Published Date: 3-Feb-2021
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According to a new report Europe Motion Control Market, published by KBV research, the Europe Motion Control Market would witness market growth of 4% CAGR during the forecast period (2020-2026).
The Germany market dominated the Europe Motion Control Motion Controllers Market by Country 2019, growing at a CAGR of 3.8 % during the forecast period. The UK market is showcasing a CAGR of 4.1% during (2020 - 2026). Additionally, The France market is poised to grow at a CAGR of 5.6% during (2020 - 2026).
The Automotive market dominated the Russia Motion Control Market by End User 2019, growing at a CAGR of 1.8 % during the forecast period. The Food & Beverage market is experiencing a CAGR of 4.9% during (2020 - 2026). The Semiconductor & Electronics market is estimated to grow at a CAGR of 2.8% during (2020 - 2026). Additionally, The Medical, Pharmaceuticals & Cosmetics market would exhibit a CAGR of 5.1% during (2020 - 2026).
The Closed Loop market dominated the Italy Motion Control Market by System 2019, thereby, achieving a market value of $139.7 million by 2026. The Open Loop market is expected to witness a CAGR of 8.4% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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