Motion Control Market Share, Size, Trends, Industry Analysis Report, By Components (Motion Controller, Actuators & Mechanical Systems, Electric Drives, electric drivers, AC Motors and Software); By Type; By End Use; By Region; Segment Forecast, 2024- 2032

Motion Control Market Share, Size, Trends, Industry Analysis Report, By Components (Motion Controller, Actuators & Mechanical Systems, Electric Drives, electric drivers, AC Motors and Software); By Type; By End Use; By Region; Segment Forecast, 2024- 2032

The global motion control market size is expected to reach USD 25.59 billion by 2032, according to a new study by Polaris Market Research. The report “Motion Control Market Share, Size, Trends, Industry Analysis Report, By Components (Motion Controller, Actuators & Mechanical Systems, Electric Drives, electric drivers, AC Motors and Software); By Type; By End-Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The motion control market refers to the industry that produces devices and systems designed to control and manage the movement of machinery and equipment. Motion control technologies are used in a variety of applications across different sectors, including manufacturing, robotics, aerospace, automotive, and others.

Motion control systems are continually evolving to become more energy-efficient. As energy conservation becomes a priority for industries, the demand for motion control solutions that optimize energy usage while maintaining performance is on the rise. Sensors play a crucial role in motion control by providing feedback on the position, speed, and other parameters. Advancements in sensor technologies, including the development of cost-effective sensors, and more accurate contribute to the growth of the motion control market.

Moreover, Motion control systems find applications in diverse industries, including automotive, aerospace, healthcare, and consumer electronics. The expanding scope of these applications contributes to market growth. The increasing use of electronic devices, electric vehicles, and other innovations like robotics has led the motion control market and shows significant growth during the forecast period.

The market for motion control is expanding due to various factors such as the growing demand for industrial robots in manufacturing processes, the increasing adoption of automated and advanced processes for factory automation, and the motion control systems' easy integration and usability. High replacement and maintenance costs, however, are anticipated to impede market expansion. Moreover, the fourth industrial revolution offers profitable prospects for the expansion of the motion control industry.

These corporations utilize diverse approaches, including technological innovations, mergers and acquisitions, and research and development, to broaden their range of products and sustain a competitive advantage in the marketplace.

However, In October 2020, PTC, an American provider of computer software and services, and Rockwell Automation partnered. Through this partnership, the commercial efforts of both companies to provide a full digital thread solution from initial design to stages of operation, maintenance, and optimization were streamlined. Through this partnership, both companies will be able to serve their customers with ease through 2023 and beyond by utilizing each other's resources, technologies, industry knowledge, and market presence.

Motion Control Market Report Highlights

In 2023, the electric drives segment accounted for the largest revenue share, due to electric drives offer precise control over the motion of machinery, making them suitable for applications where accuracy and control are critical, such as robotics and automation.

The pharmaceutical and cosmetics anticipated to witness the highest market share during the forecast period. Increasing expenditure towards self-care, self-medication and aesthetic lifestyle has increases the use of pharmaceutical product globally.

In 2023, North America dominated the largest market, due to increasing industries such as aerospace and healthcare, require high-precision manufacturing processes. Motion control systems contribute to achieving the level of precision needed in these industries.

Asia pacific is expected to grow at fastest rate during the forecast period due to a major hub for the production of consumer electronics. Motion control is essential in the manufacturing and assembly of electronic devices, contributing to the market's growth.

The global key market players Estun Automation Co. Ltd, Motion Control Co, Emerson Electric Co, Siemens AG, Rockwell Automation Inc, Parker Hannifin Co, ABB Group, Schneider Electric, STM Microelectronics, MKS Instruments Inc.

Polaris Market Research has segmented the motion control market report based on components, type, end-use, and region:

Motion Control, Components Outlook (Revenue - USD Billion, 2019 - 2032)

Motion Controller

Actuators & Mechanical Systems

Electric Drives

AC Motors

Software

Motion Control, Type (Revenue - USD Billion, 2019 - 2032)

Open Loop

Closed Loop

Motion Control, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

Aerospace

Automotive

Semiconductor

Electronics

Metal and machinery

Food and beverages

Medical devices

Pharmaceutical and cosmetics

Others

Motion Control, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Australia

Rest of APAC

Latin America

Argentina

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of MEA