The Latin America, Middle East and Africa Motion Control Market is expected to witness market growth of 5.2% CAGR during the forecast period (2020-2026).
In the automotive industry, high-end motion controllers are used to control the movements of mechanical parts in the manufacturing process. Safety motion control systems are widely used in the manufacturing of major components including driver and engines assistance systems. Most of the automotive suppliers rely on motion control systems for optimizing their production chains through robotic arms and actuators. Moreover, assembling and maintenance processes during manufacturing are also showing increased adoption of safety motion control systems.
The growth of the Motion control market (MCM) has augmented, owing to the use of machine tools, high-level automatic equipment, sensors, high-level medical equipment, and many others. The motion control system is a fundamental part of automated equipment. The quality products and high flexibility can be accomplished by combining automation and motion control products. The key trend that is observed in motion control technology is developing in the direction of smart technology, customization, and networking. MCM has resulted in increased manufacturing production, increased consistency, speed accuracy, integration automation, improved efficiency, elimination of hazards, and troubleshooting.
Major factors that are driving the growth of the motion control market are the increasing adoption of advanced and automated processes in manufacturing industries, the growing demand for industrial robots in manufacturing processes, and the easy integration of components in motion control systems. Though, the higher cost of replacement and maintenance is expected to hinder the market growth. Moreover, the Industrial Revolution 4.0 offers growth opportunities for the motion control market.
Based on System, the market is segmented into Closed Loop and Open Loop. Based on Component, the market is segmented into Motors, Actuators & Mechanical systems, Motion Controllers, Sensor & Feedback Devices, Drives and Others. Based on End User, the market is segmented into Automotive, Food & Beverage, Semiconductor & Electronics, Medical, Pharmaceuticals & Cosmetics, Metal & Machinery Manufacturing, Aerospace & Defense and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Robert Bosch GmbH, Mitsubishi Electric Corporation, Parker-Hannifin Corporation, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Omron Corporation, FANUC Corporation and Yaskawa Electric Corporation.
Scope of the Study
Market Segments covered in the Report:
By System
By Component
By End User
By Country
Companies Profiled
Unique Offerings from the Publisher
In the automotive industry, high-end motion controllers are used to control the movements of mechanical parts in the manufacturing process. Safety motion control systems are widely used in the manufacturing of major components including driver and engines assistance systems. Most of the automotive suppliers rely on motion control systems for optimizing their production chains through robotic arms and actuators. Moreover, assembling and maintenance processes during manufacturing are also showing increased adoption of safety motion control systems.
The growth of the Motion control market (MCM) has augmented, owing to the use of machine tools, high-level automatic equipment, sensors, high-level medical equipment, and many others. The motion control system is a fundamental part of automated equipment. The quality products and high flexibility can be accomplished by combining automation and motion control products. The key trend that is observed in motion control technology is developing in the direction of smart technology, customization, and networking. MCM has resulted in increased manufacturing production, increased consistency, speed accuracy, integration automation, improved efficiency, elimination of hazards, and troubleshooting.
Major factors that are driving the growth of the motion control market are the increasing adoption of advanced and automated processes in manufacturing industries, the growing demand for industrial robots in manufacturing processes, and the easy integration of components in motion control systems. Though, the higher cost of replacement and maintenance is expected to hinder the market growth. Moreover, the Industrial Revolution 4.0 offers growth opportunities for the motion control market.
Based on System, the market is segmented into Closed Loop and Open Loop. Based on Component, the market is segmented into Motors, Actuators & Mechanical systems, Motion Controllers, Sensor & Feedback Devices, Drives and Others. Based on End User, the market is segmented into Automotive, Food & Beverage, Semiconductor & Electronics, Medical, Pharmaceuticals & Cosmetics, Metal & Machinery Manufacturing, Aerospace & Defense and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Robert Bosch GmbH, Mitsubishi Electric Corporation, Parker-Hannifin Corporation, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Omron Corporation, FANUC Corporation and Yaskawa Electric Corporation.
Scope of the Study
Market Segments covered in the Report:
By System
- Closed Loop
- Open Loop
By Component
- Motors
- Actuators & Mechanical systems
- Motion Controllers
- Sensor & Feedback Devices
- Drives
- Others
By End User
- Automotive
- Food & Beverage
- Semiconductor & Electronics
- Medical, Pharmaceuticals & Cosmetics
- Metal & Machinery Manufacturing
- Aerospace & Defense
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- ABB Group
- Robert Bosch GmbH
- Mitsubishi Electric Corporation
- Parker-Hannifin Corporation
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Omron Corporation
- FANUC Corporation
- Yaskawa Electric Corporation
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Motion Control Market by System
Chapter 5. LAMEA Motion Control Market by Component
Chapter 6. LAMEA Motion Control Market by End User
Chapter 7. LAMEA Motion Control Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- ABB Group
- Robert Bosch GmbH
- Mitsubishi Electric Corporation
- Parker-Hannifin Corporation
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Omron Corporation
- FANUC Corporation
- Yaskawa Electric Corporation
Methodology
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