The global motion control market is on the up.
Latest figures from the industry’s trade group, the Motion Control & Motor Association (MCMA), show that global shipments for motion control products increased by 13.6% to $858.4m in 2016.
MCMA Director of Market Analysis Alex Shikany(above) said: “We saw the motion control market post its fifth consecutive quarter of year-over-year growth to begin 2017. Leading the way were Actuators & Mechanical Systems, which grew 29.8% to $159.4m in the first quarter. Sensors & Feedback Devices (20.8% to $34.6m), Motion Controllers (22.5% to $46.9m), and Motors (16.2% to $322.6m) round out the top five strongest statistical categories for the first quarter.”
The figures came from the MCMA’s latest survey of leading motion control and motor manufacturers which also revealed that 70% of respondents believe the market will grow in the next six months, while only 23% expect flat performance and 7% predict a decline.
VP of the Association for Advancing Automation (A3), MCMA’s parent company, Dana Whalls said: “We’re seeing strong growth and in some cases, record growth in investment in automation technologies across all three of our industry groups – motion control, robotics and machine vision. More companies are using these technologies to reach into new markets, increase productivity and to provide good jobs for their workers.”