CNC Controller Market

Global CNC Controller Market Size (2024 to 2029)

The global cnc controller market is predicted to reach USD 3.11 billion in 2024 and USD 3.71 billion by 2029, growing at a CAGR of 3.6% during the forecast period.

A computer numerical control (CNC) machine incorporates a microcomputer that goes about as the control unit for the machine. The CNC regulator is the mind of a CNC framework. In a CNC machine, the regulator sets up every one of the significant connections between the PC framework and the mechanical parts. CNC controllers are computer numerically controlled devices that control CNC machines and manage processes. They are fit for a wide scope of tasks, from straightforward highlight guide direct control toward profoundly complex calculations with different control tomahawks. CNC regulators are utilized to modernize numerous sorts of machine shop hardware. The primary undertaking of the regulator is to get molded signs from a PC and decipher these signs in mechanical movement through the yield of the engine.  All components work together to produce the desired motor movement. The CNC controller works with a series of motors and drive components to move and control the machine axes, performing the programmed movements.

The CNC machine follows a computerized control mechanism, in which various components of the machine, such as controllers, sensors, and programmable logic controller (PLC) commands, are connected through a network for communication and management. The increasing adoption of automated manufacturing, especially in the industrial and automotive sectors, is a key factor that is expected to drive the growth of the global CNC market.

MARKET DRIVERS

The emergence of Industry 4.0 and the presence of emerging technologies such as the Internet of Things (IoT), cloud computing and manufacturing technology in different verticals such as construction, manufacturing and automotive, among others, that need components and mechanical parts to carry out the work process. They are the main factors driving the market for CNC controllers. The increasing demand for automation to meet the growing demand for commercial-scale mass production and accurate, quality product as product consumption has increased over time is accelerating the growth of the controller market. The use of the controller as CNC machines is based on the instructions provided by Computer Aided Manufacturing (CAM) and Computer Aided Design (CAD) and the advantages that CNC machines provide such as reliability, power, speed and efficiency influence the CNC Controllers Market. In addition, the increased use of CNC, the expansion of the automotive industry and the use for the reduction of the cost of the manufacturing process and the minimization of waste through the precise manufacture of small parts and components.

MARKET RESTRAINTS

Then again, the significant expense related with execution and support is required to hamper the development of the CNC controller market. The adverse consequence of COVID-19 on the assembling business is relied upon to challenge the CNC controller market during the gauge time frame 2021-2028.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global CNC Controller Market Analysis by Industry Type

The growing demand for vehicles round the world, also because the production of quality parts, is predicted to extend the demand for CNC machines. Also, CNC machines guarantee greatness and accuracy in designing parts, which urges vehicle providers to utilize cutting edge innovation to make an assortment of automobile parts on schedule. Since these machines are constrained by electronic mathematical control, with negligible human mediation, mistakes on the creation line are fundamentally diminished, which ought to give a productive chance to this fragment.

REGIONAL ANALYSIS

Europe is forecast to be the fastest growing market in the CNC controller market with the highest CAGR due to the growth of the manufacturing industry, the increasing trend of industrial automation and the increasing demand from the automotive industry in Germany.

Asia-Pacific accounted for the most important market share in 2017 and is predicted to post a high CAGR over the forecast period. Some of the factors responsible for the market growth include increased investment in technology developments, strong demand from the automotive and defense sectors, a substantial presence from the electronics industry in China, and the adoption of automation in Japan.

KEY PLAYERS IN THE GLOBAL CNC CONTROLLER MARKET

The global CNC controller market is concentrated with well-established players. Key players in the market include 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)

RECENT HAPPENINGS IN THE MARKET

• Following the declaration of an association between DMG MORI and NIKON in May 2019 to incorporate non-contact laser examining into their machine apparatuses, DMG MORI posted a video on its Japanese site showing the completely machine-fabricated estimation framework coordinated right into it.
• Bosch Rexroth's Electric Drives and Controls innovation bunch dispatched another site to give clients, channel accomplices, framework integrators and OEMs with speedy and simple admittance to the most recent item data, item refreshes innovation, application support, free downloads and specialized documentation.
• Mitsubishi Electric Computerized Digital Controllers (CNCs) aim to be the best partner for customers seeking forward-thinking and global development.

DETAILED SEGMENTATION OF THE GLOBAL CNC CONTROLLER MARKET INCLUDED IN THIS REPORT

This research report on the global CNC controller market has been segmented and sub-segmented based on hardware, type, application, industry type, number of axes and region.

By Hardware

• CNC Machine
• CNC Controller

By Type

• Open loop
• Closed loop
• Semi-Closed Loop

By Application

• Lathe
• Milling Machine
• Router
• Mill-turn multi axis machines
• CNC Laser Cutter
• Plasma Cutter
• 3D Printer (industrial, sintered metal)
• Surface grinder
• Others

By Industry Type

• Aerospace
• Automobile
• Consumer products
• Defense
• Electrical and electronics
• Healthcare
• Industrial machinery​​​​​​​

By Number of Axes

• 2-Axis
• 3-Axis
• 4-Axis
• 5-Axis
• Multi axis

By Region​​​​​​​

• North America 
• Europe 
• The Asia Pacific 
• Latin America  -
• The Middle East and Africa