Motion Control Market

Market Definition

The Motion Control Market size was valued at USD 16.23 billion in 2023 and is predicted to reach USD 23.59 billion by 2030 with a CAGR of 5.5% from 2024-2030. 

Motion control refers to the process of regulating and directing the movement of machinery or mechanical systems. It involves the precise control of speed, position, acceleration, and deceleration of components such as motors, actuators, and other mechanical devices. In industrial applications, motion control systems are used to automate and optimize the movement of machinery and equipment. They enable precise and coordinated motion in various manufacturing processes, robotics, automation, and other industrial applications. The main components of motion control systems typically include a motion controller, an energy amplifier, and one or more prime movers or actuators. It enables complex motion sequences, synchronization of multiple axes, and high-speed, high-precision positioning, contributing to enhanced performance and competitiveness in industrial operations.

Market Dynamics and Trends

The increasing utilization of motion control system in entertainment industry in order to achieve precise and consistent camera movements, which are essential for creating visually captivating and immersive cinematic experiences is expected to drive the market growth. These systems enable filmmakers to execute complex camera shots with accuracy and repeatability, enhancing the overall quality of film production.

According to National Assocation of Theatre Owners, the global entertainment industry is experiencing rapid growth, fuelled by the increasing number of releases by major film studios such as Sony, Warner Bros, and Lionsgate.

In 2023, the number of releases surged by 72.7%, 100%, and 300% respectively compared to 2022. With such growth of entertainment industry, the demand for motion control system is anticipated to rise significantly, propelling the growth of the market.

Moreover, the motion control market is witnessing significant growth due to the rapidly growing automotive sector across the globe. Motion control system plays a crucial role in ensuring the safety, performance, and efficiency of modern vehicles, as they are designed to manage the movement of diverse components such as engines, transmissions, and steering systems within vehicles.

Furthermore, the growing gaming industry around the world is playing a pivotal role in the adoption of motion control technology within the industry. For instance, the worldwide gaming industry is experiencing a robust growth, and is expected to reach USD 321 billion by 2026, which boosts the growth of the market.

As the gaming industry continues to expand, the demand for interactive gaming experience is poised to rise, leading to the development of advanced motion-sensing technologies such as accelerometers, gyroscopes, and depth-sensing cameras, creating a more dynamic and interactive gaming experience.

However, the high cost and complexity in installation and implementation of motion control technology to the existing system are the major factors restraining  the growth of the market.

On the other hand, combination of artificial intelligence and machine learning within the motion control system is expected to create future opportunities for the market. The advance technologies can reduce maintenance time and costs by addressing issues before they escalate into system failures through their predictive analysis capabilities.

Market Segmentations and Scope of the Study

The motion control market share is segmented on the basis of components, application, end-user, and region. On the basis of components, the market is divided into motors, drivers, gearheads, controllers, sensors, display system, and others. On the basis of application, the market is classified into robotics, computer numerical control machines (CNC), gaming consoles, vehicle simulators, gimbals, and others. On the basis of end-user, the market is bifurcated into manufacturing, entertainment, healthcare, and others. Regional breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

Asia Pacific holds the dominant share of motion control market at present and is expected to continue its dominance during the forecast period. This is due to the rapid increase in entertainment industry within the region.

According to a report published by Asia Video Industry Association, the entertainment industry in Asia-Pacific is significantly growing with an overall size of USD 142 billion in 2022 and is anticipated to reach USD 169 billion by 2027. With this surge in entertainment industry the demand for motion control is rising, boosting the growth of the market.

Moreover, the rise in automotive sector, particularly the production of electric vehicles (EVs) within the region is expected to drive the market growth. The motion control plays crucial role in EV vehicles as it controls the speed, torque, and regenerative braking of the vehicle.

According to a report published by East Asia Forum, the production of EV experienced a substantial growth in this region, with overall production reaching 8 million in 2023, accounting for 25% of the overall car sold within the region.

On the other hand, North America is showing a steady rise in the motion control market due to increase in government initiatives supporting the development and integration of robotics in several workplace to assist human safety and productivity. 

As per the latest report published by the National Science Foundation, the U.S. government launched the National Robotics Initiative 3.0 in 2021, focusing on research and integration of robotic technologies in various fields. This increasing adoption of robotics is attributed to surge the role of motion control, as it plays significant role in precise movement, efficiency, and productivity.

Moreover, presence of major companies such as Ubisoft Entertainment, Electronic Arts Inc, and Activision Blizzard, Inc. related to the market within the region is further propelling the growth of the region.

These companies play a crucial role in driving advancements, innovation, and market expansion within the motion control market. For instance, in November 2023, Electronic Arts filed a patent for a computer-based method called motion matching, aiming to enhance video game movements by learning from advanced motion controls.

Competitive Landscape

The motion control market trends comprising of various market players such as ABB Ltd., Mitsubishi Electric Corporation, Moog Inc., Siemens AG, Rockwell Automation, Omron Corporation, Deltamotion, Yaskawa Electric Corporation, AEROTECH US., Dover Motion among others. These market players are adopting various strategies such as partnership and product launch to maintain their dominance in the motion control market.

For instance, in July 2023, Aerotech Inc. launched the 2.5 version of its Automation1 motion control platform, a software-based machine controller. It runs on PC-based or drive-based hardware, providing flexibility for various motion control solutions. The Automation1 motion control platform, integrates precision motion with a user-friendly Motion Development Kit. 

Moreover, in May 2023, Mitsubishi Electric Corporation collaborated with MOVENSYS Inc., a company that provides services in motion control software for AC servomotors, to enhance their services in AC servo and motion control businesses. The companies are expected to expand their global productivity through the exchange of technologies and workforce.

Key Benefits

• The report provides quantitative analysis and estimations of the motion control market from 2024 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep dive analysis of the motion control market including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the motion control market is provided in the report. 

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Key Market Segments

By Components

• Motors

• Drivers

• Gearheads

• Controllers

• Sensors

• Display system 

• Others

By Application

• Robotics

• Computer Numerical Control Machines (CNC)

• Gaming Consoles

• Vehicle Simulators 

• Gimbals

• Others

By End User

• Manufacturing

• Entertainment

• Healthcare 

• Others

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe    

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2023	USD 16.23 Billion
Revenue Forecast in 2030	USD 23.59 Billion
Growth Rate	CAGR of 5.5% from 2024 to 2030
Analysis Period	2023–2030
Base Year Considered	2023
Forecast Period	2024–2030
Market Size Estimation	Billion (USD)
Growth Factors	Rising entertainment industry propels the growth. Rising industrialization. Growing gaming industry is propelling the market.
Countries Covered	28
Companies Profiled	10
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

• ABB Ltd.

• Mitsubishi Electric Corporation

• Moog Inc.

• Siemens AG

• Rockwell Automation

• Omron Corporation

• Deltamotion

• Yaskawa Electric Corporation

• AEROTECH US.

• Dover Motion