Motion Control Market Continues to Expand
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.
Since the downturn in 2008 the overall market has returned to relatively stable conditions with the exception of 2012 where the downturn in the semiconductor market resulted in a significant decline in several of the dominant Japanese suppliers focused on this industry. The strengthening of the dollar against most other world currencies was the primary contributor to the overall decline in the market for 2015.
Looking forward, our forecast for 2016 is expected to moderate as the market conditions in Asia create headwinds. However, the drive for manufacturing productivity growth is pushing industrial companies to invest in new automation equipment for various industries. Companies face challenges to raise productivity, lower product costs, reduce manufacturing operating expenses, and increase return on investment in order to compete in the global market.
Mergers and acquisition activities among suppliers have continued over the years. The most significant acquisitions and divestitures in the 2015-16 time frame have been incorporated into the analysis in the reporting. This includes acquisitions by Rockwell Automation, Allied Motion, and Omron.
Automation is essential as manufacturers continue to face challenges to compete in the global economy. The automation market dynamics also remains extremely competitive. This study will help to offer strategies, such as:
• Which regional markets to target
• Long-term trends creating opportunity
• Forming relationships with OEMs