Motion Control Market by Offering (Actuators & Mechanical Systems, Drives, Motors, Motion Controllers, Sensors & Feedback Services, Software & Services), System (Open-loop, Closed-loop), End-user Industry and Region - Global Forecast to 2029
[254 Pages Report] The global motion control market size is estimated to be worth USD 16.5 billion in 2024 and is projected to reach USD 21.6 billion by 2029 at a CAGR of 5.5% during the forecast period.
The motion control market is experiencing significant growth due to a confluence of factors propelling its expansion. One of the primary drivers is the escalating demand for automation across diverse industries seeking enhanced operational efficiency and productivity. As businesses increasingly prioritize streamlined manufacturing processes, motion control systems play a pivotal role in providing precise control over the movement of machinery and robotic systems.
Technological advancements, such as the integration of advanced sensors and communication protocols, contribute to the sophistication of motion control solutions, further fueling market growth. Additionally, the rise of smart factories, Industry 4.0 initiatives, and a growing emphasis on achieving improved production quality and accuracy amplify the adoption of motion control technologies.
Motion Control Market Statistics Forecast to 2029
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Motion Control Market Trends
Driver: Rising need for high-end automation across industries
The increased demand for energy-efficient solutions to enhance production processes in factories across the globe has fueled the demand for high-precision automated processes. Automated processes help companies increase productivity and lower product life cycle costs. The adoption of motion control solutions is growing in many industries, but the major adoption is observed in the electronics & semiconductor, food & beverage, automotive, and chemical industries.
The demand for factory automation is expected to grow due to the increasing requirement for high-quality motion control products. This, as a result, is projected to increase the use of motion control solutions to minimize energy consumption and maximize production. For instance, in 2021, ADVANCED Motion Controls launched a small-sized panel-mount FlexPro servo drive with high power density. This device is used in the electronics manufacturing industry to offer high accuracy and precision while manufacturing sensitive electronics.
Restraint: Heavy maintenance and replacement costs associated with motion control systems
The complexity of troubleshooting and servicing motion control systems can lead to substantial expenses in terms of both time and resources. Additionally, the need for periodic upgrades or replacements to keep up with evolving technologies further contributes to the overall cost burden on businesses.
This financial challenge poses a significant barrier for some industries, particularly smaller enterprises, limiting their ability to fully embrace and invest in motion control solutions. As the market continues to address these cost-related challenges, finding more cost-effective maintenance models and exploring innovative approaches to mitigate replacement expenses will be crucial for broader and sustained adoption of motion control systems across diverse industrial sectors.
Opportunity: Adoption of Industry 4.0 principles for manufacturing
Industry 4.0 refers to the fourth industrial revolution, which means the merging of traditional automation with information technology. It is described as the computerization of manufacturing processes. Industry 4.0 is driving the demand for smarter motion control systems to meet the growing need for higher flexibility and maximize overall equipment effectiveness. The concept of Industry 4.0 evolved in Europe and has been extended to the manufacturing sector globally.
The introduction of Industrial Revolution 4.0 has led to the adoption of automated equipment and machinery, allowing plants to function 24/7. Industry 4.0 is characterized by the use of a number of modern technologies and highly automated production processes that require the installation of several sensors and components for efficient functioning. With the help of Industry 4.0, smarter motion control systems automatically adjust the changing demands of production processes by maintaining seamless real-time communication between devices and enterprise networks. Several manufacturing companies are using the Industry 4.0 concept to operate on a large scale and continuously without the necessity of human intervention. Hence, in cases where there is a requirement for human intervention, machines need to have a mechanism to detect human presence and take precautionary actions to avoid accidents.
Challenge: Designing flexible, scalable, and low-cost motion control systems
The demand for versatility in applications across various industries requires motion control systems to be adaptable to different environments, machinery, and operational requirements. Achieving scalability is crucial to accommodate the varying scales of industrial processes, from small-scale operations to large-scale manufacturing facilities. Simultaneously, the imperative for cost-effectiveness in the design and implementation of motion control systems is essential for widespread adoption, especially among smaller enterprises with budget constraints.
Striking the right balance between flexibility, scalability, and affordability involves navigating technical complexities, optimizing manufacturing processes, and leveraging innovative design approaches to ensure that motion control systems can meet diverse industry needs while remaining economically viable for a broad range of users.
Market Ecosystem
Motion Control Companies: Key Trends
ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan) are the top players in the motion control market. These motion control companies boast motion control trends with a comprehensive motion control product portfolio and solid geographic footprint.
Global Motion Control Market Segment Overview
Drives to grow at the highest CAGR in the industrial motion control market offering segment during 2024-2029.
The surge in demand for motion control solutions across various industries, coupled with the rapid evolution of manufacturing processes toward automation and smart technologies, is driving the prominence of drives. Specifically, servo drives, and variable frequency drives are witnessing increased adoption due to their pivotal role in achieving precision, speed, and energy efficiency in motion control applications. These drives play a crucial role in regulating and controlling the speed and torque of motors, facilitating seamless automation in diverse industrial settings.
As industries prioritize the optimization of production processes and seek to enhance overall operational efficiency, the demand for advanced drive motion control technologies within the Motion Control market is expected to escalate, making it the focal point for significant growth within the offering segment.
Pharmaceuticals and cosmetics industries grew at the highest CAGR during the forecast period.
In pharmaceuticals and cosmetics sectors, stringent regulatory requirements and a growing emphasis on precision and quality control are steering the adoption of advanced motion control solutions. The pharmaceutical industry is leveraging motion control technologies to enhance the efficiency of manufacturing processes, ensuring accurate dosage formulations and minimizing errors. Similarly, the cosmetics industry is embracing motion control for the precise handling and packaging of products, responding to the demand for intricate and customized cosmetic formulations.
The integration of automation, robotics, and precise motion control mechanisms in these industries not only ensures compliance with stringent standards but also contributes to increased production throughput and motion control product innovation. As both sectors continue to prioritize technological advancements and operational excellence, the Motion Control market is set to experience robust growth fueled by the unique requirements and opportunities presented by pharmaceuticals and cosmetics manufacturing.
Asia Pacific is expected to grow at the highest CAGR in the industrial motion control industry during the forecast period.
The Motion Control Market is set for robust expansion, with the Asia Pacific region emerging as the focal point for the highest growth. The dynamic industrial landscape, rapid technological advancements, and an increase in manufacturing activities across nations such as China, India, Japan, and South Korea are key factors propelling this growth. As industries in the region increasingly adopt automation and Industry 4.0 initiatives, there is an unprecedented upswing in the demand for motion control solutions.
The automotive, electronics, and manufacturing sectors are propelling the adoption of motion control technologies to improve production efficiency and maintain a competitive edge. Additionally, the rising demand for consumer electronics, along with the growth in e-commerce and logistics, further drives the need for precise motion control systems. The Asia Pacific's strategic focus on innovation, combined with the expanding industrial infrastructure, establishes the region as a crucial player in the accelerated growth of the Motion Control Market, positioning it as a key hub for technological advancements and market expansion.
Motion Control Market Statistics by Region
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Top Motion Control Companies and Market Players
The major motion control companies in the motion control companies include ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan). These companies have used both organic and inorganic growth strategies such as motion control product launches, acquisitions, and partnerships to strengthen their position in the motion control market.
Motion Control Market Report Scope
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Report Metric |
Details |
| Estimated Market Size | USD 16.5 billion |
| Projected Market Size | USD 21.6 billion |
| Motion Control Market Growth Rate | CAGR of 5.5% |
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Years Considered |
2020–2029 |
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Base year considered |
2023 |
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Forecast period |
2024–2029 |
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Forecast units |
Value (USD million/billion) |
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Segments Covered |
Offering, System, and Industry |
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Regions covered |
North America, Asia Pacific, Europe, and Rest of the World |
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Companies covered |
ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan). |
Motion Control Industry Highlights
In this report, the overall motion control market has been segmented based on offering, system, industry and region.
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Segment |
Subsegment |
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By Offering |
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By System |
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By End-User Industry |
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By Region |
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Recent Developments in Motion Control Industry
- In March 2023, Regal Rexnord Corporation successfully finalized the acquisition of Altra Industrial Motion Corp. Through this acquisition, Regal Rexnord's Power Transmission Technologies business experienced a substantial augmentation of its existing power transmission portfolio, notably in the industrial powertrain sector. The addition of complementary motion control products such as brakes, gears, and clutches enhances the overall capabilities and offerings of the business.
- In May 2023, Mitsubishi Electric Corporation and MOVENSYS Inc. forged a strategic business alliance to enhance cooperation in their individual AC servo and motion control endeavors. This partnership is designed to enable Mitsubishi Electric to broaden its AC servo business, specifically focusing on semiconductor manufacturing equipment and other applications.
- In February 2022, Siemens launched a Simatic Drive Controller for CPUs. This new controller combines a Simatic S7-1500 controller with motion control technology and safety functionality with a Sinamics S120 drive control in one device, thereby saving space.
Frequently Asked Questions (FAQs):
What is the current size of the global industrial motion control market?
The motion control market is estimated to be worth USD 16.5 billion in 2024 and is projected to reach USD 21.6 billion by 2029 at a CAGR of 5.5% during the forecast period.
Who are the global motion control market winners?
Motion control companies such as ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan) fall under the winners’ category.
Which region is expected to hold the highest share of the motion control market?
Asia Pacific is expected to hold the highest share of motion control market due to its robust industrial infrastructure, technological innovation, and strong presence of key motion control solution providers, driving the adoption of advanced motion control systems across various sectors, including manufacturing, automobile, and healthcare.
What are the major drivers and opportunities related to the motion control market?
Rising need for high-end automation across industries and adoption of industry 4.0 principles for manufacturing are some of the major drivers and opportunities for the motion control market.
What are the major strategies adopted by motion control companies?
The agitator companies have adopted motion control product launches, acquisitions, expansions, and contracts to strengthen their position in the motion control market.
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The study involves four major activities that estimate the size of the motion control market. Exhaustive secondary research was conducted to collect information related to the market. Following this was validating these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the overall size of the motion control market. Subsequently, market breakdown and data triangulation procedures were used to determine the extent of different segments and subsegments of the market.
Secondary Research
Secondary sources in this research study include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, certified publications, articles from recognized authors; directories; and databases. The secondary data were collected and analyzed to estimate the overall market size, further validated by primary research.
Primary Research
In the primary research process, numerous sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information about this report. The primary sources from the supply side included various industry experts such as Chief X Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives from motion control system providers, such as ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan); research organizations, distributors, professional and managed service providers, industry associations, and key opinion leaders. Approximately 25% of the primary interviews were conducted with the demand side and 75% with the supply side. These data were collected mainly through questionnaires, emails, and telephonic interviews, accounting for 80% of the primary interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the market and other dependent submarkets listed in this report.
- The key players in the industry and markets were identified through extensive secondary research.
- Both the supply chain of the industry and the market size, in terms of value, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Motion Control Market: Bottom-Up Approach
Motion Control Market: Top-Down Approach
Data Triangulation
After estimating the overall market size, the total market was split into several segments. The market breakdown and data triangulation procedures were employed wherever applicable to complete the overall market engineering process and gauge exact statistics for all segments. The data were triangulated by studying various factors and trends from both the demand and supply sides. The market was also validated using both top-down and bottom-up approaches.
Market Definition
Motion control refers to the field of engineering and technology dedicated to the precise management and regulation of the movement of machinery, equipment, and automated systems. It involves the utilization of various motion control systems, sensors, and actuators to govern the speed, position, and acceleration of mechanical components. Motion control is integral to a diverse array of industries, including manufacturing, robotics, automotive, aerospace, and healthcare, where exact and coordinated movement is essential for operational efficiency. The goal is to achieve accurate and reliable control over the motion of machinery, ensuring optimal performance, increased productivity, and enhanced overall operational effectiveness. Motion control systems can range from basic open-loop systems to more sophisticated closed-loop systems that incorporate feedback mechanisms to continuously adjust and refine the control process.
Stakeholders
- Semiconductor product designers and fabricators
- Connectivity providers
- Application providers
- Automation consultants
- Automation system integrators
- Platform providers
- Business providers
- Motion control distributors and providers
- Professional service/solution providers
- Research organizations
- Technology standard organizations, forums, alliances, and associations
- Technology investors
The main objectives of this study are as follows:
- To define, describe, and forecast the motion control market based on offering, system, and industry
- To estimate and forecast the market size, in terms of value, of various segments with regard to four main regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the motion control market (drivers, restraints, opportunities, industry-specific challenges)
- To study and analyze Trends and Emerging Applications of Motion Control Technology and Trends and Emerging Implementation Areas of Motion Control Systems
- To strategically analyze the micromarkets1 with respect to individual growth trends, future prospects, and contribution to the total market
- To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the motion control market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies2 and provide a detailed competitive landscape for the market leaders
- To analyze various development strategies such as mergers and acquisitions, new product launches and developments, and research and development implemented by the key market players in the motion control markets
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Country-wise Information:
- Analysis for additional countries (up to five)
Company Information:
- Detailed analysis and profiling of different market players (up to five)
Generating Response ...
Growth opportunities and latent adjacency in Motion Control Market