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CNC Retrofit Market Size, Share and Forecast 2026-2036

The global CNC retrofit market is worth USD 2.4 bn in 2026 and is forecast to reach USD 4.0 bn by 2036, growing at a 5.3% CAGR. China is the largest country market and Milling machines and machining centres is the largest by machine segment.

USD 2.4 bnMarket size 2026
USD 4.0 bnForecast 2036
5.3%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global CNC retrofit market is worth USD 2.4 bn in 2026 and is forecast to reach USD 4.0 bn by 2036, growing at a 5.3% CAGR. China is the largest country market and Milling machines and machining centres is the largest by machine segment.

ScopeCNC retrofit: replacement of controls, drives and motors and mechanical refurbishment of existing machine tools, performed by control makers and specialist retrofitters.
IndustryIndustrial Automation
Value 2025USD 2.3 bn
Value 2026USD 2.4 bn
Value 2036USD 4.0 bn
CAGR 2026-20365.3%
Volume 202656,618 retrofits
Volume 203677,846 retrofits
Average price 2026USD 42,650 per retrofit
Report priceStarts from USD 1,999
PublishedNovember 2026

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CNC Retrofit market size and forecast, 2026-2036

Exhibit 1The global CNC retrofit market is forecast to grow from USD 2.4 bn in 2026 to USD 4.0 bn by 2036, a rise of 68%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.3%
CNC Retrofit market value, 2025 to 2036Market value by year. 2025: USD 2.3 bn; 2026: USD 2.4 bn; 2027: USD 2.5 bn; 2028: USD 2.7 bn; 2029: USD 2.8 bn; 2030: USD 3.0 bn; 2031: USD 3.1 bn; 2032: USD 3.3 bn; 2033: USD 3.5 bn; 2034: USD 3.7 bn; 2035: USD 3.8 bn; 2036: USD 4.0 bn. Compound annual growth rate 2026 to 2036: 5.3%.20252.4 bn20263.1 bn20314.0 bn20365.3% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 2.4 bn
2027USD 2.5 bn
2028USD 2.7 bn
2029USD 2.8 bn
2030USD 3.0 bn
2031USD 3.1 bn
2032USD 3.3 bn
2033USD 3.5 bn
2034USD 3.7 bn
2035USD 3.8 bn
2036USD 4.0 bn

CNC Retrofit market segmentation

By machine

Exhibit 2Milling machines and machining centres is the largest segment by machine, with 36.0% of 2026 revenueEstimated share of 2026 global revenue, by machine
CNC Retrofit market share by machine, 2026Share of 2026 revenue by machine. Milling machines and machining centres: 36.0%; Lathes and turning centres: 30.0%; Presses and other machines: 22.0%; Grinding machines: 12.0%.Milling machines and machining centres36.0%Lathes and turning centres30.0%Presses and other machines22.0%Grinding machines12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Milling machines and machining centres36.0%35.8%USD 869 mn5.2%
Lathes and turning centres30.0%29.8%USD 724 mn5.2%
Grinding machines12.0%11.4%USD 290 mn4.8%
Presses and other machines22.0%23.0%USD 531 mn5.8%

By scope

Exhibit 3Control and drive replacement adds the most revenue by scope, growing from USD 1.3 bn in 2026 to USD 2.1 bn by 2036Estimated revenue in USD by scope, 2026 and 2036 forecast
CNC Retrofit market by scope, 2026 and 2036Revenue by scope in 2026 and 2036. Control and drive replacement: USD 1.3 bn in 2026, USD 2.1 bn in 2036, change +59%; Full mechanical and control rebuild: USD 724 mn in 2026, USD 1.2 bn in 2036, change +59%; Software and connectivity upgrade: USD 386 mn in 2026, USD 816 mn in 2036, change +111%.20262036 forecastChangeControl and drive replacement+59%1.3 bn2.1 bnFull mechanical and control rebuild+59%724 mn1.2 bnSoftware and connectivity upgrade+111%386 mn816 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Control and drive replacement54.0%51.3%USD 1.3 bn4.8%
Full mechanical and control rebuild30.0%28.5%USD 724 mn4.8%
Software and connectivity upgrade16.0%20.2%USD 386 mn7.8%

By end use

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Automotive26.0%24.8%USD 628 mn4.8%
General machinery24.0%24.0%USD 580 mn5.3%
Aerospace and defence14.0%14.7%USD 338 mn5.8%
Energy10.0%10.5%USD 242 mn5.8%
Metalworking job shops26.0%26.0%USD 628 mn5.3%

By retrofit grade

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Basic electrical refresh34.0%31.0%USD 821 mn4.3%
Controls and drives upgrade42.0%42.0%USD 1.0 bn5.3%
Smart and connected retrofit24.0%27.0%USD 580 mn6.5%

By machine age

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Under 10 years22.0%24.0%USD 531 mn6.2%
10 to 20 years44.0%44.0%USD 1.1 bn5.3%
Over 20 years34.0%32.0%USD 821 mn4.7%

Top 25 countries for CNC retrofit by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 87.0% of 2026 revenue and the 25 countries below together hold 95.6%.

Exhibit 4China is the largest country market at USD 531 mn in 2026, and the three largest countries hold 53.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
CNC Retrofit market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 531 mn, 22.0%; United States: USD 435 mn, 18.0%; Germany: USD 314 mn, 13.0%; India: USD 193 mn, 8.0%; Japan: USD 169 mn, 7.0%; Italy: USD 145 mn, 6.0%; Mexico: USD 97 mn, 4.0%; Turkey: USD 72 mn, 3.0%; South Korea: USD 72 mn, 3.0%; Poland: USD 72 mn, 3.0%.China531 mn 22.0%United States435 mn 18.0%Germany314 mn 13.0%India193 mn 8.0%Japan169 mn 7.0%Italy145 mn 6.0%Mexico97 mn 4.0%Turkey72 mn 3.0%South Korea72 mn 3.0%Poland72 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 531 mn22.0%USD 919 mn5.6%
2United StatesUSD 435 mn18.0%USD 704 mn4.9%
3GermanyUSD 314 mn13.0%USD 478 mn4.3%
4IndiaUSD 193 mn8.0%USD 405 mn7.7%
5JapanUSD 169 mn7.0%USD 247 mn3.9%
6ItalyUSD 145 mn6.0%USD 227 mn4.6%
7MexicoUSD 97 mn4.0%USD 166 mn5.6%
8TurkeyUSD 72 mn3.0%USD 125 mn5.7%
9South KoreaUSD 72 mn3.0%USD 117 mn4.9%
10PolandUSD 72 mn3.0%USD 125 mn5.7%
11SpainUSD 46 mn1.9%USD 78 mn5.4%
12NetherlandsUSD 27 mn1.1%USD 47 mn5.5%
13TaiwanUSD 20 mn0.8%USD 34 mn5.4%
14CanadaUSD 16 mn0.7%USD 28 mn5.5%
15BrazilUSD 14 mn0.6%USD 26 mn6.5%
16ThailandUSD 12 mn0.5%USD 22 mn6.3%
17IndonesiaUSD 11 mn0.4%USD 20 mn6.4%
18SwitzerlandUSD 9.7 mn0.4%USD 15 mn4.8%
19AustraliaUSD 8.9 mn0.4%USD 15 mn5.3%
20VietnamUSD 8.2 mn0.3%USD 15 mn6.5%
21SwedenUSD 7.7 mn0.3%USD 12 mn4.6%
22AustriaUSD 7.2 mn0.3%USD 11 mn4.6%
23Czech RepublicUSD 6.8 mn0.3%USD 13 mn6.4%
24BelgiumUSD 6.3 mn0.3%USD 10 mn4.9%
25MalaysiaUSD 6.0 mn0.2%USD 11 mn6.5%
Rest of worldUSD 107 mn4.4%USD 176 mn5.2%
Exhibit 5China and United States account for 40% of the USD 1.6 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
CNC Retrofit market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 2.4 bn. China: +USD 388 mn; United States: +USD 270 mn; India: +USD 212 mn; Germany: +USD 164 mn; Italy: +USD 82 mn; 20 other countries: +USD 449 mn; Rest of world: +USD 70 mn. Market value 2036: USD 4.0 bn.Market value 20262.4 bnChina+388 mnUnited States+270 mnIndia+212 mnGermany+164 mnItaly+82 mn20 other countries+449 mnRest of world+70 mnMarket value 20364.0 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Siemens
  • FANUC
  • HEIDENHAIN
  • Mitsubishi Electric

Group 2: Regional and specialist players

  • Fagor Automation
  • Bosch Rexroth
  • Delta Electronics
  • Beckhoff Automation
  • Southwestern Industries
  • Milltronics
  • NUM

Group 3: Emerging and niche players

  • Centroid CNC
  • Newall Measurement Systems

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the CNC retrofit market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.3% is calculated from the resulting values.

The market is divided by machine, by scope, by end use, by retrofit grade, by machine age. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the CNC retrofit market?

The global CNC retrofit market is estimated at USD 2.3 bn in 2025 and USD 2.4 bn in 2026.

How fast will the CNC retrofit market grow?

It is forecast to reach USD 4.0 bn by 2036, a compound annual growth rate of 5.3% from 2026, an increase of USD 1.6 bn.

Which country is the largest market for CNC retrofit?

China is the largest market by revenue at USD 531 mn in 2026, 22.0% of the global total. The three largest countries together hold 53.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 7.7% a year from 2026 to 2036.

Which CNC retrofit segment is largest?

In the by machine split, Milling machines and machining centres is the largest segment with 36.0% of 2026 revenue.

Who are the leading CNC retrofit companies?

Global leaders include Siemens, FANUC, HEIDENHAIN, Mitsubishi Electric.

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