Global Motion Control Market Size to grow by USD 22.3 Bn in 2030.
June-2022
Semiconductor-Electronics
Global
Press Release
The Global 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.
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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.
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.
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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.
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.
North America dominates the motion control market 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.
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KEY INDUSTRY DEVELOPMENTS:
· In 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.
· In 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.
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