Motion Control Market Research Report- Forecast 2027

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 2020-2027

ID: MRFR/SEM/1397-CR | October 2018 | Region: Global | 110 pages

Motion Control Market Overview


The CAGR for the global motion control market is 7.09%. This started in 2018 and should continue until 2023. Growth and revenue generation in this market should remain high for the five years that this report analyzes.


Robots are now used heavily in the industry now that smart manufacturing is popular in Western nations. Plant owners want and need workers who can perform repetitive and/or dangerous tasks easily and without any chance of being hurt while on the job.


COVID-19 Analysis


COVID-19 is a new virus that can sometimes be dangerous. It can also be deadly but this is extremely rare. Governments observed this last year and imposed temporary quarantines and lockdowns to try to stop or at least slow down the spread of the virus. This had limited success.


Many industries and markets were forced to shut down completely or slow production down dramatically at least temporarily. Many markets and industries were negatively affected. The global motion control market was no exception. Because many of the industries that use smart robots in manufacturing shut down or slowed operations down demand for motion control devices dropped dramatically. This forced many motion control manufacturers out of business. Many motion control manufacturers also found the raw materials needed to make motion-controlled devices and technologies in short supply because the companies that made these were forced to stop or slow down production at least temporarily.


Market Dynamics


Drivers


One of the key factors that are driving growth of motion control market is the fact that smart manufacturing is becoming the norm around the world as many countries industrialize and develop their economies. The West is no longer the only place where smart manufacturing is found. This is creating immense demand for better motion control manufacturing technologies and products.


Many businesses in the healthcare, automotive, and aerospace sectors are finding that motion control technologies and products are helping them become and stay competitive!


Motion control technologies and products also help these companies produce much more. This translates into more sales and revenue streams for them. Already many companies in many industries are realizing this. That’s why they’re using these devices and technologies much more often in their manufacturing and other operations. Some of the industries that use motion-controlled devices and technologies intensively are electronics, semiconductors, food, beverage, automotive, and chemical.


Companies around the world are also growing increasingly concerned about the health and safety of their workers. There are many aspects to heavy smart manufacturing that can put workers in danger and make them permanently sick and/or disabled. Motion-controlled robots and related technologies are not living so they don’t have those problems. Companies are choosing to protect their workers by using motion-controlled robots and related technologies more often in smart manufacturing.


Companies are also finding that integrating motion-controlled robots and technologies with the Internet of Things (IoT) devices makes these devices function better and more efficiently.


Opportunities


Many manufacturers in the motion control market are remaining financially viable in the Post COVID-19 world by investing heavily in research and development. They are finding that this allows them to come up with the next generation of robotic technologies and products that are faster, more productive, smarter, and have a wider and more innovative range of applications.


We are also now in the digital era and the age of unlimited knowledge and information. This easy access to more and improved technology and information ushered in the fourth industrial revolution. Knowledge and brainpower replaced brute strength as the primary means of operation in this revolution.


Companies that engaged heavily in the fourth revolution of manufacturing needed smart aides to help them become and remain competitive. They found this solution in the form of (smart) motion-controlled devices and technologies. They find that this increases their production by making it easier for their existing equipment to make a wider range of products.


Restraints


The fact that motion control technologies tend to be very expensive is holding growth in the motion control market back somewhat. The same is true of repairing, maintaining, and finding spare/replacement parts for these devices. These devices tend to require many large and specialized components. This drives the cost of maintaining them up significantly.


Challenges


A key challenge that manufacturers in the motion control market face lie in making more effective and productive smart robots while keeping the cost of these technologies in the affordable range for consumers.


Cumulative growth analysis


The CAGR for the motion control market is 7.9% until 2023.


Technology analysis


Rockwell Automation is a major American company. It has managed to create and sustain a superior position in the motion control market by investing heavily in research and development. It has managed to develop a new generation of technologies that are more productive and have more innovative uses and applications.


Segment overview


By component


The motion control market can be grouped into the following based on the component:



  • Actuators and mechanical systems

  • Motors

  • Motion controllers

  • Drives

  • Sensors and feedback devices

  • Software and services


By System


The motion control market can be grouped into the following based on a system:



  • Open-loop

  • Closed-loop


By Industry


The motion control market can be grouped into the following based on industry:



  • Automotive

  • Semiconductor and electronics

  • Aerospace and defense

  • Metal and manufacturing of heavy machinery

  • Pharma

  • Cosmetics

  • Medical

  • Printing and paper

  • Others


By Region


The motion control market can be grouped into the following regions:



  • North America

  • The European Union

  • Asia-Pacific

  • The rest of the world


Regional analysis


The Asia-Pacific region is expected to have the highest regional CAGR for the time period that Motion Control Market Report analyzes. The main reason why is because the entire region is either highly industrialized or is industrializing rapidly. For example, the demand for motion control robots and other devices is high in Japan because it has a large number of manufacturing companies, especially in the electronics industry.


India and China are two nations that are industrializing rapidly. These two nations are heavyweights in terms of population size and growth and economic size and growth. The demand for motion control devices and technologies will remain high for the forecasted time period because both nations are starting to get into smart manufacturing.


Companies in India, China, and other nations in the Asia-Pacific region also need motors that operate quickly and with complete accuracy. This is another factor which is accounting for the high CAGR in the region. India and China also are entering the renewables market. The demand for devices and technologies that are highly productive while consuming as little energy as possible is another factor that is driving the high CAGR in the region.


Some of the value-added items that need smart robots that India and (especially) China manufacturers include:  machine tools, smartphones, and cars. There are a lot of parts that need to be assembled while manufacturing these items. These include putting electronics parts together, manufacturing semiconductor machinery, and making smart and customized robots to be used in various specific manufacturing operations and/or processes.


Competitive landscape


The motion control market remains highly competitive. There may be some barriers to entry. That said, the fact that the market is lucrative does not deter companies from entering the market. Far from it, companies are enticed to enter the market precisely because of the high margins that they can get by selling motion control products and technologies.


There are three ways that companies can continue to remain competitive in the motion control market:



  • Do research and development

  • Enter into strategic partnerships

  • Merge with/acquire other successful companies.


Companies that do research and development investments in their futures and increase the scope of their product horizons. Research and development allow them to continue to develop and market newer generations of motion control products and technologies that are more efficient and productive than previous generations. It also allows them to justify charging more for these products and technologies.


Companies that enter into strategic partnerships increase their financial and human resources. They are thus able to do more intensive and extensive research and development. Not only can they develop better technologies and products that are more productive but they have access to larger advertising budgets. This allows them to market these products and technologies better. It also allows them to justify charging more for these.


Mergers and acquisitions with other successful companies accomplish the same thing that strategic partnerships do. It is interesting to note that it also allows these companies to have better success when entering new markets. They are in a better position to strengthen their positions and expand their customer bases in existing markets.


ABB Group is a successful company in Switzerland. It prides itself on being the leader in digital technologies. This includes motion control technologies. However, becoming an industry leader did not happen overnight. ABB Group invested heavily in research and development. It was, therefore, able to develop newer and more innovative/productive motion control technologies and products.


List of companies



  • Siemens AG - Germany

  • Scheider Electric - France

  • Rockwell Automation - America

  • STM Microelectronics - Switzerland

  • Motion Control Corporation - America

  • Emerson Electric, Co. - America

  • MKS Instruments, Inc. - America

  • Parker Hannifin Corporation - America

  • Eustin Company Limited - Malta

  • Ametek Advanced motor solutions - America


Recent developments



  • Rockwell recently acquired ASEM. The objective was to help Rockwell strengthen its position in existing markets.

  • SIMATIC Motor Company recently launched a new product in an attempt to strengthen its sustainable competitive advantage.


Report Overview


The motion control market is growing at a CAGR of 7.09% for the next two years. Growth and demand are expected to be strong in the Asia-Pacific region.



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   7.09%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Components, Application, Industry
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Siemens AG, ABB Group, Schneider Electric, Rockwell Automation, Inc., STM Microelectronics, Motion Control Corporation, Emerson Electric Co., MKS Instruments Inc., Parker Hannifin Corporation, Estun Automation Co., Ltd. AMETEK Advanced Motion Solution
  Key Market Opportunities   Manufacturing facilities in countries such China, Japan and Indian are being upgraded to international standards.
  Key Market Drivers

  • Rising adoption of Industrial robots in manufacturing industries.
  • Increasing awareness of advanced and automated process for factory component.


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    Frequently Asked Questions (FAQ) :


    The growth course of motion control market is from 2018 to 2023, as per the studies.

    The regions such as AG, ABB Group, Schneider Electric are top 3 companies contributing to the market’s growth.

    The global motion control market is set to grow at a CAGR of 7.09% during the growth phase.

    The segments are component, technology, application, and industry studied in the growth course of the global motion control market.

    Asia Pacific region can flourish the global motion control market’s growth in the future

    The global motion control market is characterized by the presence of many global, regional, and local providers


    According to MRFR analysis, Siemens AG. is currently leading the motion control market in terms of market share. Siemens is engaged in the production and supply of systems for power generation, power transmission, and medical diagnosis. The company offers a wide product portfolio of motion control system components which includes motors drives and control systems. SIMOTION, a motion control system by Siemens, offers a high-end hardware platform with scalable software which supports object-oriented programming (OOP), open platform communication unified architecture (OPC UA) communication protocol, as well as user program tests. SIMOTION, due to its flexibility, is adopted across a wide range of applications such as packaging, plastics, glass, woodworking, metal forming, textile industry, printing industry, converting and general machinery construction. Siemens’ extensive R&D, customer support services, and IT products & services aim to increase its sales and customer base to maintain market position.


    AMETEK Advanced Motion Solutions has occupied the second position in the global motion control market. AMETEK is a leading manufacturer of electronic instruments and electromechanical devices. The company offers motion control actuators, motors and linear control which are used for wide range of industrial automation applications such as factory equipment, office machines, laboratory equipment, transportation, packaging, and printing equipment among others. The company also offers customizable solutions according to customer requirement. The company has a strong customer base and is focused on developing a diverse product portfolio to maintain a strong market position.


    Parker Hannifin Corporation has currently occupied the third position in the global motion control market. Parker Hannifin manufactures and markets motion and control technology systems. The company has industry experience of more than a century. The company offers electromechanical, hydraulic as well as pneumatic control system for defense, life science, mining, oil & gas, and power industries. PACIO, a remote I/O system used in integration with Parker automation controller and EthernetCAT E-bus, offers remote control and monitoring, short circuit protection, compact design, and error and status display. These features ensure optimal adaptability of the system in various industrial applications. Parker Hannifin’s product portfolio transformation and business realignment by acquisitions help in maintaining its market position.


    Rockwell Automation, Inc. has currently occupied the fourth position in the global motion market. The company provides industrial automation and information solutions across the globe. The company offers industrial motion products, software, as well as modular track systems. iTrack, an intelligent tracking system offers easy integration, is scalable and modular system with lower maintenance and reduced downtime which makes it ideal for case packing, pouching, carton filling, collating, device assembly, and life science applications. Rockwell Automation’s skilled expertise focuses on research and development of innovative products for its customer to increase the market share, customer base, and maintain the market position.


    Schneider Electric has currently occupied the fifth position in the global motion control market. Schneider Electric is a global provider of energy management and automation solutions. The company offers an extensive product portfolio which includes sensors, motion systems, remote control, and process control among others. Lexium MDrive, a robust stepper motor — Pluggable Style connectors which offers easy connectivity, integrated motion control, and reduced cabling. The product has easy integration capability, compact design, and low system cost. These features of the product make it widely adopted for rugged industrial applications.


    STMicroelectronics has occupied the sixth position in the global motion control market. The company manufactures semiconductor products. STM32, motion control solution offered by STMicroelectronics offers ST Motor Control Workbench which includes user-friendly graphical interface and software development kits (SDKs) to provide easy configuration and interactive displays. STMicroelectronics is committed to motor control segment for more than 20 years with high technical expertise. The company has presence in 35 countries with 80 marketing & sales offices which offers easy access to its product to increase customer base and maintain its market position.

    Motion control systems are ubiquitous in their applications, and advancements in technology have only lent to their further development. The global motion control market was observed to have generated a market value of USD 14.67 Bn in 2017 and is projected to appreciate at a CAGR of 7.09% during the review period of 2018 to 2023, which will likely result in an estimated market value of USD 21.75 Bn. this projects an optimistic outlook for the market over the forecast period.


    Industrial robots are increasingly being adopted in manufacturing processes across a variety of industry verticals. This is primarily due to the advent of Industry 4.0. Industrial robots offer many benefits in mass production as they are customizable and offer flexibility in the simplification of complex manufacturing processes. Industrial robots are now being used for production, fabrication, object movement, packaging, labeling, and several others. This allows the accurate position of objects during production and also reduces human error while maximizing production output. Motion control systems are a vital part of these industrial robots as they assist in controlling machinery and ensuring optimization of manufacturing processes for efficient use of all resources. With high competition in the manufacturing sector is has become important gain competitive advantage via accelerated productivity. Factory automation offers a variety of benefits in terms of efficiency of complex operations. Automated systems have intelligent control, are energy efficient, and reduce labor costs, thus offering overall cost efficiency. Emerging technologies such as Industry 4.0 and 5G connectivity integrated with IoT in factory automation will likely have a significant impact on the growth of the market.


    Motion control devices are used primarily in automotive and other segments where heavy machinery is used in manufacturing. The technology used is complex and requires consistent maintenance. Costs of maintenance and replacement of defective components are high and as such challenge the growth of the market. In the adoption of automated manufacturing machinery, compliance and safety regulations are stringently followed, making high maintenance costs unavoidable. However, Integrated logic control (PLC) and human-machine interface (HMI) has advanced and is increasingly being integrated with motion control systems. Integration offers remote control and monitoring, reduction in operational cost and makes communication easy. This is likely to yield opportunities for the growth of the market over the forecast period.


    The global motion market has been segmented in the report by component, technology, application, industry, and region. Components in a motion control system are segmented into motion controllers, electric drives, actuators & mechanical systems, AC motors, sensors & feedback, and others. The motion controllers segment accounts for the highest market value, while the AC Motors segment is likely to grow at the highest CAGR of 10.14% during the forecast period.


    The technology used in motors systems broadly include pneumatic, hydraulic, and electromechanical actuation. Valued at USD 6.32 Bn in 2017, the electromechanical actuation segment dominated the global market and is expected to register rapid growth at the highest CAGR of 8.29%.


    Applications of motion control systems can be found in inspection, material handling, packaging, robotics, and others. The robotics segment is growing with the highest CAGR of 9% during the review period due to the increasing adoption of industrial robots. Applications in packing account for the lion’s share of the market and will appreciate reaching a market value of XX


    Industries, where motion control systems are employed, include automotive, healthcare, metals & machinery manufacturing, oil & gas, semiconductor & electronics, aerospace & defense, and others. Metals & machinery manufacturing presently have the largest segmental share of the market due to the use of motor controller systems in robotics to minimize human error and make the processes safer while increasing operational efficiency. Meanwhile, the semiconductor & electronics industry will grow at a promising CAGR of 10.39% during the forecast period. 


    Regional Analysis


    The report’s regional analysis divides the market into North America, Asia Pacific, Europe, and the Rest of the World. The Asia Pacific has the most significant share of the global market while Europe and North America have the second and third largest shares respectively. The Asia Pacific has established itself as a manufacturing hub and is home to many industrial units for both local and international market players. Increasing demand for high-level automation of equipment, robust investments in robotics, and a high demand for industrial automation in food-processing and other manufacturing industries are expected to drive the growth of the APAC market.


    Europe has been observed to have a high use of motion control systems in the automotive industry to encourage precision. Germany, the U.K, and France account for the leading country-level markets in the region. Rising automation in various end-use industries to optimize production drive the market. Meanwhile, the North American market is growing for similar reasons and is witnessing high demand for motion control in electronics, automotive, oil& gas and several other industries.


    Competitive Tracking


    The report includes a thorough comparison of growth strategies used by key market participants in the competitive landscape of the global motion control market. Prominent players include MKS Instruments Inc., Motion Control Corporation, STM Microelectronics, Emerson Electric Co., Schneider Electric, Rockwell Automation, Inc., Parker Hannifin Corporation, Estun Automation Co., Ltd, ABB Group, AMETEK Advanced Motion Solution and Siemens AG.