Friday 4 June 2021

What are the driving factors for the Motion Control Market?

 

Growth in adoption of automation in manufacturing facilities to secure employee health & safety in the COVID-19 crisis, high adoption of advanced and automated processes in the manufacturing sector, safety-enabled productivity in industries due to stringent safety rules imposed by governments, increasing demand for industrial robots in manufacturing processes, ease of use and integration of IIoT with motion control systems are factors driving the growth of the motion control market.

Which are the significant players operating in the motion control market?

ABB Ltd. (Switzerland), Parker Hannifin Corporation (US), Rockwell Automation, Inc. (US), Schneider Electric SE (France), and Siemens (Germany), Fanuc (Japan), Yaskawa (Japan), Mitsubishi Electric Corporation (Japan), Bosch Rexroth AG, (Germany) are some of the major companies operating in the motion control market.

Which region will lead the motion control market in the future?

APAC is expected to lead the motion control market during the forecast period. .

Does this report include the impact of COVID-19 on the streaming analytics market?

Yes, the report includes the impact of COVID-19 on the motion control market. It illustrates the post- COVID-19 market scenario.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=98406125

What is the total CAGR expected to be recorded for the motion control market during 2020-2025?

The global motion control market is expected to record the CAGR of 2.5% from 2020–2025.

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