Motion Control Drive Global Market Report 2024

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Global Motion Control Drive Market Report 2024

Motion Control Drive Global Market Report 2024 – By Type (AC Drives, DC Drives, Servo Drives, Other Types), By Precision (Very High Precision, High Precision, Standard), By End-User (Semiconductor And Electronics Manufacturing, Food And Beverage, Aerospace And Defense, Automotive, Paper And Printing, Pharmaceuticals, Metals And Machinery Manufacturing, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033

Motion Control Drive Global Market Report 2024

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Motion Control Drive Global Market Report 2024

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Motion Control Drive Market Definition

A motion control drive is an electronic device used to control the movement of machinery or mechanical systems with high precision and accuracy. It manages and regulates the operation of motors responsible for movement in various applications such as robotics, conveyor systems, CNC machines, and automated manufacturing processes. The primary functions of a motion control drive include precise control of the motor's speed, position, and torque to achieve desired movement outcomes.

The main types of motion control drives are AC drives, DC drives, servo drives, and others. Alternating current(AC) drives are motion control devices that regulate the speed and torque of AC motors. The various precision include very high precision, high precision, standards that are used by various end-users such as semiconductor and electronics manufacturing, food and beverage, aerospace and defense, automotive, paper and printing, pharmaceuticals, metals and machinery manufacturing, and others

Motion Control Drive Market Segmentation

The motion control drive market covered in this report is segmented –

1) By Type: AC Drives, DC Drives, Servo Drives, Other Types

2) By Precision: Very High Precision, High Precision, Standard

3) By End-User: Semiconductor And Electronics Manufacturing, Food And Beverage, Aerospace And Defense, Automotive, Paper And Printing, Pharmaceuticals, Metals And Machinery Manufacturing, Other End-Users

Global Motion Control Drive Market Size 2023 to 2028: Graph

Motion Control Drive Market Size 2024 And Growth Rate

The motion control drives market size has grown strongly in recent years. It will grow from $6.48 billion in 2023 to $6.95 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increase in demand for compact drives, proliferation of fulfillment center, increased emphasis on improved production quality and accuracy, rise of industry 4.0 initiatives, rise in demand for smart factories.

Motion Control Drive Market Growth Forecast

The motion control drives market size is expected to see strong growth in the next few years. It will grow to $9.26 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to rise in adoption of automation across industries, increasing demand of robots, growing logistics industry, growing e-commerce, rise of the internet of things (IoT). Major trends in the forecast period include innovative technologies, integration of IoT,, growing focus on energy efficiency, use of cloud-based motion, integration of AI.

Motion Control Drive Market Driver: Automation Surge In Manufacturing Fuels Growth Of The Motion Control Drive Market

The rise in the adoption of automation in manufacturing is expected to propel the growth of the motion control drive market going forward. Automation is using technology, machines, or systems to perform tasks with minimal human intervention. It involves the application of technology to monitor and control processes, reducing the need for constant human control and enhancing efficiency, precision, and consistency. The rise in the adoption of automation in manufacturing is due to the increasing need for efficiency, productivity, and quality control, the growing demand for customized products, and the need to address labor shortages and supply chain disruptions. Motion control drives are essential components in the automation of manufacturing processes that enhance precision, efficiency, flexibility, and safety, contributing to improved productivity, lower costs, and higher quality in manufacturing operations. For instance, in May 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, industrial robot installations in manufacturing climbed by 12% overall in 2022, totaling 41,624 units. Therefore, the rise in the adoption of automation in manufacturing drives the motion control market.

Global Motion Control Drive Market Major Players

Major companies operating in the motion control drive market are Robert Bosch GmbH, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Toshiba Corporation, Fuji Electric Co. Ltd., Nidec Motor Corporation, Parker Hannifin Corp, MOVENSYS Inc., Emerson Electric Co, Delta Electronics Inc., Danfoss Inc., Rockwell Automation Inc., Advanced Micro Controls Inc., OMRON Corporation, Keyence Corporation, Fanuc Corporation, HIWIN Corporation, Regal Rexnord Corporation, SEW-EURODRIVE, YASKAWA Electric Corporation, Moog Inc., Altra Industrial Motion Corp., Kollmorgen, Sanyo Denki Co. Ltd., Harmonic Drive Systems, Allied Motion Inc., Technosoft Motion, Beckhoff Automation

Global Motion Control Drive Market Trend: Innovations In Motion Control Drives By Major Companies Meeting Industry Demands

Major companies operating in the motion control drive market are focusing on developing innovative products such as distributed servo to meet the increasing demand for precision, efficiency, and flexibility in automation across diverse industries. A distributed servo drive is a motion control system in which the servo drive electronics are located close to or integrated with the servo motor rather than centralized in a control cabinet. For instance, in July 2023, Rockwell Automation, a US-based company that manufactures motion control drives, launched the ArmorKinetix Distributed Servo Drive, distributed servo drive. It is a compact, on-machine form factor that enables production machines to become more efficient, flexible, and cost-effective. The drive offers advanced analytics, improved installations, and integrated safety features, making it an attractive solution for manufacturers seeking to reduce costs and improve productivity.

Motion Control Drive Market Merger And Acquisition: ABB Group Strengthens Its Position In Motion Solutions With Acquisition Of Siemens Low-Voltage NEMA Motor Business

In May 2023, ABB Group, a Switzerland-based provider of electrification, robotics, automation, and motion solutions, acquired the Siemens Low-Voltage NEMA motor business for an undisclosed amount. With this acquisition, ABB Group allows Siemens Motors division to enhance its product offering, expand its supply chain relationships, and improve support for its North American customer base. Siemens is a Germany-based company that manufactures motor control drives.

Regional Insights For The Global Motion Control Drive Market

North America was the largest region in the motion control drive market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control drive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the motion control drive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The motion control drive market consists of sales of stepper motor drives, brushless DC motor drives, permanent magnet synchronous motor (PMSM) drives, linear motor drives, and torque motors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The motion control market research report is one of a series of new reports from The Business Research Company that provides motion control drives market statistics, including motion control drives industry global market size, regional shares, competitors with a motion control drives market share, detailed motion control drives market segments, market trends, and opportunities, and any further data you may need to thrive in the motion control drives industry. This motion control drives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Motion Control Drive Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$6.95 billion
Revenue Forecast In 2033	$9.26 billion
Growth Rate	CAGR of 7.4% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: AC Drives, DC Drives, Servo Drives, Other Types 2) By Precision: Very High Precision, High Precision, Standard 3) By End-User: Semiconductor And Electronics Manufacturing, Food And Beverage, Aerospace And Defense, Automotive, Paper And Printing, Pharmaceuticals, Metals And Machinery Manufacturing, Other End-Users
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Robert Bosch GmbH, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Toshiba Corporation, Fuji Electric Co. Ltd., Nidec Motor Corporation, Parker Hannifin Corp, MOVENSYS Inc., Emerson Electric Co, Delta Electronics Inc., Danfoss Inc., Rockwell Automation Inc., Advanced Micro Controls Inc., OMRON Corporation, Keyence Corporation, Fanuc Corporation, HIWIN Corporation, Regal Rexnord Corporation, SEW-EURODRIVE, YASKAWA Electric Corporation, Moog Inc., Altra Industrial Motion Corp., Kollmorgen, Sanyo Denki Co. Ltd., Harmonic Drive Systems, Allied Motion Inc., Technosoft Motion, Beckhoff Automation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Motion Control Drive Market Characteristics

3. Motion Control Drive Market Trends And Strategies

4. Motion Control Drive Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Motion Control Drive Market Size and Growth

5.1. Global Motion Control Drive Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Motion Control Drive Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Motion Control Drive Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Motion Control Drive Market Segmentation

6.1. Global Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

AC Drives

DC Drives

Servo Drives

Other Types

6.2. Global Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Very High Precision

High Precision

Standard

6.3. Global Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Semiconductor And Electronics Manufacturing

Food And Beverage

Aerospace And Defense

Automotive

Paper And Printing

Pharmaceuticals

Metals And Machinery Manufacturing

Other End-Users

7. Motion Control Drive Market Regional And Country Analysis

7.1. Global Motion Control Drive Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Motion Control Drive Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Motion Control Drive Market

8.1. Asia-Pacific Motion Control Drive Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Motion Control Drive Market

9.1. China Motion Control Drive Market Overview

9.2. China Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Motion Control Drive Market

10.1. India Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Motion Control Drive Market

11.1. Japan Motion Control Drive Market Overview

11.2. Japan Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Motion Control Drive Market

12.1. Australia Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Motion Control Drive Market

13.1. Indonesia Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Motion Control Drive Market

14.1. South Korea Motion Control Drive Market Overview

14.2. South Korea Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Motion Control Drive Market

15.1. Western Europe Motion Control Drive Market Overview

15.2. Western Europe Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Motion Control Drive Market

16.1. UK Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Motion Control Drive Market

17.1. Germany Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Motion Control Drive Market

18.1. France Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Motion Control Drive Market

19.1. Italy Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Motion Control Drive Market

20.1. Spain Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Motion Control Drive Market

21.1. Eastern Europe Motion Control Drive Market Overview

21.2. Eastern Europe Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Motion Control Drive Market

22.1. Russia Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Motion Control Drive Market

23.1. North America Motion Control Drive Market Overview

23.2. North America Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Motion Control Drive Market

24.1. USA Motion Control Drive Market Overview

24.2. USA Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Motion Control Drive Market

25.1. Canada Motion Control Drive Market Overview

25.2. Canada Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Motion Control Drive Market

26.1. South America Motion Control Drive Market Overview

26.2. South America Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Motion Control Drive Market

27.1. Brazil Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Motion Control Drive Market

28.1. Middle East Motion Control Drive Market Overview

28.2. Middle East Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Motion Control Drive Market

29.1. Africa Motion Control Drive Market Overview

29.2. Africa Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Motion Control Drive Market Competitive Landscape And Company Profiles

30.1. Motion Control Drive Market Competitive Landscape

30.2. Motion Control Drive Market Company Profiles

30.2.1. Robert Bosch GmbH

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Mitsubishi Electric Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Schneider Electric SE

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. ABB Ltd.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Motion Control Drive Market Other Major And Innovative Companies

31.1. Toshiba Corporation

31.2. Fuji Electric Co. Ltd.

31.3. Nidec Motor Corporation

31.4. Parker Hannifin Corp

31.5. MOVENSYS Inc.

31.6. Emerson Electric Co

31.7. Delta Electronics Inc.

31.8. Danfoss Inc.

31.9. Rockwell Automation Inc.

31.10. Advanced Micro Controls Inc.

31.11. OMRON Corporation

31.12. Keyence Corporation

31.13. Fanuc Corporation

31.14. HIWIN Corporation

31.15. Regal Rexnord Corporation

32. Global Motion Control Drive Market Competitive Benchmarking

33. Global Motion Control Drive Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Motion Control Drive Market

35. Motion Control Drive Market Future Outlook and Potential Analysis

35.1 Motion Control Drive Market In 2028 - Countries Offering Most New Opportunities

35.2 Motion Control Drive Market In 2028 - Segments Offering Most New Opportunities

35.3 Motion Control Drive Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Motion Control Drive Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Motion Control Drive Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Robert Bosch GmbH Financial Performance

Table 75: Siemens AG Financial Performance

Table 76: Mitsubishi Electric Corporation Financial Performance

Table 77: Schneider Electric SE Financial Performance

Table 78: ABB Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Motion Control Drive Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Motion Control Drive Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Motion Control Drive Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Motion Control Drive Market, Segmentation By Precision, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Motion Control Drive Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Robert Bosch GmbH Financial Performance

Figure 75: Siemens AG Financial Performance

Figure 76: Mitsubishi Electric Corporation Financial Performance

Figure 77: Schneider Electric SE Financial Performance

Figure 78: ABB Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the motion control drive market?

How will the motion control drive market drivers and restraints affect the motion control drive market dynamics? What forces will shape the motion control drive industry going forward?

The motion control drive market major growth driver - Automation Surge In Manufacturing Fuels Growth Of The Motion Control Drive Market. For further insights on the motion control drive market, request a sample here

What is the forecast market size or the forecast market value of the motion control drive market?

The motion control drives market size has grown strongly in recent years. It will grow from $6.48 billion in 2023 to $6.95 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increase in demand for compact drives, proliferation of fulfillment center, increased emphasis on improved production quality and accuracy, rise of industry 4.0 initiatives, rise in demand for smart factories. The motion control drives market size is expected to see strong growth in the next few years. It will grow to $9.26 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to rise in adoption of automation across industries, increasing demand of robots, growing logistics industry, growing e-commerce, rise of the internet of things (IoT). Major trends in the forecast period include innovative technologies, integration of IoT, , growing focus on energy efficiency, use of cloud-based motion, integration of AI. For further insights on the motion control drive market, request a sample here

How is the motion control drive market segmented?

The motion control drive market is segmented
1) By Type: AC Drives, DC Drives, Servo Drives, Other Types
2) By Precision: Very High Precision, High Precision, Standard
3) By End-User: Semiconductor And Electronics Manufacturing, Food And Beverage, Aerospace And Defense, Automotive, Paper And Printing, Pharmaceuticals, Metals And Machinery Manufacturing, Other End-UsersFor further insights on the motion control drive market, request a sample here

Which region has the largest share of the motion control drive market? What are the other regions covered in the report?

North America was the largest region in the motion control drive market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control drive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the motion control drive market, request a sample here.

Who are the major players in the motion control drive market?

What are the key trends in the motion control drive market?

Major trend in the motion control drive market - Innovations In Motion Control Drives By Major Companies Meeting Industry Demands. For further insights on the motion control drive market, request a sample here.

What are the major opportunities in the motion control drive market? What are the strategies for the motion control drive market?

For detailed insights on the major opportunities and strategies in the motion control drive market, request a sample here.

How does the motion control drive market relate to the overall economy and other similar markets?

For detailed insights on motion control drive market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the motion control drive industry?

For detailed insights on the mergers and acquisitions in the motion control drive industry, request a sample here.

What are the key dynamics influencing the motion control drive market growth? SWOT analysis of the motion control drive market.

For detailed insights on the key dynamics influencing the motion control drive market growth and SWOT analysis of the motion control drive industry, request a sample here.