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CNC Controller Market by Hardware (CNC Machine and CNC Controller), Machine Type (CNC Machining Center and CNC Turning Center), Axis Type (2-Axis, 3-Axis, 4-Axis, 5-Axis, and Multiaxis), Industry, and Geography - Global Forecast to 2023

CNC Controller Market by Hardware (CNC Machine and CNC Controller), Machine Type (CNC Machining Center and CNC Turning Center), Axis Type (2-Axis, 3-Axis, 4-Axis, 5-Axis, and Multiaxis), Industry, and Geography - Global Forecast to 2023

“CNC Controller market expected to exhibit significant growth between 2017 and 2023”
The CNC controller market is projected to grow at a CAGR of 3.8% between 2017 and 2023, to reach USD 3.70 billion by 2023. Key driving factors for the growth of the market are increase in the adoption of industrial automation in the manufacturing sector, ability to reduce operating cost, and rising demand for mass production across end-user industries. However, factors such as requirement of high investment cost for the implementation of CNC machines are restraining the growth of this market.

“CNC machining center expected to hold major share of controller market during forecast period”
CNC machining center is expected to hold a major share of the controller market by 2023. This is attributed to the growing focus of manufacturers to invest in technologies to develop innovative, energy-efficient, and advanced solutions for end users. These machines are used for a variety of machining operations owing to their ability to offer a high level of accuracy and ability to perform continuous production work. Thus, the adoption of controllers is high in CNC machining centers owing to the high demand for the machining centers for complex machining operations.

“Controller market for 5-axis CNC machine expected to grow at highest CAGR between 2017 and 2023”
The controller market for 5-axis CNC machine is projected to grow at the highest CAGR between 2017 and 2023. These machines are specifically designed for manufacturing complex machine parts in critical industries such as aerospace and defense. They are expensive; however, they offer benefits such as reduced machine setup time, enhanced accuracy, and better surface finishing, which is expected to encourage their adoption during the forecast period. CNC controllers control the movement of 5-axis CNC machines in 5 different directions simultaneously. Thus, the demand for CNC controllers is expected to grow significantly in 5-axis CNC machines during the forecast period.

“Automotive industry to account for largest share of the CNC controller market during forecast period”
The automotive industry is expected to hold the largest share of the market during the forecast period. Advancements in automotive manufacturing technologies and increasing investments by key automotive manufacturers are some of the factors expected to drive the market for the automotive industry. Further, intense competition in the automotive industry has led to increase in the development of innovative and advanced manufacturing technologies for automobiles. Hence, there is a high demand for the controllers across the globe as they help enhance the efficiency of production and manufacturing facilities in the automotive industry.

“Market for CNC controllers in Europe expected to grow at highest CAGR during forecast period”
The market for the controllers in Europe is projected to grow at the highest CAGR between 2017 and 2022. The growth of the market is primarily driven by the increase in demand for automobiles, medical devices, and machinery manufacturing equipment. Further, advancements in controller capabilities, ability to control multiple axes, and the development of advanced controllers are some of the factors contributing to the growth of the market in Europe.

The breakdown of the profiles of primary participants for the report has been given below:
• By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20%
• By Designation: C-Level Executives = 70%, Directors = 20%, and Others = 10%
• By Region: North America = 40%, Europe = 35%, APAC = 15%, and RoW = 10%
FANUC Corporation (Japan), Mitsubishi Electric Corporation (Japan), and Siemens AG (Germany) are the leading players in the CNC controller market. Furthermore, key players in the CNC machine market are Bosch Rexroth AG (Germany), DMG MORI CO., LTD. (Japan), Fagor Automation (US), FANUC Corporation (Japan), Haas Automation, Inc. (US), Hurco Companies, Inc. (US), Mitsubishi Electric Corporation (Japan), Okuma Corporation (Japan), Siemens AG (Germany), Wuhan Huazhong Numerical Control Co., Ltd. (China), and Yamazaki Mazak Corporation (Japan).

Research Coverage:
The research report analyzes the CNC market on the basis of the following segments: hardware, machine type, axis type, industry, and geography. The market has been segmented on the basis of hardware into CNC machines and CNC controllers. A major emphasis has been given to CNC controllers as they are an important part of the machine. The market for CNC controllers has been segmented on the basis of machine type into CNC machining center and CNC turning center. Further, the market for CNC controllers has been segmented on the basis of axis type into 2-axis, 3-axis, 4-axis, 5-axis, and multiaxis CNC machines. Industries covered in this report are aerospace and defense, automotive, metal manufacturing, medical devices, and semiconductor and electronics. The report also covers the market segmented on the basis of the following regions: North America, Europe, APAC, and RoW.

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on hardware, machine type, axis type, industry, and region have been provided to provide an overall view of the market.
A detailed value chain analysis has been given to provide an in-depth insight into the market.
Major drivers, restraints, opportunities, and challenges for the market have been detailed in this report.
The report includes the detailed competitive landscape, along with key market players and their revenues.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • VALUE CHAIN ANALYSIS: INDUSTRIAL AUTOMATION INDUSTRY
    • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
        • Table MAJOR SECONDARY SOURCES
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • CNC CONTROLLER MARKET, 2017-2023 (USD BILLION)
    • CNC CONTROLLER MARKET, BY MACHINE TYPE (2017-2023)
    • CNC CONTROLLER MARKET, BY AXIS TYPE (2017 & 2023)
    • CNC CONTROLLER MARKET, BY INDUSTRY AND GEOGRAPHY (2017)
    • CNC CONTROLLER MARKET, BY GEOGRAPHY (2017)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • LATEST TRENDS IN CNC MACHINES
  • INSTALLATION TYPES OF CNC MACHINES
    • INTRODUCTION
    • NEW CNC MACHINE
      • STANDARD CNC MACHINES
      • CUSTOM-BUILT CNC MACHINES
    • RETROFITTED CNC MACHINE
    • USED CNC MACHINE
  • TYPES OF SOFTWARE AND SERVICES
    • INTRODUCTION
    • SOFTWARE
      • INTEGRATED CAD/CAM SOFTWARE ENHANCES MANUFACTURING EFFICIENCY AND ACCURACY
      • CAD
      • CAM
    • SERVICES
      • INSTALLATION AND COMMISSIONING
      • RETROFITTING AND RECONDITIONING
      • BREAKDOWN
      • CALIBRATION
  • MARKET ANALYSIS, BY HARDWARE
    • INTRODUCTION
      • Table CNC CONTROLLER MARKET, BY HARDWARE, 2014-2023 (USD BILLION)
    • CNC MACHINES
      • WORKING OF CNC MACHINES
        • Table CNC MACHINE MARKET, BY REGION, 2014-2023 (USD BILLION)
        • Table CNC MACHINE MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
        • Table CNC MACHINE MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
        • Table CNC MACHINE MARKET IN APAC, BY COUNTRY, 2014-2023 (USD BILLION)
        • Table CNC MACHINE MARKET IN ROW, BY REGION, 2014-2023 (USD MILLION)
      • ADVANTAGES OF CNC MACHINES
    • CNC PRODUCTS
      • INPUT DEVICES
      • MACHINE CONTROL UNIT OR CONTROLLER
        • Table CNC CONTROLLER MARKET IN TERMS OF VALUE AND VOLUME, 2014-2023
      • DRIVING SYSTEM
      • FEEDBACK DEVICES
  • MARKET ANALYSIS, BY MACHINE TYPE
    • INTRODUCTION
      • Table CNC CONTROLLER MARKET, BY MACHINE TYPE, 2014-2023 (USD BILLION)
    • CNC MACHINING CENTER
      • ADVANTAGES OF CNC MACHINING
        • Table CNC CONTROLLER MARKET FOR CNC MACHINING CENTER, BY REGION, 2014-2023 (USD MILLION)
    • CNC TURNING CENTER
      • ADVANTAGES OF CNC TURNING
        • Table CNC CONTROLLER MARKET FOR CNC TURNING CENTER, BY REGION, 2014-2023 (USD MILLION)
  • MARKET ANALYSIS, BY AXIS TYPE
    • INTRODUCTION
      • Table CNC CONTROLLER MARKET, BY AXIS TYPE, 2014-2023 (USD MILLION)
    • 2-AXIS CNC MACHINE
    • 3-AXIS CNC MACHINE
    • 4-AXIS CNC MACHINE
    • 5-AXIS CNC MACHINE
    • MULTIAXIS CNC MACHINE
  • MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table CNC CONTROLLER MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
    • AEROSPACE AND DEFENSE
      • HIGH RAW MATERIAL COST AND COMPLEXITY INVOLVED IN MANUFACTURING CRITICAL COMPONENTS
        • Table CNC CONTROLLER MARKET FOR AEROSPACE AND DEFENSE, BY REGION, 2014-2023 (USD MILLION)
    • AUTOMOTIVE
      • INCREASING DEMAND FOR MASS PRODUCTION IN AUTOMOTIVE INDUSTRY
        • Table CNC CONTROLLER MARKET FOR AUTOMOTIVE, BY REGION, 2014-2023 (USD MILLION)
    • METAL MANUFACTURING
      • GROWING DEMAND FOR FABRICATED METAL PRODUCTS
        • Table CNC CONTROLLER MARKET FOR METAL MANUFACTURING, BY REGION, 2014-2023 (USD MILLION)
    • MEDICAL DEVICES
      • Table CNC CONTROLLER MARKET FOR MEDICAL DEVICES, BY REGION, 2014-2023 (USD MILLION)
    • SEMICONDUCTOR AND ELECTRONICS
      • Table CNC CONTROLLER MARKET FOR SEMICONDUCTOR AND ELECTRONICS, BY REGION, 2014-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table CNC CONTROLLER MARKET, BY REGION, 2014-2023 (USD MILLION)
    • NORTH AMERICA
      • Table CNC CONTROLLER MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
        • Table CNC CONTROLLER MARKET IN NORTH AMERICA, BY INDUSTRY, 2014-2023 (USD MILLION)
        • Table CNC CONTROLLER MARKET IN NORTH AMERICA, BY MACHINE TYPE, 2014-2023 (USD MILLION)
    • EUROPE
      • Table CNC CONTROLLER MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • GERMANY
      • ITALY
      • SWITZERLAND
      • SPAIN
      • AUSTRIA
      • REST OF EUROPE
        • Table CNC CONTROLLER MARKET IN EUROPE, BY INDUSTRY, 2014-2023 (USD MILLION)
        • Table CNC CONTROLLER MARKET IN EUROPE, BY MACHINE TYPE, 2014-2023 (USD MILLION)
    • APAC
      • Table CNC CONTROLLER MARKET IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • TAIWAN
      • INDIA
      • REST OF APAC
        • Table CNC CONTROLLER MARKET IN APAC, BY INDUSTRY, 2014-2023 (USD MILLION)
        • Table CNC CONTROLLER MARKET IN APAC, BY MACHINE TYPE, 2014-2023 (USD MILLION)
    • ROW
      • Table CNC CONTROLLER MARKET IN ROW, BY REGION, 2014-2023 (USD MILLION)
      • SOUTH AMERICA
      • MIDDLE EAST
      • AFRICA
        • Table CNC CONTROLLER MARKET IN ROW, BY INDUSTRY, 2014-2023 (USD MILLION)
        • Table CNC CONTROLLER MARKET IN ROW, BY MACHINE TYPE, 2014-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS: CNC CONTROLLER, 2016
      • Table MARKET RANKING OF LEADING MANUFACTURERS OF CNC CONTROLLER, 2016
    • CNC CONTROLLER MARKET: COMPETITIVE LEADERSHIP MAPPING, 2017
      • INTRODUCTION
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • COMPETITIVE SITUATIONS AND TRENDS
  • COMPANY PROFILES
    • INTRODUCTION
    • FANUC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • DMG MORI CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • HURCO COMPANIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • OKUMA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • WUHAN HUAZHONG NUMERICAL CONTROL CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • BOSCH REXROTH AG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • FAGOR AUTOMATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • HAAS AUTOMATION, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • YAMAZAKI MAZAK CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KEY INNOVATORS
      • MACHINE TOOL TECHNOLOGIES LTD (MTT)
      • SIMPLEX
      • XOMETRY
      • YUG MACHINE TOOLS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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