Motion Control Market: Global Industry Analysis And Forecast (2023-2029)

Motion Control Market size was valued at US$ 16.29 Bn. in 2022 and the total Motion Control Market revenue is expected to grow at 6 % from 2023 to 2029, reaching nearly US$ 24.49 Bn.
Motion Control Market Overview:
In order to accomplish work, a motion-control system starts and manages the movement of a load. It has the ability to precisely manage speed, position, and torque. Applications requiring the positioning of a product, the synchronization of several pieces, or the quick start and stop of motion are a few examples of when motion control is used. The controller, drive or amplifier, and motor are the three fundamental parts of a motion control system. The primary factor driving the growth of the motion control market is the rise in the adoption of sophisticated and automated methods for factory automation.



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Motion controllers have developed into a crucial component of the automation sector. These products serve a wide variety of applications in numerous end-use industries all over the world. Owing to the rising reliance of businesses on process and plant automation over the past two decades, motion controllers have seen tremendous growth. Motion controllers were originally created as a separate unit for motion control, but they have now advanced to include PCs and PLCs in their integration (programmable logic controllers). As a result, the use of motion controllers is growing quickly in applications that range from simple automation systems to point-to-point pick and place systems.

Report scope:

A thorough understanding of the complementary and alternative medicine market is what the study is designed to give market players. The study examines the market's past and present conditions as well as expected market size and trends, and it analyses complex data in plain language. Significant actors including new entrants, leaders in the sector, and followers all perform active and thorough research. The study presents the PORTER and PESTEL evaluations as well as the possible consequences of the market's microeconomic components. The analysis of internal and external factors that could have a positive or negative impact on the company will give decision-makers a clear, futuristic vision of the market.

By analyzing market segmentation and projecting market size, the research also helps readers understand the structure and dynamics of the complementary and alternative medicine market. The research serves as a resource for investors with its clear demonstration of the competitive analysis of the top companies in the complementary and alternative medicine sector by price, financial condition, product, product portfolio, growth plans, and regional presence.

To analyse and project the market for unified monitoring, Data on the key suppliers' earnings was the first thing we collected. The market will be segmented, by Type (Open Loop, Closed Loop) by Technology (Pneumatic, Electromechanical Actuation, Hydraulic) by Components (Controller, Actuators & Mechanical Systems, Drives, Motors, Software) by Application (Inspection, Material Handling, Packaging) by Industry Vertical (Manufacturing, Healthcare Automotive) vendors' offerings are taken into account. In-depth interviews with significant individuals, including chief executive officers (CEOs), vice presidents (VPs), directors, and executives were later conducted in order to confirm these divides through primary research.

The size of the market is estimated using bottom-up methodologies. Primary and secondary research is carried out to identify the major market participants in complementary and alternative medicine and to calculate their market revenues. As an alternative to secondary research, which entailed reading the annual and financial reports of the leading manufacturers, primary research involved speaking with important thought leaders and business leaders in the industry, such as CEOs and marketing executives. ABB Ltd., FANUC Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc. Siemens AG. is a few of the top significant competitors in the global Motion Control Market For the duration of the forecast period, To enhance their market shares and growth potential, they constantly strategize about mergers and acquisitions.
Motion Control Market Dynamics:
Market drivers:

Robotics usage in manufacturing plants has significantly expanded. They are used for assembly and inspection work, processing processes, and material handling. Motion control techniques are widely used in robotics to ensure correct operation. Industrial robots are becoming more and more popular as a result of their ability to make manufacturing processes less complex.

Motion control of some kind is a feature that all industrial robots have, and it helps them perform better, cost less, and carry out new functions in production processes. Industrial robots carry out a number of tasks, including palletizing, picking and placing, packaging, and assembling. The motion controller and robot controller need to be interfaced in order to carry out these tasks. Robot motion control frequently involves the use of electronic components such DC motors, servo motors, and motion controllers.

Market restraints:

A motion control system must incorporate several components, which has a direct bearing on how much a machine will cost to replace and maintain. The cost of the spare parts inventory increases with the number of component kinds. Some motors have direct physical contact with the commutator, which increases the cost of replacement. The advantages of using motion control for automation, however, greatly exceed these drawbacks.

Market Opportunities:

Real-time data and information exchange is possible with industrial communication systems. For the communication protocols to be able to plan, priorities, and synchronize the cyclical data exchange between the controller and the field device network, most real-time Ethernet standards demand a specific IP with MAC extensions. Manufacturers are concentrating on creating new variations of motion controllers that may be employed effectively in accordance with fulfil region-, industry-, and application-specific criteria due to quickly expanding industries like medical and semiconductor & electronics.

For brushless DC motors used in motor-driven rollers, Beckhoff, for instance, offers the EP7402 controller. Through zero-pressure accumulation logic in its firmware, programming in the Twin CAT 3 engineering environment, and high-performance Ether CAT industrial Ethernet connectivity, these controllers are employed for the best conveyor control. Therefore, a sizable demand for motion control products and solutions is anticipated as a result of the growing use of modern communications systems.

Market Challenges:

Designing machines that are inexpensive and compact is a problem for OEMs and system integrators. The availability of the components utilized to design the machine has an impact on this problem. Dedicated indexers, PC-based motion controllers or PLCs, stepper or servo motor drives, motors, and accessories like encoders, proximity sensors, cable harnesses, and other related mounting hardware make up a motion control system.

The space available on a manufacturing floor or lab bench increases with machine size, while design complexity increases with machine size. This increases the likelihood that issues will develop and necessitate time for field service personnel to troubleshoot and fix during the initial setup.
Segment Analysis:
Based on Type, The Open Loop segment is expected to grow at the highest CAGR during the forecast period. Open loop control systems are relatively easy to construct and very straightforward. Compared to other control systems, these are far less expensive. An open loop control system is very easy to maintain. In general, open loop systems are up to a certain point stable.

The open-loop control system's key benefits are that it is simple, requires little protection, and operates quickly and affordably. On the other hand, it has the drawbacks of being dependable and having less accuracy.



Based on Technology, The Pneumatic segment is expected to grow at the highest CAGR during the forecast period. By compressing ambient air, pneumatic actuators provide a mechanical motion to an application. Applications serving a range of purposes, including those housed within applications that work in potentially explosive situations, are well suited for these devices. Here are the top 5 reasons why a plant manager should choose a pneumatic actuator over other options. High Durability, High Reliability, Clean Technology, and Cost Effective Movement with High Force and Speed.

Based on Components, The Controller segment is expected to grow at the highest CAGR during the forecast period. The packaging business has always included motion control in some capacity. It mostly functions in palletizing. To facilitate transportation, boxes are stacked one on top of the other using forklifts. One of the difficulties is arranging the boxes on a solid, interconnected framework. A customizable programme feature on a motion control system successfully aids in the palletizing process.

The design, production, and distribution of yarn, fabric, and apparel are the primary objectives of the textile business. The industry makes use of a variety of high-quality fabric manufacturing tools. Motion control for textile machines paves the way for production synchronization, speedy changeover, and dependability. Another booming sector of the economy is 3D printing, which creates three-dimensional products from computer-aided design models. It includes a range of industries, including electronics, education, and architecture and construction. Motion control in a 3D printer aids in precisely integrating many axes, developing the accuracy of printing mechanisms, decreasing noise, and ensuring that prints are completed more quickly.

Based on Application, The Inspection segment is expected to grow at the highest CAGR during the forecast period. The benefits provided by the inspection segment for the motion control market is Greater productivity, Faster application development, Easier maintenance, Lower system costs, Increased stability and improved dynamics, Significantly improved tension control accuracy, Improved draw control precision and repeatability.

Based on Industry Vertical, The Automotive segment is expected to grow at the highest CAGR during the forecast period. Fundamentally, motion control is a branch of automation that deals with the controlled movement of particular machine components. This is especially useful in situations like production lines, when movement speed, efficiency, and precision are crucial. A motion control system makes it possible for a machine to move, but more significantly, it guarantees that it can stop.
Regional Insights:
During the forecast period, Asia Pacific is expected to have the greatest market for motion control. Motion control products market growth in Asia Pacific is attributed to a number of factors, including the use of customized robots for various applications, high growth in machine tool production, and other industries involved in the production of smartphones and cars, such as semiconductor machinery and electronics assembly. The largest motion control markets in the Asia Pacific region are China, Japan, and India.

These nations have a sizable market and room to grow their motion control industries. Yaskawa Electric Corporation (Japan), OMRON Corporation (Japan), and Mitsubishi Electric Corporation are a few of the major companies in the motion control sector in Asia Pacific (Japan). There are a lot of small and mid-sized businesses in the countries in the Asia Pacific market that this study is focused on (SMEs). The manufacturing sectors in the area, however, had suffered during the COVID-19 outbreak. Production has been constrained by industry players due to social distance norms and poor product demand. Additionally, the sales of motion control products have decreased as a result of the export limitations on goods. The COVID-19 pandemic in 2020 had a negative impact on the entire region because the neighbouring nations are connected through commerce and supply lines.
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Global Motion Control Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 16.29 Bn.


Forecast Period 2023 to 2029 CAGR:
6 %
Market Size in 2029:
US $ 24.49 Bn.


 Segments Covered:
by Type
Open Loop
Closed Loop


by Technology
Pneumatic
Electromechanical Actuation
Hydraulic


by Components
Inspection
Material Handling
Packaging


by Technology
Inspection
Material Handling
Packaging


by Application Vertical
Automotive
Manufacturing
Healthcare



Motion Control Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
Motion Control Market Key Players
1. ABB Ltd.
2. FANUC Corporation
3. Parker Hannifin Corporation
4. Rockwell Automation, Inc.
5. Siemens AG
6. Yaskawa Electric Corporation
7. Mitsubishi Electric Corporation
8. Robert Bosch GmbH
9. Altra Industrial Motion Corp.
10. Novanta Inc.
11. Emerson Electric Co,
12. Schneider Electric Se
13. Stmicroelectronics
14. Mks Instruments Inc.
15. Motion Control Corporation
16. Estun Automation Co.Ltd,
17. Amtek.Inc.,
18. Powertec Industrial Motors, Inc.,
19. Dover Motion,
20. Omron Corporation
21. Delta Electronics

FAQs:

1. Which is the potential market for the Motion Control Market in terms of the region?
Ans. In Asia Pacific region, the growing business and educational sectors are expected to help drive the use of collaborative screens.

2. What are the opportunities for new market entrants?
Ans. The key opportunity in the market is new initiatives from governments that provide funding for Motion Control Markets in educational institutes

3. What is expected to drive the growth of the Motion Control Market in the forecast period?
Ans. A major driver in the Motion Control Market is the prevalence of work from home and remote collaboration created by the COVID-19 pandemic

4. What is the projected market size & growth rate of the Motion Control Market?
Ans. Motion Control Market size was valued at US$ 16.29 Billion in 2022 and the total Motion Control Market revenue is expected to grow at 6 % through 2023 to 2029, reaching nearly US$ 24.49 Billion.

5. What segments are covered in the Motion Control Market report?
Ans. The segments covered are Type, Technology, Components, Application, Industry Vertical and region.