Motion Control Market

1. Motion Control Market Size, Global Industry, Trends Forecast - 2027 The global motion control market size is projected to reach USD 20.0 billion by 2027, at a CAGR of 5.2% during the forecast period. Growing demand for industrial robots in manufacturing processes and ease of use and integration of components within motion control systems are few of the primary factor driving the market growth. Moreover, adoption of Industry 4.0 by manufacturing firms is one of the opportunity for the growth of motion control industry. Drives are the fastest growing segment in motion control market during forecasted period Drives offer a wide range of advantages for automatic machining systems, including superior positioning, speed, and motion control. Drives offer a way to control the speed of electric motors. In applications where the load is subject to change, speed control provides an excellent way to save energy. The use of drives enables a more detailed and precise motor control, which improves the productivity of machines and equipment. Drives find applications in every area where a motor is required. Drives allow changing the positioning and speed according to the needs of the manufacturers. They also help automate the manufacturing process by providing the flexibility of making changes according to the needs of the manufacturing environment. Motion control systems are extensively used in automotive industry. Automotive is one of the fastest-growing industries, among others in the market. Motion control is also used in the automotive test system for performance testing, structural testing, durability testing, component testing, etc. Components such as servo valves, actuators, and controllers are mainly used for this purpose. In the current highly competitive world, the companies in the automotive industry are experimenting by integrating new technologies that have the potential to boost the production process. Technological innovations such as electric- and gas-powered vehicles lead to infrastructural changes in the automotive industry; also, the latest machines and equipment have eliminated the need for human operators for most of the crucial processes in the automotive industry. The global automotive industry is growing rapidly due to the emergence of new concept vehicles that employ eco-friendly technologies. Asia Pacific is expected to hold the largest market of motion control during forecasted period The increasing automation activities in several industries, such as the use of customized robots for different applications, high growth in machine tool production, and other sectors related to the production of smartphones and automobiles, which include electronics assembly and semiconductor machinery, are some of the reasons for the growth of the motion control products market in Asia Pacific. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=98406125 China, Japan, and India are the major markets for motion control in Asia Pacific. These countries have a considerable market size and scope for developing the motion control industry. Some of the key players in the motion control market in Asia Pacific are Yaskawa Electric Corporation (Japan), OMRON Corporation (Japan), and Mitsubishi Electric Corporation (Japan).. About MarketsandMarkets™

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