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Panel Grooving Machines Market Size, Share and Forecast 2026-2036

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.

USD 116 mnMarket size 2026
USD 198 mnForecast 2036
5.5%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeMachines that cut V-grooves and channels into panels for folding, furniture and signage: CNC V-grooving machines for wood, composite aluminium and metal sheet.
IndustryIndustrial Automation
Value 2025USD 110 mn
Value 2026USD 116 mn
Value 2036USD 198 mn
CAGR 2026-20365.5%
Volume 20264,781 units
Volume 20367,037 units
Average price 2026USD 24,270 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

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Panel Grooving Machines market size and forecast, 2026-2036

Exhibit 1The global panel grooving machines market is forecast to grow from USD 116 mn in 2026 to USD 198 mn by 2036, a rise of 71%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.5%
Panel Grooving Machines market value, 2025 to 2036Market value by year. 2025: USD 110 mn; 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. Compound annual growth rate 2026 to 2036: 5.5%.2025116 mn2026152 mn2031198 mn20365.5% CAGR

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

YearMarket value
2026USD 116 mn
2027USD 122 mn
2028USD 129 mn
2029USD 136 mn
2030USD 144 mn
2031USD 152 mn
2032USD 160 mn
2033USD 169 mn
2034USD 178 mn
2035USD 188 mn
2036USD 198 mn

Panel Grooving Machines market segmentation

By workpiece

Exhibit 2Wood and MDF panels is the largest segment by workpiece, with 44.0% of 2026 revenueEstimated share of 2026 global revenue, by workpiece
Panel Grooving Machines market share by workpiece, 2026Share of 2026 revenue by workpiece. Wood and MDF panels: 44.0%; Metal sheet: 30.0%; Composite panels and plastics: 26.0%.Wood and MDF panels44.0%Metal sheet30.0%Composite panels and plastics26.0%

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

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Wood and MDF panels44.0%40.0%USD 51 mn4.5%
Composite panels and plastics26.0%28.6%USD 30 mn6.5%
Metal sheet30.0%31.4%USD 35 mn6.0%

By type

Exhibit 3Horizontal CNC adds the most revenue by type, growing from USD 67 mn in 2026 to USD 118 mn by 2036Estimated revenue in USD by type, 2026 and 2036 forecast
Panel Grooving Machines market by type, 2026 and 2036Revenue by type in 2026 and 2036. Horizontal CNC: USD 67 mn in 2026, USD 118 mn in 2036, change +76%; Vertical: USD 30 mn in 2026, USD 53 mn in 2036, change +76%; Manual and semi-automatic: USD 19 mn in 2026, USD 27 mn in 2036, change +45%.20262036 forecastChangeHorizontal CNC+76%67 mn118 mnVertical+76%30 mn53 mnManual and semi-automatic+45%19 mn27 mn

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

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Horizontal CNC58.0%59.7%USD 67 mn5.8%
Vertical26.0%26.7%USD 30 mn5.8%
Manual and semi-automatic16.0%13.6%USD 19 mn3.8%

By automation level

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Manual18.0%14.0%USD 21 mn2.9%
Semi-automatic38.0%36.0%USD 44 mn4.9%
CNC automated44.0%50.0%USD 51 mn6.9%

By groove type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
V-grooves38.0%39.0%USD 44 mn5.8%
Rectangular and U-grooves34.0%33.0%USD 39 mn5.2%
Edge and dovetail grooves28.0%28.0%USD 32 mn5.5%

By application

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Furniture and cabinetry44.0%42.0%USD 51 mn5.0%
Architectural panels and cladding26.0%27.0%USD 30 mn5.9%
Doors and interiors18.0%18.0%USD 21 mn5.5%
Signage and displays12.0%13.0%USD 14 mn6.3%

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%.

Exhibit 4China is the largest country market at USD 35 mn in 2026, and the three largest countries hold 51.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Panel Grooving Machines market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 35 mn, 30.0%; United States: USD 15 mn, 13.0%; Germany: USD 9.3 mn, 8.0%; Italy: USD 9.3 mn, 8.0%; India: USD 8.1 mn, 7.0%; Turkey: USD 5.8 mn, 5.0%; Poland: USD 4.6 mn, 4.0%; Brazil: USD 4.6 mn, 4.0%; Japan: USD 4.1 mn, 3.5%; Spain: USD 3.5 mn, 3.0%.China35 mn 30.0%United States15 mn 13.0%Germany9.3 mn 8.0%Italy9.3 mn 8.0%India8.1 mn 7.0%Turkey5.8 mn 5.0%Poland4.6 mn 4.0%Brazil4.6 mn 4.0%Japan4.1 mn 3.5%Spain3.5 mn 3.0%

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

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 35 mn30.0%USD 65 mn6.5%
2United StatesUSD 15 mn13.0%USD 23 mn4.5%
3GermanyUSD 9.3 mn8.0%USD 14 mn4.0%
4ItalyUSD 9.3 mn8.0%USD 14 mn4.0%
5IndiaUSD 8.1 mn7.0%USD 17 mn7.9%
6TurkeyUSD 5.8 mn5.0%USD 10 mn5.9%
7PolandUSD 4.6 mn4.0%USD 7.5 mn5.0%
8BrazilUSD 4.6 mn4.0%USD 7.9 mn5.5%
9JapanUSD 4.1 mn3.5%USD 5.3 mn2.8%
10SpainUSD 3.5 mn3.0%USD 5.2 mn4.0%
11FranceUSD 2.7 mn2.4%USD 4.2 mn4.5%
12United KingdomUSD 1.7 mn1.4%USD 2.7 mn4.8%
13MexicoUSD 1.3 mn1.1%USD 2.3 mn6.3%
14CanadaUSD 1.0 mn0.9%USD 1.7 mn5.1%
15RussiaUSD 0.88 mn0.8%USD 1.4 mn4.8%
16South KoreaUSD 0.78 mn0.7%USD 1.3 mn5.3%
17IndonesiaUSD 0.70 mn0.6%USD 1.4 mn6.8%
18VietnamUSD 0.64 mn0.6%USD 1.4 mn8.1%
19ThailandUSD 0.59 mn0.5%USD 1.1 mn6.3%
20NetherlandsUSD 0.55 mn0.5%USD 0.87 mn4.8%
21Czech RepublicUSD 0.51 mn0.4%USD 0.87 mn5.5%
22RomaniaUSD 0.48 mn0.4%USD 0.87 mn6.2%
23AustriaUSD 0.45 mn0.4%USD 0.71 mn4.7%
24MalaysiaUSD 0.43 mn0.4%USD 0.79 mn6.3%
25AustraliaUSD 0.41 mn0.3%USD 0.67 mn5.2%
Rest of worldUSD 3.7 mn3.2%USD 6.5 mn5.7%
Exhibit 5China and India account for 48% of the USD 82 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Panel Grooving Machines market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 116 mn. China: +USD 30 mn; India: +USD 9.3 mn; United States: +USD 8.3 mn; Turkey: +USD 4.5 mn; Germany: +USD 4.4 mn; 20 other countries: +USD 23 mn; Rest of world: +USD 2.8 mn. Market value 2036: USD 198 mn.Market value 2026116 mnChina+30 mnIndia+9.3 mnUnited States+8.3 mnTurkey+4.5 mnGermany+4.4 mn20 other countries+23 mnRest of world+2.8 mnMarket value 2036198 mn

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.

Read the full research methodology

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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