Authored By: Sarah
11 Jul 2024

 Motion Control Market Size to grow by USD 5696.1 million between 2024-2028

According to a research report “ Motion Control Market” by Application (Metal and machinery manufacturing, Packaging and labeling, Robotics, Semiconductor and electronics, Others) Product (Electronic devices, Actuators, AC drives, Motion controllers, Others) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 5696.1 million, at a CAGR of over 6.03% during the forecast period. Motion controllers are evolving to provide higher intelligence and integration with other control systems, enabling enhanced accuracy, execution of intricate tasks, and optimizing performance and speed. These advanced motion control systems come equipped with advanced connectivity features, facilitating seamless data transfer to SCADA or enterprise networks for real-time process control evaluation. Applications span across various industries, including electrical discharge machines, laser cutting systems, labeling and routing machines, coil winding equipment, glass cutting machines, and coordinate measurement machines. These systems' integrated intelligence and connectivity significantly improve manufacturing efficiency and productivity.

Browse market data tables, figures, and in-depth TOC on “Motion Control Market” by Application (Metal and machinery manufacturing, Packaging and labeling, Robotics, Semiconductor and electronics, Others) Product (Electronic devices, Actuators, AC drives, Motion controllers, Others) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Application, the Metal and machinery manufacturing segment is projected to dominate the market size in 2024

The Motion Control Market represents a significant business opportunity for technology providers, given the increasing demand for automation and precision in manufacturing processes. This market encompasses various technologies such as servo motors, actuators, and control systems, which enable efficient and accurate motion control in industries like automotive, aerospace, and robotics. Market growth is driven by factors including rising production volumes, technological advancements, and the need for flexibility and customization in manufacturing processes. Companies that excel in this domain will reap substantial rewards, as they enable their clients to optimize production, reduce costs, and enhance product quality.

By Product, Electronic devices  segment is expected to hold the largest market size for the year 2024

The Motion Control Market represents a significant business opportunity for technology providers, given the increasing demand for automation and precision in manufacturing processes. Key market drivers include the growing adoption of robotics and automation in various industries, advancements in sensor technology, and the rise of Industry 4.0. Companies that offer innovative motion control solutions, such as servo motors, actuators, and controllers, are poised to capture a larger market share. The market is expected to grow at a steady pace, driven by these trends and the continuous need for improved productivity and efficiency.

APAC is forecasted to hold the largest market size by region in 2024

The Motion Control Market encompasses technologies and systems that manage, control, and automate the movement of mechanical components in various industries. Key players in this sector include Bosch Rexroth, Siemens, and Rockwell Automation. Growth is driven by increasing automation in manufacturing, rising demand for precision and flexibility in production processes, and the integration of Industry 4.0 technologies. The market is expected to reach significant value by 2025.

The Motion Control Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • ABB Ltd.
  • ACS Motion Control Ltd.
  • ADVANCED Motion Controls
  • Aerotech Inc.
  • Beckhoff Automation GmbH and Co. KG
  • Delta Computer Systems Inc.
  • Dover Motion
  • Eaton Corp. Plc
  • Galil Motion Control
  • Kollmorgen Corp.
  • Mitsubishi Electric Corp.
  • Moog Inc.
  • Nanotec Electronic GmbH and Co. KG
  • OMRON Corp.
  • Parker Hannifin Corp.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yaskawa Electric Corp.
.

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Research Analysis Overview

The Motion Control Market is experiencing significant growth due to the increasing adoption of self-organizing factories and the integration of advanced technologies such as remote monitoring, artificial intelligence (AI), robotics, and the Industrial Internet of Things (IIoT). Self-organizing factories enable machines to communicate and coordinate with each other, reducing production downtime and increasing resource utilization. Motion control systems play a crucial role in this digital transformation, providing precise position control for robotic systems and machinery. These systems utilize control algorithms, drives, motors, and sensors to optimize energy consumption and minimize waste. Sensors and feedback systems enable real-time monitoring of production processes, allowing for quick identification and resolution of issues. Remote monitoring capabilities enable factories to operate more efficiently by allowing for proactive maintenance and predictive maintenance, reducing the need for unscheduled downtime. Warehouse automation is another area where motion control systems are making a significant impact, with the use of connected machines and AI enabling faster and more accurate order fulfillment. Energy-efficient solutions are also a key focus in the motion control market, with manufacturers developing smart factories that utilize renewable energy sources and optimize energy usage through advanced control algorithms. Overall, the motion control market is poised for continued growth as more factories adopt automation and digital technologies to increase productivity, improve worker safety, and reduce waste.

Market Research Overview

The Motion Control Market is experiencing significant growth in various industries, particularly in metal cutting applications where precise and efficient control of machinery is crucial. Motion controllers play a vital role in this market, enabling open-loop and closed-loop systems to manage manual controls in industrial robots and automated equipment. The Digital Enterprise era is driving the demand for advanced motion control systems, with autonomous decision-making and self-organizing factories becoming the norm. Real-time data analysis, remote monitoring, and worker safety are key considerations in this context. Renewable energy sources, such as wind and solar power, are also adopting motion control systems, using servo motors and compressor stations for energy efficiency and precision. Modern technologies like AI, digitalization, and the Industrial Internet of Things (IIoT) are transforming motion control systems. Servo drives and variable frequency drives offer energy-efficient solutions for controlling speed and precision in various applications, from logistics and e-commerce to the automotive sector and dosage formulations. Safety is a top priority, with control algorithms and trajectories ensuring accurate target positions and preventing accidents. Communication protocols, sensors, and feedback systems are essential components of advanced motion control systems. The future of motion control lies in smart factories, energy-efficient solutions, and real-time communication.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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