The Global Industrial Automation Motion Control Systems Market is projected to grow USD 16.68 billion by 2027. The factors associated with the growth of the market include rising adoption of the automation in most applications within the industrial premises, greater emphasis on the precision & accuracy, rising investment in advanced & automated processes in the industrial sector, and safety-enabled productivity measurements in industrial premises due to stringent safety rules imposed by the governments.
It is extremely crucial to effectively manage all the moving parts in an industrial control environment consisting of operational machineries to logistic systems. A broad range of servo drives, actuators, and servo motors are integrated for the smooth functioning of the overall system. With a colossal focus on high throughput, extreme durability, and heavy load capacity, the motion control systems are designed for the most rigorous demands of accuracy & precision industrial applications. Precision position feedback accumulated from the sensors is supplied by a super accurate linear scale. The precision alignment & mounting of the low thermal expansion scale in the middle of the stage reduces the impact of temperature changes on the stage repeatability & accuracy.
Growing industrialization in the developing countries in Asia Pacific region, and a higher advancement in the semiconductor & the microelectronics research & development, the market is increasingly being paced up to create enforcement.
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Key findings in the report:
- In June 2020, Parker Hannifin increased its Parker Servo Drive (PSD) product portfolio with a launch of fully programmable drive. The programmable intelligent servo drive is fully programmable via IEC 61131-3 with a runtime based on widely distributed CODESYS V3.
- Automotive & Aerospace, owing to their highest estimated usage of the industrial automation motion control especially for a flexibility in production & logistics, are the highest contributor of this market. In context to End-Users, the Automotive & Aerospace segment held the largest market share of 28.7% in 2019, and growing with a CAGR of 2.7% during the forecast period.
- Asia Pacific is projected to witness the fastest growth rate of 9.6% during the forecast period. The rising application of motion control automation in most of the prominent industrial premises and a huge development of the automation system & semiconductor industry, especially in the countries like China, South Korea, & India, are some of the factors augmenting the growth of the market in this region.
- Key players in the market include Parker Hannifin Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, ABB Ltd., Siemens, Bosch Rexroth AG, Rockwell Automation, Inc., Bosch Rexroth AG, Yaskawa, and The Schindler Group, among others.
Industrial Automation Motion Control Systems Market Size, Share & Analysis, By End-Users, By System Type, By Component, And Regions, Forecasts To 2027, To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/industrial-automation-motion-control-systems-market
For the purpose of this report, Reports and Data have segmented into the global Industrial Automation Motion Control Systems Market on the basis of End-Users, System Type, Component, and region:
End-Users Outlook (Revenue: USD Billion; 2017-2027)
- Metallurgical & Manufacturing
- Chemical & Materials
- Semiconductor & Electronics
- Automotive & Aerospace
- Food & Beverages
- Others
System Type Outlook (Revenue: USD Billion; 2017-2027)
- Open Loop
- Closed Loop
Component Outlook (Revenue: USD Billion; 2017-2027)
- Actuators & Mechanical Systems
- Motors
- Motion Controllers
- Drives
- Sensor & Feedback Devices
- Software & Services
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Regional Outlook (Revenue in USD Billion; 2017–2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Egypt
- Rest of MEA
Table Of Content
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Industrial Automation Motion Control Systems Market Segmentation & Impact Analysis
4.1. Industrial Automation Motion Control Systems Market Material Segmentation Analysis
4.2. Industrial Outlook
………………
Chapter 9. Competitive Landscape
9.1. Market Revenue Share By Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape
Chapter 10. Company Profiles
10.1. Parker Hannifin Corporation
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Schneider Electric SE
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. Mitsubishi Electric Corporation
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. ABB Ltd.
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. Siemens
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
Continue …
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