The global Computer Numeric Control (CNC) controller market size was USD 55.47 Billion in 2021 and is expected to register a revenue CAGR of 10.2% during the forecast period, according to the latest analysis by Emergen Research. Advancements in CNC Controller and launch of new advanced and innovative products are major factors driving market revenue growth between 2021 and 2030.
For example, At IMTS 2022, DN Solutions will introduce DVF 4000, the newest addition to DVF family of vertical 5-axis machining centers. These compact 5-axis CNC machines are designed to accommodate 5-axis applications. DVF 4000 is also the smallest product in DVF line and is ideally designed for businesses that manufacture parts for the medical sector and want to increase production and quality, without highly investing in CNC machine tools. In addition, full 5-axis simultaneous control is made available through a FANUC 31i-B5 Plus control, providing full contouring capabilities.
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To reduce table deflection, it has an integrated rotational table with a 400mm diameter, which minimizes interference while the item is being machined and maximizes work productivity. Furthermore, to increase production, an Auto Work Changer (AWC) and a six-port hydraulic fixture preparation function provide pallets to feed machine for unattended machining.
The Computer Numeric Control Controllerresearch report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on a detailed analysis of the technological and product developments undertaken by these companies.
Key players involved in the market such as Okuma Corporation, General Technology Group Dalian Machine Tool Corporation, Haas Automation, Inc., Siemens, Mitsubishi Electric Corporation, Fanuc Corporation, Amada Co., Ltd., Amera-Seiki Corp., DMG MORI, Yamazaki Mazak Corporation, and DN Solutions.
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Key Highlights From the Report
The 5-Axix segment is expected to register a rapid revenue CAGR due to increasing industrialization as well as automation. Creation of a wide variety of complex shapes for different applications is a component of 5-axis CNC machining. These cutting-edge machines are capable of producing and replicating complex parts repeatedly with a high level of accuracy. Level of precise cutting performance achieved by these precision CNC machines benefits clients in a variety of industries, which is driving revenue growth of this segment.
The transport machinery segment is expected to register a steady revenue CAGR owing to its high manufacturing rate. Significant customers of CNC machining services also include rail and heavy-duty transportation due to incredibly high production rates, cost savings, and stability.
The North America market accounted for largest revenue share in 2021 due to advancements in CNC controller technologies and rising demand from the aerospace industry. Increasing use of precision engineering in aerospace and automotive industries is also contributing to revenue growth of the market in this region.
Emergen Research has segmented the global CNC controller market based on offering, machine type, type, axis type, application, and region:
Offering Outlook (Revenue, USD Billion; 2019–2030)
Software & Services
Machine Type Outlook (Revenue, USD Billion; 2019–2030)
Type Outlook (Revenue, USD Billion; 2019–2030)
Axis Type Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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