Press release
Automotive Motion Control Industry Market Report: Analysis on Motion Control Market Booming Trends and Forecast Assessment Till 2026 By The Types of Application, Technology, End User and Region - North America, Europe, Japan, APEJ, MEA
Growing need for accuracy and precision during the manufacturing process has led to a surge in demand for motion control systems globally. Increasing demand for intelligent distribution system is further expected to impact growth of the global motion control market. This report, compiled by Fact.MR, provides in-depth analysis of the global motion control market for the forecast period 2017-2026, and offers key insights about future market direction.An up-to-date research report has been disclosed by FactMR highlighting the titled “Automotive Motion Control Industry Market Report: Analysis on Motion Control Market Booming Trends and Forecast Assessment Till 2026 By The Types of Application, Technology, End User and Region - North America, Europe, Japan, APEJ, MEA” which provides an outlook of current market value as well as the expected forecast including Rate on Investment (ROI) together with growing CAGR of 5.0% during 2017-2026. Motion control manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to motion control.
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As automating the factory floor is becoming a recent trend in various industries, adoption of the motor control continues to increase. Increasing production of electronics and electronic equipment has continued to contribute towards growth of the global motion motors market during the forecast period. Increasing production of electronic and automotive products has revved up the need for integrating various components. Manufacturers are increasingly adopting the motion control systems in the various industries in order to automate the production process in a cost-effective and faster manner. Adoption of the PC-based controllers and microcontrollers continues to witness significant adoption among the industrial manufacturers globally.
Demand for the ready-made graphical user interface enables the end users to tune the control and programming process conveniently. As the requirement for bottling, packaging, stacking, laser cutting and labelling increases, manufacturers are focusing on adopting leading technology that incorporated the manufacturing process with the distributed intelligence. Moreover, manufacturers are further focusing on developing the motion controllers that are equipped with the smart actuators that synchronizes and speeds up the production process. Growing need for quick transportation of the heavy components and equipment during the production process has led to an upsurge in adoption of the motor control systems in the manufacturing industry.
Growing need for simplified designing process is expected to rev up sales of the motion control systems during the forecast period. As it is a cost effective option, manufacturers continue to witness significant demand for the motion control systems in the global market. Adoption of the motion control system also enables the manufacturing industries to reduce cost of employing laborers for the production process. Equipped with intelligent technology, adoption of the motion control systems simplify the process of operating the machines.
A recent trend witnessed in various industries is increasing adoption of collaborative robotics equipped with smart actuators. Growing need for conveyor application has led to surge in demand for advanced motion technology and independently controlled movers. Adoption of advanced motion technology allows the alerts the operators regarding the status of production process, detect the mechanical changes and load during the manufacturing process. These factors will continue to boost growth of the global motion control market during the forecast period.
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Growing need for precise control of the linear or angular position has led to an upsurge in demand for the AC servo components globally. On the basis of component type, the AC servo segment is expected to represent a significant revenue growth, accounting for a value of over US$ 2,400 Mn by the end of 2026. On the other hand, the others component type segment is expected to register the highest CAGR throughout the forecast period.
Based on end users, the machinery segment is expected to generate significant revenues, recording a value of over US$ 1,300 Mn by the end of 2017. However, the others end user segment is expected to register a healthy CAGR through 2026.
By application, the metal cutting segment is expected to represent the highest revenue growth, accounting for a value of over US$ 1,700 Mn by the end of 2026. In contrary, the robotics application segment is expected to register a robust CAGR during the forecast period.
On the basis of technology, the computer numerical control segment is expected to represent a robust revenue growth, recording a value of over US$ 3,900 Mn by the end of 2026. Moreover, the computer numerical control technology segment is expected to register a significant CAGR throughout the forecast period.
Competition Tracking: Key Players
Leading market players operating in the global motion control market include Fanuc Corporation, YASKAWA Electric Corporation, Mitsubishi Electric Corporation, Rockwell Automation, Inc, Siemens AG, Robert Bosch GmbH, Parker-Hannifin Corp, ABB Ltd Schneider Electric S.E and Moog Inc.
Table of Contents:
Chapter 1 Global Outlook
Chapter 2 Global Motion Control market - Executive Summary
Chapter 3 Global Motion Control Market Overview
3.1 Introduction
3.1.1 Global Motion Control Market Taxonomy
3.1.2 Global Motion Control Market Definition
3.2 Global Motion Control market Size (US$ Mn) and Forecast, 2012-2026
3.2.1 Global Motion Control market Y-o-Y Growth
3.3 Manufacturing Sector Outlook
3.4 Global Machinery & Transport Equipment Value
3.5 Global Apparent Consumption
3.6 Global GDP & Industrial Production Outlook
3.7 Global Investment in Machine Tool
3.8 Global Semiconductor Equipment Sales
3.9 Key regulations
3.10 Technology Roadmap
3.11 Porter's Five Analysis
3.12 Route to Market
3.13 Forecast Factors
3.14 Key Regulations
3.15 PLC Analysis
3.16 PESTLE Analysis
3.17 Heat Map Analysis
3.18 Key OEM Strategies………………………….Continued
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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