Press release
THE GLOBAL MOTION CONTROL MARKET WAS VALUED AT USD 17.18 BILLION IN 2017 AND IS PROJECTED TO REACH USD 26.12 BILLION BY 2025, GROWING AT A CAGR OF 5.4% FROM 2018 TO 2025. AND FORECAST TO 2025 TOP KEY PLAYERS ARE YASKAWA ELECTRIC, SIEMENS, SCHNEIDER ELECTR
According to Verified Market Research, the global Motion Control Market was valued at USD 17.18 Billion in 2017 and is projected to reach USD 26.12 Billion by 2025, growing at a CAGR of 5.4% from 2018 to 2025.
Motion control is a specialty in automated control system which is used for providing advanced machine functionality.it is a type of feedback based system that takes command from user and accordingly produces an output action by comparing the feedback signal from motor. A motion controller is also capable of creating the trajectories that the motors follow in order to meet the desired commands. Products of motion control include controllers, actuators, drives and motors that are required for machinery manufacturing applications. It helps in controlling speed, overload and instant breaking that helps in improving performance of machine tools.
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Global Motion Control Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.Rise in adoption of advanced & automated processes for factory automation, growing demand for industrial robots in manufacturing processes and ease of use have been driving the global motion control market. On the other hand, high cost of replacement and maintenance might hamper the overall growth at a global level.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Motion Control Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Motion Control Market Competitive Landscape
The “Global Motion Control Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Yaskawa Electric, Siemens, Schneider Electric, ABB, Rockwell Automation, Parker Hannifin, Mitsubishi Electric, GalilMC, Omron Industrial Automation, Aerotech, Nanotec, ACS Motion Control, Aerotech, Delta Motion, and Beckhoff. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
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Global Motion Control Market Segmentation, by Component
• Actuators & Mechanical Systems
• AC Drives
• Electric Drives
• Motion Controllers
• AC Motors
• Motors
• Sensors and Feedback Devices
• Others
Global Motion Control Market Segmentation, by Application
• Assembly/Disassembly
• Converting
• Inspection/Measuring
• Positioning
• Slicing, Shearing, and Cutting
• Material Handling
• Metal Fabrication
• Packaging
Global Motion Control Market Segmentation, by Industry
• Aerospace and Defense
• Automotive
• Semiconductor and Electronics
• Food and Beverages
• Medical
• Printing and Paper
• Textile
• Oil and Gas
• Others
Global Motion Control Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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