CNC Controller Market

FANUC(Japan), Siemens(Germany) and Mitsubishi Electric(Japan) are Leading Players in the CNC Controller Market

The CNC controller is the brain of the complete CNC system. It is a computer-based system used to govern the operations of industrial machines. The CNC controller market is likely to witness significant growth in the coming future; a key driving factor is rising demand for automation solutions in manufacturing industries. The global CNC controller market size is projected to grow from USD 2.8 billion in 2021 to USD 3.4 billion by 2026 at CAGR of 3.6% during the forecast period.

FANUC(Japan), Siemens(Germany), Mitsubishi Electric(Japan), DMG MORI(Germany),Haas Automation(US), and Hurco Companies(US) among others, are some of the key players offering CNC controllers.

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FANUC

FANUC develops, manufactures, sells, and maintains CNC systems, lasers, robot systems, robomachines, and nanorobots. It operates through the following business divisions: Factory Automation (FA) Business, ROBOT Business, ROBOMACHINE Business, and Service. It carries out sales and support services through an integrated network of central technical centers and branch offices, and overseas group companies worldwide. The company’s FA business offers several CNC machines, CNC controllers, HMI, and relevant software.

Siemens

Siemens’ Digital Industries segment offers CNC control products. The company offers hardware and software solutions related to CNC. The company’s CNC technology is designed to meet the specific needs of machine tool applications. Siemens offers high-productivity CNC solutions for job shop, job order manufacturing, and mass production.

Mitsubishi Electric

Mitsubishi offers CNC products under its Industrial Automation Systems business segment. It is the largest revenue-generating segment of the company. This segment deals with the process automation and instrumentation market. It delivers solutions such as PLC, HMI, CNCs, and industrial robots, which are used in both process and industrial automation to enhance the pace and efficiency of the production process.

Related Reports:

CNC Controller Market with COVID-19 Impact by Offering (Hardware and Software & Services), Machine Type, Axis Type (2-Axis, 3-Axis, 4-Axis, 5-Axis, and Multi-axis), Sales Channel, Industry, and Region - Global Forecast to 2026

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Report Code
SE 5384
RI Published ON
4/19/2021
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