New Research Report On Motion Control Market Is Growing In Huge Demand by 2023

1. Motion Control Market Growth, COVID Impact, Trends Analysis Report 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2. Motion Control Market Motion control is gaining a healthy momentum in various industrial processes owing to the rise of industrial automation. A recent study conducted by Market Research Future (MRFR) finds that the global market for motion control will surge at a CAGR of 7.09% during the forecast period (2018-2023). Motion control technology is a combination of gesture responsive systems consisting of hardware, software, motion controllers, and sensors among others. Equipment that support motion control are witnessing a rapid boom owing to their endless benefits. They are also allowing manufacturers to reach desired performance levels. Industrial automation allows manufacturers to divert manual resource where its more needed. Moreover, it enables businesses to achieve higher economies of scales. Such factors are making a positive impact on the motion control market.Motion control is viewed as a prominent spike in the big wheel of automation. Motion control robots are being increasingly deployed in modern manufacturing facilities, they are used for tasks such as packaging, inspection and material handling. Integration of programmable logic control (PLC) and human machine interface (HMI) is likely to improve factory automation process in the coming years. In addition, these advancements will provide the advantage of PC based control to the motion control devices which includes flash memory to store the program, RAM storage, battery backup, remote control & monitoring, and reduction in the operational cost. Global Motion Control Market: Segmental Analysis MRFR’s report includes a thorough segmental analysis of the market based on application, industry, component and technology. Based on application, the market has been segmented into inspection, robotics, packaging, material handling and others. The packaging segment currently holds the largest share of the market and is expected to retain its top position over 2023. Based on industry, the market has been segmented into aerospace & defence, metals & machinery manufacturing, automotive, healthcare, semiconductor & electronics, oil & gas and others. The semiconductor & electronics segment is expected to exhibit the highest CAGR during the forecast period and reach a valuation in excess of USD 4,700 Mn. Based on component, the market has been segmented into actuators & mechanical systems, motion controllers, electric drives, AC motors, sensors and feedback devices and other. In 2017, the motion controllers segment accounted for USD 4,572.23 Mn and is expected to witness a above-average growth 2 www.marketresearchfuture.com

3. Motion Control Market over the next couple of years. Based on technology, the market has been segmented into pneumatic, electromechanical actuation and hydraulic. Of these, the electromechanical actuation segment will remain highly lucrative during the assessment period. The segment is likely to surpass the market valuation of USD 10,000 Mn by the end of the review period. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1929 Global Motion Control Market: Regional Analysis Motion control market has been covered across regions such as North America, the Middle East & Africa (MEA), Europe, South America and Asia Pacific (APAC). The market in APAC will remain highly attractive throughout the forecast period. In 2017, APAC motion control market stood at USD 6,000 Mn and is projected to witness a strong CAGR of 8.72% by 2023. Manufacturing facilities in countries such China, Japan and Indian are being upgraded to international standards, which is creating opportunities for the motion control market in the region. The level of automation in the region’s manufacturing sector has been increasing rapidly in recent years. Moreover, availability of low cost motion-controlled products from domestic manufacturers is influencing the market’s growth trends in APAC. Global Motion Control Market: Competitive Landscape Some of the leading companies operating in the global motion control market include AMETEK Advanced Motion Solution, Siemens AG, Estun Automation Co., Ltd., ABB Group, Rockwell Automation, Inc., Parker Hannifin Corporation, Schneider Electric, MKS Instruments Inc., STM Microelectronics, Motion Control Corporation, Emerson Electric Co. 3 www.marketresearchfuture.com

4. Motion Control Market Table of Content: 3 Research Methodology 3.1 Research Process 18 3.2 Forecast Model 4 Market Dynamics 4.1 Introduction 24 4.2 Drivers 25 4.2.1 Rising Adoption Of Industrial Robots In Manufacturing Industries 25 4.2.2 Increasing Awareness Of Advanced And Automated Process For Factory Component 25 4.3 Restraint 26 4.3.1 High Replacement And Maintenance Cost 26 4.4 Opportunities 26 4.4.1 Integration With PLC And HMI Devices 26 4 www.marketresearchfuture.com

5. Motion Control Market 4.5 Porter’s Five Forces Model 27 4.5.1 Threat Of New Entrants 27 4.5.2 Bargaining Power Of Suppliers 27 4.5.3 Bargaining Power Of Buyers 27 4.5.4 Threat Of Substitutes 28 4.5.5 Intensity Of Rivalry 28 Get Complete Report @ https://www.marketresearchfuture.com/reports/motion-control-market-1929 5 www.marketresearchfuture.com

6. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 6 www.marketresearchfuture.com

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