The global motion control market
size is estimated to reach from USD 15.5 billion in 2022 to USD 20.0billion by
2027, at a CAGR of 5.2% during forecasted period. Few of the drivers of this
market includes the growing adoption of advanced and automated processes for
factory automation; safety-enabled productivity in industries; and increasing
demand for industrial robots in manufacturing processes.
Sensors have always been a part of industrial
automation and motion control systems. These sensors are the vital link between
the physical system, collecting data from various machine processes, and the
communication links that transmit data to the cloud or other control or
monitoring facilities. IIoT sensors for motion are mostly encoders, that is,
for position and speed. These sensors have higher-level functions within them,
such as processing and decision-making functions that are not off-loaded on the
machine. This added intelligence makes machines smarter and the entire process
better managed, more efficient and streamlined, saving engineering time and
cost.
The drives segment
is expected to showcase the highest growth during the forecast period. Drives
provide non-emergency start/stop control, acceleration and deceleration,
overcurrent, and overvoltage and phase loss protection in motion control
systems. Most of the manufacturing facilities are trying to automate their
processes, which is increasing the demand for drives.
Semiconductors
& electronic industry is expected to hold the second largest share in
motion control market during forecasted period. Increasing complexity in
semiconductors and electronic equipment-related manufacturing is driving the
need for high-tech motors, drives, and motion controllers. Moreover, due to the
increased adoption of miniature devices and the revolutionary development of
microelectronics, the manufacturing of products needs to be more precise.
Motion control solutions help in the precise and controlled movement of a load
while manufacturing. Hence, the demand for motion control components in
semiconductor and electronics-related applications is increasing.
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Europe to hold the
second largest region for motion control market in 2021. The increase in demand for automobiles,
medical devices, and machinery in Europe is driving the growth of the motion
control market. Growing awareness regarding more precise methods of motion
controlling, advancements in controller capabilities, the ability to control
multiple axes and the development of advanced motion controllers are some of
the factors contributing to the growth of the motion control market. Manufacturing companies in Europe increasingly
focus on automation to increase their productivity and quality. The presence of
many automobile, metal, and machinery manufacturing companies in this region is
driving the growth of the market in Europe.
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