Motion Control Software in Robotics Market Report 2024

This Motion Control Software In Robotics market 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.

The motion control software in robotics market size has grown exponentially in recent years. It will grow from $13.85 billion in 2023 to $16.93 billion in 2024 at a compound annual growth rate (CAGR) of 22.2%. The historical growth can be attributed to a rise in demand for robotics within the industrial sector, an increased need for precision in manufacturing, growing adoption of robotics across various industries, the advent of Industry 4.0, enhanced software capabilities, a greater need for efficient production processes, and the adoption of robots in the healthcare sector.

The motion control software in robotics market size is expected to see exponential growth in the next few years. It will grow to $38.17 billion in 2028 at a compound annual growth rate (CAGR) of 22.5%. The anticipated growth during the forecast period can be attributed to the increasing automation in manufacturing, a rising demand for precision in robotic operations, the expansion of collaborative robots (cobots), growing adoption in the automotive and electronics industries, and a heightened push for Industry 4 initiatives. Key trends for this period include the integration of AI in motion control software, adoption of real-time processing capabilities, advanced machine learning algorithms, developments in cloud-based motion control solutions, and the adoption of edge computing in robotics.

The increasing automation in the manufacturing and automotive industries is expected to drive growth in the motion control software market for robotics. Automation in these industries involves leveraging advanced technologies such as robotics, artificial intelligence (AI), and machine learning to perform tasks more efficiently. This trend is driven by factors including enhanced productivity, cost reduction, continuous risk assessment, greater energy efficiency, and shifting demographics. Motion control software plays a crucial role in this automation by precisely directing robot movements, allowing for complex tasks to be performed with high accuracy and repeatability, which in turn increases efficiency, minimizes errors, and optimizes production processes. For example, in 2023, the International Federation of Robotics, a Germany-based non-profit organization, reported that industrial robot installations in manufacturing rose by 12% in 2022, reaching 41,624 units. The automotive sector, particularly in the US, Canada, and Mexico, was the leading adopter with 20,391 units installed, marking a 30% increase from 2021. Consequently, automation in manufacturing and the automotive industry is a key driver of the motion control software market for robotics.

Leading companies in the motion control software for robotics market are focusing on developing advanced solutions such as intelligent automation platforms to enable functionalities such as real-time data processing, predictive maintenance, and adaptive control strategies. Intelligent automation platforms are comprehensive suites of advanced motion control and automation solutions designed to enhance industrial robot capabilities. These platforms optimize robotic operations through the integration of high-performance control algorithms, real-time data processing, and advanced analytics. For instance, in June 2024, ABB Group, a US-based industrial robots manufacturer, introduced OmniCore, a state-of-the-art automation platform supported by a $170 million investment. OmniCore offers exceptional precision with robot path accuracy under 0.6mm and speeds up to 1,600mm/s. It enhances versatility with over 1,000 customizable features and integrates seamlessly with ABB's absolute accuracy and PickMaster Twin software. This unified system increases productivity and energy efficiency, enabling robots to operate up to 25% faster while reducing energy consumption by 20%.

In November 2023, Novanta Inc., a US-based company that specializes in technology solutions, acquired Motion Solutions for $189 million. This acquisition is intended to strengthen Novanta's portfolio by incorporating Motion Solutions' high-precision, customized subsystems and components, which are mainly utilized in medical, life sciences, and advanced industrial applications. Motion Solutions is a US-based provider of motion control software for robotics.

Major companies operating in the motion control software in robotics market are Siemens AG, Panasonic Holdings Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, ABB Ltd., Parker Hannifin Corporation, Murata Machinery Ltd., Delta Electronics Inc., Kawasaki Heavy Industries Ltd., Seiko Epson Corporation, Rockwell Automation Inc., Omron Corporation, Fanuc Robotics Company, Yaskawa Electric Corp, Kuka AG, Teradyne Inc., Moog Inc., Comau S.p.A., Kollmorgen Corporation, Aerotech Inc., Nachi Robotics System Inc., Toshiba Machine Co. Ltd., Galil Motion Control Inc, Denso Wave Inc, Energid Technologies Corp.

North America was the largest region in the motion control software in robotics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control software in robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the motion control software in robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Motion control software in robotics is a specialized tool designed to manage and coordinate a robot's movements. It ensures that the robot performs tasks with precision, efficiency, and in alignment with its intended operations. This software regulates various aspects of a robot's movement, such as speed, direction, and position.

The main types of motion control software include pick and place, painting, hold and rotate, drilling, striking, and others. Pick and place software directs robots to handle objects by picking them up and placing them in specified locations. The software supports various motion types, including linear, rotary, oscillatory, and omnidirectional, and is compatible with different robot types such as articulated, polar, cylindrical, Cartesian, SCARA, and others. These systems are applied in various fields, including industrial robots, medical robots, and consumer robots, and are used by end-users in manufacturing industries, healthcare, oil and gas, research academia, and other sectors.

The motion control software in robotics market research report is one of a series of new reports that provides motion control software in robotics market statistics, including motion control software in robotics industry global market size, regional shares, competitors with a motion control software in robotics market share, detailed motion control software in robotics market segments, market trends, and opportunities, and any further data you may need to thrive in the motion control software in robotics industry. This motion control software in robotics 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 motion control software in robotics market consists of revenues earned by entities by providing services such as robot motion planning, real-time control, simulation and offline programming, integration with other systems and customization and configuration. The market value includes the value of related goods sold by the service provider or included within the service offering. The motion control software in robotics market includes sales of motion controllers, servo motors, actuators, and encoders. 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.

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