Global CNC Controller Market

Dec 2018| VMR743A| Verified Market Research

Report Highlights

The global CNC Controller Market was valued at USD 2.45 billion in 2016 and is projected to reach USD 3.41 billion by 2025, growing at a CAGR of 3.74% from 2017 to 2025.

CNC is the automation of machine tools by means of computers executing pre-programmed sequences of machine control commands. This is in contrast to machines that are manually controlled by hand wheels or levers, or mechanically automated by cams alone.

Market Dynamics:
1. Market Drivers
1.1 Increasing Adoption of Industrial Automation in Manufacturing Sector
1.2 Ability to Reduce Operating Cost and Enhance Production Efficiency
1.3 Growing consumer preference for Mass Production

2. Market Restraints
2.1 High Investment Cost

Market Segmentation:
1. Global CNC Controller Market, by Machine Type:
1.1 CNC Machining Center
1.2 CNC Turning Center

2. Global CNC Controller Market, by Hardware:
2.1 CNC Machines
2.1.1 Working of CNC Machines
2.1.2 Advantages of CNC Machines
2.1.2.1 High Accuracy
2.1.2.2 Cost Saving
2.1.2.3 Increased Speed
2.1.2.4 Increased Safety
2.2 CNC Products
2.2.1 Input Devices
2.2.2 Machine Control Unit Or Controller
2.2.3 Driving System
2.2.4 Feedback Devices

3. Global CNC Controller Market, by Industry:
3.1 Aerospace and Defense
3.2 Automotive
3.3 Medical Devices
3.4 Semiconductor and Electronics
3.5 Metal Manufacturing

4. Global CNC Controller Market, by Axis Type:
4.1 2-Axis CNC Machine
4.2 3-Axis CNC Machine
4.3 4-Axis CNC Machine
4.4 5-Axis CNC Machine
4.5 Multiaxis CNC Machine

5. Global CNC Controller Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Fanuc Corporation
2. Siemens AG
3. Mitsubishi Electric Corporation
4. DMG Mori Co., Ltd.
5. Hurco Companies, Inc.
6. Okuma Corporation
7. Wuhan Huazhong Numerical Control Co. Ltd.
8. Bosch Rexroth AG
9. Fagor Automation
10. Haas Automation, Inc.
11. Yamazaki Mazak Corporation

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the CNC Controller Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report