PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477119
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477119
GMC based Motion Controller Market size was valued at USD 920.21 Million in 2023, expanding at a CAGR of 11.42% from 2024 to 2032.
The Global GMC (General Motion Control)-based Motion Controller Market is expanding rapidly, owing to advances in automation technology and rising demand for accurate motion control solutions across a wide range of sectors. A motion controller is a device or system that coordinates and controls the movement of machines or mechanical systems to ensure precision, speed, and efficiency while in operation. These controllers are essential components of automated systems, allowing accurate control of motors, actuators, and other motion-related components.
GMC based Motion Controller Market- Market Dynamics
Increasing adoption of automation across industries, coupled with the need for precise motion control to propel market demand
The rising use of automation across sectors, along with the necessity for accurate motion control, is driving increased demand for GMC-based motion controllers. These controllers have sophisticated capabilities like as multi-axis control, high accuracy, and interoperability with a variety of automation systems. Furthermore, enterprises are investing in GMC-based motion controllers to increase productivity, improve product quality, and save operating costs. Smart manufacturing and Industry 4.0 are driving market expansion, as firms seek sophisticated motion control solutions to optimize production processes.
GMC based Motion Controller Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 11.42% over the forecast period (2024-2032)
Based on Type of Axis segmentation, Multi Axis was predicted to show maximum market share in the year 2023
Based on application segmentation, Electronics and Assembly was the leading type in 2023
Based on Precision segmentation, High Precision was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global GMC based Motion Controller Market is segmented on the basis of Type of Axis, Application, Precision, Product, and Region.
The market is divided into two categories based on Type of Axis: Multi Axis, Single Axis. The Multi Axis segment dominates the market. These motion controllers enable simultaneous control of multiple axes, providing synchronized motion for complex automation systems.
The market is divided into six categories based on application: Electronics and Assembly, Medical and Scientific, Packaging and Labelling, Machine Tools, Robotics, Others. The Electronics and Assembly sector dominates the market and is likely to maintain its dominance during the forecast period. Motion controllers are used in electronics manufacturing and assembly processes to control the movement of components and ensure precise assembly.
GMC based Motion Controller Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
In the competitive landscape of the GMC-based Motion Controller Market, key players compete by offering innovative products tailored to specific industry requirements. Companies lead the market with advanced motion control solutions designed to enhance productivity, accuracy, and reliability in various applications. Intense competition drives continuous research and development efforts to introduce new features, improve performance, and expand market presence.
In March 2024, FANUC America Corporation, a worldwide automation pioneer, will showcase its newest integrated PLC/CNC motion controller, the Power Motion i-MODEL A Plus (PMi-A Plus), at MODEX 2024 in Atlanta, Ga., exhibit B-4026. FANUC's outstanding control and servo technology, dependability, and support for CNC machine tools are trusted by users all over the globe. However, PMi-A Plus enables the use of FANUC controls for general motion control equipment.
GLOBAL GMC BASED MOTION CONTROLLER MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
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.
YASKAWA Electric Corporation
Others