>Global Motion Control Market, By Technology (Pneumatic,Electromechanical Actuation, Hydraulic), Components (Controller, Drives, Motors, Software), Application (Inspection, Material handling, Packaging), Industry (Manufacturing, Healthcare, Automotive), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Motion Control Market
Motion control market will reach at an estimated value of USD 973.86 million by 2028 and grow at a CAGR of 2.40% in the forecast period of 2021 to 2028. Rise in the adoption of automation in manufacturing facilities to secure employee health & safety in COVID-19 crisis is an essential factor driving the motion control market.
Motion-control system controls and initiates the movement of a load to perform work. It is capable of precise speed, position, and torque control. Examples for the use of motion control are applications requiring the positioning of a synchronization of separate elements, product, or the rapid start and stop of motion. Motion control systems are comprised of three basic components, that is, controller, motor and drive or amplifier.
Rise in the adoption of advanced and automated processes in manufacturing sector is a crucial factor accelerating the market growth, also rise in the safety-enabled productivity in industries due to stringent safety rules imposed by governments, rise in the demand for industrial robots in manufacturing processes and increase in the ease of use and integration of IIoT with motion control systems are the major factors among others boosting the motion control market. Moreover, rise in the integration of motion control systems with programmable logic controller (PLC) and human–machine interface (HMI) and rise in the research and development activities in the market acts will further create new opportunities for motion control market in the forecast period mentioned above.
However, increase in the replacement and maintenance cost acts as the major factors among others restraining the market growth, and will further challenge the motion control market in the forecast period mentioned above.
This motion control market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on motion control market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Motion Control Market Scope and Market Size
Motion control market is segmented on the basis of technology, components, application and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, motion control market is segmented into pneumatic, electromechanical actuation and hydraulic.
- Based on components, the motion control market is segmented into controller, drives, motors and software.
- Based on application, the motion control market is segmented into inspection, material handling and packaging.
- The motion control market is also segmented on the basis of industry into manufacturing, healthcare, and automotive.
Motion Control Market Scope Country Level Analysis
Motion control market is analysed and market size, volume information is provided by country, technology, components, application and industry as referenced above.
The countries covered in the motion control market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the motion control market due to rise in the safety-enabled productivity in industries due to stringent safety rules imposed by governments. Whereas, Europe is expected to grow in the forecast period due to rise in the demand for industrial robots in manufacturing processes in this region.
The country section of the motion control market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Motion Control Market Share Analysis
Motion control market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to motion control market.
The major players covered in motion control market report are ABB, PARKER HANNIFIN CORP, Rockwell Automation, Inc, Schneider Electric, Siemens, FANUC, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Bosch Rexroth AG, General Electric, PARKER HANNIFIN CORP and MKS Instruments among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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