Market Introduction
With rising energy costs and increasing environmental awareness, engineers and system designers are focusing on development of products that consume less power. Hence, the trend is moving from single purpose equipment to multi-purpose devices for various control and automation applications in industries. Modern motion control systems are characterized with sophisticated algorithms, integration of high-end electronics, and efficient communication technologies. Motion control is a crucial part of today’s mechatronic systems. A motion controller is a device responsible for doing the computational requirements related to motion path planning, sequence execution, and servo loop closure. The motion controllers can be programmed by the end-users to do specific tasks. The trend of digital and programmable multi axis motion controllers is growing at an impressive pace across industries such as electronics & semiconductor, food & beverages, and medical & pharmaceuticals among many others.
Market Overview and Dynamics
The Asia-Pacific multi-axis motion controller market is projected to reach US$ 1.81 Bn by 2027 from US$ 1.16Bn in 2019; it is expected to grow at a CAGR of 5.9% from 2020 to 2027. Factors driving the market growth in this region include rising demand for high speed and accuracy in industrial operations. In present era, the multi axis motion controllers can achieve high level of performance which is not possible with single axis controllers. In addition, the rising number as well as complexity of industrial automation and motion control applications is fueling the demand for decentralized control over centralized control on factory floors.
Key Market Segments
In terms of control type, the decentralized segment accounted for a larger share of the Asia Pacific multi-axis motion controller market in 2019.On the basis of network type, the EtherCAT segment accounted for the larger share in the Asia Pacific multi-axis motion controller market in 2019. Based on architecture, the PC-based segment is leading with the larger market share.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the multi axis motion controller market in Asia-Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. A few of the major companies listed in the report Bosch Rexroth AG, OMRON Corporation, Parker Hannifin Corp, Schneider Electric, and Mitsubishi Electric Corporation.
Reasons to buy report
- It provides understanding of the Asia-Pacific, multi-axis motion controller market landscape and identifies market segments that are most likely to guarantee a strong return.
- It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the Asia-Pacific multi-axis motion controller market.
- It helps efficiently plan merger and acquisition, and partnership deals in the multi-axis motion controller market by identifying market segments with the most promising probable sales
- It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of market performance of various segments pertaining to the Asia-Pacific multi-axis motion controller market.
- It provides market revenue forecast of the market based on various segments for the period from 2020 to 2027.
ASIA-PACIFIC MULTI-AXIS MOTION CONTROLLERMARKET SEGMENTATION
By Control Type
- Centralized
- Decentralized
By Network Type
- CANopen
- EtherCAT
By Architecture
- Drive-based
- PC-based
By Application
- Packaging & Labeling
- Semiconductor Wafer Inspection
- CNC Machining
- Medical Devices
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profiles
- ACS Motion Control
- Aerotech Inc.
- Bosch Rexroth AG
- Fuyu Technology
- Mitsubishi Electric Corporation
- Integral Control & Engimech System Solutions
- OMRON Corporation
- Parker Hannifin Corp
- Rockwell Automation, Inc.
- Schneider Electric
Asia-Pacific Multi-Axis Motion Controller Market Strategic Insights
Asia-Pacific Multi-Axis Motion Controller Market Report Highlights
| Report Attribute | Details |
| Market size in 2019 | US$ 1.16 Billion |
| Market Size by 2027 | US$ 1.81 Billion |
| CAGR (2020 - 2027) | 5.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Control Type
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Regions and Countries Covered
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| Asia-Pacific | China, India, Japan, Australia, Rest of Asia-Pacific |
| Market leaders and key company profiles |
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Asia-Pacific Multi-Axis Motion Controller Market Country and Regional Insights
