Motion Controller Market is Growing Rapidly and Estimated to Reach USD 3211.34 Million with Worldwide Players like National Instruments, Schneider electric, Yokogawa Electric Corp., Toshiba Corporation, Omron Corporation, Delta Electronics 2018-2026

Market Highlights
According to Market Prognosis, the Global Motion Controller Market is accounted for $1,506.09 million in 2017 and is expected to reach $3,211.34 million by 2026 growing at a CAGR of 9.0% during the forecast period. The increasing demand for plant automation to achieve greater equipment efficiency, increased throughput and optimized process accuracy are some of the factors driving the market growth.

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Asia Pacific is the leading market for motion controller systems owing to the steady growth in end-use industries such as semiconductor, electronics, and food and beverages.
The market overview section of the report showcases the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. The report also provides the value chain analysis and key market indicators for the motion controller market.

Market Top Player’s
Some of the key players in the global market include Fuji electric, National Instruments, Schneider electric, Yokogawa Electric Corp., Toshiba Corporation, Omron Corporation, Delta Electronics, Inc., YASKAWA Electric Corporation, ABB Ltd, Mitsubishi Electric Corporation, Rockwell Automation Inc., Allied Motion Inc., Siemens AG, Parker Hannifin Corporation, Bosch Rexroth AG, Moog Inc., Altra Industrial Motion Corporation, Dover Motion, Galil, Googoltech and Acs Motion Control.

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Market Segments
Products Covered:
• Stand-alone motion controller
• PC-based motion controller
• PLC-based motion controller
Technologies Covered:
• Computerized Numerical Control (CNC) Motion Controllers
• General Motion Controllers (GMC)
Type of Axis Covered:
• Single-axis Controllers
• Multi-axis Controllers
End Users Covered:
• Metal and Mining
• Pharmaceuticals
• Food and Beverages
• Semiconductor and Electronics
• Aerospace and Defense
• Automotive
• Healthcare
• Plastic and rubber
• Robotics
• Oil and Gas
• Textile
• Other End Users

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This release was published on openPR.