Press release
Global Motion Control Market Size & Trends
According to a new market research report published by Global Market Estimates, the Global Motion Control Market is projected to grow from 15.5 billion in 2022 to 20.0 billion in 2027 at a CAGR of 5.2% from 2022 to 2027.The rise in adoption of advanced and automated processes for factory automation, increasing in demand for industrial robots in manufacturing processes, and ease of use and integration of components within motion control systems are driving the growth of the motion control market.
Browse 163 Market Data Tables and 143 Figures spread through 195 Pages and in-depth TOC on "Global Motion Control Market - Forecast to 2027'' https://www.globalmarketestimates.com/market-report/motion-control-market-3877
By Offering (Actuators & Mechanical Systems, Drives, Motors, Motion Controllers, Sensors & Feedback Devices, Software & Services), By Application (Metal Cutting, Metal Forming, Material Handling, Packaging & Labelling, Robotics, Others), By Industry (Aerospace & Defense, Automotive, Semiconductor & Electronics, Metals & Machinery Manufacturing, Food & Beverages, Medical, Printing & Paper, Pharmaceuticals & Cosmetics, Others), By Region (Asia-Pacific, North America, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Motion Controllers by offering type are leading the Motion Control market and held the largest share in the market in 2021.
• The Asia Pacific region is analyzed to be the largest-growing segment in the market
• As per the application, the metal cutting segment is expected to be the largest segment in the Motion Control market from 2022 to 2027.
• Siemens AG, ABB Group, Schneider Electric, Rockwell Automation Inc., STM Microelectronics, Motion Control Co., Emerson Electric Co., MKS Instruments Inc., Parker Hannifin Co., Estun Automation Co. Ltd., among others, are top key market players.
Offering Outlook (Revenue, USD Billion, 2022-2027)
• Actuators & Mechanical Systems
• Drives
• Motors
• Motion Controllers
• Sensors & Feedback Devices
• Software & Services
Application Outlook (Revenue, USD Billion, 2022-2027)
• Metal Cutting
• Metal Forming
• Material Handling
• Packaging & Labelling
• Robotics
• Others
Industry Outlook (Revenue, USD Billion, 2022-2027)
• Aerospace & Defense
• Automotive
• Semiconductor & Electronics
• Metals & Machinery Manufacturing
• Food & Beverages
• Medical
• Printing & Paper
• Pharmaceuticals & Cosmetics
• Others
Regional Outlook (Revenue, USD Billion, 2022-2027)
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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