Group
      9. Walter Maschinenbau GmbH
      10. United Grinding Group
  7. Analyst Views
  8. Future Outlook of the Market