Motion Control Market

Market Analysis

The global motion control market is predicted to grow at a healthy 7.09% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis. A motion controller, simply put, is the brain of a motion control system. It is widely utilized in material handling, packaging, robotics, inspection, and others in various industries such as oil and gas, semiconductor and electronics, healthcare, automotive, metals and machinery manufacturing, aerospace and defence, and others.

Various factors are propelling the global motion control market share. According to the recent MRFR report, such factors include an increase in industrial automation, the increasing use of automated and advanced processes for factory automation, growing demand for industrial robots in the manufacturing process, safety-enabled productivity in industries, and growing concerns for qualitative and safety output. Additional factors adding to the industrial motion control market growth include the surging need for motion controls in different end use industries such as machinery industries, textile, printing, packaging, automotive, semiconductor and electronics industry, and others.

On the contrary, high maintenance and replacement cost, lack of trained and skilled workforce, and the current COVID-19 effect are factors that may limit the global motion controllers market growth over the forecast period.

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Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global motion control industry based on technology, component, industry, and application.

By application, the global motion control market is segmented into material handling, packaging, robotics, inspection, and others. Of these, the packaging segment will lead the market over the forecast period.

By industry, the global motion control market is segmented into oil and gas, semiconductor and electronics, healthcare, automotive, metals and machinery manufacturing, aerospace and defence, and others. Of these, the semiconductor and electronics segment will dominate the market over the forecast period. It is likely to touch USD 4,700 million by 2023.

By component, the global motion control market Size is segmented into sensors & feedback devices, AC motors, electric drives, motion controllers System, actuators and mechanical systems, and others. Of these, the motion controllers will have a major share in the market over the forecast period.

By technology, the global motion control market is segmented into hydraulic, electromechanical actuation, and pneumatic. Among these, the electromechanical actuation segment will command the largest share in the market over the forecast period. It is likely to touch USD 10,000 million by 2023.

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Regional Analysis

Based on the region, the global motion control market growth report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Middle East and Africa (MEA). Among these, the APAC region will lead the market over the forecast period. The growing market for automatic equipment of high-level for the manufacturing sector, burgeoning need for high-level medical equipment, high-precision printing machinery, and automatic textile machinery, and support from the government are adding to the global motion control market growth in the region. India, China, and Japan have the maximum share in the market.

The global motion control market in Europe is predicted to have the second-largest share over the forecast period. This is followed by North America that is predicted to have healthy growth over the forecast period. Development of smart technology, networking, and customization, and growing demand for motion control in packaging industries, textile, machinery printing, semiconductor and electronics industry, and automotive are adding to the global motion control market growth in the region.

The global motion control market in the MEA is predicted to have sound growth over the forecast period.

Key Players

Notable contenders profiled in the global motion control market report include Emerson Electric Co., Motion Control Corporation, STM Microelectronics, MKS Instruments Inc., Schneider Electric, Parker Hannifin Corporation, Rockwell Automation, Inc., ABB Group, Estun Automation Co., Ltd., Siemens AG, and AMETEK Advanced Motion Solution, among others. 

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