[Market Report] The Global Market for Motion Control
Report ID: AA1023830
The global motion control market is accelerating and is expected to reach 20.7 billion USD by 2031.
The global motion control market is experiencing significant growth against the backdrop of increasing demand for precise and automated control systems across various industries. In 2022, the market recorded substantial revenues of approximately \$13.81 billion. Forecasts from 2023 to 2031 suggest that the market will maintain a stable upward trajectory, with an estimated compound annual growth rate (CAGR) of 4.60%. This growth is expected to propel the market to an astonishing size of \$20.7 billion by 2031. Motion control technology plays a crucial role in a wide range of applications, from manufacturing and robotics to aerospace and automotive sectors. This technology encompasses various techniques and components, including motors, drives, sensors, and controllers, all designed to accurately control the movements of machines and equipment. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global motion control market focuses on components, technologies, applications, industries, and regions. By Component - Actuators and Mechanical Systems - Motion Controllers - Electric Drives - AC Motors - Sensors and Feedback Devices By Technology - Pneumatic - Hydraulic - Electromechanical Actuation By Application - Inspection - Material Handling - Packaging - Robotics By Industry - Metal and Machinery Manufacturing - Healthcare - Automotive - Aerospace and Defense - Oil and Gas - Semiconductors and Electronics Key Companies: - Siemens AG - Emerson - Schneider Electric - Rockwell Automation - Parker Hannifin - STM Microelectronics - MKS Instruments - Motion Control - Estun Automation - Powertec Industrial Motors - Dover Motion - OMRON
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