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Motion Controllers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

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Motion Controllers control the velocity and position of machines. These controllers can be implemented with the help of both analog and digital computers. A motion controller comprises of load, prime mover, sensors and controlling machine for proper functioning of prime mover and load. Moreover, it is used to accomplish speed accuracy, increased position, fast reaction time, smooth movements, cost reduction, integrated automation, improved efficiency and consistency, elimination of hazards and better diagnosis and troubleshooting among others. These devices incorporate high force magnet materials, precise dimensional tolerance and innovative design machines. Motion controllers are widely used in printing, packaging, textile, assembly industries, semiconductor production and many other automation systems. 

The key driving factors for motion controllers market are increasing venture by manufacturing companies and rising concern for industrial safety. Moreover, immense developments of automation market along with rapid globalization have collectively increased the demand for huge production capacity within limited time frame. Thus there has been a surge in implementation of automation systems in industries worldwide. Different geographical drivers are also accountable for the growth of this market. In addition, demand from developing countries, such as India, China and Brazil are expected to create opportunities for motion controllers market in the future. However, high manufacturing cost and lack of skilled workers are hindering the growth of the market. This challenge has to be addressed by manufacturers in order to ensure efficient applications of motion controllers. 

Global motion controllers market can be broadly classified on the basis of technology, application and geography. By technology, the market for motion controllers has been broadly segmented into computerized numerical control and general motion control. Usage of these controllers is much simpler in general motion control machines compared to computerized numerical control machines. The market can be subdivided by application into automotive, machinery manufacturing, logistics, aerospace and defense, electronics and semiconductor, food and beverage, medical, paper and printing, oil and gas and energy. Machinery manufacturing, logistics and electronics and semiconductor are the major sectors which are expected to grow at a significant rate during the forecast period from 2015 to 2021. The major reason is attributed to potential demand for process automation and industrial safety in these sectors. By geography, the global market for motion controllers has been classified into North America, Europe, Asia Pacific and Rest of the World. 

In the present scenario, the market for motion controllers is dominated by Asia Pacific in terms of revenue, followed by North America and Europe. The major factor responsible for potential development of this market in Asia Pacific is huge adoption of these devices coupled with rapid technological advancement. However, North America and Europe is anticipated to grow at a significant rate in the future, primarily due to huge investment by manufacturing industries along with increase in industrialization. 

Some of the major players in this market are Schneider Electric (France), Siemens AG (Germany), Parker Hannifin Corp. (U.S.), Yaskawa Electric Corp. (Japan), ABB Ltd. (Switzerland), Moog Inc. (U.S.), Bosh Rexroth AG (Germany), Altra Industrial Motion Corporation (U.S.), Dover Motion Systems (U.S.) and Rockwell Automation (U.S.). 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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