Middle East & Africa CNC Milling Machines Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by structure (gantry, moving table, fixed table, and column type), x-axis working range (less than 2000 mm, 2001 mm to 5000 mm, 5001 mm to 7000 mm, and above 7000 mm), number of axis (3-axis, 4-axis, 5-axis, and others), and application (automotive & transportation, aerospace & defense, oil & gas, and others).
The Middle East & Africa CNC milling machines market is expected to grow from US$ 233.03 million in 2023 to US$ 365.30 million by 2028. It is estimated to grow at a CAGR of 9.4% from 2023 to 2028.
Integration of Smart Manufacturing Technology with CNC Milling Machines is Fuelling Middle East & Africa CNC milling machines market
Smart manufacturing, over the years, has gained momentum across all manufacturing plants, including electronics, automobiles, and aircraft. Smart manufacturing enables automation across production plants, thereby reducing operational time and cost. CNC milling machines are being increasingly integrated with smart manufacturing technology as it allows program-specific machining operations. This is enabling the manufacturers to enhance the precision and accuracy of operations by reducing human error. Further, the integration of smart manufacturing technology with CNC machining is also enabling the automation of repetitive functions in the Middle East & Africa CNC milling machines market. Thus, the integration of smart manufacturing technologies with CNC milling machines is expected to contribute to the growth of the Middle East & Africa CNC milling machines market over the forecast period.
Middle East & Africa CNC Milling Machines Market Overview
Based on geography, the Middle East & Africa (MEA) CNC milling machines market is classified into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Countries in the Middle East, such as Saudi Arabia, the UAE, Oman, Qatar, and Iran, have huge oil reserves and are among the leading producers of oil and gas globally. CNC milling machines are used across the oil & gas industry for oil and gas production and exploration activities. Thus, the increasing oil & gas production across the region is boosting the demand for CNC milling machines, contributing to the market's growth. Aerospace manufacturing across countries such as Turkey and Israel have experienced a significant increase owing to the presence of companies such as Israel Aerospace Industries and Turkish Aircraft Industries Corporation (TAI). These companies are focused on increasing their aircraft production through strategic initiatives and tie-ups with other companies. For instance, in July 2022, TAI signed three cooperation agreements with Airbus to produce A3F's barrier wall, the A350 series 320 and 18 section combination, and the A19 series Mid Underbody Panels. Thus, the increase in aircraft manufacturing across the region is expected to fuel the demand for CNC milling machines from the aerospace industry, contributing to the Middle East & Africa CNC milling machines market's growth.
Middle East & Africa CNC Milling Machines Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa CNC Milling Machines Market Segmentation
The Middle East & Africa CNC milling machines market is segmented into structure, x- axis working range, number of axis, application, and country. Based on structure, the Middle East & Africa CNC milling machines market is sub segmented into gantry, moving table, fixed table, and column type. The gantry segment registered the largest market share in 2023.
Based on x-axis working range, the Middle East & Africa CNC milling machines market is segmented into less than 2000 mm, 2001 mm to 5000 mm, 5001 mm to 7000 mm, and above 7000 mm. The less than 2000 mm registered the largest market share in 2023.
Based on number of axis, the market is segmented into 3-axis, 4-axis, 5-axis, and others. The 3-axis segment held the largest market share in 2023.
Based on application, the market is segmented into automotive & transportation, aerospace & defense, oil & gas, and others. The automotive & transportation segment held the largest market share in 2023.
Based on country, the market is segmented into South Africa, UAE, Saudi Arabia, and the Rest of Middle East & Africa. South Africa dominated the market share in 2023.
AWEA Mechantronic Co Ltd, Fives SAS, JOBs SpA, Nidec Crop, Okuma Corp, Pietro Carnaghi SpA are the leading companies operating in the Middle East & Africa CNC milling machines market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa CNC Milling Machines Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Middle East & Africa CNC Milling Machines Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Surge in Automotive Production
5.1.2 Increase in Production of Military Aircraft
5.2 Market Restraints
5.2.1 Availability of Alternate Manufacturing Methods
5.3 Market Opportunities
5.3.1 Integration of Smart Manufacturing Technology with CNC milling machines
5.4 Future Trends
5.4.1 Rise in New Product Development by CNC milling machines
5.5 Impact Analysis of Drivers and Restraints
6. CNC Milling Machines Market – Middle East & Africa Analysis
6.1 Middle East & Africa CNC Milling Machines Market Overview
6.2 Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa CNC Milling Machines Market Analysis – by Structure
7.1 Overview
7.2 Middle East & Africa CNC Milling Machines Market, by Structure (2022 and 2028)
7.3 Gantry
7.3.1 Overview
7.3.2 Gantry: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Moving Table
7.4.1 Overview
7.4.2 Moving Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fixed Table
7.5.1 Overview
7.5.2 Fixed Table: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Column Type
7.6.1 Overview
7.6.2 Column Type: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa CNC milling machines Market Analysis – by X-Axis Working Range
8.1 Overview
8.2 Middle East & Africa CNC Milling Machines Market, by X-Axis Working Range (2022 and 2028)
8.3 Less Than 2000 mm
8.3.1 Overview
8.3.2 Less Than 2000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.41 mm to 5000 mm
8.4.1 Overview
8.4.21 mm to 5000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.51 mm to 7000 mm
8.5.1 Overview
8.5.21 mm to 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Above 7000 mm
8.6.1 Overview
8.6.2 Above 7000 mm: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa CNC Milling Machine Market Analysis – By Number of Axis
9.1 Overview
9.2 Middle East & Africa CNC Milling Machine Market Breakdown, by Number of Axis, 2022 & 2028
9.3 3-Axis
9.3.1 Overview
9.3.2 3-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
9.4 4-Axis
9.4.1 Overview
9.4.2 4-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
9.5 5-Axis
9.5.1 Overview
9.5.2 5-Axis: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa CNC Milling Machine Market Analysis – By Application
10.1 Overview
10.2 Middle East & Africa CNC Milling Machine Market Breakdown, by Application, 2022 & 2028
10.3 Automotive & Transportation
10.3.1 Overview
10.3.2 Automotive & Transportation: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10.4 Aerospace & Defense
10.4.1 Overview
10.4.2 Aerospace & Defense: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10.5 Oil & Gas
10.5.1 Overview
10.5.2 Oil & Gas: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
11. Middle East & Africa CNC Milling Machines Market – Country Analysis
11.1 Middle East & Africa: CNC Milling Machines Market
11.1.1 Middle East & Africa: CNC Milling Machines Market, by Key Country
11.1.1.1 South Africa: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 South Africa: CNC Milling Machines Market, by Structure
11.1.1.1.2 South Africa: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.1.2.1 South Africa: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.1.2.2 South Africa: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.1.3 South Africa: CNC Milling Machines Market, by Number of Axis
11.1.1.1.4 South Africa: CNC Milling Machines Market, by Application
11.1.1.2 Saudi Arabia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Saudi Arabia: CNC Milling Machines Market, by Structure
11.1.1.2.2 Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.2.2.1 Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.2.2.2 Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.2.3 Saudi Arabia: CNC Milling Machines Market, by Number of Axis
11.1.1.2.4 Saudi Arabia: CNC Milling Machines Market, by Application
11.1.1.3 UAE: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 UAE: CNC Milling Machines Market, by Structure
11.1.1.3.2 UAE: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.3.2.1 UAE: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.3.2.2 UAE: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.3.3 UAE: CNC Milling Machines Market, by Number of Axis
11.1.1.3.4 UAE: CNC Milling Machines Market, by Application
11.1.1.4 Rest of MEA: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: CNC Milling Machines Market, by Structure
11.1.1.4.2 Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.4.2.1 Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.4.2.2 Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range
11.1.1.4.3 Rest of MEA: CNC Milling Machines Market, by Number of Axis
11.1.1.4.4 Rest of MEA: CNC Milling Machines Market, by Application
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Pietro Carnaghi SpA
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 AWEA Mechantronic Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Fives SAS
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 JOBS SpA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Okuma Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Nidec Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 5. South Africa: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 6. South Africa: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 11. Saudi Arabia: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 12. Saudi Arabia: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 13. Saudi Arabia: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 15. UAE: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 16. UAE: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 17. UAE: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 18. UAE: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 19. UAE: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of MEA: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)
Table 23. Rest of MEA: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)
Table 24. Rest of MEA: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of MEA: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa CNC Milling Machines Market Segmentation
Figure 2. Middle East & Africa CNC Milling Machines Market Segmentation – by Country
Figure 3. Middle East & Africa CNC Milling Machines Market Overview
Figure 4. Middle East & Africa CNC Milling Machines Market, by Structure
Figure 5. Middle East & Africa CNC Milling Machines Market, by Country
Figure 6. MEA: PEST Analysis
Figure 7. CNC milling machines Market – Ecosystem Analysis
Figure 8. Expert Opinions
Figure 9. Middle East & Africa CNC milling machines Market: Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Middle East & Africa CNC Milling Machines Market Revenue Share, by Structure (2022 and 2028)
Figure 12. Gantry: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Moving Table: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Fixed Table: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Column Type: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Middle East & Africa CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 and 2028)
Figure 17. Less Than 2000 mm: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.1 mm to 5000 mm: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.1 mm to 7000 mm: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Above 7000 mm: Middle East & Africa CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Middle East & Africa CNC Milling Machine Market Breakdown, by Number of Axis (2022 and 2028)
Figure 22. 3-Axis: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. 4-Axis: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. 5-Axis: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Middle East & Africa CNC Milling Machine Market Breakdown, by Application (2022 and 2028)
Figure 27. Automotive & Transportation: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Aerospace & Defense: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Oil & Gas: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Middle East & Africa CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Middle East & Africa: CNC Milling Machines Market, by Key Country – Revenue (2021) (US$ Million)
Figure 32. Middle East & Africa: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)
Figure 33. South Africa: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Saudi Arabia: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. UAE: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of MEA: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)
- AWEA Mechantronic Co Ltd
- Fives SAS
- JOBs SpA
- Nidec Crop
- Okuma Corp
- Pietro Carnaghi SpA
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa CNC Milling Machines Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa CNC Milling Machines Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the CNC Milling Machines Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution