Status : Published | Published On : Jan, 2024 | Report Code : VRSME9139 | Industry : Semiconductor & Electronics | Available Format : | Page : 187 |
Industry Overview
It is estimated that the Global Motion Control Market will grow between 2023 and 2030 and by registering a CAGR of 4.8% market size is expected to generate revenue of USD 22.6 billion by the end of 2030.
The reason behind this market growth is the increased demand and adoption of robots in manufacturing processes. The rapid growing demand from dense population is pushing manufacturing sector to increase and improvise the production. The automated motion control system monitors each and every process and provides an overall evaluation benefitting the business. Industry's adoption of Industry 4.0 is also estimated to drive market growth during the forecasted period.
Additionally, numerous breakthroughs in terms of technological advancements have been made to motion control. The increasing popularity of collaborative robotics outfitted with smart actuators is the latest market trend seen across numerous sectors. Advancement in motion technology and independently controlled movers are in high demand due to the increased requirement for conveyor applications.
Covid-19 impact
The rapid pandemic outbreak has caused tremendous harm to the market. In order to strengthen manufacturing industry resistance to upcoming pandemics, automation, digitalization, and artificial intelligence (AI) are now more important than ever. A number of industry players are looking for various solutions to prevent future occurrences of the supply chain disruptions and stoppage of production operations caused by social distance standards. In such a case, the use of automation and robotics can decrease reliance on human labor, boost productivity, and lessen the likelihood of plant shutdowns. By combining automation with other technologies like digitization and artificial intelligence, industries will be able to continue producing without the need for human oversight.
Market Segment
Insight by Offerings
On the basis of offerings the motion control market is segmented into following sub-categories-
Insight by System
Insight by Application
Insight by Industry
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. XX.XX Billion |
Revenue Forecast in 2030 |
U.S.D. 22.6 Billion |
Growth Rate |
4.8% |
Segments Covered in the Report |
By Offerings, By System, and By Application, By Industry |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Growth Drivers
In manufacturing facilities, the usage of robotics has significantly expanded. They are used for material handling, tasks including processing, and assembly and inspection. For effective operation, robotics uses a variety of motion control techniques. Due to their ability to simplify manufacturing processes, industrial robots are becoming more and more in demand. All industrial robots have some sort of motion control, which helps them perform better, cost less, and perform new functions in production processes. Assembling, packaging, picking and arranging, and palletizing are just a few of the tasks that industrial robots can do. The motion controller needs to be interfaced with the robot controller in order to carry out these tasks. Motion controllers, servo motors, and other electronic parts like DC motors frequently play a big part in how a robot moves.
Challenges
Designing machines that are inexpensive and compact is a problem for OEMs and system integrators. The availability of the components utilized to design the machine has an impact on this problem. Dedicated indexers, PC-based motion controllers or PLCs, stepper or servo motor drives, motors, and accessories like proximity sensors, cable harnesses, and other mounting hardware make up a motion control system. The space available on a manufacturing floor or lab bench increases with machine size, while design complexity increases with machine size. This increases the likelihood that issues will develop and necessitate time for field service personnel to troubleshoot and fix during the initial setup.
Opportunity
Systems for industrial communication exchange data and information instantly. The majority of real-time Ethernet standards call for a unique IP with MAC extensions, which give the communication protocols the ability to schedule, prioritize, and synchronize the cyclical data exchange between the controller and the field device network.
Manufacturers are emphasizing the development of novel motion controller types that may be employed effectively in accordance with the region-, industry-, and application-specific needs in order to keep up with the constantly expanding industries of medicine and semiconductors and electronics.
Through programming in the TwinCAT 3 engineering environment, zero-pressure accumulation logic in the firmware, and high-performance EtherCAT industrial Ethernet connection, these controllers are employed for the best conveyor control possible. Thus, it is anticipated that a large demand for motion control goods and services would result from the growing usage of modern communications systems.
Geographical Overview
One of the factors driving the expansion of the motion control market in Asia Pacific is the rising automation activities across a number of sectors. The largest motion control markets in the Asia Pacific region are China, Japan, and India. These nations have a sizable market and room to grow their motion control industries. Yaskawa Electric Corporation (Japan), OMRON Corporation (Japan), and Mitsubishi Electric Corporation are a few of the major companies in the motion control sector in Asia Pacific (Japan).
There are a lot of small and mid-sized businesses in the countries in the Asia Pacific market that this study is focused on (SMEs).
Recent Development by Market Player
Siemens introduced a Simatic Drive Controller for CPUs in 2022. With this new controller, you may save space by combining a Simatic S7-1500 controller with motion control technology and safety features with a Sinamics S120 drive control in one unit.
MELSERVO-J5D servo amplifiers were introduced by Mitsubishi Electric Automation, Inc. in 2022. They are utilized for medium- to large-scale servo applications that demand multiple drive units capable of controlling regeneration energy.
Competitive Insight
Siemens AG, ABB Group, Schneider Electric, Rockwell Automation Inc., STM Microelectronics, Motion Control Co., Emerson Electric Co., MKS Instruments Inc., Parker Hannifin Co., Estun Automation Co. Ltd., and other significant businesses are some top motion control market players.
The Motion Control Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Region Covered in the Report
PRIMARY RESEARCH INTERVIEWS – BREAKDOWN
Motion Control Market