Europe Motion Control Market By System (Closed Loop and Open Loop), By Component (Motors, Actuators & Mechanical systems, Motion Controllers, Sensor & Feedback Devices, Drives and Others), By End User (Automotive, Food & Beverage, Semiconductor & Electronics, Medical, Pharmaceuticals & Cosmetics, Metal & Machinery Manufacturing, Aerospace & Defense and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Europe Motion Control Market would witness market growth of 4% CAGR during the forecast period (2020-2026). Motion controllers are the pieces of electronics integrated into electrical supplies that run the software and command movements of automated pieces in any machinery. The motion controller is specially designed to regulate and command the specific actuator type on the axes. Means controllers are equipped with intelligence so as to command either electric actuators (based on electric motors) or pneumatic or hydraulic actuators.
For industrial robots, motion control is considered as a crucial fundamental technological foundation. It is important to get an accurate measurement of the object's position in order to control a machine process. For this, feedback comparison of the actual position and the target is the very first step for implementing a motion control system. The feedback comparison produces an error signal that can be used for correction of the system therefore provides precise and repeatable results.
The industrial robots are an essential part of manufacturing processes as they are capable of providing vision recognition, failure prediction with the help of AI, and skill learning. It is a new concept of man-machine-collaboration and easy programming. Therefore, the increasing demand for industrial robots in the manufacturing sector is expected to drive the demand for the motion control market. Additionally, growing automation ensures increasing rate of investment return by increasing productivity and hence, drives the market for motion control. Though, lack of a skilled and trained workforce can act as a limiting factor for the overall 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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:
- Closed Loop
- Open Loop
- Actuators & Mechanical systems
- Motion Controllers
- Sensor & Feedback Devices
By End User
- Food & Beverage
- Semiconductor & Electronics
- Medical, Pharmaceuticals & Cosmetics
- Metal & Machinery Manufacturing
- Aerospace & Defense
- Rest of Europe
- 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
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