Research and Markets: Motion Control Market by Component, Technology, Application & Geography – Global Forecast to 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/kmxql6/motion_control) has announced the addition of the “Motion Control Market – Global Forecast to 2020” report to their offering.
One of the major growth drivers for the motion control market is the increasing investment by manufacturing industries. The technology’s major application is in the semiconductor & electronics industry and this trend is expected to continue during the forecast period. The motion control market is expected to grow from USD 14.79 Billion in 2014 to USD 21.99 Billion by 2020, at a CAGR of 6.87% during the forecast period (2015-2020).
The overall motion control market is expected to grow at a CAGR of 6.87% from 2015 to 2020. The metal & machinery manufacturing application held the largest share among all applications of motion control market followed by semiconductor & electronics. The segment comprising the semiconductor & electronics application is expected to grow at the highest rate in the market with a CAGR of 10.10% from 2015 to 2020.
Increasing complexity in semiconductors & electronics equipment manufacturing is driving the need for high-tech motors, drives, and motion controllers. Moreover, electronic devices such as cell phones, laptops, MP3 players, and GPS navigation systems have evolved due to the miniaturization of technology and revolutionary development of microelectronics. The APAC region is expected to lead the said market and witness the fastest growth during the forecast period.
APAC accounts for the highest share of 41% of the motion control market. The studied market in the European and North American regions is also estimated to grow at a decent rate during the projected years.
- ABB Ltd.
- Altra Industrial Motion Corporation
- Bosch Rexroth AG
- Dover Motion
- Moog Inc.
- Parker Hannifin Corporation
- Rockwell Automation
- Schneider Electric SE
- Siemens AG
- Yaskawa Electric Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Motion Control Market, By Technology
7 Motion Control Market, By Component
8 Motion Control Market, By Application
9 Motion Control Market, By Geography
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/kmxql6/motion_control
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