PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762290
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762290
The motion control market size is expected to reach USD 30.98 billion by 2034, according to a new study by Polaris Market Research. The report "Motion Control Market Share, Size, Trends, Industry Analysis Report: By Components (Motion Controller, Actuators & Mechanical Systems, Electric Drives, Electric Drivers, AC Motors, and Software), By Type, By End Use, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Motion control is a technology used to precisely control the movement of machines or mechanical systems, typically involving motors, controllers, and sensors to manage speed, position, and force.
Motion control systems are becoming more common in healthcare, where precision and reliability are critical. They are used in medical devices such as surgical robots, imaging machines, and automated lab equipment. For example, a robotic surgical system needs to move with extreme accuracy, which is made possible by motion control technology. Motion control systems play a crucial role as the healthcare industry continues to adopt advanced technology for better diagnostics and treatment. The aging population and increased demand for high-quality medical care are pushing healthcare providers to invest more in automated and precise medical solutions, thereby driving the motion control market growth.
Industries are seeking ways to reduce their energy use and become more environmentally friendly. Smart manufacturing, also known as Industry 4.0, is one way to achieve this. It involves using data and connected systems to optimize production. Motion control systems are at the heart of this transformation, enabling machines to operate more efficiently and only use energy when needed. Motion control helps factories monitor performance in real-time, reduce waste, and cut energy costs by integrating with sensors and software. The shift toward smarter, greener manufacturing is driving more demand for modern motion control solutions.
By component, in 2024, the electric drives segment dominated the motion control market revenue share. Electric drives are essential components that control the speed, torque, and direction of motors in automated systems.
The pharmaceuticals and cosmetics segment, based on end use, is expected to witness significant growth during the forecast period due to the rising demand for precision, hygiene, and automation in production processes.
In 2024, Asia Pacific dominated the market driven by rapid industrialization and automation across countries such as China, Japan, and South Korea.
North America is expected to record the highest CAGR during the forecast period. The region is home to several key players and sees strong demand from industries such as aerospace, automotive, and healthcare.
A few global key market players are ABB Group, Emerson Electric Co., Estun Automation Co. Ltd, MKS Instruments Inc, Motion Control Products Ltd., Parker Hannifin Co, Rockwell Automation Inc, Schneider Electric, Siemens AG, and STMicroelectronics.
Polaris Market Research has segmented the market report on the basis of component, type, end use, and region:
By Component Outlook (Revenue USD Billion, 2020-2034)
Motion Controller
Actuators & Mechanical Systems
Electric Drives
AC Motors
Software
By Type Outlook (Revenue USD Billion, 2020-2034)
Open Loop
Closed Loop
By End Use Outlook (Revenue USD Billion, 2020-2034)
Aerospace
Automotive
Semiconductor
Electronics
Metal and Machinery
Food and Beverages
Medical Devices
Pharmaceutical and Cosmetics
Others
By Regional Outlook (Revenue USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America