Market Analysis

Market Research Future (MRFR) presumes the global motion sensor market size to reach USD 7 billion at 11% CAGR from 2020 to 2027 (forecast period). A motion controller, simply put, is the brain of a motion control system. It is widely utilized in material handling, packaging, robotics, inspection, and others in various industries such as oil and gas, semiconductor and electronics, healthcare, automotive, metals and machinery manufacturing, aerospace and defence, and others. 

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Various factors are propelling the global Motion Sensor Market Forecast. According to the recent MRFR report, such factors include an increase in industrial automation, the increasing use of automated and advanced processes for factory automation, growing demand for industrial robots in the manufacturing process, safety-enabled productivity in industries, and growing concerns for qualitative and safety output. Additional factors adding to the industrial motion control market growth include the surging need for motion controls in different end use industries such as machinery industries, textile, printing, packaging, automotive, semiconductor and electronics industry, and others. 

Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global motion control market based on technology, component, industry, and application. 

By application, the global motion control market is segmented into material handling, packaging, robotics, inspection, and others. Of these, the packaging segment will lead the market over the forecast period. 

By industry, the global motion control market is segmented into oil and gas, semiconductor and electronics, healthcare, automotive, metals and machinery manufacturing, aerospace and defence, and others. Of these, the semiconductor and electronics segment will dominate the market over the forecast period. It is likely to touch USD 4,700 million by 2023. 

By component, the global motion control market is segmented into sensors & feedback devices, AC motors, electric drives, motion controllers, actuators and mechanical systems, and others. Of these, the motion controllers will have a major share in the market over the forecast period. 

By technology, the global motion control market is segmented into hydraulic, electromechanical actuation, and pneumatic. Among these, the electromechanical actuation segment will command the largest share in the market over the forecast period. It is likely to touch USD 10,000 million by 2023. 

Regional Analysis 

Based on the region, the global motion control market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Middle East and Africa (MEA). Among these, the APAC region will lead the market over the forecast period. The growing market for automatic equipment of high-level for the manufacturing sector, burgeoning need for high-level medical equipment, high-precision printing machinery, and automatic textile machinery, and support from the government are adding to the global motion control market growth in the region. India, China, and Japan have the maximum share in the market. 

 

The global motion control market in the MEA is predicted to have sound growth over the forecast period. 

Key Players 

Notable contenders profiled in the global motion control market report include Emerson Electric Co., Motion Control Corporation, STM Microelectronics, MKS Instruments Inc., Schneider Electric, Parker Hannifin Corporation, Rockwell Automation, Inc., ABB Group, Estun Automation Co., Ltd., Siemens AG, and AMETEK Advanced Motion Solution, among others. 

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