Home > Semiconductors & Electronics > Automation > Robotics > Motion Control Market

Motion Control Market Trends

Report ID: GMI8056
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

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.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Motion control industry size reached USD 20.3 billion in 2023 and is set to expand at over 5.5% CAGR between 2024 and 2032 driven by escalating automation and industrialization across the globe.

Motors control market from the motions and drives segment generated more than USD 9 billion in revenue in 2023 and is anticipated to witness high demand up to 2032 due to the increasing need for precision and efficiency in various industries.

Asia Pacific surpassed 45% revenue share of the motion control industry in 2023 owing to rapid industrialization, increasing manufacturing activities, and the burgeoning demand for automation.

Some of the top motion control firms include ABB, Allied Motion Technologies Inc., Emerson Automation Solutions, Honeywell, Omron Corporation, Parker Hannifin Corporation, Rexnord Corporation, Rockwell Automation, Schneider Electric, and Siemens.