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Global Motion Control Market Is Expected To Ascend At Around 5% CAGR Through 2031

06-16-2023 10:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Motion Control Market

Motion Control Market

The motion control market is a segment within the automation industry that focuses on the production, distribution, and use of technologies and systems designed to control the movement of machinery and equipment. Motion control systems provide precise control over the speed, position, and torque of motors and actuators, enabling smooth and accurate motion in various industrial applications. The market for motion control has witnessed significant growth due to factors such as increasing industrial automation, the demand for high-precision motion control in manufacturing processes, and the need for improved productivity and efficiency. Motion control technologies are utilized in a wide range of industries, including automotive, electronics, packaging, robotics, aerospace, and semiconductor manufacturing.

There are different types of motion control systems available in the market, including servo drives and motors, stepper motors, hydraulic and pneumatic systems, and actuators. These systems utilize various technologies such as feedback sensors, controllers, amplifiers, and software algorithms to precisely control and coordinate the movement of mechanical components. The selection of a motion control system depends on factors such as application requirements, load characteristics, desired motion profile, and cost considerations. Servo systems, known for their high precision and dynamic response, are often used in applications that demand precise motion control, such as robotics and CNC machines. Stepper motors are commonly used in applications that require accurate positioning but at lower costs, such as 3D printers and automated equipment.

In conclusion, the motion control market is a crucial segment within the automation industry, providing technologies and systems that enable precise and efficient control of machinery and equipment motion. The market is driven by factors such as increasing industrial automation, the need for high-precision motion control, and advancements in sensor and control technologies. With ongoing technological advancements and the growing demand for automation and efficiency in industries, the motion control market is expected to continue growing and evolving in the foreseeable future.

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Key findings of the Motion Control market study:

• The report provides a present market outlook on Motion Control. Additionally, the Motion Control market share is anticipated to grow with a CAGR of 5% in the forecast period.
• Regional breakdown of the Motion Control market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Motion Control vendors in detail.
• Region-wise and country-wise fragmentation of the Motion Control market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Motion Control market.
• Motion Control price, market share, and Trends forecast for assessment period 2021-2031

Competitive landscape analysis

The worldwide motion control industry is anticipated to experience increased competition as competitors strive to obtain a competitive edge and expand their market share. To obtain a competitive edge and increase their customer base, major market players are assiduously investing in the creation and introduction of new goods.

Microsoft Corporation announced the availability of Pulse Red wireless controllers in January 2021. These controllers may be used with different Xbox consoles, PCs, and Android smartphones without having to go through the setup procedure each time. For rapid and seamless switching between previously connected devices, the controller remembers numerous devices.

Performance Motion Devices, Inc. (PMD), a new member of the ION family, announced the release of their new ION/CME N-Series Digital Drives in April 2021.

Some of the leading companies operating in the market are :
• YASKAWA Electric Corporation
• Fanuc Corporation
• Rockwell Automation Inc.
• Mitsubishi Electric Corporation
• Performance Motion Devices Inc.
• Microsoft Corporation Inc.
• Robert Bosch GmbH
• Siemens AG
• ABB Ltd
• Schneider Electric S.E
• Moog Inc.
• Parker-Hannifin Corp.

What insights does the Motion Control report provide to the readers?

• Motion Control fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Motion Control player.
• Various regulations imposed by the governments on the consumption of Motion Control in detail.

Key Segments Covered

• Component Type
o Motion Controllers
o AC Drives
o AC Servo Motors
o Sensors & Feedback Services
o Actuator & Mechanical Systems
o Others

• End Use
o Food & Beverage
o Plastics & Rubbers
o Electrical & Electronics
o Paper & Printing
o Fabricated Metal Manufacturing
o Packaging & Labelling
o Automotive
o Construction
o Machinery
o Other End Uses

• Technology Type
o Computer Numerical Control
o General Motion Control

• Application
o Metal Cutting
o Metal Forming
o Material Handling Equipment
o Robotics
o Semiconductor Machinery
o Rubber & Plastics
o Machinery
o Other Applications

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