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.
| Scope | CNC retrofit: replacement of controls, drives and motors and mechanical refurbishment of existing machine tools, performed by control makers and specialist retrofitters. |
|---|---|
| Industry | Industrial Automation |
| Value 2025 | USD 2.3 bn |
| Value 2026 | USD 2.4 bn |
| Value 2036 | USD 4.0 bn |
| CAGR 2026-2036 | 5.3% |
| Volume 2026 | 56,618 retrofits |
| Volume 2036 | 77,846 retrofits |
| Average price 2026 | USD 42,650 per retrofit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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CNC Retrofit market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 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 |
CNC Retrofit market segmentation
By machine
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Milling machines and machining centres | 36.0% | 35.8% | USD 869 mn | 5.2% |
| Lathes and turning centres | 30.0% | 29.8% | USD 724 mn | 5.2% |
| Grinding machines | 12.0% | 11.4% | USD 290 mn | 4.8% |
| Presses and other machines | 22.0% | 23.0% | USD 531 mn | 5.8% |
By scope
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Control and drive replacement | 54.0% | 51.3% | USD 1.3 bn | 4.8% |
| Full mechanical and control rebuild | 30.0% | 28.5% | USD 724 mn | 4.8% |
| Software and connectivity upgrade | 16.0% | 20.2% | USD 386 mn | 7.8% |
By end use
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Automotive | 26.0% | 24.8% | USD 628 mn | 4.8% |
| General machinery | 24.0% | 24.0% | USD 580 mn | 5.3% |
| Aerospace and defence | 14.0% | 14.7% | USD 338 mn | 5.8% |
| Energy | 10.0% | 10.5% | USD 242 mn | 5.8% |
| Metalworking job shops | 26.0% | 26.0% | USD 628 mn | 5.3% |
By retrofit grade
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Basic electrical refresh | 34.0% | 31.0% | USD 821 mn | 4.3% |
| Controls and drives upgrade | 42.0% | 42.0% | USD 1.0 bn | 5.3% |
| Smart and connected retrofit | 24.0% | 27.0% | USD 580 mn | 6.5% |
By machine age
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Under 10 years | 22.0% | 24.0% | USD 531 mn | 6.2% |
| 10 to 20 years | 44.0% | 44.0% | USD 1.1 bn | 5.3% |
| Over 20 years | 34.0% | 32.0% | USD 821 mn | 4.7% |
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%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 531 mn | 22.0% | USD 919 mn | 5.6% |
| 2 | United States | USD 435 mn | 18.0% | USD 704 mn | 4.9% |
| 3 | Germany | USD 314 mn | 13.0% | USD 478 mn | 4.3% |
| 4 | India | USD 193 mn | 8.0% | USD 405 mn | 7.7% |
| 5 | Japan | USD 169 mn | 7.0% | USD 247 mn | 3.9% |
| 6 | Italy | USD 145 mn | 6.0% | USD 227 mn | 4.6% |
| 7 | Mexico | USD 97 mn | 4.0% | USD 166 mn | 5.6% |
| 8 | Turkey | USD 72 mn | 3.0% | USD 125 mn | 5.7% |
| 9 | South Korea | USD 72 mn | 3.0% | USD 117 mn | 4.9% |
| 10 | Poland | USD 72 mn | 3.0% | USD 125 mn | 5.7% |
| 11 | Spain | USD 46 mn | 1.9% | USD 78 mn | 5.4% |
| 12 | Netherlands | USD 27 mn | 1.1% | USD 47 mn | 5.5% |
| 13 | Taiwan | USD 20 mn | 0.8% | USD 34 mn | 5.4% |
| 14 | Canada | USD 16 mn | 0.7% | USD 28 mn | 5.5% |
| 15 | Brazil | USD 14 mn | 0.6% | USD 26 mn | 6.5% |
| 16 | Thailand | USD 12 mn | 0.5% | USD 22 mn | 6.3% |
| 17 | Indonesia | USD 11 mn | 0.4% | USD 20 mn | 6.4% |
| 18 | Switzerland | USD 9.7 mn | 0.4% | USD 15 mn | 4.8% |
| 19 | Australia | USD 8.9 mn | 0.4% | USD 15 mn | 5.3% |
| 20 | Vietnam | USD 8.2 mn | 0.3% | USD 15 mn | 6.5% |
| 21 | Sweden | USD 7.7 mn | 0.3% | USD 12 mn | 4.6% |
| 22 | Austria | USD 7.2 mn | 0.3% | USD 11 mn | 4.6% |
| 23 | Czech Republic | USD 6.8 mn | 0.3% | USD 13 mn | 6.4% |
| 24 | Belgium | USD 6.3 mn | 0.3% | USD 10 mn | 4.9% |
| 25 | Malaysia | USD 6.0 mn | 0.2% | USD 11 mn | 6.5% |
| Rest of world | USD 107 mn | 4.4% | USD 176 mn | 5.2% |
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.
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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