Global Motion Control Market 2023-2029

Motion control is used in a wide range of applications, including manufacturing, robotics, aerospace, and automotive industries. It is used to improve the accuracy, speed, and efficiency of machines and systems, and can be used to automate complex tasks that require precise movements. The global motion control market is projected to rise by USD 7.5 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 6.06 percent during the forecast period.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global motion control market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, technology, application, end user, and region. The global market for motion control can be segmented by component: actuators & mechanical systems, motion controllers, electric drives, AC motors, sensors and feedback devices, others. The motion controllers segment captured the largest share of the market in 2022. Motion control market is further segmented by technology: pneumatic, hydraulic, electromechanical actuation. The electromechanical actuation segment held the largest share of the global motion control market in 2022 and is anticipated to hold its share during the forecast period. Based on application, the motion control market is segmented into: inspection, material handling, packaging, robotics, others. In 2022, the material handling segment made up the largest share of revenue generated by the motion control market. On the basis of end user, the motion control market also can be divided into: manufacturing, healthcare, automotive, aerospace & defense, oil & gas, semiconductor, others. Among these, the automotive segment was accounted for the highest revenue generator in 2022. Motion control market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

Market Segmentation
By component: actuators & mechanical systems, motion controllers, electric drives, AC motors, sensors and feedback devices, others
By technology: pneumatic, hydraulic, electromechanical actuation
By application: inspection, material handling, packaging, robotics, others
By end user: manufacturing, healthcare, automotive, aerospace & defense, oil & gas, semiconductor, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The global motion control market report offers detailed information on several market vendors, including ABB Ltd., Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, Parker Hannifin Corporation, MKS Instruments, Inc., Estun Automation Co., Ltd., Delta Electronics, Inc, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global motion control market.
• To classify and forecast the global motion control market based on component, technology, application, end user, region.
• To identify drivers and challenges for the global motion control market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global motion control market.
• To identify and analyze the profile of leading players operating in the global motion control market.

Why Choose This Report
• Gain a reliable outlook of the global motion control market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.