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CNC Controller Market - By Component (Hardware, Software, Services), By Machine Type (Machine Center, Turning Center), By Axis (Two-axis, Three-axis, Four-axis, Five-axis, Multi-axis), By End User, By Sale Channel & Forecast, 2024 - 2032

Publisher Global Market Insights
Published Apr 11, 2024
Length 200 Pages
SKU # GMI18994892

Description

CNC Controller Market - By Component (Hardware, Software, Services), By Machine Type (Machine Center, Turning Center), By Axis (Two-axis, Three-axis, Four-axis, Five-axis, Multi-axis), By End User, By Sale Channel & Forecast, 2024 - 2032


CNC controller market size is anticipated to register over 4% CAGR during 2024-2032 driven by the increasing adoption of CNC machines across various sectors, including automotive, aerospace, electronics, and healthcare. These controllers offer precision, efficiency, and flexibility in manufacturing processes for enabling faster production cycles and enhanced product quality. For instance, in April 2024, Mitsubishi Electric India launched M80LA model of CNC with technologically advanced solutions to assist efficient and smart manufacturing in the country.

As industries continue to prioritize automation and digitalization to improve productivity and reduce labor costs, the demand for advanced CNC controllers equipped with features, such as real-time monitoring, predictive maintenance, and integration with IoT (Internet of Things) platforms is on the rise.

Technological advancements in CNC controller hardware and software will also influence the market growth. These include the development of multi-axis control systems, improved machine interfaces, and software upgrades to enhance user interface capabilities and programming flexibility. The shift towards smart manufacturing and Industry 4.0 initiatives is also helping in encouraging manufacturers to invest in CNC controllers to support interconnected systems and data-driven decision-making processes.

The industry is segmented into component, machine type, axis, end user, sales channel, and region.

Based on component, the CNC controller market size from the software segment is slated to witness significant growth rate during 2024-2032 due to its crucial role in enhancing machine efficiency, precision, and functionality. CNC controllers rely on sophisticated software solutions to translate CAD (computer-aided design) models into machine tool instructions for enabling complex machining operations with high accuracy and repeatability.

With respect to end user, the CNC controller market from the medical devices segment will grow at notable CAGR through 2032 due to stringent quality standards, precision requirements, and the increasing complexity of medical device components. CNC controllers help in manufacturing medical devices, such as implants, surgical instruments, and diagnostic equipment with high accuracy and consistency.

North America CNC controller industry is expected to expand at modest rate over 2024-2032. This is attributed to the strong presence of industries, such as aerospace, automotive, and electronics, which heavily rely on CNC technology for precision machining and manufacturing of complex components. These industries prioritize efficiency, productivity, and innovation, further pushing the demand for advanced features like multi-axis control, high-speed machining capabilities, and seamless integration with CAD/CAM (computer-aided manufacturing) systems) across the region.

Table of Contents

200 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 CNC controller industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.2.1 Total addressable market (TAM), 2024-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Advancements in CNC software which enhance machine capabilities
3.8.1.2 Expansion of the automotive industry
3.8.1.3 Rising demand for customized products
3.8.1.4 Increasing automation in manufacturing processes
3.8.1.5 Growing adoption of CNC technology in the aerospace industry
3.8.2 Industry pitfalls & challenges
3.8.2.1 Potential for machine downtime due to technical failures
3.8.2.2 Compatibility issues with legacy machinery impede integration
3.9 Growth potential analysis
3.10 Porter's analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Component, 2018 - 2032 (USD Million)
5.1 Key trends
5.2 Hardware
5.3 Software
5.4 Services
Chapter 6 Market Estimates & Forecast, By Machine Type, 2018 - 2032 (USD Million)
6.1 Key trends
6.2 Machine center
6.3 Turning center
Chapter 7 Market Estimates & Forecast, By Axis, 2018 - 2032 (USD Million)
7.1 Key trends
7.2 Two-axis
7.3 Three-axis
7.4 Four-axis
7.5 Five-axis
7.6 Multi-axis
Chapter 8 Market Estimates & Forecast, By End-User, 2018 - 2032 (USD Million)
8.1 Key trends
8.2 Aerospace
8.3 Automotive
8.4 Metals & mining
8.5 Semiconductor & electronics
8.6 Medical devices
8.7 Others
Chapter 9 Market Estimates & Forecast, By Sales Channel, 2018 - 2032 (USD Million)
9.1 Key trends
9.2 Online
9.3 Offline
Chapter 10 Market Estimates & Forecast, By Region, 2018 - 2032 (USD Million)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 ANZ
10.4.6 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Rest of Latin America
10.6 MEA
10.6.1 UAE
10.6.2 South Africa
10.6.3 Saudi Arabia
10.6.4 Rest of MEA
Chapter 11 Company Profiles
11.1 Bosch Rexroth AG
11.2 DMG MORI
11.3 Fagor Automation Corporation
11.4 Fanuc Corporation
11.5 Haas Automation, Inc.
11.6 Heidenhain Corporation
11.7 Hyundai Wia Corp.
11.8 Mitsubishi Electric Corporation
11.9 Okuma Corporation
11.10 Siemens AG
11.11 Xometry
11.12 Yug Machine Tools

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