Wiseguyreports.com research analyst predicts the global motion control market to grow at a CAGR of 4% during the forecast period.

PUNE, INDIA, April 8, 2016 /EINPresswire.com/ -- This market research report includes a detailed segmentation of the global motion control market by product type (electronic drives, actuators, AC drives, motion controller, and others) and by application (robotics, semiconductor machinery, material handling, packaging and labeling machinery, and rubber and plastics machinery). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Yaskawa Electric, Siemens, Schneider Electric, ABB, Rockwell Automation, and Parker Hannifin.

Outlook of the global motion control market
The research analyst predicts the global motion control market to grow at a CAGR of 4% during the forecast period. A motion control system has a prime role in every 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. The increased automation occurring in industries such as food and beverage, electrical, electronics, and semiconductor is the primary growth driver for this market. This research report anticipates that there will be a continuous infusion of capital for automation during the forecast period in numerous industries worldwide.

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Fluctuating economies worldwide are expected to pose challenges to the market growth in the next four years. Declining oil prices and a slump in Chinese and Russian economies will affect the planned investments in the industrial sector. This will slow down the demand for motion control solutions.

Product segmentation and analysis of the motion control market
- Electronic drives
- Actuator
- AC drive
- Motion controller
- Support and services
- Others (DC drive, sensors and feedback devices, and precision bearing)

The electronic drives segment dominated the market during 2015, with a market share of 32%. The ease of integration in fans, ventilators, compressor pumps, hoists, cranes, conveyors, excavators, escalators, electric locomotives, and cars is the driving force behind the usage of electronic drives in the motion control market. The growing efforts being taken by industries for a pollution free environment is also expected to aid the growth of this segment during the forecast period.

Segmentation by application and analysis of the motion control market
- Robotics
- Semiconductor machinery
- Material handling
- Packaging and labeling machinery
- Rubber and plastic machinery

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The robotics segment accounted for 35% of the market share during 2015. The increased adoption of robotics by various industries such as F&B, electrical and electronics, and semiconductor is triggering the demand for motion control systems. The motion control market and robotics technology are highly correlated, where robotics technology is dependent on motion control components, such as actuators or mechanicals system, for bringing controlled motion into the steel body parts.

Geographical segmentation and analysis of the motion control market
- Americas
- APAC
- EMEA

APAC accounted for 46% of the market share during 2015 and is expected to grow at a CAGR of 4% during the forecast period. China and Japan are the market leaders in APAC that are driving the growth of the motion control market. The declaration of “Made in China 2025" has increased the focus on industrial robots and CNC machine tools. These will require intelligent equipment with motion controllers. Such developments are anticipated to drive the growth of the market in APAC during the forecast period.

Competitive landscape and key vendors
The global motion control market is highly fragmented due to the wide adoption of motion control product lines in all process control applications. This paves the way for a large number of small-scale manufacturers that enter the motion control domain. Vendors in the market compete on the basis of price, quality, innovation, service, brand image, distribution, and promotion. The increased competition has led to a greater number of consolidation and mergers and acquisitions in the global platform.

The leading vendors in the market are -

Yaskawa Electric
- Siemens
- Schneider Electric
- ABB
- Rockwell Automation
- Parker Hannifin
Other prominent vendors in the market include Rexroth, Mitsubishi Electric, GalilMC, Advanced Motion Control, Omron Industrial Automation, Aerotech, Nanotec, ACS Motion Control, Aerotech, Delta Motion, and Beckhoff.

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Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
16468459349
email us here

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