CNC Controller Market by Hardware (CNC Machine and CNC Controller), Machine Type (CNC Machining Center and CNC Turning Center), Axis Type (2-Axis, 3-Axis, 4-Axis, 5-Axis, and Multiaxis), Industry, and Geography - Global Forecast to 2023

Increase in the adoption of industrial automation in the manufacturing sector, ability to reduce operating cost, and rising demand for mass production across end-user industries are the key factors driving the growth of the CNC market. The CNC controller market was valued at USD 2.86 Billion in 2016 and is expected to grow at a CAGR of 3.8% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of hardware (machine and controller), machine type, axis type, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also provides a detailed overview of the value chain of the market.

The research methodology used to estimate and forecast the market begins with capturing data on the revenue of key vendors through secondary research. Vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the market from the revenues of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the below figure.

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The CNC market ecosystem comprises raw material suppliers, component manufacturers, system integrators, and distributors. FANUC Corporation (Japan), Mitsubishi Electric Corporation (Japan), and Siemens AG (Germany) are the leading players in the CNC controller market. Furthermore, key players in the CNC machine market are Bosch Rexroth AG (Germany), DMG MORI CO., LTD. (Japan), Fagor Automation (US), Haas Automation, Inc. (US), Hurco Companies, Inc. (US), Okuma Corporation (Japan), Wuhan Huazhong Numerical Control Co., Ltd. (China), and Yamazaki Mazak Corporation (Japan).

Key Target Audience

• Associations and industrial bodies
• Component suppliers and distributors
• End users of CNC machines and controllers across industries
• Government bodies such as regulatory authorities and policymakers
• Industrial automation equipment providers
• Market research and consulting firms
• Original equipment manufacturers (OEMs)
• Semiconductor product designers and fabricators

“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”

Scope of the Report

This research report categorizes the CNC market on the basis of hardware, machine type, axis type, industry, and geography.

CNC Market, by Hardware

• CNC Machine
• CNC Controller

CNC Controller Market, by Machine Type

• CNC Machining Center
• CNC Turning Center

CNC Controller Market, by Axis Type

• 2-Axis
• 3-Axis
• 4-Axis
• 5-Axis
• Multiaxis

CNC Market, by Geography

• North America
• Europe
• Asia Pacific (APAC)
• Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Value Chain Analysis: Industrial Automation Industry
    2.3 Secondary and Primary Research
           2.3.1 Secondary Data
                    2.3.1.1 Key Data From Secondary Sources
           2.3.2 Primary Data
                    2.3.2.1 Primary Interviews With Experts
                    2.3.2.2 Key Industry Insights
                    2.3.2.3 Breakdown of Primaries
                    2.3.2.4 Key Data From Primary Sources
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
                    2.4.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
           2.4.2 Top-Down Approach
                    2.4.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
    2.5 Market Breakdown and Data Triangulation
    2.6 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 CNC Controller Market, 2017–2023 (USD Billion)
    4.2 Market, By Machine Type (2017–2023)
    4.3 Market, By Axis Type (2017 & 2023)
    4.4 Market, By Industry and Geography (2017)
    4.5 Market, By Geography (2017)

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Adoption of Industrial Automation in Manufacturing Sector
                    5.2.1.2 Ability to Reduce Operating Cost and Enhance Production Efficiency
                    5.2.1.3 Increasing Demand for Mass Production Across End-User Industries
           5.2.2 Restraints
                    5.2.2.1 High Investment Cost Required for Implementation of CNC Machines
           5.2.3 Opportunities
                    5.2.3.1 Integration of 3d Printing Technology With CNC Machines
           5.2.4 Challenges
                    5.2.4.1 Lack of Skilled Workforce

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Latest Trends in CNC Machines

7 Installation Types of CNC Machines (Page No. - 48)
    7.1 Introduction
    7.2 New CNC Machine
           7.2.1 Standard CNC Machines
           7.2.2 Custom-Built CNC Machines
    7.3 Retrofitted CNC Machine
    7.4 Used CNC Machine

8 Types of Software and Services (Page No. - 50)
    8.1 Introduction
    8.2 Software
           8.2.1 Integrated CAD/CAM Software Enhances Manufacturing Efficiency and Accuracy
           8.2.2 CAD
           8.2.3 CAM
    8.3 Services
           8.3.1 Installation and Commissioning
           8.3.2 Retrofitting and Reconditioning
           8.3.3 Breakdown
           8.3.4 Calibration

9 Market Analysis, By Hardware (Page No. - 53)
    9.1 Introduction
    9.2 CNC Machines
           9.2.1 Working of CNC Machines
           9.2.2 Advantages of CNC Machines
                    9.2.2.1 High Accuracy
                    9.2.2.2 Cost Saving
                    9.2.2.3 Increased Speed
                    9.2.2.4 Increased Safety
    9.3 CNC Products
           9.3.1 Input Devices
           9.3.2 Machine Control Unit Or Controller
           9.3.3 Driving System
           9.3.4 Feedback Devices

10 Market Analysis, By Machine Type (Page No. - 61)
     10.1 Introduction
     10.2 CNC Machining Center
             10.2.1 Advantages of CNC Machining
     10.3 CNC Turning Center
             10.3.1 Advantages of CNC Turning

11 Market Analysis, By Axis Type (Page No. - 66)
     11.1 Introduction
     11.2 2-Axis CNC Machine
     11.3 3-Axis CNC Machine
     11.4 4-Axis CNC Machine
     11.5 5-Axis CNC Machine
     11.6 Multiaxis CNC Machine

12 Market, By Industry (Page No. - 70)
     12.1 Introduction
     12.2 Aerospace and Defense
             12.2.1 High Raw Material Cost and Complexity Involved in Manufacturing Critical Components
     12.3 Automotive
             12.3.1 Increasing Demand for Mass Production in Automotive Industry
     12.4 Metal Manufacturing
             12.4.1 Growing Demand for Fabricated Metal Products
     12.5 Medical Devices
     12.6 Semiconductor and Electronics

13 Geographic Analysis (Page No. - 79)
     13.1 Introduction
     13.2 North America
             13.2.1 Us
                        13.2.1.1 Increasing Number of Product Launches By Key Market Players Supports Growth of CNC Market in Us
             13.2.2 Canada
                        13.2.2.1 Increasing Government Support for Adoption of Advanced Manufacturing Technologies Likely to Boost Market Growth
             13.2.3 Mexico
     13.3 Europe
             13.3.1 Germany
                        13.3.1.1 Increasing Partnerships By Key Market Players for Technology Development and Geographic Expansion
             13.3.2 Italy
             13.3.3 Switzerland
             13.3.4 Spain
             13.3.5 Austria
             13.3.6 Rest of Europe
                        13.3.6.1 Increasing Number of Product Launches and Government Support to Encourage CNC Controller Growth
     13.4 APAC
             13.4.1 China
                        13.4.1.1 Government Initiatives for the Development of Manufacturing Sector in the Country
             13.4.2 Japan
                        13.4.2.1 Ongoing Developments in the Field of Manufacturing in the Country
             13.4.3 South Korea
                        13.4.3.1 Strong Government Support and Rising Investments for Development of Manufacturing Sector
             13.4.4 Taiwan
                        13.4.4.1 Expansion of Key Market Players in the Country
             13.4.5 India
                        13.4.5.1 Key Market Players Focused on Starting Their CNC Training Centers and Technical Institutes in the Country
             13.4.6 Rest of APAC
     13.5 RoW
             13.5.1 South America
             13.5.2 Middle East
             13.5.3 Africa

14 Competitive Landscape (Page No. - 101)
     14.1 Overview
     14.2 Market Ranking Analysis: CNC Controller, 2016
     14.3 CNC Controller Market: Competitive Leadership Mapping, 2017
             14.3.1 Introduction
             14.3.2 Visionary Leaders
             14.3.3 Dynamic Differentiators
             14.3.4 Innovators
             14.3.5 Emerging Companies
     14.4 Competitive Benchmarking
             14.4.1 Strength of Product Portfolio
             14.4.2 Business Strategy Excellence
*Top 25 Companies Analyzed for This Study are – Batliboi Ltd. (India), Bosch Rexroth AG (Germany), DMG Mori Co., Ltd. (Japan), Fagor Automation (US), Fanuc Corporation (Japan), Gf Machining Solutions Management Sa (Switzerland), Gsk CNC Equipment Co., Ltd. (China), Haas Automation, Inc. (US), Hardinge Inc. (US), Heidenhain Corporation (US), Heller GmbH (Germany), Hurco Companies, Inc. (US), Hyundai Wia (South Korea), Index Traub (US), Jyoti CNC Automation Ltd. (India), Machine Tool Technologies Ltd (UK), Mitsubishi Electric Corporation (Japan), Okuma Corporation (Japan), Samsung Machine Tools (US), Siemens AG (Germany), Simplex (Egypt), Wuhan Huazhong Numerical Control Co. Ltd. (China), Xometry (US), Yamazaki Mazak Corporation (Japan), Yug Machine Tools (India)
     14.5 Competitive Situations and Trends

15 Company Profiles (Page No. - 109)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     15.1 Introduction
     15.2 Fanuc Corporation
     15.3 Siemens AG
     15.4 Mitsubishi Electric Corporation
     15.5 DMG Mori Co., Ltd.
     15.6 Hurco Companies, Inc.
     15.7 Okuma Corporation
     15.8 Wuhan Huazhong Numerical Control Co. Ltd.
     15.9 Bosch Rexroth AG
     15.10 Fagor Automation
     15.11 Haas Automation, Inc.
     15.12 Yamazaki Mazak Corporation
     15.13 Key Innovators

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 144)
     16.1 Insights of Industry Experts
     16.2 Discussion Guide
     16.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.4 Introducing RT: Real-Time Market Intelligence
     16.5 Available Customizations
     16.6 Related Reports
     16.7 Author Details

List of Tables (32 Tables)

Table 1 Major Secondary Sources
Table 2 CNC Controller Market, By Hardware, 2014–2023 (USD Billion)
Table 3 CNC Machine Market, By Region, 2014–2023 (USD Billion)
Table 4 CNC Machine Market in North America, By Country, 2014–2023 (USD Million)
Table 5 CNC Machine Market in Europe, By Country, 2014–2023 (USD Million)
Table 6 CNC Machine Market in APAC, By Country, 2014–2023 (USD Billion)
Table 7 CNC Machine Market in RoW, By Region, 2014–2023 (USD Million)
Table 8 CNC Controller Market in Terms of Value and Volume, 2014–2023
Table 9 CNC Controller Market Market, By Machine Type, 2014–2023 (USD Billion)
Table 10 CNC Controller Market Market for CNC Machining Center, By Region, 2014–2023 (USD Million)
Table 11 CNC Controller Market Market for CNC Turning Center, By Region, 2014–2023 (USD Million)
Table 12 CNC Controller Market, By Axis Type, 2014–2023 (USD Million)
Table 13 CNC Controller Market Market, By Industry, 2014–2023 (USD Million)
Table 14 CNC Controller Market Market for Aerospace and Defense, By Region, 2014–2023 (USD Million)
Table 15 CNC Controller Market Market for Automotive, By Region, 2014–2023 (USD Million)
Table 16 CNC Controller Market for Metal Manufacturing, By Region, 2014–2023 (USD Million)
Table 17 CNC Controller Market Market for Medical Devices, By Region, 2014–2023 (USD Million)
Table 18 CNC Controller Market Market for Semiconductor and Electronics, By Region, 2014–2023 (USD Million)
Table 19 CNC Controller Market Market, By Region, 2014–2023 (USD Million)
Table 20 CNC Controller Market in North America, By Country, 2014–2023 (USD Million)
Table 21 CNC Controller Market Market in North America, By Industry, 2014–2023 (USD Million)
Table 22 CNC Controller Market Market in North America, By Machine Type, 2014–2023 (USD Million)
Table 23 CNC Controller Market Market in Europe, By Country, 2014–2023 (USD Million)
Table 24 CNC Controller Market in Europe, By Industry, 2014–2023 (USD Million)
Table 25 CNC Controller Market Market in Europe, By Machine Type, 2014–2023 (USD Million)
Table 26 CNC Controller Market in APAC, By Country, 2014–2023 (USD Million)
Table 27 CNC Controller Market Market in APAC, By Industry, 2014–2023 (USD Million)
Table 28 CNC Controller Market Market in APAC, By Machine Type, 2014–2023 (USD Million)
Table 29 CNC Controller Market in RoW, By Region, 2014–2023 (USD Million)
Table 30 CNC Controller Market Market in RoW, By Industry, 2014–2023 (USD Million)
Table 31 CNC Controller Market Market in RoW, By Machine Type, 2014–2023 (USD Million)
Table 32 Market Ranking of Leading Manufacturers of CNC Controller, 2016

List of Figures (57 Figures)

Figure 1 CNC Controller Market Segmentation
Figure 2 CNC Controller: Research Design
Figure 3 Value Chain: Industrial Automation
Figure 4 Bottom-Up Approach to Arrive at the Market Size
Figure 5 Top-Down Approach to Arrive at the Market Size
Figure 6 Data Triangulation
Figure 7 CNC Controller Market, 2014–2023 (USD Billion)
Figure 8 CNC Controller Market for CNC Machining Center Expected to Witness Higher Growth During Forecast Period
Figure 9 CNC Controller Market Market for 5-Axis CNC Machine Expected to Grow at Highest CAGR During Forecast Period
Figure 10 CNC Controller Market Market for Aerospace and Defense Industry Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 11 APAC Expected to Hold Largest Market Share During Forecast Period
Figure 12 Increasing Adoption of Industrial Automation in Manufacturing Sector Expected to Drive Growth of  Market
Figure 13 Market for CNC Machining Center Expected to Grow at Higher CAGR Between 2017 and 2023
Figure 14 3-Axis CNC Machine Expected to Dominate CNC Controller Market Between 2017 and 2023
Figure 15 Automotive Industry Expected to Hold Largest Share of Market in 2017
Figure 16 China Expected to Hold Largest Size of CNC Controller Market in 2017
Figure 17 CNC Controller: Market Dynamics
Figure 18 Overall Industrial Control and Factory Automation Market, 2013–2022
Figure 19 Value Chain Analysis: Maximum Value Added During Manufacturing and Assembly Stage
Figure 20 CNC Controller, By Installation Type
Figure 21 Software and Services Offered
Figure 22 CNC Controller, By Hardware
Figure 23 CNC Machine Market, 2014–2023 (USD Billion)
Figure 24 US Expected to Dominate CNC Machine Market During Forecast Period
Figure 25 CNC Machine Market in India Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 26 CNC Controller Market, By Machine Type
Figure 27 CNC Controller Market Market for CNC Machining Center in APAC Expected to Remain Dominant Throughout Forecast Period
Figure 28 CNC Controller Market for CNC Turning Center in Europe Expected to Grow at Highest CAGR During Forecast Period
Figure 29 CNC Controller Market, By Axis Type
Figure 30 CNC Controller Market Market for 5-Axis CNC Machine Expected to Grow at Highest CAGR During Forecast Period
Figure 31 CNC Controller Market, By Industry
Figure 32 CNC Controller Market in Europe Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 33 APAC Expected to Dominate Market During Forecast Period
Figure 34 CNC Controller Market in Europe Expected to Grow at Highest CAGR During Forecast Period
Figure 35 Geographic Snapshot: Global CNC Controller Market
Figure 36 North America: Market Snapshot
Figure 37 US Expected to Hold Largest Share of Market in North America in 2017
Figure 38 Market for Aerospace and Defense Industry in North America Expected to Remain Dominant Throughout Forecast Period
Figure 39 CNC Controller Market in Germany Anticipated to Grow at Highest CAGR Between 2017 and 2023
Figure 40 CNC Controller Market Market for Aerospace and Defense Industry in Europe Anticipated to Grow at Highest CAGR Between 2017 and 2023
Figure 41 APAC: Market Snapshot
Figure 42 CNC Controller Market in India Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 43 CNC Controller Market Market for Automotive Industry in APAC Expected to Remain Dominant Throughout Forecast Period
Figure 44 CNC Controller Market in South America Expected to Grow at Highest CAGR During Forecast Period
Figure 45 Market for Metal Manufacturing Industry in RoW Expected to Remain Dominant Throughout Forecast Period
Figure 46 Product Launches and Developments—Key Growth Strategies Adopted By CNC Machine Market Players Between 2015 and 2017
Figure 47 Competitive Leadership Mapping, 2017
Figure 48 Market Evolution Framework: Agreements, Partnerships, Contracts, and Collaborations Fueled Growth of CNC Controller (2014–2017)
Figure 49 Battle for Market Share: Agreements, Contracts, Collaborations, and Partnerships Were Key Strategies Adopted By Players
Figure 50 Fanuc Corporation: Company Snapshot
Figure 51 Siemens AG: Company Snapshot
Figure 52 Mitsubishi Electric Corporation: Company Snapshot
Figure 53 DMG Mori Co., Ltd.: Company Snapshot
Figure 54 Hurco Companies, Inc.: Company Snapshot
Figure 55 Okuma Corporation: Company Snapshot
Figure 56 Wuhan Huazhong Numerical Control Co. Ltd.: Company Snapshot
Figure 57 Bosch Rexroth AG: Company Snapshot

The CNC controller market is projected to be valued at USD 3.70 Billion by 2023, growing at a CAGR of 3.8% between 2017 and 2023. The growth of this market is propelled by the increase in adoption of industrial automation in the manufacturing sector and rising demand for mass production across end-user industries.

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.

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.

The automotive industry is projected to account for the largest share of the overall controller market during the forecast period. CNC controllers play a key role in the development and production of quality automobile components. Innovations in the assembly line methods are welcomed by vehicle manufacturers to enhance quality and increase factory productivity. Furthermore, increasing need for safety and reliability in the aerospace and defense industry has encouraged manufacturers to adopt advanced CNC controllers in machines that are capable of multiaxis movement. This is expected to drive the growth of the market for CNC controllers in the aerospace and defense industry during the forecast period.

APAC held the largest share of the overall CNC controller market, and the market growth is attributed to the growing manufacturing sector in the region. Furthermore, continuous advancements and technological innovations in various industries; economic development in China, Japan, and India; growing infrastructural developments in other countries in Southeast Asia; and increasing foreign investments in this region drive the market growth. Additionally, the large-scale industrialization and urbanization are fueling the growth of the market in APAC. However, the market in Europe is expected to grow at the highest CAGR during the forecast period owing to continuous technological advancements in the manufacturing sector of the country. Europe has always been an important market for advanced technologies. It presents vast opportunities for the CNC controller market as this region has shown a promising response in terms of adoption of advanced manufacturing technologies such as CNC machines and CNC controllers.

Requirement of high investment cost for the implementation of CNC machines is a major factor restraining the growth of the CNC market. Key market players, including Bosch Rexroth AG (Germany), DMG MORI CO., LTD. (Japan), Fagor Automation (US), FANUC Corporation (Japan), Haas Automation, Inc. (US), Hurco Companies, Inc. (US), Mitsubishi Electric Corporation (Japan), Okuma Corporation (Japan), Siemens AG (Germany), Wuhan Huazhong Numerical Control Co., Ltd. (China), and Yamazaki Mazak Corporation (Japan), focus on strategies such as product launches, expansions, acquisitions, contracts, agreements, and partnerships to enhance their geographic presence and expand their businesses.

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