CNC Controller Market to reach USD 10.5 billion by 2032, Says Global Market Insights inc.
CNC Controller Industry size is expected to register 5.5% CAGR between 2024 and 2032 propelled by advancements in cnc software which enhance machine capabilities.
Selbyville, Delaware, Oct. 30, 2024 (GLOBE NEWSWIRE) — CNC Controller Market was valued at USD 6.5 billion in 2023 and is projected to be worth USD 10.5 billion by the end of 2032, as per a
North America CNC controller market is expected to expand at modest rate over 2024-2032. This is attributed to the strong presence of industries, such as aerospace, automotive, and electronics, which heavily rely on CNC technology for precision machining and manufacturing of complex components. These industries prioritize efficiency, productivity, and innovation, further pushing the demand for advanced features like multi-axis control, high-speed machining capabilities, and seamless integration with CAD/CAM (computer-aided manufacturing) systems) across the region.
CNC Controller Market Players
Companies including Bosch Rexroth AG, DMG MORI, Fanuc Corporation, Haas Automation, Inc., Heidenhain Corporation, Mitsubishi Electric Corporation, Siemens AG are some firms working in CNC controller industry.
The CNC controller market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:
Market, By Component
- Hardware
- Software
- Services
Market, By Machine Type
- Machine Center
- Turning Center
Market, By Axis
- Two-axis
- Three-axis
- Four-axis
- Five-axis
- Multi-axis
Market, By End-user
- Aerospace
- Automotive
- Metals & Mining
- Semiconductor & Electronics
- Medical Devices
- Others
Market, By Sales Channel
- Online
- Offline
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected]
