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World - Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNumerically Controlled Drilling Machine Market
The global market for numerically controlled drilling machines for working metal is expected to see continued growth over the forecast period of 2022 to 2030, with a projected CAGR of +0.8% in volume and +1.2% in value. Consumption reached 51K units in 2022, with Canada, Japan, and the UK leading in consumption. Production, imports, and exports also saw fluctuations, with Japan, China, and the Netherlands playing significant roles. Prices varied by country, with Japan having the highest export price. Overall, the market shows potential for growth in the coming years.
Market Forecast
Driven by increasing demand for numerically controlled drilling machines for working metal worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.8% for the period from 2022 to 2030, which is projected to bring the market volume to 54K units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.2% for the period from 2022 to 2030, which is projected to bring the market value to $3.7B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Numerically Controlled Drilling Machines For Working Metal
In 2022, the amount of numerically controlled drilling machines for working metal consumed worldwide soared to 51K units, rising by 62% against 2021. Over the period under review, consumption showed temperate growth. As a result, consumption reached the peak volume of 133K units. From 2015 to 2022, the growth of the global consumption remained at a lower figure.
The global numerically controlled drilling machine market revenue soared to $3.4B in 2022, growing by 119% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were Canada (11K units), Japan (10K units) and the UK (7.9K units), with a combined 57% share of global consumption. The Netherlands, Taiwan (Chinese), Singapore, Italy, Jordan, Bahrain and the United States lagged somewhat behind, together comprising a further 24%.
From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of +50.0%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest numerically controlled drilling machine markets worldwide were Canada ($1.7B), Japan ($947M) and Taiwan (Chinese) ($121M), together accounting for 81% of the global market.
Canada, with a CAGR of +48.9%, recorded the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of numerically controlled drilling machine per capita consumption in 2022 were Bahrain (505 units per million persons), Singapore (309 units per million persons) and Canada (290 units per million persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Canada (with a CAGR of +47.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Numerically Controlled Drilling Machines For Working Metal
In 2022, approx. 30K units of numerically controlled drilling machines for working metal were produced worldwide; stabilizing at the year before. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 15%. Global production peaked at 36K units in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.
In value terms, numerically controlled drilling machine production reached $1.8B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19% against the previous year. Global production peaked at $1.8B in 2020; afterwards, it flattened through to 2022.
Production By Country
The country with the largest volume of numerically controlled drilling machine production was Japan (10K units), accounting for 34% of total volume. Moreover, numerically controlled drilling machine production in Japan exceeded the figures recorded by the second-largest producer, the Netherlands (3.7K units), threefold. Taiwan (Chinese) (2.6K units) ranked third in terms of total production with an 8.7% share.
From 2012 to 2022, the average annual growth rate of volume in Japan was relatively modest. In the other countries, the average annual rates were as follows: the Netherlands (+0.4% per year) and Taiwan (Chinese) (+0.2% per year).
Imports
World Imports of Numerically Controlled Drilling Machines For Working Metal
In 2022, supplies from abroad of numerically controlled drilling machines for working metal increased by 183% to 28K units, rising for the second year in a row after two years of decline. In general, imports posted modest growth. The most prominent rate of growth was recorded in 2014 when imports increased by 189% against the previous year. As a result, imports reached the peak of 106K units. From 2015 to 2022, the growth of global imports failed to regain momentum.
In value terms, numerically controlled drilling machine imports shrank to $209M in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 16% against the previous year. Over the period under review, global imports reached the maximum at $660M in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
In 2022, Canada (11K units) and the UK (7.5K units) were the major importers of numerically controlled drilling machines for working metalin the world, together generating 67% of total imports. It was distantly followed by the Netherlands (1.6K units), committing a 5.8% share of total imports. The following importers - Pakistan (610 units), France (584 units) and Luxembourg (572 units) - each recorded a 6.4% share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Canada (with a CAGR of +67.4%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, France ($8.5M), Canada ($8.1M) and the UK ($6.2M) appeared to be the countries with the highest levels of imports in 2022, with a combined 11% share of global imports. The Netherlands, Pakistan and Luxembourg lagged somewhat behind, together accounting for a further 1.3%.
In terms of the main importing countries, Pakistan, with a CAGR of +26.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average numerically controlled drilling machine import price amounted to $7,555 per unit, reducing by -69.9% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 670% against the previous year. As a result, import price reached the peak level of $37,877 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($14,471 per unit), while the Netherlands ($597 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.3%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Numerically Controlled Drilling Machines For Working Metal
Global numerically controlled drilling machine exports contracted significantly to 6.8K units in 2022, with a decrease of -16.7% on the previous year's figure. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 37%. Over the period under review, the global exports attained the maximum at 17K units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, numerically controlled drilling machine exports contracted slightly to $241M in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. The global exports peaked at $854M in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports By Country
China (1,065 units), the Netherlands (952 units) and Taiwan (Chinese) (847 units) represented roughly 42% of total exports in 2022. The United States (439 units) took a 6.5% share (based on physical terms) of total exports, which put it in second place, followed by Spain (6.4%), Italy (5.6%) and the UK (4.6%). The following exporters - Norway (295 units), Singapore (272 units), Austria (230 units), Germany (225 units), Belgium (135 units) and Japan (120 units) - together made up 19% of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Norway (with a CAGR of +43.4%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest numerically controlled drilling machine supplying countries worldwide were China ($41M), Italy ($39M) and Taiwan (Chinese) ($35M), with a combined 47% share of global exports. Germany, Spain, the United States, Japan, the Netherlands, the UK, Austria, Norway, Singapore and Belgium lagged somewhat behind, together accounting for a further 40%.
In terms of the main exporting countries, Norway, with a CAGR of +49.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average numerically controlled drilling machine export price amounted to $35,639 per unit, picking up by 16% against the previous year. In general, the export price, however, recorded a perceptible slump. The global export price peaked at $57,660 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($118,344 per unit), while Singapore ($3,082 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.3%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for numerically controlled drilling machine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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