Motion Control Market - By Product (Motors & Drives, Controllers, Sensors & Feedback Devices, Actuators & Mechanical Systems), By System (Open Loop, Closed Loop), By Technology, Application, End User & Forecast, 2024 – 2032

Motion Control Market Size

Motion Control Market was valued at USD 20.3 billion in 2023 and is estimated to register a CAGR of over 5.5% between 2024 & 2032. The market growth is driven by escalating automation and industrialization across the globe. As industries worldwide strive for greater efficiency and productivity, motion control systems play a pivotal role in automating processes and machinery. These systems enable precise control of movements, enhancing overall operational accuracy and speed. The demand for advanced motion control solutions continues to rise as businesses seek to optimize their operations through seamless integration of automation technologies, fostering sustained market expansion.
 

Quoting an instance, in January 2024, Goodyear Tire & Rubber Company and ZF, a prominent player in-vehicle systems and industrial technology, have achieved seamless integration of tire intelligence technologies with vehicle motion control software. This collaborative effort has resulted in the development of Goodyear SightLine, a comprehensive suite of tire intelligence technologies incorporated into ZF's cubiX ecosystem. This scalable vehicle motion control software, part of the Tire Intelligence platform, effectively synchronizes all aspects of vehicle dynamics. By enhancing the chassis system with additional tire and road data, this integration ultimately elevates the driving experience, offering improved comfort, control, and efficiency.
 

Ongoing technological advancements in motion control systems, including improvements in motion control sensors, actuators, and control algorithms, will play a key role in shaping the motion control market outlook. In January 2024, JVC Professional Video introduced the RM-LP450G Slow-Motion Controller tailored for vMix Studio Switchers, ideal for sports broadcasting. Engineered to enhance live playback workflows, this controller boasts a contemporary design and user-friendly layout with 38 backlit keys, facilitating quick identification of key functions and minimizing errors. Featuring Playback Search Disks and a Control T-bar for rapid video playback control, the device streamlines replays. With the capability to instantly access up to eight video inputs, it enables capturing diverse camera angles for in-depth analysis and customized programming. Innovations such as integrated motion control solutions, smart motion controllers, and the use of advanced materials contribute to more efficient and sophisticated motion control applications.
 

However, the implementation of advanced motion control systems often involves significant upfront costs. This includes the expenses associated with purchasing sophisticated hardware software and integrating the systems into existing machinery. For some businesses, especially SMEs, these initial costs can act as a barrier to adopting motion control technology.
 

Motion Control Market Trends

The motion control industry is expected to see increased adoption of advanced Human-Machine Interaction technologies. This includes intuitive interfaces, Augmented Reality (AR), and Virtual Reality (VR) applications that enhance the interaction between operators and motion control systems. Improved HMI can lead to better user control, monitoring, and diagnostics, contributing to enhanced overall system performance and user experience.
 

Citing an example, in March 2023, ADLINK Technology Inc., a global leader in edge computing, introduced the PanKonix Series HMI Panel PC—a cutting-edge industrial all-in-one panel PC that seamlessly integrates control, gateway, and display functions. This innovative product delivers a cost-effective solution with easy integration and high extendibility, leveraging software-defined motion controllers like SuperCAT and iFace Designer. The PanKonix Series ensures swift and reliable connections to mainstream PLC- and PC-based controllers alongside I/O modules. With an elegant, customizable user interface, the system offers features such as network enablement, cloud connectivity, push notifications, and simplified multi-IP management. With its cost savings, streamlined wiring, reduced integration time, and robust HMI software, the PanKonix Series is poised to revolutionize industrial efficiency.
 

Motion Control Market Analysis

Based on product, the market is divided into motors & drives, controllers, sensors & feedback devices, and actuators & mechanical systems. In 2023, the motors and drives segment accounted for over USD 9 billion. The demand for motion control in motors and drives is propelled by the increasing need for precision and efficiency in various industries. As automation becomes integral, motion control technologies enhance the performance of motors and drives, ensuring precise and synchronized movements. Industries such as manufacturing, robotics, and aerospace leverage motion control to achieve optimal operational speeds, accurate positioning, and seamless coordination in complex systems. Additionally, the rising adoption of electric vehicles and the quest for energy efficiency further drive the demand for advanced motion control solutions in motor and drive applications, promoting innovation and technological advancements in the field.
 

Based on the system, the market is categorized into open loop, and closed loop. In 2023, the closed loop segment accounted for a market share of 56% and is projected to grow significantly till 2032. Closed-loop motion control systems are gaining traction due to their enhanced precision and reliability. These systems incorporate feedback mechanisms, such as encoders, to continuously monitor and adjust the position, speed, and torque of the motor. This real-time feedback enables accurate and consistent performance, making closed-loop systems ideal for applications requiring high precision and responsiveness. Industries like manufacturing, robotics, and healthcare benefit from reduced errors, increased efficiency, and improved overall system stability. The growing demand for improved process control, reduced downtime, and higher-quality outputs contributes to the increasing adoption of closed-loop motion control systems across diverse applications.
 

Asia Pacific dominated the global motion control market with a major share of over 45% in 2023. Asia Pacific motion control industry is flourishing, driven by rapid industrialization, increasing manufacturing activities, and a burgeoning demand for automation. As countries in the region invest heavily in technological advancements, there's a significant uptake of motion control solutions across diverse sectors. The expanding automotive, electronics, and machinery industries are key contributors, seeking precision and efficiency in their operations. Moreover, the rise of smart manufacturing and Industry 4.0 initiatives further propels the adoption of advanced motion control technologies. With a robust industrial landscape and a focus on innovation, the Asia Pacific region stands as a thriving market for the motion control industry.
 

Motion Control Market Share

Siemens and ABB Ltd. hold a significant market share of over 8% in the motion control industry. These prominent players in the motion control industry employ various strategies to fortify their positions. One common approach is continuous innovation, with a focus on developing advanced motion control technologies to meet evolving market demands. Strategic partnerships and collaborations with other industry players or technology providers enhance the development and integration of comprehensive solutions.
 

Expansion into emerging markets, particularly in Asia Pacific, allows companies to tap into growing industrial sectors. Additionally, a strong emphasis on customer-centric strategies, such as providing comprehensive technical support and training, fosters long-term relationships and builds brand loyalty. Companies also invest in research and development, ensuring their products align with industry standards and regulations, further solidifying their competitive edge in the dynamic market.
 

Motion Control Market Companies

Major players operating in the motion control industry are:

• ABB
• Allied Motion Technologies Inc.
• Emerson Automation Solutions
• Honeywell
• Omron Corporation
• Parker Hannifin Corporation
• Rexnord Corporation
• Rockwell Automation
• Schneider Electric
• Siemens
   

Motion Control Industry News

• In December 2023, DE-STA-CO, a prominent player in robotic tooling, work-holding and flexible industrial automation solutions, announced the acquisition of Industrial Motion Control, LLC, which has annual revenues of approximately $50 million. Terms of the transaction were not disclosed.
   
• In May 2023, Mitsubishi Electric Corporation and Movensys Inc. jointly declared a strategic business partnership to enhance cooperation in their AC servo and motion control ventures. Under this collaboration, Mitsubishi Electric is moving forward to acquire an equity stake in Movensys, based in Seongnam, Gyeonggi-do, Korea.
   

The motion control market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) and shipment (Units) from 2018 to 2032, for the following segments:

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Market, By Product

• Motors & drives
• Controllers
• Sensors & feedback devices
• Actuators & mechanical systems

Market, By System

• Open loop
• Closed loop

Market, By Technology

• Hydraulic motion control
• Pneumatic motion control
• Electromechanical motion control
• Stepper motion control

Market, By Application

• Robotics
• Machine tools
• Material handling
• Packaging
• Others

Market, By End-user

• Manufacturing
• Automotive
• Aerospace & defense
• Healthcare
• Consumer electronics
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA