Motion Control Market

Motion Control Market Outlook

According to Fact.MR’s recent study on the global motion control market, the market is gaining traction steadily and is expected to ascend at around 5% CAGR through 2031, registering an impressive valuation of US$ 30.5 Bn, surpassing US$ 25 Bn by 2026. Metal cutting applications are poised to remain dominant, surpassing US$ 2 Bn in valuation by 2031.

Revenue Analysis of Motion Control from 2016-2020 Vs Market Outlook for 2021-2031

As per Fact.MR – market research and competitive intelligence provider, during the historic period of 2016 to 2020, the market expanded at a CAGR of 4% and registered nearly US$ 18.6 Bn at the end of 2020.

Increasing production of electronics and electronic equipment has continued to contribute towards the growth of the motion control market. Increasing production of electronic and automotive products has revved up the need for integrating various components.

Manufacturers are increasingly adopting motion control systems in various industries in order to automate the production process in a cost-effective and faster manner. Adoption of the PC-based controllers and microcontrollers continues to witness significant adoption among motion control market players.

Considering these factors, the global motion control market is slated to expand at 4.6% CAGR over the next ten years (2021-2031), and reach a valuation of over US$ 30.5 Bn by 2031-end.

Will Product Innovation Underscore Lucrative Growth Opportunities? 

Motion control is at the receiving end of numerous innovations with regard to technological advancements. A recent trend witnessed in various industries is the increasing adoption of collaborative robotics equipped with smart actuators. The growing need for conveyor application has led to a surge in demand for advanced motion technology and independently controlled movers. 

Leading market players are collaborating to become highly efficient and are developing motion control systems to gain a major market share. For instance, in May 2021, DuPont and Regina collaborated and announced the launch of its breakthrough motion control technology. Regina chose new DuPont Delrin® Renewable Attributed resin for its chains and modular belts for bottling, packaging, and glass manufacturing conveyor applications.

How Will the Demand for Gaming Equipment Boost Sales?

The surge in demand for gaming products has led to increased production of various gaming equipment. Adoption of gaming controllers in various gaming equipment to detect is expected to sales of the motion control systems significantly.

In June 2021, after 10 years of its launch, the Nintendo Wii brought along some fixes and launched a new version of Legend of Zelda.  The game is now fully Motion-controlled, offers a better gaming experience and players can interact with the system through body movements.

Moreover, the gaming products are mainly equipped with handheld hardware controllers and a camera in the console, which tracks the movement of the end-user. Increasing production of the handheld hardware controllers and gaming equipment such as Play Station is expected to rev up demand for motion control systems in the electronic industry.

Region-Wise Analysis

Will Electronics Manufacturing Provide Impetus to Motion Control Demand in Asia?

Asia is expected to grow rapidly at a CAGR of 5.3% during the forecast period on the back of the growing demand for motion controllers. The growth of the global motion control systems market is mainly bound to various macro-economic and micro-economic factors. Increasing production of electronic products will continue to rev up demand for motion control systems in various industries. 

As the manufacturing process of electronics and automotive products require accuracy and precision while controlling various parts of the manufacturing machines, manufacturers are increasingly adopting leading technology that offer distributed intelligence. 

In May 2021, Delta Electronics launched the AX-308E compact and mid-range PLC motion controllers. The system is based on CODESYS- a development environment compliant with international standards targeting intelligent industrial automation applications. Thus, it shortens learning and programming time.  

How is Industry 4.0 Revolution Propelling Motion Control Adoption across Europe?

According to Fact.MR’s projections, Europe is projected to be a significant revenue contributor to the global market for motion control through 2031, holding more than 25% market share. The key driver for motion control systems is the expansion of warehousing.

Owing to the presence of many automotive manufacturers in countries such as Germany, Europe has been a prominent adopter of industrial automation, owing to increasing investments in Industry 4.0. Europe accounts for more than one-third of the global industry 4.0 automation, according to the CBI Ministry of Foreign Affairs.

Germany is the epicenter of the Industry 4.0 revolution. German manufacturers are increasingly investing and working towards the integration of smart technologies to make their manufacturing facilities fully automated. 

How do Motion Control Growth Prospects Appear across North America?

With the focus on modernizing America’s airport infrastructure, the demand for conveyor systems along with motion controllers is projected to bolster across the country. In April 2021, the U.S. Government announced its plans to invest US$ 25 billion into Airport Infrastructure, by virtue of the new American Jobs Plan unveiled by President Joe Biden.

Moreover, the gaming industry in the region is continuously evolving in line with the latest technologies such as augmented reality and virtual reality, to capture the attention and imagination of gamers across the globe. This is augmenting the growth of the market for motion control. As per Fact.MR, the North American market is poised to accelerate at a CAGR of 5% through 2031.

Category-wise Insights

Why are AC Servo Motion Control Devices Becoming Popular?

On the basis of component type, the AC servo segment is expected to represent significant revenue growth owing to various factors like low noise, constant speed, high efficiency, and speed. The segment is projected to account for a value of over US$ 2.4 Bn by 2026, opening various opportunities for the key players. 

In April 2020, Mitsubishi Electric Automation, Inc. announced the release of its next-generation MELSERVO-J5 Series of AC servo motors, amplifiers, and motion control units. The MELSERVO-J5 Series brings performance, reliability, flexibility, and efficiency to a wide range of industries. By 2031, the segment is likely to surge at over 4% CAGR.

How are Metal Cutting Applications Spurring Motion Control Devices Demand?

According to Fact.MR’s analysis, the metal cutting segment is expected to represent the highest revenue growth, accounting for a value of over US$ 2 Bn by 2031. Metal cutting is an important process for several end use industries, including automotive and industrial goods manufacturing.

As requirements for precision-based cutting technology increase, factories are incorporating highly automated cutting machines imbued with such advancements as nanotechnology. As a result, demand for high-grade motion control machines is steadily inclining.

Competitive Landscape

Competition in the global motion control market is expected to rise, with players focusing on gaining a competitive advantage and increasing their market foothold. Key players involved in the market are rigorously investing in the development and launches of new products to gain a competitive advantage and expand their consumer base.

• In January 2021, Microsoft Corporation announced the launch of Pulse Red wireless controllers that can run on multiple devices to switch between Xbox consoles, PCs, and Android devices without having to repeat the setup process every time. The controller remembers multiple devices for quick and seamless switches between previously connected devices
•  In April 2021, Performance Motion Devices, Inc. (PMD) announced the launch of their new ION/CME N-Series Digital Drives, new members of the ION Digital Drive family that provide high-performance motion control, network connectivity, and amplification.

Report Scope

Attribute	Details
Market size value in 2021	USD 19.5 Billion
Market forecast value in 2031	USD 30.5 Billion
Growth Rate	4.6 % CAGR
Forecast Period	2021-2031
Historical Data Available for	2016-2020
Market Analysis	US$ Mn for Value
Key Regions Covered	North America Latin America Europe East Asia South Asia Oceania MEA
Key Countries Covered	U.S. Canada Germany U.K. France Spain Italy Russia China Japan South Korea India Australia Brazil Mexico Argentina GCC South Africa
Key Market Segments Covered	Component Type End User Application Technology Type Region
Key Companies Profiled	YASKAWA Electric Corporation Fanuc Corporation Rockwell Automation Inc. Mitsubishi Electric Corporation Performance Motion Devices Inc. Microsoft Corporation Inc. Robert Bosch GmbH Siemens AG ABB Ltd Schneider Electric S.E Moog Inc. Parker-Hannifin Corp.
Pricing	Available upon Request

Key Segments Covered

• Component Type

  • Motion Controllers
  • AC Drives
  • AC Servo Motors
  • Sensors & Feedback Services
  • Actuator & Mechanical Systems
  • Others

• End Use

  • Food & Beverage
  • Plastics & Rubbers
  • Electrical & Electronics
  • Paper & Printing
  • Fabricated Metal Manufacturing
  • Packaging & Labelling
  • Automotive
  • Construction
  • Machinery
  • Other End Uses

• Technology Type

  • Computer Numerical Control
  • General Motion Control

• Application

  • Metal Cutting
  • Metal Forming
  • Material Handling Equipment
  • Robotics
  • Semiconductor Machinery
  • Rubber & Plastics
  • Machinery
  • Other Applications