Market overview
The global panel grooving machines market is worth USD 116 mn in 2026 and is forecast to reach USD 198 mn by 2036, growing at a 5.5% CAGR. China is the largest country market and Wood and MDF panels is the largest by workpiece segment.
| Scope | Machines that cut V-grooves and channels into panels for folding, furniture and signage: CNC V-grooving machines for wood, composite aluminium and metal sheet. |
|---|---|
| Industry | Industrial Automation |
| Value 2025 | USD 110 mn |
| Value 2026 | USD 116 mn |
| Value 2036 | USD 198 mn |
| CAGR 2026-2036 | 5.5% |
| Volume 2026 | 4,781 units |
| Volume 2036 | 7,037 units |
| Average price 2026 | USD 24,270 per unit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Panel Grooving Machines market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 116 mn |
| 2027 | USD 122 mn |
| 2028 | USD 129 mn |
| 2029 | USD 136 mn |
| 2030 | USD 144 mn |
| 2031 | USD 152 mn |
| 2032 | USD 160 mn |
| 2033 | USD 169 mn |
| 2034 | USD 178 mn |
| 2035 | USD 188 mn |
| 2036 | USD 198 mn |
Panel Grooving Machines market segmentation
By workpiece
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Wood and MDF panels | 44.0% | 40.0% | USD 51 mn | 4.5% |
| Composite panels and plastics | 26.0% | 28.6% | USD 30 mn | 6.5% |
| Metal sheet | 30.0% | 31.4% | USD 35 mn | 6.0% |
By type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Horizontal CNC | 58.0% | 59.7% | USD 67 mn | 5.8% |
| Vertical | 26.0% | 26.7% | USD 30 mn | 5.8% |
| Manual and semi-automatic | 16.0% | 13.6% | USD 19 mn | 3.8% |
By automation level
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Manual | 18.0% | 14.0% | USD 21 mn | 2.9% |
| Semi-automatic | 38.0% | 36.0% | USD 44 mn | 4.9% |
| CNC automated | 44.0% | 50.0% | USD 51 mn | 6.9% |
By groove type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| V-grooves | 38.0% | 39.0% | USD 44 mn | 5.8% |
| Rectangular and U-grooves | 34.0% | 33.0% | USD 39 mn | 5.2% |
| Edge and dovetail grooves | 28.0% | 28.0% | USD 32 mn | 5.5% |
By application
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Furniture and cabinetry | 44.0% | 42.0% | USD 51 mn | 5.0% |
| Architectural panels and cladding | 26.0% | 27.0% | USD 30 mn | 5.9% |
| Doors and interiors | 18.0% | 18.0% | USD 21 mn | 5.5% |
| Signage and displays | 12.0% | 13.0% | USD 14 mn | 6.3% |
Top 25 countries for panel grooving machines by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 85.5% of 2026 revenue and the 25 countries below together hold 96.8%.
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 35 mn | 30.0% | USD 65 mn | 6.5% |
| 2 | United States | USD 15 mn | 13.0% | USD 23 mn | 4.5% |
| 3 | Germany | USD 9.3 mn | 8.0% | USD 14 mn | 4.0% |
| 4 | Italy | USD 9.3 mn | 8.0% | USD 14 mn | 4.0% |
| 5 | India | USD 8.1 mn | 7.0% | USD 17 mn | 7.9% |
| 6 | Turkey | USD 5.8 mn | 5.0% | USD 10 mn | 5.9% |
| 7 | Poland | USD 4.6 mn | 4.0% | USD 7.5 mn | 5.0% |
| 8 | Brazil | USD 4.6 mn | 4.0% | USD 7.9 mn | 5.5% |
| 9 | Japan | USD 4.1 mn | 3.5% | USD 5.3 mn | 2.8% |
| 10 | Spain | USD 3.5 mn | 3.0% | USD 5.2 mn | 4.0% |
| 11 | France | USD 2.7 mn | 2.4% | USD 4.2 mn | 4.5% |
| 12 | United Kingdom | USD 1.7 mn | 1.4% | USD 2.7 mn | 4.8% |
| 13 | Mexico | USD 1.3 mn | 1.1% | USD 2.3 mn | 6.3% |
| 14 | Canada | USD 1.0 mn | 0.9% | USD 1.7 mn | 5.1% |
| 15 | Russia | USD 0.88 mn | 0.8% | USD 1.4 mn | 4.8% |
| 16 | South Korea | USD 0.78 mn | 0.7% | USD 1.3 mn | 5.3% |
| 17 | Indonesia | USD 0.70 mn | 0.6% | USD 1.4 mn | 6.8% |
| 18 | Vietnam | USD 0.64 mn | 0.6% | USD 1.4 mn | 8.1% |
| 19 | Thailand | USD 0.59 mn | 0.5% | USD 1.1 mn | 6.3% |
| 20 | Netherlands | USD 0.55 mn | 0.5% | USD 0.87 mn | 4.8% |
| 21 | Czech Republic | USD 0.51 mn | 0.4% | USD 0.87 mn | 5.5% |
| 22 | Romania | USD 0.48 mn | 0.4% | USD 0.87 mn | 6.2% |
| 23 | Austria | USD 0.45 mn | 0.4% | USD 0.71 mn | 4.7% |
| 24 | Malaysia | USD 0.43 mn | 0.4% | USD 0.79 mn | 6.3% |
| 25 | Australia | USD 0.41 mn | 0.3% | USD 0.67 mn | 5.2% |
| Rest of world | USD 3.7 mn | 3.2% | USD 6.5 mn | 5.7% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- HOMAG
- Biesse
- SCM Group
Group 2: Regional and specialist players
- Felder Group
- Nanxing Machinery
- Durma
- Accurl
Group 3: Emerging and niche players
- Blue Elephant CNC
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 panel grooving machines 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 5.5% is calculated from the resulting values.
The market is divided by workpiece, by type, by automation level, by groove type, by application. 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 panel grooving machines market?
The global panel grooving machines market is estimated at USD 110 mn in 2025 and USD 116 mn in 2026.
How fast will the panel grooving machines market grow?
It is forecast to reach USD 198 mn by 2036, a compound annual growth rate of 5.5% from 2026, an increase of USD 82 mn.
Which country is the largest market for panel grooving machines?
China is the largest market by revenue at USD 35 mn in 2026, 30.0% of the global total. The three largest countries together hold 51.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 7.9% a year from 2026 to 2036.
Which panel grooving machines segment is largest?
In the by workpiece split, Wood and MDF panels is the largest segment with 44.0% of 2026 revenue.
Who are the leading panel grooving machines companies?
Global leaders include HOMAG, Biesse, SCM Group.
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