Motion Control Market Size, Share, Trends, Growth 2032

Motion Control Market Insights

According to a report from Zion Market Research, the global Motion Control Market was valued at USD 16.45 Billion in 2023 and is projected to hit USD 26.23 Billion by 2032, with a compound annual growth rate (CAGR) of 5.32% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Motion Control Market industry over the next decade.

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Motion Control Market Size And Industry Analysis

The motion control market has developed at a rapid speed within the last few years and has seen stupendous development within the forecast period. The motion control market is boosted by a variety of things like a rising project by manufacturing companies, increasing concern for industrial safety, and increasing requirement for motion control for food and beverage, semiconductor & electronics, automotive, electrical, and machinery sectors alongside the rising economy. Additionally to the present, huge developments in the automation industry paired with rapid globalization have together elevated the need for the motion control market. 

Besides this, demand from emerging nations like India, China, and Brazil might unlock up new avenues within the forecast period within the motion control market. Advancements in tech also are set to rise in the event of the motion control market. For instance, in August 2017, Kollmorgen launched the AKM2G, a new type of synchronous servo motors. These motors are developed for employment with the firm’s AKD servo drive and the AKD2G series of next-gene servo drives. These motors are also able to offer all their design advantages in conjunction with the user’s selection of servo drives, thereby boosting the motion control market.

Motion Control Market: Growth Factors

The increased demand for energy-efficient solutions to reinforce production processes in factories across the world has fueled the demand for high-precision automated processes. Automated processes help companies increase productivity and lower product life cycle costs. The adoption of motion control solutions is growing in many industries, but the main adoption is observed within the food & beverage, electronics & semiconductor, automotive, and chemical industries.

The demand for factory automation is predicted to still grow, due to the increasing requirement for high-quality products. This, as a result, is projected to extend the utilization of motion control solutions to attenuate energy consumption and maximize production.

Motion Control Market: Segment Analysis Preview

The adoption of computerized numerical control systems is high as the process is automated, and no human intervention is required. This can automatically adjust the systems’ inputs, improve the stability of a system along with reducing system sensitivity, increase robustness, and create a reliable system without human intervention. Due to these factors, the adoption of this technology is rising.

Based on the applications, machinery manufacturing ruled the motion control market and obtained a noteworthy share in 2018 in the global motion control market. Automotive and semiconductor & electronics are likely to see sturdy development in the global motion control market in upcoming years.

Motion Control Market: Report Scope

Motion Control Market: Regional Analysis Preview

Regionally, Asia Pacific dominated the motion control market in terms of the overall demand in 2018 and it added up for the noteworthy share of the motion control market. The Asia Pacific may be the quickest developing area owing to rapid industrialization in developing nations like China, India, and Indonesia. Europe and North America are probably going to develop at an interesting rate within the years to return for the motion control market.

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Key Market Players & Competitive Landscape

Some of the key players in motion control market include

• Rockwell Automation Inc.
• Schneider Electric SE
• Parker Hannifin Corp.
• Yaskawa Electric Corp.
• Moog Inc.
• Bosh Rexroth AG
• Schneider Electric
• Dover Motion
• Parker Hannifin Corp
• ABB
• Altra Industrial Motion Corporation
• Siemens AG

The global Motion Control  market is segmented as follows:  

By Application

• Automotive
• Aerospace & Defense
• Semiconductor & Electronics
• Food and Beverage
• Machinery Manufacturing
• Oil & Gas
• Others

By Technology 

• Computerized Numerical Control
• General Motion Control

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa