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Motion Control Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition, and Forecasts 2022 to 2030
The global motion control market size is estimated at USD 15.5 billion by 2022 and is expected to reach USD 20 billion by 2029, at a CAGR of 5.2% during the forecast period.
Motion Control Market Overview
Motion control systems initiate and control the movement of loads to perform work. It enables precise control of speed, position, and torque. Examples of the use of motion control are applications that require product positioning, synchronization of individual elements, or rapid start and stop of motion. A motion control system consists of three basic components, a controller, a drive or amplifier, and a motor. The increase in the adoption of advanced and automated processes in factory automation is the major factor driving the growth of the motion control market. The adoption of motion control systems has increased due to the ease of use and integration of components in motion control systems.
Contrive Datum Insights has recently published the Motion Control Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Motion Control market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: ABB, PARKER HANNIFIN, ROCKWELL AUTOMATION, SCHNEIDER ELECTRIC, SIEMEN, ALTRA INDUSTRIAL MOTION, BOSCH REXROTH, DOVER MOTION, MOOG, and others.
Industry Development:
- In February 2022, Siemens launched the Simatic Drive Controller for CPUs. The new controller combines a Simatic S7-1500 controller with motion control technology and safety functions with a Sinamics S120 drive control in one device, saving space.
- In January 2022, Mitsubishi Electric Automation launched the MELSERVO-J5D servo amplifier for medium to large-sized servo applications requiring multiple drive units capable of managing regenerative energy.
- In June 2020, Parker Hannifin expanded the Parker Servo Drive (PSD) product line with the introduction of a fully programmable drive. The Programmable PSD is an intelligent stand-alone servo drive, fully programmable via IEC 61131-3, with runtime based on the widely distributed CODESYS V3.
What are the major Applications, Types, and Regions for the Motion Control Market?
By Offering
- Actuators & Mechanical Systems
- Pneumatic
- Hydraulic
- Electromechanical
- Drives
- Motors
- Servo Motor
- Stepper Motor
- Motion Controllers
- Sensors and Feedback Devices
- Software & Services
By System
- Open-loop System
- Closed-loop System
- By Application
- Metal Cutting
- Metal Forming
- Material Handling
- Packaging & Labelling
- Robotics
Others (semiconductor & electronics, and rubber & plastics)
Motion Control Market Regional Insights:
Asia-Pacific is anticipated to witness rapid growth at a CAGR of 5.4% during the forecast period owing to the growing demand for motion controllers. The growth of the global motion control system market is primarily influenced by various macroeconomic and microeconomic factors. An increase in the production of electronic products will continue to drive the demand for motion control systems in various industries.
Europe is projected to be a significant revenue generator in the global motion control market, accounting for more than 26% market share by 2031. A key driver of motion control systems is the expansion of warehousing. Demand for conveyor systems and motion controllers is expected to intensify across the country amid a focus on modernizing U.S. airport infrastructure.
Geographically, the global Motion Control market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Motion Control Market Report Scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 5.2% from 2022 to 2030. |
By Offering |
|
By System |
|
By Companies |
ABB Ltd. (Switzerland), FANUC Corporation (Japan), Parker Hannifin Corporation (US), Rockwell Automation, Inc. (US), Siemens AG (Germany), Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Altra Industrial Motion Corp. (US) and Novanta Inc. (US) |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Frequently Asked Questions (FAQ) about the Motion Control market:
What is the CAGR of the global Motion Control market?
The Motion Control Market is growing at a CAGR of 5.2% during the forecast period.
Which region would offer high growth for vendors in the Motion Control market?
Asia-Pacific is anticipated to witness rapid growth at a CAGR of 5.4% during the forecast period
Which Is the Most potential market segment?
By Offering
- Actuators & Mechanical Systems
- Pneumatic
- Hydraulic
- Electromechanical
- Drives
- Motors
- Servo Motor
- Stepper Motor
- Motion Controllers
- Sensors and Feedback Devices
- Software & Services
Which are the top industry players in the Motion Control market?
ABB, PARKER HANNIFIN, ROCKWELL AUTOMATION, SCHNEIDER ELECTRIC, SIEMEN, ALTRA INDUSTRIAL MOTION, BOSCH REXROTH, DOVER MOTION, MOOG
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