Global Motion Controller Market
Global Motion Control Market Was valued US$ 16.50 Bn in 2018 and is expected to reach 28.40 Bn by 2026, at a CAGR of 7.02 % during a forecast period.
Motion controllers are mainly feedback-based systems, which take an input command from the user and compares it with a feedback signal from the motor.
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The increased automation across the end-user industries like food and beverage, electrical, electronics, and semiconductor is expected to drive the global motion control market. The increasing need for the deployment of automated systems to conflict the errors and delays caused owing to the human involvement in a production process is expected to propel the demand for motion controller market growth. Rapid industrialization is one of the key drivers in the global motion control market. Furthermore, the increase of labor costs, a complication with the machine tools are expected to limit the growth in the global motion control market.
The robotics is projected to grow at a XX % rate of CAGR in the global motion control market during the forecast period. Robotics has become a key segment of industrial automation, which consist of technologies like motion control being at the core. The growing adoption of robotics by numerous industries like F&B, electrical and electronics, and semiconductor is initiating the demand for motion control systems. The motion controller and robotics technology are extremely correlated, where robotics technology is reliant on motion control components like mechanicals system for bringing controlled motion into the steel body parts.
The Asia Pacific is expected to share significant growth in the global motion control market during the forecast period. The developing countries like China, India, and Japan are the market leaders in this region. The declaration by the government of China of “Made in China 2025" is expected to increase the focus on industrial robots and CNC machine tools, which will be expected to increase demand for the motion controllers. Increasing the adoption of the high-level automatic equipment for the manufacturing industry and growing demand for high-level medical equipment, automatic textile machinery, and high-precision printing machinery are expected to incraese the adoption of motion control systems in this region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global motion control market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global motion control market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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The Scope of the Report for Global Motion Control Market
Global Motion Control Market, By Component
• Actuators and Mechanical Systems
• AC Drives
• Electronic Drives
• AC Motors
• Motion Controllers
• Sensors and Feedback Devices
• Others
Global Motion Control Market, By Application
• Assembly/Disassembly
• Converting
• Inspection/Measuring
• Material Handling
• Metal Fabrication
• Packaging
• Positioning
• Slicing, Shearing, and Cutting
• Robotics
Global Motion Control Market, By Industry
• Aerospace and Defense
• Automotive
• Semiconductor and Electronics
• Metal and Machinery Manufacturing
• Food and Beverages
• Medical
• Printing and Paper
• Furniture and Wood
• Plastic and Rubber
• Energy
• Textile
• Oil and Gas
• Others
Global Motion Control Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players
• Siemens AG
• Parker-Hannifin Corp
• ABB Ltd.
• Schneider Electric Se
• Altra Industrial Motion Corp.
• Eaton Corporation PLC
• Mitsubishi Electric Corporation
• Moog Inc.
• Yaskawa Electric Corporation
• Bosch Rexroth AG
• Dover Motion
• Kollmorgen
• Allied Motion Inc.
• Delta Electronics, Inc.
• National Instruments
• Omron Corporation
• Rockwell Automation Inc.
• Toshiba Corporation
• Yokogawa Electric Corporation.
• Fuji electric
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