CNC Controller Market Research Report - Global Forecast till 2027

CNC Controller Market Report: Information by Product (Microcontroller-Based, DSP-Based, Motion Control Chip-Based and others), by Component (Power Supply Unit, Software, Cabling, Circuitry Protection System, Motor Driver and others), by Axis Type (2 Axis, 3 Axis, 4 Axis, 5 Axis and Multi-Axis), by Application (Closed-Loop Control CNC Machine Tool, Open-Loop Control CNC Machine Tool and Semi-Closed Loop Control CNC Machine Tool), by End-User (Healthcare, Automobile, Aerospace, Defense, Electronics, Metal and Mining), by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/SEM/2551-CR | July 2019 | Region: Global | 101 pages

CNC Controller Market Snapshot


The CNC Controller Market is expected to grow to USD 3.8 billion by 2023, at a CAGR of ~6% during the forecast period of 2017 to 2023. A CNC controller is a computerized program for the object, programmed with machine language which essentially controls and monitors the features like feed rate, coordination, location, and speed. The computer controls both the positioning and the speed of CNC machining used to manufacture metal as well as plastic parts. With the introduction of Industry 4.0, there has been a significant demand for automation because of the presence of emerging technologies like Internet of Things (IoT), cloud computing, and manufacturing technology across different industry verticals like automotive, construction, and manufacturing, among others, requiring mechanical components and parts to carry out the working process. The increased demand for automation has led to catering to the increased demand for mass production on a commercial scale. The industries these days face a considerable market for precise and quality product as the consumption of products has increased over time. Among the various industries, the automotive industry holds the place for higher automation and increased usage of CNC. CNC machines rely on the instructions provided by the Computer-Aided–Manufacturing (CAM) and Computer-Aided–Design (CAD) and then interprets those designs from the instructions. CNC machines benefit the automotive industry by providing reliability, power, speed, and efficiency. More precise starters are manufactured using CNC, ensuring the vehicle starting every time.


CNC controller is also used for reduction in the cost of the manufacturing process and waste minimization by precise manufacturing of small parts and components. The primary benefit of computer control machining is the ability to repeat the same process over and over again without errors in manufacturing. This helps the manufacturers in the mass production with quality and precision, as the demand for consumables is increasing every day. However, the high cost of implementation and maintenance is expected to hamper the growth of the market.


CNC Controller Market, By Region, 2017 Vs. 2023 (USD Million)  CNC Controller Market


Source: - MRFR Analysis


There are various components of the CNC controller, which include a power supply unit, software, cabling, circuitry protection system, and motor driver, among other small components. The working of a CNC machine depends mostly on the proper functioning of the actuators, and power supply unit plays an essential role in providing the continuous and regulated power supply to the actuators driving the CNC machines. The power supply unit is generally of two types for the CNC—regulated power supply and unregulated power supply. Software is another important component of a CNC controller. It is also termed as the CAD/CAM software. The Computer-Aided Design and Computer-Aided Machining are generally used in the machine tool programming and towards the automation of the manufacturing process. The software typically takes up the drawing (surfaces, solid models, etc.) and converts it into an application program that involves the cutting or machining toolpath and again posts that into the machine language for the machine controller to understand and execute.  


Synopsis


The CNC controller market has been segmented based on product, component, axis-type, application, end-user, and region.


Based on the product, the CNC controller market has been segregated into microcontroller-based, DSP-based, motion control chip-based, and others. The microcontroller-based segment accounted for the largest market share in 2017 and is also expected to register the highest CAGR during the forecast period.


Component segmentation of the CNC controller market comprises a power supply unit, software, cabling, circuitry protection system, motor driver, and others. The motor driver segment accounted for the largest market share in 2017, while the software segment is expected to register the highest CAGR during the forecast period.


Based on the axis type, the CNC controller market has been divided into two-axis, three-axis, four-axis, five-axis, and multi-axis. The three-axis segment accounted for the largest market share in 2017. Five-axis segment is expected to register the highest CAGR during the forecast period.


Application segmentation of the CNC controller market consists of closed-loop control CNC machine tool, open-loop control CNC machine tool, and semi-closed loop control CNC machine tool. The closed-loop control CNC machine tool segment accounted for the largest market share in 2017, while the semi-closed loop control CNC machine tool segment is expected to register the highest CAGR during the forecast period.


Based on the end-user, the CNC controller market has been bifurcated into healthcare, automobile, aerospace, defense, electronics, metal, and mining. The automobile segment accounted for the largest market share in 2017. Electronics segment is expected to register the highest CAGR during the forecast period.


CNC controller Market Regional Analysis


CNC Controller market, by region, has been segmented into Asia-Pacific, North America, Europe, and rest of the world. Asia-Pacific accounted for the largest market share of in 2017 and is expected to register a high CAGR during the forecast period. Some of the factors that are responsible for the market growth include increasing investments in technological developments, high demand from automotive and defense sectors, substantial presence of electronics industry in China, and adoption of industrial automation in Japan. Europe is expected to be the fastest-growing market in the CNC controller market growing at the highest CAGR due to the growing manufacturing industry, increasing trend of industrial automation, and rising demand from the automotive industry in Germany.


Companies Covered


The key players of global CNC controller market are Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Bosch Rexroth AG (Germany), DMG Mori Co Ltd (Japan), Hurco Companies Inc (US), Fagor Automation Corporation (US), Haas Automation, Inc. (US), Wuhan Huazhong Numerical Control Co., Ltd. (China), Yamazaki Mazak Corporation (Japan), FANUC Corporation (Japan), and Okuma Corporation (Japan).


Market Segmentation



  • By Product — Microcontroller-based, DSP-based, motion control chip-based, and others

  • By Component— Power supply unit, software, cabling, circuitry protection system, motor driver, and others

  • By Axis Type 2 axis, three-axis, four-axis, five-axis, and multi-axis

  • By Application Closed-loop control CNC machine tool, open-loop control CNC machine tool, and semi-closed loop control CNC machine tool

  • By End-User Healthcare, automobile, aerospace, defense, electronics, metal, and mining


Key questions addressed by the report



  • What was the historic market size (2017)?

  • Which segmentation (application/product) is driving market growth?

  • What will be the growth rate by 2023?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 3.8 billion
  CAGR   6%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Component, Axis Type, Application, End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Bosch Rexroth AG (Germany), DMG Mori Co Ltd (Japan), Hurco Companies Inc (US), Fagor Automation Corporation (US), Haas Automation, Inc. (US), Wuhan Huazhong Numerical Control Co., Ltd. (China), Yamazaki Mazak Corporation (Japan), FANUC Corporation (Japan), and Okuma Corporation (Japan)
  Key Market Opportunities   The increasing trend of industrial automation and rapid urbanization.
  Key Market Drivers

  • Increasing investments in technological developments.
  • High demand from automotive and defense sectors.


  • Frequently Asked Questions (FAQ) :


    The computer numerical control (CNC) controller is used to control, automate, and monitor movements of a machine. Rapid industrialization is creating the need for deploying heavy machinery. The rise in need for active monitoring and controlling of equipment is identified as a driver for the global CNC controller market. MRFR findings state that the market of CNC controllers is expected to thrive at about 6% and value USD 3.8 billion by 2023.

    Fast-growing industries and early adoption of modern technologies to simplify mounting complexities of industrial operations are factors that are identified as key drivers for the CNC Controller market growth in the Asia Pacific region.

    Mitsubishi Electric Corporation (Japan), Siemens AG (Germany), DMG Mori Co Ltd (Japan), Bosch Rexroth AG (Germany), Fagor Automation Corporation (US), Hurco Companies Inc (US), and Haas Automation, Inc. (US) are among major players of the CNC controller market that are identified by MRFR.

    The automobile sector widely deploys CNC controllers due to an increase in the need for effective car models that can bolster the market expansion. Consumer electronics, defense, mining, and aerospace are other areas where a surge in the application of CNC controllers is observed.

    Five-axis CNC controllers offers improved services over three-axis controllers. While three-axis are used for drilling holes and in sharp-edge cutting, five-axis CNC controllers find application in aerospace and military sectors. Although they have their own utilities, the adoption of five-axis CNC controllers is high, hence gaining high popularity.

    software, power supply unit, cabling, motor driver, and circuitry protection system are components of a CNC controller. MRFR findings reveal that key players are launching innovations, such as upgraded software, that is gaining considerable traction.

    Computer-Aided Machining (CAM) and Computer-Aided Design (CAD) are commonly used machine tool programming deployed by CNC controllers.