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GMC based Motion Controller Market Size, Share and Global Trend By Type of Axis (Multi Axis, Single Axis), By Precision (Very High Precision,High Precision, Standard), By Product (PLC Based, Stand Alone, PC Based), By Application (Electronics and Assembly, Medical and Scientific, Packaging and Labelling, Machine Tools, Robotics), and Geography Forecast till 2026

Region : Global | Report ID: FBI100634 | Status : Ongoing

 

KEY MARKET INSIGHTS

GMC systems function to provide the capability to control position, torque and velocity accurately, for a linear or rotational electro mechanical device. GMC equipment has a crucial role in achieving agility and flexibility in manufacturing operations at a relatively lower lifecycle cost of plant equipment. Manufacturing industries based on machinery and production are directly affected by changes in the global motion controller market. The ongoing digitalization trend is a key factor impacting motion control and motors market since it saves downtime and maintenance costs. This enables the identification of machine component failure in advance. Also, at present leading equipment manufacturers are adopting smart technologies to their machinery for improving process efficiency & quality while also reducing downtime. This has resulted in an incraese in overall demand for motion control equipment. According to the Motion Control & Motor Association,(MCMA), motion control shipments increased by approximately 5% in the last quarter of 2018.

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Factors such as offering improved overall equipment efficiency (OEE) model, higher output along with the reduced cost of the motion controllers are functioning as the key market drivers. Also, the growing demand for safety measures to check fatal accidents is probable to have a positive impact on the market. This is because every year, more than one million workers die in Asia-Pacific due to occupational accidents. Further, integrated safety features in new motion control solutions support a wide variety of safe drive functions without utilizing external safety hardware and resulting in improved machine productivity by allowing operators to accomplish tasks without removing power from the drives.


Key Players Covered


Among the companies playing significant role in the global GMC based motion controller market are Allied Motion Inc., Moog Inc., ABB Ltd., Delta Electronics, Inc., Mitsubishi Electric Corporation, Fuji Electric Co. Ltd, National Instruments, Inc., Schneider Electric S.E., Omron Corporation, Rockwell Automation Inc., Toshiba Corporation, Siemens AG, Yokogawa Electric Corp., and YASKAWA Electric Corporation. These companies are focussing on expanding their global positioning in the market by entering into strategic partnerships and by aquiring emerging players so as to enhance their product offerings in GMC based motion controllers.  This market is highly fragmented due to its varying supplier base. Some of the factors responsible for this fragmentation are diversity in control architectures and niche market opportunities.


SEGMENTATION 






























SEGMENTATION



 DETAILS



By Type of Axis



·         Multi Axis


·         Single Axis



By Precision



·         Very High Precision


·         High Precision


·         Standard



By Product



·         PLC Based


·         Stand Alone


·         PC Based



By Application



·         Electronics and Assembly


·         Medical and Scientific


·         Packaging and Labelling


·         Machine Tools


·         Robotics


·         Others



By Geography



·         North America (USA and Canada)


·         Europe (UK, Germany, France, Scandinavia and Rest of Europe)


·         Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)


·         Latin America (Brazil, Mexico and Rest of Latin America)


·         Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



 


Regional Analysis


Asia Pacific is among market leaders of the global GMC based motion controller market as a result of increased demand for high-level automatic equipment for the manufacturing industry and medical equipments. Also, in major developing economies of APAC, increasing functional areas in automatic textile machinery and high-precision printing machinery are enhancing motion control systems adoption. Supportive government initiatives are having a positive impact on the market in this region. In North America, the market is shifting towards the recovery phase with rising demand for multi-axis motion controllers. A major factor backing this development is that the machines used in the industries are gradually becoming electromechanically or electrically operated, particulary in machine tools and robotics segment.


Key Industry Developments



  • December 2018: Allied Motion Technologies Inc. announced the acquisition of TCI, LLC, a leading developer and manufacturer of active and passive electronic products US$ 64.1 Mn. The deal was aimed to resolve power quality and harmonic issues associated with industrial power conversion.
  • May 2019 – Moog announced that its innovative product offering called ‘Total Solution’ for Electric, Hydraulic and Hybrid Motion Control will be showcased at SPS IPC Drives Italia 2019

GMC based Motion Controller Market Size, Share and Global Industry Trend Forecast till 2026
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