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2025-2034 Motion Control Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Motion Control Market Through 2025?
Over the years, there has been a consistent expansion in the motion control market size. The market which is predicted to increase from $16.69 billion in 2024 to $17.32 billion in 2025, will see a Compound Annual Growth Rate (CAGR) of 3.8%. Factors contributing to the growth during the historic period include advancements in entertainment and gaming, expansion in industrial automation, increased demand for robotics, a surge in manufacturing activities, and a focus on precision and efficiency.
What's the Projected Size of the Global Motion Control Market by 2029?
In the forthcoming years, it is projected that the motion control market will experience robust growth, escalating to a worth of $21.53 billion in 2029, with a compound annual growth rate (CAGR) of 5.6%. This growth during the predicted period is likely due to a variety of factors such as the emergence of industry 4.0 and smart manufacturing, increased trends in robotics and automation, the extensive growth of industrial IoT, rising demand for precise engineering and a renewed emphasis on energy efficiency. Additionally, the forecast period is slated to have a number of significant trends including innovations in safety measures, the accelerated growth of electric vehicles, automation within the healthcare sector, the rise of automation in food processing, as well as the integration of entertainment and gaming.
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Top Growth Drivers in the Motion Control Industry: What's Accelerating the Market?
The rapid increase in the usage of automation within manufacturing facilities is projected to stimulate the progression of the motion control market. Automation represents the application of technology, such as robots, to mechanize tasks without the need for human involvement. A large number of industries are incorporating motion control robots to attain the highest level of automation and operational efficiency. The inclusion of these control robots in manufacturing industries comes with the benefit of enhancing productivity, quality, and worker safety by minimizing errors and waste, as well as introducing flexibility to the manufacturing procedure. For instance, in March 2022, Manufacturing India, an India-based agency that dispenses current information to different industrial sectors including production, automation updates, and manufacturing, highlighted the extensive uptake of automation in Indian manufacturing industries. It projected that roughly 85-90% of manufacturing companies in India would have instigated automation in operations by 2050. This suggests that the escalating implementation of automation in manufacturing facilities is fueling the expansion of the motion control market.
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What Are the Key Trends Driving Motion Control Market Growth?
The emergence of product innovation is a significant trend propelling the motion control market forward. Main industry players are concentrating on the creation of fresh technological solutions to solidify their market presence. As an illustration, Panasonic Industry, a manufacturer based in Japan, unveiled their product, GM1 in May 2022. The GM1 is crafted to merge motion control features with programmable logic controller (PLC) characteristics. This compact solution, capable of handling up to 32 axes of synchronized torque control with remarkable response times of merely 0.5 milliseconds, is also fitted with double Ethernet ports for communication, a data storage memory slot, and tailored features like Application Function Blocks (AFB) for streamlined programming. This makes the GM1 ideal for applications demanding high precision and speed, thus making it apt for intricate tasks in automation, including those in the packing and manufacturing sectors.
What Are the Main Segments in the Motion Control Market?
The motion controlmarket 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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