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Automation's Impact On Motion Control Market Growth In Manufacturing Facilities: Strengthening the Growth Trajectory of the Motion Control Market
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Motion Control Market Through 2025?
The size of the motion control market has seen considerable growth in the past few years. The market is expected to rise from $16.69 billion in 2024 to $17.59 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. Factors contributing to the historical growth include advances in entertainment and gaming, the expansion of industrial automation, rising demands for robotics, a surge in manufacturing activities, and a focus on accuracy and efficiency.
What's the Projected Size of the Global Motion Control Market by 2029?
Expectations are high for the motion control market to witness substantial growth in the forthcoming years. The market is projected to reach a valuation of $22.25 billion by 2029, expanding at a compound annual growth rate (CAGR) of 6.1%. This anticipated growth during the forecast period can be linked to factors such as the development of Industry 4.0 and smart manufacturing, the rise in robotics and automation, widening of industrial IoT, the increasing demand for precision engineering, and a sharpening focus on energy efficiency. The projected period will also see trends towards safety innovations, the booming electric vehicle market, automation in healthcare, food processing automation as well as a blend of entertainment and gaming.
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Top Growth Drivers in the Motion Control Industry: What's Accelerating the Market?
The escalating implementation of automation within manufacturing facilities is anticipated to foster progression in the motion control market. The concept of automation entails using technological advances, such as robots, to perform tasks devoid of manual involvement. Numerous industries are embracing motion-control robotics to attain optimal automation and operational efficiency. The assimilation of motion control robots within manufacturing sectors provides perks such as amplified productivity, improved quality, and enhanced worker safety - these are achieved by minimizing errors and waste and bolstering the manufacturing process flexibility. In March 2022, as reported in a Manufacturing India article, a locally-based agency disseмinating news related to several industries, including production, automation updates, manufacturing, and automation updates, highlighted a broadscale shift towards automation within the Indian manufacturing industries. Predictions suggest that by 2050, nearly 85-90% of manufacturing firms across India would have transitioned towards automated operations. Consequently, the escalating implementation of automation within manufacturing facilities is steering the progression of the motion control market.
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What Trends Will Shape the Motion Control Market Through 2029 and Beyond?
The motion control market is experiencing a growing trend in product innovation. The market's key players are aiming to enhance their standing by introducing unique technological solutions. An example of this is Panasonic Industry, a manufacturing firm based in Japan, which in May 2022, unveiled GM1. This product integrates motion control capabilities and programmable logic controller (PLC) functionalities. The compact, all-encompassing solution can control up to 32 axes of synchronized torque and boasts a fast reaction time of 0.5 milliseconds. It also has dual Ethernet ports for communications, a memory slot for data preservation, and specialized features like Application Function Blocks (AFB) that simplifies programming. As a product designed for high-precision and high-speed tasks, the GM1 is suitable for intricate automation tasks found in packaging and manufacturing scenarios.
What Are the Main Segments in the Motion Control Market?
The motion control market covered in this report is segmented -
1) By Type: Computerized Numeric Control, General Motion Control, Servo Drives, Position Control Hardware
2) By Component: Actuators And Mechanical Systems, Motion Controllers, Electric Drives, Ac Motors, Sensors And Feedback Devices
3) By Application: Metal Cutting, Metal Forming, Material Handling Equipment, Robotics, Semiconductor Machinery, Rubber And Plastics, Machinery, Other Applications
4) By Industry: Aerospace And Defense, Automotive, Semiconductor And Electronics, Metals And Machinery Manufacturing, Food And Beverages, Medical, Printing And Paper, Pharmaceuticals And Cosmetics, Other Industry
Subsegments:
1) By Computerized Numeric Control (CNC): CNC Milling Machines, CNC Lathes, CNC Plasma Cutters
2) By General Motion Control: Motion Controllers, Motion Control Software, Drives And Motors
3) By Servo Drives: AC Servo Drives, DC Servo Drives, Multi-Axis Servo Drives
4) By Position Control Hardware: Linear Actuators, Rotary Actuators, Position Sensors
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Which Top Companies are Driving Growth in the Motion Control Market?
Major companies operating in the motion control market are ABB Ltd., Fanuc Corporation, Mitsubishi Electric Corporation, Siemens AG, Yaskawa Electric Corporation, Altra Industrial Motion, Parker Hannifin Corporation, Rockwell Automation Inc., Robert Bosch GmbH, Dover Motion, Omron Corporation, Novanta Inc., AMETEK Advanced Motion Solutions, Galil Motion Control, Schneider Electric SE, Emerson Electric Co., STM Microelectronics, Bosch Rexroth AG, Kollmorgen, Moog Inc., Aerotech Inc., Delta Electronics, Advanced Motion Controls, Copley Controls, Elmo Motion Control, Faulhaber Group, Harmonic Drive LLC, KEB America, LinMot USA, Maxon Motor AG
Which Regions Will Dominate the Motion Control Market Through 2029?
Asia-Pacific was the largest region in the motion control market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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