Motion Control Market

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2022
Motion Control Components and Applications
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The motion control market generated a revenue of
14,887.5 million in 2021, and it is expected to
contribute 23,286.4 million in 2030, progressing
at a rate of 5.1 from 2021 to 2030, ascribed to
the rising demand for industrial robots and
integration of components with the motion control
systems for convenient use. Moreover, the
evolving motion control standards and protocols
propel the market, for example, the OPC UA TSN
protocol controls the entire system, while MQTT
is a lightweight protocol relevant to the
communication between two applications. MQTT is
integrated into a single product and allows a
drive or sensor to extract data from a device and
send it to the cloud. Request for sample pages
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arket-analysis/motion-control-market/report-sample
Additionally, the advent of digitization in the
manufacturing sector, fuelled by the industry 4.0
revolution expands the motion control market. The
key contributor to the success of the industry
4.0 initiatives is mechatronics motion control.
For example, smart servo technology facilitates
inexpensive, high-efficiency, eco-friendly, safe,
and compact machinery.
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The motor is the crucial component in the motion
control systems, and it captures 40 of the
market share, due to an increase in the
preference of manufacturers toward more
energy-efficient motors to further reduce the
operational cost and environmental footprint.
Moreover, drives are predicted to experience
exponential growth in the near future, at approx.
rate of 5, which regulated the speed of the
electric motors. Closed-loop systems dominate
the market, attributed to their wide usage across
industries, owing to numerous functional benefits
of closed-loop systems than open-loop systems
that involve no human intervention, due to
complete automation. The automotive industry
contributes significant revenue to the motion
control market, amounting to 20, and it is
expected to retain its position in the near
future, due to massive autonomous driving
technologies adoption. Companies are focusing on
launching automated driving or self-driving
facilitating motion control solutions.
ForGeneral variants hold an extensive
proportion of the motion control market, and they
are projected to experience substantial growth in
the near future. The surge in the GMC category is
led by the wide GMC servo motors and servo drives
application across industries, primarily
electronics, semiconductors, and food and
beverages. For instance, Nexteer Automotive
partnering with Continental Automotive launched a
joint venture, CNXMotion, integrated with the
Brake-to-Steer technology and steer-by-wire
system variants across various SAE levels of
driving automation. Browse full report at
https//www.psmarketresearch.com/market-analysis/m
otion-control-market The next significant end
user of the motion control market is the
semiconductor electronics industry, and it is
expected to witness a rise in the demand for the
solution at the highest growth rate, due to the
increase in adoption of the drives, high-tech
motors, and motion controllers. The demand is
also rising due to the complexities of the
electronics and semiconductor manufacturing
process, resulting in the increasing acceptance
of miniature devices and microelectronics
development.
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APAC captures the largest share of the motion
control market, accounting for 50, and it is
predicted to retain its position in the near
future, due to the rising machine tools
production and use of customized robots for
varying applications. Moreover, the expansion of
the manufacturing plants and quality machine
development process is predicted to cause market
propulsion. Therefore, the new product launches
in the automotive industry to support
self-driving
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