Motion Control Market Size, Growth , Revenue Share Analysis, and Forecast 2032
The global motion control market size was USD Billion 15.59 in 2022 and is expected to register a revenue CAGR of 5.8% during the forecast period, according to the latest analysis by Emergen Research. Rising adoption of automation in production operations to ensure workers’ health is a major factor expected to support revenue growth of the market. Motion control is widely used in factories for automation. Any system that involves the coordinated use of moving parts is a motion control system. The creation and use of these systems have led to most technologies being utilized in mechanical engineering.
Everywhere and every day, gears and engines are used. Everything from lifts to public transit buses and trains, to coffee makers used in city offices is operated by motion control systems such as Direct Current (DC) gear motors. Escalators in retail malls, automobiles, and automated industrial operations all require motion control systems. Across all industries, businesses are increasingly embracing use of robotics and conveyor systems to increase manufacturing and assembling margins. Even though the term ‘motion control’ maybe not familiar to many, movement control mechanisms are the foundation of vital systems used in various industries, including transportation, medicine, the manufacture of metal and machinery, oil and gas, textiles, energy, and others.
Another crucial breakthrough for controlling movement in packing lines is decentralized architecture. The power source and motion controller are housed in the control cabinets with all the servo drives in conventional control systems. More recent innovations permit dispersed systems, which are independent of the centralized control cabinet and in which drives are located adjacent to servo motors. More flexibility is offered by this Decentralized Control System (DCS) design. The facility floor can be made more open and servo motors can be arranged in more ways since there are fewer cables flowing from the control cabinet. The control box itself may be smaller and require less upkeep and cooling.
However, high cost of motion control systems and technical complexity are factors, which could hamper revenue growth of the market. High cost of these systems limits their adoption in small and medium-sized enterprises.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report.
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The Global Motion Control Report is a panoramic study of the overall Motion Control market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Motion Control market. The report provides a detailed analysis of the key factors of the Motion Control market that are expected to have a positive impact on the growth of the Motion Control industry.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Motion Control Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
Key companies operating in the Motion Control market include:
ABB Ltd., FANUC Corporation, Parker Hannifin Corp, Rockwell Automation, Siemens, Mitsubishi Electric Corporation, Robert Bosch GmbH, Schneider Electric, Estun Automation Co., Ltd., and Emerson Electric Co.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Motion Control industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
Motion Control Market Segmentation:
Offering Outlook (Revenue, USD Billion; 2019-2032)
- Actuators & Mechanical Systems
- Pneumatic
- Hydraulic
- Electromechanical
- Drivers
- Motors
- Servo Motor
- Stepper Motor
- Motion Controllers
- Sensors and Feedback Devices
- Software & Services
- Actuators & Mechanical Systems
System Outlook (Revenue, USD Billion; 2019-2032)
- Closed-Loop System
- Open-Loop System
Application Outlook (Revenue, USD Billion; 2019-2032)
- Metal Cutting
- Metal Forming
- Material Handling
- Robotics
- Packaging & Labelling
- Others
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
- S.
- Canada
- Europe
- K.
- Italy
- Germany
- Asia Pacific
- India
- Japan
- China
- Latin America
- Chile
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- A.E.
Key Questions Addressed in the Report:
- Who are the leading players in the Motion Control industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Motion Control?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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