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CNC Controller Market Share

Report ID: GMI8990
Published Date: Apr 2024
Report Format: PDF

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CNC Controller Market Share

Fanuc Corporation and Siemens AG held a significant share of over 20% in the CNC controller industry in 2023. Fanuc Corporation is a global leader in factory automation, specializing in CNC systems, industrial robots, and machine tools. It offers a comprehensive range of products & services, including CNC controllers, servo motors, industrial robots, for various applications, and integrated automation solutions. The company’s solutions enhance productivity, precision, and efficiency across diverse manufacturing industries worldwide.

Siemens AG is a multinational conglomerate headquartered in Germany. It offers a wide range of products & services, including CNC controllers for machine tools. Siemens CNC solutions provide advanced automation, precision, and efficiency for manufacturing processes. The company’s portfolio includes SINUMERIK series CNC systems, offering innovative features such as digitalization, connectivity, and optimization for various industrial applications.

CNC Controller Market Companies

Major players operating in the industry are:

Bosch Rexroth AG
DMG MORI
Fanuc Corporation
Haas Automation, Inc.
Heidenhain Corporation
Mitsubishi Electric Corporation
Siemens AG

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for CNC controller crossed USD 3 billion in 2023 and is expected to register over 4% CAGR from 2024-2032 owing to the increasing automation in manufacturing processes due to its ability to enhance efficiency, precision, and productivity worldwide.

CNC controller industry from the turning center segment and is expected to register over 4.5% CAGR from 2024-2032 due to its capability to perform various machining operations such as turning cylindrical surfaces, facing flat surfaces, drilling holes, and threading screws or bolts.

Asia Pacific industry held over 35% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to rapid industrialization and increasing manufacturing activities in the region.

Bosch Rexroth AG, DMG MORI, Fanuc Corporation, Haas Automation, Inc., Heidenhain Corporation, Mitsubishi Electric Corporation, and Siemens AG, are some of the major CNC controller companies worldwide.