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

Coverage: Motion Control Market covers analysis By Type (Open Loop, Closed Loop); Component (Controller, Actuators and Mechanical Systems, Motors, Others); Application (Material Handling, Packaging, Inspection, Others), and Geography

  • Report Code : TIPRE00008842
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Motion Control Market Size (2021-2031) and Regional Overview

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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.

Strategic Insights

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 Report Scope

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 2025,”. 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
REGIONAL FRAMEWORK

Motion Control Market Report Analysis

Motion Control Market

  • CAGR (2023 - 2031)
    5.3 %
  • Market Size 2023
    US$ 16.26 billion
  • Market Size 2031
    US$24.58 billion

Report Coverage

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

Key Players

  • ABB Ltd.
  • Bosch Rexroth AG
  • Dover Motion
  • Eaton Corporation
  • Kollmorgen Corporation
  • Moog Inc.
  • Parker-Hannifin Corp
  • Rockwell Automation, Inc.
  • Schneider Electric SE

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Type
  • Open Loop
  • Closed Loop;
By Component
  • Controller
  • Actuators and Mechanical Systems
  • Motors
  • Others
By Application
  • Material Handling
  • Packaging
  • Inspection
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Motion Control Market Report Scope

Report Attribute Details
Market size in 2023 US$ 16.26 billion
Market Size by 2031 US$24.58 billion
Global CAGR (2023 - 2031) 5.3 %
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Open Loop
  • Closed Loop;
By Component
  • Controller
  • Actuators and Mechanical Systems
  • Motors
  • Others
By Application
  • Material Handling
  • Packaging
  • Inspection
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Ltd.
  • Bosch Rexroth AG
  • Dover Motion
  • Eaton Corporation
  • Kollmorgen Corporation
  • Moog Inc.
  • Parker-Hannifin Corp
  • Rockwell Automation, Inc.
  • Schneider Electric SE
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Type, Component, Application, and Geography

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What is the estimated market size for the global motion control market in 2023?

    The global motion control market was estimated to be US$ 16.26 billion in 2023 and is expected to grow at a CAGR of 5.3 % during the forecast period 2023 - 2031.

    What are the driving factors impacting the global motion control market?

    Increasing demand for industrial robots in the manufacturing sector and The growing deployment of integrated communication systems across industries are the major factors that propel the global motion control market.

    What are the future trends of the global motion control market?

    The growing integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) is anticipated to play a significant role in the global motion control market in the coming years.

    Which are the key players holding the major market share of the global motion control market?

    The key players holding majority shares in the global motion control market are ABB Ltd., Bosch Rexroth AG, Dover Motion, Eaton Corporation, and Kollmorgen Corporation.

    What will be the market size of the global motion control market by 2031?

    The global motion control market is expected to reach US$ 24.58 billion by 2031.

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