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The infographic below contains key findings from our analysis of the multi-axis motion controller market
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According to Technavio’s market research report, the global multi-axis motion controller market will grow at a CAGR of close to 11% during the forecast period. The rising need for precise control systems is identified as one of the primary growth factors for this market. CNC machines are used in most industrial applications for better process accuracy and productivity. The spindle positions of these machines are controlled by motion controllers. The precise movement control of CNC machines from light-duty to heavy-duty applications is assisted by the effective deployment of motion control systems. The accurate movements of the machine assist in locating the machining area and assist in determining the quality of products being developed. Moreover, the effective deployment of motion control system also ensures fast, smooth, and vibration-less movement of machine operations. The utilization of the motion control systems in CNC machines will increase the adoption of these machines for industrial applications, which is likely to create a favorable market for multi-axis motion controller market in the coming years.
In terms of geographic regions, APAC will be the major revenue contributor to the multi-axis motion controller market throughout the forecast period. The development in industrial automation and the rise of robotic tools for high precise applications will influence the growth of the multi-axis motion controller market in this region. Additionally, the major investments in the development of industries and rising automation facilities will also drive the growth of the market in APAC.
The multi-axis motion controller market is highly competitive due to the presence of a larger number of vendors. These vendors compete against each other based on factors such as product features, software, prices, and customized solutions. Established vendors are increasingly focusing on expanding their geographical reach and increasing production capacities to gain more shares in the market. They are also upselling their products by upgrading the existing multi-axis motion controllers.
Key vendors in this market are -
Other prominent vendors in the market include Aerotech, AMK, Altra Industrial Motion, Arcus Technology, CS-Lab, Delta Tau Data Systems, FAULHABER, Moog, OMEGA, OMRON, ORMEC Systems, Rockwell Automation, SANYO DENKI, Schneider Electric, Servotronix Motion Control, Strategi, Technosoft, Toyo Advanced Technologies, Trio Motion Technology, TRM, and zub Machine Control.
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The general motion control (GMC) segment accounted for the majority market shares during 2016 and is considered as one of the important divisions in automation technology. Developing countries are increasingly adopting GMC technology in the multi-axis motion controller market because they involve low installation cost. The segment will continue to account for the largest shares during the estimated period as well since GMC involves simplified process design and requires low maintenance cost.
Owing to the increasing demand for high-precision machines, the machine tools sector is the largest end-user to the multi-axis motion controller market. Also, the growth in industrial automation will directly influence the advancement in the machine tools sector. The segment will continue to adopt motion control systems due to the deployment of latest machines in the semiconductor industry and the growth in packaging and labeling sectors.
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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 technology
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
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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