Motion Control Market

Key Revenue Pockets - Motion Control Market

The global motion control market size is expected to grow from USD 14.9 billion in 2020 to USD 16.5 billion by 2025, at a CAGR of 2.5%. Growth in adoption of automation in manufacturing facilities to secure employee health & safety in the COVID-19 crisis, high adoption of advanced and automated processes in the manufacturing sector, safety-enabled productivity in industries due to stringent safety rules imposed by governments, increasing demand for industrial robots in manufacturing processes, ease of use and integration of IIoT with motion control systems are the key factors driving the growth of the motion control market.

Motion control is a subset of automation used in industrial processes for the movement of objects in a specified and controlled manner. For this purpose, various devices are used, such as pneumatic, hydraulic, electromechanical, or electric motor. The components, such as motion controllers, drives, and actuators with feedback devices, are used to complete the process in an open or closed loop.  

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The market for the closed-loop system segment is expected to grow at the highest CAGR during the forecast period. The adoption of closed-loop systems is high as the process is automated, and no human intervention is required. A closed-loop system can automatically adjust the systems’ inputs, improve the stability of a system, reduce system sensitivity, increase robustness, and create a reliable system without human intervention. Due to these factors, the adoption of a closed loop system is increasing.

Based on industry, the market for the pharmaceutical & cosmetics industry is expected to grow at the highest CAGR during the forecast period. Maintaining safety, consistency, and efficiency in manufacturing processes is the basic requirement of the pharmaceutical industry to ensure that products are of the highest quality. Thus, pharmaceutical companies use motion control solutions to minimize downtime and cost of operations and gain process visibility.

The motion control market has been segmented into North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest CAGR from 2020 to 2025, owing to the rapid urbanization and industrialization in developing countries. Moreover, the increasing automation activities in the industries such as use of customized robots for different applications, high growth in machine tool production, and other sectors related to the production of smartphones and automobiles, which include electronics assembly and semiconductor machinery are some of the reasons for the growth of the motion control products market in APAC.

Related Reports:

Motion Control Market with COVID-19 Impact by Component (Actuators & Mechanical systems, Motors, Motion Controllers, Drives, Sensor & Feedback Devices, Software & Services), System (Open Loop, Closed Loop), Industry, and Region - Global Forecast to 2025

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Report Code
SE 3666
RI Published ON
10/8/2020
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