Metal Machining Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Machine;

Laser Cutting Machines, Plasma Cutting Machines, Flame Cutting Machines and Waterjet Cutting Machines

By End-User;

Automotive, Construction, Aerospace and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn292606172 Published Date: December, 2025 Updated Date: February, 2026

Metal Machining Market Overview

Metal Machining Market (USD Million)

Metal Machining Market was valued at USD 210071.95 million in the year 2024. The size of this market is expected to increase to USD 295592.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Metal Machining Market

*Market size in USD million

CAGR 5.0 %


Study Period2026 - 2032
Base Year2025
CAGR (%)5.0 %
Market Size (2025)USD 210071.95 Million
Market Size (2032)USD 295592.32 Million
Market ConcentrationMedium
Report Pages362
210071.95
2025
295592.32
2032

Major Players

  • AMADA HOLDINGS Co. Ltd.
  • Atlas Copco AB
  • Colfax Corp.
  • DMG MORI AKTIENGESELLSCHAFT
  • FANUC Corp.
  • Messer Cutting Systems Inc.
  • Okuma Corp.
  • Sandvik AB
  • Shenyang Machine Tools Co. Ltd.
  • TRUMPF GmbH + Co. KG
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Metal Machining Market

Fragmented - Highly competitive market without dominant players


Metal Machining Market is rapidly transforming as industries seek faster, more precise, and sustainable production. Adoption of high-precision machining has surged by around 45%, enabling greater efficiency, quality, and reduced material waste across multiple industrial sectors.

Growth Accelerators and Opportunities
Rising demand for lightweight and complex components is a key driver, with over 40% of manufacturers adopting automation-driven systems. This shift reduces errors, boosts scalability, and creates opportunities for eco-friendly machining practices and energy-efficient technologies.

Strategies and Innovations
Nearly 50% of companies are investing in AI-driven tools, robotics integration, and strategic collaborations. These approaches enhance competitiveness, expand production capabilities, and accelerate cutting-edge tool development across industries.

Advancing Technology Integration
The adoption of CNC systems, 5-axis machining, and smart factory solutions is reshaping the market. Approximately 55% of manufacturers are utilizing these technologies to achieve higher productivity, predictive insights, and minimized operational downtime.

Forward-Looking Growth Trends
Metal Machining Market is set for significant expansion, with over 60% of stakeholders planning investments in automation, AI, and sustainable practices. This forward momentum ensures continued growth supported by innovation, eco-friendly approaches, and global partnerships.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Machine
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Metal Machining Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrialization Expansion
        2. Technological Advancements
        3. Automotive Demand Surge
        4. Aerospace Sector Growth
      2. Restraints
        1. High Initial Costs
        2. Skilled Labor Shortage
        3. Environmental Regulations
        4. Market Competition
      3. Opportunities
        1. 3D Printing Integration
        2. Emerging Markets
        3. Green Manufacturing
        4. Customization Demand
    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. Metal Machining Market, By Machine, 2021 - 2031 (USD Million)
      1. Laser Cutting Machines
      2. Plasma Cutting Machines
      3. Flame Cutting Machines
      4. Waterjet Cutting Machines
    2. Metal Machining Market, By End-User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Construction
      3. Aerospace
      4. Others
    3. Metal Machining 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. Amada Holdings Co., Ltd.
      2. DMG Mori Co., Ltd.
      3. Yamazaki Mazak Corporation
      4. Haas Automation, Inc.
      5. FANUC Corporation
      6. Hardinge Inc.
      7. Hurco Companies, Inc.
      8. Okuma Corporation
      9. Doosan
      10. Hyundai WIA
      11. Atlas Copco AB
      12. Messer Cutting Systems GmbH
      13. TRUMPF GmbH
      14. Bystronic Laser AG
  7. Analyst Views
  8. Future Outlook of the Market