Programmable Multi-Axis Motion Controller Market Size shall reach a value of $267.89 Million in 2027, growing with a CAGR of 8.1% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Programmable multi-axis controllers are controls in which the whole software and hardware system is established around organizing complex motion. Given the compute capacity of todays computer processors, any modern generation PC or PAC based controller can deal with a programmable multi-axis motion control. The programmable multi-axis motion controller is designed with analog and digital components. These controllers are utilized to regulate the motion of an object to provide safety and control.
Its normal to have various unrestricted axes of motion in a machine with each one functioning independently based on a start signal information. However, programmable multi-axis motion normal work is to organize several axes that are mathematically formulated.
Programmable multi-axis motion controllers are used in different application areas such as coil winding machines, laser cutting machines, routing machines, co-ordination inspection machines, and glass cutting machines. The mechanization system in a motion controller enables several equipment and devices to achieve a high rate of flexibility and productivity
Programmable Multi-Axis Motion Controller Market Growth and Trends
Driving factors for the industry :
• Programmable multi-axis motion controllers are increasingly adopted in different industries due to the rise in demand for electrically or electromechanically operated machines in various developed and developing economies all over the world.
• Emergence and advancement of new technologies like emergence of IoT (Internet Of Things) is considered a key factor driving the programmable multi-axis motion controller market. This concept, making its way through the market has brought about an Industrial revolution along with the concept of Industry 4.0. The emergence of IoT is likely to drive the Multi-axis Motion Controller Market. Also, one of the factors expected to push the growth of Multi-axis Motion Controller market is the increased adoption and demand for motion controllers in the APAC (Asia-Pacific) region. As the machines used in the industries are gradually becoming electromechanically or electrically operated, the demand for multi-axis motion controllers is also increasing at a fast pace, especially in the machine tools segment and is accelerating the growth of the market.
• Demand for laser cutting machines and electric discharge machines is high in the market which in turn drives the demand of programmable multi- axis motion controller market accelerating it’s growth.
• Growing adoption of EtherCAT and other digital buses acts as a major key factor driving the demand of these programmable multi-axis motion controller systems, thereby pushing the growth of the market during the forecasted period.
• Technological innovations and advanced new generation fields such as advent of digital multi-axis controllers are also going to augment demand and growth the programmable multi-axis motion controller market in the near future.
• Programmable multi-axis motion controllers provide high level of accuracy and precision control, attracting market players from all over the world. Thus, demand for these controllers is high in the semiconductor industry bolstering the market.
Challenging factors for the industry :
• Lack of skilled workers and proper training to the labours in the field of automation regarding programmable multi-axis motion controller are likely to restrain the programmable multi-axis motion controller market in the near future.
• Low cost manufacturers in Asia Pacific can decide the price of programmable multi-axis motion controllers. This is estimated to increase the market competitiveness. In turn, this is projected to hamper the programmable multi-axis motion controller market.
Programmable Multi-Axis Motion Controller Market Regional Analysis
Programmable Multi-Axis Motion Controller Market Share and Competition
Key companies operating in this industry are: ABB, ACS Motion Control Ltd., Mitsubishi Electric Corporation, Omron Corporation, Robert Bosch GmbH, Schneider Electric SE, Aerotech Inc., Parker-Hannifin Corporation, and Rockwell Automation, Inc. Similar industries in this domain that is growing at a high CAGR include Programmable Logic Controller (PLC) Market and 3 Axis Digital Accelerometer Market.
Programmable Multi-Axis Motion Controller Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Standalone Multi-Axis Motion Controller
• Bus-type Multi-Axis Motion Controller
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Machine Tools
• Packaging and Labeling Machinery
• Semiconductor Equipment
• Material Handling Equipment
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Programmable Multi-Axis Motion Controller Market Companies
• ABB
• ACS Motion Control Ltd.
• Mitsubishi Electric Corporation
• Omron Corporation
• Robert Bosch GmbH
• Schneider Electric SE
• Aerotech Inc.
• Parker-Hannifin Corporation
• Rockwell Automation, Inc.
Available Versions: -
United States Programmable Multi-Axis Motion Controller Market Research Report
Europe Programmable Multi-Axis Motion Controller Market Research Report
Asia Pacific Programmable Multi-Axis Motion Controller Market Research Report
India Programmable Multi-Axis Motion Controller Market Research Report
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