Motion Control Components Market Growth Opportunities and Forecast till 2030
The Global Motion Control Components Market Size valued for USD 12.8 Billion in 2021 and is anticipated to reach USD 20.5 Billion by 2030 with a CAGR of 5.4% from 2022 to 2030.
Using rotary and linear actuators, motion control is the process of moving machinery. A motion control device, such as a linear actuator, electric motor, hydraulic pump, or servo motor, is used to regulate the position or velocity of machines in the automation subfield of motion control. Every technology relating to the movement of things falls under motion control. The motion control industry is enormous, with estimates ranging from $9 billion to $12 billion depending on the goods and industries involved. Because there are so many market participants and factors at play in very large sectors, everything from product planning to market analysis is significantly more uncertain and difficult. Making the market into smaller segments based on comparable product groupings or industry categories is one strategy to deal with this complexity. Consider the market for passenger cars as an illustration. Cars, trucks, and sport-utility vehicles are the three main market segments that are recognized by the majority of passenger vehicle producers and industry experts (and most break the market into even smaller segments).
Parameter |
Motion Control Components Market |
Motion Control Components Market Size in 2021 |
US$ 12.8 Billion |
Motion Control Components Market Forecast By 2030 |
US$ 20.5 Billion |
Motion Control Components Market CAGR During 2022 – 2030 |
5.4% |
Motion Control Components Market Analysis Period |
2018 - 2030 |
Motion Control Components Market Base Year |
2021 |
Motion Control Components Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Product, By Application, By End-User, and By Region |
Motion Control Components Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Honeywell International, Siemens AG, ABB Group, Bosch Rexroth USA, Moog Inc., Neles Corporation, KSB SE & Co. KGaA, WEG Industries, SMC Corporation, Emerson Electric Co., Power Jacks Limited., ATOS S.p.A., Tolomatic, Inc., Tasowheel Group Oy, and HAWE Hydraulik SE, among Core Cutters. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Motion Control Components Market Dynamics
Motion devices are mechanical positioning tools like linear actuators, rotational stages, and stages of linear translation. Even while a stage's or actuator's parameters are key selection factors, they might not be comprehensive or immediately applicable for all applications. It is crucial to have a thorough understanding of the innate capacities of the parts that make up a stage for this reason. The most popular parts used in high precision positioning equipment are briefly discussed in this section along with their benefits and drawbacks. The materials required to make the body, the mechanism that permits translation or rotation, and the drive mechanism are the three primary parts of a motion device.
Increased factory automation, rising demand for industrial robots in production processes, and the simplicity of use and component integration within motion control systems are some of the reasons propelling the growth of the motion control market. High replacement and maintenance costs, however, are anticipated to impede market expansion. The Industrial Revolution 4.0 also offers profitable potential for the expansion of the motion control business.
Motion Control Components Market Insights
Market for motion control components is divided into product, application, and end-user. The market is divided into two categories based on product: hydraulic products and electro-mechanical products. Calendar rolls, rewinders & slitters, reel systems, tension controllers, headbox, and core cutters are the market's main application-based divisions. The corrugated manufacturing industries, paper and corrugated converting and packaging industries, and pulp and paper mills are the three segments of the market by end-user.
In the global market for motion control components, electro-mechanical motion control components have had considerable sales growth by product. Rewinders & slitters, by application, are expected to dominate the motion control component market globally during the forecast period. It is expected that this market will make up 1/3 of the total global market for motion control components.
Global Motion Control Components Market Geographical Competition
The largest motion control market in the world, accounting for more than half of worldwide market revenue in 2021, is expected to continue to develop at the quickest rate over the next few years. This is linked to the increase in machine tool production and the employment of specialized robots for a variety of tasks in the production of autos and smartphones. During the anticipated period, it is also anticipated that the expansion of production facilities and the streamlining of the machine development process will accelerate market growth.
The U.S. holds the majority of the market share in North America, which is the third-largest regional market. The main driver of the expansion is the rising demand for industrial robots and other automation systems. Additionally, the industry is being driven by the huge number of motion control system producers in the US.
Global Motion Control Components Industry Segment Analysis
Motion Control Components Market By Product
· Hydraulic Products
· Electro-Mechanical Products
Motion Control Components Market By Application
· Calendar Rolls
· Rewinders & Slitter
· Tension Controllers
· Core Cutters
Motion Control Components Market By End-User
· Corrugated Manufacturing Industries
· Paper & Corrugated Converting
· Packaging Industries
· Pulp & Paper Mills
Motion Control Components Market Leading Companies
This section of the study honors the market's top vendors ABB Group, ATOS S.p.A., Bosch Rexroth USA, Emerson Electric Co., Honeywell International, KSB SE & Co. KGaA, Siemens AG, Moog Inc., HAWE Hydraulik SE Neles Corporation, WEG Industries, SMC Corporation, Tasowheel Group Oy, Power Jacks Limited., and Tolomatic, Inc. among others.
Motion Control Components Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa