Motion Controller Market report trend & growth by 2024 - PowerPoint PPT Presentation

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Motion Controller Market report trend & growth by 2024

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Major players operating in the motion controller market include ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric, Siemens AG, Toshiba Corporation, and Rockwell Automation, Inc. – PowerPoint PPT presentation

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Title: Motion Controller Market report trend & growth by 2024


1
Motion Controller Market Share, Segmentation,
Report 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of Motion Controller Market
  • The motion controller market in Asia Pacific is
    expected to witness a rapid growth owing to the
    booming electronics sector in countries including
    China and India. The government of China is
    taking initiatives to boost the countrys
    manufacturing and automation sectors. The rising
    labor costs in China will also favor the industry
    demand. Furthermore, the developing automotive
    sector in India coupled with the booming robotics
    industry in Japan will demand high-performance
    automated solutions. The advent of automation and
    Industry 4.0 in several countries in Asia Pacific
    further contributes to the industry demand.
  • Motion Controller Market size is expected to grow
    at a rapid rate owing to the increasing
    penetration of automation across various industry
    verticals. The rising labor costs coupled with
    the need to increase the throughput, precision,
    and operational efficiency are encouraging the
    demand for high-performance automation solutions.
    These controllers form the core component of the
    automation system and function as a brain of any
    motion control system.

3
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  • They enable the operator to gain an enhanced
    control over motors that run several desired
    output components such as conveyors in a
    facility. The rising need for the deployment of
    automated systems to combat the errors and delays
    caused due to the human involvement in a
    production process will propel the motion
    controller market growth.
  • Rapid urbanization has led to industrialization
    and has also given rise to numerous safety
    concerns pertaining to the safety of the
    personnel working on these machines. Industrial
    work requires employees to work in harsh
    environments and deal with hazardous chemicals.
    Increasing government focus on operator safety in
    industries has stressed the need for high-quality
    machines, fueling the motion controller market
    growth. The rise in the number of accidents in
    industries has led to several government
    organizations stressing on stringent regulations
    pertaining to worker safety, further boosting the
    motion controller market growth.
  • The booming manufacturing sector backed by
    government initiatives and investments in the
    industrialization and the economic development of
    countries will favor the motion controller market
    growth. Manufacturers in various regions are
    making huge investments in automating their
    production facilities to increase the
    productivity and enhance the operational
    efficiency to sustain in the condition of
    increasing competition. Increasing focus of
    manufacturing companies on fast and reliable
    production techniques to ensure customer
    satisfaction and maximum return on investment
    will fuel the motion controller market growth.

4

Browse Full Research Report On Motion Controller
Market _at_ https//bit.ly/2Nv4N9g Request for
an in-depth table of contents for this report _at_
https//bit.ly/2QAZM0R gminsights.com/request-to
c/upcoming/1797
5
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  • Real-time technical challenges during the
    operation of these systems will hinder the motion
    controller market growth. The operation of these
    controllers requires large-scale processing of
    signals for operating the drivers that will run
    the motors. The motion control system involves
    the integration of several hardware and software
    components thereby increasing the installation
    complexity of the overall system. Lack of
    availability of skilled technicians for the
    installation and maintenance of these systems
    will limit the industry demand. The lack of
    skilled labor required to handle the real-time
    hardware issues will also impact the motion
    controller market growth.
  • The demand for multi-axis motion controllers
    plays a key role in enabling discrete and smart
    multi-axis drive designs, further fueling the
    motion controller market growth. These systems
    ensure enhanced operational efficiency as
    compared to single-axis controllers owing to the
    high level of precision offered by these
    controllers. The demand for multi-axis
    controllers for high-speed and high-value
    applications, such as semiconductor wafer
    inspection, will drive the motion controller
    market growth.

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  • Motion controller market will witness growth
    owing to the demand for CNC motion controllers
    that are suitable for a range of industrial
    applications such as picking placing,
    adjustable parts holding, and palletizing
    packaging. It provides precision control over
    machines that include loaders, presses, stamping,
    filling, and winding machines. Moreover, these
    controllers have ready-to-use pre-developed
    screens that ensure ease of operations. The ease
    of development of customized screens is further
    expected to encourage their adoption in
    industries.
  • PLC-based controllers will experience a demand
    owing to the accuracy offered by PLCs during
    operations. Highly specialized and programmable
    microprocessor-based controllers enable enhanced
    motion control in manufacturing and automation to
    control machinery and assembly lines on factory
    floors. The industrially hardened and extremely
    stable nature of PLCs will further boost their
    demand. Several in-built features in PLCs coupled
    with the easy maintainability will support the
    motion controller market growth.

7
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  • The globally flourishing electronics industry
    will provide ample growth opportunities to the
    motion controller market growth. The demand for
    high-end consumer electronic gadgets has
    contributed to the growth in the electronics
    sector. The trend of miniaturization has led to
    the demand for advanced quality automaton systems
    for semiconductor manufacturing. High-precision
    positioning required during the wafer fabrication
    process will fuel the motion controller market
    growth. These controllers provide
    high-performance positioning thereby fueling the
    demand from the semiconductor and electronics
    industry.
  • Major players operating in the motion controller
    market include ABB Ltd., Mitsubishi Electric
    Corporation, Schneider Electric, Siemens AG,
    Toshiba Corporation, and Rockwell Automation,
    Inc., and Fanuc Corporation. The industry
    participants are investing heavily in the RD of
    automation and manufacturing processes. They are
    trying to expand their market presence globally
    by expanding the manufacturing facilities in
    untapped regions.

8
Methodology
  • Market
    research reports Key analytical components

9
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