Motion Control Global Market – Overview
The global motion control market is growing with the rapid pace is mainly due to Growing industrialization and high adoption of automation in the industrial process, which is propelling the Motion control market growth to the large extent. While, high deployment cost and lack of availability of professionals are some of the major restraints of the motion control market. According to a recent study report published by the Market Research Future, The global market of Motion control is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
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January 18, 2018 –Vention, custom-equipment startup, has launched App for Motion Control which offer a Motion App software and Machine Motion interface for the customers to program their products’ motion profiles. The company has also partnered with many other companies to create modular parts supporting its robotics and motion products.
January 26, 2018 – Siemens has introduced their new product with new servo drive system simplifying motion control for machine builders. These motion controller converters are with integrated safety functions and enable rapid engineering via motion technology objects.
January 23, 2018 – Universal Robots and Apex Motion Control has launched Zero Footprint Palletizer. It can be redeployed throughout a facility and fits right into existing packaging lines without modification, replacing manual palletizing operations in minutes.
The key players in the market of motion control are- ABB Group (Switzerland), Rockwell Automation, Inc., (U.S.), Parker Hannifin Corporation (U.S.), Siemens AG (Germany), STMicroelectronics N.V. (Switzerland), Motion Control Corporation (U.S.), Schneider Electric (France), Trio Motion (U.S.), Emerson Electric (U.S.), AMETEK, Inc. (U.S.), Aerotech Inc. (U.S.) among others.
Motion Control Global Market – Segmentation
The Motion Control Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation by Component: Comprises Controller, Drives, Motors, Software among others.
- Segmentation by Technology: Comprises Pneumatic, Hydraulic, and Electromechanical Actuation and others.
- Segmentation by Application: Comprises Inspection, Material handling, Packaging and others
- Segmentation by Industry: Comprises Manufacturing, Healthcare, Automotive, Aerospace & Defense, Oil & Gas, and Robotics among others
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
Motion Control Global Market – Regional Analysis
North America is dominating the global Motion control market with the largest market share due to the high consumption of electronic equipment and rich presence of healthcare industry, which is gaining demand in Motion control market in these region, and is expected to gain growth by 2022. Global Motion control market in European market is expected to grow at a substantial high CAGR during 2016 to 2022. The Asia Pacific market for Motion control market is expected to grow at a considerable CAGR (2016-2022) due to strong presence of manufacturing companies in China, Japan and South Korea.
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- Automation Service Providers
- Motion Control Distributors
- Technology Provides
- Sensor Manufacturers
- Connectivity Providers
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