The Motion Control Global Market Report 2023, provides comprehensive information on the motion control market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/motion-control-global-market-report
As per The Business Research Company’s Motion Control Global Market Report 2023, the global motion control market size is expected to grow from $15.16 billion in 2022 to $16.00 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the motion control market is expected to grow to $19.53 billion in 2027 at a CAGR of 5.1%.
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The motion control market is segmented:
1) By Type: Computerized Numeric Control, General Motion Control, Servo Drives, Position Control Hardware
2) By Component: Actuators and Mechanical Systems, Motion Controllers, Electric Drives, AC Motors, Sensors, and Feedback Devices
3) By Application: Metal Cutting, Metal Forming, Material Handling Equipment, Robotics, Semiconductor Machinery, Rubber and Plastics, Machinery, Other Applications
4) By Industry: Aerospace and Defense, Automotive, Semiconductor and Electronics, Metals and Machinery Manufacturing, Food and Beverages, Medical, Printing and Paper, Pharmaceuticals and Cosmetics, Other Industry
Asia-Pacific was the largest region in the motion control market in 2022.
Top 5 Major Key Players Are:
ABB Ltd
Fanuc Corporation
Mitsubishi Electric Corporation
Siemens AG
Yaskawa Electric Corporation
Table Of Contents
1. Executive Summary
2. Motion Control Market Characteristics
3. Motion Control Market Trends And Strategies
4. Motion Control Market – Macro Economic Scenario
5. Motion Control Market Size And Growth
…….
26. Africa Motion Control Market
27. Motion Control Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Motion Control Market
29. Motion Control Market Future Outlook and Potential Analysis
30. Appendix
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