Motion Control Market Research Report—Global Forecast till 2030

Motion Control Market: Information By Component (Actuators & Mechanical Systems, Motion Controllers, Electric Drives, AC Motors, Sensors & Feedback Devices, and Others), Technology (Pneumatic, Hydraulic, and Electromechanical Actuation), Application (Inspection, Material Handling, Packaging, Robotics, and Others), Industry (Metals & Machinery Manufacturing, Healthcare, Automotive, Aerospace & Defense, Oil & Gas, Semiconductor & Electronics, and Others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South Ame...

ID: MRFR/SEM/1397-CR | June 2022 | Region: Global | 100 Pages         

Motion Control Market

The Global Motion Control Market is estimated to register a CAGR of 6.4 % to reach USD 25,483.6 Million by the end of 2030.

Segmentation

By Component Actuators & Mechanical Systems Motion Controllers Electric Drives Ac Motors Sensors & Feedback Devices
By Technology Pneumatic Hydraulic And Electromechanical Actuation
By Application Inspection Material Handling Packaging Robotics
By Industry Metals & Machinery Manufacturing Healthcare Automotive Aerospace & Defense Oil & Gas Semiconductor & Electronics

Key Players

  • ABB Group
  • Siemens AG
  • Emerson Electric Co
  • Schneider Electric
  • Rockwell Automation Inc
  • Parker Hannifin Corporation
  • STM Microelectronics
  • MKS Instruments Inc.
  • Motion Control Corporation
  • Estun Automation Co. Ltd
  • AMETEK Advanced Motion Solutions
  • Powertec Industrial Motors Inc
  • Dover Motion
  • Omron
  • and Delta Electronics

Drivers

  • Rising adoption of industrial robots in manufacturing industries
  • The continuing need for greater throughput and reduced costs
Speak to Analyst Request a Free Sample

Motion Control Market Overview:


The Global Motion Control Market is estimated to register a CAGR of 6.4 % to reach USD 25,483.6 Million by the end of 2030.


A Motion Control is a structure which uses automated processes, to automatically control various building operations such as air conditioning, heating, security, energy management, ventilation, and other systems. Motion Controls are equipped with various types of smart devices and electronic components such as sensors, microchips, microcontrollers, and microprocessors to collect and process relevant data and manage it to control automatic operations of the building.


COVID-19 Impact vs  Opportunities for Global Motion Control Market:


COVID-19 is creating economic hardships for enterprises, consumers, and commodity manufacturers across the globe. While several companies have maintained continuity through plans meant initially for natural disasters, the other manufacturers face the threat of bankruptcy due to the declining demand from consumers, debt obligations, and declining production and revenues. Many manufacturers are implementing cross-industry manufacturing of medical and healthcare equipment to sustain the production and overall turnover of the manufacturing unit. The worst-hit industries include oil & gas, coal products, textile, metal, and machinery.


PLCs have long been a machine control industry standard. They range in size and function from the most basic ladder logic instruction set to multi-function complex units that can give many control modes ranging from essential control to process control and even motion control.


Motion Control Market Dynamics:



  • Drivers:


Rising adoption of industrial robots in manufacturing industries. The continuing need for greater throughput and reduced costs has forced the manufacturers to adopt automation and Industry 4.0 solutions to enhance their efficiency. Automation is mainly know for using machines to reduce work performed by humans. The technology has become associated with electromechanical systems programmed to perform many types of processes. The main goal of the manufacturers is to drive greater efficiency by either increasing production capacity or reducing costs, often both. Automation in the manufacturing industry is growing and continues to shape the factory floor.



  • Opportunities:


Integration with PLC and HMI devices. The growth of HMI-PLC combo units is due to this mixing of functions. PLCs have some form of basic interface, whereas HMIs have grown to include some basic control capabilities. Separate HMI and PLC units were employed in traditional machine control. HMI-PLC units combine two industrially hardened devices into a single housing. In addition to many control capabilities, most HMI-PLC combination systems include essential functions like data logging, charting, setting alerts, and trend monitoring. They can even serve as a web server.



  • Restraint:


High replacement and maintenance cost. The installation of automated and robotics parts to develop systems is an expensive business proposition. It has complicated operations as it features many software and hardware such as sensors, video cameras, and other accessories for analyzing the distances, payload, weights, depth, and other activities involved in operations. The operational cost of motion control systems depends on various factors, such as incorporating advanced technologies and part types.



  • Value Chain Analysis


The global motion control market supply chain has evolved from a conventional approach to highly efficient supply chain processes. The supply chain for the global market comprises the stages of design & development, component supply, assemblers, and end user.


Segment Overview


The global motion control market has been segmented on the basis of component, technology, application, industry, and region.


The global market, based on component, motion control market is segmented into actuators & mechanical systems, motion controllers, electric drives, ac motors, sensors & feedback devices, and others. The motion controllers segment accounted for the largest market share in 2021 and is estimated to register a CAGR of 6.4% during the review period.


The global motion control market, based on technology, is mainly known market is segmented into Pneumatic, Hydraulic, and Electromechanical Actuation. The electromechanical actuation segment is expected to garner high revenue growth in the coming 10 years.


The global market, based on application, motion control market is segmented into Inspection, Material Handling, Packaging, Robotics, and Others.


The global motion control market, based on industry, market is segmented into Metals & Machinery Manufacturing, Healthcare, Automotive, Aerospace & Defense, Oil & Gas, Semiconductor & Electronics, and Others.


The global motion control market, based on region is bifurcated into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.


Regional Analysis


The global motion control market has been studied across Asia-Pacific, North America, Europe, Middle East & Africa, and South America. Asia-Pacific led the Global Motion Control Industry in 2021, whereas the market in Asia-Pacific is expected to register the highest CAGR during the forecast period Furthermore, the North American market is expanding due to the increased need for manufacturing automation. The region's demand for this market is likely to be driven by the growing need for increased operational efficiency, higher reliability, and new technological breakthroughs.


The motion control market has been positively impacted in Europe by expanding automobile production plants and rising demand for healthcare equipment in the healthcare industry. Companies are increasingly turning to industrial automation services to meet the demand for new and enhanced products and services. The growing demand for manufacturing process automation is accelerating the market's expansion.


Competitive Landscape


The market for motion control has been witnessing significant growth over the forecast period owing to the rising adoption of industrial robots in the manufacturing industry and increasing awareness of advanced and automated processes for factory components. Several local, regional, and global players in the motion control market continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the global motion control market who have contributed to the market growth. These include ABB Group, Siemens AG, Emerson Electric Co, Schneider Electric, Rockwell Automation Inc, Parker Hannifin Corporation, STM Microelectronics, MKS Instruments Inc., Motion Control Corporation, Estun Automation Co., Ltd, AMETEK Advanced Motion Solutions, Powertec Industrial Motors Inc, Dover Motion, Omron, and Delta Electronics.


Recent Developments


Schneider Electric Motion had released a new Automation Library for control of industrial devices and motion control components over Profinet networks. The library add-on instructions (AOI) enhance the capabilities of Schneider Electric Motion's Lexium MDrive (LMD) products by providing executable code blocks to speed interface with popular Profinet PLCs.


Estun Automation co., ltd launched motion control for circular blade die cutter machine. The company launched TRIO MC664 Controller. The controller is available in different sizes and can handle 5000 RPM and support torque up to 3 times the declared torque.


Report Overview


As per MRFR, the global market has been growing significantly over the past few years. The global motion control market has been segmented on the basis of component, technology, application, industry, and region. Based on region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Objective of the Study



  • To provide a comprehensive analysis of the Motion control market and its sub-segments in the global market, thereby providing a detailed structure of the industry

  • To provide detailed insights into factors driving and restraining the growth of the global motion control market

  • To estimate the market size of the global market, where 2018-2020 would be the historical period, 2021 shall be the base year, and 2022 to 2030 will be the forecast period for the study

  • To analyze the global motion control market in regions, North America, Europe, Asia-Pacific, Rest of the World, Middle East & Africa, and South America

  • To provide region-wise market value analysis for various segments of the global Motion control market

  • To provide strategic profiling of key companies present across the region and comprehensively analyze their competitiveness/competitive landscape in this market

  • To provide a value chain for the global motion control market


Scope of the Report


The scope of the global motion control market study includes the market size analysis and a detailed analysis of the vendor's products and strategies. The market has been segmented based on component, technology, application, industry, and region.


Intended Audience



  • Semi-Conductor Industry

  • Robotics Industry

  • Construction Industry

  • Industry Automation

  • Technology Investors

  • Regulatory Industries

  • Government Bodies


 



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 25,483.6 Million
  CAGR   6.4% CAGR (2021-2030)
  Base Year    2021
  Forecast Period   2022-2030
  Historical Data   2018-2020
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Component, Technology, Application, Industry and Region
  Geographies Covered    North America, Europe, Asia-Pacific, Middle East & Africa, and South America
  Key Vendors   Abb Group, Siemens Ag, Emerson Electric Co, Schneider Electric Se, Rockwell Automation Inc, Parker Hannifin Corporation, Stmicroelectronics, Mks Instruments Inc., Motion Control Corporation, Estun Automation Co., Ltd, Amtek.Inc., Powertec Industrial Motors, Inc., Dover Motion, Omron Corporation and Delta Electronics
  Key Market Opportunities   Integration with PLC and HMI devices
  Key Market Drivers   Rising adoption of industrial robots in manufacturing industries


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

The motion controllers segment is expected to drive the market during the forecasted period.

The global motion controlmarket has been growing rapidly from the past few decades and is expected to reach USD 25,483.6 million by 2030, at a CAGR of 6.4 % during the forecast period.

ABB Group, Siemens Ag, Emerson Electric Co, Schneider Electric Se, Rockwell Automation Inc, Parker Hannifin Corporation, Stmicroelectronics, Mks Instruments Inc., Motion Control Corporation, Estun Automation Co., Ltd, Amtek.Inc., Powertec Industrial Motors, Inc., Dover Motion, Omron Corporation And Delta Electronics are expected to be the major competition in the motion control market during the projected period.

The Asia Pacific region is expected to be the largest market for motion control market during the forecast period.

High initial cost may slow the growth of the motion control market during the forecast period.