Motion Control Market - Historical Analysis, Current Scenario and the Potential of the Market 2022

Market Scenario:

Motion control is an industrial process which is also defined as servo control or robotics, used in the movement of specific load from one place to another in the controlled fashion. This process is equipped with various hardware equipment’s such as motors, sensors, drives, control units and a software. Growing industrialization and high adoption of automation in the industrial process is driving the market of motion control whereas the high deployment cost and lack of availability of professionals are some of the major restraints of the market. The global market of motion control is expected to grow at CAGR of ~6% during the forecast year and expected to reach at market size of US ~$22 billion by the end of forecast period.

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Key Players

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.

Segments:

The Global Motion Control Market has been segmented on the basis of technology, components, application and industry. By Technology, market includes- Pneumatic, Hydraulic, and Electromechanical Actuation. By Components, the market has been derived as- Controller, Drives, Motors, and Software among others. Application of motion control includes- Inspection, Material handling, Packaging among others whereas the industry includes- Manufacturing, Healthcare, Automotive, Aerospace & Defense, Oil & Gas, and Robotics among others.

Regional Analysis

Asia-Pacific is dominating the market of Motion Control due to the strong presence of manufacturing companies in China, Japan and South Korea. Growing economy of Asian countries are also playing major role in the development of motion control market. Europe stands as second biggest followed by North America. North America motion control market is majorly driven by the factors such as high consumption of electronic equipment and rich presence of healthcare industry.

Intended Audience

• OEMs
• Automation Service Providers
• Motion Control Distributors
• Technology Provides
• Sensor Manufacturers
• Connectivity Providers

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TABLE OF CONTENTS

List of Figures

FIGURE 1 GLOBAL MOTION CONTROL MARKET: MARKET STRUCTURE

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 DROC ANALYSIS OF GLOBAL MOTION CONTROL MARKET

FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL MOTION CONTROL MARKET

FIGURE 5 GLOBAL MOTION CONTROL MARKET, BY COMPONENT, 2017 TO 2023 (USD MILLION)

FIGURE 6 GLOBAL MOTION CONTROL MARKET, BY ACTUATORS & MECHANICAL SYSTEMS, 2017 TO 2023 (USD MILLION)

FIGURE 7 GLOBAL MOTION CONTROL MARKET, BY TECHNOLOGY, 2017 TO 2023 (USD MILLION)

FIGURE 8 GLOBAL MOTION CONTROL MARKET, BY APPLICATION, 2017 TO 2023 (USD MILLION)

FIGURE 9 GLOBAL MOTION CONTROL MARKET, BY INDUSTRY, 2017 TO 2023 (USD MILLION)

FIGURE 10 GLOBAL MOTION CONTROL MARKET, BY REGION, 2017 TO 2023 (USD MILLION) 45

FIGURE 11 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2017 TO 2023 (USD MILLION)

FIGURE 12 NORTH AMERICA MOTION CONTROL MARKET, BY COMPONENT, 2017-2023 (USD MILLION)

FIGURE 13 NORTH AMERICA MOTION CONTROL MARKET, BY ACTUATORS & MECHANICAL SYSTEMS, 2017-2023 (USD MILLION)

FIGURE 14 NORTH AMERICA MOTION CONTROL MARKET, BY TECHNOLOGY, 2017-2023 (USD MILLION)

FIGURE 15 NORTH AMERICA MOTION CONTROL MARKET, BY APPLICATION, 2017-2023 (USD MILLION)

FIGURE 16 NORTH AMERICA MOTION CONTROL MARKET, BY INDUSTRY, 2017-2023 (USD MILLION)

FIGURE 17 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2017 TO 2023 (USD MILLION)

FIGURE 18 EUROPE MOTION CONTROL MARKET, BY COMPONENT, 2017-2023 (USD MILLION)

FIGURE 19 EUROPE MOTION CONTROL MARKET, BY ACTUATORS & MECHANICAL SYSTEMS, 2017-2023 (USD MILLION)

FIGURE 20 EUROPE MOTION CONTROL MARKET, BY TECHNOLOGY, 2017-2023 (USD MILLION)

FIGURE 21 EUROPE MOTION CONTROL MARKET, BY APPLICATION, 2017-2023 (USD MILLION)

FIGURE 22 EUROPE MOTION CONTROL MARKET, BY INDUSTRY, 2017-2023 (USD MILLION) 62

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Ma