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Safety Motion Control Market, by Component

RA00128

Safety Motion Control Market, by Component (Sensors, DC Motors, Feedback devices, Motion Controllers, AC Motors, Others), Application (Material Handling, Assembling and Disassembling of Equipment, Packaging, Others), End Use Industry (Manufacturing, Aerospace & Defense, Energy, Automotive, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

Global Safety Motion Control Market Overview 2026:

Safety motion control allows us to monitor the movement of machines all the time. Safety motion control systems contain actuators, sensors, feedback devices and other components, which generate information about machines. Safety motion control increases the efficiency and provides information about the availability of the machines and plant.

Growing importance of workplace safety, along with adoption of safety standards, is a significant driver for the growth of the global safety motion control market

Rising growth in industrialization and high implementation in automation in the end use industries are major safety motion control market drivers. In addition, increase in the demand for safety equipment systems in the major end use verticals for easy maintenance, flexible automation activities of the machines along with stringent regulation on industry safety standards requiring the utilization of safety motion control systems will impel the market growth. Furthermore, advantages of the motion systems such as flexibility of the systems, lower system costs, high productivity with systems and easy implementation of the safety motion control systems are driving the market growth in the estimated time.

Modernization of safety standards is a significant investment opportunity for the markets in the global safety motion control market

Constantly increasing modernization and industrialization to improve safety standards at workplace in the end use industries are acting as latent growth opportunities in the global safety motion control market. Also, safety and productivity of the working employee can be increased with execution of actuator, sensor, and safe communication to prevent accidents are increasing the demand for safety motion systems; these factors are projected to drive the safety motion control market growth in the estimated time.

Manufacturing sector will be most lucrative during the estimated period

Automotive sector held the highest safety motion control market size and is anticipated to continue its trend during the estimated time. This growth is majorly attributed to increasing demand for motion control systems from the automotive industry for the usage in monitoring and control of mechanical parts and high-speed motors. In addition, growing production of vehicles is also projected to drive the safety motion control market size in the projected time.

The safety motion control market for manufacturing sector will experience significant growth and is projected to contribute major revenue in the global market during the forecast period. Growing adoption of robots to increase the productivity and safety of the employee along with implementation of automation processes in the manufacturing industries are significantly driving the market growth in the manufacturing industry.

Assembling and disassembling of equipment accounted for largest market size and is estimated to be most lucrative throughout the forecast period

Assembling and disassembling of equipment generated the highest market size in 2018 and is projected to continue its significant growth during the estimated time. Assembling and dissembling of equipment is a major operation in manufacturing, automotive, consumer electronics and other industries. In addition, assembling and dissembling of equipment segment requires motion control of the equipment combined with human machine interface (HMI) software, which is further projected to emphasize the market size throughout forecast time.

Material handling application also plays a significant role in the safety motion control systems market size. Material handling segment covers baggage handling, manufactured products handling, warehouse and distribution of the raw materials. These factors are projected to drive the material handling application in the safety motion control market.

The safety motion control market for packaging application is projected to grow at healthy rate in the forecast time. The growing demand for packaging application mainly from food & beverage industry for the sealing, packaging and labeling of the food and beverage products is anticipated to drive the market growth in the coming years.

Sensors segment is predicted to be most lucrative throughout the estimated time

Sensors segment in the safety motion control market is projected to experience remarkable growth by the end of 2026. Sensors are used in every end use industry, for instance, in manufacturing industry, sensors are used in identification of extrinsic characteristics including position and distance as well as intrinsic properties such as temperature and pressure of the machines. The benefits of sensors are projected to propel the growth of the market in the coming years.

Motion controllers segment held the majority of the market share in 2018 and is projected to continue its growth during the estimated period. Motion controllers are widely used in aerospace & defense industry for controlling of moving panels in aircrafts and satellite instruments. Moreover, in petroleum industry, motion controllers are used for measurement while drilling (MWD) to track the physical properties of drilling process and monitoring & controlling of bore pitch and straightness during drilling. Also, safety motion control systems in logging while drilling (LWD) provide data about the material being drilled along with presence of water, oil, gas and other materials. The advantages of motion controllers are projected to fuel the market growth in the coming years.

Asia-Pacific market is anticipated to generate enormous opportunities for the market investors to grow during the coming years

Europe has dominated the global safety motion control market share and is projected to occupy significant role during the forecast period. This dominance is majorly owing to established major manufacturers like Demero Automation Systems, Schneider Electric, Bosch Rexroth AG and SIGMATEK GmbH & Co KG that are continuously focusing on new mergers & acquisitions to provide better technologies.

Along with Europe, the safety motion control market for North America is anticipated to play key role in the global market share in terms of revenue during the forecast period. This growth is majorly because of existence of technological resources and presence of developed economies such as U.S., Canada and other countries in the North America region. Also, growing demand for safety motion control systems from health care industry and consumer electronic equipment sectors are fueling the growth of the market in the projected time.

Asia-Pacific region market share is projected to grow at faster rate and is projected to generate significant revenue during the forecast period. Rapid growth in modernization of industries such as automobile, consumer electronics and manufacturing industries is expected to drive the market growth in the forecast time.

Product development and joint ventures are the most common strategies followed by the market players

Top gaining participants in the global safety motion control market are Mitsubishi Electric Corporation, Schneider Electric, YASKAWA ELECTRIC CORPORATION, ABB, Siemens, Rockwell Automation, Inc., Bosch Rexroth AG, Demero Automation Systems, SICK AG, SIGMATEK GmbH & Co KG and among others. The major participants are following the several strategies including mergers & acquisitions, new product launches, product developments and R&D investments to increase their market size in the global safety motion control industry.

 

Aspect

Particulars

  Historical Market Estimations

  2018-2019

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Component

  • Sensors
  • DC Motors
  • Feedback devices
  • Motion Controllers
  • AC Motors
  • Others

  Segmentation by Application

  • Material Handling
  • Assembling and Disassembling of Equipment
  • Packaging
  • Others

  Segmentation by End Use Industry

  • Manufacturing
  • Aerospace & Defense
  • Energy
  • Automotive
  • Others

  Key Countries Covered

U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia

  Key Companies Profiled

  • Mitsubishi Electric Corporation
  • Schneider Electric
  • YASKAWA ELECTRIC CORPORATION
  • ABB
  • Siemens
  • Rockwell Automation, Inc.
  • Bosch Rexroth AG
  • Demero Automation Systems
  • SICK AG
  • SIGMATEK GmbH & Co KG

 


FREQUENTLY ASKED QUESTIONS?
 

A. Mitsubishi Electric Corporation, Schneider Electric, Siemens, Rockwell Automation, Inc. and SIGMATEK GmbH & Co KG are some of the key players in the global almond drink market.

A. Asia-Pacific possesses great investment opportunities for the investors to witness the most promising growth in the coming years.

A. Product development, and joint ventures are the key strategies opted by the operating companies in this market.

A. Mitsubishi Electric Corporation, Schneider Electric, Rockwell Automation, Inc. and Bosch Rexroth AG investing more on R&D activities for developing new products and technologies.

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