The global motion control centers market is likely to accumulate a market value of USD 3 Billion in 2023 and is expected to reach USD 5 Billion in 2033, by registering a CAGR of 5.2%. Motion control solutions are continuously evolving in the robotics industry, ranging from simple on/off fixed-speed motors to advanced multi-axis servo drives. To achieve higher levels of performance and autonomy, smart manufacturing programs have become increasingly complex through automation.
A growing manufacturing sector in countries such as China, India, and Brazil will drive market growth for motor control centers. The development of power infrastructure in the Middle East, in conjunction with rising energy demands in the households and oil and gas industries, is expected to lead to increased use of smart motor control centers in the near future.
In addition to using intelligent motor control centers to control the process flow in operations procedures, these devices are also used as part of predictive maintenance systems. The development of unconventional sources, such as shale gas in the USA and Canada, will have a positive impact on the oil and gas sector.
As part of its broader Energy Strategy 2050, the Swiss government announced new energy efficiency standards. The government has implemented numerous initiatives and regulations aimed at improving industrial efficiency, which is increasing the demand for these products.
In the coming years, more businesses will use electronic controls to control their energy and water usage. This will result in a reduction in the amount of water and electricity wasted in these sectors. Therefore, it is expected that the market will grow significantly in the near future.
Using motion controllers, motors and actuators can be programmed with motion profiles and target positions. Motion controllers are powered by motion control drives. Electronics, assembly, robotics, semiconductors, and food and beverage industries are among the major users of these systems.
In the past few years, these controllers have become faster, more precise, and more reliable, making them a more common product used in a wide range of industries. Since motion control systems are user-friendly and easy to integrate, they have become increasingly popular in recent years.
As the Industrial Revolution 4.0 unfolds, the market players will have the chance to exploit opportunities for productive growth. Recent advances in motion control software have resulted in increasingly sophisticated motion control systems to the market.
With the Industrial Internet of Things (IIoT), motion control systems are connected to the cloud and other systems in order to enable great scalability, remote monitoring, and real-time data analysis. A simplified and efficient process is achieved when processes are automated. This reduces manual work and streamlines processes. Automation improves accuracy and reduces errors in motion control systems.
Autonomous robots are expected to increase in deployment in the near future. Their ability to perform tasks without human intervention makes motion control more accurate and efficient. Motion control systems are tracking and locate objects with the help of machine vision.
As a result, accuracy is improved and errors are reduced. Manufacturing, inspection, and cleaning are just some of the uses of autonomous robots. Advanced sensors are increasingly being used in motion control centers.
In addition to detecting velocity, position, and other variables, these sensors are also useful for identifying potential problems before they arise. As a result, the machines can adjust and make changes in real-time, ensuring optimal performance.
Virtual reality is becoming increasingly popular among motion control centers. With the help of this technology, operators are able to train better and perform better by executing more realistic simulations based on their own measurements. In recent years, cloud computing has become increasingly popular in motion control centers.
With the use of this technology, motion control centers can become more efficient and cost-effective by allowing apps and data to be accessed from the cloud, thereby reducing the amount of information stored locally.
Data Points | Key Statistics |
---|---|
Expected Market Value in 2023 | USD 3 billion |
Projected Market Value in 2033 | USD 5 billion |
Growth Rate (2023 to 2033) | CAGR of 5.2% |
A motion-control system directs and starts a load's movement to do its mechanical work. It has the ability to precisely manage speed, position, and torque.
Applications requiring the positioning of multiple pieces in sync or the quick start and stop of motion are some examples of where motion control is used. The controller, motor, and drive or amplifiers are the three fundamental parts of a motion control system.
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The motion control centres is expected to grow at 5.8% CAGR between2023 to 2033 and the market grew by 3.0% for 2018 to 2022.
Increased usage of advanced and automated manufacturing processes, increased demand for industrial robots in manufacturing processes, increased safety-enabled productivity in businesses as a result of strict safety regulations enforced by governments, and increased IIoT integration are all significant factors driving the motion control market among others.
An important factor accelerating the growth of the motion control market is the increasing acceptance of sophisticated and automated processes in the manufacturing sector. The demand for industrial robots in manufacturing operations has increased as a result of the strict safety regulations imposed by governments, which have increased the requirement for tight safety standards in manufacturing enterprises.
The main factor, among others, promoting the expansion of the motion control industry is an increase in convenience and the integration of IIoT with motion control systems.
A motion control system must incorporate several components, which has an immediate impact on the cost of machine maintenance and replacement. The cost of spare parts inventory increases with the number of component kinds.
Some motors must be replaced frequently because they physically touch the commutator. However, these drawbacks are considerably outweighed by the advantages of using motion control for automation.
Motion control center market is anticipated to increase significantly in the USA market due to the employment of robots in industrial settings. Store vendors have heavily utilised robots to manage the movement of materials and waggons, and USA-based corporations like Amazon are investing in robots to assist their warehouse staff with handling product distribution and organising.
These were the reasons, USA was estimated to have held the largest market share of 15.6% in 2022.
Motion control systems are used in the medical field for bionic prosthesis, mechanical valve transplants, air pumps for respiratory use, and smart wheelchairs that can navigate stairs and difficult terrain. As a result, it is anticipated that the demand for effective, compact medical devices that make use of motion control systems would expand.
Indian automobile industry businesses are increasingly taking on the use of robotics and conveyor systems to increase production. This is because everything from elevators, to mass transit buses and trains, to coffee makers used in city offices are operated by motion control systems like dc gear motors, so India has highest growth rate in the market for motion control centers market with CAGR of 13.4%.
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North America had the largest market share for motion control centers market for the year 2022, with a market share of 25.2% which approximates to about USD 3.75 Billion. While South Asia and Pacific is expected to be the fastest growing region with a CAGR of 12.3%.
Numerous factors, such as the expanding adoption of cutting-edge technologies in the automotive industry, rising government spending on the aerospace and military industry, and quick innovation in the medical device manufacturing sector, are primarily responsible for the expansion of the motion control market in North America.
The market is segmented into relays, variable speed drives, circuit breakers & fuses, bus bars, and others. The bus bar segment accounted high in the motor control centers market. It has amajor impact upon the market due to the use of motor control centers inside a variety of electrical components such as the incoming bus bar, earthing bus bar, and main bus bar.
Robotics usage in manufacturing plants has significantly expanded. Robotics are used for operations, assembling, processing, and material handling. Motion control techniques are widely used in robotics to ensure precise process. Industrial robots are in greater demand as a result of their ability to simplify manufacturing processes.
The motion control market is extremely competitive, with several major players. These market leaders are broadening their customer base to include customers from other countries. These businesses are capitalizing on strategic collaborative efforts to increase their market share and profitability.
Attribute | Details |
---|---|
Market value in 2022 | USD 14.9 Billion |
Market CAGR 2023 to 2033 | 5.8% |
Share of top 5 players | Around 35% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Billion for Value |
Key Regions Covered | North America; Latin America; Europe; South Asia & Pacific; East Asia and the Middle East & Africa |
Key Countries Covered | USA, Canada, Germany, United kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey and South Africa |
Key Segments Covered | Component, Deployment Mode, Mode and Region |
Key Companies Profiled |
ABB; Rittal; TES; Technical Control Systems; LSIS; WEG; Tesco Controls; Rockwell Automation; Eaton; Mitsubishi Electric; Siemens; Schneider Electric; Larsen & Toubro; Fuji Electric; Vidhyut Control |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Some leading companies are ABB, Rittal, Mitsubishi Electric., Siemens, Larsen & Toubro etc.
South Asia and Pacific region is expected to showcase the highest growth.
Manufacturers of motion controllers are concentrating on creating new varieties that may be used effectively in rapidly expanding areas like medicine and semiconductors and electronics.
Intelligent motion control centers has the largest market share for the motion control centers of 56.9%
Bus bars have the highest CAGR for the motion control centers of 4.6%.
USA, United kingdom, India, China and Japan.
The market share of South Asia and Pacific for the year 2022 is 17.9% which is approximately USD 14.9 Billion.
Automation manufacturing segment are gaining popularity.
India has the highest CAGR for the forecast period, which is 13.4%.
The CAGR for the forecast period 2018 to 2022 for motion control centers was 5.8%.
Japan had the largest market share in East Asia in 2022, for motion control centers market of 7.6%.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Component 6.2. Deployment Mode 6.3. Mode 7. Global Market Analysis and Forecast, By Component 7.1. Circuit Breakers & Fuses 7.2. Bus Bars 7.3. Variable Speed Drives 7.4. Overload Relays 7.5. Others 8. Global Market Analysis and Forecast, By Deployment Mode 8.1. Commercial 8.2. Industrial 8.3. Oil & Gas 8.4. Chemical & Petrochemical 8.5. Metals & Mining 8.6. Manufacturing 8.7. Others 9. Global Market Analysis and Forecast, By Mode 9.1. Intelligent Motion Control Centers 9.2. Traditional Motion Control Centers 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. East Asia 10.5. South Asia & Pacific 10.6. Middle East & Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Component, Deployment Mode, and Mode for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. ABB 19.2. Rittal 19.3. TES 19.4. Technical Control Systems 19.5. LSIS 19.6. WEG 19.7. Tesco Controls 19.8. Rockwell Automation 19.9. Eaton 19.10. Mitsubishi Electric 19.11. Siemens 19.12. Schneider Electric 19.13. Larsen & Toubro 19.14. Fuji Electric 19.15. Vidhyut Control
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