The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing use of automation in manufacturing facilities is likely to stimulate innovation in motion control manufacturing, propelling the market during the forecast period.

The global motion control market is expected to grow from $15.16 billion in 2022 to $16.00 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The motion control market is expected to grow to $19.53 billion in 2027 at a CAGR of 5.1%.

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Global Motion Control Market Segments Include:

• By Type: Computerized Numeric Control, General Motion Control, Servo Drives, Position Control Hardware
• By Component: Actuators and Mechanical Systems, Motion Controllers, Electric Drives, AC Motors, Sensors, and Feedback Devices
• By Application: Metal Cutting, Metal Forming, Material Handling Equipment, Robotics, Semiconductor Machinery, Rubber and Plastics, Machinery, Other Applications
• By Industry: Aerospace and Defense, Automotive, Semiconductor and Electronics, Metals and Machinery Manufacturing, Food and Beverages, Medical, Printing and Paper, Pharmaceuticals and Cosmetics, Other Industry
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global motion control market in 2021.

Major Market Players in the motion control market include ABB Ltd., Fanuc Corporation, Mitsubishi Electric Corporation, Siemens AG, Yaskawa Electric Corporation, Altra Industrial Motion, Parker Hannifin Corporation, Rockwell Automation Inc.

Product innovation is a significant trend gaining traction in the motion control market. Major players in the motion control market are focusing on developing new technology solutions to increase their market position. For example, in May 2021, Performance Motion Devices, Inc., a US-based company specialising in high-performance motion control, launched the ION/CME N-Series digital drive with intelligent motion control amplifiers to meet high-end motion control needs in manufacturing. Intelligent motion control is a high-performance motor control drive that can manage multi-phase motors like AC and DC induction motors for advanced control features. The ION®/CME N-Series Digital Drive offers a comprehensive control solution that includes advanced features such as a flexible connection option, 1 KW output capacity, quadrature support, a communication interface, sin/cost, and BiSS-C encoders, among others.

The Motion Control Global Market Report 2023  provides a motion control market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The motion control market forecast analyzes motion control market size, motion control market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The automated process of moving individual pieces of a machine in a controlled manner to ensure that they move precisely and accurately so that the machine or device performs as intended is referred to as motion control. This includes and improves on every technology connected to regulating the movement of objects widely employed in packing, production lines, and assembly industries where movement accuracy is critical.

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