Press release
Global Motion Control Software In Robotics Market Projected to Surpass $46.68 Billion by 2029 with 22.4% Annual Growth
Motion Control Software In Robotics Market Share
The upswing of the motion control software in robotics market is anticipated to be fueled by the automation of the manufacturing and automotive sector. This automation refers to the adoption of advanced technology such as robotics, artificial intelligence (AI), and machine learning for task execution in these sectors. The rationale behind incorporating automation in these industries, like manufacturing and automotives, is the augmented productivity, cost savings, constant risk validation, enhanced energy efficiency, and demographic considerations. Motion control software in robotics augments automation by accurately guiding the movements of robots, facilitating complex tasks with high precision and reproducibility, augmenting efficiency, mitigating errors, and refining production procedures. For example, industrial robot installations in manufacturing surged by 12% in 2022, reaching 41,624 units, as reported by the International Federation of Robotics, a non-profit organization based in Germany, in 2023. Furthermore, the automotive industry, predominantly comprising of US, Canadian, and Mexican enterprises, emerged as the leading adopter with 20,391 installed units, marking a 30% increase from 2021. Hence, the automation in manufacturing and the automotive industry propel the motion control software in robotics market.
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What is the future CAGR of the motion control software in robotics market, and how will it impact industry expansion?
The market size for motion control software in robotics has experienced significant expansion in previous years. Its growth is projected to surge from $16.93 billion in 2024 to $20.79 billion in 2025, having a compound annual growth rate (CAGR) of 22.8%. The historical growth period is linked to the escalated demand for robotics in the industrial sector, heightened requirement for precision in manufacturing processes, its increased adoption in various industries, and the emergence of Industry 4.
The market size of motion control software in robotics is anticipated to experience remarkable expansion in the coming years, expected to reach $46.68 billion in 2029 with a compound annual growth rate (CAGR) of 22.4%. This projected growth during the forecast period can be credited to increased automation in manufacturing, the escalating demand for precision in robotic functions, the proliferation of co-bots, wider utilization in the automotive and electronics sectors, and an augmented push towards Industry 4.0 endeavors. Principal trends forecasted within this period include the incorporation of AI in motion control software, the implementation of real-time processing functionalities, avant-garde machine learning algorithms, advancements in cloud-based motion control resolutions, and the acceptance of edge computing in robotics.
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What are the most significant trends transforming the motion control software in robotics market today?
Focusing on the development of innovative solutions, such as intelligent automation platforms, is a primary strategy of leading companies operating in the motion control software in robotics market. These platforms, which contain a diverse range of advanced motion control and automation solutions, strengthen industrial robot capabilities and facilitate functions like predictive maintenance, real-time data processing, and adaptive control strategies. The platforms work by combining advanced analytics with high-performance control algorithms and real-time data processing to perfect robotic operations. An example from June 2024 is the US-based industrial robots manufacturer, ABB Group. They launched OmniCore, a state-of-the-art automation platform. Developed through a $170 million investment, OmniCore boosts robot path accuracy to be less than 0.6mm and enhances operating speed to up to 1600mm/s. Offering more than 1,000 customizable features, it interfaces effortlessly with ABB's absolute accuracy and PickMaster Twin software. This integrated system not only enhances productivity but also improves energy efficiency, enabling robots to work up to 25% quicker yet consume 20% less energy.
Which key market segments comprise the motion control software in robotics market and drive its revenue growth?
The motion control software in roboticsmarket covered in this report is segmented -
1) By Software: Pick And Place, Painting, Hold and Rotate, Drilling, Striking, Other Software
2) By Motion Type: Linear, Rotary, Oscillatory, Omni-Directional
3) By Robot Type: Articulated, Polar, Cylindrical, Cartesian, SCARA, Other Robot Types
4) By Application: Industrial Robot, Medical Robot, Consumer Robot
5) By End-User: Manufacturing Industries, Healthcare, Oil And Gas, Research Academia, Other End-Users
Subsegments:
1) By Pick and Place: Automated Pick and Place Software, Vision-Based Pick and Place Systems, Collaborative Pick and Place Solutions
2) By Painting: Spray Painting Software, Robotic Painting Control Systems, Automated Coating Solutions
3) By Hold and Rotate: Rotary Motion Control Software, Grip and Rotate Systems, Multi-Axis Holding Software
4) By Drilling: Automated Drilling Software, Precision Drilling Control Systems, Multi-Tool Drilling Solutions
5) By Striking: Impact Control Software, Hammering and Striking Automation, Precision Striking Systems
6) By Other Software: Path Planning Software, Simulation and Modeling Software, Multi-Robot Coordination Software, Custom Motion Control Solutions
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What regions are at the forefront of motion control software in robotics market expansion?
North America was the largest region in the motion control software in robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control software in robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the motion control software in robotics market?
Major companies operating in the motion control software in robotics market are Siemens AG, Panasonic Holdings Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, ABB Ltd., Parker Hannifin Corporation, Murata Machinery Ltd., Delta Electronics Inc., Kawasaki Heavy Industries Ltd., Seiko Epson Corporation, Rockwell Automation Inc., Omron Corporation, Fanuc Robotics Company, Yaskawa Electric Corp, Kuka AG, Teradyne Inc., Moog Inc., Comau S.p.A., Kollmorgen Corporation, Aerotech Inc., Nachi Robotics System Inc., Toshiba Machine Co. Ltd., Galil Motion Control Inc., Denso Wave Inc., Energid Technologies Corp
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What Is Covered In The Motion Control Software In Robotics Global Market Report?
•Market Size Forecast: Examine the motion control software in robotics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the motion control software in robotics market for a structured understanding.
•Key Players Overview: Analyze major players in the motion control software in robotics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the motion control software in robotics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the motion control software in robotics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the motion control software in robotics market.
•Industry Challenges: Identify potential risks and obstacles affecting the motion control software in robotics market.
•Competitive Landscape: Review strategic developments in the motion control software in robotics market, including expansions, agreements, and new product launches.
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