Asia-Pacific Multi-Axis Motion Controller Market Size and Competitive Analysis by 2027

The Asia-Pacific Multi-Axis Motion Controller market was valued at US$ 1.16 billion in 2019 and is projected to reach US$ 1.81billion by 2027; it is expected to grow at a CAGR of 5.9% from 2020 to 2027.

The market has a better progressive economic outlook in APAC than other regions across the world. It has high growth potential, with fast-growing countries such as China and South Korea and developed economies such as Japan. The Asian manufacturing sector is known to rapidly adopt the innovative accelerators that include robotics, along with the emerging technology. Since the last few years, the manufacturing spending in APAC has notably grown and is expected to grow further at the highest estimated rate. This dramatic growth in the manufacturing spending and rising adoption of novel technologies are the key factors fueling the demand for multi axis motion controllers. The adoption of IoT, connected devices, and artificial intelligence (AI) across various applications is expected to boost the multi axis motion controller market growth during the forecast period. However, the changing technologies impose several challenges in the semiconductor manufacturing process and is anticipated to hinder the market growth. APAC is considered to be one of the global manufacturing hubs with the presence of several semiconductor wafer manufacturing industries. The growing adoption of industrial robotics due to constantly increasing aging population in APAC, especially in Japan and China, is another key factor driving the market. Furthermore, the mounting health concerns among consumers have boosted the consumption of packaged drinking water and fruit juices over carbonated soft drinks. For instance, in 2017, ~170 billion liters of dairy beverages and packaged milk was consumed globally. This augmented the demand for digital packaging and labeling. The beverage manufacturers in APAC increasingly focus on the adoption of digital packaging and labeling solutions that permit end users to have access to information related to products using multi axis motion controller software and streamline the process. Thus, it enhances the efficient communication between brands as well as consumers. Hence, the growing consumption of packaged beverages globally is expected to positively impact the multi axis motion controller market growth during the forecast period. Moreover, rapid industrialization in the region, especially in countries such as India, Singapore, and Australia, is expected to bolster the growth of the multi axis motion controller market in the region.

Some of the key player operating in the Asia-Pacific Multi-Axis Motion Controller market include ACS Motion Control, Aerotech Inc., Bosch Rexroth AG, Fuyu Technology, Mitsubishi Electric Corporation, Integral Control & Engimech System Solutions, OMRON Corporation, Parker Hannifin Corp, Rockwell Automation, Inc., and Schneider Electric.

Rest of Asia-Pacific Multi-Axis Motion Controller Market Revenue and Forecasts to 2027 (US$ Mn)

Asia-Pacific Multi-Axis Motion ControllerMarket–Segmentation

Asia-Pacific Multi-Axis Motion ControllerMarket,by Control Type

• Centralized
• Decentralized

Asia-Pacific Multi-Axis Motion ControllerMarket,by Network Type

• CANopen
• EtherCAT

Asia-Pacific Multi-Axis Motion Controller Market, by Architecture

• Drive-based
• PC-based

Asia-Pacific Multi-Axis Motion Controller Market, by Application

• Packaging & Labeling
• Semiconductor Wafer Inspection
• CNC Machining
• Medical Devices
• Others

Asia-Pacific Multi-Axis Motion ControllerMarket,by Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

Asia-PacificMulti-Axis Motion ControllerMarket-Companies Mentioned

• Aerotech Inc.
• ACS Motion Control
• Bosch Rexroth AG
• FuYu Corporation
• INTEGRAL CONTROL AND ENGIMECH SYSTEM SOLUTIONS
• Mitsubishi Electric Corporation
• OMRON Corporation
• Parker Hannifin Corporation
• Rockwell Automation, Inc.
• Schneider Electric SE

Asia-Pacific Multi-Axis Motion Controller Report Scope