LONDON–(BUSINESS WIRE)–The motion control market is expected to grow by USD 2.02 billion, progressing at a CAGR of over 3% during the forecast period.
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The increasing number of fulfillment centers is one of the major factors propelling market growth. However, factors such as inherent challenges related to the use of automated systems will hamper the market growth.
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Motion Control Market: Geographic Landscape
APAC will offer several growth opportunities to market vendors during the forecast period. 51% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for motion control in APAC.
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Companies Covered:
- ABB Ltd.
- ACS Motion Control Ltd.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Parker Hannifin Corp.
- Robert Bosch GmbH
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Yaskawa Electric Corp.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five force summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Electronic devices – Market size and forecast 2019-2024
- Actuators – Market size and forecast 2019-2024
- AC drives – Market size and forecast 2019-2024
- Motion controllers – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application
- Metal and machinery manufacturing – Market size and forecast 2019-2024
- Packaging and labeling – Market size and forecast 2019-2024
- Robotics – Market size and forecast 2019-2024
- Semiconductor and electronics – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- ACS Motion Control Ltd.
- Mitsubishi Electric Corp.
- OMRON Corp.
- Parker Hannifin Corp.
- Robert Bosch GmbH
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Yaskawa Electric Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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