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Motion Control Drive Market

Motion Control Drive Market [Type: AC Drive, DC Drive; End-use Industry: Electronics & Semiconductor, Food & Beverage, Industrial, Healthcare, Oil & Gas, Others] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Market Outlook 2031

  • The global motion control drive market size was valued at US$ 4.3 Bn in 2022
  • It is estimated to expand at a CAGR of 4.2% from 2023 to 2031 and reach US$ 6.1 Bn by the end of 2031

Analysts’ Viewpoint

Several applications, which were formerly dominated by constant speed and mains-fed induction motors, presently require advance variable speed control. This is fueling the need for motion control drives. In some applications, such as fans, compressors, and pumps, the need of motion control drive is driven by consumer demand for higher operating efficiencies. High-performance applications in robotics, process control, and machine tools demand variable speed and increased precision, which can achieved by control algorithms.

Key players in the market are adopting advanced technology to optimize motion control and to enhance system stability. Prominent manufacturers are following motion control drive market trends and focusing on various growth strategies, such as collaborations with key players, merger & acquisition, product launches, and developing worldwide distribution network, to increase their motion control drive market share. Increase in automation activities, rise in production of machine tools, and production of automobiles and smartphones using electronic and semiconductor machinery in Asia Pacific are key factors propelling the motion control drive market growth in the region.

Motion Control Drive Market

Introduction

Motion control drive is a component of the automation system that drives motors that are used to power production process. The motion controller plays an important role in deciding the operational efficiency of components used in the loop of motion control drive system and consequently, the entire system. These drives can be used to control AC / DC brushless or DC brushed motors, combining high densities of power with compact packages.

Demand for motor control drive is increasing in production processes in various industries, including food & beverage, oil & gas, electronics, automotive, and semiconductor. Various motor types are in used, depending on the application; the most common include brushless DC motor, AC induction motor, permanent-magnet synchronous motor, and newer designs such as the switched-reluctance motor.

Increased Need for Safety across Industries

Significant rise in the number of factory-based accidents are driving the need for automation-based devices to enhance worker safety

  • For instance, as per Health and Safety Executive, a government body responsible for workplace health, safety and welfare in Great Britain, stated in one of its report that 13 people died in 2017-18 because of contact with moving machinery out of the total 144 workers killed in 2017-18
  • Additionally, in 2021 as per United States Department of Labor, a total of 5,190 work injuries were recorded in U.S. It was an increase of 8.9% from year 2020.

Growing automation can help reduce fatal hazards at the workplace by replacing workforce for redundant procedures in a factory or manufacturing facility. Rising automation could have a significant impact on the motion control devices market demand, thereby reducing workplace accidents. This is estimated to contribute to the motion control drive industry growth.

Ease of Use and Integration of Drives within Motion Control Systems

Motion control drives help direct the motor for specific movements and to direct the load in the machine in a particular direction. Growing advancements in products have meant that the latest motion control provides a combined solution of drives included within the controllers.

Moreover, the installation of motion control drives in an existing motion control system is comparatively easier for an operator owing to its simple architecture. Ease of use and integration of motion control drives within different types of motion control systems used in various industry verticals, including electronics, food & beverage, packaging, robotics, and semiconductors, and the growing use of automation are estimated to positively impact the global motion control drives market forecast in the near future.

High Demand for AC Motion Control Drive Systems

In terms of type, the global motion control drive market segmentation comprises AC drive and DC drive. The AC drive segment held 67.3% of the market share in 2022. It is likely to maintain the status quo and expand at a growth rate of 4.5% during the forecast period. AC motion control drives dominate the market because they are less expensive as compared to DC drives. Additionally, the AC drive has two converter circuits, i.e. inverter for DC to AC conversion and rectifier for AC to DC conversion, which enhances signal conditioning and provides voltage and current that caters to all power requirements of users.

High Accuracy and Precision of Multi-axis to Motion Control Drive to Boost Market Growth

In terms of type of axis, the multi-axis segment held 56.86% share of the global market in 2022. It is likely to maintain the status quo and expand at a growth rate of 4.4% during the forecast period. Demand for multi-axis motion control drive is considerably high due to growing demand for multi-axis motion control drive in robotics and automation applications. Moreover, most of the electronics and semiconductor industry requires multi-axis control drives to achieve higher accuracy and precision.

Regional Outlook

According to the region-wise global motion control drive market analysis, Asia Pacific held 38.22% share of the global industry in 2022, while North America accounted for 30.54% share in 2022. Asia Pacific accounted for a dominant share of global motion control drive market revenue due to the presence of a large number of end-use industries in this region. Moreover, various end-use industries, such as automotive and electronics & semiconductor, need high precision and accuracy to control various parts of machines used in diverse manufacturing processes. This is driving the application of motion control drives in several production processes. Furthermore, new entrants in developing countries in Asia Pacific are focusing on automation in their manufacturing plants, which in turn is further boosting the motion control market dynamics in the region.

North America is expected to witness an increase in demand for manufacturing and robotics applications among various end-use industries. This is expected to boost the motion control drive market opportunities in the region during the forecast period.

Analysis of Key Players in Motion Control Drive Market

The global motion control drive business is fragmented owing to the presence of a large number of players. Majority of companies are focusing on expansion of product portfolios and mergers and acquisitions in order to consolidate their position in the market. Key players operating in the motion control drive industry include ABB Ltd, Allied Motion Inc., Fuji Electric Co. Ltd, Lin Engineering, Inc., Mitsubishi Electric Corporation, National Instruments, Inc., Omron Corporation, PICS, INC., Rockwell Automation Inc., Schneider Electric S.E, Siemens AG, STMicroelectronics, Toshiba Corporation, YASKAWA Electric Corporation, and Yokogawa Electric Corp.

Key Developments

  • On April 03, 2023, Delta Line introduced new multi-axis brushless DC motor controller. It controls up to 3 motors and provides axis synchronization to make it a cost-effective integration motion controller.
  • In October 2022, Celera Motion, a business division of Novanta Inc., announced the launch of new Everest Series, which is 30% smaller than its predecessor. This series was introduced to cater to the growing demand for faster and smaller servo drives in order to provide space for various applications and for better performance.
  • In March 2021 Siemens AG released a new servo drive system to simplify motion control for machine builders. It offers a new servo drive system of 50–750 watts. This servo drive system is used in handling applications such as pick-and-place, packaging machines, wood and plastics processing, as well as digital printing and life sciences. 

The motion control drive market report includes profiles of key players who have been analyzed based on parameters such as company overview, financial overview, product portfolio, business segments, business strategies, and recent developments.

Motion Control Drive Market Snapshot

Attribute

Detail

Market Size Value in 2022

US$ 4.3 Bn

Market Forecast Value in 2031

US$ 6.1 Bn

Growth Rate

(CAGR)

4.2%

Forecast Period

2023–2031

Historical Data Available for

2017–2021

Quantitative Units

US$ Bn for Value & Billion Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Type
    • AC Drive
    • DC Drive
  • Type of Axis
    • Multi-axis
    • Single-axis
  • Precision
    • Very High Precision
    • High Precision
    • Standard
  • End-use Industry
    • Electronics & Semiconductor
    • Food & Beverage
    • Industrial
    • Healthcare
    • Oil & Gas
    • Others  

Regions Covered

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

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Japan
  • China
  • India
  • ASEAN
  • GCC
  • South Africa
  • Brazil

Companies Profiled

  • ABB Ltd.
  • Allied Motion Inc.
  • Fuji Electric Co. Ltd
  • Lin Engineering, Inc.
  • Mitsubishi Electric Corporation
  • National Instruments, Inc.
  • Omron Corporation
  • PICS, INC.
  • Rockwell Automation Inc.
  • Schneider Electric S.E.
  • Siemens AG
  • STMicroelectronics
  • Toshiba Corporation
  • YASKAWA Electric Corporation
  • Yokogawa Electric Corp.

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big is the market size of motion control drive in 2022?

The global market was valued at US$ 4.3 Bn in 2022

How much will the CAGR of the motion control drive market be from 2023 to 2031?

The market is expected to expand at a CAGR of 4.2% from 2023 to 2031

What are the key factors driving the motion control drive business?

Increased need for safety across industries and ease of use and integration of drives within motion control systems

Which type segment contributed to the largest share in 2022?

The AC drive type segment accounted for major share of 67.30% in 2022

Which type of axis segment contributed to the largest share in 2022?

The multi-axis segment accounted for 56.86% share market in 2022

Which region is more attractive for vendors in the global market?

Asia Pacific was highly attractive for vendors and held 38.22% share of the global market

How big was the market size of China in 2022?

The market in China was valued at US$ 0.72 Bn in 2022

Who are the prominent players in the motion control drive industry?

ABB Ltd, Allied Motion Inc., Fuji Electric Co. Ltd, Lin Engineering, Inc., Mitsubishi Electric Corporation, National Instruments, Inc., Omron Corporation, PICS, INC., Rockwell Automation Inc., Schneider Electric S.E, Siemens AG, STMicroelectronics, Toshiba Corporation, YASKAWA Electric Corporation, and Yokogawa Electric Corp.

    1. Preface

        1.1. Market Introduction

        1.2. Market and Segments Definition

        1.3. Market Taxonomy

        1.4. Research Methodology

        1.5. Assumption and Acronyms

    2. Executive Summary

        2.1. Global Motion Control Drive Market Overview

        2.2. Regional Outline

        2.3. Industry Outline

        2.4. Market Dynamics Snapshot

        2.5. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Drivers

        3.3. Restraints

        3.4. Opportunities

        3.5. Key Trends

        3.6. Regulatory Framework

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview - Global Industrial Automation Industry Overview

        4.2. Supply Chain Analysis

        4.3. Pricing Analysis

        4.4. Technology Roadmap

        4.5. Industry SWOT Analysis

        4.6. Porter’s Five Forces Analysis

        4.7. COVID-19 Impact and Recovery Analysis

    5. Global Motion Control Drive Market Analysis, by Type

        5.1. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2017–2031

            5.1.1. AC Drive

            5.1.2. DC Drive

        5.2. Market Attractiveness Analysis, by Type

    6. Global Motion Control Drive Market Analysis, by Type of Axis

        6.1. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type of Axis, 2017–2031

            6.1.1. Multi-axis

            6.1.2. Single-axis

        6.2. Market Attractiveness Analysis, by Type of Axis

    7. Global Motion Control Drive Market Analysis, by Precision

        7.1. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by Precision, 2017–2031

            7.1.1. Very High Precision

            7.1.2. High Precision

            7.1.3. Standard

        7.2. Market Attractiveness Analysis, by Precision

    8. Global Motion Control Drive Market Analysis, by End-use Industry

        8.1. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            8.1.1. Electronics & Semiconductor

            8.1.2. Food & Beverage

            8.1.3. Industrial

            8.1.4. Healthcare

            8.1.5. Oil & Gas

            8.1.6. Others

        8.2. Market Attractiveness Analysis, by End-use Industry

    9. Global Motion Control Drive Market Analysis and Forecast, by Region

        9.1. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Region, 2017–2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East & Africa

            9.1.5. South America

        9.2. Market Attractiveness Analysis, by Region

    10. North America Motion Control Drive Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. Drivers and Restraints: Impact Analysis

        10.3. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2017–2031

            10.3.1. AC Drive

            10.3.2. DC Drive

        10.4. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type of Axis, 2017–2031

            10.4.1. Multi-axis

            10.4.2. Single-axis

        10.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by Precision, 2017–2031

            10.5.1. Very High Precision

            10.5.2. High Precision

            10.5.3. Standard

        10.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            10.6.1. Electronics & Semiconductor

            10.6.2. Food & Beverage

            10.6.3. Industrial

            10.6.4. Healthcare

            10.6.5. Oil & Gas

            10.6.6. Others

        10.7. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

            10.7.1. The U.S.

            10.7.2. Canada

            10.7.3. Rest of North America

        10.8. Market Attractiveness Analysis

            10.8.1. By Type

            10.8.2. By Type of Axis

            10.8.3. By Precision

            10.8.4. By End-use Industry

            10.8.5. By Country/Sub-region

    11. Europe Motion Control Drive Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. Drivers and Restraints: Impact Analysis

        11.3. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2017–2031

            11.3.1. AC Drive

            11.3.2. DC Drive

        11.4. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type of Axis, 2017–2031

            11.4.1. Multi-axis

            11.4.2. Single-axis

        11.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by Precision, 2017–2031

            11.5.1. Very High Precision

            11.5.2. High Precision

            11.5.3. Standard

        11.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            11.6.1. Electronics & Semiconductor

            11.6.2. Food & Beverage

            11.6.3. Industrial

            11.6.4. Healthcare

            11.6.5. Oil & Gas

            11.6.6. Others

        11.7. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

            11.7.1. The U.K.

            11.7.2. Germany

            11.7.3. France

            11.7.4. Rest of Europe

        11.8. Market Attractiveness Analysis

            11.8.1. By Type

            11.8.2. By Type of Axis

            11.8.3. By Precision

            11.8.4. By End-use Industry

            11.8.5. By Country/Sub-region

    12. Asia Pacific Motion Control Drive Market Analysis and Forecast

        12.1. Market Snapshot

        12.2. Drivers and Restraints: Impact Analysis

        12.3. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2017–2031

            12.3.1. AC Drive

            12.3.2. DC Drive

        12.4. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type of Axis, 2017–2031

            12.4.1. Multi-axis

            12.4.2. Single-axis

        12.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by Precision, 2017–2031

            12.5.1. Very High Precision

            12.5.2. High Precision

            12.5.3. Standard

        12.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            12.6.1. Electronics & Semiconductor

            12.6.2. Food & Beverage

            12.6.3. Industrial

            12.6.4. Healthcare

            12.6.5. Oil & Gas

            12.6.6. Others

        12.7. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

            12.7.1. China

            12.7.2. Japan

            12.7.3. India

            12.7.4. South Korea

            12.7.5. ASEAN

            12.7.6. Rest of Asia Pacific

        12.8. Market Attractiveness Analysis

            12.8.1. By Type

            12.8.2. By Type of Axis

            12.8.3. By Precision

            12.8.4. By End-use Industry

            12.8.5. By Country/Sub-region

    13. Middle East & Africa Motion Control Drive Market Analysis and Forecast

        13.1. Market Snapshot

        13.2. Drivers and Restraints: Impact Analysis

        13.3. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2017–2031

            13.3.1. AC Drive

            13.3.2. DC Drive

        13.4. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type of Axis, 2017–2031

            13.4.1. Multi-axis

            13.4.2. Single-axis

        13.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by Precision, 2017–2031

            13.5.1. Very High Precision

            13.5.2. High Precision

            13.5.3. Standard

        13.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            13.6.1. Electronics & Semiconductor

            13.6.2. Food & Beverage

            13.6.3. Industrial

            13.6.4. Healthcare

            13.6.5. Oil & Gas

            13.6.6. Others

        13.7. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

            13.7.1. GCC

            13.7.2. South Africa

            13.7.3. Rest of Middle East & Africa

        13.8. Market Attractiveness Analysis

            13.8.1. By Type

            13.8.2. By Type of Axis

            13.8.3. By Precision

            13.8.4. By End-use Industry

            13.8.5. By Country/Sub-region

    14. South America Motion Control Drive Market Analysis and Forecast

        14.1. Market Snapshot

        14.2. Drivers and Restraints: Impact Analysis

        14.3. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type, 2017–2031

            14.3.1. AC Drive

            14.3.2. DC Drive

        14.4. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Type of Axis, 2017–2031

            14.4.1. Multi-axis

            14.4.2. Single-axis

        14.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by Precision, 2017–2031

            14.5.1. Very High Precision

            14.5.2. High Precision

            14.5.3. Standard

        14.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            14.6.1. Electronics & Semiconductor

            14.6.2. Food & Beverage

            14.6.3. Industrial

            14.6.4. Healthcare

            14.6.5. Oil & Gas

            14.6.6. Others

        14.7. Motion Control Drive Market Size (US$ Bn) and Volume (Billion Units) Analysis & Forecast, by Country and Sub-region, 2017–2031

            14.7.1. Brazil

            14.7.2. Rest of South America

        14.8. Market Attractiveness Analysis

            14.8.1. By Type

            14.8.2. By Type of Axis

            14.8.3. By Precision

            14.8.4. By End-use Industry

            14.8.5. By Country/Sub-region

    15. Competition Assessment

        15.1. Global Motion Control Drive Market Competition Matrix - a Dashboard View

            15.1.1. Global Motion Control Drive Market Company Share Analysis, by Value (2022)

            15.1.2. Technological Differentiator

    16. Company Profiles (Global Manufacturers/Suppliers)

        16.1. ABB Ltd.

            16.1.1. Overview

            16.1.2. Product Portfolio

            16.1.3. Sales Footprint

            16.1.4. Key Subsidiaries or Distributors

            16.1.5. Strategy and Recent Developments

            16.1.6. Key Financials

        16.2. Allied Motion Inc.

            16.2.1. Overview

            16.2.2. Product Portfolio

            16.2.3. Sales Footprint

            16.2.4. Key Subsidiaries or Distributors

            16.2.5. Strategy and Recent Developments

            16.2.6. Key Financials

        16.3. Fuji Electric Co. Ltd

            16.3.1. Overview

            16.3.2. Product Portfolio

            16.3.3. Sales Footprint

            16.3.4. Key Subsidiaries or Distributors

            16.3.5. Strategy and Recent Developments

            16.3.6. Key Financials

        16.4. Lin Engineering, Inc.

            16.4.1. Overview

            16.4.2. Product Portfolio

            16.4.3. Sales Footprint

            16.4.4. Key Subsidiaries or Distributors

            16.4.5. Strategy and Recent Developments

            16.4.6. Key Financials

        16.5. Mitsubishi Electric Corporation

            16.5.1. Overview

            16.5.2. Product Portfolio

            16.5.3. Sales Footprint

            16.5.4. Key Subsidiaries or Distributors

            16.5.5. Strategy and Recent Developments

            16.5.6. Key Financials

        16.6. National Instruments, Inc.

            16.6.1. Overview

            16.6.2. Product Portfolio

            16.6.3. Sales Footprint

            16.6.4. Key Subsidiaries or Distributors

            16.6.5. Strategy and Recent Developments

            16.6.6. Key Financials

        16.7. Omron Corporation

            16.7.1. Overview

            16.7.2. Product Portfolio

            16.7.3. Sales Footprint

            16.7.4. Key Subsidiaries or Distributors

            16.7.5. Strategy and Recent Developments

            16.7.6. Key Financials

        16.8. PICS, INC.

            16.8.1. Overview

            16.8.2. Product Portfolio

            16.8.3. Sales Footprint

            16.8.4. Key Subsidiaries or Distributors

            16.8.5. Strategy and Recent Developments

            16.8.6. Key Financials

        16.9. Rockwell Automation Inc.

            16.9.1. Overview

            16.9.2. Product Portfolio

            16.9.3. Sales Footprint

            16.9.4. Key Subsidiaries or Distributors

            16.9.5. Strategy and Recent Developments

            16.9.6. Key Financials

        16.10. Schneider Electric S.E.

            16.10.1. Overview

            16.10.2. Product Portfolio

            16.10.3. Sales Footprint

            16.10.4. Key Subsidiaries or Distributors

            16.10.5. Strategy and Recent Developments

            16.10.6. Key Financials

        16.11. Siemens AG

            16.11.1. Overview

            16.11.2. Product Portfolio

            16.11.3. Sales Footprint

            16.11.4. Key Subsidiaries or Distributors

            16.11.5. Strategy and Recent Developments

            16.11.6. Key Financials

        16.12. STMicroelectronics

            16.12.1. Overview

            16.12.2. Product Portfolio

            16.12.3. Sales Footprint

            16.12.4. Key Subsidiaries or Distributors

            16.12.5. Strategy and Recent Developments

            16.12.6. Key Financials

        16.13. Toshiba Corporation

            16.13.1. Overview

            16.13.2. Product Portfolio

            16.13.3. Sales Footprint

            16.13.4. Key Subsidiaries or Distributors

            16.13.5. Strategy and Recent Developments

            16.13.6. Key Financials

        16.14. YASKAWA Electric Corporation

            16.14.1. Overview

            16.14.2. Product Portfolio

            16.14.3. Sales Footprint

            16.14.4. Key Subsidiaries or Distributors

            16.14.5. Strategy and Recent Developments

            16.14.6. Key Financials

        16.15. Yokogawa Electric Corp.

            16.15.1. Overview

            16.15.2. Product Portfolio

            16.15.3. Sales Footprint

            16.15.4. Key Subsidiaries or Distributors

            16.15.5. Strategy and Recent Developments

            16.15.6. Key Financials

    17. Go to Market Strategy

        17.1. Identification of Potential Market Spaces

        17.2. Understanding Buying Process of Customers

        17.3. Preferred Sales & Marketing Strategy

    List of Tables

    Table 1: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017‒2031

    Table 2: Global Motion Control Drive Market Volume (Billion Units) & Forecast, by Type, 2017‒2031

    Table 3: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Type of Axis, 2017‒2031

    Table 4: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017‒2031

    Table 5: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 6: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Region, 2017‒2031

    Table 7: Global Motion Control Drive Market Volume (Billion Units) & Forecast, by Region, 2017‒2031

    Table 8: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017‒2031

    Table 9: North America Motion Control Drive Market Volume (Billion Units) & Forecast, by Type, 2017‒2031

    Table 10: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Type of Axis, 2017‒2031

    Table 11: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017‒2031

    Table 12: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 13: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 14: North America Motion Control Drive Market Volume (Billion Units) & Forecast, by Country and Sub-region, 2017‒2031

    Table 15: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017‒2031

    Table 16: Europe Motion Control Drive Market Volume (Billion Units) & Forecast, by Type, 2017‒2031

    Table 17: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Type of Axis, 2017‒2031

    Table 18: Europe Motion Control Drive Market Volume (Billion Units) & Forecast, by Type of Axis, 2017‒2031

    Table 19: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017‒2031

    Table 20: Europe Motion Control Drive Market Volume (Billion Units) & Forecast, by Precision, 2017‒2031

    Table 21: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 22: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 23: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 24: Europe Motion Control Drive Market Volume (Billion Units) & Forecast, by Country and Sub-region, 2017‒2031

    Table 25: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017‒2031

    Table 26: Asia Pacific Motion Control Drive Market Volume (Billion Units) & Forecast, by Type, 2017‒2031

    Table 27: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Type of Axis, 2017‒2031

    Table 28: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017‒2031

    Table 29: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 30: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 31: Asia Pacific Motion Control Drive Market Volume (Billion Units) & Forecast, by Country and Sub-region, 2017‒2031

    Table 32: Middle East and Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017‒2031

    Table 33: Middle East and Africa Motion Control Drive Market Volume (Billion Units) & Forecast, by Type, 2017‒2031

    Table 34: Middle East and Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Type of Axis, 2017‒2031

    Table 35: Middle East and Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017‒2031

    Table 36: Middle East and Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 37: Middle East and Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 38: Middle East and Africa Motion Control Drive Market Volume (Billion Units) & Forecast, by Country and Sub-region, 2017‒2031

    Table 39: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017‒2031

    Table 40: South America Motion Control Drive Market Volume (Billion Units) & Forecast, by Type, 2017‒2031

    Table 41: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Type of Axis, 2017‒2031

    Table 42: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017‒2031

    Table 43: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 44: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 45: South America Motion Control Drive Market Volume (Billion Units) & Forecast, by Country and Sub-region, 2017‒2031

    List of Figures

    Figure 01: Supply Chain Analysis - Global Motion Control Drive

    Figure 02: Porter Five Forces Analysis - Global Motion Control Drive

    Figure 03: Technology Road Map - Global Motion Control Drive

    Figure 04: Global Motion Control Drive Market, Value (US$ Bn), 2017-2031

    Figure 05: Global Motion Control Drive Market Size & Forecast, Y-O-Y, Value (US$ Bn), 2017‒2031

    Figure 06: Global Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017‒2031

    Figure 07: Global Motion Control Drive Market, Incremental Opportunity, by Type, 2023‒2031

    Figure 08: Global Motion Control Drive Market Share Analysis, by Type, 2023 and 2031

    Figure 09: Global Motion Control Drive Market Projections by Type of Axis, Value (US$ Bn), 2017‒2031

    Figure 10: Global Motion Control Drive Market, Incremental Opportunity, by Type of Axis, 2023‒2031

    Figure 11: Global Motion Control Drive Market Share Analysis, by Type of Axis, 2023 and 2031

    Figure 12: Global Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017‒2031

    Figure 13: Global Motion Control Drive Market, Incremental Opportunity, by Precision, 2023‒2031

    Figure 14: Global Motion Control Drive Market Share Analysis, by Precision, 2023 and 2031

    Figure 15: Global Motion Control Drive Market Projections by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 16: Global Motion Control Drive Market, Incremental Opportunity, by End-use Industry, 2023‒2031

    Figure 17: Global Motion Control Drive Market Share Analysis, by End-use Industry, 2023 and 2031

    Figure 18: Global Motion Control Drive Market Projections by Region, Value (US$ Bn), 2017‒2031

    Figure 19: Global Motion Control Drive Market, Incremental Opportunity, by Region, 2023‒2031

    Figure 20: Global Motion Control Drive Market Share Analysis, by Region, 2023 and 2031

    Figure 21: North America Motion Control Drive Market Size & Forecast, Value (US$ Bn), 2017‒2031

    Figure 22: North America Motion Control Drive Market Size & Forecast, Y-O-Y, Value (US$ Bn), 2017‒2031

    Figure 23: North America Motion Control Drive Market Projections by Type Value (US$ Bn), 2017‒2031

    Figure 24: North America Motion Control Drive Market, Incremental Opportunity, by Type, 2023‒2031

    Figure 25: North America Motion Control Drive Market Share Analysis, by Type, 2023 and 2031

    Figure 26: North America Motion Control Drive Market Projections by Type of Axis Value (US$ Bn), 2017‒2031

    Figure 27: North America Motion Control Drive Market, Incremental Opportunity, by Type of Axis, 2023‒2031

    Figure 28: North America Motion Control Drive Market Share Analysis, by Type of Axis, 2023 and 2031

    Figure 29: North America Motion Control Drive Market Projections by Precision (US$ Bn), 2017‒2031

    Figure 30: North America Motion Control Drive Market, Incremental Opportunity, by Precision, 2023‒2031

    Figure 31: North America Motion Control Drive Market Share Analysis, by Precision, 2023 and 2031

    Figure 32: North America Motion Control Drive Market Projections by End-use Industry Value (US$ Bn), 2017‒2031

    Figure 33: North America Motion Control Drive Market, Incremental Opportunity, by End-use Industry, 2023‒2031

    Figure 34: North America Motion Control Drive Market Share Analysis, by End-use Industry, 2023 and 2031

    Figure 35: North America Motion Control Drive Market Projections by Country and sub-region, Value (US$ Bn), 2017‒2031

    Figure 36: North America Motion Control Drive Market, Incremental Opportunity, by Country and sub-region, 2023‒2031

    Figure 37: North America Motion Control Drive Market Share Analysis, by Country and sub-region 2023 and 2031

    Figure 38: Europe Motion Control Drive Market Size & Forecast, Value (US$ Bn), 2017‒2031

    Figure 39: Europe Motion Control Drive Market Size & Forecast, Y-O-Y, Value (US$ Bn), 2017‒2031

    Figure 40: Europe Motion Control Drive Market Projections by Type Value (US$ Bn), 2017‒2031

    Figure 41: Europe Motion Control Drive Market, Incremental Opportunity, by Type, 2023‒2031

    Figure 42: Europe Motion Control Drive Market Share Analysis, by Type, 2023 and 2031

    Figure 43: Europe Motion Control Drive Market Projections by Type of Axis, Value (US$ Bn), 2017‒2031

    Figure 44: Europe Motion Control Drive Market, Incremental Opportunity, by Type of Axis, 2023‒2031

    Figure 45: Europe Motion Control Drive Market Share Analysis, by Type of Axis, 2023 and 2031

    Figure 46: Europe Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017‒2031

    Figure 47: Europe Motion Control Drive Market, Incremental Opportunity, by Precision, 2023‒2031

    Figure 48: Europe Motion Control Drive Market Share Analysis, by Precision, 2023 and 2031

    Figure 49: Europe Motion Control Drive Market Projections by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 50: Europe Motion Control Drive Market, Incremental Opportunity, by End-use Industry, 2023‒2031

    Figure 51: Europe Motion Control Drive Market Share Analysis, by End-use Industry, 2023 and 2031

    Figure 52: Europe Motion Control Drive Market Projections by Country and sub-region, Value (US$ Bn), 2017‒2031

    Figure 53: Europe Motion Control Drive Market, Incremental Opportunity, by Country and sub-region, 2023‒2031

    Figure 54: Europe Motion Control Drive Market Share Analysis, by Country and sub-region 2023 and 2031

    Figure 55: Asia Pacific Motion Control Drive Market Size & Forecast, Value (US$ Bn), 2017‒2031

    Figure 56: Asia Pacific Motion Control Drive Market Size & Forecast, Y-O-Y, Value (US$ Bn), 2017‒2031

    Figure 57: Asia Pacific Motion Control Drive Market Projections by Type Value (US$ Bn), 2017‒2031

    Figure 58: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Type, 2023‒2031

    Figure 59: Asia Pacific Motion Control Drive Market Share Analysis, by Type, 2023 and 2031

    Figure 60: Asia Pacific Motion Control Drive Market Projections by Type of Axis Value (US$ Bn), 2017‒2031

    Figure 61: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Type of Axis, 2023‒2031

    Figure 62: Asia Pacific Motion Control Drive Market Share Analysis, by Type of Axis, 2023 and 2031

    Figure 63: Asia Pacific Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017‒2031

    Figure 64: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Precision, 2023‒2031

    Figure 65: Asia Pacific Motion Control Drive Market Share Analysis, by Precision, 2023 and 2031

    Figure 66: Asia Pacific Motion Control Drive Market Projections by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 67: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by End-use Industry, 2023‒2031

    Figure 68: Asia Pacific Motion Control Drive Market Share Analysis, by End-use Industry, 2023 and 2031

    Figure 69: Asia Pacific Motion Control Drive Market Projections by Country and sub-region, Value (US$ Bn), 2017‒2031

    Figure 70: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Country and sub-region, 2023‒2031

    Figure 71: Asia Pacific Motion Control Drive Market Share Analysis, by Country and sub-region 2023 and 2031

    Figure 72: MEA Motion Control Drive Market Size & Forecast, Value (US$ Bn), 2017‒2031

    Figure 73: MEA Motion Control Drive Market Size & Forecast, Y-O-Y, Value (US$ Bn), 2017‒2031

    Figure 74: MEA Motion Control Drive Market Projections by Type Value (US$ Bn), 2017‒2031

    Figure 75: MEA Motion Control Drive Market, Incremental Opportunity, by Type, 2023‒2031

    Figure 76: MEA Motion Control Drive Market Share Analysis, by Type, 2023 and 2031

    Figure 77: MEA Motion Control Drive Market Projections by Type of Axis Value (US$ Bn), 2017‒2031

    Figure 78: MEA Motion Control Drive Market, Incremental Opportunity, by Type of Axis, 2023‒2031

    Figure 79: MEA Motion Control Drive Market Share Analysis, by Type of Axis, 2023 and 2031

    Figure 80: MEA Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017‒2031

    Figure 81: MEA Motion Control Drive Market, Incremental Opportunity, by Precision, 2023‒2031

    Figure 82: MEA Motion Control Drive Market Share Analysis, by Precision, 2023 and 2031

    Figure 83: MEA Motion Control Drive Market Projections by End-use Industry Value (US$ Bn), 2017‒2031

    Figure 84: MEA Motion Control Drive Market, Incremental Opportunity, by End-use Industry, 2023‒2031

    Figure 85: MEA Motion Control Drive Market Share Analysis, by End-use Industry, 2023 and 2031

    Figure 86: MEA Motion Control Drive Market Projections by Country and sub-region, Value (US$ Bn), 2017‒2031

    Figure 87: MEA Motion Control Drive Market, Incremental Opportunity, by Country and sub-region, 2023‒2031

    Figure 88: MEA Motion Control Drive Market Share Analysis, by Country and sub-region 2023 and 2031

    Figure 89: South America Motion Control Drive Market Size & Forecast, Value (US$ Bn), 2017‒2031

    Figure 90: South America Motion Control Drive Market Size & Forecast, Y-O-Y, Value (US$ Bn), 2017‒2031

    Figure 91: South America Motion Control Drive Market Projections by Type Value (US$ Bn), 2017‒2031

    Figure 92: South America Motion Control Drive Market, Incremental Opportunity, by Type, 2023‒2031

    Figure 93: South America Motion Control Drive Market Share Analysis, by Type, 2023 and 2031

    Figure 94: South America Motion Control Drive Market Projections by Type of Axis Value (US$ Bn), 2017‒2031

    Figure 95: South America Motion Control Drive Market, Incremental Opportunity, by Type of Axis, 2023‒2031

    Figure 96: South America Motion Control Drive Market Share Analysis, by Type of Axis, 2023 and 2031

    Figure 97: South America Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017‒2031

    Figure 98: South America Motion Control Drive Market, Incremental Opportunity, by Precision, 2023‒2031

    Figure 99: South America Motion Control Drive Market Share Analysis, by Precision, 2023 and 2031

    Figure 100: South America Motion Control Drive Market Projections by End-use Industry Value (US$ Bn), 2017‒2031

    Figure 101: South America Motion Control Drive Market, Incremental Opportunity, by End-use Industry, 2023‒2031

    Figure 102: South America Motion Control Drive Market Share Analysis, by End-use Industry, 2023 and 2031

    Figure 103: South America Motion Control Drive Market Projections by Country and sub-region, Value (US$ Bn), 2017‒2031

    Figure 104: South America Motion Control Drive Market, Incremental Opportunity, by Country and sub-region, 2023‒2031

    Figure 105: South America Motion Control Drive Market Share Analysis, by Country and sub-region 2023 and 2031

    Figure 106: Global Motion Control Drive Market Competition

    Figure 107: Global Motion Control Drive Market Company Share Analysis

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