The Business Research Company’s Motion Control Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Motion Control Global Market Report 2023 evaluates motion control market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global motion control market size 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The motion control market is expected to grow to $19.53 billion in 2027 at a CAGR of 5.1%.
The motion control market segments in the report are:
1) By Type: Computerized Numeric Control, General Motion Control, Servo Drives, Position Control Hardware
2) By Component: Actuators and Mechanical Systems, Motion Controllers, Electric Drives, AC Motors, Sensors, and Feedback Devices
3) By Application: Metal Cutting, Metal Forming, Material Handling Equipment, Robotics, Semiconductor Machinery, Rubber and Plastics, Machinery, Other Applications
4) 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
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The table of contents in TBRC’s motion control market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
Top 5 Major Key Players Are:
- ABB Ltd
- Fanuc Corporation
- Mitsubishi Electric Corporation
- Siemens AG
- Yaskawa Electric Corporation
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Motion Control Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Motion Control Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Motion Control Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: ABB Ltd. Financial Performance
Table 48: Fanuc Corporation Financial Performance
Table 49: Mitsubishi Electric Corporation Financial Performance
Table 50: Siemens AG Financial Performance
Table 51: Yaskawa Electric Corporation Financial Performance
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