Computerized Numerical Control Market by Component, Machine Type, Application

Description

List of Tables

[182 Pages Report] The Computerized Numerical Control Market size was estimated at USD 65.78 billion in 2023 and expected to reach USD 73.33 billion in 2024, at a CAGR 12.93% to reach USD 154.09 billion by 2030.

Global Computerized Numerical Control Market

KEY MARKET STATISTICS
Base Year [2023]	USD 65.78 billion
Estimated Year [2024]	USD 73.33 billion
Forecast Year [2030]	USD 154.09 billion
CAGR (%)	12.93%

Computerized Numerical Control Market - IMG1

Computerized numerical control (CNC) is an advanced technology that includes pre-programmed software to automate and control the movement of machinery. This technology is extensively used in manufacturing industries for various equipment, including grinders, mills, routers, and lathes. The introduction of Industry 4.0 in the automation and manufacturing industry contributed to the expansion of CNC for seamless integration and smooth operation. Similarly, the increasing adoption of advanced CNC machines in electronics and medical devices has significantly impacted the growth of the CNC landscape. However, the frequent maintenance cost and complexity associated with implementing a CNC machine and software within manufacturing facilities is a subsequent concern for the end users. Companies are continuously working toward cutting costs and investing in research and development activities to address these challenges and provide better performance to their customers. Moreover, the technological advancements in machine learning and artificial intelligence (AI) are creating growth opportunities for industry players. The preference for energy-efficient CNC machines is contributing to the future expansion of CNC. Furthermore, the adoption of CNC in various sectors helps to increase accuracy, minimize errors, and meet the demands for precise and mass production.

Regional Insights

The need for computerized numerical control (CNC) machines in the Americas region, including the United States (U.S.) and Canada, reflects the robust and innovative manufacturing sector. The U.S., being a hub for technological advancements and entrepreneurship, showcases the latest CNC patents and ventures in the aerospace, automotive, and electronics industries, significantly propelling the adoption and consumption of CNC machines. The varied manufacturing industries across Europe, such as transportation, construction equipment, and general machinery, are witnessing a period of steady growth. As a result, this region has showcased increasing research and development activities and continuous investment initiatives. Furthermore, the Middle East and Africa region, known for their rich natural resources, are gradually shifting their economies toward industrialization, increasing the need for sophisticated CNC machines and software. However, there is a massive demand for CNC machines for manufacturing and healthcare applications in Asia-Pacific countries, including China, Japan, and India.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Computerized Numerical Control Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Computerized Numerical Control Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Computerized Numerical Control Market, highlighting leading vendors and their innovative profiles. These include AceMicromatic Group, Amada Co. Ltd., ANCA Pty Ltd, Autodesk Inc., Baoji Machine Tool Group Co., Ltd., Breton S.p.A., Datron AG, DMG Mori Co., Ltd., DN Solutions, E.T.M. Industries Inc., Ellison Technologies, Inc., EMAG GmbH & Co. KG, EMCO GmbH, FANUC Corporation, General Technology Group Dalian Machine Tool Co., Ltd., GROB-WERKE GmbH & Co. KG, Haas Automation, Inc., Hardinge Inc., HOMAG Group AG, Hurco Companies, Inc., HYUNDAI WIA CORP., Jinan Style Machinery Co., Ltd., JTEKT Corporation, Jyoti CNC Automation Ltd., Komatsu Ltd., Makino Milling Machine Co., Ltd., Matsuura Machinery Corporation, Mitsubishi Electric Corporation, Ningbo Haitian Precision Machinery Co., Ltd., Okuma Corporation, Omron Corporation, PRATIC CNC Technology Co., Ltd, Precision Machining and Fabrication Inc., Princeton Industrial Products, Qinchuan Machine Tool & Tool Group Corp., Roberson Machine Company, Schuler AG by ANDRITZ AG, Shenyang Machine Tool Co., Ltd., Sino Machinery Co.,Ltd., Soft Servo Systems, Inc., TAICNC Machine, TRUMPF SE + Co. KG, Valk Industries, Inc., Vectric Ltd, XL CNC Machines, XYZ Machine Tools Limited, and Yamazaki Mazak Corporation.

Market Segmentation & Coverage

This research report categorizes the Computerized Numerical Control Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Hardware
  - Controllers
  - Drives
  - Machine Bed
  - Motors
  - Spindle
- Services
  - Implementation & Maintenance
  - Training & Support
- Software
Machine Type
- CNC Grinding Machines
- CNC Laser Cutting Machines
- CNC Milling Machines
Application
- Aerospace & Defense
- Automotive
- Electronics
- Industrial Machinery
- Medical Devices
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Computerized Numerical Control Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Computerized Numerical Control Market?

3. What are the technology trends and regulatory frameworks in the Computerized Numerical Control Market?

4. What is the market share of the leading vendors in the Computerized Numerical Control Market?

5. Which modes and strategic moves are suitable for entering the Computerized Numerical Control Market?

Product Code: MRR-43539E5D3394

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Computerized Numerical Control Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rise of Industry 4.0 and robotics automation and the need for manufacturing accuracy
  - 5.1.1.2. Emphasis on customization and prototyping in automotive and aerospace industries
  - 5.1.1.3. Increasing adoption of CNC machines in medical device and electronics production
- 5.1.2. Restraints
  - 5.1.2.1. High energy consumption and need for frequent maintenance
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in CNC machining and software technologies with AI & IoT
  - 5.1.3.2. Emerging preference for energy-efficient CNC machining
- 5.1.4. Challenges
  - 5.1.4.1. Technical complexity of CNC machines and software
5.2. Market Segmentation Analysis
- 5.2.1. Component: Emerging applications of software to provide user-friendly interfaces to CNC systems
- 5.2.2. Machine Type: Advancing applications of CNC laser cutting machines in manufacturing operations
- 5.2.3. Application: Exponential penetration of CNC machine in automotive industry to offer manufacturing accuracy and enhances productivity
5.3. Market Trend Analysis
- 5.3.1. Expanding investments in industrial automation and emergence of advanced CNC systems in the Americas
- 5.3.2. Growing emphasis on R&D to manufacture breakthrough CNC systems in the APAC region
- 5.3.3. Supportive government initiatives for Industry 4.0 driving the penetration of CNC systems in EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Computerized Numerical Control Market, by Component

6.1. Introduction
6.2. Hardware
- 6.3.1. Controllers
- 6.3.2. Drives
- 6.3.3. Machine Bed
- 6.3.4. Motors
- 6.3.5. Spindle
6.3. Services
- 6.4.1. Implementation & Maintenance
- 6.4.2. Training & Support
6.4. Software

7. Computerized Numerical Control Market, by Machine Type

7.1. Introduction
7.2. CNC Grinding Machines
7.3. CNC Laser Cutting Machines
7.4. CNC Milling Machines

8. Computerized Numerical Control Market, by Application

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Electronics
8.5. Industrial Machinery
8.6. Medical Devices

9. Americas Computerized Numerical Control Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Computerized Numerical Control Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Computerized Numerical Control Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Sandvik Acquires CAM Post Processing Software Developer Postability
  - 12.3.1.2. West Michigan Manufacturer Acquires Family-Owned Firm to Boost Fabrication Capabilities
  - 12.3.1.3. Sidley Represents Z Capital Partners Portfolio Company Techniks Tool Group in its Acquisition of The Eppinger Group
  - 12.3.1.4. MRI Acquisition of a CNC Micro-Milling Workstation
  - 12.3.1.5. MiddleGround Capital Acquires Megatech
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Maxbyte and Marshal Machine Collaborate to Transform CNC Machines with Smart IoT Connectivity
  - 12.3.2.2. Mitsubishi Electric India CNC Announced Partnership with SolidCAM
  - 12.3.2.3. IRSC Partnership with Manufacturing Initiative Brings New Workforce Training Opportunities
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. Okuma America Corporation Launches Next-Generation CNC Machine
  - 12.3.3.2. Telit Cinterion deviceWISE AI Streamlines and Refines Visual Inspection for Manufacturing with AI and Deep Learning
  - 12.3.3.3. New Model for Improved Computer Numerical Control Machining
- 12.3.4. Investment & Funding
  - 12.3.4.1. Ethereal Machines Raises USD 7.3 Million
  - 12.3.4.2. Polk State Expands CNC Technology & Training Through ACE Grant
- 12.3.5. Award, Recognition, & Expansion
  - 12.3.5.1. Cutting-Edge Computer Numerical Control (CNC) Lab Opens at Terra State

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. AceMicromatic Group
- 13.1.2. Amada Co. Ltd.
- 13.1.3. ANCA Pty Ltd
- 13.1.4. Autodesk Inc.
- 13.1.5. Baoji Machine Tool Group Co., Ltd.
- 13.1.6. Breton S.p.A.
- 13.1.7. Datron AG
- 13.1.8. DMG Mori Co., Ltd.
- 13.1.9. DN Solutions
- 13.1.10. E.T.M. Industries Inc.
- 13.1.11. Ellison Technologies, Inc.
- 13.1.12. EMAG GmbH & Co. KG
- 13.1.13. EMCO GmbH
- 13.1.14. FANUC Corporation
- 13.1.15. General Technology Group Dalian Machine Tool Co., Ltd.
- 13.1.16. GROB-WERKE GmbH & Co. KG
- 13.1.17. Haas Automation, Inc.
- 13.1.18. Hardinge Inc.
- 13.1.19. HOMAG Group AG
- 13.1.20. Hurco Companies, Inc.
- 13.1.21. HYUNDAI WIA CORP.
- 13.1.22. Jinan Style Machinery Co., Ltd.
- 13.1.23. JTEKT Corporation
- 13.1.24. Jyoti CNC Automation Ltd.
- 13.1.25. Komatsu Ltd.
- 13.1.26. Makino Milling Machine Co., Ltd.
- 13.1.27. Matsuura Machinery Corporation
- 13.1.28. Mitsubishi Electric Corporation
- 13.1.29. Ningbo Haitian Precision Machinery Co., Ltd.
- 13.1.30. Okuma Corporation
- 13.1.31. Omron Corporation
- 13.1.32. PRATIC CNC Technology Co., Ltd
- 13.1.33. Precision Machining and Fabrication Inc.
- 13.1.34. Princeton Industrial Products
- 13.1.35. Qinchuan Machine Tool & Tool Group Corp.
- 13.1.36. Roberson Machine Company
- 13.1.37. Schuler AG by ANDRITZ AG
- 13.1.38. Shenyang Machine Tool Co., Ltd.
- 13.1.39. Sino Machinery Co.,Ltd.
- 13.1.40. Soft Servo Systems, Inc.
- 13.1.41. TAICNC Machine
- 13.1.42. TRUMPF SE + Co. KG
- 13.1.43. Valk Industries, Inc.
- 13.1.44. Vectric Ltd
- 13.1.45. XL CNC Machines
- 13.1.46. XYZ Machine Tools Limited
- 13.1.47. Yamazaki Mazak Corporation
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing