Press Release

CNC Controller Market worth 3.70 Billion USD by 2023

The main purpose of CNC is the manufacturing parts and components precisely reducing the cost of manufacturing and also to minimize the wastage by precise manufacturing of small parts and components. A CNC controller is a computerized program for the object and the machine programmed with machine language which essentially controls and monitors the features like feed rate, coordination, location and the speed. The computer controls both the positioning and the speed of CNC machining used to manufacture metal as well as plastic parts. The process of CNC machines is more precise than manual machining. The major benefit of Computer control machining is the ability to repeat the exact same process over and over again without having a single bit of error in the manufacturing. This helps the manufacturers in the mass production with quality and precision, as the demand for consumables is increasing each and every day.

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Table of Contents:

1 Executive Summary
2 Market Dynamics
2.1 Market Growth Factors
2.1.1 Growing demand of Automation
2.1.2 Reduction in the cost of manufacturing process and waste minimization.
2.1.3 Growing demand of smaller footprints in SME’s
2.2 Market Challenges
2.2.1 High cost of implementation and maintenance.
2.2.2 Lack of expertise in handling advanced complex CNC machines.
2.3 Opportunities
2.3.1 Integrating with additive manufacturing
2.4 Supply Chain Analysis
2.5 Porter’s Five Forces Analysis
3 Global CNC Controller Market, By Product
3.1 Introduction
3.2 Sub-segment
3.2.1 Microcontroller-based
3.2.2 DSP-based
3.2.3 Motion control chip-based
3.2.4 Others
4 Global CNC Controller Market, By Component
4.1 Introduction
4.2 Sub-Segment
4.2.1 Power supply unit
4.2.2 Software
4.2.3 Cabling
4.2.4 Circuitry Protection System
4.2.5 Motor Driver
4.2.6 Others
5 Global CNC Controller Market, By Axis Type
5.1 Introduction
5.2 Sub-Segment
5.2.1 2 Axis
5.2.2 3 Axis
5.2.3 4 Axis
5.2.4 5 Axis
5.2.5 Multi Axis
6 Global CNC Controller Market, By Application
6.1 Introduction
6.2 Sub-segment
6.2.1 Closed-loop Control CNC Machine Tool
6.2.2 Open-loop Control CNC Machine Tool
6.2.3 Semi-Closed Loop Control CNC Machine Tool applications
7 Global CNC Controller Market, By End User

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7.1 Introduction
7.2 Market by Sub-segment
7.2.1 Health care
7.2.2 Automobile
7.2.3 Aerospace
7.2.4 Defense
7.2.5 Electronics
7.2.6 Metal and mining
7.2.7 Others

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