Motion Control Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031

The motion control market size is projected to reach US$ 24.58 billion by 2031 from US$ 16.26 billion in 2023. The market is expected to register a CAGR of 5.3 % in 2023–2031. The growing integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) is likely to remain a key motion control market trend.

Motion Control Market Analysis

Systems for industrial communication enable the interchange of knowledge and information in real-time. In most cases, advanced science and cloak additions are required by local area network standards to modify communication protocols in order to prioritize, arrange, and synchronize various information exchanges between the controller and the field device network. Manufacturers are laser-focused on developing novel motion controller types that will be swiftly accepted depending on application, industry, and regional needs. These industries include semiconductors, physical science, and medicine. Such incidents fueled the market's demand for motion control.

Motion Control Market Overview

Motion controllers are physical science components that drive a package to control motions on machine-driven equipment items. They also, in an increasing number of integrated applications, supply electricity. The precise arrangement of the mechanisms on the axes it controls is intended to be guided by this instrumentality. This indicates that these controllers (which are based on electric motors) have the intelligence to manage gas, hydraulic, and electric drives. A motion control system directs and begins the movement of a load for it to complete work. It can control its torsional, position, and speed precisely. Motion control is utilized in applications that call for the synchronized positioning of specific parts or goods, as well as for rapid starts and pauses of movement. The three are a motor, a controller, and a drive or other electronic device.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

Motion Control Market: Strategic Insights

• Get Top Key Market Trends of this report.
  This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Free Sample PDF

Motion Control Market Drivers and Opportunities

Growing demand for industrial robots in the manufacturing industry 

The motion control market is expected to grow over the projected period due to factors such as the growing requirement for industrial robots in production and the adoption of machine-controlled procedures to automate factories. However, the high maintenance and repair costs can hinder the Motion Control Market's growth beyond the anticipated period. Artificial intelligence is being employed more and more in manufacturing plants. They are employed in processes, material handling, assembly, and inspection. Artificial intelligence uses a variety of motion control technologies for optimum practicality. The increased demand for industrial robots can be attributed to their capacity to reduce production process quality.

The growing deployment of integrated communication systems across industries

The growing deployment of integrated communication systems across industries is creating opportunities for motion control system manufacturers, as they are presenting new variants of motion controllers that can meet the industry, region, and application-specific requirements proficiently in fast-growing industries, such as electronics, semiconductors, and medical devices. Thus, the growing deployment of integrated communication systems across industries is anticipated to present new opportunities for the motion control market players during the forecast period.

Motion Control Market Report Segmentation Analysis

Key segments that contributed to the derivation of the motion control market analysis are type, component, and application.

• Based on the type, the motion control market is segmented into open loop and closed loop.
• By component, the market is segmented into controllers, actuators and mechanical systems, motors, and others.
• By application, the market is segmented into material handling, packaging, inspection, and others.

Motion Control Market Share Analysis by Geography

The geographic scope of the motion control market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, APAC accounted for the largest motion control market share. The diminishing workforces in China and Japan are driving up demand for robotics. There have been fewer individuals in China between the ages of 15 and 64 since 2013, which has led to concerns about a shrinking labor pool. By 2050, the proportion of China's population 65 years of age and older is predicted to be close to 39% of the total population. Consequently, the APAC market is growing as a result of rising investments in automation and robotics.

Motion Control Market Regional Insights

The regional trends and factors influencing the Motion Control Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Motion Control Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Motion Control Market Report Scope

Motion Control Market Players Density: Understanding Its Impact on Business Dynamics

The Motion Control Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Motion Control Market are:

1. ABB Ltd.
2. Bosch Rexroth AG
3. Dover Motion
4. Eaton Corporation
5. Kollmorgen Corporation
6. Moog Inc.

Disclaimer: The companies listed above are not ranked in any particular order.

Motion Control Market News and Recent Developments

The motion control market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:

• In August 2023, NEC Corporation, a wholly-owned subsidiary of NEC Corporation, launched the latest Smart City project in Tirupati for Tirupati Smart City Corporation Limited. (Source: NEC Corporation, Press Release)
• In June 2021, Yaskawa Electric Corporation announced a new solution concept called “i³-Mechatronics” in 2017, which adds digital data management to existing automation solutions in order to realize “revolutionary industrial automation” as set forth in its long-term business plan “Vision 2031,”. It launched the industry’s first “YRM-X (ten) controller, ” which synchronizes various data of cells composing devices or industrial robots, etc., at high speed, in real-time, and in chronological order for integrated motion control.

 (Source: Yaskawa Electric Corporation, Press Release)

Motion Control Market Report Coverage and Deliverables

The “Motion Control Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles