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North America Motion Control Market Size By Component (Motors, Actuators & Mechanical Systems), By End-User (Metal & Machinery Manufacturing, Semiconductor and Electronics), By Application (Packaging, Assembly/Disassembly), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

North America Motion Control Market Size By Component (Motors, Actuators & Mechanical Systems), By End-User (Metal & Machinery Manufacturing, Semiconductor and Electronics), By Application (Packaging, Assembly/Disassembly), By Geographic Scope And Forecast

North America Motion Control Market Size And Forecast

North America Motion Control Market size was valued at USD 44.02 Billion in 2024 and is projected to reach USD 71.56 Billion by 2031, growing at a CAGR of 6.26% from 2024 to 2031.

The rising demand for industrial robots in manufacturing processes is a key element that has boosted the growth of the motion control market. Furthermore, the growing automation systems market is another factor that is supporting the growth of the market. The North America Motion Control Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

North America Motion Control Market Definition

Motion control refers to a part of factory automation that involves mechanical control of a machine or robot via an actuator and computer control system. An actuator is most commonly electric (AC or DC) or pneumatic (pressurized gas). Through this motor and a computer control system, an individual can govern the movement of a given piece of factory equipment. The main components typically comprise a motion controller, an energy amplifier, and one or more actuators. Motion control can be open-loop or closed-loop. In open-loop systems, the motion controller sends a command to the actuator through the amplifier.

Motion controllers are the pieces of electronics (and, in an increasing number of integrated cases, electrical supplies) that run the software to command movements on automated pieces of machinery. When motion controllers are integrated into a bit of machinery, it triggers axes to follow setpoints in either an open-loop (as with most stepper-motor designs) or a closed-loop (with the help of feedback). Then those signals move to the axis drive to prompt the actuator into action. Such IEC 61131-3 standards-based motion controls can execute complex motion tasks and even act as enslaved persons in machines that need to coordinate motion axes in real time.

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North America Motion Control Market Overview

With rapid industrialization, the demand for industrial robots is growing in manufacturing processes. Functional automation and modernization rely primarily on industrial robots that can take over many core operations. There are various applications of industrial robots in the manufacturing industry, such as welding, assembly operations, material handling, and finishing operations. Motion control is considered a critical fundamental technological foundation of industrial robots. Moreover, the rising demand for industrial robots in manufacturing processes is a vital element that has boosted the growth of the motion control market. Furthermore, the growing automation systems market is another factor supporting the market’s growth.

However, the lack of a skilled and trained workforce and the delay of investment plans for capacity expansion by Automotive and Semiconductor manufacturers due to COVID-19 are the factors that are hampering the growth of the motion control market. Leading automotive and semiconductor manufacturers, such as SUMCO Corporation (Japan) and Hemlock Semiconductor (US), haven’t invested in significant capacity expansion projects due to the dropping market prices, and it has become challenging for producers to maintain or elevate profit margins. Nevertheless, rising demand for motion control for different industries, including automotive, medical, aerospace & defense, semiconductor & electronics, paper & pulp, and many others, can offer a lucrative growth opportunity for the market.

North America Motion Control Market Segmentation Analysis

The North America Motion Control Market is segmented on the basis of Component, End-User, Application, and Geography.

North America Motion Control Market, By Component

  • Motors
  • Actuators & Mechanical Systems
  • AC Drives
  • Motion Controllers
  • Electric Drives
  • AC Motors
  • Sensors and Feedback Devices
  • Others

Based on Component, the market is segmented into Motors, Actuators & Mechanical Systems, AC Drives, Motion Controllers, Electric Drives, AC Motors, Sensors and Feedback Devices, and Others. This segment of the Motion Control market is dominated by Motors. The growing trend of miniaturization across all industry verticals has boosted demand for miniature motors that deliver superior performance in compact space applications such as medical devices and scientific instrumentation. Moreover, the ongoing trend of enhancing the performance ratios of medical devices is supporting the growth of the motion control market.

North America Motion Control Market, By End-User

  • Metal & Machinery Manufacturing
  • Semiconductor and Electronics
  • Automotive
  • Aerospace and Defense
  • Food and Beverages
  • Medical
  • Printing and Paper
  • Others

On the basis of End-User, the market is segmented into Metal & Machinery Manufacturing, Semiconductor and Electronics, Automotive, Aerospace and Defense, Food and Beverages, Medical, Printing and Paper, and Others. The Metal & Machinery Manufacturing segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 5.13% during the forecast period. Rising demand for motion control in iron and steel manufacturing machinery is a leading factor that has triggered the growth of the motion control market. Motion control system increases productivity, responsiveness to the customer by making possible to the metal and machinery plant to easily modify and adjust the manufacturing process as per customers requirement.

North America Motion Control Market, By Application

  • Packaging
  • Assembly/Disassembly
  • Inspection/Measuring
  • Positioning
  • Metal Fabrication
  • Material Handling
  • Slicing, Shearing, Cutting
  • Converting

Based on Application, the market is segmented into Packaging, Assembly/Disassembly, Inspection/Measuring, Positioning, Metal Fabrication, Material Handling, Slicing, Shearing, and Cutting, and Converting. The packaging segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 5.55% during the forecast period. Amplified flexibility and quicker transformation in packaging line operations are the factors that are propelling the growth of the motion control market.

North America Motion Control Market, By Geography

  • U.S.
  • Canada
  • Mexico

On the basis of Geography, the Global North America Motion Control Market is classified into U.S., Canada, and Mexico. The U.S. is expected to hold the largest market share of the Motion Control Market over the forecast period followed by Canada. Increasing demand for industrial robots in manufacturing processes and high adoption of advanced & automated processes in the automotive manufacturing sector are the leading factor that has boosted the growth of U.S. motion control market.

Further, the presence of various motion control manufacturers and the adoption of different growth strategies such as product launch and product development are further supporting the growth of the motion control market. For instance, in February 2021, Moog Inc. has introduced a DS2020 digital servo drive having Combitronic capability as a single-axis drive. Moreover, rapid technological advancement and early adoption of advanced technology are some of the other factors that are expected to support the growth of the United States motion control market

Key Players

The major players in the market include Yaskawa Electric, Siemens, Schneider Electric, ABB, Rockwell Automation, Parker Hannifin, Mitsubishi Electric, and Moog Inc. These Major Players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

  • Siemens expanded the servo motors portfolio through the launch of Simotics S-1FS2, a motor version with a stainless-steel housing. It is designed for its use focusing on the pharmaceutical and food industries.
  • Moog introduced a DS2020 digital servo drive having Combitronic capability is a single-axis drive. It operates a Moog CD series motor, that delivers a high torque capability for large axes of motion and various demanding applications.
  • Yaskawa has acquired 100% ownership of Yaskawa Siemens Automation & Drives Corp. for the purpose of boosting market share by complementing each other with products and technology in the area of industrial drive systems such as paper, pulp, textiles, and film.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Yaskawa Electric, Siemens, Schneider Electric, ABB, Rockwell Automation, Parker Hannifin, Mitsubishi Electric, and Moog Inc.

SEGMENTS COVERED

By Component, By End-User, ByApplication, and By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )