Global CNC Controller Market Overview:
CNC Controller is the package of electronics and software, which takes input either from g-code or the CNC control panel and converts it to the signals. The controller with CNC control software and electronics are the most complex part of the CNC machine. The CNC machine controller manages all the important links between the computer system and the mechanical components. CNC controllers are computer numerically controlled devices that control CNC machines and manages processes. Some of the key players profiled in the study are Fanuc Corporation (Japan), Siemens Ag (Germany), Mitsubishi Electric Corporation (Japan), Dmg Mori (Japan), Hurco Companies (United States), Okuma Corporation (Japan), Wuhan Huazhong Numerical Control (China), Bosch Rexroth Ag (Germany), Fagor Automation (India) and Haas Automation (United States).
On the basis of geography, the market of CNC Controller has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by CNC Controller Electronics, the sub-segment i.e. Motor Drives will boost the CNC Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Consumer Adoption in Emerging Countries
- Increasing Industrial Automation in Manufacturing Sector
- Increasing Demand for Mass Production
- Technology Advancement
- Strong Opportunity in Asia Pacific Region Due To Increase Industrialization in China and Japan
Major Market Developments:
In Oct 2018, BigRep and Bosch Rexroth announced a partnership to combine 3D printing with CNC Control Systems. Through these supplies drive and control technologies
The global CNC Controller market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to increase their market share. Key vendors operating in the global market are also acquiring start-ups.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, CNC Controller Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global CNC Controller market on the basis of product [Industrial OEM CNC Controllers, CNC Retrofit Controllers and PC Based CNC Controllers] , application [Lathe, Milling Machine, Router, Mill-Turn Multi Axis Machines, CNC Laser Cutter, Plasma Cutter, 3d Printer (Industrial, Sintered Metal) and Surface Grinder], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the CNC Controller market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the CNC Controller industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Masso (Australia), Carbide 3D (United States) and Sparks Concept (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the CNC Controller market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.