Safety Motion Control Market 2020 Growing Demands and Precise Outlook – ABB Ltd, General Electric Co., Mitsubishi Electric Corporation

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The report presents an in-depth assessment of the Global Safety Motion Control including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Safety Motion Control investments from 2020 till 2025.

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Market Insights

The safety motion control market was valued at USD 14.85 billion in 2019 and is expected to reach USD 21.99 billion by 2025, at a CAGR of 5.65% over the forecast period 2020- 2025.

Motion control system performs a wide variety of functions ranging from a simple unit assigned to move an object to a machine tool application, which works with perfect coordination to execute multiple simultaneous movements. Moreover, due to growing industrialization and high adoption of automation in the industrial process, the motion control market is growing to a large extent.

– An integrated motion control system contains several components such as motors, encoders, controllers, user interfaces and associated software. Safety motion control systems are an emerging class with improved safety and security mechanisms. Over the last few years, a significant rise in the adoption of safety tools across the industry was registered.
– The drivers for growth in the market are increased demand for safety equipment across all major industry verticals, flexible automation functions, easy set-up and maintenance and more importantly, industry safety standards mandating the use of safety systems in Europe, North America and parts of the Asia-Pacific region.
– High capital requirements, high deployment cost and lack of availability of professionals are a major impediment to growth in this market.

Scope of the Report

A safety motion controller contains motion profiles and target positions, which creates trajectories for motors and actuators. Motion control drives are a structural part of motion controllers. These are mainly used for process automation in various end-user industries such as electronics and assembly, robotics, semiconductors, and food & beverages, among others. Due to the advancement in processing speed, precision, and reliability of these systems.,it is widely used in the industries.

Top Leading Manufactures-

ABB Ltd, General Electric Co., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Schneider Electric SE, SICK Group, Siemens AG, Pilz GmbH & Co. KG

Key Market Trends

Automotive Industry to Witness Huge Demand

– The demand for safety motion control systems in the automotive industry has seen a marked increase due to developments in manufacturing and assembly processes of HCVs and high-end motor vehicles.
– High-end motion controllers are used in the automotive industry for controlling the movements of mechanical parts in the production process. Safety motion control systems are being extensively used during the manufacturing of major components like engines and driver assistance systems.
– All the important automotive suppliers have been looking at motion control systems to optimize their production chains through the use of actuators and robotic arms. Furthermore, assembling and maintenance processes are also witnessing increased adoption of safety motion control systems.
– For instance, vehicle assembling, which is an exhaustive process requiring high levels of precision and throughput has been using safety control systems widely for performing repetitive tasks using minimal resources.
– Moreover, the increase in the production of automobile vehicle will drive the motion controller market. According to the Motion Control & Motor Association, the global motion control and the motor market experienced record growth in 2018, with $3.827 billion in shipments, up 8% over 2017. The largest categories within the overall market were motors (40%), actuators and mechanical systems (19%), and electronic drives (17%).

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North America to Hold the Largest Market Share

– North America has been at the forefront of change in the safety motion control systems with the presence of major players, like Rockwell Automation and More Automation, constantly looking for new acquisitions to add to consolidate their position further.
– The first variant of motion control systems involving a single axis movement was conceptualized in North America. Furthermore, North America has been a major market for machine tools, automotive, packaging, and electronics applications.
– Factors driving North America motion control market are the high consumption of electronic equipment and the abundant presence of the healthcare industry. Moreover, manufacturers are focusing on enhancing motion controllers that are equipped with the smart actuators to synchronize and speed up the production process.
– Also, the need for quick transportation of the heavy components and equipment during the production process has resulted in an increase in the adoption of the motor control systems in the manufacturing industry in the region.

Competitive Landscape
– May 2019 – Mitsubishi Electric Automation introduces interactive cycle insertion screens compatible with Renishaw GoProbe Macros on M8 series CNC Controls.

What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: Global Safety Motion Control Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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