Motion
control allows to deliver highly efficient products, eliminates the need for
manual work, and provides greater efficiency and accuracy. Implementation of
motion control facilitates the manufacturing firm to reduce the complexity of
production processes, especially in industries such as automotive and aerospace
and defense that manufacture equipment and parts of the vehicles and aircraft.
The motion
control market is expected to be valued at USD 22.84 Billion by 2022,
growing at a CAGR of 5.5% between 2016 and 2022. The growth of this market is
propelled by the adoption of advanced and automated processes for factory
automation, safety-enabled productivity in industries, increasing demand for
industrial robots in manufacturing processes, and ease of use and integration
of components within motion control systems.
ABB
(Switzerland), Parker Hannifin Corp (U.S.), Rockwell Automation, Inc. (U.S.),
Schneider Electric SE (France), and Siemens AG (Germany) are some of the
leading players in the motion control market. Some of the key strategies
adopted by the major players to gain a competitive edge in the market include
new product developments, agreements, partnerships, contracts, mergers, acquisitions,
and expansions.
Siemens
AG was the leading company in the motion control market in 2015. The company
has established a strong brand name for its innovative strength, technological
excellence, and quality of products. Further, the company has strong
geographical presence. In November 2016, the company updated the SIMOTION
software (new version 4.5) for its high-end motion control system. This version
is equipped with object-oriented programming (OOP) and communication via Open
Platform Communications Unified Architecture (OPC UA) which would enable
mechanical engineers to implement large software projects and access SIMOTION
data cloud. These agreements have enabled the company to strengthen its
customer base and market position. The company is also focused on investing in
R&D initiatives.
Parker
Hannifin Corp (U.S.) is one of the major players in the motion control market.
The strong position of the company in various markets provides it a competitive
advantage. In August 2016, the company launched Servonet DC which is
specifically used in challenging environments outside of the cabinet. It is
used in applications such as packaging machines and rotary tables which
comprise number of drives and motors. It helps in maintaining the quality and
it is also cost-effective for multiaxis applications where drives are placed
close to each other in the machine. In June 2016, the company extended its
range of frameless Permanent Magnet AC (PMAC) motors with low-voltage K Series.
These servo motors are used where compactness, reliability, precision, and
cost-effectiveness are of major importance. It is used in industries such as
food and beverages, packaging, and life sciences. These active measures have
helped the company strengthen its brand image and enhance its market presence.
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Other
companies involved in the development of motion control systems include Altra
Industrial Motion Corp. (U.S.), Bosch Rexroth AG (Germany), Dover Motion
(U.S.), Eaton Corporation Plc (Ireland), Kollmorgen (U.S.), Mitsubishi Electric
Corporation (Japan), Moog Inc. (U.S.), and Yaskawa Electric Corporation
(Japan).
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