Press release
Motion Control Sensors Global Market Expected To Reach At A CAGR Of 4.24% Between The Period 2017 - 2021
Market Research Report
Motion control sensors are used to monitor the overall presence and movement of products in a process line and provide feedback to the controller, which then controls the movement of motors. Motion control devices are used in the process and discrete industries across various industrial applications, such as inspection, assembly lines, packaging, fabrication, material handling, and metal cutting. The major driver for the global motion control sensors market is the increasing need for industrial automation and process control, which are leveraged by using motion control devices.
Technavios analysts forecast the global motion control sensors market to grow at a CAGR of 4.24% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global motion control sensors market for 2017-2021. To calculate the market size, the report considers new installations and sales value.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Motion Control Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Honeywell International
ifm efector
OMRON
Schneider Electric
SICK
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=1267263
Other prominent vendors
KEYENCE
Turck
FUTEK Advanced Sensor Technology
AMETEK Sensors, Test & Calibration
igm
Makersan
Soway
Market driver
Increasing need for advanced motion control systems
For a full, detailed list, view our report
Market challenge
High maintenance and replacement expenses
For a full, detailed list, view our report
Market trend
Increased need for IIoT in motion control sensors
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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