Horizontal Machine Center Market is expected to expand at a 5.05% CAGR, reaching USD 7.892 billion in 2031 from USD 5.871 billion in 2025.
Horizontal machine centers are a type of machining equipment that is used in metalworking and manufacturing processes. They are intended to perform various operations on workpieces such as milling, drilling, tapping, and cutting, all of which form part of complex & precision manufacturing processes. These machine centers help to increase productivity and reduce machining time. They are also known for their high rigidity, which allows them to handle heavy cutting loads while maintaining precision during operations. Automotive and aircraft manufacturing plant establishments, coupled with high-performance benefits provided by such machine centers, are driving the expansion of the horizontal machine center industry.
The establishment of aircraft manufacturing plants fuels the horizontal machine center market growth.
The aerospace industry requires high-precision components for aircraft production, and horizontal machine centers are well-suited for manufacturing complex and precisely shaped components for aircraft. Favorable investments in aircraft manufacturing plants are anticipated to increase the adoption of horizontal machine centers, thereby augmenting the overall market growth. Therefore, in October 2023, Beta Technologies established a manufacturing facility at Vermont's Patrick Leahy Burlington International Airport. The factory could produce 300 aircraft per year.
Bolstering growth in automotive manufacturing drives the horizontal machine center market growth.
The establishment of new automotive manufacturing plants is critical to the expansion of the horizontal machine center market. It can be used in the manufacturing of a variety of automotive parts, including engine manufacturing, transmission manufacturing, and the production of chassis and suspension parts. Due to their versatility, they are an appealing option for automotive manufacturers, which increases the adoption of horizontal machine centers. For instance, in October 2023, PIF and Hyundai Motor Company signed a joint venture contract to build a new automotive manufacturing plant in Saudi Arabia. Additionally, in September 2022, Continental opened its new state-of-the-art automotive manufacturing facility in Texas. The new establishment marks the beginning of the company’s autonomous business area.
Multi-axis machining capabilities drive the horizontal machine center market growth.
Horizontal machine centers frequently come with multi-axis capabilities, allowing for the simultaneous machining of complex parts from different perspectives. This capability is especially useful in industries such as aerospace and defence, where complex components with complex shapes are manufactured. Due to these multi-axis capabilities, horizontal machine centers are growing significantly. For instance, DMG MORI provides the DMU 40 with 5-axis simultaneous machining at an outstanding price and performance ratio. It has an inline spindle that spins at 12,000 rpm, a tool magazine with 24 slots, and an integrated 5-axis swivel rotary table.
Asia Pacific is expected to show significant growth.
Asia Pacific is expected to account for a major share of the horizontal machine center market due to the establishment of new aircraft and automotive manufacturing plants. For instance, in November 2023, Toyota Kirloskar Motor (TKM) signed a memorandum of understanding (MOU) with the Government of Karnataka to expand its existing operations in the state through new investments of approximately INR 3,300 crores. This includes the establishment of a new manufacturing plant. In November 2023, Polestar announced it to expand its manufacturing footprint by establishing a production plant in South Korea, which will begin production in 2025. Additionally, in March 2022, Hyundai Motor Company opened its first factory in Indonesia, which also marked the company's first manufacturing facility in Southeast Asia.
High costs will restrain the growth of the horizontal machine center market.
The high cost of horizontal machine centers is a significant challenge for small and medium enterprises (SMEs). Customers are frequently concerned with cost-effectiveness, which leads to price sensitivity. This can limit the adoption of the horizontal machine center industry.
February 2021- Heller launched the fourth generation of the H series horizontal machining technology. The 4-axis horizontal machining centers offer numerous advantages over the previous generation and distinguish themselves even more from other machines. These provide shorter idle times, improved milling performance, decreased service times, as well as more flexible customization to customer requirements.
Horizontal Machine Center Market Segmentation
By Axis Type
3 Axis
4 Axis
5 Axis
By Application
Complex Part Manufacturing
Slot Cutting
Others
By End-User
Automotive
Aerospace & Defense
Construction
Energy & Power
Others
By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Others