Motion Control Drive Trends and Forecast
The future of the global motion control drive market looks promising with opportunities in the automotive, consumer electronic, food & beverage, industrial, medical, printing, and textile markets. The global motion control drive market is expected to reach an estimated $6.9 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing demand for automation and robotics, rising demand for high-precision motion control, and growing trend of industry 4.0 and smart manufacturing across the globe.A more than 150-page report is developed to help in your business decisions. .
Motion Control Drive by Segment
The study includes a forecast for the global motion control drive by system, component, application, end use, and region.Motion Control Drive Market by System [Shipment Analysis by Value from 2018 to 2030]:
- Closed-Loop Systems
- Open-Loop Systems
Motion Control Drive Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Actuators & Mechanical Systems
- Drives
- Motion Controllers Motors
- Sensors & Feedback Devices
- Software & Services
Motion Control Drive Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Material Handling
- Metal Cutting
- Metal Forming
- Packaging & Labelling
- Robotics
- Others
Motion Control Drive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Automotive
- Consumer Electronics
- Food & Beverage
- Industrial
- Medical
- Printing
- Textile
- Others
Motion Control Drive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Motion Control Drive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies motion control drive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the motion control drive companies profiled in this report include:- ABB
- Allied Motion
- Fuji Electric
- Mitsubishi Electric
- Omron
- AMETEK
- Rockwell Automation
- Schneider Electric
- Siemens
- Fanuc
Motion Control Drive Market Insights
The publisher forecasts that closed-loop system is expected to witness the higher growth over the forecast period.Within this market, automotive is expected to witness the highest growth.
APAC will remain the largest region over the forecast period due to growing adoption of automation and robotics across end use industries, such as manufacturing, automotive, electronics, and logistics.
Features of the Global Motion Control Drive Market
- Market Size Estimates: Motion control drive market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Motion control drive market size by various segments, such as by system, component, application, end use, and region in terms of value ($B).
- Regional Analysis: Motion control drive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different systems, components, applications, end uses, and regions for the motion control drive market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the motion control drive market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the motion control drive market size?Answer: The global motion control drive market is expected to reach an estimated $6.9 billion by 2030.
Q2. What is the growth forecast for motion control drive market?
Answer: The global motion control drive market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the motion control drive market?
Answer: The major drivers for this market are increasing demand for automation and robotics, rising demand for high-precision motion control, and growing trend of industry 4.0 and smart manufacturing across the globe.
Q4. What are the major segments for motion control drive market?
Answer: The future of the motion control drive market looks promising with opportunities in the automotive, consumer electronic, food & beverage, industrial, medical, printing, and textile markets.
Q5. Who are the key motion control drive market companies?
Answer: Some of the key motion control drive companies are as follows:
- ABB
- Allied Motion
- Fuji Electric
- Mitsubishi Electric
- Omron
- AMETEK
- Rockwell Automation
- Schneider Electric
- Siemens
- Fanuc
Answer: The publisher forecasts that closed-loop system is expected to witness the higher growth over the forecast period.
Q7. In motion control drive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing adoption of automation and robotics across end use industries, such as manufacturing, automotive, electronics, and logistics.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the motion control drive market by system (closed-loop systems and open-loop systems), component (actuators & mechanical systems, drives, motion controllers motors, sensors & feedback devices, and software & services), application (material handling, metal cutting, metal forming, packaging & labelling, robotics, and others), end use (automotive, consumer electronics, food & beverage, industrial, medical, printing, textile, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Motion Control Drive Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- ABB
- Allied Motion
- Fuji Electric
- Mitsubishi Electric
- Omron
- AMETEK
- Rockwell Automation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
