Motion Control Market by Offering (Actuators & Mechanical Systems, Drives, Motors, Motion Controllers, Sensors & Feedback Services, Software & Services), System (Open-loop, Closed-loop), End-user Industry and Region - Global Forecast to 2029
The motion control market is estimated to be worth USD 16.5 billion in 2024 and is projected to reach USD 21.6 billion by 2029 at a CAGR of 5.5% during the forecast period. The global Motion Control Market is experiencing substantial growth as businesses strive to enhance efficiency and productivity, the integration of motion control systems becomes crucial for precise control over machinery and automated processes. Additionally, a significant impetus comes from government initiatives aimed at promoting workplace safety, where motion control plays a pivotal role in ensuring controlled and secure movement of machinery. The growing recognition of the benefits associated with automation, coupled with a heightened focus on creating safer work environments, contributes to the global expansion of the Motion Control Market. This trend is indicative of the technology's key role in advancing industrial automation and aligning with safety objectives on a global scale.
“Motors to hold the largest share of motion control market in 2023.”
Motors are the core components of motion control systems; motors serve as the driving force behind the controlled motion of machinery and automated systems. The surge in demand for automation across industries, coupled with the continuous advancements in motor technology, contributes to their dominant position in the market. Motors play a crucial role in achieving accurate positioning, speed control, and overall operational efficiency in diverse sectors such as manufacturing, robotics, automotive, and aerospace. The increasing adoption of motors in conjunction with motion control systems underscores their significance in facilitating the seamless integration of automation, thereby solidifying their position as the key contributors to the overall growth and leadership of the Motion Control Market.
“Semiconductor & Electronics industry to hold the second largest share of motion control market in 2023.”
Motion control systems play a critical role in semiconductor and electronics manufacturing processes by providing precise control over machinery and robotic systems. As the demand for electronic components and devices continues to rise, the industry is increasingly adopting motion control solutions to optimize production efficiency, enhance accuracy, and ensure the seamless operation of complex machinery. The intricate and high-precision requirements of semiconductor manufacturing make motion control systems integral to achieving the exacting standards necessary for quality production. The Semiconductor and Electronics industry's heavy share in the Motion Control Market is indicative of the technology's fundamental contribution to the evolution and efficiency of manufacturing processes within this dynamic and rapidly advancing sector.
“Europe to hold the second largest market share of motion control market in 2023.”
Europe is poised to command a significant share of the Motion Control Market, reflecting the region's robust industrial landscape and a commitment to technological innovation. The adoption of motion control systems in Europe is driven by the imperative for increased automation, precision, and efficiency across diverse industries. The region's strong presence in manufacturing, automotive, aerospace, and other key sectors underscores the pivotal role of motion control technologies. Furthermore, government initiatives promoting Industry 4.0, smart manufacturing practices, and stringent quality standards contribute to the heightened demand for advanced motion control solutions. As European industries continue to embrace cutting-edge automation technologies, the Motion Control Market in the region is set to play a crucial role in shaping and enhancing industrial processes, thereby securing a significant share in the global landscape.
The break-up of the profiles of primary participants:
Research Coverage
The report segments the motion control market by offering, system, industry, and region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall motion control market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
“Motors to hold the largest share of motion control market in 2023.”
Motors are the core components of motion control systems; motors serve as the driving force behind the controlled motion of machinery and automated systems. The surge in demand for automation across industries, coupled with the continuous advancements in motor technology, contributes to their dominant position in the market. Motors play a crucial role in achieving accurate positioning, speed control, and overall operational efficiency in diverse sectors such as manufacturing, robotics, automotive, and aerospace. The increasing adoption of motors in conjunction with motion control systems underscores their significance in facilitating the seamless integration of automation, thereby solidifying their position as the key contributors to the overall growth and leadership of the Motion Control Market.
“Semiconductor & Electronics industry to hold the second largest share of motion control market in 2023.”
Motion control systems play a critical role in semiconductor and electronics manufacturing processes by providing precise control over machinery and robotic systems. As the demand for electronic components and devices continues to rise, the industry is increasingly adopting motion control solutions to optimize production efficiency, enhance accuracy, and ensure the seamless operation of complex machinery. The intricate and high-precision requirements of semiconductor manufacturing make motion control systems integral to achieving the exacting standards necessary for quality production. The Semiconductor and Electronics industry's heavy share in the Motion Control Market is indicative of the technology's fundamental contribution to the evolution and efficiency of manufacturing processes within this dynamic and rapidly advancing sector.
“Europe to hold the second largest market share of motion control market in 2023.”
Europe is poised to command a significant share of the Motion Control Market, reflecting the region's robust industrial landscape and a commitment to technological innovation. The adoption of motion control systems in Europe is driven by the imperative for increased automation, precision, and efficiency across diverse industries. The region's strong presence in manufacturing, automotive, aerospace, and other key sectors underscores the pivotal role of motion control technologies. Furthermore, government initiatives promoting Industry 4.0, smart manufacturing practices, and stringent quality standards contribute to the heightened demand for advanced motion control solutions. As European industries continue to embrace cutting-edge automation technologies, the Motion Control Market in the region is set to play a crucial role in shaping and enhancing industrial processes, thereby securing a significant share in the global landscape.
The break-up of the profiles of primary participants:
- By Company Type – Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
- By Designation – C-level Executives – 57%, Directors – 27%, and Others – 16%
- By Region – North America - 24%, Europe – 24%, Asia Pacific – 46%, and Rest of the World – 6%
Research Coverage
The report segments the motion control market by offering, system, industry, and region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall motion control market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Rising need for high-end automation across industries, government initiatives to promote workplace safety, rising adoption and usage of industrial robots by manufacturers, and adoption of AI and IoT with motion control systems is driving the market), restraints (Heavy maintenance and replacement cost associated with motion control systems and susceptibility of motion control systems to cyberattacks are hindering the growth of the market), opportunities (Adoption of industry 4.0 principles for manufacturing, integration of emerging technologies such as programmable logic controllers (PLCs) and human-machine interface (HMI) with motion control systems and implementation of integrated communication system across various sectors), and challenges (Designing flexible, scalable, and low-cost motion control systems and shortage of skilled and experienced workforce) influencing the growth of the motion control market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the motion control market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the motion control market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the motion control market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like ABB (Switzerland), FANUC Corporation (Japan), Siemens (Germany), Yaskawa Electric Corporation (Japan), and Mitsubishi Electric Corporation (Japan).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MOTION CONTROL MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 MOTION CONTROL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primary interviews
2.1.2.2 Primary interviews with experts
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES IN MOTION CONTROL MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side)
FIGURE 4 MOTION CONTROL MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side)
FIGURE 5 MOTION CONTROL MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON
MOTION CONTROL MARKET
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
3 EXECUTIVE SUMMARY
FIGURE 8 MOTION CONTROL MARKET, 2020?2029 (USD MILLION)
FIGURE 9 MOTORS TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 10 CLOSED-LOOP SYSTEMS TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 11 PHARMACEUTICALS & COSMETICS TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 12 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MOTION CONTROL MARKET
FIGURE 13 GROWING ADOPTION OF AUTOMATION ACROSS VARIOUS MANUFACTURING PROCESSES TO DRIVE MARKET
4.2 MOTION CONTROL MARKET, BY OFFERING
FIGURE 14 DRIVES SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2024 AND 2029
4.3 MOTION CONTROL MARKET, BY SYSTEM
FIGURE 15 CLOSED-LOOP SYSTEMS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.4 MOTION CONTROL MARKET, BY INDUSTRY
FIGURE 16 AUTOMOTIVE SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 MOTION CONTROL MARKET, BY COUNTRY
FIGURE 17 MOTION CONTROL MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 MOTION CONTROL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising need for high-end automation across industries
5.2.1.2 Government initiatives to promote workplace safety
5.2.1.3 Growing use of industrial robots by manufacturers
5.2.1.4 Increasing integration of AI and IoT with motion control systems
FIGURE 19 MOTION CONTROL MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Heavy maintenance and replacement costs associated with motion control systems
5.2.2.2 Susceptibility of motion control systems to cyberattacks
FIGURE 20 MOTION CONTROL MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of Industry 4.0 principles for manufacturing
5.2.3.2 Integration of emerging technologies with motion control systems
5.2.3.3 Implementation of integrated communication systems across various sectors
FIGURE 21 MOTION CONTROL MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Designing flexible, scalable, and low-cost motion control systems
5.2.4.2 Shortage of skilled and experienced workforce
FIGURE 22 MOTION CONTROL MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 23 MOTION CONTROL MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
TABLE 1 AVERAGE SELLING PRICE OF MOTION CONTROL DEVICES, BY TYPE
FIGURE 24 AVERAGE SELLING PRICE TREND OF SERVO MOTORS, 2020?2029 (USD)
5.4.1 AVERAGE SELLING PRICE TREND OF SERVO MOTORS FOR KEY PLAYERS, BY POWER RATING
FIGURE 25 AVERAGE SELLING PRICE OF SERVO MOTORS, BY POWER RATING FOR KEY PLAYERS (USD)
TABLE 2 AVERAGE SELLING PRICE OF SERVO MOTORS, BY POWER RATING FOR KEY PLAYERS (USD)
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 3 AVERAGE SELLING PRICE TREND OF SERVO MOTORS, BY REGION
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 26 MOTION CONTROL MARKET: SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM MAPPING
FIGURE 27 MOTION CONTROL MARKET: ECOSYSTEM MAP
TABLE 4 COMPANIES AND THEIR ROLE IN MOTION CONTROL ECOSYSTEM
5.7 TECHNOLOGY ANALYSIS
5.7.1 ARTIFICIAL INTELLIGENCE
5.7.2 SIMULATION & DIGITAL TWINNING
5.7.3 FRAMELESS MOTORS
5.7.4 PREDICTIVE MAINTENANCE
5.7.5 IIOT SENSORS
5.7.6 MOTION OUT-OF-THE-BOX
5.8 PATENT ANALYSIS
FIGURE 28 MOTION CONTROL MARKET: TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2014–2023
FIGURE 29 MOTION CONTROL MARKET: NUMBER OF GRANTED PATENTS RELATED TO MOTION CONTROL SYSTEMS, 2014–2023
TABLE 5 MOTION CONTROL MARKET: TOP 20 PATENT OWNERS, 2014–2023
TABLE 6 LIST OF PATENTS RELATED TO MOTION CONTROL SYSTEMS
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO
FIGURE 30 MOTION CONTROL MARKET: IMPORT DATA FOR HS CODE 8501, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.9.2 EXPORT SCENARIO
FIGURE 31 MOTION CONTROL MARKET: EXPORT DATA FOR HS CODE 8501, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.10 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 7 MOTION CONTROL MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.11 CASE STUDY ANALYSIS
TABLE 8 NIDEC MOTOR PROVIDES IMPROVED TEMPERATURE CONTROL, WITH SAVINGS OF NEARLY 7,500 KWH
TABLE 9 MITSUBISHI ELECTRIC OFFERS IMPROVED RELIABILITY, EXPANDED CUSTOMER FEATURES, AND OVERWRAPPING ACCURACY WITHOUT LABEL DISTORTION
TABLE 10 MOTION CONTROL MOTORS AND DRIVES DESIGNED WITH CUTTING-EDGE TECHNOLOGY ACCELERATE BOTTLE LABELING
TABLE 11 TROUBLESHOOTING MOTION CONTROL SYSTEMS USING MOOG ANIMATICS SMARTMOTOR DATA
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.2 REGULATORY STANDARDS
5.12.3 IEC 61508
5.12.4 IEC 61511
5.12.5 IEC 62061
5.12.6 IEC 62443
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 32 MOTION CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 16 MOTION CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES (%)
5.14.2 BUYING CRITERIA
FIGURE 34 MOTION CONTROL MARKET: KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
TABLE 18 MOTION CONTROL MARKET: KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
6 TRENDS AND EMERGING APPLICATIONS RELATED TO MOTION CONTROL TECHNOLOGY
6.1 INTRODUCTION
6.2 TRENDS RELATED TO MOTION CONTROL TECHNOLOGY
6.2.1 ADVANCED ROBOTICS AND COBOTS
6.2.2 HUMAN-MACHINE INTERFACE (HMI)
6.2.3 AUTONOMOUS VEHICLES AND DRONES
6.2.4 3D PRINTING AND ADDITIVE MANUFACTURING
6.3 EMERGING APPLICATIONS RELATED TO MOTION CONTROL TECHNOLOGY
6.3.1 REHABILITATION ROBOTICS
6.3.2 DIGITAL TWIN TECHNOLOGY
6.3.3 AUTONOMOUS UNDERWATER VEHICLES (AUVS)
6.3.4 ADVANCED PACKAGING AND MATERIAL HANDLING
7 EMERGING IMPLEMENTATION AREAS OF MOTION CONTROL SYSTEMS
7.1 INTRODUCTION
7.2 METAL CUTTING
7.3 METAL FORMING
7.4 MATERIAL HANDLING
7.5 PACKAGING & LABELLING
7.6 ROBOTICS
7.7 OTHER IMPLEMENTATION AREAS
8 MOTION CONTROL MARKET, BY OFFERING
8.1 INTRODUCTION
FIGURE 35 MOTION CONTROL MARKET SEGMENTATION, BY OFFERING
FIGURE 36 MOTORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 19 MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 20 MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
8.2 ACTUATORS AND MECHANICAL SYSTEMS
8.2.1 INCREASING USE DUE TO GREATER EFFICIENCY TO DRIVE MARKET
8.2.2 ELECTRIC
8.2.3 HYDRAULIC
8.2.4 PNEUMATIC
8.2.5 OTHERS
TABLE 21 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 22 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 23 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 24 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 DRIVES
8.3.1 AUTOMATION IN MANUFACTURING INDUSTRY TO DRIVE MARKET
TABLE 25 DRIVES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 26 DRIVES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
FIGURE 37 ASIA PACIFIC TO LEAD MARKET FOR DRIVES DURING FORECAST PERIOD
TABLE 27 DRIVES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 DRIVES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4 MOTORS
TABLE 29 MOTORS: MOTION CONTROL MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 30 MOTORS: MOTION CONTROL MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 31 MOTORS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 32 MOTORS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 33 MOTORS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 34 MOTORS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4.1 SERVO MOTORS
8.4.1.1 High torque and acceleration to drive market
TABLE 35 SERVO MOTORS: MOTION CONTROL MARKET, 2020–2023 (THOUSAND UNITS)
TABLE 36 SERVO MOTORS: MOTION CONTROL MARKET, 2024–2029 (THOUSAND UNITS)
8.4.2 STEPPER MOTORS
8.4.2.1 Compact design to drive market
TABLE 37 STEPPER MOTORS: MOTION CONTROL MARKET, 2020–2023 (THOUSAND UNITS)
TABLE 38 STEPPER MOTORS: MOTION CONTROL MARKET, 2024–2029 (THOUSAND UNITS)
8.5 MOTION CONTROLLERS
8.5.1 RAPID REAL-TIME RESPONSE AND MINIMIZED ERRORS TO DRIVE MARKET
TABLE 39 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 40 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
FIGURE 38 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE OF MOTION CONTROLLERS DURING FORECAST PERIOD
TABLE 41 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 42 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.6 SENSORS AND FEEDBACK DEVICES
8.6.1 CONTACTLESS SWITCHING, POSITION DETECTION, AND PRESSURE DETECTION APPLICATIONS TO DRIVE MARKET
TABLE 43 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 44 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 45 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 46 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.7 SOFTWARE AND SERVICES
8.7.1 UTILIZATION IN NETWORKING MANAGEMENT SOFTWARE TO DRIVE MARKET
TABLE 47 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 48 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 49 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
9 MOTION CONTROL MARKET, BY SYSTEM
9.1 INTRODUCTION
FIGURE 39 CLOSED-LOOP SYSTEMS TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 51 MOTION CONTROL MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
TABLE 52 MOTION CONTROL MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
9.2 OPEN-LOOP SYSTEMS
9.2.1 LOW MAINTENANCE COST TO DRIVE MARKET
9.3 CLOSED-LOOP SYSTEMS
9.3.1 CAPABILITIES TO REDUCE SENSITIVITY AND IMPROVE STABILITY OF SYSTEMS TO DRIVE MARKET
10 MOTION CONTROL MARKET, BY INDUSTRY
10.1 INTRODUCTION
FIGURE 40 MOTION CONTROL MARKET, BY INDUSTRY
FIGURE 41 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF MOTION CONTROL MARKET DURING FORECAST PERIOD
TABLE 53 MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 54 MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
10.2 AEROSPACE
10.2.1 NEED FOR PRECISE AIRCRAFT COMPONENT MANUFACTURING TO DRIVE MARKET
TABLE 55 AEROSPACE: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 56 AEROSPACE: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 57 AEROSPACE: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 AEROSPACE: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 AUTOMOTIVE
10.3.1 ADVANCED DRIVER ASSISTANCE SYSTEMS TO DRIVE MARKET
FIGURE 42 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE OF AUTOMOTIVE INDUSTRY DURING FORECAST PERIOD
TABLE 59 AUTOMOTIVE: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 60 AUTOMOTIVE: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 61 AUTOMOTIVE: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 AUTOMOTIVE: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4 SEMICONDUCTOR & ELECTRONICS
10.4.1 INSPECTION, WAFER TEST, AND DICING APPLICATIONS TO DRIVE MARKET
TABLE 63 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 64 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 65 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5 METALS & MACHINERY
10.5.1 NEED FOR EFFICIENT ASSEMBLY LINES AND AUTOMATION IN MANUFACTURING HUBS TO DRIVE MARKET
TABLE 67 METALS & MACHINERY: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 68 METALS & MACHINERY: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 69 METALS & MACHINERY: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 METALS & MACHINERY: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 FOOD & BEVERAGES
10.6.1 FILLING, CAPPING, LABELING, PACKING, AND PALLETIZING ACTIVITIES TO DRIVE MARKET
FIGURE 43 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE OF FOOD & BEVERAGES INDUSTRY DURING FORECAST PERIOD
TABLE 71 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 72 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 73 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 MEDICAL DEVICES
10.7.1 DIAGNOSTIC IMAGING AND SURGICAL ROBOTICS TO DRIVE MARKET
TABLE 75 MEDICAL DEVICES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 76 MEDICAL DEVICES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 77 MEDICAL DEVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 78 MEDICAL DEVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8 PRINTING & PAPER
10.8.1 3D PRINTING TECHNOLOGY TO DRIVE MARKET
TABLE 79 PRINTING & PAPER: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 80 PRINTING & PAPER: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 81 PRINTING & PAPER: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 82 PRINTING & PAPER: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.9 PHARMACEUTICALS & COSMETICS
10.9.1 RETRIEVAL, PLACEMENT, AND FILLING OF CONTAINERS TO DRIVE MARKET
TABLE 83 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 84 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 85 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 86 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.10 OTHER INDUSTRIES
TABLE 87 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 88 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 89 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 90 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
11 MOTION CONTROL MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 44 MOTION CONTROL MARKET IN INDIA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 91 MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 92 MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 45 NORTH AMERICA: MOTION CONTROL MARKET SNAPSHOT
TABLE 93 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 94 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 95 NORTH AMERICA: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 96 NORTH AMERICA: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.2.2 US
11.2.2.1 Smart manufacturing and Industry 4.0 initiatives to drive market
11.2.3 CANADA
11.2.3.1 Integration of robotics with collaborative technologies and other smart safety products and appliances to drive market
11.2.4 MEXICO
11.2.4.1 Association for Advancing Automation to drive market
11.3 EUROPE
11.3.1 EUROPE: RECESSION IMPACT ANALYSIS
FIGURE 46 EUROPE: MOTION CONTROL MARKET SNAPSHOT
TABLE 97 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 98 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 99 EUROPE: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 100 EUROPE: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.3.2 UK
11.3.2.1 Made Smarter initiative and government funding to drive market
11.3.3 FRANCE
11.3.3.1 Industrie du Futur initiative and Industrial Plants of the Future plan to drive market
11.3.4 GERMANY
11.3.4.1 Growing use of industrial robots in assembling, machine tending, painting, and welding to drive market
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
FIGURE 47 ASIA PACIFIC: MOTION CONTROL MARKET SNAPSHOT
TABLE 101 ASIA PACIFIC: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 102 ASIA PACIFIC: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 103 ASIA PACIFIC: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 104 ASIA PACIFIC: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Made in China 2025 initiative to drive market
11.4.3 JAPAN
11.4.3.1 Shift toward EV and adoption of motion control solutions in assembly lines to drive market
11.4.4 INDIA
11.4.4.1 SAMARTH Udyog Bharat 4.0 initiative and improved infrastructure to drive market
11.4.5 SOUTH KOREA
11.4.5.1 Increased adoption of hybrid electric vehicles to drive market
11.4.6 REST OF ASIA PACIFIC
11.5 REST OF THE WORLD
11.5.1 REST OF THE WORLD: RECESSION IMPACT ANALYSIS
TABLE 105 REST OF THE WORLD: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 106 REST OF THE WORLD: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 107 REST OF THE WORLD: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 108 REST OF THE WORLD: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.5.2 SOUTH AMERICA
11.5.2.1 Growing mining sector and rising demand for AI and IIoT-based solutions and software to drive market
11.5.3 GCC
11.5.3.1 Expansion of oil & gas and automotive sectors to drive market
11.5.4 AFRICA & REST OF MIDDLE EAST
11.5.4.1 Assistance from International Monetary Fund to drive market
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
TABLE 109 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
12.3 REVENUE ANALYSIS, 2018–2022
FIGURE 48 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
12.4 MARKET SHARE ANALYSIS, 2023
TABLE 110 MOTION CONTROL MARKET: DEGREE OF COMPETITION
FIGURE 49 MARKET SHARE ANALYSIS, 2023
12.5 COMPANY EVALUATION MATRIX, 2023
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 50 COMPANY EVALUATION MATRIX, 2023
12.5.5 COMPANY FOOTPRINT
TABLE 111 KEY COMPANIES: COMPANY FOOTPRINT
TABLE 112 KEY COMPANIES: OFFERING FOOTPRINT
TABLE 113 KEY COMPANIES: INDUSTRY FOOTPRINT
TABLE 114 KEY COMPANIES: REGION FOOTPRINT
12.6 START-UP/SME EVALUATION MATRIX, 2023
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 51 START-UP/SME EVALUATION MATRIX, 2023
12.6.5 COMPETITIVE BENCHMARKING
TABLE 115 KEY START-UPS/SMES
TABLE 116 START-UPS/SMES: OFFERING FOOTPRINT
TABLE 117 START-UPS/SMES: INDUSTRY FOOTPRINT
TABLE 118 START-UPS/SMES: REGION FOOTPRINT
12.7 COMPETITIVE SCENARIO
TABLE 119 PRODUCT LAUNCHES, 2020–2023
TABLE 120 DEALS, 2020–2023
TABLE 121 OTHERS, 2020–2023
13 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13.1 KEY PLAYERS
13.1.1 ABB
TABLE 122 ABB: COMPANY OVERVIEW
FIGURE 52 ABB: COMPANY SNAPSHOT
TABLE 123 ABB: PRODUCTS OFFERED
TABLE 124 ABB: PRODUCT LAUNCHES
TABLE 125 ABB: OTHERS
13.1.2 FANUC CORPORATION
TABLE 126 FANUC CORPORATION: COMPANY OVERVIEW
FIGURE 53 FANUC CORPORATION: COMPANY SNAPSHOT
TABLE 127 FANUC CORPORATION: PRODUCTS OFFERED
13.1.3 MITSUBISHI ELECTRIC CORPORATION
TABLE 128 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 54 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 129 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 130 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES
TABLE 131 MITSUBISHI ELECTRIC CORPORATION: DEALS
TABLE 132 MITSUBISHI ELECTRIC CORPORATION: OTHERS
13.1.4 SIEMENS
TABLE 133 SIEMENS: COMPANY OVERVIEW
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
TABLE 134 SIEMENS: PRODUCTS OFFERED
TABLE 135 SIEMENS: PRODUCT LAUNCHES
TABLE 136 SIEMENS: DEALS
13.1.5 YASKAWA ELECTRIC CORPORATION
TABLE 137 YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 56 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 138 YASKAWA ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 139 YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES
TABLE 140 YASKAWA ELECTRIC CORPORATION: OTHERS
13.1.6 REGAL REXNORD CORPORATION
TABLE 141 REGAL REXNORD CORPORATION: COMPANY OVERVIEW
FIGURE 57 REGAL REXNORD CORPORATION: COMPANY SNAPSHOT
TABLE 142 REGAL REXNORD CORPORATION: PRODUCTS OFFERED
TABLE 143 REGAL REXNORD: PRODUCT LAUNCHES
TABLE 144 REGAL REXNORD: DEALS
13.1.7 ROBERT BOSCH GMBH
TABLE 145 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 58 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 146 ROBERT BOSCH GMBH: PRODUCTS OFFERED
13.1.8 PARKER HANNIFIN CORP
TABLE 147 PARKER HANNIFIN CORP: COMPANY OVERVIEW
FIGURE 59 PARKER HANNIFIN CORP: COMPANY SNAPSHOT
TABLE 148 PARKER HANNIFIN CORP: PRODUCTS OFFERED
TABLE 149 PARKER HANNIFIN CORP: PRODUCT LAUNCHES
13.1.9 ROCKWELL AUTOMATION
TABLE 150 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 60 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 151 ROCKWELL AUTOMATION: PRODUCTS OFFERED
TABLE 152 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
TABLE 153 ROCKWELL AUTOMATION: DEALS
13.1.10 NOVANTA INC.
TABLE 154 NOVANTA INC.: COMPANY OVERVIEW
FIGURE 61 NOVANTA INC.: COMPANY SNAPSHOT
TABLE 155 NOVANTA INC.: PRODUCTS OFFERED
TABLE 156 NOVANTA INC.: DEALS
13.2 OTHER PLAYERS
13.2.1 DOVER MOTION
13.2.2 OMRON CORPORATION
13.2.3 ALLIED MOTION, INC.
13.2.4 AMETEK, INC.
13.2.5 ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.
13.2.6 POWERTEC
13.2.7 DELTA ELECTRONICS, INC.
13.2.8 BAUMЬLLER
13.2.9 MOONS’
13.2.10 ELMO MOTION CONTROL LTD.
13.2.11 ABSOLUTE MACHINE TOOLS
13.2.12 IQ MOTION CONTROL
13.2.13 APPTRONIK
13.2.14 GALIL
13.2.15 ANALOG DEVICES, INC.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 ADJACENT MARKET
14.1 ENCODER MARKET
14.2 INTRODUCTION
FIGURE 62 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 157 ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 158 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
14.3 INDUSTRIAL
14.3.1 INCREASING USE OF ENCODERS IN ROBOTICS AND FACTORY AUTOMATION TO DRIVE MARKET
TABLE 159 INDUSTRIAL: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 160 INDUSTRIAL: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 161 INDUSTRIAL: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 162 INDUSTRIAL: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.4 HEALTHCARE
14.4.1 ADOPTION OF SURGICAL ROBOTS IN MEDICAL APPLICATIONS TO DRIVE MARKET
TABLE 163 HEALTHCARE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 164 HEALTHCARE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 165 HEALTHCARE: ENCODER MARKET, BY REGION, 2019–2022(USD MILLION)
TABLE 166 HEALTHCARE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.5 CONSUMER ELECTRONICS
14.5.1 PROLIFERATION OF LINEAR MOTOR ENCODERS IN ELECTRICAL APPLIANCES TO DRIVE MARKET
TABLE 167 CONSUMER ELECTRONICS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 168 CONSUMER ELECTRONICS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 169 CONSUMER ELECTRONICS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 170 CONSUMER ELECTRONICS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.6 AUTOMOTIVE
14.6.1 TREND OF AUTOMATION IN AUTOMOBILES TO DRIVE MARKET
TABLE 171 AUTOMOTIVE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 172 AUTOMOTIVE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 173 AUTOMOTIVE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 174 AUTOMOTIVE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.7 POWER
14.7.1 COMPLEXITIES IN SOLAR AND WIND ENERGY APPLICATIONS TO DRIVE MARKET
TABLE 175 POWER: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 176 POWER: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 177 POWER: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 178 POWER: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.8 FOOD & BEVERAGE
14.8.1 INTEGRATION OF IO-LINK TECHNOLOGY INTO ENCODERS TO DRIVE MARKET
TABLE 179 FOOD & BEVERAGE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 180 FOOD & BEVERAGE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 181 FOOD & BEVERAGE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 182 FOOD & BEVERAGE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.9 AEROSPACE
14.9.1 NEED FOR PRECISION CONTROL TECHNOLOGY IN AIRBORNE SYSTEMS TO DRIVE MARKET
TABLE 183 AEROSPACE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 184 AEROSPACE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 185 AEROSPACE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 186 AEROSPACE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.10 PRINTING
14.10.1 HIGH DEMAND FOR ROTARY ENCODERS IN PRINTING APPLICATIONS AND OFFICE EQUIPMENT TO DRIVE MARKET
TABLE 187 PRINTING: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 188 PRINTING: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 189 PRINTING: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 190 PRINTING: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.11 TEXTILE
14.11.1 INTEGRATION OF ENCODERS IN WEAVING & KNITTING PROCESSES TO DRIVE MARKET
TABLE 191 TEXTILE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 192 TEXTILE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 193 TEXTILE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 194 TEXTILE: ENCODER MARKET, BY REGION, 2023–2028(USD MILLION)
14.12 OTHER APPLICATIONS
TABLE 195 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 196 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 197 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 198 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
15 APPENDIX
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MOTION CONTROL MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 MOTION CONTROL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primary interviews
2.1.2.2 Primary interviews with experts
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES IN MOTION CONTROL MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side)
FIGURE 4 MOTION CONTROL MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side)
FIGURE 5 MOTION CONTROL MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON
MOTION CONTROL MARKET
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
3 EXECUTIVE SUMMARY
FIGURE 8 MOTION CONTROL MARKET, 2020?2029 (USD MILLION)
FIGURE 9 MOTORS TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 10 CLOSED-LOOP SYSTEMS TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 11 PHARMACEUTICALS & COSMETICS TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 12 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MOTION CONTROL MARKET
FIGURE 13 GROWING ADOPTION OF AUTOMATION ACROSS VARIOUS MANUFACTURING PROCESSES TO DRIVE MARKET
4.2 MOTION CONTROL MARKET, BY OFFERING
FIGURE 14 DRIVES SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2024 AND 2029
4.3 MOTION CONTROL MARKET, BY SYSTEM
FIGURE 15 CLOSED-LOOP SYSTEMS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.4 MOTION CONTROL MARKET, BY INDUSTRY
FIGURE 16 AUTOMOTIVE SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 MOTION CONTROL MARKET, BY COUNTRY
FIGURE 17 MOTION CONTROL MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 MOTION CONTROL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising need for high-end automation across industries
5.2.1.2 Government initiatives to promote workplace safety
5.2.1.3 Growing use of industrial robots by manufacturers
5.2.1.4 Increasing integration of AI and IoT with motion control systems
FIGURE 19 MOTION CONTROL MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Heavy maintenance and replacement costs associated with motion control systems
5.2.2.2 Susceptibility of motion control systems to cyberattacks
FIGURE 20 MOTION CONTROL MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of Industry 4.0 principles for manufacturing
5.2.3.2 Integration of emerging technologies with motion control systems
5.2.3.3 Implementation of integrated communication systems across various sectors
FIGURE 21 MOTION CONTROL MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Designing flexible, scalable, and low-cost motion control systems
5.2.4.2 Shortage of skilled and experienced workforce
FIGURE 22 MOTION CONTROL MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 23 MOTION CONTROL MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
TABLE 1 AVERAGE SELLING PRICE OF MOTION CONTROL DEVICES, BY TYPE
FIGURE 24 AVERAGE SELLING PRICE TREND OF SERVO MOTORS, 2020?2029 (USD)
5.4.1 AVERAGE SELLING PRICE TREND OF SERVO MOTORS FOR KEY PLAYERS, BY POWER RATING
FIGURE 25 AVERAGE SELLING PRICE OF SERVO MOTORS, BY POWER RATING FOR KEY PLAYERS (USD)
TABLE 2 AVERAGE SELLING PRICE OF SERVO MOTORS, BY POWER RATING FOR KEY PLAYERS (USD)
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 3 AVERAGE SELLING PRICE TREND OF SERVO MOTORS, BY REGION
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 26 MOTION CONTROL MARKET: SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM MAPPING
FIGURE 27 MOTION CONTROL MARKET: ECOSYSTEM MAP
TABLE 4 COMPANIES AND THEIR ROLE IN MOTION CONTROL ECOSYSTEM
5.7 TECHNOLOGY ANALYSIS
5.7.1 ARTIFICIAL INTELLIGENCE
5.7.2 SIMULATION & DIGITAL TWINNING
5.7.3 FRAMELESS MOTORS
5.7.4 PREDICTIVE MAINTENANCE
5.7.5 IIOT SENSORS
5.7.6 MOTION OUT-OF-THE-BOX
5.8 PATENT ANALYSIS
FIGURE 28 MOTION CONTROL MARKET: TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2014–2023
FIGURE 29 MOTION CONTROL MARKET: NUMBER OF GRANTED PATENTS RELATED TO MOTION CONTROL SYSTEMS, 2014–2023
TABLE 5 MOTION CONTROL MARKET: TOP 20 PATENT OWNERS, 2014–2023
TABLE 6 LIST OF PATENTS RELATED TO MOTION CONTROL SYSTEMS
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO
FIGURE 30 MOTION CONTROL MARKET: IMPORT DATA FOR HS CODE 8501, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.9.2 EXPORT SCENARIO
FIGURE 31 MOTION CONTROL MARKET: EXPORT DATA FOR HS CODE 8501, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.10 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 7 MOTION CONTROL MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.11 CASE STUDY ANALYSIS
TABLE 8 NIDEC MOTOR PROVIDES IMPROVED TEMPERATURE CONTROL, WITH SAVINGS OF NEARLY 7,500 KWH
TABLE 9 MITSUBISHI ELECTRIC OFFERS IMPROVED RELIABILITY, EXPANDED CUSTOMER FEATURES, AND OVERWRAPPING ACCURACY WITHOUT LABEL DISTORTION
TABLE 10 MOTION CONTROL MOTORS AND DRIVES DESIGNED WITH CUTTING-EDGE TECHNOLOGY ACCELERATE BOTTLE LABELING
TABLE 11 TROUBLESHOOTING MOTION CONTROL SYSTEMS USING MOOG ANIMATICS SMARTMOTOR DATA
5.12 TARIFF AND REGULATORY LANDSCAPE
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.2 REGULATORY STANDARDS
5.12.3 IEC 61508
5.12.4 IEC 61511
5.12.5 IEC 62061
5.12.6 IEC 62443
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 32 MOTION CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 16 MOTION CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES (%)
5.14.2 BUYING CRITERIA
FIGURE 34 MOTION CONTROL MARKET: KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
TABLE 18 MOTION CONTROL MARKET: KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
6 TRENDS AND EMERGING APPLICATIONS RELATED TO MOTION CONTROL TECHNOLOGY
6.1 INTRODUCTION
6.2 TRENDS RELATED TO MOTION CONTROL TECHNOLOGY
6.2.1 ADVANCED ROBOTICS AND COBOTS
6.2.2 HUMAN-MACHINE INTERFACE (HMI)
6.2.3 AUTONOMOUS VEHICLES AND DRONES
6.2.4 3D PRINTING AND ADDITIVE MANUFACTURING
6.3 EMERGING APPLICATIONS RELATED TO MOTION CONTROL TECHNOLOGY
6.3.1 REHABILITATION ROBOTICS
6.3.2 DIGITAL TWIN TECHNOLOGY
6.3.3 AUTONOMOUS UNDERWATER VEHICLES (AUVS)
6.3.4 ADVANCED PACKAGING AND MATERIAL HANDLING
7 EMERGING IMPLEMENTATION AREAS OF MOTION CONTROL SYSTEMS
7.1 INTRODUCTION
7.2 METAL CUTTING
7.3 METAL FORMING
7.4 MATERIAL HANDLING
7.5 PACKAGING & LABELLING
7.6 ROBOTICS
7.7 OTHER IMPLEMENTATION AREAS
8 MOTION CONTROL MARKET, BY OFFERING
8.1 INTRODUCTION
FIGURE 35 MOTION CONTROL MARKET SEGMENTATION, BY OFFERING
FIGURE 36 MOTORS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 19 MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 20 MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
8.2 ACTUATORS AND MECHANICAL SYSTEMS
8.2.1 INCREASING USE DUE TO GREATER EFFICIENCY TO DRIVE MARKET
8.2.2 ELECTRIC
8.2.3 HYDRAULIC
8.2.4 PNEUMATIC
8.2.5 OTHERS
TABLE 21 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 22 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 23 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 24 ACTUATORS AND MECHANICAL SYSTEMS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 DRIVES
8.3.1 AUTOMATION IN MANUFACTURING INDUSTRY TO DRIVE MARKET
TABLE 25 DRIVES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 26 DRIVES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
FIGURE 37 ASIA PACIFIC TO LEAD MARKET FOR DRIVES DURING FORECAST PERIOD
TABLE 27 DRIVES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 DRIVES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4 MOTORS
TABLE 29 MOTORS: MOTION CONTROL MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 30 MOTORS: MOTION CONTROL MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 31 MOTORS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 32 MOTORS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 33 MOTORS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 34 MOTORS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4.1 SERVO MOTORS
8.4.1.1 High torque and acceleration to drive market
TABLE 35 SERVO MOTORS: MOTION CONTROL MARKET, 2020–2023 (THOUSAND UNITS)
TABLE 36 SERVO MOTORS: MOTION CONTROL MARKET, 2024–2029 (THOUSAND UNITS)
8.4.2 STEPPER MOTORS
8.4.2.1 Compact design to drive market
TABLE 37 STEPPER MOTORS: MOTION CONTROL MARKET, 2020–2023 (THOUSAND UNITS)
TABLE 38 STEPPER MOTORS: MOTION CONTROL MARKET, 2024–2029 (THOUSAND UNITS)
8.5 MOTION CONTROLLERS
8.5.1 RAPID REAL-TIME RESPONSE AND MINIMIZED ERRORS TO DRIVE MARKET
TABLE 39 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 40 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
FIGURE 38 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE OF MOTION CONTROLLERS DURING FORECAST PERIOD
TABLE 41 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 42 MOTION CONTROLLERS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.6 SENSORS AND FEEDBACK DEVICES
8.6.1 CONTACTLESS SWITCHING, POSITION DETECTION, AND PRESSURE DETECTION APPLICATIONS TO DRIVE MARKET
TABLE 43 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 44 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 45 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 46 SENSORS AND FEEDBACK DEVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
8.7 SOFTWARE AND SERVICES
8.7.1 UTILIZATION IN NETWORKING MANAGEMENT SOFTWARE TO DRIVE MARKET
TABLE 47 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 48 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
TABLE 49 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 SOFTWARE AND SERVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
9 MOTION CONTROL MARKET, BY SYSTEM
9.1 INTRODUCTION
FIGURE 39 CLOSED-LOOP SYSTEMS TO HOLD LARGEST MARKET DURING FORECAST PERIOD
TABLE 51 MOTION CONTROL MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
TABLE 52 MOTION CONTROL MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
9.2 OPEN-LOOP SYSTEMS
9.2.1 LOW MAINTENANCE COST TO DRIVE MARKET
9.3 CLOSED-LOOP SYSTEMS
9.3.1 CAPABILITIES TO REDUCE SENSITIVITY AND IMPROVE STABILITY OF SYSTEMS TO DRIVE MARKET
10 MOTION CONTROL MARKET, BY INDUSTRY
10.1 INTRODUCTION
FIGURE 40 MOTION CONTROL MARKET, BY INDUSTRY
FIGURE 41 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF MOTION CONTROL MARKET DURING FORECAST PERIOD
TABLE 53 MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 54 MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
10.2 AEROSPACE
10.2.1 NEED FOR PRECISE AIRCRAFT COMPONENT MANUFACTURING TO DRIVE MARKET
TABLE 55 AEROSPACE: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 56 AEROSPACE: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 57 AEROSPACE: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 AEROSPACE: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 AUTOMOTIVE
10.3.1 ADVANCED DRIVER ASSISTANCE SYSTEMS TO DRIVE MARKET
FIGURE 42 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE OF AUTOMOTIVE INDUSTRY DURING FORECAST PERIOD
TABLE 59 AUTOMOTIVE: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 60 AUTOMOTIVE: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 61 AUTOMOTIVE: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 AUTOMOTIVE: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4 SEMICONDUCTOR & ELECTRONICS
10.4.1 INSPECTION, WAFER TEST, AND DICING APPLICATIONS TO DRIVE MARKET
TABLE 63 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 64 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 65 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 SEMICONDUCTOR & ELECTRONICS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5 METALS & MACHINERY
10.5.1 NEED FOR EFFICIENT ASSEMBLY LINES AND AUTOMATION IN MANUFACTURING HUBS TO DRIVE MARKET
TABLE 67 METALS & MACHINERY: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 68 METALS & MACHINERY: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 69 METALS & MACHINERY: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 METALS & MACHINERY: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 FOOD & BEVERAGES
10.6.1 FILLING, CAPPING, LABELING, PACKING, AND PALLETIZING ACTIVITIES TO DRIVE MARKET
FIGURE 43 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE OF FOOD & BEVERAGES INDUSTRY DURING FORECAST PERIOD
TABLE 71 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 72 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 73 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 FOOD & BEVERAGES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 MEDICAL DEVICES
10.7.1 DIAGNOSTIC IMAGING AND SURGICAL ROBOTICS TO DRIVE MARKET
TABLE 75 MEDICAL DEVICES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 76 MEDICAL DEVICES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 77 MEDICAL DEVICES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 78 MEDICAL DEVICES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8 PRINTING & PAPER
10.8.1 3D PRINTING TECHNOLOGY TO DRIVE MARKET
TABLE 79 PRINTING & PAPER: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 80 PRINTING & PAPER: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 81 PRINTING & PAPER: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 82 PRINTING & PAPER: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.9 PHARMACEUTICALS & COSMETICS
10.9.1 RETRIEVAL, PLACEMENT, AND FILLING OF CONTAINERS TO DRIVE MARKET
TABLE 83 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 84 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 85 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 86 PHARMACEUTICALS & COSMETICS: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
10.10 OTHER INDUSTRIES
TABLE 87 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 88 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 89 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 90 OTHER INDUSTRIES: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
11 MOTION CONTROL MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 44 MOTION CONTROL MARKET IN INDIA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 91 MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 92 MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 45 NORTH AMERICA: MOTION CONTROL MARKET SNAPSHOT
TABLE 93 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 94 NORTH AMERICA: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 95 NORTH AMERICA: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 96 NORTH AMERICA: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.2.2 US
11.2.2.1 Smart manufacturing and Industry 4.0 initiatives to drive market
11.2.3 CANADA
11.2.3.1 Integration of robotics with collaborative technologies and other smart safety products and appliances to drive market
11.2.4 MEXICO
11.2.4.1 Association for Advancing Automation to drive market
11.3 EUROPE
11.3.1 EUROPE: RECESSION IMPACT ANALYSIS
FIGURE 46 EUROPE: MOTION CONTROL MARKET SNAPSHOT
TABLE 97 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 98 EUROPE: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 99 EUROPE: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 100 EUROPE: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.3.2 UK
11.3.2.1 Made Smarter initiative and government funding to drive market
11.3.3 FRANCE
11.3.3.1 Industrie du Futur initiative and Industrial Plants of the Future plan to drive market
11.3.4 GERMANY
11.3.4.1 Growing use of industrial robots in assembling, machine tending, painting, and welding to drive market
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
FIGURE 47 ASIA PACIFIC: MOTION CONTROL MARKET SNAPSHOT
TABLE 101 ASIA PACIFIC: MOTION CONTROL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 102 ASIA PACIFIC: MOTION CONTROL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 103 ASIA PACIFIC: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 104 ASIA PACIFIC: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Made in China 2025 initiative to drive market
11.4.3 JAPAN
11.4.3.1 Shift toward EV and adoption of motion control solutions in assembly lines to drive market
11.4.4 INDIA
11.4.4.1 SAMARTH Udyog Bharat 4.0 initiative and improved infrastructure to drive market
11.4.5 SOUTH KOREA
11.4.5.1 Increased adoption of hybrid electric vehicles to drive market
11.4.6 REST OF ASIA PACIFIC
11.5 REST OF THE WORLD
11.5.1 REST OF THE WORLD: RECESSION IMPACT ANALYSIS
TABLE 105 REST OF THE WORLD: MOTION CONTROL MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 106 REST OF THE WORLD: MOTION CONTROL MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 107 REST OF THE WORLD: MOTION CONTROL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 108 REST OF THE WORLD: MOTION CONTROL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.5.2 SOUTH AMERICA
11.5.2.1 Growing mining sector and rising demand for AI and IIoT-based solutions and software to drive market
11.5.3 GCC
11.5.3.1 Expansion of oil & gas and automotive sectors to drive market
11.5.4 AFRICA & REST OF MIDDLE EAST
11.5.4.1 Assistance from International Monetary Fund to drive market
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
TABLE 109 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
12.3 REVENUE ANALYSIS, 2018–2022
FIGURE 48 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022
12.4 MARKET SHARE ANALYSIS, 2023
TABLE 110 MOTION CONTROL MARKET: DEGREE OF COMPETITION
FIGURE 49 MARKET SHARE ANALYSIS, 2023
12.5 COMPANY EVALUATION MATRIX, 2023
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 50 COMPANY EVALUATION MATRIX, 2023
12.5.5 COMPANY FOOTPRINT
TABLE 111 KEY COMPANIES: COMPANY FOOTPRINT
TABLE 112 KEY COMPANIES: OFFERING FOOTPRINT
TABLE 113 KEY COMPANIES: INDUSTRY FOOTPRINT
TABLE 114 KEY COMPANIES: REGION FOOTPRINT
12.6 START-UP/SME EVALUATION MATRIX, 2023
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 51 START-UP/SME EVALUATION MATRIX, 2023
12.6.5 COMPETITIVE BENCHMARKING
TABLE 115 KEY START-UPS/SMES
TABLE 116 START-UPS/SMES: OFFERING FOOTPRINT
TABLE 117 START-UPS/SMES: INDUSTRY FOOTPRINT
TABLE 118 START-UPS/SMES: REGION FOOTPRINT
12.7 COMPETITIVE SCENARIO
TABLE 119 PRODUCT LAUNCHES, 2020–2023
TABLE 120 DEALS, 2020–2023
TABLE 121 OTHERS, 2020–2023
13 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13.1 KEY PLAYERS
13.1.1 ABB
TABLE 122 ABB: COMPANY OVERVIEW
FIGURE 52 ABB: COMPANY SNAPSHOT
TABLE 123 ABB: PRODUCTS OFFERED
TABLE 124 ABB: PRODUCT LAUNCHES
TABLE 125 ABB: OTHERS
13.1.2 FANUC CORPORATION
TABLE 126 FANUC CORPORATION: COMPANY OVERVIEW
FIGURE 53 FANUC CORPORATION: COMPANY SNAPSHOT
TABLE 127 FANUC CORPORATION: PRODUCTS OFFERED
13.1.3 MITSUBISHI ELECTRIC CORPORATION
TABLE 128 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 54 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 129 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 130 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES
TABLE 131 MITSUBISHI ELECTRIC CORPORATION: DEALS
TABLE 132 MITSUBISHI ELECTRIC CORPORATION: OTHERS
13.1.4 SIEMENS
TABLE 133 SIEMENS: COMPANY OVERVIEW
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
TABLE 134 SIEMENS: PRODUCTS OFFERED
TABLE 135 SIEMENS: PRODUCT LAUNCHES
TABLE 136 SIEMENS: DEALS
13.1.5 YASKAWA ELECTRIC CORPORATION
TABLE 137 YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 56 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 138 YASKAWA ELECTRIC CORPORATION: PRODUCTS OFFERED
TABLE 139 YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES
TABLE 140 YASKAWA ELECTRIC CORPORATION: OTHERS
13.1.6 REGAL REXNORD CORPORATION
TABLE 141 REGAL REXNORD CORPORATION: COMPANY OVERVIEW
FIGURE 57 REGAL REXNORD CORPORATION: COMPANY SNAPSHOT
TABLE 142 REGAL REXNORD CORPORATION: PRODUCTS OFFERED
TABLE 143 REGAL REXNORD: PRODUCT LAUNCHES
TABLE 144 REGAL REXNORD: DEALS
13.1.7 ROBERT BOSCH GMBH
TABLE 145 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 58 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 146 ROBERT BOSCH GMBH: PRODUCTS OFFERED
13.1.8 PARKER HANNIFIN CORP
TABLE 147 PARKER HANNIFIN CORP: COMPANY OVERVIEW
FIGURE 59 PARKER HANNIFIN CORP: COMPANY SNAPSHOT
TABLE 148 PARKER HANNIFIN CORP: PRODUCTS OFFERED
TABLE 149 PARKER HANNIFIN CORP: PRODUCT LAUNCHES
13.1.9 ROCKWELL AUTOMATION
TABLE 150 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 60 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 151 ROCKWELL AUTOMATION: PRODUCTS OFFERED
TABLE 152 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
TABLE 153 ROCKWELL AUTOMATION: DEALS
13.1.10 NOVANTA INC.
TABLE 154 NOVANTA INC.: COMPANY OVERVIEW
FIGURE 61 NOVANTA INC.: COMPANY SNAPSHOT
TABLE 155 NOVANTA INC.: PRODUCTS OFFERED
TABLE 156 NOVANTA INC.: DEALS
13.2 OTHER PLAYERS
13.2.1 DOVER MOTION
13.2.2 OMRON CORPORATION
13.2.3 ALLIED MOTION, INC.
13.2.4 AMETEK, INC.
13.2.5 ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.
13.2.6 POWERTEC
13.2.7 DELTA ELECTRONICS, INC.
13.2.8 BAUMЬLLER
13.2.9 MOONS’
13.2.10 ELMO MOTION CONTROL LTD.
13.2.11 ABSOLUTE MACHINE TOOLS
13.2.12 IQ MOTION CONTROL
13.2.13 APPTRONIK
13.2.14 GALIL
13.2.15 ANALOG DEVICES, INC.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 ADJACENT MARKET
14.1 ENCODER MARKET
14.2 INTRODUCTION
FIGURE 62 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 157 ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 158 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
14.3 INDUSTRIAL
14.3.1 INCREASING USE OF ENCODERS IN ROBOTICS AND FACTORY AUTOMATION TO DRIVE MARKET
TABLE 159 INDUSTRIAL: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 160 INDUSTRIAL: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 161 INDUSTRIAL: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 162 INDUSTRIAL: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.4 HEALTHCARE
14.4.1 ADOPTION OF SURGICAL ROBOTS IN MEDICAL APPLICATIONS TO DRIVE MARKET
TABLE 163 HEALTHCARE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 164 HEALTHCARE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 165 HEALTHCARE: ENCODER MARKET, BY REGION, 2019–2022(USD MILLION)
TABLE 166 HEALTHCARE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.5 CONSUMER ELECTRONICS
14.5.1 PROLIFERATION OF LINEAR MOTOR ENCODERS IN ELECTRICAL APPLIANCES TO DRIVE MARKET
TABLE 167 CONSUMER ELECTRONICS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 168 CONSUMER ELECTRONICS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 169 CONSUMER ELECTRONICS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 170 CONSUMER ELECTRONICS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.6 AUTOMOTIVE
14.6.1 TREND OF AUTOMATION IN AUTOMOBILES TO DRIVE MARKET
TABLE 171 AUTOMOTIVE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 172 AUTOMOTIVE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 173 AUTOMOTIVE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 174 AUTOMOTIVE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.7 POWER
14.7.1 COMPLEXITIES IN SOLAR AND WIND ENERGY APPLICATIONS TO DRIVE MARKET
TABLE 175 POWER: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 176 POWER: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 177 POWER: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 178 POWER: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.8 FOOD & BEVERAGE
14.8.1 INTEGRATION OF IO-LINK TECHNOLOGY INTO ENCODERS TO DRIVE MARKET
TABLE 179 FOOD & BEVERAGE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 180 FOOD & BEVERAGE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 181 FOOD & BEVERAGE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 182 FOOD & BEVERAGE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.9 AEROSPACE
14.9.1 NEED FOR PRECISION CONTROL TECHNOLOGY IN AIRBORNE SYSTEMS TO DRIVE MARKET
TABLE 183 AEROSPACE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 184 AEROSPACE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 185 AEROSPACE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 186 AEROSPACE: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.10 PRINTING
14.10.1 HIGH DEMAND FOR ROTARY ENCODERS IN PRINTING APPLICATIONS AND OFFICE EQUIPMENT TO DRIVE MARKET
TABLE 187 PRINTING: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 188 PRINTING: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 189 PRINTING: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 190 PRINTING: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
14.11 TEXTILE
14.11.1 INTEGRATION OF ENCODERS IN WEAVING & KNITTING PROCESSES TO DRIVE MARKET
TABLE 191 TEXTILE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 192 TEXTILE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 193 TEXTILE: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 194 TEXTILE: ENCODER MARKET, BY REGION, 2023–2028(USD MILLION)
14.12 OTHER APPLICATIONS
TABLE 195 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 196 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 197 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 198 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
15 APPENDIX
15.1 INSIGHTS FROM INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
