Global Motion Control Market – Expected To Spread and Reach USD $22 billion with CAGR of 6% by 2022
Motion Control Market, By Technology (Pneumatic, Hydraulic), By Components (Controller, Drives, Motors, Software), By Application (Inspection, Material handling, Packaging), By Industry (Manufacturing, Healthcare, Automotive) – Forecast 2016-2022
Pune, India – April 5, 2017 /MarketersMedia/ —
Market Highlights
Global Motion Control Market is expected to grow at CAGR of ~6% during the forecast year and expected to reach at market size of US ~$22 billion by the end of forecast period.
A motion control system has an important role associated with automated equipment. High flexibility and productivity of the plant can be achieved through a combination of automation and motion control products such as drives and actuators.
Global Motion Control Market is primarily driven by the increased automation that happening in industries such as food and beverage, electrical, electronics, and semiconductor. The research report indicates that there will be a continuous infusion of capital for automation during the forecast period in numerous industries worldwide.
A similar vouch for the Factual Market study Reports published by the expert of Market Research Future, with their unique quality of simplifying the Market Reports, MRFR presents yet another deep diving study Report – “Global Motion Control Market.”
Major Key Players
• Rockwell Automation, Inc., (U.S.)
• Parker Hannifin Corporation (U.S.)
• Motion Control Corporation (U.S.)
• Trio Motion (U.S.)
• Emerson Electric (U.S.)
• AMETEK, Inc. (U.S.)
• Aerotech Inc. (U.S.)
• Siemens AG (Germany)
• STMicroelectronics N.V. (Switzerland)
• Schneider Electric (France)
• ABB Group (Switzerland)
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Market Scenario
Motion control is an industrial process which is also defined as servo control or robotics, used in the movement of specific load from one place to another in the controlled fashion. This process is equipped with various hardware equipment, motors, sensors, drives, control units and software are to name a few. Growing industrialization and high adoption of automation in the industrial process is driving the market of motion control whereas the high deployment cost and lack of availability of professionals are some of the major restraints of Motion Control Market.
Global Motion Control Market report takes you through the full Market Analysis, Opportunities, Price, Growth, Trends and Featuring the market Predictions right up to the years 2021 and helps you to find out:
• How the market revenue is progressing globally.
• What are the key driving or affecting factors for the market growth?
• How the market revenue is progressing in various segments & geographies.
• Who are the emerging Players, current players & the Key Players (Leaders) of the market? Get yourself acquainted with their trends.
• What are the current main market trends responsible for shaping up the Market Acquisitions
Taste the market data and market information presented through more than 60 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Motion Control Market Research Report- Forecast 2022”
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Global Motion Control Market is segmented in to five dynamics for better understanding.
• Segmentation on the basis of technology: Includes components, application and industry.
• Segmentation by Technology: Comprises – Pneumatic, Hydraulic, and Electromechanical Actuation.
• Segmentation by Components: the market has been derived as- Controller, Drives, Motors, and Software among others.
• Segmentation by Application of motion control includes- Inspection, Material handling, Packaging among others whereas
• Segmentation by industry includes- Manufacturing, Healthcare, Automotive, Aerospace & Defense, Oil & Gas, and Robotics among others.
Regional Analysis
Asia-Pacific is dominating the market of Motion Control due to the strong presence of manufacturing companies in China, Japan and South Korea. Growing economy of Asian countries are also playing major role in the development of motion control market. Europe stands as second biggest followed by North America. North America motion control market is majorly driven by the factors such as high consumption of electronic equipment and rich presence of healthcare industry.
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Brief TOC
1 Market Introduction
1.3.1 Global Motion Control Market: By Technology
1.3.2 Global Motion Control Market: By Components
1.3.3 Global Motion Control Market: By Application
1.3.4 Global Motion Control Market: By Industry
2 Research Methodology
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
2.4.3 Market Crackdown & Data Triangulation
4 Global Motion Control Market, Competitive Landscape
4.1 Key Strategies And Developments
4.1.1 Acquisitions
4.1.4 Business Expansion
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
Continued…
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