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Global Motion Control Market is valued at USD 8.53 Billion in 2020 and is expected to reach USD 23.53 Billion by 2027 with a CAGR of 15.6% over the forecast period.
BrandEssence Market Research is working on a new report titled “Global Motion Control Market: Global Size, Trends, Competitive, Historical & Forecast Analysis To 2021-2027, Increased implementation of robotics along with technological advancement followed by the various product launches and collaborations in the industry is driving the growth of agriculture equipment market.
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Scope of Global Motion Control Market
The motion-control system initiates and controls the movement of the workload. The motion controller is capable of position, precise speed, and torque control. Examples of the use of motion control are applications that require product positioning, synchronization of different components, or fast start and stop motion. Motion control systems have three basic components, namely, controller, drive or amplifier, and motor. Motion controls devices are more comfortable and easier to use & integrate into existing systems as compared to other types of devices. This ease of handling makes motion control technology one of the top favorites of manufacturers and is at the forefront of evolving technology. Safety motion controllers have motion profiles and target positions that make way for motors and actuators. Motion control drives are a structural component of motion controllers.
Motion control is a sub-sector of automation covering a wide range of industries. The technology provides advanced machine functionality and serves as a key component for automated equipment. A motion controller is mainly used for process automation in various end-user industries such as electronics and assembly, robotics, semiconductors, and food & beverages. Due to the speed of process, accuracy, and reliability of these systems, regulators are widely used in industries. Such as, motion controllers are used as controllers for video games, which have been popularized since 2006 by Wii remote controllers for Nintendo’s Wii console, which use accelerometers to detect its approximate orientation and acceleration and act as image sensors so that it can be used as a pointing device.
COVID-19 has had a serious impact on the global economy and all industries around the world. This is mainly due to disruptions in supply chains around the world. The global economy has shrunk due to a sharp decline in demand for products. Outbreaks appear to be exacerbated by the shortage of raw materials, which has limited the production of the entire industry. Declining exports and supply chain disruptions are the main factors contributing to the decline in production. COVID-19 is affecting the motion control market. This has resulted in a year-over-year low growth rate for 2020 compared to 2019.
Global Motion Control Market Segmentation
The Global Motion Control Market is segmented on the basis on type, technology, components, application, industry vertical and region & country level. Based upon type the market is fragmented into open loop and closed loop. Based upon technology the market is divided into pneumatic, electromechanical actuation, and hydraulic. Based upon components the global motion control market is classified into controller, actuators & mechanical systems, drives, motors, and software. Based upon application the global motion control market is classified into inspection, material handling, and packaging. Based on industry Verticals The Global motion control market is classified into Based upon manufacturing, healthcare, and automotive.
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News: – Novanta Has Announced Agreement to Acquire Schneider Electric Motion USA for 115 million USD
Novanta Inc. has announced that it has entered into an agreement to acquire Schneider Electric Motion USA for 115 million USD in cash. Schneider Electric Motion USA is a producer of motion control components for automation types of equipment. Schneider Electric specializes in innovative motion control solutions, integrated motor drives, especially brushless motor technology and electronic controls. This collaboration is expected to help in the expansion of automation and robotic applications through advanced speed control measures. The business also hopes to expand Novanta’s life sciences and medical and market connectivity by increasing access to state-of-the-art automation integrators.
The Asia Pacific Is Expected To Dominate the Motion Control Market
The growth of the Asia Pacific motion controller market is mainly bound to various macro-economic and micro-economic factors. Increasing production of electronic products will continue to accelerate the demand for motion controllers in various industries. Since the production process of electronics and automotive products requires precision and accuracy when controlling various parts of the manufacturing machine, manufacturers are adopting leading technologies that provide distributed intelligence. In May 2021, Delta Electronics has launched the AX-308E mid-range and compact PLC motion controller. The system is based on CODESYS – a development environment consonant with international standards targeting intelligent industrial automation applications. In this way, it reduces learning and programming time. Thus the motion controller is being used extensively in various industries in the Asia Pacific to generate electronic products, which is why the motion controller market is generating huge revenue from the Asia Pacific.
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