Global Motion Control Market Growth (Status and Outlook) 2023-2029

Global Motion Control Market Growth (Status and Outlook) 2023-2029

The key driving factors for the growth of the motion control market are adoption of advanced and automated processes for factory automation, safety-enabled productivity in industries.

LPI (LP Information)' newest research report, the “Motion Control Industry Forecast” looks at past sales and reviews total world Motion Control sales in 2022, providing a comprehensive analysis by region and market sector of projected Motion Control sales for 2023 through 2029. With Motion Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motion Control industry.

This Insight Report provides a comprehensive analysis of the global Motion Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Motion Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Motion Control market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motion Control and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Motion Control.

The global Motion Control market size is projected to grow from US$ 20110 million in 2022 to US$ 27870 million in 2029; it is expected to grow at a CAGR of 4.8% from 2023 to 2029.

The motion control market in the APAC region is expected to grow at the highest rate between 2016 and 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Motion Control market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
PLC-based
PC-based
Stand-alone

Segmentation by application
Aerospace & Defense
Automotive
Electronics & Electrical
Food & Beverage
Medical
Chemical Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
ABB
Schneider Electric
Omron
Rockwell Automation
Fuji Electric
Mitsubishi Electric
Allied Motion
Moog Inc
Delta Electronics
Yaskawa Electric
Yokogawa Electric

Please note: The report will take approximately 2 business days to prepare and deliver.