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CNC Vertical Machining Centers Market to Grow by USD 1.09 Billion (2025-2029), Driven by Demand for CNC Tools and AI-Powered Market Evolution – Technavio

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NEW YORK, Jan. 7, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global CNC vertical machining centers market size is estimated to grow by USD 1.09 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 5% during the forecast period. Increasing demand for cnc-incorporated machine tools is driving market growth, with a trend towards emergence of autonomous and electric cars. However, availability of horizontal machining centers and refurbished vertical machining centers poses a challenge. Key market players include Bharat Fritz Werner Ltd., Chiron Group SE, DMG MORI Co. Ltd., DN Solutions Co. Ltd., Gebr. Heller Maschinenfabrik GmbH, GF Machining Solutions AG, Haas Automation Inc., Hurco Companies Inc., Jyoti CNC Automation Ltd., Komatsu Ltd., Makino Milling Machine Co. Ltd., Maschinenfabrik Berthold Hermle AG, Maxmill Machinery Co. Ltd., Micromatic Machine Tools Pvt. Ltd., Mitsubishi Electric Corp., Okuma Corp, SCM GROUP Spa, Shandong Luzhong Machine Tool Co. Ltd., Shenyang Yiji Machine Tool Sales Co. Ltd., and Yamazaki Mazak Corp..

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CNC Vertical Machining Centers Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2025-2029

USD 1090.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.8

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, Germany, Japan, Canada, Italy, India, South Korea, UK, and France

Key companies profiled

Bharat Fritz Werner Ltd., Chiron Group SE, DMG MORI Co. Ltd., DN Solutions Co. Ltd., Gebr. Heller Maschinenfabrik GmbH, GF Machining Solutions AG, Haas Automation Inc., Hurco Companies Inc., Jyoti CNC Automation Ltd., Komatsu Ltd., Makino Milling Machine Co. Ltd., Maschinenfabrik Berthold Hermle AG, Maxmill Machinery Co. Ltd., Micromatic Machine Tools Pvt. Ltd., Mitsubishi Electric Corp., Okuma Corp, SCM GROUP Spa, Shandong Luzhong Machine Tool Co. Ltd., Shenyang Yiji Machine Tool Sales Co. Ltd., and Yamazaki Mazak Corp.

Market Driver

The CNC vertical machining centers market is experiencing significant growth due to increased demand for metal components in various industries. Hard metals, steel, and aluminum are popular materials in manufacturing, particularly for complex jobs and industrial processes. Templates and cams are essential tools for CNC machining, enabling efficient manufacturing of metal components. Vertical machining centers are ideal for manufacturing molds, die cavities, engine propellers, and impellers. Advanced CNC controls, high-speed spindles, and automatic tool changers enhance production capacity and efficiency. Giant manufacturing countries lead the market, with trends towards automation technologies such as collaborative robots and lights-out production. The manufacturing industry segment is a major consumer, with the electrical industry, automotive, and aerospace sectors driving demand. Raw materials like steel, carbon, and electricity costs impact CNC machining capacity. CNC machining centers are used for milling, drilling, and cutting various workpieces, including metals and wood. The market for CNC machining centers is expanding, with applications in the industrial automation market, electronic products, semiconductors, and consumer electronics. Horizontal machining centers and CNC milling machines are alternative solutions, with 3-axis and advanced tool axes offering flexibility for milling and rotary cutting. The market for CNC machining centers is expected to grow, driven by the increasing demand for automation and the need for high-precision components. 

The global shift towards electric vehicles (EVs) is significantly impacting the CNC vertical machining centers market. With the elimination of traditional internal combustion engine (ICE) components like exhaust systems, pistons, valves, crankshafts, engine blocks, and exhaust headers, the demand for machined parts is decreasing. This reduction in demand may lead to market contraction, potentially affecting numerous vendors in this complex industry. Simultaneously, the automotive sector’s growing focus on autonomous vehicles presents new opportunities for innovation and growth in manufacturing processes. 

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Market Challenges

The CNC vertical machining centers market faces several challenges in manufacturing metal components for various industries. Hard metals and steel require high CNC machining capacity and advanced controls for efficient production. Aluminum, used in flat works and manufacturing molds and die cavities, presents challenges due to its heat sensitivity. Manufacturing complex jobs in hard metals, steel, and aluminum for industries like aerospace, automotive, and heavy machinery requires vertical machining centers with high-speed spindles and automatic tool changers. The cost of raw materials, such as steel and carbon, as well as electricity, impacts the profitability of CNC machining centers. The manufacturing industry segment seeks automation technologies like collaborative robots and lights-out production for increased efficiency. In contrast, horizontal machining centers cater to industries producing large components, such as engine propellers and impellers. The industrial automation market’s growth in sectors like the electrical industry, electronic products, semiconductors, and consumer electronics drives the demand for CNC machining centers. CNC milling machines, with their tool axes, are essential for milling and cutting workpieces made of metal, wood, and other raw materials. The use of CAM software and rotary cutters enhances the productivity of CNC machining centers. Ferrous and non-ferrous metals, including metals used in industrial processes, present unique challenges for CNC machining centers. Overall, the CNC machining centers market must adapt to these challenges to remain competitive in the evolving manufacturing landscape.The CNC vertical machining center market in mature industries of the US and Europe is facing challenges due to rising labor costs and stringent emission norms, leading to the closure of several manufacturing operations. This surplus of used equipment has increased the availability of refurbished CNC vertical machining centers in the market, making it a cost-effective option for industries in developing countries like China, India, and Singapore. However, the affordability of refurbished machines may hinder the demand for new CNC vertical machining centers. Additionally, CNC horizontal machining centers can serve as viable alternatives, adding complexity to the market dynamics.

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Segment Overview 

This cnc vertical machining centers market report extensively covers market segmentation by  

Product 1.1 Less than 5-axis1.2 5-axis or moreEnd-user 2.1 Automotive2.2 Aerospace2.3 Metal fabrication2.4 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Less than 5-axis-  CNC vertical machining centers come in three variants: 2.5-axis, 3-axis, and 4-axis. In 2.5-axis machines, only two axes can rotate simultaneously. In contrast, 3-axis and 4-axis models enable the cutting tool to move around three axes (X, Y, and Z) and a rotating X-axis, respectively. While 2.5-axis machines are mostly outdated, 4-axis models have gained popularity. However, 5-axis CNC vertical machining centers lead the market due to their extensive capabilities. For simple metal designs like gear cutting, 3-axis and 4-axis machines are preferred due to their affordability. The adoption of 3+2 CNC vertical machining centers is increasing, offering a cost-effective way to upgrade capabilities. SMEs and start-ups, constrained by budgets, will continue to drive demand for 3-axis CNC vertical machining centers, fueling market growth.

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Research Analysis

CNC Vertical Machining Centers (VMCs) are essential machines in the manufacturing industry for producing metal components from hard metals, steel, aluminum, and various ferrous and non-ferrous metals. VMCs utilize Computer Numerical Control (CNC) technology, including templates, cams, and rotary devices, to precisely machine parts along the spindle axis. These machines are widely used in the manufacturing industry segment for producing complex components in large quantities. CNC VMCs can be integrated with collaborative robots for lights-out production and CAM software for optimized tool path planning. Rotary cutters and milling machines are common types of VMCs used for cutting and milling materials like wood, steel, and electrical industry components. The tool axes in VMCs can be configured to accommodate various cutting tools, enabling the production of intricate parts for diverse industries, including automotive, aerospace, and industrial automation market.

Market Research Overview

CNC Vertical Machining Centers (VMCs) are essential machines used in manufacturing industry for producing metal components from hard metals, steel, and aluminum. VMCs utilize Computer Numerical Control (CNC) technology, templates, cams, and rotary devices to machine complex jobs on flat works, molds, die cavities, engine propellers, and impellers. Industrial processes, including manufacturing activities in giant manufacturing countries, increasingly rely on VMCs for their high precision and efficiency. VMCs can be distinguished from Horizontal Machining Centers (HMCs) by their vertical spindle axis. Advanced CNC controls, high-speed spindles, automatic tool changers, and automation technologies such as collaborative robots enable lights-out production. CNC machining capacity is influenced by raw material costs, including steel, carbon, and electricity, as well as the manufacturing industry segment. CNC machining centers are used in various industries, including electrical, automotive, aerospace, and consumer electronics, to produce parts for semiconductors, printed circuit boards, heat sinks, and more. Milling, rotary cutters, and milling machines are common applications for VMCs, which can machine metal, wood, and other materials using tool axes.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductLess Than 5-axis5-axis Or MoreEnd-userAutomotiveAerospaceMetal FabricationOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Zoomlion Smart Industrial City Achieves Full Solar Integration, Setting a Green Benchmark for the Industry

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CHANGSHA, China, Jan. 9, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”, 1157.HK) announced that the rooftop distributed photovoltaic (PV) project at the Mobile Crane Machinery Park of Zoomlion Smart Industrial City has successfully connected to the grid, marking the achievement of full-capacity solar power integration. With this milestone, all parks within the Smart Industrial City now operate entirely on green energy, setting a new benchmark for sustainability in the industry.

The distributed PV system at Zoomlion Smart Industrial City spans across four major parks: Concrete, Mobile Crane, Earthmoving Machinery and Aerial Work Platform. Covering a total installation area of 400,000 square meters, the solar power system now boasts a total capacity of 85 MWp, with an annual electricity output of 65.6 million kWh. This is equivalent to saving 21,500 tons of standard coal and reducing carbon dioxide emissions by 65,400 tons annually, underscoring Zoomlion’s commitment to energy conservation and low-carbon development.

The rooftop PV system at Zoomlion Smart Industrial City is one of the largest in the industry, generating clean energy that not only lowers operating costs but also supports the company’s high-quality development goals. Moreover, the project enables Zoomlion to apply for more than 6,500 green certificates annually, enhancing the export potential of its products by aligning with international green standards.

Zoomlion has taken a leadership role in promoting green development across its operations. Beyond its industrial parks, Zoomlion has embedded sustainability into its core technological development strategy, advancing foundational research in green technologies. Through green design, manufacturing, management, and standardization, the company is contributing to global sustainable development initiatives.

In 2024, the company implemented comprehensive energy-saving and emission-reduction measures, achieving green transformation from production to product delivery. Zoomlion has significantly expanded its lineup of new energy products to meet diverse market demands. The Aerial Work Platform product line now features over 90% coverage in new energy models.

By leveraging advanced digital and intelligent technologies, Zoomlion has also propelled green transformations across its supply chain and industry ecosystem. The company continues to lead the establishment of green standards, driving the machinery industry towards sustainable and circular growth.

With its ongoing efforts to enhance productivity and empower intelligent manufacturing, Zoomlion is paving the way for a greener future in the machinery industry.

View original content:https://www.prnewswire.com/news-releases/zoomlion-smart-industrial-city-achieves-full-solar-integration-setting-a-green-benchmark-for-the-industry-302346830.html

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LIVE from CES 2025: FOSSiBOT Unveils Disruptive Energy Storage and Rugged Smartphones

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — CES 2025 is in full swing in Las Vegas, and FOSSiBOT, a rising star in portable power and rugged devices, is making waves with its latest innovations. A standout product is their high-capacity 5kWh home energy storage system, poised to revolutionize the home energy landscape and redefine industry standards.

CES 2025 Floor: FOSSiBOT’s 7200W Home Energy System Steals the Show

FOSSiBOT is showcasing a powerful 7200W home energy storage system with a substantial 5kWh capacity at CES 2025. Designed to provide reliable backup power, reduce reliance on the traditional grid, and even enable energy self-sufficiency, this system is drawing crowds at the global tech event.

The Significance of 7200W and 5kWh:

7200W Power: This robust output can simultaneously power high-demand appliances like air conditioners, induction cooktops, and electric water heaters, ensuring essential needs are met during power outages. This is a significant power level for the home energy market.5kWh Capacity: This is a key differentiator. In a market dominated by 1-3kWh systems, 5kWh offers significantly extended runtime. For instance, it can power a 90W refrigerator for over 55 hours or a 700W air conditioner for over 7 hours. This capacity sets a new benchmark for home energy storage.

Looking Ahead: FOSSiBOT Developing Balcony Solar Solutions

According to FOSSiBOT, the company is actively developing integrated balcony solar solutions designed to enable users to harvest and store solar energy for greater energy independence. While not on display at CES, FOSSiBOT states this technology is a key focus for future development.

FOSSiBOT’s existing portable power station lineup is also on display, including the F1200 (emphasizing portability), the F2400 (offering increased capacity and higher output), and the flagship F3600 Pro (with advanced features and expandability), showcasing the company’s expertise in portable energy solutions and laying the groundwork for its expansion into the home energy market.

Smartphone Highlights at CES 2025: The S3 Pro Makes a Splash

In the smartphone arena, the recently launched S3 Pro, featuring a vibrant AMOLED display, is making a strong impression at CES 2025, offering attendees a premium visual experience. The unique rear display is also attracting considerable attention. The S3 Pro is available at a competitive price on the FOSSiBOT website.

Existing models like the F106 Pro (combining a large speaker with a 3W camping light) and the F109 (a 5G rugged phone) are also garnering attention at CES 2025 for their reliable performance and distinct features.

The Upcoming F112 Pro: Style Meets Ruggedness Takes Center Stage at CES 2025

The highly anticipated F112 Pro has made its official debut at CES 2025. Blending portability, ruggedness, and stylish design, it features a 6.88-inch HD+ waterdrop display and multiple color options, quickly becoming a focal point on the show floor.

CES 2025: FOSSiBOT Showcases Innovation and Seeks Partnerships

FOSSiBOT’s presence at CES 2025 underscores its commitment to innovation in both the energy storage and smartphone sectors, as the company actively seeks partnerships with global retailers, distributors, and resellers.

FOSSiBOT’s showing at CES 2025 is impressive, and its 5kWh home energy system and new smartphones are poised to make a significant impact on the market.

 

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Persistent Introduces Pi-OmniKG with Google Cloud

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Accelerating biomedical research with AI-driven solutions

SANTA CLARA, Calif. and PUNE, India, Jan. 9, 2025 /PRNewswire/ — Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, today announced the launch of Pi-OmniKG, an advanced AI-driven knowledge graph solution developed with Google Cloud technology. ‘Omni’ signifies the ability to universally handle diverse data, and ‘KG’ stands for Knowledge Graphs powered by GenAI. This innovative solution empowers healthcare and life sciences (HCLS) organizations to accelerate biomedical research, streamline data mining processes, and deliver insights with greater speed and accuracy.

Biomedical research is often hindered by time-consuming and labor-intensive data mining workflows. Legacy systems struggle to incorporate and analyze diverse datasets effectively, delaying the generation of actionable insights critical for HCLS enterprises. Pi-OmniKG addresses these challenges by modernizing data integration processes, creating a holistic knowledge base to decipher complex relationships, allowing researchers to make faster, evidence-based decisions by unlocking hidden insights. Furthermore, Pi-OmniKG enables direct querying of structured and unstructured internal data assets, alone or in combination with external data.

Key benefits of the solution include:

Reducing hypothesis generation time, empowering researchers to make faster, evidence-based decisions.Speeding up data processing, leading to improved research efficiency.Seamlessly integrating diverse data types, files, and sources from public and private datasets, creating a unified knowledge base.Incorporating reusable components with built-in flexibility to meet specific client needs for smart decision support.

Pi-OmniKG is built using Google Cloud’s advanced technologies — including the Vertex AI platform, BigQuery, and Cloud SQL — leveraging GenAI capabilities to streamline workflows, standardize data, and enable seamless integration of structured and unstructured datasets. Its intuitive interface allows researchers to query and visualize data, uncovering novel relationships and delivering high-quality insights backed by authentic citations. 

Persistent has been working with Google Cloud’s cutting-edge AI and cloud technologies for over a decade to deliver transformative solutions that address complex industry challenges. The launch of Pi-OmniKG builds on the Strategic Partnership Agreement Persistent announced in June 2024, which strengthens the collaboration between the two organizations to support Persistent’s development of AI-driven solutions across industries. It exemplifies Persistent’s vision of providing a smarter, faster, and more accessible way for HCLS organizations to process biomedical data and drive innovation.

Ganesh Nathella, Senior Vice President and General Manager – HCLS Business, Persistent

“In an era where data-driven insights are vital to accelerating drug discovery, clinical research, and patient-centric care, the challenges of managing vast and complex datasets often impede progress in biomedical R&D. At the intersection of technology and life sciences, our collaboration with Google Cloud enables us to deliver transformative solutions tailored to this industry’s unique needs with a data-first approach. Pi-OmniKG enables life sciences organizations to streamline workflows, leverage data, and drive breakthroughs with precision. Together, we are advancing the capabilities of researchers and research organizations to address critical challenges and accelerate progress across the healthcare and life sciences ecosystem.”

Shweta Maniar, Global Leader, Healthcare & Life Sciences Solutions & Strategy, Google Cloud

“As the volume and complexity of biomedical data continue to grow, researchers need smarter tools that unlock the true potential of this data. Pi-OmniKG, powered by Google Cloud’s GenAI capabilities, showcases how AI can empower organizations to drive faster discoveries, bring therapies to market sooner, and advance global healthcare innovation. This collaboration with Persistent underscores our shared commitment to enabling breakthroughs in life sciences.”

About Persistent

Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 23,200 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company has been recognized as the “Most Promising Company” of the Year by CNBC-TV18 at the 2023 India Business Leader Awards. Persistent has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 327% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in the 2024 Brand Finance India 100 Report.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs

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