According to the latest research study released by Technavio, the global motion control market is expected to reach over USD 10 billion by 2020.
This research report titled ‘Global Motion Control Market 2016-2020’, provides an in-depth analysis of market growth in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various application segments, including electronic drivers, actuators, AC drives, motion controllers, and support and services.
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“Enhancing organizational productivity by implementing the latest automation solutions and optimizing their operational cost has become imperative for organizations to compete and grow in the modern business environment. Automation solutions prevent the failure of plant operations across various industries by offering fast and highly responsive actions. Effective deployment of DCS solutions enables distribution of controls throughout an organization, and the failure of one control system does not affect others. It thereby enables organizations to continue with local, independent operations without any hindrance,” said Siddharth Jaiswal, one of Technavio’s lead analysts for automation research.
“Automation in industries such as automotive, F&B, electronics, and semiconductors is likely to expand the global motion control market. High flexibility and productivity in plants can be achieved through the combination of automation and motion control products such as drives and actuators. This helps operators control the motion of the machines with high accuracy and precision,” added Siddharth.
Global motion control market by products 2015
Electronic drivers 31.41%
AC drives 22.51%
Motion controllers 7.69%
Support and services 2.44%
Source: Technavio research
Electronic drives in global motion control market
The global motion control market by electronic drives was valued at USD 2.74 billion in 2015. Electronic drives are electro-mechanical systems that use electric motors as the prime mover. These drives can be employed in fans, ventilators, compressor pumps, hoists, cranes, conveyors, excavators, escalators, electric locomotives, and cars. Technavio researchers have outlined the following advantages of electronic drives:
Simple and easy speed control
Easy electric braking
The growing effort toward achieving pollution-free environment and the use of highly efficient devices in F&B, metals, electricals and electronics, and semiconductor industries are fueling the growth of electronic drives. Industries are making efforts to reduce carbon footprints, which requires efficient motion control as per load. A mismatch in the speed and load of a machine leads to reduced efficiency, and results in wastage of resources. To prevent any loss, adoption of advanced motion control has thus become imperative.
Actuators in global motion control market
The global motion control market by actuators was valued at USD 2.43 billion in 2015. An actuator is a type of motor operated by different energy sources, including electric current, hydraulic fluid pressure, or pneumatic pressure. Actuators are of four types: hydraulic, pneumatic, mechanical, and electric.
Hydraulic actuator: It consists of a fluid cylinder that uses hydraulic power to produce motion. Though it has limited acceleration and speed, it can exert considerable force.
Pneumatic actuator: It converts energy from high-pressure air to mechanical motion. It quickly responds to start and stop signals as a power source need not be stored in reserve.
Mechanical actuator: A mechanical actuator consists of gears, rails, pulleys, chains, and other devices for its operation.
Electric actuator: The input electric signal is converted into a mechanical torque for control applications
Many process and discrete industries prefer electric actuators over others due to its low cost and simplicity.
In grain bins, the hydraulic actuators system consisting of a control box, cylinders, power cables, pressure hoses, motor, a fluid reservoir, pump, and valve control is gradually being replaced by an electric system. The growing focus of industries on green technology is expected to further increase the adoption of electric actuators over hydraulic actuators as there is no possibility of contamination in electric actuators, and they can function well in hostile environments.
AC drives in global motion control market
The global motion control market by AC drives was valued at USD 1.96 billion in 2015. AC drives control the speed of a motor by changing the frequency of the motor's power supply. They are used in washing machines, elevators, air conditioners, and escalators. AC drives control the motor efficiently, enhance the productivity of machinery and equipment, and conserve energy as the motor rotates only when necessary. These drives are gaining popularity as energy saving devices, and it is predicted to drive the sales of the AC drive segment over the next four years.
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Source : businesswire.com