Global CNC Controller Market Size, Trends & Growth Opportunity, By Axis Type (2-Axis, 3-Axis, and 4-Axis), By Industry (Aerospace and Defense, Automotive, and Metal Manufacturing), By Region and Forecast till 2030.
Global CNC Controller Market
The Global CNC Controller Market is expected to grow from US$ 2.60 Billion in 2022 to US$ 3.86 Billion by 2030; it is estimated to grow at a CAGR of 5.06% from 2023-2030.
Market Overview
Computer numerical control (CNC) machines are the tools used to use and convert CAD (computer assisted design) software-created designs into numerical data. With the aid of these equipment, various items and designs are created and produced effectively. The CNC controller serves as the machine's brain, enabling production from data generated by the machine in the form of numbers and initiating the production step. This controller offers a highly effective and efficient means of modifying the production technique.
Market Drivers
The main factors driving the CNC controller market are the emergence of Industry 4.0 and the presence of emerging technologies such as internet of things (IoT), cloud computing, and manufacturing technology across various industry verticals such as construction, manufacturing, and automotive among others that require mechanical components and parts to carry out the working process. The expansion of the CNC controller market is accelerated by the rise in demand for automation to meet the rising need for accurate and high-quality goods as well as the increased demand for mass manufacturing on a commercial scale.
Market Restraints
On the other hand, high installation and maintenance costs are anticipated to restrain the growth of the CNC controller market.
Market Segmentation
Segmentation By Axis Type: Global CNC Controller Market is segmented Axis Type such as2-Axis, 3-Axis, and 4-Axis.
Segmentation By Industry: Global CNC Controller Market is segmented into Industry such as Aerospace and Defense, Automotive, and Metal Manufacturing. As automobile manufacturers integrate IoT and V2X communication technologies to decrease energy consumption and increase safety, the use of CNC controllers is growing throughout the industry.
Segmentation By Region: Global CNC Controller Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the CNC Controller Market in the base year as a result of the region's high demand from the automotive and defence industries, the region's large presence of the electronics industry in countries like China, and Japan's embrace of industrial automation.
Market Key Players
Various key players are discussed in this report such asAG (Germany), FANUC (Japan), Siemens (Germany), Yamazaki Mazak Corporation (Japan), Mitsubishi Electric (Japan), DMG Mori Seiki (Germany), Haas Automation (US), Okuma Corporation (Japan), Wuhan Huazhong Numerical Control (China), Hurco Companies (US), Fagor Automation (US).
Industrial Development
• In an endeavour to transform smart manufacturing in India, Mitsubishi Electric India presented the fully new M800V & M80V series Computerised Numerical Controllers (CNCs) in February 2022. The new M800V and M80V offer the industry's first CNC with built-in wireless LAN, enabling you to work efficiently without any time or space restrictions in the post-pandemic era of remote access and control.
Market Taxonomy
By Axis Type
• 2-Axis
• 3-Axis
• 4-Axis
By Industry
• Aerospace and Defense
• Automotive
• Metal Manufacturing
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global CNC Controller Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global CNC Controller Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global CNC Controller Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global CNC Controller Market, By Axis Type
5.1 Y-o-Y Growth Comparison, By Axis Type
5.2 Global CNC Controller Market Share Analysis, By Axis Type
5.3 Global CNC Controller Market Size and Forecast, By Axis Type
5.3.1 2-Axis
5.3.2 3-Axis
5.3.3 4-Axis
6 Global CNC Controller Market, By Industry
6.1 Y-o-Y Growth Comparison, By Industry
6.2 Global CNC Controller Market Share Analysis, By Industry
6.3 Global CNC Controller Market Size and Forecast, By Industry
6.3.1 Aerospace and Defense
6.3.2 Automotive
6.3.3 Metal Manufacturing
7 Global CNC Controller Market, By Region
7.1 Global CNC Controller Market Share Analysis, By Region
7.2 Global CNC Controller Market Share Analysis, By Region
7.3 Global CNC Controller Market Size and Forecast, By Region
8 North America CNC Controller Market Analysis and Forecast (2023 – 2030)
8.1 Introduction
8.2 North America CNC Controller Market Share Analysis, By Axis Type
8.3 North America CNC Controller Market Size and Forecast, By Industry
8.4 North America CNC Controller Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe CNC Controller Market Analysis and Forecast (2023 – 2030)
9.1 Introduction
9.2 Europe CNC Controller Market Share Analysis, By Axis Type
9.3 Europe CNC Controller Market Size and Forecast, By Industry
9.4 Europe CNC Controller Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific CNC Controller Market Analysis and Forecast (2023 – 2030)
10.1 Introduction
10.2 Asia Pacific CNC Controller Market Share Analysis, By Axis Type
10.3 Asia Pacific CNC Controller Market Size and Forecast, By Industry
10.4 Asia Pacific CNC Controller Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America CNC Controller Market Analysis and Forecast (2023 – 2030)
11.1 Introduction
11.2 Latin America CNC Controller Market Share Analysis, By Axis Type
11.3 Latin America CNC Controller Market Size and Forecast, By Industry
11.4 Latin America CNC Controller Market Size and Forecast, By Country
12 Middle East CNC Controller Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Middle East CNC Controller Market Share Analysis, By Axis Type
12.3 Middle East CNC Controller Market Size and Forecast, By Industry
12.4 Middle East CNC Controller Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 asAG (Germany)
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 FANUC (Japan)
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Siemens (Germany)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Yamazaki Mazak Corporation (Japan)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Mitsubishi Electric (Japan)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 DMG Mori Seiki (Germany)
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Haas Automation (US)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
