Globalization and Emerging Economies Drive Growth
This study is a comprehensive, in-depth analysis of the General Motion Control (GMC) market, including market size and segmentation, market forecast, industry structure, and supplier market shares and profiles. Each GMC system includes three functional elements: motion controller, drive, and motor. In 2012, the market declined as Asian suppliers continued to have some residual challenges due to the crisis in Japan along with double digit declines in the semiconductor and solar industries. Thus, the market share declines in 2012 were disproportionate. This is another example of how important it is for suppliers to increase diversification across industries and regions.
The market has witnessed an increased number of acquisitions to allow motion control suppliers to place a stake in regions where they have little presence. In prior years the general trend in acquisitions was to extend product lines in an effort to support more comprehensive solutions. Now the market is witnessing very specific niche plays that are strategic in nature. This study identifies growth segments and market trends, as well as challenges suppliers face to achieve growth in a very fragmented market landscape. In addition to the quantitative assessment, this study provides an insightful analysis that will impact this business in the future.
Automation is essential as manufacturers continue to face challenges to compete in the global economy. This is creating opportunities for all GMC suppliers. However, the automation market dynamics also remain extremely competitive. The challenge in the market landscape is how GMC suppliers can differentiate themselves. This study will help to offer strategies, such as:
- Which regional markets to target
- Which support services to offer
- Lng-term trends creating opportunity
- Forming relationships with OEMs