Press release
THE GLOBAL CNC CONTROLLER MARKET WAS VALUED AT USD 2.45 BILLION IN 2016 AND IS PROJECTED TO REACH USD 3.41 BILLION BY 2025, GROWING AT A CAGR OF 3.74% FROM 2017 TO 2025 TOP KEY PLAYERS ARE FANUC CORPORATION , SIEMENS AG , MITSUBISHI ELECTRIC CORPORATION ,
The global CNC Controller Market was valued at USD 2.45 billion in 2016 and is projected to reach USD 3.41 billion by 2025, growing at a CAGR of 3.74% from 2017 to 2025. CNC is the automation of machine tools by means of computers executing pre-programmed sequences of machine control commands. This is in contrast to machines that are manually controlled by hand wheels or levers, or mechanically automated by cams alone.Request For Free Sample- https://www.kennethresearch.com/sample-request-10059726
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing Adoption of Industrial Automation in Manufacturing Sector
1.2 Ability to Reduce Operating Cost and Enhance Production Efficiency
1.3 Growing consumer preference for Mass Production
2. Market Restraints
2.1 High Investment Cost
Market Segmentation:
1. Global CNC Controller Market, by Machine Type:
1.1 CNC Machining Center
1.2 CNC Turning Center
2. Global CNC Controller Market, by Hardware:
2.1 CNC Machines
2.1.1 Working of CNC Machines
2.1.2 Advantages of CNC Machines
2.1.2.1 High Accuracy
2.1.2.2 Cost Saving
2.1.2.3 Increased Speed
2.1.2.4 Increased Safety
2.2 CNC Products
2.2.1 Input Devices
2.2.2 Machine Control Unit Or Controller
2.2.3 Driving System
2.2.4 Feedback Devices
3. Global CNC Controller Market, by Industry:
3.1 Aerospace and Defense
3.2 Automotive
3.3 Medical Devices
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3.4 Semiconductor and Electronics
3.5 Metal Manufacturing
4. Global CNC Controller Market, by Axis Type:
4.1 2-Axis CNC Machine
4.2 3-Axis CNC Machine
4.3 4-Axis CNC Machine
4.4 5-Axis CNC Machine
4.5 Multiaxis CNC Machine
5. Global CNC Controller Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Fanuc Corporation
2. Siemens AG
3. Mitsubishi Electric Corporation
4. DMG Mori Co., Ltd.
5. Hurco Companies, Inc.
6. Okuma Corporation
7. Wuhan Huazhong Numerical Control Co. Ltd.
8. Bosch Rexroth AG
9. Fagor Automation
10. Haas Automation, Inc.
11. Yamazaki Mazak Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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