"Smart Strategies, Giving Speed to your Growth Trajectory"

Leap Motion Controller Market Size, Share & Industry Analysis, By Component (Solution, Services), By End-User (Automotive, Aerospace and Defense, Food and Beverages, Healthcare) And Regional Forecast 2022-2029

Region : Global | Report ID: FBI106010 | Status : Ongoing

 

KEY MARKET INSIGHTS

The leap motion controller can be defined as the subfield of automation that helps deal with moving fragments of machines in a controlled manner. These controllers are mainly used in applications such as power, efficiency, accuracy, and product lines. The controllers are designed to regulate specific actuator type that helps in controlling intelligence to command hydraulic, electric or pneumatic actuators.


The outbreak of COVID 19 impacted the leap motion controller market due to the shortage in the supply chain across the globe as the countries were under lockdown. There was a major decline in the demand for products. The manufacturing was shut, and the production was limited due to pandemics resulting in a shortage of raw materials. The decline in exports and shortage in supply are major market restraints of the leap motion controller market for the short term.


Key Market Driver -

• Increasing adoption of advanced and automated processors in manufacturing industries to support the market growth • Demand for safe equipment and easy setup is anticipated to drive the market growth

Key Market Restraint -

• Supply chain disruption due to the outbreak of COVID 19 anticipated to restrict market growth


Key Players Covered:


Major players operating in the leap motion controller market are ABB Ltd, Yokogawa Electric Corporation, YASKAWA Electric Corporation, Allied Motion Inc., Delta Electronics Inc., Fuji Electric, Parker Hannifin Corporation, Mitsubishi Electric Corporation, National Instruments, Omron Corporation, Toshiba Corporation, Siemens AG, Schneider Electric and Rockwell Automation Inc., among others.


Major players opt for various strategies such as mergers, acquisitions, partnerships, product launches, and business expansion to enhance their market presence. For instance, in February 2020, Rockwell Automation acquired ASEM. This would help Rockwell to improve control and visualization and the ability to deliver high-performance integrated automation solutions. Similarly, in January 2020, Rockwell Automation Inc. launched a new circuit breaker that offers various time, space, and cost-saving. This tool is enabled with UL approval for use in group installation.


Regional Analysis:  


North America is anticipated to hold the highest market share in the leap motion controller market due to the rapid growth of industrial automation. The next-generation automated process such as advanced robotics, the internet of things, and mobile technology, among others in manufacturing, is expected to help grow the market.


Asia Pacific is anticipated to have significant growth attributed to increasing industrial activities and increased demand for accurate and fast motors and drives to achieve product output. The increasing energy efficiency with the need for software systems is likely to drive the market growth in the region. High growth was observed in machine tools, automotive sectors, and other sectors related to automobiles and smartphones that include semiconductors, electronics assembly, and customized robots for applications is also expected to drive the market growth.


Further, Europe is also expected to have significant growth in industrial robots. They are considered an essential part of manufacturing, capable of visual recognition, and even helps in predicting failure using skill learning and artificial intelligence (AI). Furthermore, growing automation sectors help in increasing the rate of investment, hence driving the growth of the leap motion controller market.


Whereas the Middle East and Africa are still in the growing stage. However, various factors such as economic growth and investment made by governments are expected to drive the market growth in the region.


To gain extensive insights into the market, Request for Customization


Segmentation






















  ATTRIBUTE


  DETAILS

By Component




  • Solution

  • Services



By End-User




  • Automotive

  • Aerospace and Defense

  • Food and Beverages

  • Healthcare

  • Manufacturing

  • Others (Semiconductors, Electronics, etc.)



By Region




  • North America (United States, Canada, and Mexico)

  • South America (Brazil, Argentina, and Rest of South America)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)

  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of the Middle East & Africa)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)



Key Industry Developments



  • September 2020 – SIMATIC MICRO DRIVE launched a protective voltage system that can be used flexibly for connecting cablesand motors. This product launch has extanded the portfolio of siemens for extra low voltage range.

  • June 2020 – Parker Hannifin launched a fully programmable drive. The programmable parker servo drive (PSD) is an intelligent standalone servo drive, that is programmed by IEC 61131-3 with runtime based on widely distributed CODESYS V3.


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Go daddy
huawei
Panasonic
Lg
Yahoo

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X