Motion Control Market Size, Share & Trends Analysis Report By Offering (Motors, Drives, Motion Controllers, Actuator & Mechanical Systems, Sensors & Feedback Devices), By Application, By End-user Industry, By Region, And Segment Forecasts, 2023 To 2030

The motion control market refers to the industry that develops and produces systems, devices, and software used to control and regulate the movement of machinery and equipment. Motion control systems are used in a wide range of industries, including automotive, packaging, healthcare, and robotics, among others to provide precise and accurate control over movement. These systems use a variety of technologies, including electric motors, hydraulic systems, and pneumatic systems, to control the movement of machinery and equipment.

The growing need for electrical and electronic machines has led to a boom in the market in recent years. The expanding manufacturing of electrical and automotive items has led to an increase in the demand for integrating various components. Motion control systems play a critical role in smart manufacturing by providing the necessary control and feedback mechanisms to ensure that machines and equipment are operating at optimal levels.

An important factor accelerating the growth of the market is the increasing acceptance of sophisticated and automated processes in the manufacturing sector. The demand for industrial robots in manufacturing operations has increased as a result of the strict safety regulations imposed by governments, which have increased the requirement for tight safety standards in manufacturing enterprises. The main factor, among others, promoting the expansion of the motion control industry is an increase in convenience and the integration of the Industrial Internet of Things (IIoT) with motion control systems. For instance, in October 2022, ABB launched its smallest industrial robot IRB 1010. The small system is intended to assist electronics manufacturers in increasing the output of products like smartwatches, earbuds, sensors, and fitness trackers.

The growing trend towards electrification and renewable energy is another factor driving the motion control market. As more industries and applications transition to electric power, the demand for motion control systems that can provide precise control over electric motors is increasing. Additionally, the use of motion control systems in renewable energy applications, such as wind turbines and solar tracking systems, is also driving the growth of the market. In June 2022, General Electric launched its 3-megawatt (MW) Sierra platform. The platform can produce more yearly energy per turbine because of its longer rotors and improved control monitoring management system.

Manufacturers across a range of industries are using motion control systems more frequently in an effort to automate the manufacturing process more rapidly and affordably. In order to stay up with the rapidly changing healthcare, semiconductor, and electronics industries, manufacturers are emphasizing the creation of unique motion controller types that may be used efficiently in line with the region, industry, and application where they are used. Moreover, a rise in the integration of motion control systems with Programmable Logic Controllers (PLCs) and Health Management Information Systems (HMIs) as well as a rise in innovative work practices in market acts will also pave the way for new business ventures and opportunities in the market.

Motion Control Market Segmentation

• By Offering

  • Motors

  • Drives

  • Motion Controllers

  • Actuator & Mechanical Systems

  • Sensors & Feedback Devices

  • Software & Services

• By Application

  • Metal Cutting

  • Metal Forming

  • Material Handling

  • Packaging & Labelling

  • Robotics

  • Others

• By End-User Industry

  • Electronics & Semiconductor

  • Medical

  • Oil & Gas

  • Metal & Mining

  • Food & Beverage

  • Pharmaceuticals & Cosmetics

  • Others

• Key players

  • Cabot Corporation

  • JSR Corporation

  • KURARAY CO., LTD.

  • LANXESS

  • Orion engineered carbon

  • Chevron Corporation

  • Longxing Chemical Stock Co., Ltd

  • Umicore

  • SIBUR International

  • SRF Limited