Increase in Automation Activities Expected to Drive Motion Control Market over the Forecast Period: Ken Research

Motion control is considered as a key fundamental technological foundation of industrial robots. It initiates & controls the movement of a load to perform work. It is capable of precise position, speed, and torque control. It is comprised of three basic components: drive or amplifier, controller, and motor. Motion controls is used for positioning of a product, synchronization of separate elements, and rapid start & stop of motion. It may be closed loop or open loop. In open loop systems, the controller sends a command through an amplifier to the prime mover or actuator.

Global Motion Control MarketAccording to study, “Motion Control Market, By Technology (Pneumatic,Electromechanical Actuation, Hydraulic), By Components (Controller, Drives, Motors, Software), By Application (Inspection, Material handling, Packaging), By Industry (Manufacturing, Healthcare, Automotive) – Forecast 2018-2023” the key companies operating in the motion control market are Parker Hannifin Corporation, Estun Automation Co. Ltd., STMicroelectronics N.V, Emerson Electric Co, AMETEK, Inc., Siemens AG, MKS instruments Inc., Schneider Electric SE, Rockwell Automation Inc., Altra Industrial Motion Corporation, Dover Motion, Bosch Rexroth AG, Eaton Corporation PLC, Moog Inc., Mitsubishi Electric Corporation, Kollmorgen, Schneider Electric SE, Yaskawa Electric Corporation, ABB Group. Key manufacturers are focusing on new product promotions & developments to boost their product offerings & increase their business.

Based on component, motion control market is segmented into actuators & mechanical systems, electric drives, AC motors, controller, sensors & feedback devices and software. Actuators & mechanical systems include rotation & tilt actuators & mechanical system, linear actuators & mechanical system and alignment actuators & mechanical system. Based on technology, market is segmented into electromechanical actuation, pneumatic, and hydraulic. Based on application, market is segmented into inspection, packaging, material handling, robotics and others. Packaging involves number of applications for instance sealing, case packing, bundling, labeling, shrinking wrappers, and indexing tables of products. In addition, based on end-use industry, market is segmented into healthcare, aerospace & defense, automotive, semiconductor & electronics, oil & gas and others.

The motion control market is driven by growth in awareness of advanced & automated process for factory component, followed by growth in production of smartphones & automobiles, rise in numbers of projects by manufacturing companies, ease of use & integration of components within motion control systems and growth in demand for industrial robots in manufacturing processes. However, high replacement & maintenance cost, lack of skilled manpower in automation field and complexity in a motion control machine may impact the market. Moreover, integration of motion control systems with PLC & HMI is a key opportunity for market.

Based on geography, the Asian-pacific region holds major share in motion control market owing to increase in automation activities and growth in demand for automatic textile machinery & high-level medical equipment in the region. The North-American and European regions are anticipated to witness substantial growth due to rise in support from government over the forecast period. It is predicted that the market will be reached at quick speed on account of rise in safety-enabled productivity in industries and increase in machine tool production during the forecast period. The global market is probable to reach approximately US $21.75 billion by 2023, registering a CAGR of 7.09% throughout the forecast period.

To know more, click on the link below:-

Global Motion Control Market Research Report

Related Reports:

Motion Controllers Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Power Transmission and Motion Control Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

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