South America 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)

Name: South America CNC Milling Machines Market
SKU: Manufacturing and Construction
Rating: 4.5 (46 reviews)

The South America CNC milling machines market is expected to grow from US$ 155.92 million in 2023 to US$ 234.67 million by 2028. It is estimated to grow at a CAGR of 8.5% from 2023 to 2028.

Increase in Production of Military Aircraft is Fuelling South America CNC Milling Machines Market

The defense aircraft industry is tremendously dynamic in terms of orders, component supply, production volume, supply, cost, and profits. Governments of various countries, as well as private and public companies, are investing huge capital in enhancing aircraft capabilities to meet the aircraft requirements during combat/non-combat scenarios. Further, the manufacturers of defense aircraft models such as fixed wing and rotary wing are experiencing a rise in demand for their models from defense forces across region. Owing to the modernization strategies = adopted by governments and defense authorities. To deliver the desired quality of models, aircraft makers are integrating the models with advanced hardware and software. The military aircraft industry is heavily dominated by a few manufacturers, including Lockheed Martin Corporation, Boeing, Airbus Defense, Dassault Aviation, and Textron Inc. These market players are continuously focusing on enhancing their production capacity to meet the ever-growing demand for military aircrafts. CNC milling machines are used in aircraft production for manufacturing and assembling several aircraft parts. Thus, the rising production of military aircraft is driving the demand for CNC milling machines, thereby contributing to the growth of the South America CNC milling machines market.

South America CNC Milling Machines Market Overview

Based on geography, the South America (SAM) CNC milling machines market is classified into Brazil, Argentina, and the Rest of SAM. The region is home to large oil and gas reserves, with countries such as Argentina, Brazil, Peru, Colombia, and Venezuela experiencing constant growth in production volumes. Thus, the increasing production of oil and gas across the region is positively impacting the demand for CNC milling machines for efficient exploration and production of the same. Additionally, aircraft manufacturers in the region are constantly focused on the expansion of their aircraft production volume for both commercial and military applications. For instance, in November 2022, Embraer announced that it had received credit from Brazil's state development bank for enhancing its production and export of aircraft. The rise in aircraft production is contributing to the increase in demand for advanced CNC milling machines for designing aircraft prototypes and producing other complex aircraft parts.

South America CNC Milling Machines Market Revenue and Forecast to 2028 (US$ Million)

Get more information on this report :

South America CNC Milling Machines Market Segmentation

The South America CNC milling machines market is segmented into structure, x- axis working range, number of axis, application, and country. Based on structure, the South America 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 South America 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 Brazil, Argentina, and the Rest of SAM. Brazil dominated the market share in 2023.

AWEA Mechantronic Co Ltd, Fives SAS, JOBS SpA, Nidec Corp, Okuma Corp, and Pietro Carnaghi SpA are the leading companies operating in the South America 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. South America CNC Milling Machines Market Landscape

4.1 Market Overview

4.2 South America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. South America 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 – South America Analysis

6.1 South America CNC Milling Machines Market Overview

6.2 South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

7. South America CNC Milling Machines Market Analysis – by Structure

7.1 Overview

7.2 South America 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. South America CNC milling machines Market Analysis – by X-Axis Working Range

8.1 Overview

8.2 South America 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. South America CNC Milling Machine Market Analysis – By Number of Axis

9.1 Overview

9.2 South America 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. South America CNC Milling Machine Market Analysis – By Application

10.1 Overview

10.2 South America 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. South America CNC Milling Machines Market – Country Analysis

11.1 Overview

11.1.1 South America: CNC Milling Machines Market, by Key Country

11.1.1.1 Brazil: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Brazil: CNC Milling Machines Market, by Structure

11.1.1.1.2 Brazil: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.1.2.1 Brazil: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.1.2.2 Brazil: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.1.3 Brazil: CNC Milling Machines Market, by Number of Axis

11.1.1.1.4 Brazil: CNC Milling Machines Market, by Application

11.1.1.2 Argentina: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Argentina: CNC Milling Machines Market, by Structure

11.1.1.2.2 Argentina: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.2.2.1 Argentina: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.2.2.2 Argentina: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.2.3 Argentina: CNC Milling Machines Market, by Number of Axis

11.1.1.2.4 Argentina: CNC Milling Machines Market, by Application

11.1.1.3 Rest of SAM: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Rest of SAM: CNC Milling Machines Market, by Structure

11.1.1.3.2 Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.3.2.1 Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.3.2.2 Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range

11.1.1.3.3 Rest of SAM: CNC Milling Machines Market, by Number of Axis

11.1.1.3.4 Rest of SAM: 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. South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. Brazil: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 3. Brazil: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 4. Brazil: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 5. Brazil: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 6. Brazil: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 7. Brazil: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Argentina: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 9. Argentina: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 10. Argentina: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 11. Argentina: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 12. Argentina: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 13. Argentina: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. Rest of SAM: CNC Milling Machines Market, by Structure– Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range – Revenue and Forecast to 2028 (US$ Million)

Table 16. Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range – Volume and Forecast to 2028 (Units)

Table 17. Rest of SAM: CNC Milling Machines Market, by X-Axis Working Range – Pricing and Forecast to 2028 (US$)

Table 18. Rest of SAM: CNC Milling Machines Market, by Number of Axis – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of SAM: CNC Milling Machines Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. South America CNC Milling Machines Market Segmentation

Figure 2. South America CNC Milling Machines Market Segmentation – by Country

Figure 3. South America CNC Milling Machines Market Overview

Figure 4. South America CNC Milling Machines Market, by Structure

Figure 5. South America CNC Milling Machines Market, by Country

Figure 6. SAM: PEST Analysis

Figure 7. CNC milling machines Market – Ecosystem Analysis

Figure 8. Expert Opinions

Figure 9. South America CNC milling machines Market: Impact Analysis of Drivers and Restraints

Figure 10. South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. South America CNC Milling Machines Market Revenue Share, by Structure (2022 and 2028)

Figure 12. Gantry: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Moving Table: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Fixed Table: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Column Type: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. South America CNC Milling Machines Market Revenue Share, by X-Axis Working Range (2022 and 2028)

Figure 17. Less Than 2000 mm: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.1 mm to 5000 mm: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.1 mm to 7000 mm: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Above 7000 mm: South America CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. South America CNC Milling Machine Market Breakdown, by Number of Axis (2022 and 2028)

Figure 22. 3-Axis: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. 4-Axis: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. 5-Axis: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Others: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. South America CNC Milling Machine Market Breakdown, by Application (2022 and 2028)

Figure 27. Automotive & Transportation: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Aerospace & Defense: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. Oil & Gas: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Others: South America CNC Milling Machine Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. South America: CNC Milling Machines Market, by Key Country – Revenue (2021) (US$ Million)

Figure 32. South America: CNC Milling Machines Market Revenue Share, by Key Country (2022 & 2028)

Figure 33. Brazil: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Argentina: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Rest of SAM: CNC Milling Machines Market – Revenue and Forecast to 2028 (US$ Million)

Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement
Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Related Reports

Report Name	Published Date
South America Wind Turbine Condition Monitoring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, and Software a..	May 2022
South and Central America Automotive System Simulation Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Transmission,..	May 2022
South and Central America In-Office Teeth Whitening Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Double-Syring..	May 2022

Purchase Options

Single User License

$3000

Site License

$4000

Enterprise License

$5000

GET FREE SAMPLE PDF

Inquire before Buying Inquire for Discount

Subscription Member Price: FREE

Get Subscription