Motion Controllers Market - Forecast(2022 - 2027)

Report Code: ESR 0482 Report Format: PDF + Excel

Motion Controllers Market Overview

The Motion Controllers Market size is analyzed to grow at a CAGR of 5.46% during the forecast 2022-2027 to reach $216.3 Million by 2027. The Motion Controllers provide complete system performance with the support of comprehensive applications, such as Computerized Numeric Control across diversified industrial sectors for maximum performance and high accuracy. For the past few decades, an impressive number of industry verticals are leveraging sophisticated solutions to aim for higher precision standards for premium end-products at moderate labor costs, which eventually lead to the growth of the Motion Controllers Industry. The exponential demand in the recent years for faster and accurate servo motors and other motion control, including programmable logic controllers across various industry verticals, such as semiconductor, food processing, automotive, medical & healthcare, oil and gas and others accelerate the growth of the Motion Controllers Industry. Due to the rapid progression of the phenomena of industry 4.0 trend, including Industrial Internet of Things (IIoT), human machine interface as well as automated solutions across industrial units are likely to flourish the Motion Controllers Market in the forthcoming years. In fact, the major deployment of industrial Ethernet networks, significant introduction of the Linear Actuator and Power over Ethernet (PoE) technology along with the electromechanical actuation and Microcontrollers in utility sectors have led to the growth of the Motion Controllers Market.

Motion Controllers Market Report Coverage

The report: Motion Controllers Industry Outlook – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Motion Controllers Industry.

By Component: Actuators & Mechanical systems, Motors, Motion Controllers, Drives, Sensor & Feedback Devices, Software & Services
By System: Open Loop, Closed Loop
By Industry verticals: Power, Automotive, Mining, Oil and Gas, Food and beverage, Pharmaceutical, Chemical, Aerospace and Defense, Transportation & Logistics, General Manufacturing, Electronics and Semiconductors, Utilities and others
By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, Australia and Others), South America(Brazil, Argentina and others)and RoW (Middle east and Africa)

Key Takeaways

  • North America is analyzed to hold the major share of 49% in the Motion Controllers Market in 2021, owing to the early adoption of Internet of Things, extensive integration of latest technology and prevalent government support in motivating Advance Automation and digitalization across various industry verticals.
  • The General Manufacturing Industry is estimated to register the maximum share of 43.87 % in 2021, owing to the growing popularity of digital twin, smart factory, and robotics to generate ruggedness and real-time performance.
  • The promising introduction for power-efficient IoT devices to enhanced automation solutions across various industry sectors is analyzed to drive the Motion Controllers Market. 

Motion Controllers Market Share, By Region, 2021

Motion Controllers Market Share 

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Motion Controllers Market Segment Analysis – By Component

By Component, the Motion Controllers Market share is segmented into Actuators & Mechanical systems, Motors, Motion Controllers, Drives, Sensor & Feedback Devices, Software & Services. The Motors component is analyzed to hold the maximum share of 37.64 % in 2021, owing to the breakthrough advancement of Smart Factory facilities and the successful introduction of Cobots to enhanced the manufacturing operation. In November 2019, the Global energy management and automation company, Schneider Electric expanded its business in India with the launch of a Smart factory to facilitate agile, smarter, and innovative processes through industrial uninterruptible power supply (UPS) systems and variable speed drive to monitor the electric motor’s rotation speed. Moreover, the growing investment by the leading companies such as Omron Corporation, Yaskawa Electric Corporation, B&R Industrial Automation GmbH (Abb), Schneider Electric, Siemens Ag, Applied Motion is also considered as the pertinent factors that are estimated to accelerate the Motion Controllers Market. 

Motion Controllers Market Segment Analysis – Industry Vertical

By Industry vertical, the Motion Controllers Market share is segmented into Power, Automotive, Mining, Oil and Gas, Food and Beverage, Pharmaceutical, Chemical, Aerospace and Defense, Transportation & Logistics, General Manufacturing, Electronics and Semiconductors, Utilities and others. The General Manufacturing Industry is estimated to register the maximum share of 43.87 % in 2021, owing to the growing popularity of digital twin, smart factory, and robotics to generate ruggedness and real-time performance. In March 2019, Broadcom Inc. announced the launch of the BCM8956X, automotive multilayer Ethernet switches to address the increasing need for time-sensitive networking (TSN), bandwidth, and security for autonomous and connected vehicles. Hence, the growing integration of software, hardware, and various supported network designs to deliver advanced capabilities for the uninterrupted 24/7 production across the industrial units, including oil & gas, utility, chemical, and food & beverage have been observed to drive the growth of the Motion Controllers Market. 

Motion Controllers Market Segment Analysis - Geography

By region, North America is analyzed to hold the major share of 49% in the Motion Controllers Market in 2021, owing to the early adoption of the Internet of Things, the extensive integration of the latest technology, and prevalent government support in motivating Advance Automation and digitalization across various industry verticals. In September 2019, Emerson announced the strategic partnership with Cisco and unveiled a next-generation industrial wireless networking solution. The latest Emerson Wireless 1410S Gateway along with the Cisco Catalyst® IW6300 Heavy Duty Series Access Point and advanced WirelessHART® sensor technology offers complete industrial networking solutions and is designed to support the new digital transformation strategies, such as reliability, safety, and enhanced plant productivity. Simultaneously, Ideal Networks launched NaviTEK IE in March 2019, which is a purpose-built handheld network testing equipment to prevent any troubleshooting of standard Ethernet IP networks. As the region has already adopted the trend of Industry 4.0 long back, many leading companies are constantly investing to introduce various industrial Ethernet network solutions to simplify the testing process both cabling and networks, to keep operations running efficiently in each Industrial Ethernet application. Therefore, the growing competitive approach across the region, promising adoption of next-gen wireless access points as well as revolutionary technology landscape induce the growth of the Motion Controllers Market.

Motion Controllers Market Drivers

Significant demand for power-efficient and breakthrough IoT devices for automation is estimated to drive the Motion Controllers Market

The promising introduction for power-efficient IoT devices to enhanced automation solutions across various industry sectors is analyzed to drive the Motion Controllers Market. In fact, the penetration of various energy harvesting technologies to provide renewable and eco-friendly energy sources is also analyzed to drive the market growth, as motion controllers are the key application that provides a wide variety of needs of power producers. In May 2019, Ultrahaptics announced the acquisition of the AR/VR pioneer Leap Motion for the amount of $30 million. The acquisition is developed to strengthen the company’s latest virtual control solutions that are primarily used for the targeted ultrasonic waves to create mid-air tactile sensations on hands, which further enables a gesture control user. Hence, the introduction of advanced motion control solutions for faster automation processes contributes to the growth of the Motion Controllers Market. 

Successful innovations in the field of AI-Enabled Robotics Platform is estimated to drive the Motion Controllers Market

For the past few decades, there has been a rapid development in AI-driven cobots solutions to provide a variety of services and other state-of-the-art Components, which eventually promote the growth of the Motion Controllers Market. Moreover, the growing investment to design Cobots for delivering seamless and high-volume operations to manage high production rates is adding opportunities for market growth. As the demand for the miniature motion design is high for prospective business operation, in April 2019, Amazon acquired Canvas Technology, the Colorado startup of warehouse robotics, for over $100 million to promote the invention of self-driving technology and warehouse solution. Therefore, the growing introduction of the Human assistance machine and various launches of collaborative intelligence to aim practical applications across industrial sectors are driving growth in the Motion Controllers Industry. 

Motion Controllers Market Challenge

High investment cost

As for trending advantages of various Motion Controllers components, such as motor technology and other sensors, many industrial sectors, irrespective of small, mid-sized and large companies are adopting to manage wide-scale applications in the manufacturing process. However, the major concern for the growth of the industry is the high cost of manufacturing of cutting-edge motion control solutions, which are designed to denote superior performance and durability. In January 2021, the team of Emerson participated in the Emerson Exchange Americas Virtual Series that represents the idea of various benefits and some challenges of the varied electrical motion-based technologies. According to the discussion, it is difficult for the original equipment manufacturing (OEM) designers to access various technical and commercial needs to aim the definite balance to manage while choosing the right motion control solutions. Therefore, many emerging businesses and established sectors find it difficult to deploy due to the exorbitant price, resulting in short-term performance. Moreover, the supply shortage of chips and other semiconductors due to the Covid-19 pandemic has impacted the market in a negative way, which again acts as a pertinent restraining factor for the growth of the Motion Controllers Market.

Motion Controllers Industry Outlook

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in this market. Motion Controllers Market top 10 companies include

  1. Beckhoff New Automation Technology
  2. Siemens AG, Cisco Systems, Inc.
  3. Rockwell Automation, Inc.
  4. Schneider Electric
  5. B&R Industrial Automation GmbH
  6. Motion Industries
  7. General Cable Technologies Corporation
  8. ABB
  9. Allied Motion Technologies Inc
  10. Bosch Rexroth AG

Recent Developments

  • In January 2022, Motion & Control Enterprises (“MCE”) acquired RSA, a distributor of robotics, motion control, vision systems, PLC/HMI and safety products, along with, Global Controls, a systems integrator that supports automation and motion control projects. The acquisition enables Motion & Control Enterprises to focus on bringing highly technical motion control solutions to their present customers.
  • In November 2021, Allied Motion Technologies Inc., a leading designer and manufacturer of precision and specialty controlled motion products and solutions signed the acquisition with the ORMEC Systems Corp., supplier of the mission-critical electro-mechanical automation solutions and motion control products for the automation and aerospace industries. The acquisition is formed to denote accretive to both EPS and the gross margin profile of Allied.
  • In September 2020, a wholly-owned subsidiary of Genuine Parts Co., Motion Industries announced the acquisition of Applied Machine and Motion Control (AMMC), a Ky-based supplier of motion control and automation products and services. The acquisition is formed to strengthen the company’s engineering and application expertise of exclusive services, such as motion control, drives, human-machine interface, PC and embedded control, automation control, mechatronics, mechanical, robotics, motors, and others.

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1. Motion Controllers Market Overview
    1.1 Definitions and Scope
2. Motion Controllers Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Industry
    2.3 Key trends segmented by Geography
3. Motion Controllers Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
4. Motion Controllers Market - Market Forces
    4.1 Market Drivers
    4.2 Market Constraints
    4.3 Porters five force model
        4.3.1 Bargaining power of suppliers
        4.3.2 Bargaining powers of customers
        4.3.3 Threat of new entrants
        4.3.4 Rivalry among existing players
        4.3.5 Threat of substitutes
5. Motion Controllers Market – By Strategic Analysis
    5.1 Value Chain Analysis
    5.2 Opportunities Analysis
    5.3 Product Life Cycle/Market Life Cycle Analysis
    5.4 Suppliers and Distributors (5 Key Suppliers and Their Relevant Distributors)
6. Motion Controllers Market – By Component (Market Size -$Million/Billion)
    6.1 Actuators & Mechanical systems
    6.2 Motors
    6.3 Motion Controllers
    6.4 Drives
    6.5 Sensor & Feedback Devices
    6.6 Software & Services
7. Motion Controllers Market – By System (Market Size -$Million/Billion)
    7.1 Open Loop
    7.2 Closed Loop
8. Motion Controllers Market – By Industry verticals (Market Size -$Million/Billion)
    8.1 Power
    8.2 Automotive
    8.3 Mining
    8.4 Oil and Gas
    8.5 Food and beverage
    8.6 Pharmaceutical
    8.7 Chemical
    8.8 Aerospace and Defense
    8.9 Transportation & Logistics
    8.10 General Manufacturing
    8.11 Electronics and Semiconductors
    8.12 Utilities
    8.13 Others
9. Motion Controllers Market - By Geography (Market Size -$Million/Billion)
    9.1 North America
        9.1.1 U.S
        9.1.2 Canada
        9.1.3 Mexico
    9.2 South America
        9.2.1 Brazil
        9.2.2 Argentina
        9.2.3 Chile
        9.2.4 Colombia
        9.2.5 Others
    9.3 Europe
        9.3.1 Germany
        9.3.2 France
        9.3.3 UK
        9.3.4 Italy
        9.3.5 Spain
        9.3.6 Russia
        9.3.7 Netherlands
        9.3.8 Others
    9.4 APAC
        9.4.1 China
        9.4.2 Japan
        9.4.3 South Korea
        9.4.4 India
        9.4.5 Australia
        9.4.6 Indonesia
        9.4.7 Malaysia
        9.4.8 Others
    9.5 RoW
        9.5.1 Middle East
        9.5.2 Africa
10. Motion Controllers Market - Market Entropy
    10.1 New product launches
    10.2 M&A's, collaborations, JVs and partnerships
11. Motion Controllers Market - Company Analysis (Market Overview, Product Portfolio, Revenue, Developments)
    11.1 Company 1
    11.2 Company 2
    11.3 Company 3
    11.4 Company 4
    11.5 Company 5
    11.6 Company 6
    11.7 Company 7
    11.8 Company 8
    11.9 Company 9
    11.10 Company 10