Material Handling Motion Control System Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026
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Introduction
Material handling motion control system is manufacturing technology that manages moving parts of equipment in a skillful manner to reduce manpower, minimize industrial hazards, and to maintain safety at workplace. Material handling control system cater to industries such oil & gas, food & beverages, aerospace & defense, automotive, semiconductor & electronics, metal & machinery manufacturing, and others.
Market Dynamics
The market growth for material handling motion control system is supported by the acceptance of advanced and automated procedures for industrial automation. Moreover, the focus on safety-enabled efficiency in factories supports the growth of material handling motion control system market. In addition, the upsurge in usage of industrial robots in industrial procedures and ease in usage of mechanisms within motion control systems boosts the market for material handling motion control systems. However, high upkeep and replacement cost is the major restraining factor for material handling motion control system market. Nevertheless, the incorporation of HMI and PLC in motion control systems offers opportunities for further development in the market.
Market Classification
The global material handling motion control system market is bifurcated based on product type, application, industry, and geography. Based on product type, the market is classified as actuators & mechanical systems, electric drives, motors, sensors and feedback devices, ac drives, ac motors, motion controllers, and others. Assembly/disassembly, inspection/measuring, metal fabrication, positioning, converting, material handling, packaging, slicing, shearing, and cutting, and others are the various applications of material handling motion control system. Based on industry, the market can be bifurcated as aerospace & defense, automotive, semiconductor & electronics, metal & machinery manufacturing, food & beverages, medical, printing & paper, furniture & wood, plastic & rubber, energy, textile, oil & gas, and others.
Regional Overview
The market for material handling motion control system is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). Asia-Pacific was the major contributors to the growth of material handling motion control system market in 2015. This trend is because of the upsurge in demand for high-level programmed equipment for industrial sector and growing demand for advanced medical apparatus, automatic textile machinery, and high-precision printing equipment from China, India, and Japan.
Report Coverage
Market |
Material Handling Motion Control System Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Product Type, Application, Industry, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Siemens AG, ABB Ltd., Rockwell Automation, Inc., Eaton Corporation PLC, Moog Inc., Bosch Rexroth AG, Kollmorgen, Parker-Hannifin Corp, Schneider Electric SE, Altra Industrial Motion Corp., Mitsubishi Electric Corporation, Yaskawa Electric Corporation, and Dover Motion are the key players in material handling motion control system market. These players involved have adopted strategies such as expansion and mergers and acquisitions with local as well as established players.
Market Segmentation
Market By Product Type
· Actuators & Mechanical Systems
· Electric Drives
· Motors
· Sensors and Feedback Devices
· AC Drives
· AC Motors
· Motion Controllers
· Others
Market By Application
· Assembly/Disassembly
· Inspection/Measuring
· Metal Fabrication
· Personal Care
· Positioning
· Converting
· Material Handling
· Packaging
· Slicing, Shearing, and Cutting
Market By Industry
· Aerospace & Defense
· Automotive
· Semiconductor & Electronics
· Metal & Machinery Manufacturing
· Food & Beverages
· Medical
· Printing & Paper
· Furniture & Wood
· Plastic & Rubber
· Energy
· Textile
· Oil & Gas
· Others
Market By Geography
· North America
o US
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA