Motion Control Market Size Worth $25.59 Billion By 2032 | CAGR: 6.1%

The global motion control market size is expected to reach USD 25.59 billion by 2032, according to a new study by Polaris Market Research. The report “Motion Control Market Share, Size, Trends, Industry Analysis Report, By Components (Motion Controller, Actuators & Mechanical Systems, Electric Drives, electric drivers, AC Motors and Software); By Type; By End-Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The motion control market refers to the industry that produces devices and systems designed to control and manage the movement of machinery and equipment. Motion control technologies are used in a variety of applications across different sectors, including manufacturing, robotics, aerospace, automotive, and others.

Motion control systems are continually evolving to become more energy-efficient. As energy conservation becomes a priority for industries, the demand for motion control solutions that optimize energy usage while maintaining performance is on the rise. Sensors play a crucial role in motion control by providing feedback on the position, speed, and other parameters. Advancements in sensor technologies, including the development of cost-effective sensors, and more accurate contribute to the growth of the motion control market.

Moreover, Motion control systems find applications in diverse industries, including automotive, aerospace, healthcare, and consumer electronics. The expanding scope of these applications contributes to market growth. The increasing use of electronic devices, electric vehicles, and other innovations like robotics has led the motion control market and shows significant growth during the forecast period.

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The market for motion control is expanding due to various factors such as the growing demand for industrial robots in manufacturing processes, the increasing adoption of automated and advanced processes for factory automation, and the motion control systems' easy integration and usability. High replacement and maintenance costs, however, are anticipated to impede market expansion. Moreover, the fourth industrial revolution offers profitable prospects for the expansion of the motion control industry.

These corporations utilize diverse approaches, including technological innovations, mergers and acquisitions, and research and development, to broaden their range of products and sustain a competitive advantage in the marketplace.

However, In October 2020, PTC, an American provider of computer software and services, and Rockwell Automation partnered. Through this partnership, the commercial efforts of both companies to provide a full digital thread solution from initial design to stages of operation, maintenance, and optimization were streamlined. Through this partnership, both companies will be able to serve their customers with ease through 2023 and beyond by utilizing each other's resources, technologies, industry knowledge, and market presence.

Motion Control Market Report Highlights

• In 2023, the electric drives segment accounted for the largest revenue share, due to electric drives offer precise control over the motion of machinery, making them suitable for applications where accuracy and control are critical, such as robotics and automation.
• The pharmaceutical and cosmetics anticipated to witness the highest market share during the forecast period. Increasing expenditure towards self-care, self-medication and aesthetic lifestyle has increases the use of pharmaceutical product globally. 
• In 2023, North America dominated the largest market, due to increasing industries such as aerospace and healthcare, require high-precision manufacturing processes. Motion control systems contribute to achieving the level of precision needed in these industries.
• Asia pacific is expected to grow at fastest rate during the forecast period due to a major hub for the production of consumer electronics. Motion control is essential in the manufacturing and assembly of electronic devices, contributing to the market's growth.
• The global key market players Estun Automation Co. Ltd, Motion Control Co, Emerson Electric Co, Siemens AG, Rockwell Automation Inc, Parker Hannifin Co, ABB Group, Schneider Electric, STM Microelectronics, MKS Instruments Inc.

Polaris Market Research has segmented the motion control market report based on components, type, end-use, and region:

Motion Control, Components Outlook (Revenue - USD Billion, 2019 - 2032)

• Motion Controller
• Actuators & Mechanical Systems
• Electric Drives
• AC Motors
• Software

Motion Control, Type (Revenue - USD Billion, 2019 - 2032)

• Open Loop
• Closed Loop

Motion Control, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Aerospace
• Automotive
• Semiconductor
• Electronics
• Metal and machinery
• Food and beverages
• Medical devices
• Pharmaceutical and cosmetics
• Others

Motion Control, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of APAC

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA

Motion Control Market Report Scope