Press release
Global Motion Control Drive Market - Insights, Industry Player (ABB Ltd., Allied Motion Inc., Omron Corporation, PICS Inc.), Key County Analysis (North America, United States, Europe, China), Segmentation, Analysis and Forecast till 2018-2026
MRRSE
A market overview chapter in the motion control drive market report explains the market trends and dynamics that include the market drivers, restraining factors, and opportunities for the current and future motion control drive market. A market outlook analysis has also been provided globally in the report. Additionally, the report also provides analysis of different business strategies being adopted by market leaders of the motion control drive market.The market introduction chapter helps in gaining an idea of different trends and services related to motion control drives along with their devices.
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A motion controller contains motion profiles and target positions and it creates trajectories for motors and/or actuators. Motion control drives are an integral part of motion controllers. They are mostly used for process automation in various end-use industries such as electronics and assembly, robotics, semiconductors, and food & beverages among others. This is due to the advancement in processing speed, precision, and reliability of these systems. Also, increasing complexity in electronic equipment manufacturing processes is driving the need for high-tech motors, drives, and controllers. This is further likely to drive the motion control drive market during forecast the period. In 2017, the global motion control drive market was valued at US$ 6,446.99 Mn and is anticipated to reach US$ 11,681.10 Mn in 2026, expanding at a CAGR of 6.9% during the forecast period.
The study provides a decisive view on the global motion control drive market by segmenting the market by type, kVA range, and application. The report provides a detailed breakdown of the motion control drive market region-wise and categorizes it at various levels, thus providing valuable insights at micro and macro levels.
The report further highlights the competitive scenario within the motion control drive market, thus ranking all the major players according to key recent developments and their geographic presence. The insights for the motion control drive market are the result of our extensive primary interviews, secondary research, and in-house expert panel reviews. These market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.
On the basis of country, the North America market is bifurcated into Canada, the U.S., and Rest of North America. The Europe market is analyzed across Italy, France, Germany, U.K., and Rest of Europe. The APAC motion control drive market is also segmented at country level which includes China, Japan, India, South Korea, and Rest of Asia Pacific. Middle East & Africa region covers the GCC, South Africa, and Rest of Middle East & Africa. Similarly, South America region includes Brazil and Rest of South America. This report provides all the strategic information required to understand the motion control drive market along with its devices and application. Also, the report provides insights related to the components and different applications according to the various geographical regions mentioned above.
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources include annual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, etc.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the motion control drive market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.
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The research study includes profiles of leading companies operating in the global motion control drive market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. The key players profiled in the global motion control drive market includes 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, Toshiba Corporation, YASKAWA Electric Corporation, and Yokogawa Electric Corp. Companies are focusing on expanding their business through strategic acquisitions and partnerships with several end-use industries.
The global motion control drive market has been segmented as follows:
Global Motion Control Drive Market
By Type
AC Drive
DC Drive
By Type of Axis
Multi Axis
Single Axis
By Precision
Very High Precision
High Precision
Standard
By Application
Electronics and Assembly
Food and Beverage
Medical and Scientific
Metrology
Flat Panel Display
Machine Tools – Metal Forming & Metal Cutting
Packaging And Labeling
Printing, Robotics
Non-Industrial Application
Semiconductor
Others
By Geography
North America
U.S.
Rest of North America
Europe
U.K
Germany
France
Rest of Europe
Asia Pacific
Japan
China
South Korea
Rest of APAC
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
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