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 Am...

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

1 EXECUTIVE SUMMARY

2 MARKET DYNAMICS

2.1. Market Growth Factors

2.1.1. Growing Demand of Automation

2.1.2. Reduction in the Cost of Manufacturing Process and Waste Minimization.

2.1.3. Growing Demand of Smaller Footprints in SME’s

2.2. Market Challenges

2.2.1. High Cost of Implementation and Maintenance.

2.2.2. Lack of Expertise in Handling Advanced Complex CNC Machines.

2.3. Opportunities

2.3.1. Integrating with Additive Manufacturing

2.4. Supply Chain Analysis

2.5. Porter’s Five Forces Analysis

3 GLOBAL CNC CONTROLLER MARKET, BY PRODUCT

3.1. Introduction

3.2. Sub-Segment

3.2.1. Microcontroller-Based

3.2.2. DSP-Based

3.2.3. Motion Control Chip-Based

3.2.4. Others

4 GLOBAL CNC CONTROLLER MARKET, BY COMPONENT

4.1. Introduction

4.2. Sub-Segment

4.2.1. Power Supply Unit

4.2.2. Software

4.2.3. Cabling

4.2.4. Circuitry Protection System

4.2.5. Motor Driver

4.2.6. Others

5 GLOBAL CNC CONTROLLER MARKET, BY AXIS TYPE

5.1. Introduction

5.2. Sub-Segment

5.2.1. 2 Axis

5.2.2. 3 Axis

5.2.3. 4 Axis

5.2.4. 5 Axis

5.2.5. Multi Axis

6 GLOBAL CNC CONTROLLER MARKET, BY APPLICATION

6.1. Introduction

6.2. Sub-Segment

6.2.1. Closed-Loop Control CNC Machine Tool

6.2.2. Open-Loop Control CNC Machine Tool

6.2.3. Semi-Closed Loop Control CNC Machine Tool Applications

7 GLOBAL CNC CONTROLLER MARKET, BY END USER

7.1. Introduction

7.2. Market by Sub-Segment

7.2.1. Health Care

7.2.2. Automobile

7.2.3. Aerospace

7.2.4. Defense

7.2.5. Electronics

7.2.6. Metal and Mining

7.2.7. Others

8 GLOBAL CNC CONTROLLER MARKET, BY REGION

8.1. Introduction

8.2. Market, By Regions

8.2.1. North America

8.2.1.1. US

8.2.1.2. Canada

8.2.1.3. Mexico

8.2.2. Europe

8.2.2.1. UK

8.2.2.2. Germany

8.2.2.3. France

8.2.2.4. Rest of Europe

8.2.3. Asia-Pacific

8.2.3.1. China

8.2.3.2. Japan

8.2.3.3. India

8.2.3.4. Rest of Asia-pacific

8.2.4. Rest of the World (RoW)

8.2.4.1. Africa & Middle East

8.2.4.2. Latin America

9 COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Market Share Analysis

9.3. Company Profiles

9.3.1. Siemens AG (Germany)

9.3.1.1. Company Overview

9.3.1.2. Product/Services Offering

9.3.1.3. Strategy

9.3.1.4. SWOT Analysis

9.3.2. Mitsubishi Electric Corporation

9.3.2.1. Company Overview

9.3.2.2. Product/Services Offering

9.3.2.3. Strategy

9.3.2.4. SWOT Analysis

9.3.3. Bosch Rexroth AG (Germany)

9.3.3.1. Company Overview

9.3.3.2. Product/Services Offering

9.3.3.3. Strategy

9.3.3.4. SWOT Analysis

9.3.4. DMG Mori Co Ltd

9.3.4.1. Company Overview

9.3.4.2. Products/Services Offering

9.3.4.3. Strategy

9.3.4.4. SWOT Analysis

9.3.5. Hurco Companies Inc (US)

9.3.5.1. Company Overview

9.3.5.2. Product/ Service offered

9.3.5.3. Strategy

9.3.6. Fagor Automation Corporation (US)

9.3.6.1. Company overview

9.3.6.2. Product/ Service offering

9.3.7. Haas Automation, Inc. (US)

9.3.7.1. Company Overview

9.3.7.2. Product/ Service offered

9.3.8. Wuhan Huazhong Numerical Control Co., Ltd. (China)

9.3.8.1. Company Overview

9.3.8.2. Product/ Service offered

9.3.9. Yamazaki Mazak Corporation (Japan)

9.3.9.1. Company Overview

9.3.9.2. Product/ Service offered

9.3.10. FANUC Corporation (Japan)

9.3.10.1. Company Overview

9.3.10.2. Products/Services Offered

9.3.10.3. SWOT Analysis

9.3.11. Okuma Corporation (Japan)

9.3.11.1. Company Overview

9.3.11.2. Products/Services offered

9.4. Appendix

9.5. Scope of the Study

9.5.1. Research Objective

9.5.2. Assumption

9.5.3. Limitation

9.6. Market Structure

10 RESEARCH METHODOLOGIES

10.1. Research Process

10.2. Primary Research

10.3. Secondary Research

10.4. Market Size Estimation

10.5. Forecast Model

11 List of Tables

TABLE 1 Global CNC Controller Market by Product, 2020-2027 (USD Million)

TABLE 2 Global CNC Controller Market, by Component type, 2020-2027 (USD Million)

TABLE 3 Global CNC Controller Market, BY Axis Type, 2020-2027 (USD MILLION)

TABLE 4 Global CNC Controller Market, by application 2020-2027 (USD Million)

TABLE 5 Global CNC Controller Market, by End User, 2020-2027 (USD Million)

TABLE 6 Global CNC Controller Market, 2020-2027 (USD Million)

TABLE 7 North America CNC Controller Market by Country,2020-2027 (USD Million)

TABLE 8 North America CNC Controller Market by Product, 2020-2027 (USD Million)

TABLE 9 North America CNC Controller Market by Component, 2020-2027 (USD Million)

TABLE 10 North America CNC Controller Market by Axis Type,2020-2027 (USD Million)

TABLE 11 North America CNC Controller Market by application, 2020-2027 (USD Million)

TABLE 12 North America CNC Controller Market by End User, 2020-2027 (USD Million)

TABLE 13 US CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 14 US CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 15 US CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 16 US CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 17 US CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 18 Canada CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 19 Canada CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 20 Canada CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 21 Canada CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 22 Canada CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 23 Mexico CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 24 Mexico CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 25 Mexico CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 26 Mexico CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 27 Mexico CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 28 Europe CNC Controller Market by Country, 2020-2027 (USD Million)

TABLE 29 Europe CNC Controller Market by Product, 2020-2027 (USD Million)

TABLE 30 Europe CNC Controller Market by Component, 2020-2027 (USD Million)

TABLE 31 Europe CNC Controller Market by Axis Type, 2020-2027 (USD Million)

TABLE 32 Europe CNC Controller Market by application, 2020-2027 (USD Million)

TABLE 33 Europe CNC Controller Market by End User, 2020-2027 (USD Million)

TABLE 34 UK CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 35 UK CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 36 UK CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 37 UK CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 38 UK CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 39 Germany CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 40 Germany CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 41 Germany CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 42 Germany CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 43 Germany CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 44 France CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 45 France CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 46 France CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 47 France CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 48 France CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 49 Rest of Europe CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 50 Rest of Europe CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 51 Rest of Europe CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 52 Rest of Europe CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 53 Rest of Europe CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 54 Asia-Pacific CNC Controller Market by Country, 2020-2027 (USD Million)

TABLE 55 Asia-Pacific CNC Controller Market by Product, 2020-2027 (USD Million)

TABLE 56 Asia-Pacific CNC Controller Market by Component, 2020-2027 (USD Million)

TABLE 57 Asia-Pacific CNC Controller Market by Axis Type, 2020-2027 (USD Million)

TABLE 58 Asia-Pacific CNC Controller Market by application, 2020-2027 (USD Million)

TABLE 59 Asia-Pacific CNC Controller Market by End User, 2020-2027 (USD Million)

TABLE 60 China CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 61 China CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 62 China CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 63 China CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 64 China CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 65 Japan CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 66 Japan CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 67 Japan CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 68 Japan CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 69 Japan CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 70 India CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 71 India CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 72 India CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 73 India CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 74 India CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 75 Rest of Asia-Pacific CNC Controller market, by Product, 2020-2027 (USD Million)

TABLE 76 Rest of Asia-Pacific CNC Controller market, by Component, 2020-2027 (USD Million)

TABLE 77 Rest of Asia-Pacific CNC Controller market, by Axis Type, 2020-2027 (USD Million)

TABLE 78 Rest of Asia-Pacific CNC Controller market, by application, 2020-2027 (USD Million)

TABLE 79 Rest of Asia-Pacific CNC Controller market, by End User, 2020-2027 (USD Million)

TABLE 80 Rest of the World (ROW) CNC Controller market by country, 2020-2027 (USD Million)

TABLE 81 Rest of The World (ROW) CNC Controller Market by Product, 2020-2027 (USD Million)

TABLE 82 Rest of The World (ROW) CNC Controller Market by Component, 2020-2027 (USD Million)

TABLE 83 Rest of The World (ROW) CNC Controller Market by Axis Type, 2020-2027 (USD Million)

TABLE 84 Rest of The World (ROW) CNC Controller Market by application, 2020-2027 (USD Million)

TABLE 85 Rest of The World (ROW) CNC Controller Market by End User, 2020-2027 (USD Million)

TABLE 86 Africa & Middle East CNC Controller Market by Product, 2020-2027 (USD Million)

TABLE 87 Africa & Middle East CNC Controller Market by component, 2020-2027 (USD Million)

TABLE 88 Africa & Middle East CNC Controller Market by axis type, 2020-2027 (USD Million)

TABLE 89 Africa & Middle East CNC Controller Market by application, 2020-2027 (USD Million)

TABLE 90 Africa & Middle East CNC Controller Market by end user, 2020-2027 (USD Million)

TABLE 91 Latin America CNC CONTROLLER MARKET BY PRODUCT, 2020-2027 (USD MILLION)

TABLE 92 Latin America CNC CONTROLLER MARKET BY COMPONENT, 2020-2027 (USD MILLION)

TABLE 93 Latin America CNC CONTROLLER MARKET BY AXIS TYPE, 2020-2027 (USD MILLION)

TABLE 94 Latin America CNC CONTROLLER MARKET BY APPLICATION, 2020-2027 (USD MILLION)

TABLE 95 Latin America CNC CONTROLLER MARKET BY END USER, 2020-2027 (USD MILLION)

12 List of Figures

FIGURE 1 Global CNC Controller Market: Drivers Challenges & Opportunities

FIGURE 2 GLOBAL CNC CONTROLLER MARKET: Supply Chain ANALYSIS

FIGURE 3 Global CNC Controller Market: Porter’s Five Forces Analysis

FIGURE 4 Global CNC Controller Market by Product, 2020-2027 (USD Million)

FIGURE 5 Global CNC Controller Market, by Component type, 2020-2027 (USD Million)

FIGURE 6 Global CNC Controller Market, BY Axis Type, 2020-2027 (USD MILLION)

FIGURE 7 Global CNC Controller Market, by application 2020-2027 (USD Million)

FIGURE 8 Global CNC Controller Market, by End User, 2020-2027 (USD Million)

FIGURE 9 Global CNC Controller Market, by Region, 2020-2027 (USD Million)

FIGURE 10 North America CNC Controller Market by Country,2020-2027 (USD Million)

FIGURE 11 North America CNC Controller Market by Product, 2020-2027 (USD Million)

FIGURE 12 North America CNC Controller Market by Component, 2020-2027 (USD Million)

FIGURE 13 North America CNC Controller Market by Axis Type, 2020-2027 (USD Million)

FIGURE 14 North America CNC Controller Market by application, 2020-2027 (USD Million)

FIGURE 15 North America CNC Controller Market by End User, 2020-2027 (USD Million)

FIGURE 16 Europe CNC Controller Market by Country, 2020-2027 (USD Million)

FIGURE 17 Europe CNC Controller Market by Product, 2020-2027 (USD million)

FIGURE 18 Europe CNC Controller Market by Component, 2020-2027 (USD Million)

FIGURE 19 Europe CNC Controller Market by Axis Type, 2020-2027 (USD million)

FIGURE 20 Europe CNC Controller Market by application, 2020-2027 (USD million)

FIGURE 21 Europe CNC Controller Market by End User, 2020-2027 (USD million)

FIGURE 22 Asia-Pacific CNC Controller Market by Country, 2020-2027 (USD Million)

FIGURE 23 Asia-Pacific CNC Controller Market by Product, 2020-2027 (USD million)

FIGURE 24 Asia-Pacific CNC Controller Market by deployment type, 2020-2027 (USD million)

FIGURE 25 Asia-Pacific CNC Controller Market by Axis Type, 2020-2027 (USD Million)

FIGURE 26 Asia-Pacific CNC Controller Market by application, 2020-2027 (USD million)

FIGURE 27 Asia-Pacific CNC Controller Market by End User, 2020-2027 (USD million)

FIGURE 28 Rest of the World (ROW) CNC Controller market by country, 2020-2027 (USD Million)

FIGURE 29 Rest of The World (ROW) CNC Controller Market by Product, 2020-2027 (USD Million)

FIGURE 30 Rest of The World (ROW) CNC Controller Market by Component, 2020-2027 (USD million)

FIGURE 31 Rest of The World (ROW) CNC Controller Market by Axis Type, 2020-2027 (USD Million)

FIGURE 32 Rest of The World (ROW) CNC Controller Market by application, 2020-2027 (USD million)

FIGURE 33 Rest of The World (ROW) CNC Controller Market by End User, 2020-2027 (USD million)

FIGURE 34 Global CNC Controller key players MARKET Share, 2020 (%)

FIGURE 35 Global CNC Controller Market Structure

FIGURE 36 MRFR Research Process

CNC Controller Market Speak to Analyst Request a Free Sample

CNC Controller Market Overview:


The CNC controller market was valued at USD 2.8 billion in the year 2017 and it is expected to surpass the market value of over USD 3.8 billion by the year 2023 while registering a CAGR of 6% during the forecast period. CNC controllers and machines are gaining momentum in recent times due to the increasing demand for enhanced performance and quality of service. The CNC controller machines are capable of providing features such as feed rate, coordination, location, speed, and other functionalities. The competitive manufacturing facility and the advent of industry 4.0 across the globe have stimulated the demand for CNC controllers. The emerging technologies such as IoT, cloud computing, and others in the manufacturing sectors, aerospace, and automotive industries require advanced machines and components to carry out the working processes. Therefore the CNC controller market is expected to have higher growth during the forecast period.


Especially in the automotive industries, CNC machines are increasingly adopted to manufacture starters that are precise yet efficient. CNC machines make the efficient starting for vehicles and it caters to several other applications as well.


COVID 19 Analysis:


COVID 19 has created huge distress among the industrial verticals and had disrupted supply chains and disturbed several industrial operations. Several companies have reduced their manufacturing processes. Also, the labor forces were reduced due to the restrictions in movement and social distancing norms. Such factors have impacted the CNC controller market demand.


Slowly after the recovery from COVID, the industries are increasingly investing to get back to the pace and are investing in the CNC tools and technologies to promote their manufacturing efficiency and quality at minimum operating costs. Therefore the CNC controller market growth is unaffected by COVID-19.


Market Dynamics:



  • Market Drivers:


The increasing number of industries and the manufacturing verticals across the globe, combined with the increasing adaptation of the automated technologies across the industry verticals and the increasing demand for the superior quality, uniformity, improved safety, and accuracy of the manufacturing processes are some of the major factors that are attributing to the growth of CNC controller market.


The advent of 5-axis CNC machines in the CNC controller market, which is utilized to design complex machine parts for the automotive and aerospace industries is stimulating the overall growth of the CNC controller market. Although there are expensive, they cater to a wide range of requirements and offer huge benefits such as lesser machine setup time, enhanced accuracy and higher surface finishing, and so on. Moreover, the increasing demand for the automotive and aerospace industries in recent times is projecting the overall growth of the CNC controller market.



  • Market Opportunities:


The manufacturers are adopting strategies and combining two or more technologies to help the growth of the manufacturing sectors. For example, in recent times, manufacturing companies are adopting efficient techniques as the competitive business environment demands efficiency. They incorporate hybrid manufacturing solutions and 3D printing technologies using CNC machines. Such factors are presenting lucrative opportunities for the CNC controller market growth during the forecast period.


The increasing number of industrial sectors and increasing adaptation of advanced technologies and techniques across the potential end-user industries are presenting lucrative opportunities for CNC controller market growth.



  • Market Restraints:


The occurrence of crashes with CNC machines that are equipped with crash detectors and load sensors affect the efficiency and therefore is considered as the major restraint of CNC controller market growth. 


The requirement of higher capital investments for installing and maintaining CNC machines is considered as the major restraint for the manufacturers that are located in developing areas. The lathes and routers of the CNC machines cost thousands of dollars and the other costs such as installation, maintenance, and operating costs accompanied with the requirement of skilled professionals for operating them are one of the major restraints of CNC controllers market growth.



  • Market Challenges:


The CNC controller market is facing distress due to a lack of skilled manpower and setup machinists in several countries. Therefore several features of the CNC machines are not utilized by the manufacturing facilities. The programming, setting up the machines, and operating them require skilled professionals to carry out the programs accurately. Otherwise, that could lead to manufacturing errors and unnecessary manufacturing costs. This factor is considered as the major challenge for the overall growth of the CNC controller industry.


Some of the CNC tools are not equipped with load sensors and they don’t realize or understand the working environment. The program fed into the machines is performed in such cases. Therefore the chances of crashes are higher and the operator has to be highly aware of the crashes. This factor is also considered as the major challenge for the overall growth of the CNC controller industry.



  • Cumulative Growth Analysis:


The growth of the CNC controller is highly influenced by the growth of the industrial verticals. For instance, several developed countries are adopting automated machines and technologies for industrial processes and in their manufacturing units to enhance productivity and reduce errors. There are quite a few advantages to utilizing automated industrial robots, it allows the manufacturers to obtain real-time data and effectively perform process analysis. Other advantages such as superior quality, enhanced uniformity, increased safety, and efficiency at minimized operating costs. Such advantages have propelled the manufacturers to adopt the CNC controller machines.


The manufacturers are also trying to redesign their business processes and reduce the operation costs, therefore they are integrating the 3D printing technologies with the CNC controller and adopting efficient techniques. The CNC controllers are utilized in subtractive manufacturing technologies where the materials are added layer upon layer and are designed according to the desired geometry. Here two different processes are integrated and therefore named additive manufacturing. Likewise, the manufacturers are combining two different technologies and integrating the CNC controller machines to enhance productivity. Such factors are considered as the major drivers of CNC controller market growth.



  • Value Chain Analysis:


In recent times, with the growing technology and development in the tools, the CNC controller market growth is witnessing rapid growth in the recent times. Additionally, the growth of the CNC controller market is dependent on the actuators and the power supply unit, therefore the manufacturers of these two components is driving the market. Through indirect sales channels and third-party providers, the manufacturers are establishing their sales networks and products. Such factors are aiding the overall growth of the CNC controller market. 


In the automotive industry due to the increasing investment from the potential market players, the utilization of CNC controllers is increasing across the industry. The automotive manufacturers adopt IoT and V2X communication technologies to increase energy consumption and safety, additionally, they also enhance the vehicles communicating with the traffic signals and thereby enhance the driving experience. Such factors are projecting the CNC controller market growth further in recent times.


Segment Overview:


Based on Offering:



  • Hardware

  • Software & Services


Based on Machine Type:



  • CNC Machining Center

  • CNC Turning Center


Based on Axis Type:



  • 2-Axis

  • 3-Axis

  • 4-Axis

  • 5-Axis

  • Multi-axis


Based on Sales Channel:



  • Direct

  • Indirect


Based on End User:



  • Aerospace



  • Automotive

  • Metals & Mining

  • Semiconductor & Electronics

  • Medical Devices

  • Others


Based on Product:



  • Microcontroller-Based

  • DSP-Based

  • Motion Control Chip-Based

  • Others 


Based on Component:



  • Power Supply Unit

  • Software

  • Cabling

  • Circuitry Protection System

  • Motor Driver

  • Others


Regional Analysis:


Asia-pacific region is increasingly investing in the business and manufacturing processes and possesses numerous manufacturing companies. Moreover, the advancements in the automotive and manufacturing industries across the region are also supporting the overall growth of the CNC controller industry. Additionally, the favorable economic conditions of the countries such as China, Japan, India, and other Asia-pacific regions are also inclined towards developing the infrastructure and reliant on the growth of the CNC controller industry.


The demand for the automotive industry across Europe is also expected to boost the CNC controller industry during the forecast period.


Competitive Landscape:



  • 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)

  • Okuma Corporation (Japan)


Recent Developments:


In the year 2020, one of the leading market players, Siemens had released the software version NCU-SW 6.14 which is considered the most efficient and powerful technology package that is designed for CNC sinumerik one. The program allows the CAM-generated CNC programs top surface and top speed plus excellent motion control and other features. 


In the year 2020, one of the leading companies, Hurco Companies had brought in a series of three models of CNC turning centers. The company had already introduced a series of driven tool lathe models where they were not sufficient for the requirements in the industry, performance-wise. This new development has incorporated all-digital control platform which is considered to meet the accuracy, and reliability requirements in the industry. 


Report Overview:


This report has covered:



  • Market overview

  • COVID 19 Analysis

  • Market dynamics

  • Cumulative growth analysis

  • Value chain analysis

  • Segment overview

  • Regional analysis

  • Competitive landscape

  • Recent developments



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.


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    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.