Motion Control Market

Motion Control Market Size, Share & Industry Trends Analysis Report by Offering (Actuators & Mechanical Systems, Drives, Motors, Motion Controllers, Sensors & Feedback Services, Software & Services), System (Open-loop, Closed-loop), End-user Industry and Region - Global Forecast to 2029

Report Code: SE 3666 Jan, 2024, by marketsandmarkets.com

[254 Pages Report] The global motion control market size is estimated to be worth USD 16.5 billion in 2024 and is projected to reach USD 21.6 billion by 2029, growing at a CAGR of 5.5% during the forecast period.

The motion control market is experiencing significant growth due to a confluence of factors propelling its expansion. One of the primary drivers is the escalating demand for automation across diverse industries seeking enhanced operational efficiency and productivity. As businesses increasingly prioritize streamlined manufacturing processes, motion control systems play a pivotal role in providing precise control over the movement of machinery and robotic systems.

Technological advancements, such as the integration of advanced sensors and communication protocols, contribute to the sophistication of motion control solutions, further fueling market growth. Additionally, the rise of smart factories, Industry 4.0 initiatives, and a growing emphasis on achieving improved production quality and accuracy amplify the adoption of motion control technologies.

Motion Control Market

Motion Control Market

Motion Control Market Statistics Forecast to 2029

To know about the assumptions considered for the study, Request for Free Sample Report

Motion Control Market Trends

Driver: Rising need for high-end automation across industries

The increased demand for energy-efficient solutions to enhance production processes in factories across the globe has fueled the demand for high-precision automated processes. Automated processes help companies increase productivity and lower product life cycle costs. The adoption of motion control solutions is growing in many industries, but the major adoption is observed in the electronics & semiconductor, food & beverage, automotive, and chemical industries.

The demand for factory automation is expected to grow due to the increasing requirement for high-quality motion control products. This, as a result, is projected to increase the use of motion control solutions to minimize energy consumption and maximize production. For instance, in 2021, ADVANCED Motion Controls launched a small-sized panel-mount FlexPro servo drive with high power density. This device is used in the electronics manufacturing industry to offer high accuracy and precision while manufacturing sensitive electronics.

Restraint: Heavy maintenance and replacement costs associated with motion control systems

The complexity of troubleshooting and servicing motion control systems can lead to substantial expenses in terms of both time and resources. Additionally, the need for periodic upgrades or replacements to keep up with evolving technologies further contributes to the overall cost burden on businesses.

This financial challenge poses a significant barrier for some industries, particularly smaller enterprises, limiting their ability to fully embrace and invest in motion control solutions. As the market continues to address these cost-related challenges, finding more cost-effective maintenance models and exploring innovative approaches to mitigate replacement expenses will be crucial for broader and sustained adoption of motion control systems across diverse industrial sectors.

Opportunity: Adoption of Industry 4.0 principles for manufacturing

Industry 4.0 refers to the fourth industrial revolution, which means the merging of traditional automation with information technology. It is described as the computerization of manufacturing processes. Industry 4.0 is driving the demand for smarter motion control systems to meet the growing need for higher flexibility and maximize overall equipment effectiveness. The concept of Industry 4.0 evolved in Europe and has been extended to the manufacturing sector globally.

The introduction of Industrial Revolution 4.0 has led to the adoption of automated equipment and machinery, allowing plants to function 24/7. Industry 4.0 is characterized by the use of a number of modern technologies and highly automated production processes that require the installation of several sensors and components for efficient functioning. With the help of Industry 4.0, smarter motion control systems automatically adjust the changing demands of production processes by maintaining seamless real-time communication between devices and enterprise networks. Several manufacturing companies are using the Industry 4.0 concept to operate on a large scale and continuously without the necessity of human intervention. Hence, in cases where there is a requirement for human intervention, machines need to have a mechanism to detect human presence and take precautionary actions to avoid accidents.

Challenge: Designing flexible, scalable, and low-cost motion control systems

The demand for versatility in applications across various industries requires motion control systems to be adaptable to different environments, machinery, and operational requirements. Achieving scalability is crucial to accommodate the varying scales of industrial processes, from small-scale operations to large-scale manufacturing facilities. Simultaneously, the imperative for cost-effectiveness in the design and implementation of motion control systems is essential for widespread adoption, especially among smaller enterprises with budget constraints.

Striking the right balance between flexibility, scalability, and affordability involves navigating technical complexities, optimizing manufacturing processes, and leveraging innovative design approaches to ensure that motion control systems can meet diverse industry needs while remaining economically viable for a broad range of users.

Market Ecosystem

Motion Control Market by Ecosystem

Motion Control Companies: Key Trends

ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan) are the top players in the motion control market. These motion control companies boast motion control trends with a comprehensive motion control product portfolio and solid geographic footprint.

Global Motion Control Market Segment Overview

Drives to grow at the highest CAGR in the industrial motion control market offering segment during 2024-2029.

The surge in demand for motion control solutions across various industries, coupled with the rapid evolution of manufacturing processes toward automation and smart technologies, is driving the prominence of drives. Specifically, servo drives, and variable frequency drives are witnessing increased adoption due to their pivotal role in achieving precision, speed, and energy efficiency in motion control applications. These drives play a crucial role in regulating and controlling the speed and torque of motors, facilitating seamless automation in diverse industrial settings.

As industries prioritize the optimization of production processes and seek to enhance overall operational efficiency, the demand for advanced drive motion control technologies within the Motion Control market is expected to escalate, making it the focal point for significant growth within the offering segment.

Pharmaceuticals and cosmetics industries grew at the highest CAGR during the forecast period.

In pharmaceuticals and cosmetics sectors, stringent regulatory requirements and a growing emphasis on precision and quality control are steering the adoption of advanced motion control solutions. The pharmaceutical industry is leveraging motion control technologies to enhance the efficiency of manufacturing processes, ensuring accurate dosage formulations and minimizing errors. Similarly, the cosmetics industry is embracing motion control for the precise handling and packaging of products, responding to the demand for intricate and customized cosmetic formulations.

The integration of automation, robotics, and precise motion control mechanisms in these industries not only ensures compliance with stringent standards but also contributes to increased production throughput and motion control product innovation. As both sectors continue to prioritize technological advancements and operational excellence, the Motion Control market is set to experience robust growth fueled by the unique requirements and opportunities presented by pharmaceuticals and cosmetics manufacturing.

Asia Pacific is expected to grow at the highest CAGR in the industrial motion control industry during the forecast period.

The Motion Control Market is set for robust expansion, with the Asia Pacific region emerging as the focal point for the highest growth. The dynamic industrial landscape, rapid technological advancements, and an increase in manufacturing activities across nations such as China, India, Japan, and South Korea are key factors propelling this growth. As industries in the region increasingly adopt automation and Industry 4.0 initiatives, there is an unprecedented upswing in the demand for motion control solutions.

The automotive, electronics, and manufacturing sectors are propelling the adoption of motion control technologies to improve production efficiency and maintain a competitive edge. Additionally, the rising demand for consumer electronics, along with the growth in e-commerce and logistics, further drives the need for precise motion control systems. The Asia Pacific's strategic focus on innovation, combined with the expanding industrial infrastructure, establishes the region as a crucial player in the accelerated growth of the Motion Control Market, positioning it as a key hub for technological advancements and market expansion.

Motion Control Market by Region

Motion Control Market Statistics by Region

To know about the assumptions considered for the study, download the pdf brochure

Top Motion Control Companies and Market Players

The major motion control companies in the motion control companies include ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan). These companies have used both organic and inorganic growth strategies such as motion control product launches, acquisitions, and partnerships to strengthen their position in the motion control market.

Motion Control Market Report Scope

Report Metric

Details

Estimated Market Size USD 16.5 billion
Projected Market Size USD 21.6 billion
Motion Control Market Growth Rate CAGR of 5.5%

Years Considered

2020–2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

Value (USD million/billion)

Segments Covered

Offering, System, and Industry

Regions covered

North America, Asia Pacific, Europe, and Rest of the World

Companies covered

ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan).
A total of 25 players are covered.

Motion Control Industry Highlights

In this report, the overall motion control market has been segmented based on offering, system, industry and region.

Segment

Subsegment

By Offering

  • Hardware
  • Actuators and Mechanical Systems
  • Drives
  • Motors
  • Motion Controllers
  • Sensors and Feedback Devices
  • Software and Services

By System

  • Open-loop
  • Closed-loop

By End-User Industry

  • Aerospace
  • Automotive
  • Semiconductor & Electronics
  • Metals & Machinery
  • Food & Beverages
  • Medical Devices
  • Printing & Paper
  • Pharmaceuticals & Cosmetics
  • Other Industries (Textiles, Plastics and Rubber, Furniture and Wood, and Oil & Gas)

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • GCC
    • Africa & Rest of Middle East
    • South America

Recent Developments in Motion Control Industry

  • In March 2023, Regal Rexnord Corporation successfully finalized the acquisition of Altra Industrial Motion Corp. Through this acquisition, Regal Rexnord's Power Transmission Technologies business experienced a substantial augmentation of its existing power transmission portfolio, notably in the industrial powertrain sector. The addition of complementary motion control products such as brakes, gears, and clutches enhances the overall capabilities and offerings of the business.
  • In May 2023, Mitsubishi Electric Corporation and MOVENSYS Inc. forged a strategic business alliance to enhance cooperation in their individual AC servo and motion control endeavors. This partnership is designed to enable Mitsubishi Electric to broaden its AC servo business, specifically focusing on semiconductor manufacturing equipment and other applications.
  • In February 2022, Siemens launched a Simatic Drive Controller for CPUs. This new controller combines a Simatic S7-1500 controller with motion control technology and safety functionality with a Sinamics S120 drive control in one device, thereby saving space.

Frequently Asked Questions (FAQs):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 29)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 MOTION CONTROL MARKET SEGMENTATION
           1.3.2 REGIONAL SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
           1.6.1 RECESSION IMPACT ANALYSIS
 
2 RESEARCH METHODOLOGY (Page No. - 34)
    2.1 RESEARCH DATA 
           FIGURE 2 MOTION CONTROL MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 List of major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primary interviews
                    2.1.2.2 Primary interviews with experts
                    2.1.2.3 Key data from primary sources
           2.1.3 SECONDARY AND PRIMARY RESEARCH
                    2.1.3.1 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES IN MOTION CONTROL MARKET
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market share by bottom-up analysis (demand side)
                               FIGURE 4 MOTION CONTROL MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for capturing market share by top-down analysis (supply side)
                               FIGURE 5 MOTION CONTROL MARKET: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 6 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
    2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON MOTION CONTROL MARKET 
    2.6 RESEARCH LIMITATIONS 
    2.7 RISK ASSESSMENT 
           FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
 
3 EXECUTIVE SUMMARY (Page No. - 47)
    FIGURE 8 MOTION CONTROL MARKET, 2020−2029 (USD MILLION)
    FIGURE 9 MOTORS TO LEAD MARKET DURING FORECAST PERIOD
    FIGURE 10 CLOSED-LOOP SYSTEMS TO DOMINATE MARKET DURING FORECAST PERIOD
    FIGURE 11 PHARMACEUTICALS & COSMETICS TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD
    FIGURE 12 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 51)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MOTION CONTROL MARKET 
           FIGURE 13 GROWING ADOPTION OF AUTOMATION ACROSS VARIOUS MANUFACTURING PROCESSES TO DRIVE MARKET
    4.2 MOTION CONTROL MARKET, BY OFFERING 
           FIGURE 14 DRIVES SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2024 AND 2029
    4.3 MOTION CONTROL MARKET, BY SYSTEM 
           FIGURE 15 CLOSED-LOOP SYSTEMS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.4 MOTION CONTROL MARKET, BY INDUSTRY 
           FIGURE 16 AUTOMOTIVE SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.5 MOTION CONTROL MARKET, BY COUNTRY 
           FIGURE 17 MOTION CONTROL MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 54)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 18 MOTION CONTROL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rising need for high-end automation across industries
                    5.2.1.2 Government initiatives to promote workplace safety
                    5.2.1.3 Growing use of industrial robots by manufacturers
                    5.2.1.4 Increasing integration of AI and IoT with motion control systems
                               FIGURE 19 MOTION CONTROL MARKET: IMPACT ANALYSIS OF DRIVERS
           5.2.2 RESTRAINTS
                    5.2.2.1 Heavy maintenance and replacement costs associated with motion control systems
                    5.2.2.2 Susceptibility of motion control systems to cyberattacks
                               FIGURE 20 MOTION CONTROL MARKET: IMPACT ANALYSIS OF RESTRAINTS
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Adoption of Industry 4.0 principles for manufacturing
                    5.2.3.2 Integration of emerging technologies with motion control systems
                    5.2.3.3 Implementation of integrated communication systems across various sectors
                               FIGURE 21 MOTION CONTROL MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
           5.2.4 CHALLENGES
                    5.2.4.1 Designing flexible, scalable, and low-cost motion control systems
                    5.2.4.2 Shortage of skilled and experienced workforce
                               FIGURE 22 MOTION CONTROL MARKET: IMPACT ANALYSIS OF CHALLENGES
    5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 23 MOTION CONTROL MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    5.4 PRICING ANALYSIS 
           TABLE 1 AVERAGE SELLING PRICE OF MOTION CONTROL DEVICES, BY TYPE
           FIGURE 24 AVERAGE SELLING PRICE TREND OF SERVO MOTORS, 2020−2029 (USD)
           5.4.1 AVERAGE SELLING PRICE TREND OF SERVO MOTORS FOR KEY PLAYERS, BY POWER RATING
                    FIGURE 25 AVERAGE SELLING PRICE OF SERVO MOTORS, BY POWER RATING FOR KEY PLAYERS (USD)
                    TABLE 2 AVERAGE SELLING PRICE OF SERVO MOTORS, BY POWER RATING FOR KEY PLAYERS (USD)
           5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
                    TABLE 3 AVERAGE SELLING PRICE TREND OF SERVO MOTORS, BY REGION
    5.5 SUPPLY CHAIN ANALYSIS 
           FIGURE 26 MOTION CONTROL MARKET: SUPPLY CHAIN ANALYSIS
    5.6 ECOSYSTEM MAPPING 
           FIGURE 27 MOTION CONTROL MARKET: ECOSYSTEM MAP
           TABLE 4 COMPANIES AND THEIR ROLE IN MOTION CONTROL ECOSYSTEM
    5.7 MOTION CONTROL TECHNOLOGY ANALYSIS 
           5.7.1 ARTIFICIAL INTELLIGENCE
           5.7.2 SIMULATION & DIGITAL TWINNING
           5.7.3 FRAMELESS MOTORS
           5.7.4 PREDICTIVE MAINTENANCE
           5.7.5 IIOT SENSORS
           5.7.6 MOTION OUT-OF-THE-BOX
    5.8 PATENT ANALYSIS 
           FIGURE 28 MOTION CONTROL MARKET: TOP 10 MOTION CONTROL COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2014–2023
           FIGURE 29 MOTION CONTROL MARKET: NUMBER OF GRANTED PATENTS RELATED TO MOTION CONTROL SYSTEMS, 2014–2023
           TABLE 5 MOTION CONTROL MARKET: TOP 20 PATENT OWNERS, 2014–2023
           TABLE 6 LIST OF PATENTS RELATED TO MOTION CONTROL SYSTEMS
    5.9 TRADE ANALYSIS 
           5.9.1 IMPORT SCENARIO
                    FIGURE 30 MOTION CONTROL MARKET: IMPORT DATA FOR HS CODE 8501, BY KEY COUNTRY, 2018–2022 (USD MILLION)
           5.9.2 EXPORT SCENARIO
                    FIGURE 31 MOTION CONTROL MARKET: EXPORT DATA FOR HS CODE 8501, BY KEY COUNTRY, 2018–2022 (USD MILLION)
    5.10 KEY CONFERENCES AND EVENTS, 2024–2025 
           TABLE 7 MOTION CONTROL MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
    5.11 CASE STUDY ANALYSIS 
           TABLE 8 NIDEC MOTOR PROVIDES IMPROVED TEMPERATURE CONTROL, WITH SAVINGS OF NEARLY 7,500 KWH
           TABLE 9 MITSUBISHI ELECTRIC OFFERS IMPROVED RELIABILITY, EXPANDED CUSTOMER FEATURES, AND OVERWRAPPING ACCURACY WITHOUT LABEL DISTORTION
           TABLE 10 MOTION CONTROL MOTORS AND DRIVES DESIGNED WITH CUTTING-EDGE MOTION CONTROL TECHNOLOGY ACCELERATE BOTTLE LABELING
           TABLE 11 TROUBLESHOOTING MOTION CONTROL SYSTEMS USING MOOG ANIMATICS SMARTMOTOR DATA
    5.12 TARIFF AND REGULATORY LANDSCAPE 
           5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 15 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.12.2 REGULATORY STANDARDS
           5.12.3 IEC 61508
           5.12.4 IEC 61511
           5.12.5 IEC 62061
           5.12.6 IEC 62443
    5.13 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 32 MOTION CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS
           TABLE 16 MOTION CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS
    5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
                    TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES (%)
           5.14.2 BUYING CRITERIA
                    FIGURE 34 MOTION CONTROL MARKET: KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
                    TABLE 18 MOTION CONTROL MARKET: KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
 
6 TRENDS AND EMERGING APPLICATIONS RELATED TO MOTION CONTROL TECHNOLOGY (Page No. - 84)
    6.1 INTRODUCTION 
    6.2 TRENDS RELATED TO MOTION CONTROL TECHNOLOGY 
           6.2.1 ADVANCED ROBOTICS AND COBOTS
           6.2.2 HUMAN-MACHINE INTERFACE (HMI)
           6.2.3 AUTONOMOUS VEHICLES AND DRONES
           6.2.4 3D PRINTING AND ADDITIVE MANUFACTURING
    6.3 EMERGING APPLICATIONS RELATED TO MOTION CONTROL TECHNOLOGY 
           6.3.1 REHABILITATION ROBOTICS
           6.3.2 DIGITAL TWIN TECHNOLOGY
           6.3.3 AUTONOMOUS UNDERWATER VEHICLES (AUVS)
           6.3.4 ADVANCED PACKAGING AND MATERIAL HANDLING
 
7 EMERGING IMPLEMENTATION AREAS OF MOTION CONTROL SYSTEMS (Page No. - 89)
    7.1 INTRODUCTION 
    7.2 METAL CUTTING 
    7.3 METAL FORMING 
    7.4 MATERIAL HANDLING 
    7.5 PACKAGING & LABELLING 
    7.6 ROBOTICS 
    7.7 OTHER IMPLEMENTATION AREAS 
 
8 MOTION CONTROL MARKET, BY OFFERING (Page No. - 92)
    8.1 INTRODUCTION 
           FIGURE 35 MOTION CONTROL MARKET SEGMENTATION, BY OFFERING
           FIGURE 36 MOTORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
           TABLE 19 MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
           TABLE 20 MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
    8.2 ACTUATORS AND MECHANICAL SYSTEMS 
           8.2.1 INCREASING USE DUE TO GREATER EFFICIENCY TO DRIVE MARKET
           8.2.2 ELECTRIC
           8.2.3 HYDRAULIC
           8.2.4 PNEUMATIC
           8.2.5 OTHERS
                    TABLE 21 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 22 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 23 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 24 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
    8.3 DRIVES 
           8.3.1 AUTOMATION IN MANUFACTURING INDUSTRY TO DRIVE MARKET
                    TABLE 25 DRIVES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 26 DRIVES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
                    FIGURE 37 ASIA PACIFIC TO LEAD MARKET FOR DRIVES DURING FORECAST PERIOD
                    TABLE 27 DRIVES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 28 DRIVES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
    8.4 MOTORS 
           TABLE 29 MOTORS: MOTION CONTROL MARKET, BY TYPE, 2020–2023 (USD MILLION)
           TABLE 30 MOTORS: MOTION CONTROL MARKET, BY TYPE, 2024–2029 (USD MILLION)
           TABLE 31 MOTORS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
           TABLE 32 MOTORS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
           TABLE 33 MOTORS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
           TABLE 34 MOTORS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
           8.4.1 SERVO MOTORS
                    8.4.1.1 High torque and acceleration to drive market
                               TABLE 35 SERVO MOTORS: MOTION CONTROL MARKET, 2020–2023 (THOUSAND UNITS)
                               TABLE 36 SERVO MOTORS: MOTION CONTROL MARKET, 2024–2029 (THOUSAND UNITS)
           8.4.2 STEPPER MOTORS
                    8.4.2.1 Compact design to drive market
                               TABLE 37 STEPPER MOTORS: MOTION CONTROL MARKET, 2020–2023 (THOUSAND UNITS)
                               TABLE 38 STEPPER MOTORS: MOTION CONTROL MARKET, 2024–2029 (THOUSAND UNITS)
    8.5 MOTION CONTROLLERS 
           8.5.1 RAPID REAL-TIME RESPONSE AND MINIMIZED ERRORS TO DRIVE MARKET
                    TABLE 39 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 40 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
                    FIGURE 38 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE OF MOTION CONTROLLERS DURING FORECAST PERIOD
                    TABLE 41 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 42 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
    8.6 SENSORS AND FEEDBACK DEVICES 
           8.6.1 CONTACTLESS SWITCHING, POSITION DETECTION, AND PRESSURE DETECTION APPLICATIONS TO DRIVE MARKET
                    TABLE 43 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 44 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 45 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 46 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
    8.7 SOFTWARE AND SERVICES 
           8.7.1 UTILIZATION IN NETWORKING MANAGEMENT SOFTWARE TO DRIVE MARKET
                    TABLE 47 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 48 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
                    TABLE 49 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 50 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
 
9 MOTION CONTROL MARKET, BY SYSTEM (Page No. - 112)
    9.1 INTRODUCTION 
           FIGURE 39 CLOSED-LOOP SYSTEMS TO HOLD LARGEST MARKET DURING FORECAST PERIOD
           TABLE 51 MOTION CONTROL MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
           TABLE 52 MOTION CONTROL MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
    9.2 OPEN-LOOP SYSTEMS 
           9.2.1 LOW MAINTENANCE COST TO DRIVE MARKET
    9.3 CLOSED-LOOP SYSTEMS 
           9.3.1 CAPABILITIES TO REDUCE SENSITIVITY AND IMPROVE STABILITY OF SYSTEMS TO DRIVE MARKET
 
10 MOTION CONTROL MARKET, BY INDUSTRY (Page No. - 116)
     10.1 INTRODUCTION 
             FIGURE 40 MOTION CONTROL MARKET, BY INDUSTRY
             FIGURE 41 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF MOTION CONTROL MARKET DURING FORECAST PERIOD
             TABLE 53 MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
             TABLE 54 MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
     10.2 AEROSPACE 
             10.2.1 NEED FOR PRECISE AIRCRAFT COMPONENT MANUFACTURING TO DRIVE MARKET
                        TABLE 55 AEROSPACE: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 56 AEROSPACE: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 57 AEROSPACE: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 58 AEROSPACE: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.3 AUTOMOTIVE 
             10.3.1 ADVANCED DRIVER ASSISTANCE SYSTEMS TO DRIVE MARKET
                        FIGURE 42 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE OF AUTOMOTIVE INDUSTRY DURING FORECAST PERIOD
                        TABLE 59 AUTOMOTIVE: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 60 AUTOMOTIVE: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 61 AUTOMOTIVE: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 62 AUTOMOTIVE: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.4 SEMICONDUCTOR & ELECTRONICS 
             10.4.1 INSPECTION, WAFER TEST, AND DICING APPLICATIONS TO DRIVE MARKET
                        TABLE 63 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 64 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 65 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 66 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.5 METALS & MACHINERY 
             10.5.1 NEED FOR EFFICIENT ASSEMBLY LINES AND AUTOMATION IN MANUFACTURING HUBS TO DRIVE MARKET
                        TABLE 67 METALS & MACHINERY: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 68 METALS & MACHINERY: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 69 METALS & MACHINERY: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 70 METALS & MACHINERY: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.6 FOOD & BEVERAGES 
             10.6.1 FILLING, CAPPING, LABELING, PACKING, AND PALLETIZING ACTIVITIES TO DRIVE MARKET
                        FIGURE 43 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE OF FOOD & BEVERAGES INDUSTRY DURING FORECAST PERIOD
                        TABLE 71 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 72 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 73 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 74 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.7 MEDICAL DEVICES 
             10.7.1 DIAGNOSTIC IMAGING AND SURGICAL ROBOTICS TO DRIVE MARKET
                        TABLE 75 MEDICAL DEVICES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 76 MEDICAL DEVICES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 77 MEDICAL DEVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 78 MEDICAL DEVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.8 PRINTING & PAPER 
             10.8.1 3D PRINTING TECHNOLOGY TO DRIVE MARKET
                        TABLE 79 PRINTING & PAPER: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 80 PRINTING & PAPER: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 81 PRINTING & PAPER: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 82 PRINTING & PAPER: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.9 PHARMACEUTICALS & COSMETICS 
             10.9.1 RETRIEVAL, PLACEMENT, AND FILLING OF CONTAINERS TO DRIVE MARKET
                        TABLE 83 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                        TABLE 84 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                        TABLE 85 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 86 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.10 OTHER INDUSTRIES 
               TABLE 87 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
               TABLE 88 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
               TABLE 89 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
               TABLE 90 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
 
11 MOTION CONTROL MARKET, BY REGION (Page No. - 139)
     11.1 INTRODUCTION 
             FIGURE 44 MOTION CONTROL MARKET IN INDIA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
             TABLE 91 MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 92 MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
     11.2 NORTH AMERICA 
             11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
                        FIGURE 45 NORTH AMERICA: MOTION CONTROL MARKET SNAPSHOT
                        TABLE 93 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 94 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 95 NORTH AMERICA: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 96 NORTH AMERICA: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             11.2.2 US
                        11.2.2.1 Smart manufacturing and Industry 4.0 initiatives to drive market
             11.2.3 CANADA
                        11.2.3.1 Integration of robotics with collaborative technologies and other smart safety motion control products and appliances to drive market
             11.2.4 MEXICO
                        11.2.4.1 Association for Advancing Automation to drive market
     11.3 EUROPE 
             11.3.1 EUROPE: RECESSION IMPACT ANALYSIS
                        FIGURE 46 EUROPE: MOTION CONTROL MARKET SNAPSHOT
                        TABLE 97 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 98 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 99 EUROPE: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 100 EUROPE: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             11.3.2 UK
                        11.3.2.1 Made Smarter initiative and government funding to drive market
             11.3.3 FRANCE
                        11.3.3.1 Industrie du Futur initiative and Industrial Plants of the Future plan to drive market
             11.3.4 GERMANY
                        11.3.4.1 Growing use of industrial robots in assembling, machine tending, painting, and welding to drive market
             11.3.5 REST OF EUROPE
 
             11.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
                        FIGURE 47 ASIA PACIFIC: MOTION CONTROL MARKET SNAPSHOT
                        TABLE 101 ASIA PACIFIC: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 102 ASIA PACIFIC: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 103 ASIA PACIFIC: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 104 ASIA PACIFIC: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             11.4.2 CHINA
                        11.4.2.1 Made in China 2025 initiative to drive market
             11.4.3 JAPAN
                        11.4.3.1 Shift toward EV and adoption of motion control solutions in assembly lines to drive market
             11.4.4 INDIA
                        11.4.4.1 SAMARTH Udyog Bharat 4.0 initiative and improved infrastructure to drive market
             11.4.5 SOUTH KOREA
                        11.4.5.1 Increased adoption of hybrid electric vehicles to drive market
             11.4.6 REST OF ASIA PACIFIC
     11.5 REST OF THE WORLD 
             11.5.1 REST OF THE WORLD: RECESSION IMPACT ANALYSIS
                        TABLE 105 REST OF THE WORLD: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 106 REST OF THE WORLD: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
                        TABLE 107 REST OF THE WORLD: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 108 REST OF THE WORLD: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             11.5.2 SOUTH AMERICA
                        11.5.2.1 Growing mining sector and rising demand for AI and IIoT-based solutions and software to drive market
             11.5.3 GCC
                        11.5.3.1 Expansion of oil & gas and automotive sectors to drive market
             11.5.4 AFRICA & REST OF MIDDLE EAST
                        11.5.4.1 Assistance from International Monetary Fund to drive market
 
12 COMPETITIVE LANDSCAPE (Page No. - 162)
     12.1 OVERVIEW 
     12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023 
             TABLE 109 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
     12.3 REVENUE ANALYSIS, 2018–2022 
             FIGURE 48 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
     12.4 MARKET SHARE ANALYSIS, 2023 
             TABLE 110 MOTION CONTROL MARKET: DEGREE OF COMPETITION
             FIGURE 49 MARKET SHARE ANALYSIS, 2023
     12.5 COMPANY EVALUATION MATRIX, 2023 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                        FIGURE 50 COMPANY EVALUATION MATRIX, 2023
             12.5.5 COMPANY FOOTPRINT
                        TABLE 111 KEY MOTION CONTROL COMPANIES: COMPANY FOOTPRINT
                        TABLE 112 KEY MOTION CONTROL COMPANIES: OFFERING FOOTPRINT
                        TABLE 113 KEY MOTION CONTROL COMPANIES: INDUSTRY FOOTPRINT
                        TABLE 114 KEY MOTION CONTROL COMPANIES: REGION FOOTPRINT
     12.6 START-UP/SME EVALUATION MATRIX, 2023 
             12.6.1 PROGRESSIVE MOTION CONTROL COMPANIES
             12.6.2 RESPONSIVE MOTION CONTROL COMPANIES
             12.6.3 DYNAMIC MOTION CONTROL COMPANIES
             12.6.4 STARTING BLOCKS
                        FIGURE 51 START-UP/SME EVALUATION MATRIX, 2023
             12.6.5 COMPETITIVE BENCHMARKING
                        TABLE 115 KEY START-UPS/SMES
                        TABLE 116 START-UPS/SMES: OFFERING FOOTPRINT
                        TABLE 117 START-UPS/SMES: INDUSTRY FOOTPRINT
                        TABLE 118 START-UPS/SMES: REGION FOOTPRINT
     12.7 COMPETITIVE SCENARIO 
             TABLE 119 MOTION CONTROL PRODUCT LAUNCHES, 2020–2023
             TABLE 120 DEALS, 2020–2023
             TABLE 121 OTHERS, 2020–2023
 
13 COMPANY PROFILES (Page No. - 181)
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*  
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted motion control companies.  
     13.1 KEY PLAYERS 
             13.1.1 ABB
                        TABLE 122 ABB: COMPANY OVERVIEW
                        FIGURE 52 ABB: COMPANY SNAPSHOT
                        TABLE 123 ABB: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 124 ABB: MOTION CONTROL PRODUCT LAUNCHES
                        TABLE 125 ABB: OTHERS
             13.1.2 FANUC CORPORATION
                        TABLE 126 FANUC CORPORATION: COMPANY OVERVIEW
                        FIGURE 53 FANUC CORPORATION: COMPANY SNAPSHOT
                        TABLE 127 FANUC CORPORATION: MOTION CONTROL PRODUCTS OFFERED
             13.1.3 MITSUBISHI ELECTRIC CORPORATION
                        TABLE 128 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
                        FIGURE 54 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
                        TABLE 129 MITSUBISHI ELECTRIC CORPORATION: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 130 MITSUBISHI ELECTRIC CORPORATION: MOTION CONTROL PRODUCT LAUNCHES
                        TABLE 131 MITSUBISHI ELECTRIC CORPORATION: DEALS
                        TABLE 132 MITSUBISHI ELECTRIC CORPORATION: OTHERS
             13.1.4 SIEMENS
                        TABLE 133 SIEMENS: COMPANY OVERVIEW
                        FIGURE 55 SIEMENS: COMPANY SNAPSHOT
                        TABLE 134 SIEMENS: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 135 SIEMENS: MOTION CONTROL PRODUCT LAUNCHES
                        TABLE 136 SIEMENS: DEALS
             13.1.5 YASKAWA ELECTRIC CORPORATION
                        TABLE 137 YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
                        FIGURE 56 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
                        TABLE 138 YASKAWA ELECTRIC CORPORATION: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 139 YASKAWA ELECTRIC CORPORATION: MOTION CONTROL PRODUCT LAUNCHES
                        TABLE 140 YASKAWA ELECTRIC CORPORATION: OTHERS
             13.1.6 REGAL REXNORD CORPORATION
                        TABLE 141 REGAL REXNORD CORPORATION: COMPANY OVERVIEW
                        FIGURE 57 REGAL REXNORD CORPORATION: COMPANY SNAPSHOT
                        TABLE 142 REGAL REXNORD CORPORATION: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 143 REGAL REXNORD: MOTION CONTROL PRODUCT LAUNCHES
                        TABLE 144 REGAL REXNORD: DEALS
             13.1.7 ROBERT BOSCH GMBH
                        TABLE 145 ROBERT BOSCH GMBH: COMPANY OVERVIEW
                        FIGURE 58 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
                        TABLE 146 ROBERT BOSCH GMBH: MOTION CONTROL PRODUCTS OFFERED
             13.1.8 PARKER HANNIFIN CORP
                        TABLE 147 PARKER HANNIFIN CORP: COMPANY OVERVIEW
                        FIGURE 59 PARKER HANNIFIN CORP: COMPANY SNAPSHOT
                        TABLE 148 PARKER HANNIFIN CORP: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 149 PARKER HANNIFIN CORP: MOTION CONTROL PRODUCT LAUNCHES
             13.1.9 ROCKWELL AUTOMATION
                        TABLE 150 ROCKWELL AUTOMATION: COMPANY OVERVIEW
                        FIGURE 60 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
                        TABLE 151 ROCKWELL AUTOMATION: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 152 ROCKWELL AUTOMATION: MOTION CONTROL PRODUCT LAUNCHES
                        TABLE 153 ROCKWELL AUTOMATION: DEALS
             13.1.10 NOVANTA INC.
                        TABLE 154 NOVANTA INC.: COMPANY OVERVIEW
                        FIGURE 61 NOVANTA INC.: COMPANY SNAPSHOT
                        TABLE 155 NOVANTA INC.: MOTION CONTROL PRODUCTS OFFERED
                        TABLE 156 NOVANTA INC.: DEALS
     13.2 OTHER PLAYERS 
             13.2.1 DOVER MOTION
             13.2.2 OMRON CORPORATION
             13.2.3 ALLIED MOTION, INC.
             13.2.4 AMETEK, INC.
             13.2.5 ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.
             13.2.6 POWERTEC
             13.2.7 DELTA ELECTRONICS, INC.
             13.2.8 BAUMÜLLER
             13.2.9 MOONS’
             13.2.10 ELMO MOTION CONTROL LTD.
             13.2.11 ABSOLUTE MACHINE TOOLS
             13.2.12 IQ MOTION CONTROL
             13.2.13 APPTRONIK
             13.2.14 GALIL
             13.2.15 ANALOG DEVICES, INC.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.  
 
14 ADJACENT MARKET (Page No. - 228)
     14.1 ENCODER MARKET 
     14.2 INTRODUCTION 
             FIGURE 62 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 157 ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 158 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     14.3 INDUSTRIAL 
             14.3.1 INCREASING USE OF ENCODERS IN ROBOTICS AND FACTORY AUTOMATION TO DRIVE MARKET
                        TABLE 159 INDUSTRIAL: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 160 INDUSTRIAL: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 161 INDUSTRIAL: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 162 INDUSTRIAL: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.4 HEALTHCARE 
             14.4.1 ADOPTION OF SURGICAL ROBOTS IN MEDICAL APPLICATIONS TO DRIVE MARKET
                        TABLE 163 HEALTHCARE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 164 HEALTHCARE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 165 HEALTHCARE: ENCODER MARKET, BY REGION, 2019–2022(USD MILLION)
                        TABLE 166 HEALTHCARE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.5 CONSUMER ELECTRONICS 
             14.5.1 PROLIFERATION OF LINEAR MOTOR ENCODERS IN ELECTRICAL APPLIANCES TO DRIVE MARKET
                        TABLE 167 CONSUMER ELECTRONICS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 168 CONSUMER ELECTRONICS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 169 CONSUMER ELECTRONICS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 170 CONSUMER ELECTRONICS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.6 AUTOMOTIVE 
             14.6.1 TREND OF AUTOMATION IN AUTOMOBILES TO DRIVE MARKET
                        TABLE 171 AUTOMOTIVE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 172 AUTOMOTIVE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 173 AUTOMOTIVE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 174 AUTOMOTIVE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.7 POWER 
             14.7.1 COMPLEXITIES IN SOLAR AND WIND ENERGY APPLICATIONS TO DRIVE MARKET
                        TABLE 175 POWER: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 176 POWER: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 177 POWER: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 178 POWER: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.8 FOOD & BEVERAGE 
             14.8.1 INTEGRATION OF IO-LINK TECHNOLOGY INTO ENCODERS TO DRIVE MARKET
                        TABLE 179 FOOD & BEVERAGE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 180 FOOD & BEVERAGE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 181 FOOD & BEVERAGE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 182 FOOD & BEVERAGE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.9 AEROSPACE 
             14.9.1 NEED FOR PRECISION CONTROL TECHNOLOGY IN AIRBORNE SYSTEMS TO DRIVE MARKET
                        TABLE 183 AEROSPACE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 184 AEROSPACE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 185 AEROSPACE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 186 AEROSPACE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.10 PRINTING 
             14.10.1 HIGH DEMAND FOR ROTARY ENCODERS IN PRINTING APPLICATIONS AND OFFICE EQUIPMENT TO DRIVE MARKET
                        TABLE 187 PRINTING: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 188 PRINTING: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 189 PRINTING: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 190 PRINTING: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
     14.11 TEXTILE 
             14.11.1 INTEGRATION OF ENCODERS IN WEAVING & KNITTING PROCESSES TO DRIVE MARKET
                        TABLE 191 TEXTILE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 192 TEXTILE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 193 TEXTILE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 194 TEXTILE: ENCODER MARKET, BY REGION, 2023–2028(USD MILLION)
     14.12 OTHER APPLICATIONS 
             TABLE 195 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
             TABLE 196 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
             TABLE 197 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 198 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
 
15 APPENDIX (Page No. - 247)
     15.1 INSIGHTS FROM INDUSTRY EXPERTS 
     15.2 DISCUSSION GUIDE 
     15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.4 CUSTOMIZATION OPTIONS 
     15.5 RELATED REPORTS 
     15.6 AUTHOR DETAILS 
 

The study involves four major activities that estimate the size of the motion control market. Exhaustive secondary research was conducted to collect information related to the market. Following this was validating these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the overall size of the motion control market. Subsequently, market breakdown and data triangulation procedures were used to determine the extent of different segments and subsegments of the market.

Secondary Research

Secondary sources in this research study include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, certified publications, articles from recognized authors; directories; and databases. The secondary data were collected and analyzed to estimate the overall market size, further validated by primary research.

Primary Research

In the primary research process, numerous sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information about this report. The primary sources from the supply side included various industry experts such as Chief X Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives from motion control system providers, such as ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan); research organizations, distributors, professional and managed service providers, industry associations, and key opinion leaders. Approximately 25% of the primary interviews were conducted with the demand side and 75% with the supply side. These data were collected mainly through questionnaires, emails, and telephonic interviews, accounting for 80% of the primary interviews.

Motion Control Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the market and other dependent submarkets listed in this report.

  • The key players in the industry and markets were identified through extensive secondary research.
  • Both the supply chain of the industry and the market size, in terms of value, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Motion Control Market: Bottom-Up Approach

Motion Control Market
 Size, and Bottom-up Approach

Motion Control Market: Top-Down Approach

Motion Control Market
 Size, and Top-Down Approach

Data Triangulation

After estimating the overall market size, the total market was split into several segments. The market breakdown and data triangulation procedures were employed wherever applicable to complete the overall market engineering process and gauge exact statistics for all segments. The data were triangulated by studying various factors and trends from both the demand and supply sides. The market was also validated using both top-down and bottom-up approaches.

Market Definition

Motion control refers to the field of engineering and technology dedicated to the precise management and regulation of the movement of machinery, equipment, and automated systems. It involves the utilization of various motion control systems, sensors, and actuators to govern the speed, position, and acceleration of mechanical components. Motion control is integral to a diverse array of industries, including manufacturing, robotics, automotive, aerospace, and healthcare, where exact and coordinated movement is essential for operational efficiency. The goal is to achieve accurate and reliable control over the motion of machinery, ensuring optimal performance, increased productivity, and enhanced overall operational effectiveness. Motion control systems can range from basic open-loop systems to more sophisticated closed-loop systems that incorporate feedback mechanisms to continuously adjust and refine the control process.

Stakeholders

  • Semiconductor product designers and fabricators
  • Connectivity providers
  • Application providers
  • Automation consultants
  • Automation system integrators
  • Platform providers
  • Business providers
  • Motion control distributors and providers
  • Professional service/solution providers
  • Research organizations
  • Technology standard organizations, forums, alliances, and associations
  • Technology investors

The main objectives of this study are as follows:

  • To define, describe, and forecast the motion control market based on offering, system, and industry
  • To estimate and forecast the market size, in terms of value, of various segments with regard to four main regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW)
  • To provide detailed information regarding the major factors influencing the growth of the motion control market (drivers, restraints, opportunities, industry-specific challenges)
  • To study and analyze Trends and Emerging Applications of Motion Control Technology and Trends and Emerging Implementation Areas of Motion Control Systems
  • To strategically analyze the micromarkets1 with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the motion control market
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies2 and provide a detailed competitive landscape for the market leaders
  • To analyze various development strategies such as mergers and acquisitions, new product launches and developments, and research and development implemented by the key market players in the motion control markets

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Country-wise Information:

  • Analysis for additional countries (up to five)

Company Information:

  • Detailed analysis and profiling of different market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
SE 3666
Published ON
Jan, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Motion Control Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback