Computer numerical control is the automation of machine tools by means of computers executing pre-programmed sequences of machine control commands
3-axis CNC machines are projected to account for the largest share of the global controller market during the forecast period. The implementation of these machines in the manufacturing of parts improves speed and accuracy of the production process. However, the market for controllers in 5-axis CNC machines is expected to witness higher growth between 2017 and 2023. Controllers are used in 5-axis CNC machines for manufacturing complex machine parts in critical industries such as aerospace and defense. They enable the manufacturing of critical aircraft components more accurately.
CNC machining center is expected to hold the largest share of the overall controller market in 2017. They are used for a wide range of applications. Machining processes such as milling, drilling, tapping, and boring, which were traditionally done on conventional machine tools, can be done more efficiently with the help of CNC machining centers. Further, it help in continuous production work, owing to which they hold a major share of the overall controller market.
In 2019, the market size of CNC Controller is 5320 million US$ and it will reach 12300 million US$ in 2025, growing at a CAGR of 11.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for CNC Controller.
This report studies the global market size of CNC Controller, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the CNC Controller production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Fanuc Corporation
Siemens AG
Mitsubishi Electric Corporation
DMG Mori Co., Ltd.
Hurco Companies, Inc.
Okuma Corporation
Wuhan Huazhong Numerical Control Co. Ltd.
Bosch Rexroth AG
Fagor Automation
Haas Automation, Inc.
Yamazaki Mazak Corporation
Market Segment by Product Type
CNC Machine
CNC Controller
Market Segment by Application
Small & Medium businesses
Enterprises
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the CNC Controller status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key CNC Controller manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of CNC Controller are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on CNC Controller. Industry analysis & Market Report on CNC Controller is a syndicated market report, published as Global (United States, European Union and China) CNC Controller Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of CNC Controller market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.