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Technavio's market study identifies the high demand for process automation in the manufacturing industry to be one of the primary growth factors for the motion control software market. The manufacturing industry is growing rapidly and there is an increased need to simplify the manufacturing processes. The installation of advanced automation systems such as motion control system helps in reducing defects, increasing process visualization, and improving process efficiency. Process automation aids in resolving the complex task of analyzing real-time data and in reducing human intervention and the time taken for operational processes. Our industry research analysts estimate that this market will grow steadily at a CAGR of almost 3% by 2021.
The integration of wireless technology and wireless devices have benefitted the motion control software market as data can be retrieved from all the devices in the loop and can be stored in cloud storage. Increased connectivity between hardware and software improves the efficiency of the industrial processes and improves the strategic decision-making ability of the users. Vendors are developing wireless embedded chips that can be installed in motors and are compatible with motion control software. Cloud technology helps in data sharing as the data can be recovered and accessed securely. This will increase the need for cloud-based and wireless technology which will be one of the key trends contributing towards the growth of the motion control software market.
The motion control software market is highly fragmented due to the presence of several established vendors that are providing customized software as per the individual and industrial need. Industrial automation motion control software market vendors are engaging in strategic alliances and are integrating with the software developers to expand and consolidate their market share. Technological innovations in the software and the improvement of software quality will increase the level of competition among the vendors.
The leading vendors in the market are -
The other prominent vendors in the market are SIGMATEK, LINAK, 3S-Smart Software Solutions GmbH & CODESYS, Mitsubishi Electric, Galil, Trio Motion Technology, and Siemens.
The motion control software is primarily used in robotics as the software eases the motion control process, provides assistance to robots by offering real-time instruction, and increases the accuracy of angular movements of robots. Additionally, the software also provides precise algorithms and inputs that increases the speed and efficiency of the robots.
Increased applications of motion control such as material handling, rubber and plastic machinery, and robotics and the increase in demand for advanced motion control systems to improve the process and increase the overall efficiency of the production process, will contribute to the growth of Industrial automation motion control software market in APAC. China, Japan, Australia, and South Korea will be the major contributors to the motion control software market in this region due to the growth of the automation and semiconductor industries.
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Motion control software includes software used in motion control application in the industrial automation industry. This software package allows the user to set up, display, troubleshoot, configure, and control all features of the software. Technavio offers a wide collection of market research reports on the automation sector by gathering data and insights on the future trends and growth potential. Technavio ensures all of its report follows a thorough data collection process, data validation, and maintains accuracy and relevancy of information.
To offer clients insights they are looking for, industry experts at Technavio follow extensive primary and secondary research methods to gain effective market insights and find out the growth potential of the market. In-depth analysis of factors such as technological advancements and demands as per geographical regions are also carried out to accurately understand and forecast the market's growth prospects during the forecast period. The report also gathers data from customer feedbacks and suggestions, customer experiences, case studies, and personal interviews with industry stakeholders.
This upcoming report on the global motion control software market uses various segmentation criteria to provide a segregated view of geographies such as the Americas, EMEA, and APAC and offer insights about the regions with the highest market share and highest growth rate. Our analysts have observed a recent trend of Industry 4.0 motion control software being widely adopted across the market. Improvements and advancements in this software might drive the growth of this market.
The upcoming market research report for the global motion control software market also offers competitive intelligence assessments, comprehensive vendor profiling, and an analysis of competitors? product portfolio. It also presents insights into the dynamic market landscape in order to assist the clients in accurately predicting the future market challenges and take preemptive measures to succeed in the market space. Technavio also provides deep-dive market assessments into the robotics sector.
Our market research methodology for the global motion control software market
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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