A recent report published by Infinium Global Research on motion
controllers market provides in-depth analysis of segments and sub-segments in
global as well as regional motion controllers market. The study also highlights
the impact of drivers, restraints and macro indicators on the global and
regional motion controllers market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global motion controllers market. According to report the global
motion controllers market is projected to grow at a CAGR of x.xx% over the
forecast period of 2018-2024.
The motion controller is the
internal system of automation that helps to control position, speed, and
acceleration of systems through accelerometer, sensors and other components. Motion
controllers are the brains of any motion control system. Motion controllers are
basically feedback-based systems, as they take an input command from the user,
compares it with a feedback signal from the motor, and accordingly take
corrective actions to bring the output (actual position) and input (desired position)
in line with one another. General Motion Controller and CNC Motion Controller
are the two types of technologies used in the motion controllers.
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 is
likely to boost the growth of the motion controller 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 motion
controller market. However, high repair and maintenance cost may hamper the
growth of the motion controller market. Moreover, the growing adoption of motion
controllers in the various industrial application and the trending Industry 4.0
are projected to create several opportunities for the motion controller market
over the forecast period.
Geographically, the Asia-Pacific
is the largest and fastest growing region in the motion controller market. The
rapidly growing automotive, healthcare, textile, and other manufacturing
industries create a huge demand for advanced factory automation that drives
the growth of the motion controller market in this region. In addition, rising
governments support in the adoption of the motion controller across various
manufacturing industries as they enabled the safety productivity which is
likely to escalate the market growth in this region.
The report on global motion controllers market covers segments
such as the type of axis, technology, product, and end use industry. On the basis of type of axis the global
motion controllers market is categorized into multi-axis controllers and
single-axis controllers. On the basis of technology the global motion
controllers market is categorized into general motion controllers and
computerized numerical control motion controllers. On the basis of product, the
global motion controllers market is categorized into a PLC-based motion
controller, stand-alone motion controller, and PC-based motion controller. On
the basis of end use industry the global motion controllers market is
categorized into aerospace and defense, automotive, semiconductor and
electronics, metal and mining, food and beverages, healthcare, pharmaceuticals, and others.
The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain and Rest of Europe are included in the European region. The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience growth at a CAGR of x.x% over the period of
2018-2024.
The report provides profiles of the companies in the global
motion controllers market such as 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.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global motion
controllers market. Moreover, IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of motion
controllers market. Moreover, the study highlights current market trends and
provides forecast from 2018-2024. We also have highlighted future trends in the
motion controllers market that will impact the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players. This report will help
manufacturers, suppliers, and distributors of the motion controllers market to
understand the present and future trends in this market and formulate their
strategies accordingly.