Mitsubishi Electric Corporation offers CNC products under its product category—Controller. It offers products such as CNC panels, drive units, servomotors, spindle motors, and software tools. Furthermore, the company also offers processing machines such as laser processing machine, electrical discharge machine, and electron beam machine. These products help in bringing higher quality and productivity on the factory floor. Thus, the company has a broad product portfolio that enables it to cater to a large customer base and improve its revenues and margins. Source: MarketsandMarkets Analysis