Industrial Automation Motion Control Systems Market Size Worth $16.68 Billion by 2027 with Leading Players – ABB Ltd., Siemens, Bosch Rexroth AG and More

May 13 15:26 2021
Industrial Automation Motion Control Systems Market Size Worth $16.68 Billion by 2027 with Leading Players - ABB Ltd., Siemens, Bosch Rexroth AG and More

Industrial Automation Motion Control Systems Market
Growing emphasis on streamlining the production work in industries, and prioritizing on the automated & errorless efficiency of the Industrial automation motion control are deliberately influencing the market growth.

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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