CNC Controller Market

CNC Controller Market was valued at USD 2,791 Million in 2022 and is expected to touch USD 3,791 Million in 2030 and is predicted to grow at a 3.9% CAGR during the forecast period.

CNC Controller Market Overview

CNC (Computer numerical control) controllers are the devices that assist in converting the design created through CAD (computer-aided design) or any other software into numerical data. These controllers have a wide range of applications that are used efficiently in creating and producing various products or parts required in different industries. CNC controllers are the heart of CNC machines that exhibit the smooth production process from the data generated in the form of numbers by the machine.

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Major CNC Controller Market Drivers

The factors driving the global CNC controller market include the rising trend towards adopting industry 4.0, cloud computing, Internet of Things (IoT) for effective manufacturing processes in several industries, including automotive, aerospace, consumer electronics, and others. Also, the demand for the CNC controller is increasing with the surge in industrial automation in the global manufacturing companies. For instance, Prysmian Group, one of the leading cable manufacturing companies for energy and telecom infrastructures, has over 105 production plants globally with extensive CNC controllers for manufacturing products. The company’s turnover reached USD 14.85 Billion in 2019.

The rising adoption of AI technology coupled with a surge in the launching of advanced software for enhancing the manufacturing process around the globe has propelled the CNC controller market growth. For instance, according to the World Manufacturing Organization Report in 2018, AI technology has gained potential market share in the manufacturing sector, with annual spending on AI-based hardware such as CNC controller, software, and services reached USD 2.9 Billion in 2018 and are projected to reach USD 13.2 Billion by 2025. Thus, rising AI evolutions with growing manufacturing industries have propelled the CNC controller’s market growth.

Restraint in the CNC Controller Market

However, the high capital investment requires purchasing CNC machines that are the key restraining factor for the growth of the CNC controller market. As the new CNC machine with automated CNC controllers, the cost ranges from USD 25,800 to USD 500,000 depending upon the brand and type. These investments also include installation costs, operating costs, and shipping costs, which may hamper the global CNC controller market growth.

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Machine Type – Segment Analysis

Based on the machine type, the CNC machining center is expected to grow at the fastest rate in the global CNC controller market during the forecast period owing to its demand for automotive component manufacturing with the surge in global vehicle production. For instance, according to the Invest India Organization Report, the annual production of vehicles in India reached 30.91 Million in 2019, registering a healthy growth of 6.26% compared to 2018.

Product – Segment Analysis

Based on the product, motion control chip-based projected to capture the largest market share over the forecast period in the global CNC controller market due to its easily operable and compatibility for new workers and rising demand in the developing region due to growing manufacturing industry.

Component – Segment Analysis

Based on the component, hardware holds the highest market share in 2020 in the global CNC controller market owing to the high usage of power supply units in the global semiconductor and electronics manufacturing facilities with the surge in the sale of consumer electronics around the globe. For instance, according to the Electronics Components Industry Association Report in 2019, world trade in manufactured goods of electronics components increased to USD 12.2 Trillion. Thus, it created potential growth of the power supply unit hardware requires in the electronic manufacturing industry across the globe.

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Regional – Segment Analysis:

The Asia-Pacific region dominated the global CNC controller in 2020. This is primarily attributed to the presence of manufacturing industries, growing foreign direct investment in Asian countries due to low-cost labor. For instance, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) Report in 2019, inflows in the developing countries in the Asia Pacific region reached USD 490 Billion in 2019. Hence, demand for the CNC controller market in this region due to growing manufacturing facilities related to several industries such as automotive, electronics, electrical, and other industries.  

Top Market Players

Various notable players operating in the market includes Bosch Rexroth AG, Xometry, Haas Automation, Inc, Fanuc Corporation, Okuma Corporation, Hurco Companies, Inc, Hyundai Wia Corp., Huazhongcnc, Yug Machine Tools, Gsk cnc equipment co.,ltd, Fagor Automation, Batliboi, Dmg mori co., ltd and among others. 

Key Developments:

• • In 2021, Vention has launched Machine Motion V2 (MMV2) controller with code-free programming, plug & play actuators, and automating factory floor equipment. MMV2 allows users to simulate and program online for wire equipment in minutes and help to start automated production.
  • In 2020, Siemens launched three new technology packages for its CNC Sinumerik One system. The Sinumerik One is a digital CNC system that helps operators to control a virtual CNC machine.

Segments covered in the Report:

The global CNC controller market has been segmented on the basis of machine type, product, component, application, end-user industry and key regions. Based on machine type, the market is segmented into CNC turning centre, and CNC machining centre. Based on product, the market is segmented into DSP-based, motion control chip-based, microcontroller-based and others. Based on component, the market is segmented into hardware, software and services. Based on application the market is segmented into closed-loop control CNC Machine Tool, open-loop control CNC machine tool and semi-open loop control CNC machine tool. Based on the end-user industry, the global End-User Industry, the market is divided into medical devices, aerospace and defence, metal manufacturing, automotive and semiconductors & electronics. 

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Market Segmentation

Global CNC Controller Market by Machine Type

• • CNC Turning Centre
  • CNC Machining Centre

Global CNC Controller Market by Product

• • DSP-Based
  • Motion Control Chip-Based
  • Microcontroller-Based
  • Others

Global CNC Controller Market by Component

• • Hardware
  • Software
  • Services

Global CNC Controller Market by Application

• • Closed-Loop Control CNC Machine Tool
  • Open-Loop Control CNC Machine Tool
  • Semi-open Loop Control CNC Machine Tool

Global CNC Controller Market by End-User Industry

• • Medical Devices
  • Aerospace and Defence
  • Metal Manufacturing
  • Automotive
  • Semiconductors & Electronics

Global CNC Controller Market by Region

• • North America CNC Controller Market (Option 1: As a part of the free 25% customization)

    • By Machine Type
    • By Product
    • By Component
    • By Application
    • By End-User Industry
    • US Market All-Up
    • Canada Market All-Up

  • Europe CNC Controller Market (Option 2: As a part of the free 25% customization)

    • By Machine Type
    • By Product
    • By Component
    • By Application
    • By End-User Industry
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific CNC Controller Market (Option 3: As a part of the free 25% customization)

    • By Machine Type
    • By Product
    • By Component
    • By Application
    • By End-User Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW CNC Controller Market (Option 4: As a part of the free 25% customization)

    • By Machine Type
    • By Product
    • By Component
    • By Application
    • By End-User Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the CNC Controller (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Bosch Rexroth AG
  • Xometry
  • Haas Automation, Inc
  • Fanuc Corporation
  • Okuma Corporation
  • Hurco Companies, Inc
  • Hyundai wia corp.
  • Huazhongcnc
  • Yug Machine Tools
  • Gsk cnc equipment co.,ltd
  • Fagor Automation
  • Batliboi
  • Dmg mori co., ltd.