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Global Market for CNC Controllers
Dublin, June 08, 2023 (GLOBE NEWSWIRE) -- The "CNC Controllers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global CNC Controllers Market to Reach $4.4 Billion by 2030In the changed post COVID-19 business landscape, the global market for CNC Controllers estimated at US$3 Billion in the year 2022, is projected to reach a revised size of US$4.4 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Software & Services, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 3.8% CAGR for the next 8-year period. The U.S. Market is Estimated at $407.8 Million, While China is Forecast to Grow at 5.8% CAGRThe CNC Controllers market in the U.S. is estimated at US$407.8 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of 'zero-Covid' policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Select Competitors (Total 82 Featured)-
AMS Micromedical LLC
Bosch Rexroth AG
DMG Mori Seiki Co. Ltd.
Dr. Johannes Heidenhain GmbH
Fagor Automation
FANUC Corporation
Haas Automation, Inc.
Hurco Companies Inc.
JTEKT Corporation
Mitsubishi Electric Corp.
Okuma Corporation
Siemens AG
Takisawa Machine Tool Co., Ltd.
Wuhan Huazhong Numerical Control Co., Ltd.
Yamazaki Mazak Corporation
YUG Machine Tools
Key Attributes:
Report Attribute
Details
No. of Pages
499
Forecast Period
2022 - 2030
Estimated Market Value (USD) in 2022
$3 Billion
Forecasted Market Value (USD) by 2030
$4.4 Billion
Compound Annual Growth Rate
4.9%
Regions Covered
Global
Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW
A Review on Market Dynamics of the Machine Tools Industry
CNC Controllers: Playing a Vital Role in Automation
Smart Machining Centers Become Pivotal to COVID-19-Led Shift Towards Smart Manufacturing
Impact of Pandemic on CNC Machine Tools Market
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
War, Inflation & High Cost of Living Crisis Supersede COVID-19 as Major Downside Risks for the Global Economy in 2022 & Beyond
Inflationary Pressures Impact Global Economy
Russia-Ukraine War Impact
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
Competition
CNC Controllers - Global Key Competitors Percentage Market Share in 2022 (E)
CNC Controllers Competitor Market Share Scenario Worldwide (in %): 2020E
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Recent Market Activity
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
As Digitalized CNC Machining Gains Momentum, Control Systems Feel the Pressure to Scale Up
Strong Focus Shed on Automation in Manufacturing Provides the Cornerstone for the Growth of CNC Controllers
Robust Outlook for Industrial Automation Brightens Prospects for CNC Controllers: Global Opportunity for Industrial Automation (In US$ Billion) for Years 2022, 2024 and 2026
CNC Machining Remains the Most Popular Subtractive Manufacturing Technology
A Review of Latest Developments in CNC Machinery Technology
Increasing Adoption of Industry 4.0 Boosts Prospects
IIoT-based CNC Machinery to Provide Manufacturers with Improved Operational Capabilities
Global Market for IIoT (In US$ Billion) for Years 2022, 2024, 2026 and 2028
Industry 4.0 Architecture for Smart Machine Controller
AI to Make an Impact on Machining Centers
Demand for Precision Components Spurs Investment Opportunities
Global Precision Parts Market for the Years 2022, 2024, 2026 & 2028 (In US$ Million)
Rapid Mushrooming of Job Shops in Developing Countries Poised to Benefit Demand
Reshoring Drives Growth Prospects in Developed Markets
Market Witnesses Notable Uptick in Demand for Five-Axis CNC Machines
Automotive Industry Emerges as a Major End-Use Sector
CNC Machining: Key Part Applications
Established Role of CNC Machining in Aerospace Industry Augurs Well
Machining Centers Evolve as Preferred Tools for Manufacturing Critical & Complex Components Aircraft Parts
Aerospace Industry: Staged Recovery over Long-Term to Boost Prospects
Global Aerospace Parts Manufacturing Market (In US$ Billion) for Years 2022, 2024 and 2026
CNC Controllers and Vulnerabilities in CNC Machines
4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/c69282
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Attachment
Global Market for CNC Controllers
ResearchAndMarkets.com's Global CNC Controllers Market to Reach $4.4 Billion by 2030 The U.S. Market is Estimated at $407.8 Million, While China is Forecast to Grow at 5.8% CAGR What`s New for 2023? Select Competitors (Total 82 Featured)- Key Attributes: Report Attribute Details Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION About ResearchAndMarkets.com Attachment