The Abbé error is a key factor for high-precision CNC machine tools. Unluckily, it is not taken into account in traditional machine tool volumetric error models. In this respect, based on the traditional machine tool volumetric error models, a new machine tool volumetric error model containing Abbé error is performed by analyzing the mechanism of Abbé error formation tool volumetric and based on 21-item geometric error measurement data, Abbé arm, and angle functional relationship. Moreover, integrated qualitative and quantitative simulation method for evaluation of machine tool space precision are correspondingly presented. Finally, an example was utilized to further verify the value of our model by means of analysis and comparison of the tooling precision prior to and after performance of compensation, and its validity and feasibility were proved. This study provides an important modeling method for high-precision machine tools and has very important theoretical significance and practical value.