Motion Control Market Research Report (2023): Key Trends and Opportunities

Motion control is gaining a healthy momentum in various industrial processes owing to the rise of industrial automation. A recent study conducted by Market Research Future (MRFR) finds that the global market for motion control will surge at a CAGR of 7.09% during the forecast period (2018-2023). Motion control technology is a combination of gesture responsive systems consisting of hardware, software, motion controllers, and sensors among others. Equipment that support motion control are witnessing a rapid boom owing to their endless benefits. They are also allowing manufacturers to reach desired performance levels.

Industrial automation allows manufacturers to divert manual resource where its more needed. Moreover, it enables businesses to achieve higher economies of scales. Such factors are making a positive impact on the motion control market. Motion control is viewed as a prominent spike in the big wheel of automation. Motion control robots are being increasingly deployed in modern manufacturing facilities, they are used for tasks such as packaging, inspection and material handling. Integration of programmable logic control (PLC) and human machine interface (HMI) is likely to improve factory automation process in the coming years. In addition, these advancements will provide the advantage of PC based control to the motion control devices which includes flash memory to store the program, RAM storage, battery backup, remote control & monitoring, and reduction in the operational cost.  

Global Motion Control Market: Segmental Analysis

MRFR’s report includes a thorough segmental analysis of the market based on application, industry, component and technology. Based on application, the market has been segmented into inspection, robotics, packaging, material handling and others. The packaging segment currently holds the largest share of the market and is expected to retain its top position over 2023. Based on industry, the market has been segmented into aerospace & defence, metals & machinery manufacturing, automotive, healthcare, semiconductor & electronics, oil & gas and others. The semiconductor & electronics segment is expected to exhibit the highest CAGR during the forecast period and reach a valuation in excess of USD 4,700 Mn. Based on component, the market has been segmented into actuators & mechanical systems, motion controllers, electric drives, AC motors, sensors and feedback devices and other. In 2017, the motion controllers segment accounted for USD 4,572.23 Mn and is expected to witness a above-average growth over the next couple of years. Based on technology, the market has been segmented into pneumatic, electromechanical actuation and hydraulic. Of these, the electromechanical actuation segment will remain highly lucrative during the assessment period. The segment is likely to surpass the market valuation of USD 10,000 Mn by the end of the review period.

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Global Motion Control Market: Regional Analysis

Motion control market has been covered across regions such as North America, the Middle East & Africa (MEA), Europe, South America and Asia Pacific (APAC). The market in APAC will remain highly attractive throughout the forecast period. In 2017, APAC motion control market stood at USD 6,000 Mn and is projected to witness a strong CAGR of 8.72% by 2023. Manufacturing facilities in countries such China, Japan and Indian are being upgraded to international standards, which is creating opportunities for the motion control market in the region. The level of automation in the region’s manufacturing sector has been increasing rapidly in recent years. Moreover, availability of low cost motion-controlled products from domestic manufacturers is influencing the market’s growth trends in APAC.

Global Motion Control Market: Competitive Landscape

Some of the leading companies operating in the global motion control market include AMETEK Advanced Motion Solution, Siemens AG, Estun Automation Co., Ltd., ABB Group, Rockwell Automation, Inc., Parker Hannifin Corporation, Schneider Electric, MKS Instruments Inc., STM Microelectronics, Motion Control Corporation, Emerson Electric Co.

Table of Content:

3 Research Methodology

3.1 Research Process 18

3.2 Forecast Model

4 Market Dynamics

4.1 Introduction 24

4.2 Drivers 25

4.2.1 Rising Adoption Of Industrial Robots In Manufacturing Industries 25

4.2.2 Increasing Awareness Of Advanced And Automated Process For Factory Component 25

4.3 Restraint 26

4.3.1 High Replacement And Maintenance Cost 26

4.4 Opportunities 26

4.4.1 Integration With PLC And HMI Devices 26

4.5 Porter’s Five Forces Model 27

4.5.1 Threat Of New Entrants 27

4.5.2 Bargaining Power Of Suppliers 27

4.5.3 Bargaining Power Of Buyers 27

4.5.4 Threat Of Substitutes 28

4.5.5 Intensity Of Rivalry 28

5 Global Motion Control Market, By Component

5.1 Overview 30

5.1.1 Actuators & Mechanical Systems 31

5.1.1.1 Linear Actuators & Mechanical System 32

5.1.1.2 Rotation & Tilt Actuators & Mechanical System 32

5.1.1.3 Alignment Actuators & Mechanical System 32

5.1.2 Motion Controllers 32

5.1.3 Electric Drives 32

5.1.4 AC Motors 33

5.1.5 Sensors And Feedback Devices 33

5.1.6 Others 33

6 Global Motion Control Market, By Technology

6.1 Overview 35

6.1.1 Pneumatic 35

6.1.2 Hydraulic 36

6.1.3 Electromechanical Actuation 36

7 Global Motion Control Market, By Application

7.1 Overview 38

7.1.1 Inspection 38

7.1.2 Material Handling 39

7.1.3 Packaging 39

7.1.4 Robotics 39

7.1.5 Others 39

8 Global Motion Control Market, By Industry

8.1 Overview 41

8.1.1 Metals & Machinery Manufacturing 42

8.1.2 Healthcare 42

8.1.3 Automotive 42

8.1.4 Aerospace & Defense 42

8.1.5 Oil & Gas 42

8.1.6 Semiconductor & Electronics 43

8.1.7 Others 43

9 Global Motion Control Market, By Region

9.1 Introduction 45

9.2 North America 46

9.2.1 US 52

9.2.2 Canada 54

9.2.3 Mexico 56

9.3 Europe 58

9.3.1 UK 64

9.3.2 Germany 66

9.3.3 France 68

9.3.4 Rest Of Europe 70

9.4 Asia-Pacific 72

9.4.1 China 78

9.4.2 Japan 80

9.4.3 India 82

9.4.4 Rest Of Asia-Pacific 84

9.5 Rest Of The World (ROW) 86

10 Competitive Landscape

10.1 Competitive Landscape 93

11 Company Profiles

11.1 ABB Group 96

11.1.1 Company Overview 96

11.1.2 Financial Overview 96

11.1.3 Products/Services Offered 97

11.1.4 Key Developments 97

11.1.5 SWOT Analysis 97

11.1.6 Key Strategy 97

11.2 Siemens AG 98

11.2.1 Company Overview 98

11.2.2 Financial Overview 98

11.2.3 Products/Services Offered 99

11.2.4 Key Developments 99

11.2.5 SWOT Analysis 99

11.2.6 Key Strategy 100

11.3 Emerson Electric Co. 101

11.3.1 Company Overview 101

11.3.2 Financial Overview 101

11.3.3 Products/Services Offered 102

11.3.4 Key Developments 102

11.3.5 SWOT Analysis 102

11.3.6 Key Strategy 102

11.4 Schneider Electric 103

11.4.1 Company Overview 103

11.4.2 Financial Overview 103

11.4.3 Products/Services Offered 104

11.4.4 Key Developments 104

11.4.5 SWOT Analysis 105

11.4.6 Key Strategy 105

11.5 Rockwell Automation, Inc. 106

11.5.1 Company Overview 106

11.5.2 Financial Overview 106

11.5.3 Products/Services Offered 107

11.5.4 Key Developments 107

11.5.5 SWOT Analysis 108

11.5.6 Key Strategy 108

11.6 Parker Hannifin Corporation 109

11.6.1 Company Overview 109

11.6.2 Financial Overview 109

11.6.3 Products/Services Offered 110

11.6.4 Key Developments 110

11.6.5 SWOT Analysis 110

11.6.6 Key Strategy 111

11.7 STM Microelectronics 112

11.7.1 Company Overview 112

11.7.2 Financial Overview 112

11.7.3 Products/Services Offered 113

11.7.4 Key Developments 113

11.7.5 SWOT Analysis 113

11.7.6 Key Strategy 114

11.8 MKS Instruments Inc. 115

11.8.1 Company Overview 115

11.8.2 Financial Overview 115

11.8.3 Products/Services Offered 116

11.8.4 Key Developments 116

11.8.5 SWOT Analysis 117

11.8.6 Key Strategy 117

11.9 Motion Control Corporation 118

11.9.1 Company Overview 118

11.9.2 Products/Services Offered 118

11.9.3 Key Developments 118

11.9.4 Key Strategy 119

11.10 Estun Automation Co., Ltd. 120

11.10.1 Company Overview 120

11.10.2 Products/Services Offered 120

11.10.3 Key Developments 120

11.10.4 Key Strategy 120

11.11 AMETEK Advanced Motion Solution 121

11.11.1 Company Overview 121

11.11.2 Products/Services Offered 121

11.11.3 Key Developments 122

11.11.4 SWOT Analysis 122

11.11.5 Key Strategy 122

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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Publicado en Technology en noviembre 12 at 02:37
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