The global motion control market is expected to see strong growth in the next few years. It will grow to $20.99 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. In the upcoming forecast period, growth is expected to stem from the adoption of Industry 4.0 and smart manufacturing practices, a continued surge in robotics and automation, the widespread expansion of Industrial IoT (Internet of Things), an increasing demand for precision engineering, and a persistent focus on energy efficiency. Anticipated trends in this forecast period encompass innovative safety measures, the continued expansion of electric vehicles, automation within healthcare, the integration of automation in food processing, and the convergence of entertainment and gaming with technological advancements.
The surge in adopting automation within manufacturing facilities is poised to drive the motion control market's growth. Automation involves leveraging technology like robots to streamline tasks without manual intervention. Various industries are embracing motion-control robots to maximize efficiency and streamline operations. Integrating these robots in manufacturing yields benefits in productivity, quality enhancement, and worker safety by minimizing errors and waste while adding flexibility to the production process. A report from Manufacturing India in March 2022 highlighted the increasing adoption of automation in Indian manufacturing, projecting that by 2050, around 85-90% of manufacturing firms in India will have automated their operations. Consequently, this escalating embrace of automation in manufacturing facilities fuels the motion control market's expansion.
The aerospace sector's expansion is anticipated to propel the motion control market's growth. Spanning commercial, industrial, and military applications, the aerospace industry involves vehicular flight within and beyond Earth's atmosphere. Motion control systems find relevance in emergency fuel systems, pilot cooling system pumps, mobile weapon systems, and other aerospace applications. For instance, in 2022, Airbus SE, a France-based aircraft manufacturer, witnessed a substantial increase in commercial aircraft deliveries and new orders, indicating an 8% rise in gross new orders compared to the preceding year. Hence, the aerospace sector's expansion becomes a significant driver for the motion control market's growth.
A prevailing trend in the motion control market is product innovation, notably adopted by major industry players. Companies focus on developing new technological solutions to bolster their market position. An instance is Performance Motion Devices, Inc., a US-based firm in high-performance motion control, which introduced the ION/CME N-Series digital drive in May 2021. This advanced motion controller caters to intricate motion control needs in manufacturing, supporting high-performance motor control for various types such as AC and DC induction motors. Equipped with features like flexible connection options, 1 KW output capacity, and support for encoders like quadrature, sin/cos, and BiSS-C, among others, the ION/CME N-Series Digital Drive offers a comprehensive control solution.
Major players in the motion control market are dedicated to innovative product development, including motion control platforms. These mechanical devices enable movement along one or more of the six degrees of freedom (DoF) that can be independently defined. An example is Aerotech Inc.'s launch of Automation1 in July 2023, a precision motion control platform. Automation1 boasts unique attributes such as a TCP socket interface (beta), enhancements in machine apps HMI, modules aiding motor setup, and improvements for galvo laser scan heads, among others. Designed for Aerotech users to continually access enhanced control levels, Automation1 signifies the company's commitment to advancing control capabilities for its users.
In October 2021, Novanta Inc., a US-based company specializing in motion control technology, completed the acquisition of Schneider Electric Motion for $115 million. This strategic move aims to bolster Novanta Inc.'s product portfolio, particularly in motion control for life sciences and medical applications. Schneider Electric Motion, a France-based entity, operates within the motion control technology domain.
Major companies operating in the motion control market report are ABB Ltd., Fanuc Corporation, Mitsubishi Electric Corporation, Siemens AG, Yaskawa Electric Corporation, Altra Industrial Motion, Parker Hannifin Corporation, Rockwell Automation Inc., Robert Bosch GmbH, Dover Motion, Omron Corporation, Novanta Inc., AMETEK Advanced Motion Solutions, Galil Motion Control, Schneider Electric SE, Emerson Electric Co., STM Microelectronics, Bosch Rexroth AG, Kollmorgen, Moog Inc., Aerotech Inc., Delta Electronics, Advanced Motion Controls, Copley Controls, Elmo Motion Control, Faulhaber Group, Harmonic Drive LLC, KEB America, LinMot USA, Maxon Motor AG. Asia-Pacific was the largest region in the motion control market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
There are several primary types of motion control. Computerized Numerical Control (CNC) automates machine tool control via software, specifying settings like material feed rates and part movement. General motion control, servo drives, and position control hardware are also essential categories. Components in motion control systems include actuators, motion controllers, electric drives, sensors, and feedback devices.
Motion control finds applications in various industries, including metal cutting, material handling, robotics, semiconductor manufacturing, and more. Its relevance spans across sectors such as aerospace, automotive, electronics, machinery, food and beverages, medical, printing, pharmaceuticals, cosmetics, and others. The countries covered in the motion control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
This report provides motion control market statistics, including motion control industry global market size, regional shares, competitors with a motion control market share, detailed motion control market segments, market trends and opportunities, and any further data you may need to thrive in the motion control industry. This motion control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The global motion control market has grown strongly in recent years. It will grow from $15.91 billion in 2023 to $16.82 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. During the historical period, growth can be credited to advancements in entertainment and gaming, the expansion of industrial automation, a rising demand for robotics, increased manufacturing activities, and a heightened emphasis on precision and efficiency.
The motion control market consists of sales of position control, velocity control, torque controls, motor amplifiers, motion devices, motorized drivers, and electronic controllers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The surge in adopting automation within manufacturing facilities is poised to drive the motion control market's growth. Automation involves leveraging technology like robots to streamline tasks without manual intervention. Various industries are embracing motion-control robots to maximize efficiency and streamline operations. Integrating these robots in manufacturing yields benefits in productivity, quality enhancement, and worker safety by minimizing errors and waste while adding flexibility to the production process. A report from Manufacturing India in March 2022 highlighted the increasing adoption of automation in Indian manufacturing, projecting that by 2050, around 85-90% of manufacturing firms in India will have automated their operations. Consequently, this escalating embrace of automation in manufacturing facilities fuels the motion control market's expansion.
The aerospace sector's expansion is anticipated to propel the motion control market's growth. Spanning commercial, industrial, and military applications, the aerospace industry involves vehicular flight within and beyond Earth's atmosphere. Motion control systems find relevance in emergency fuel systems, pilot cooling system pumps, mobile weapon systems, and other aerospace applications. For instance, in 2022, Airbus SE, a France-based aircraft manufacturer, witnessed a substantial increase in commercial aircraft deliveries and new orders, indicating an 8% rise in gross new orders compared to the preceding year. Hence, the aerospace sector's expansion becomes a significant driver for the motion control market's growth.
A prevailing trend in the motion control market is product innovation, notably adopted by major industry players. Companies focus on developing new technological solutions to bolster their market position. An instance is Performance Motion Devices, Inc., a US-based firm in high-performance motion control, which introduced the ION/CME N-Series digital drive in May 2021. This advanced motion controller caters to intricate motion control needs in manufacturing, supporting high-performance motor control for various types such as AC and DC induction motors. Equipped with features like flexible connection options, 1 KW output capacity, and support for encoders like quadrature, sin/cos, and BiSS-C, among others, the ION/CME N-Series Digital Drive offers a comprehensive control solution.
Major players in the motion control market are dedicated to innovative product development, including motion control platforms. These mechanical devices enable movement along one or more of the six degrees of freedom (DoF) that can be independently defined. An example is Aerotech Inc.'s launch of Automation1 in July 2023, a precision motion control platform. Automation1 boasts unique attributes such as a TCP socket interface (beta), enhancements in machine apps HMI, modules aiding motor setup, and improvements for galvo laser scan heads, among others. Designed for Aerotech users to continually access enhanced control levels, Automation1 signifies the company's commitment to advancing control capabilities for its users.
In October 2021, Novanta Inc., a US-based company specializing in motion control technology, completed the acquisition of Schneider Electric Motion for $115 million. This strategic move aims to bolster Novanta Inc.'s product portfolio, particularly in motion control for life sciences and medical applications. Schneider Electric Motion, a France-based entity, operates within the motion control technology domain.
Major companies operating in the motion control market report are ABB Ltd., Fanuc Corporation, Mitsubishi Electric Corporation, Siemens AG, Yaskawa Electric Corporation, Altra Industrial Motion, Parker Hannifin Corporation, Rockwell Automation Inc., Robert Bosch GmbH, Dover Motion, Omron Corporation, Novanta Inc., AMETEK Advanced Motion Solutions, Galil Motion Control, Schneider Electric SE, Emerson Electric Co., STM Microelectronics, Bosch Rexroth AG, Kollmorgen, Moog Inc., Aerotech Inc., Delta Electronics, Advanced Motion Controls, Copley Controls, Elmo Motion Control, Faulhaber Group, Harmonic Drive LLC, KEB America, LinMot USA, Maxon Motor AG. Asia-Pacific was the largest region in the motion control market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
There are several primary types of motion control. Computerized Numerical Control (CNC) automates machine tool control via software, specifying settings like material feed rates and part movement. General motion control, servo drives, and position control hardware are also essential categories. Components in motion control systems include actuators, motion controllers, electric drives, sensors, and feedback devices.
Motion control finds applications in various industries, including metal cutting, material handling, robotics, semiconductor manufacturing, and more. Its relevance spans across sectors such as aerospace, automotive, electronics, machinery, food and beverages, medical, printing, pharmaceuticals, cosmetics, and others. The countries covered in the motion control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
This report provides motion control market statistics, including motion control industry global market size, regional shares, competitors with a motion control market share, detailed motion control market segments, market trends and opportunities, and any further data you may need to thrive in the motion control industry. This motion control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The global motion control market has grown strongly in recent years. It will grow from $15.91 billion in 2023 to $16.82 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. During the historical period, growth can be credited to advancements in entertainment and gaming, the expansion of industrial automation, a rising demand for robotics, increased manufacturing activities, and a heightened emphasis on precision and efficiency.
The motion control market consists of sales of position control, velocity control, torque controls, motor amplifiers, motion devices, motorized drivers, and electronic controllers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Motion Control Market Characteristics3. Motion Control Market Trends and Strategies31. Global Motion Control Market Competitive Benchmarking32. Global Motion Control Market Competitive Dashboard33. Key Mergers and Acquisitions in the Motion Control Market
4. Motion Control Market - Macro Economic Scenario
5. Global Motion Control Market Size and Growth
6. Motion Control Market Segmentation
7. Motion Control Market Regional and Country Analysis
8. Asia-Pacific Motion Control Market
9. China Motion Control Market
10. India Motion Control Market
11. Japan Motion Control Market
12. Australia Motion Control Market
13. Indonesia Motion Control Market
14. South Korea Motion Control Market
15. Western Europe Motion Control Market
16. UK Motion Control Market
17. Germany Motion Control Market
18. France Motion Control Market
19. Italy Motion Control Market
20. Spain Motion Control Market
21. Eastern Europe Motion Control Market
22. Russia Motion Control Market
23. North America Motion Control Market
24. USA Motion Control Market
25. Canada Motion Control Market
26. South America Motion Control Market
27. Brazil Motion Control Market
28. Middle East Motion Control Market
29. Africa Motion Control Market
30. Motion Control Market Competitive Landscape and Company Profiles
34. Motion Control Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on motion control market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for motion control? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Report Scope
Markets Covered:
1) By Type: Computerized Numeric Control; General Motion Control; Servo drives; Position control hardware2) By Component: Actuators and Mechanical Systems; Motion Controllers; Electric Drives; Ac Motors; Sensors and Feedback Devices
3) By Application: Metal Cutting; Metal Forming; Material Handling Equipment; Robotics; Semiconductor Machinery; Rubber and Plastics; Machinery; Other Applications
4) By Industry: Aerospace and Defense; Automotive; Semiconductor and Electronics; Metals and Machinery Manufacturing; Food and Beverages; Medical; Printing and Paper; Pharmaceuticals and Cosmetics; Other Industry
Key Companies Mentioned: ABB Ltd.; Fanuc Corporation; Mitsubishi Electric Corporation; Siemens AG; Yaskawa Electric Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- ABB Ltd.
- Fanuc Corporation
- Mitsubishi Electric Corporation
- Siemens AG
- Yaskawa Electric Corporation
- Altra Industrial Motion
- Parker Hannifin Corporation
- Rockwell Automation Inc.
- Robert Bosch GmbH
- Dover Motion
- Omron Corporation
- Novanta Inc.
- AMETEK Advanced Motion Solutions
- Galil Motion Control
- Schneider Electric SE
- Emerson Electric Co.
- STM Microelectronics
- Bosch Rexroth AG
- Kollmorgen
- Moog Inc.
- Aerotech Inc.
- Delta Electronics
- Advanced Motion Controls
- Copley Controls
- Elmo Motion Control
- Faulhaber Group
- Harmonic Drive LLC
- KEB America
- LinMot USA
- Maxon Motor AG
Methodology
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