The global motion controller market witnessed growth in 2014, after a slight decline in 2012 and 2013, in terms of value. In 2015, the global market is expected to grow further, owing to the growth of manufacturing industries, post economic slowdown in the western countries. Asia-Pacific is expected to be the major growth driver for the global motion controller market during the forecast period. In technical perspective, greater overall equipment efficiency (OEE) model, higher throughput in addition with reduced cost of the motion controllers are the major growth drivers for the global motion controller market.
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The ongoing industrialization in developing market demands greater safety measures to check fatal accidents. More than one million workers die, due to occupational accidents every year in Asia-Pacific, which has increased the adoption of industry automation in the recent years. This in turn, is fueling the demand of motion controllers in the developing markets.
By technology, general motion control (GMC) accounted for the majority share of the global market, however computerized numerical control (CNC) is expected to witness the fastest growth during the forecast period.
Among end users, the semiconductor sector accounted for the largest market share in 2014. The advancement in the processing speed, precision, and reliability of motion controllers are fueling the growth of the motion controller market in the semiconductor industry. The growing demand of consumer electronics in Asia-Pacific has increased the demand of semiconductor and electronics assembly equipment. This is fueling the growth of the motion controller market in the region. The motion controller market is also expected to witness an above average growth in South-East Asia, owing to the large presence of rubber processing industries in the region. Manufacturing was the second largest end-user segment of motion controllers in 2014.
Asia-Pacific accounted for the largest market of motion controller in 2014. The market dominance of Asia-Pacific is due to high penetration of motion controller in China and Japan, which together accounted for more than 75% share of its market in the region. Europe was the second largest market of motion controllers in 2014, led by Germany, the U.K., Italy, and France. The Asia-Pacific market is expected to grow at the fastest rate during the forecast period, owing to rapid industrialization in developing countries, such as India, China, and Indonesia. The market for motion controllers remains fairly low in the Middle East and Africa; however the demand of motion controller is increasing in Latin America, which is mainly led by Brazil and Mexico.
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Some of the competitors in the global motion controller market are Parker Hannifin Corporation, Schneider Electric SE, Altra Industrial Motion Corporation, Dover Motion, Moog Inc., ABB Ltd., Rockwell Automation, Siemens AG, and Bosch Rexroth AG.
Global Motion Controller Market Segmentation
On the basis of types:
- SERVO Drives
- Servo Motors
- Position Control Hardware
- Software and Services
On the basis of end users:
- Energy and Power
- Food and Beverages
- Oil and Gas
On the basis of technology:
- General Motion Control (GMC)
- Computerized Numerical Control (CNC)
On the basis of component:
- Electric Drives
- AC Drives
- AC Motors
- Feedback Devices
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