Global Motion Control Market Size, Share, and COVID-19 Impact Analysis, By Type (Open Loop and Closed Loop), By Technology (Pneumatic, Electromechanical Actuation, and Hydraulic), By Components (Actuators & Mechanical Systems, Controller, Drives, Motors, and Software), By Application (Inspection, Material handling, Robotics, and Packaging), By Industry Vertical (Manufacturing, Healthcare, and Automotive), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022-2030
KEY MARKET INSIGHTS
Motion Control Market is projected to grow from USD 15.7 billion in 2021 to USD 22.3 billion by 2030 at a CAGR of 5.2% during the forecast period. Motion control is essential technological foundation of industrial robots. It is important to properly measure the position of an object in order to control the action of a machine.
A natural stage in the implementation of a motion control system is a feedback comparison between the actual position and the target. This comparison generates an error signal that can be utilized to fix the system, resulting in consistent and accurate outputs.
The motion control business is being propelled forward by the increased need for industrial robots in manufacturing processes, as well as the ease of use and integration of components within motion control systems. Furthermore, one of the opportunities for the growth of the motion control market is the adoption of Industry 4.0 by manufacturing organizations.
COVID-19 ANALYSIS
The COVID-19 pandemic has heightened the need for factory digitalization, automation, and artificial intelligence to improve pandemic resilience in the future. Due to supply chain delays and production activity suspensions caused by social distancing conventions, various sector players are seeking for different solutions to avoid similar crises in the future.
In this case, automation and robotics can boost productivity, minimize reliance on human labor, and lessen the likelihood of plant shutdowns. Automation, in combination with other technologies such as digitization and artificial intelligence, will enable enterprises to continue producing without the need for human supervision.
LATEST TREND
Increasing Uses of Integrated Communications Systems Propel Market Growth
Data and information are exchanged in real-time using industrial communication networks. Most real-time Ethernet standards necessitate a specific IP with MAC extensions, which allow communication protocols to prioritize, organize, and synchronize cyclical data flow between the controller and the field device network.
Manufacturers are concentrating on developing new versions of motion controllers that may be used efficiently to meet application-specific needs in fast-rising sectors such as medical and semiconductors & electronics.
DRIVING FACTORS
Rising Demand for Industrial Robots Drive Market Growth
In manufacturing facilities, the usage of robotics has expanded dramatically. Material handling and inspections are all areas where they are used. For appropriate operation, robotics employs a variety of motion control systems. Industrial robots are in high demand because they assist reducing the complexity of manufacturing operations. All industrial robots have some sort of motion control, which helps them perform better, and perform new functions in production processes.
Assembling, picking and arranging, packaging, and palletizing are just a few of the tasks that industrial robots can handle. The motion controller must be connected to the robot controller in order to conduct these activities. In robot motion control, electronic components such as servo motors, DC motors, and motion controllers are frequently used.
RESTRAINTS
Motion Control Systems Have High Replacement and Maintenance Costs
A motion control system has several components, which has a direct impact on the cost of machine replacement and maintenance. The more component kinds there are, the more expensive the spare parts inventory becomes. Because some motors come into physical touch with a commutator, their replacement costs are significant. The advantages of using motion control for automation, on the other hand, considerably outweigh these drawbacks.
SEGMENTATION
The global motion control market is segmented by Type, Technology, Components, Application, Industry Vertical, and Region. Based on the Type, the market is categorized into Open Loop and Closed Loop. Based on Technology, the market is categorized into Pneumatic, Electromechanical Actuation, and Hydraulic. Based on Components, the market is categorized into Actuators & Mechanical Systems, Controller, Drives, Motors, and Software. Based on the Application, the market is categorized into Inspection, Material handling, Robotics, and Packaging. Based on the Industry Vertical, the market is categorized into Manufacturing, Healthcare, and Automotive. Based on the Region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
REGIONAL INSIGHTS
North America dominates the motion control market share due to the rapid growth of industrial automation. Next-generation automated processes in manufacturing, such as sophisticated robotics, the internet of things, and mobile technologies, among others, are likely to contribute to market growth.
The region is known for being one of the first to adopt modern technologies. The presence of major key players and the increase in manufacturing facilities across the region are the primary drivers for the industry in the United States.
Europe motion control market sales is anticipated to the second largest market for motion control due to the Industrial robots is increase rapidly in Europe. They are regarded as an important aspect of the production process, capable of visual identification and even assisting in the prediction of failure through the use of learning skills and artificial intelligence (AI).
Asia Pacific motion control market is expected to be the fastest-growing region during the projection period. The use of customized robots for a variety of applications, rapid growth in machine tool production, and other industries related to the manufacture of cellphones and automotive, such as electronics assembly and semiconductor industrial equipment, are all boosting the growth of the motion control product and services market in the Asia Pacific.
In Asia Pacific, Japan, China, and India are the most important markets for motion control. These countries have a sizable market and plenty of room to grow their motion control industries. OMRON Corporation (Japan), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation are some of the leading participants in the business in Asia Pacific.
KEY INDUSTRY PLAYERS
The motion control industry is dominated by a few globally established players such as ABB (Switzerland), FANUC CORPORATION (Japan), PARKER HANNIFIN CORP (US), Rockwell Automation, Inc. (US), Siemens (Germany), YASKAWA ELECTRIC CORPORATION. (Japan), Mitsubishi Electric Corporation. (Japan), Robert Bosch GmbH (Germany), Altra Industrial Motion Corp. (US) and Novanta Inc. (US).
KEY INDUSTRY DEVELOPMENTS:
February 2022, Siemens released a Simatic Drive Controller for CPUs. This innovative controller combines a Simatic S7-1500 motion control controller with safety functions and a Sinamics S120 drive control in a single unit, reducing space.
January 2022, MELSERVO-J5D servo amplifiers were introduced by Mitsubishi Electric Automation, Inc. They are utilized for medium-to-large servo applications that require several drive units capable of controlling regenerative energy.
June 2020, Parker Hannifin will introduce a completely programmable drive to its Parker Servo Drive (PSD) family of devices. The programmable PSD is a smart standalone servo drive that is fully programmable through IEC 61131-3 and runs on the widely used CODESYS V3 runtime system.
LIST OF KEY COMPANIES PROFILED:
- ABB (Switzerland)
- FANUC CORPORATION (Japan)
- PARKER HANNIFIN CORP (US)
- Rockwell Automation, Inc. (US)
- Siemens (Germany)
- YASKAWA ELECTRIC CORPORATION. (Japan)
- Mitsubishi Electric Corporation. (Japan)
- Robert Bosch GmbH (Germany)
- Altra Industrial Motion Corp. (US)
- Novanta Inc. (US).
SEGMENTATION
By Type
- Open Loop
- Closed Loop
By Technology
- Pneumatic
- Electromechanical Actuation
- Hydraulic
By Components
- Actuators & Mechanical Systems
- Controller
- Drives
- Motors
- Software
By Application
- Inspection
- Material handling
- Robotics
- Packaging
By Industry Vertical
- Manufacturing
- Healthcare
- Automotive
By Region
- North America- U.S., Mexico, Canada
- Europe- UK, France, Germany, Italy, Spain, Rest of Europe
- Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
- South America- Brazil, Argentina, Colombia, Rest of South America
- The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa
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Global Motion Control Market Size
- June-2022
- 140
- Global
- Semiconductor-Electronics
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