Feb 21, 2019   SOURCE: BusinessWire

Global Advanced Motion Controller Market Outlook, 2019-2023 with ABB, Mitsubishi Electric Corp, OMRON Corp, Siemens, and Yaskawa Electric Corp Dominating - ResearchAndMarkets.com

The "Global Advanced Motion Controller Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The advanced motion controller market will register a CAGR of almost 6% by 2023.

The process and discrete industries are adopting automation in their manufacturing processes to increase production and operational efficiency. The rising adoption of single-loop and multi-loop automation solutions in industries has led to an increased need to streamline the connectivity between process machines and control units. Thus, end-user industries are focusing on implementing advanced motion controllers with improved and advanced connectivity.

The need to address the increasing communication requirement between the control elements and automation software has increased the adoption of advanced motion controllers. With the advent of Industry 4.0 and the increased communication requirement in an industrial setup, the adoption of advanced motion controllers with faster communication capabilities is expected to increase during the forecast period.

Increasing focus on use of integrated motion controllers

Machine building is a complex task for OEMs and end-users as the integration of diverse types of automation systems with different field devices and machinery is difficult. With improvements in communication capabilities and the adoption of industrial PCs, end-users are able to reduce the need for multiple hardware in a single process line.

Standards affecting the design of motion controllers

Machine builders and OEMs need to follow strict standards and regulations while building and integrating motion controllers. Although these standards help builders to effectively manage and control the risks associated with application-specific advanced motion controllers, complying with these standards can be time-consuming and can incur additional costs for machine builders and OEMs.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • ABB
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Siemens
  • Yaskawa Electric Corporation

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Comparison by type
  • Advanced multi-axis motion controllers - Market size and forecast 2018-2023
  • Advanced single-axis motion controllers - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Machine tools - Market size and forecast 2018-2023
  • Semiconductor equipment - Market size and forecast 2018-2023
  • Packaging and labeling - Market size and forecast 2018-2023
  • Material handling - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Growing adoption of IoT in motion control industry
  • Technological advances in motion controllers
  • Increasing need for compact motion controllers

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Siemens
  • Yaskawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/research/h8x72b/global_advanced?w=4