Abstract
Summary
Computer numerical control (CNC) is a method for automating control of machine tools through the use of software embedded in a microcomputer attached to the tool. It is commonly used in manufacturing for machining metal and plastic parts.
With CNC, each object to be manufactured gets a custom computer program, usually written in an international standard language called G-code, stored in and executed by the machine control unit (MCU), a microcomputer attached to the machine. The program contains the instructions and parameters the machine tool will follow, such as the feed rate of materials and the positioning and speed of the tool's components. Mills, lathes, routers, grinders and lasers are common machine tools whose operations can be automated with CNC. It can also be used to control non-machine tools, such as welding, electronic assembly and filament-winding machines.
LPI (LP Information)' newest research report, the “Computer Numerical Control System Industry Forecast” looks at past sales and reviews total world Computer Numerical Control System sales in 2022, providing a comprehensive analysis by region and market sector of projected Computer Numerical Control System sales for 2023 through 2029. With Computer Numerical Control System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computer Numerical Control System industry.
This Insight Report provides a comprehensive analysis of the global Computer Numerical Control System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computer Numerical Control System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computer Numerical Control System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computer Numerical Control System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computer Numerical Control System.
The global Computer Numerical Control System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Computer Numerical Control System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Computer Numerical Control System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Computer Numerical Control System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Computer Numerical Control System players cover Siemens, Mitsubishi, Fagor Automation, FANUC, Wuhan Huazhong Numerical Control Co., Ltd (HCNC), GSK CNC Equipment co.,Ltd, Beijing KND CNC Technique Co. Ltd. (KND), Hurco and Syntec, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Computer Numerical Control System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
CNC Software
Machine Control Unit
Segmentation by application
Mill
Lathe
Plasma Cutter
Electric Discharge Machining
Water Jet Cutter
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Mitsubishi
Fagor Automation
FANUC
Wuhan Huazhong Numerical Control Co., Ltd (HCNC)
GSK CNC Equipment co.,Ltd
Beijing KND CNC Technique Co. Ltd. (KND)
Hurco
Syntec
With CNC, each object to be manufactured gets a custom computer program, usually written in an international standard language called G-code, stored in and executed by the machine control unit (MCU), a microcomputer attached to the machine. The program contains the instructions and parameters the machine tool will follow, such as the feed rate of materials and the positioning and speed of the tool's components. Mills, lathes, routers, grinders and lasers are common machine tools whose operations can be automated with CNC. It can also be used to control non-machine tools, such as welding, electronic assembly and filament-winding machines.
LPI (LP Information)' newest research report, the “Computer Numerical Control System Industry Forecast” looks at past sales and reviews total world Computer Numerical Control System sales in 2022, providing a comprehensive analysis by region and market sector of projected Computer Numerical Control System sales for 2023 through 2029. With Computer Numerical Control System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computer Numerical Control System industry.
This Insight Report provides a comprehensive analysis of the global Computer Numerical Control System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computer Numerical Control System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computer Numerical Control System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computer Numerical Control System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computer Numerical Control System.
The global Computer Numerical Control System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Computer Numerical Control System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Computer Numerical Control System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Computer Numerical Control System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Computer Numerical Control System players cover Siemens, Mitsubishi, Fagor Automation, FANUC, Wuhan Huazhong Numerical Control Co., Ltd (HCNC), GSK CNC Equipment co.,Ltd, Beijing KND CNC Technique Co. Ltd. (KND), Hurco and Syntec, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Computer Numerical Control System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
CNC Software
Machine Control Unit
Segmentation by application
Mill
Lathe
Plasma Cutter
Electric Discharge Machining
Water Jet Cutter
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Mitsubishi
Fagor Automation
FANUC
Wuhan Huazhong Numerical Control Co., Ltd (HCNC)
GSK CNC Equipment co.,Ltd
Beijing KND CNC Technique Co. Ltd. (KND)
Hurco
Syntec
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Computer Numerical Control System Market Size 2018-2029
2.1.2 Computer Numerical Control System Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Computer Numerical Control System Segment by Type
2.2.1 CNC Software
2.2.2 Machine Control Unit
2.3 Computer Numerical Control System Market Size by Type
2.3.1 Computer Numerical Control System Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Computer Numerical Control System Market Size Market Share by Type (2018-2023)
2.4 Computer Numerical Control System Segment by Application
2.4.1 Mill
2.4.2 Lathe
2.4.3 Plasma Cutter
2.4.4 Electric Discharge Machining
2.4.5 Water Jet Cutter
2.4.6 Others
2.5 Computer Numerical Control System Market Size by Application
2.5.1 Computer Numerical Control System Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Computer Numerical Control System Market Size Market Share by Application (2018-2023)
3 Computer Numerical Control System Market Size by Player
3.1 Computer Numerical Control System Market Size Market Share by Players
3.1.1 Global Computer Numerical Control System Revenue by Players (2018-2023)
3.1.2 Global Computer Numerical Control System Revenue Market Share by Players (2018-2023)
3.2 Global Computer Numerical Control System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Computer Numerical Control System by Regions
4.1 Computer Numerical Control System Market Size by Regions (2018-2023)
4.2 Americas Computer Numerical Control System Market Size Growth (2018-2023)
4.3 APAC Computer Numerical Control System Market Size Growth (2018-2023)
4.4 Europe Computer Numerical Control System Market Size Growth (2018-2023)
4.5 Middle East & Africa Computer Numerical Control System Market Size Growth (2018-2023)
5 Americas
5.1 Americas Computer Numerical Control System Market Size by Country (2018-2023)
5.2 Americas Computer Numerical Control System Market Size by Type (2018-2023)
5.3 Americas Computer Numerical Control System Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Computer Numerical Control System Market Size by Region (2018-2023)
6.2 APAC Computer Numerical Control System Market Size by Type (2018-2023)
6.3 APAC Computer Numerical Control System Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Computer Numerical Control System by Country (2018-2023)
7.2 Europe Computer Numerical Control System Market Size by Type (2018-2023)
7.3 Europe Computer Numerical Control System Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Computer Numerical Control System by Region (2018-2023)
8.2 Middle East & Africa Computer Numerical Control System Market Size by Type (2018-2023)
8.3 Middle East & Africa Computer Numerical Control System Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Computer Numerical Control System Market Forecast
10.1 Global Computer Numerical Control System Forecast by Regions (2024-2029)
10.1.1 Global Computer Numerical Control System Forecast by Regions (2024-2029)
10.1.2 Americas Computer Numerical Control System Forecast
10.1.3 APAC Computer Numerical Control System Forecast
10.1.4 Europe Computer Numerical Control System Forecast
10.1.5 Middle East & Africa Computer Numerical Control System Forecast
10.2 Americas Computer Numerical Control System Forecast by Country (2024-2029)
10.2.1 United States Computer Numerical Control System Market Forecast
10.2.2 Canada Computer Numerical Control System Market Forecast
10.2.3 Mexico Computer Numerical Control System Market Forecast
10.2.4 Brazil Computer Numerical Control System Market Forecast
10.3 APAC Computer Numerical Control System Forecast by Region (2024-2029)
10.3.1 China Computer Numerical Control System Market Forecast
10.3.2 Japan Computer Numerical Control System Market Forecast
10.3.3 Korea Computer Numerical Control System Market Forecast
10.3.4 Southeast Asia Computer Numerical Control System Market Forecast
10.3.5 India Computer Numerical Control System Market Forecast
10.3.6 Australia Computer Numerical Control System Market Forecast
10.4 Europe Computer Numerical Control System Forecast by Country (2024-2029)
10.4.1 Germany Computer Numerical Control System Market Forecast
10.4.2 France Computer Numerical Control System Market Forecast
10.4.3 UK Computer Numerical Control System Market Forecast
10.4.4 Italy Computer Numerical Control System Market Forecast
10.4.5 Russia Computer Numerical Control System Market Forecast
10.5 Middle East & Africa Computer Numerical Control System Forecast by Region (2024-2029)
10.5.1 Egypt Computer Numerical Control System Market Forecast
10.5.2 South Africa Computer Numerical Control System Market Forecast
10.5.3 Israel Computer Numerical Control System Market Forecast
10.5.4 Turkey Computer Numerical Control System Market Forecast
10.5.5 GCC Countries Computer Numerical Control System Market Forecast
10.6 Global Computer Numerical Control System Forecast by Type (2024-2029)
10.7 Global Computer Numerical Control System Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Siemens
11.1.1 Siemens Company Information
11.1.2 Siemens Computer Numerical Control System Product Offered
11.1.3 Siemens Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Siemens Main Business Overview
11.1.5 Siemens Latest Developments
11.2 Mitsubishi
11.2.1 Mitsubishi Company Information
11.2.2 Mitsubishi Computer Numerical Control System Product Offered
11.2.3 Mitsubishi Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Mitsubishi Main Business Overview
11.2.5 Mitsubishi Latest Developments
11.3 Fagor Automation
11.3.1 Fagor Automation Company Information
11.3.2 Fagor Automation Computer Numerical Control System Product Offered
11.3.3 Fagor Automation Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Fagor Automation Main Business Overview
11.3.5 Fagor Automation Latest Developments
11.4 FANUC
11.4.1 FANUC Company Information
11.4.2 FANUC Computer Numerical Control System Product Offered
11.4.3 FANUC Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 FANUC Main Business Overview
11.4.5 FANUC Latest Developments
11.5 Wuhan Huazhong Numerical Control Co., Ltd (HCNC)
11.5.1 Wuhan Huazhong Numerical Control Co., Ltd (HCNC) Company Information
11.5.2 Wuhan Huazhong Numerical Control Co., Ltd (HCNC) Computer Numerical Control System Product Offered
11.5.3 Wuhan Huazhong Numerical Control Co., Ltd (HCNC) Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Wuhan Huazhong Numerical Control Co., Ltd (HCNC) Main Business Overview
11.5.5 Wuhan Huazhong Numerical Control Co., Ltd (HCNC) Latest Developments
11.6 GSK CNC Equipment co.,Ltd
11.6.1 GSK CNC Equipment co.,Ltd Company Information
11.6.2 GSK CNC Equipment co.,Ltd Computer Numerical Control System Product Offered
11.6.3 GSK CNC Equipment co.,Ltd Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 GSK CNC Equipment co.,Ltd Main Business Overview
11.6.5 GSK CNC Equipment co.,Ltd Latest Developments
11.7 Beijing KND CNC Technique Co. Ltd. (KND)
11.7.1 Beijing KND CNC Technique Co. Ltd. (KND) Company Information
11.7.2 Beijing KND CNC Technique Co. Ltd. (KND) Computer Numerical Control System Product Offered
11.7.3 Beijing KND CNC Technique Co. Ltd. (KND) Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Beijing KND CNC Technique Co. Ltd. (KND) Main Business Overview
11.7.5 Beijing KND CNC Technique Co. Ltd. (KND) Latest Developments
11.8 Hurco
11.8.1 Hurco Company Information
11.8.2 Hurco Computer Numerical Control System Product Offered
11.8.3 Hurco Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Hurco Main Business Overview
11.8.5 Hurco Latest Developments
11.9 Syntec
11.9.1 Syntec Company Information
11.9.2 Syntec Computer Numerical Control System Product Offered
11.9.3 Syntec Computer Numerical Control System Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Syntec Main Business Overview
11.9.5 Syntec Latest Developments
12 Research Findings and Conclusion