Motion Controller Market — Anticipated to Expand at a CAGR of 7.0% Over the Period

Global motion controller market is experiencing growth owing to the factors such as rising demand for plant automation to achieve greater equipment efficiency, increased throughput and optimized process accuracy. The global market is being dominated by Asia Pacific owing to prominent growth of several end-use industries in the developing economies such as India, China, and Taiwan.

Moreover, Japan dominated the regional as well as global market in terms of both revenue and volume in 2016. Moreover, growing demand for Smart Factory fueled by Industry 4.0 in Europe and increasing foreign direct investments in Asia Pacific countries is anticipated to contribute towards the growth of global motion controller market.

Motion controller market is segmented by type of axis, technology, product, end-use industry and region. By type of axis, motion controller market has been further classified into multi axis and single axis motion controller. On the basis of technology, motion controller market is segmented into general motion controller, and CNC motion controller. On the basis of product, the global motion controller market is further classified as PLC based, standalone and PC based motion controller.

Based on end-use industry, motion controller market is segmented into aerospace and defense, automotive, semiconductor and electronics, metal and mining, food and beverages, healthcare, pharmaceuticals, and others (plastic and rubber, textile, etc.). Among these, semiconductors and electronics, and food and beverages are the key industries supplementing the growth of motion controller market around the globe.

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