Global CNC Controller Market Size, Industry Trends Forecast, Opportunities 2026

 

The global CNC controller market size is projected to reach USD 3.4 billion by 2026, growing at a compound annual growth rate (CAGR) of 3.6% during the forecast period.

The growth of the CNC controller industry is majorly driven by rising adoption of industrial automation in manufacturing industries and increasing demand for mass production across automotive industry.

5-axis segment expected to grow at highest CAGR during the forecast period

The CNC controller market for the 5-axis segment is projected to grow at the highest CAGR during the forecast period. 5-axis CNC machines are specifically designed for the manufacture of complex machine parts in critical industries such as aerospace and automotive. 5-axis CNC machines are expensive; however, they offer benefits such as reduced machine setup time, enhanced accuracy, and better surface finishing. These factors are expected to lead to the adoption of 5-axis CNC machines during the forecast period.

CNC controller market in APAC contributed the largest share in 2020.

APAC accounted for the largest share of the market in 2020. Growth of the market is majorly driven by the growing manufacturing sector in the region. Continuous advancements and technological innovations in various industries; economic development in major economies such as China, Japan, and India; increasing infrastructural developments in Southeast Asian countries such as Singapore, Thailand, and Malaysia, among others; and rising foreign investments in this region is expected to fuel market growth.

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Top CNC Controller Companies -  Key Market Players

The CNC controller players have implemented various types of organic as well as inorganic growth strategies, such as product launches, product developments, and expansions to strengthen their offerings in the market. The major players are FANUC(Japan), Siemens(Germany), Mitsubishi Electric(Japan), DMG MORI(Germany), and Haas Automation(US).

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