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Global Motion Controllers Market is expected to grow at a CAGR of 6.94% over the Forecast Period of 2018 – 2024

Infograph - Global Motion Controllers Market

By Infinium Global Research Aug, 2020

The motion controllers is the internal system of automation that helps to control position, speed, and acceleration of systems through an accelerometer, sensors, and other components. Motion controllers are the brains of any motion control system. Motion controllers are basically feedback-based systems. The motion controllers play an important role in industrial automation. Rapidly growing adoption of advanced and developed automation processes across various end use industries drive the growth of the motion controller market. In addition, motion controllers are easy to integrate with programmable units such as PCs and PLCs that are likely to boost the growth of the motion controllers market. Rising Safety-Enabled Productivity in Industries creates the demand for industrial robots in the manufacturing process which is expected to escalate the growth of the motion controllers market. However, high repair and maintenance costs may hamper the growth of the motion controllers market. Moreover, the growing adoption of motion controllers in the various industrial application and the trending Industry 4.0 is projected to create several opportunities for the motion controllers market over the forecast period.

The report on Global Motion Controllers Market covers segments such as the type of axis, technology, product, and end use industry. The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, ME, and South America. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The report provides profiles of the companies in the global ABB Ltd, Allied Motion Inc., Yokogawa Electric Corporation, YASKAWA Electric Corporation, Toshiba Corporation, Siemens AG, Schneider Electric, Rockwell Automation Inc, Omron Corporation, National Instruments and Mitsubishi Electric Corporation.

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