Motion Control Drive Market

Motion Control Drive Market (Type: AC Drive and DC Drive; and Product Type: Servo Drives, Stepper Drives, and VFD Drives) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Motion Control Drive Market Outlook 2031

  • The global industry was valued at US$ 4.9 Bn in 2022
  • It is estimated to grow at a CAGR of 6.2% from 2023 to 2031 and reach US$ 8.4 Bn by the end of 2031

Analysts’ Viewpoint on Market Scenario

The motion control drive market size is expected to grow at a steady pace during the forecast period due to increase in demand for automation and robotics in various industries. Advancements in technology, such as the integration of IoT and AI, are also boosting market expansion.

Rise in need for precise and efficient control of motors in applications, such as robotics, packaging, and materials handling, is augmenting the demand for motion control drives. Additionally, growth in trend of Industry 4.0 and smart manufacturing is fueling the motion control drive market growth. Vendors in the global motion control drive industry are investing in technology development to meet specific customer needs and stay competitive in the market.

Motion Control Drive Market

Market Introduction

Servo drive, also referred to as an amplifier, escalates control signals received from controllers, thereby regulating the voltage and current of a motor. Its uses are quite varied, with applications in sectors such as robotics, automation, CNC machining, and semiconductor manufacturing.

Servo drives operate in accordance with instructions from the host controller and regulate the output torque, rotation speed, or position of motors. They deliver the proper amounts of power to the servomotor at the proper moments, and the position, speed, or torque is adjusted in accordance with inputs from a motion controller, feedback encoder, and the servomotor itself.

Growth in usage of automation and Industry 4.0 practices across industries is augmenting the motion control drive market development. Motion control drives play a pivotal role in ensuring smooth coordination and precise movement of automated machinery and robots.

Surge in Adoption of Automation in Manufacturing Facilities Fueling Motion Control Drive Market Value

Motion control drives are electronic devices that regulate the movement of machinery and equipment in manufacturing processes. These drives control the speed, position, and torque of motors, allowing for precise and synchronized movements. The adoption of automation has led to the integration of motion control drives with various automated systems, such as robotic arms, conveyor belts, CNC machines, and more. This integration is vital for achieving accurate and repeatable movements required in modern manufacturing.

Rise in adoption of automation in manufacturing facilities is fundamentally reshaping the landscape of industrial production. Motion control drives play a pivotal role in enabling precise and efficient movement within automated systems. As manufacturing continues to evolve, the synergy between automation and motion control drives will remain a key driver of enhanced productivity, improved quality, and the ability to meet the ever-changing demands of the global market. For instance, in May 2023, ABB announced to invest US$ 170 million in the U.S. owing to rise in customer demand for electrification and automation products.

Increase in Demand for Compact Drives Driving Motion Control Propelling Market Revenue

Compact drives save valuable space within the machinery or control panel. In modern manufacturing facilities, floor space is often at a premium, and optimizing space utilization is crucial. The reduced footprint of compact drives allows for efficient utilization of available space, enabling manufacturers to design more compact and streamlined machinery.

Compact drives are ideal for applications that require mobility, such as robotics or portable machinery. The lightweight and compact design enables easier integration into mobile platforms, ensuring smooth and convenient movement. This mobility is particularly beneficial in industries such as logistics, where materials handling equipment needs to be agile and adaptable.

Compact motion control drives provide space-saving benefits, flexibility in installation, improved mobility, design flexibility, enhanced energy efficiency, and streamlined wiring arrangements. These advantages contribute to increased efficiency, productivity, and overall system performance in various industries that rely on motion control drive systems. In June 2021, Bosch Rexroth launched ctrlX DRIVE, a compact and versatile drive system.

Increase in Demand for Servo Drives

According to the latest motion control drive market trends, the servo drives product type segment is expected to dominate the sector during the forecast period. The latest innovations in digital servo drive technology offer improved hardware and software capabilities, promising a superior user experience and remarkable adaptability in terms of compensation. Intriguingly, certain servo systems can autonomously adjust the motor, drive, and feedback, and optimize their operational parameters. These self-tuning servo drives can efficiently adapt to the specific motor-drive mechanism, maintaining performance levels and significantly reducing the necessity for additional fine-tuning of control loops.

Servo drives are known for their compact size, small footprint, and low power consumption, making them ideal for applications where space and energy efficiency are crucial. Servo drives are employed in robotics, machinery, automated assembly lines, material handling systems, and various aerospace applications. In August 2023, Rockwell Automation introduced its new Allen-Bradley ArmorKinetix servo drives, which offer direct attachment to servo motors or machine installation, providing improved performance and flexibility for industrial automation applications.

Regional Outlook

According to the latest motion control drive market forecast, Asia Pacific is projected to hold largest share from 2023 to 2031. Rise in adoption of automation and robotics across industries, such as manufacturing, automotive, electronics, and logistics, is fueling the motion control drive market dynamics of the region.

Shrinking labor force in China and Japan is boosting demand for robotics. China's working-age population (15-64 years) has been declining since 2013, leading to concerns about a shrinking labor pool. By 2050, China's population aged 65 and above is projected to reach around 39% of the total population. Thus, China is investing heavily in industrial robots. According to the International Federation of Robotics, the electrical & electronics sector in China heavily invested in robots as installations went up by 30% to reach 81,600 installations in 2021. Thus, rise in investment in robotics and automation is propelling market progress in Asia Pacific.

Analysis of Key Players

The global industry is still fragmented, with a diversified variety of suppliers and a myriad of potential applications affecting dozens of industries. Major motion control drive manufacturers are focusing on offering new designs and custom-made products to expand their customer base.

ABB Ltd. Advanced Micro Controls, Inc., Allied Motion, Inc., Bosch Rexroth, Delta Electronics, Inc., Emerson Electric Co., Fuji Electric Co., Ltd., HIWIN Corporation, Mitsubishi Electric Corporation, Nidec Motor Corporation, OMRON Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corporation, and YASKAWA Electric Corporation are key entities operating in this industry.

Each of these companies has been profiled in the motion control drive market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Key Developments

  • In August 2023, Kollmorgen added a new servo drive to its AKD2G series, for use in applications requiring precise multi-axis servo systems. The AKD2G portfolio has increased safety features, SD card backup, and a graphical display with a higher amperage.
  • In May 2023, ABB completed the acquisition of Siemens low voltage NEMA motor business
  • In 2022, WEG announced the acquisition of the Motion Control Business Unit of Gefran. Under the terms of the acquisition contract, WEG will take over as the sole proprietary of the Motion Control Business Unit, which is in charge of developing and manufacturing a full line of variable frequency drives, direct current converters, and specialized servo drives.

Motion Control Drive Market Snapshot

Attribute Detail
Market Value in 2022 US$ 4.9 Bn
Market Forecast Value in 2031 US$ 8.4 Bn
Growth Rate (CAGR) 6.2%
Forecast Period 2023-2031
Historical Data Available for 2017-2022
Quantitative Units US$ Bn for Value and Million Units for Volume
Market Analysis It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Type
    • AC Drive
    • DC Drive
  • Product Type
    • Servo Drives
    • Stepper Drives
    • VFD Drives
  • Axis
    • Single Axis
    • Multi-axis
  • Precision
    • Very High Precision
    • High Precision
    • Standard
  • End-use
    • Semiconductor & Electronics Manufacturing
    • Food & Beverage
    • Aerospace & Defense
    • Automotive
    • Paper & Printing
    • Pharmaceuticals
    • Metals & Machinery Manufacturing
    • Others
Regions Covered
  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Countries Covered
  • U.S.
  • Canada
  • U.K.
  • Germany
  • France
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • GCC
  • South Africa
  • Brazil
Companies Profiled
  • ABB Ltd.
  • Advanced Micro Controls, Inc.
  • Allied Motion, Inc.
  • Bosch Rexroth
  • Delta Electronics, Inc.
  • Emerson Electric Co.
  • Fuji Electric Co., Ltd.
  • HIWIN Corporation
  • Mitsubishi Electric Corporation
  • Nidec Motor Corporation
  • OMRON Corporation
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Toshiba Corporation
  • YASKAWA Electric Corporation
  • Other Key Players
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the motion control drive market in 2022?

It was valued at US$ 4.9 Bn in 2022

How is the motion control drive industry expected to grow during the forecast period?

It is projected to grow at a CAGR of 6.2% from 2023 to 2031

How much worth will the motion control drive market be in 2031?

It is estimated to reach US$ 8.4 Bn by the end of 2031

What are the prominent trends driving the demand for motion control drives?

Surge in adoption of automation in manufacturing facilities and increase in demand for compact drives

How big was Asia Pacific in the motion control drive sector in 2022?

It accounted for 34.0% share in 2022

Which region is more likely to record the highest demand for motion control drives?

Asia Pacific is expected to record the highest demand during the forecast period

Who are the prominent motion control drive manufacturers?

ABB Ltd. Advanced Micro Controls, Inc., Allied Motion, Inc., Bosch Rexroth, Delta Electronics, Inc., Emerson Electric Co., Fuji Electric Co., Ltd., HIWIN Corporation, Mitsubishi Electric Corporation, Nidec Motor Corporation, OMRON Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corporation, and YASKAWA Electric Corporation

1. Preface

    1.1. Market and Segments Definition

    1.2. Market Taxonomy

    1.3. Research Methodology

    1.4. Assumption and Acronyms

2. Executive Summary

    2.1. Global Motion Control Drive Market Overview

    2.2. Regional Outline

    2.3. Industry Outline

    2.4. Market Dynamics Snapshot

    2.5. Competition Blueprint

3. Market Dynamics

    3.1. Macro-economic Factors

    3.2. Drivers

    3.3. Restraints

    3.4. Opportunities

    3.5. Key Trends

    3.6. Regulatory Framework

4. Associated Industry and Key Indicator Assessment

    4.1. Parent Industry Overview - Global Industrial Automation Industry Overview

    4.2. Supply Chain Analysis

    4.3. Pricing Analysis

    4.4. Type Roadmap Analysis

    4.5. Industry SWOT Analysis

    4.6. Porter’s Five Forces Analysis

5. Global Motion Control Drive Market Analysis, by Type

    5.1. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Type, 2017-2031

        5.1.1. AC Drive

        5.1.2. DC Drive

    5.2. Market Attractiveness Analysis, By Type

6. Global Motion Control Drive Market Analysis, by Product Type

    6.1. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product Type, 2017-2031

        6.1.1. Servo Drives

        6.1.2. Stepper Drives

        6.1.3. VFD Drives

    6.2. Market Attractiveness Analysis, By Product Type

7. Global Motion Control Drive Market Analysis, by Axis

    7.1. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Axis, 2017-2031

        7.1.1. Single Axis

        7.1.2. Multi-axis

    7.2. Market Attractiveness Analysis, By Axis

8. Global Motion Control Drive Market Analysis, by Precision

    8.1. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Precision, 2017-2031

        8.1.1. Very High Precision

        8.1.2. High Precision

        8.1.3. Standard

    8.2. Market Attractiveness Analysis, By Precision

9. Global Motion Control Drive Market Analysis, by End-use

    9.1. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By End-use, 2017-2031

        9.1.1. Semiconductor & Electronics Manufacturing

        9.1.2. Food & Beverage

        9.1.3. Aerospace & Defense

        9.1.4. Automotive

        9.1.5. Paper & Printing

        9.1.6. Pharmaceuticals

        9.1.7. Metals & Machinery Manufacturing

        9.1.8. Others

    9.2. Market Attractiveness Analysis, By End-use

10. Global Motion Control Drive Market Analysis and Forecast, By Region

    10.1. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Region, 2017-2031

        10.1.1. North America

        10.1.2. Europe

        10.1.3. Asia Pacific

        10.1.4. Middle East & Africa

        10.1.5. South America

    10.2. Market Attractiveness Analysis, By Region

11. North America Motion Control Drive Market Analysis and Forecast

    11.1. Market Snapshot

    11.2. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Type, 2017-2031

        11.2.1. AC Drive

        11.2.2. DC Drive

    11.3. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product Type, 2017-2031

        11.3.1. Servo Drives

        11.3.2. Stepper Drives

        11.3.3. VFD Drives

    11.4. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Axis, 2017-2031

        11.4.1. Single Axis

        11.4.2. Multi-axis

    11.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Precision, 2017-2031

        11.5.1. Very High Precision

        11.5.2. High Precision

        11.5.3. Standard

    11.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By End-use, 2017-2031

        11.6.1. Semiconductor & Electronics Manufacturing

        11.6.2. Food & Beverage

        11.6.3. Aerospace & Defense

        11.6.4. Automotive

        11.6.5. Paper & Printing

        11.6.6. Pharmaceuticals

        11.6.7. Metals & Machinery Manufacturing

        11.6.8. Others

    11.7. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031

        11.7.1. U.S.

        11.7.2. Canada

        11.7.3. Rest of North America

    11.8. Market Attractiveness Analysis

        11.8.1. By Type

        11.8.2. By Product Type

        11.8.3. By Axis

        11.8.4. By Precision

        11.8.5. By End-use

        11.8.6. By Country/Sub-region

12. Europe Motion Control Drive Market Analysis and Forecast

    12.1. Market Snapshot

    12.2. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Type, 2017-2031

        12.2.1. AC Drive

        12.2.2. DC Drive

    12.3. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product Type, 2017-2031

        12.3.1. Servo Drives

        12.3.2. Stepper Drives

        12.3.3. VFD Drives

    12.4. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Axis, 2017-2031

        12.4.1. Single Axis

        12.4.2. Multi-axis

    12.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Precision, 2017-2031

        12.5.1. Very High Precision

        12.5.2. High Precision

        12.5.3. Standard

    12.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By End-use, 2017-2031

        12.6.1. Semiconductor & Electronics Manufacturing

        12.6.2. Food & Beverage

        12.6.3. Aerospace & Defense

        12.6.4. Automotive

        12.6.5. Paper & Printing

        12.6.6. Pharmaceuticals

        12.6.7. Metals & Machinery Manufacturing

        12.6.8. Others

    12.7. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031

        12.7.1. U.K.

        12.7.2. Germany

        12.7.3. France

        12.7.4. Rest of Europe

    12.8. Market Attractiveness Analysis

        12.8.1. By Type

        12.8.2. By Product Type

        12.8.3. By Axis

        12.8.4. By Precision

        12.8.5. By End-use

        12.8.6. By Country/Sub-region

13. Asia Pacific Motion Control Drive Market Analysis and Forecast

    13.1. Market Snapshot

    13.2. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Type, 2017-2031

        13.2.1. AC Drive

        13.2.2. DC Drive

    13.3. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product Type, 2017-2031

        13.3.1. Servo Drives

        13.3.2. Stepper Drives

        13.3.3. VFD Drives

    13.4. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Axis, 2017-2031

        13.4.1. Single Axis

        13.4.2. Multi-axis

    13.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Precision, 2017-2031

        13.5.1. Very High Precision

        13.5.2. High Precision

        13.5.3. Standard

    13.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By End-use, 2017-2031

        13.6.1. Semiconductor & Electronics Manufacturing

        13.6.2. Food & Beverage

        13.6.3. Aerospace & Defense

        13.6.4. Automotive

        13.6.5. Paper & Printing

        13.6.6. Pharmaceuticals

        13.6.7. Metals & Machinery Manufacturing

        13.6.8. Others

    13.7. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031

        13.7.1. China

        13.7.2. Japan

        13.7.3. India

        13.7.4. South Korea

        13.7.5. ASEAN

        13.7.6. Rest of Asia Pacific

    13.8. Market Attractiveness Analysis

        13.8.1. By Type

        13.8.2. By Product Type

        13.8.3. By Axis

        13.8.4. By Precision

        13.8.5. By End-use

        13.8.6. By Country/Sub-region

14. Middle East & Africa Motion Control Drive Market Analysis and Forecast

    14.1. Market Snapshot

    14.2. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Type, 2017-2031

        14.2.1. AC Drive

        14.2.2. DC Drive

    14.3. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product Type, 2017-2031

        14.3.1. Servo Drives

        14.3.2. Stepper Drives

        14.3.3. VFD Drives

    14.4. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Axis, 2017-2031

        14.4.1. Single Axis

        14.4.2. Multi-axis

    14.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Precision, 2017-2031

        14.5.1. Very High Precision

        14.5.2. High Precision

        14.5.3. Standard

    14.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By End-use, 2017-2031

        14.6.1. Semiconductor & Electronics Manufacturing

        14.6.2. Food & Beverage

        14.6.3. Aerospace & Defense

        14.6.4. Automotive

        14.6.5. Paper & Printing

        14.6.6. Pharmaceuticals

        14.6.7. Metals & Machinery Manufacturing

        14.6.8. Others

    14.7. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031

        14.7.1. GCC

        14.7.2. South Africa

        14.7.3. Rest of Middle East & Africa

    14.8. Market Attractiveness Analysis

        14.8.1. By Type

        14.8.2. By Product Type

        14.8.3. By Axis

        14.8.4. By Precision

        14.8.5. By End-use

        14.8.6. By Country/Sub-region

15. South America Motion Control Drive Market Analysis and Forecast

    15.1. Market Snapshot

    15.2. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Type, 2017-2031

        15.2.1. AC Drive

        15.2.2. DC Drive

    15.3. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Product Type, 2017-2031

        15.3.1. Servo Drives

        15.3.2. Stepper Drives

        15.3.3. VFD Drives

    15.4. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Axis, 2017-2031

        15.4.1. Single Axis

        15.4.2. Multi-axis

    15.5. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By Precision, 2017-2031

        15.5.1. Very High Precision

        15.5.2. High Precision

        15.5.3. Standard

    15.6. Motion Control Drive Market Size (US$ Bn) Analysis & Forecast, By End-use, 2017-2031

        15.6.1. Semiconductor & Electronics Manufacturing

        15.6.2. Food & Beverage

        15.6.3. Aerospace & Defense

        15.6.4. Automotive

        15.6.5. Paper & Printing

        15.6.6. Pharmaceuticals

        15.6.7. Metals & Machinery Manufacturing

        15.6.8. Others

    15.7. Motion Control Drive Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031

        15.7.1. Brazil

        15.7.2. Rest of South America

    15.8. Market Attractiveness Analysis

        15.8.1. By Type

        15.8.2. By Product Type

        15.8.3. By Axis

        15.8.4. By Precision

        15.8.5. By End-use

        15.8.6. By Country/Sub-region

16. Competition Assessment

    16.1. Global Motion Control Drive Market Competition Matrix - a Dashboard View

        16.1.1. Global Motion Control Drive Market Company Share Analysis, by Value (2022)

        16.1.2. Technological Differentiator

17. Company Profiles (Global Manufacturers/Suppliers)

    17.1. ABB Ltd.

        17.1.1. Overview

        17.1.2. Product Portfolio

        17.1.3. Sales Footprint

        17.1.4. Key Subsidiaries or Distributors

        17.1.5. Strategy and Recent Developments

        17.1.6. Key Financials

    17.2. Advanced Micro Controls, Inc.

        17.2.1. Overview

        17.2.2. Product Portfolio

        17.2.3. Sales Footprint

        17.2.4. Key Subsidiaries or Distributors

        17.2.5. Strategy and Recent Developments

        17.2.6. Key Financials

    17.3. Allied Motion, Inc.

        17.3.1. Overview

        17.3.2. Product Portfolio

        17.3.3. Sales Footprint

        17.3.4. Key Subsidiaries or Distributors

        17.3.5. Strategy and Recent Developments

        17.3.6. Key Financials

    17.4. Bosch Rexroth

        17.4.1. Overview

        17.4.2. Product Portfolio

        17.4.3. Sales Footprint

        17.4.4. Key Subsidiaries or Distributors

        17.4.5. Strategy and Recent Developments

        17.4.6. Key Financials

    17.5. Delta Electronics, Inc.

        17.5.1. Overview

        17.5.2. Product Portfolio

        17.5.3. Sales Footprint

        17.5.4. Key Subsidiaries or Distributors

        17.5.5. Strategy and Recent Developments

        17.5.6. Key Financials

    17.6. Emerson Electric Co.

        17.6.1. Overview

        17.6.2. Product Portfolio

        17.6.3. Sales Footprint

        17.6.4. Key Subsidiaries or Distributors

        17.6.5. Strategy and Recent Developments

        17.6.6. Key Financials

    17.7. Fuji Electric Co., Ltd.

        17.7.1. Overview

        17.7.2. Product Portfolio

        17.7.3. Sales Footprint

        17.7.4. Key Subsidiaries or Distributors

        17.7.5. Strategy and Recent Developments

        17.7.6. Key Financials

    17.8. HIWIN Corporation

        17.8.1. Overview

        17.8.2. Product Portfolio

        17.8.3. Sales Footprint

        17.8.4. Key Subsidiaries or Distributors

        17.8.5. Strategy and Recent Developments

        17.8.6. Key Financials

    17.9. Mitsubishi Electric Corporation

        17.9.1. Overview

        17.9.2. Product Portfolio

        17.9.3. Sales Footprint

        17.9.4. Key Subsidiaries or Distributors

        17.9.5. Strategy and Recent Developments

        17.9.6. Key Financials

    17.10. Nidec Motor Corporation

        17.10.1. Overview

        17.10.2. Product Portfolio

        17.10.3. Sales Footprint

        17.10.4. Key Subsidiaries or Distributors

        17.10.5. Strategy and Recent Developments

        17.10.6. Key Financials

    17.11. OMRON Corporation

        17.11.1. Overview

        17.11.2. Product Portfolio

        17.11.3. Sales Footprint

        17.11.4. Key Subsidiaries or Distributors

        17.11.5. Strategy and Recent Developments

        17.11.6. Key Financials

    17.12. Rockwell Automation Inc.

        17.12.1. Overview

        17.12.2. Product Portfolio

        17.12.3. Sales Footprint

        17.12.4. Key Subsidiaries or Distributors

        17.12.5. Strategy and Recent Developments

        17.12.6. Key Financials

    17.13. Schneider Electric SE

        17.13.1. Overview

        17.13.2. Product Portfolio

        17.13.3. Sales Footprint

        17.13.4. Key Subsidiaries or Distributors

        17.13.5. Strategy and Recent Developments

        17.13.6. Key Financials

    17.14. Siemens AG

        17.14.1. Overview

        17.14.2. Product Portfolio

        17.14.3. Sales Footprint

        17.14.4. Key Subsidiaries or Distributors

        17.14.5. Strategy and Recent Developments

        17.14.6. Key Financials

    17.15. Toshiba Corporation

        17.15.1. Overview

        17.15.2. Product Portfolio

        17.15.3. Sales Footprint

        17.15.4. Key Subsidiaries or Distributors

        17.15.5. Strategy and Recent Developments

        17.15.6. Key Financials

    17.16. YASKAWA Electric Corporation

        17.16.1. Overview

        17.16.2. Product Portfolio

        17.16.3. Sales Footprint

        17.16.4. Key Subsidiaries or Distributors

        17.16.5. Strategy and Recent Developments

        17.16.6. Key Financials

    17.17. Other Key Players

        17.17.1. Overview

        17.17.2. Product Portfolio

        17.17.3. Sales Footprint

        17.17.4. Key Subsidiaries or Distributors

        17.17.5. Strategy and Recent Developments

        17.17.6. Key Financials

18. Go to Market Strategy

    18.1. Identification of Potential Market Spaces

    18.2. Preferred Sales & Marketing Strategy

List of Tables

Table 1: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017-2031

Table 2: Global Motion Control Drive Market Volume (Million Units) & Forecast, by Type, 2017-2031

Table 3: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Product Type, 2017-2031

Table 4: Global Motion Control Drive Market Volume (Million Units) & Forecast, by Product Type, 2017-2031

Table 5: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Axis, 2017-2033

Table 6: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017-2033

Table 7: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use, 2017-2033

Table 8: Global Motion Control Drive Market Value (US$ Bn) & Forecast, by Region, 2017-2031

Table 9: Global Motion Control Drive Market Volume (Million Units) & Forecast, by Region, 2017-2031

Table 10: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017-2031

Table 11: North America Motion Control Drive Market Volume (Million Units) & Forecast, by Type, 2017-2031

Table 12: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Product Type, 2017-2031

Table 13: North America Motion Control Drive Market Volume (Million Units) & Forecast, by Product Type, 2017-2031

Table 14: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Axis, 2017-2033

Table 15: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017-2034

Table 16: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use, 2017-2033

Table 17: North America Motion Control Drive Market Value (US$ Bn) & Forecast, by Country, 2017-2031

Table 18: North America Motion Control Drive Market Volume (Million Units) & Forecast, by Country, 2017-2031

Table 19: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017-2031

Table 20: Europe Motion Control Drive Market Volume (Million Units) & Forecast, by Type, 2017-2031

Table 21: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Product Type, 2017-2031

Table 22: Europe Motion Control Drive Market Volume (Million Units) & Forecast, by Product Type, 2017-2031

Table 23: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Axis, 2017-2033

Table 24: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017-2034

Table 25: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use, 2017-2033

Table 26: Europe Motion Control Drive Market Value (US$ Bn) & Forecast, by Country, 2017-2031

Table 27: Europe Motion Control Drive Market Volume (Million Units) & Forecast, by Country, 2017-2031

Table 28: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017-2031

Table 29: Asia Pacific Motion Control Drive Market Volume (Million Units) & Forecast, by Type, 2017-2031

Table 30: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Product Type, 2017-2031

Table 31: Asia Pacific Motion Control Drive Market Volume (Million Units) & Forecast, by Product Type, 2017-2031

Table 32: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Axis, 2017-2033

Table 33: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017-2034

Table 34: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use, 2017-2033

Table 35: Asia Pacific Motion Control Drive Market Value (US$ Bn) & Forecast, by Country, 2017-2031

Table 36: Asia Pacific Motion Control Drive Market Volume (Million Units) & Forecast, by Country, 2017-2031

Table 37: Middle East & Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017-2031

Table 38: Middle East & Africa Motion Control Drive Market Volume (Million Units) & Forecast, by Type, 2017-2031

Table 39: Middle East & Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Product Type, 2017-2031

Table 40: Middle East & Africa Motion Control Drive Market Volume (Million Units) & Forecast, by Product Type, 2017-2031

Table 41: Middle East & Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Axis, 2017-2033

Table 42: Middle East & Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017-2034

Table 43: Middle East & Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use, 2017-2033

Table 44: Middle East & Africa Motion Control Drive Market Value (US$ Bn) & Forecast, by Country, 2017-2031

Table 45: Middle East & Africa Motion Control Drive Market Volume (Million Units) & Forecast, by Country, 2017-2031

Table 46: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Type, 2017-2031

Table 47: South America Motion Control Drive Market Volume (Million Units) & Forecast, by Type, 2017-2031

Table 48: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Product Type, 2017-2031

Table 49: South America Motion Control Drive Market Volume (Million Units) & Forecast, by Product Type, 2017-2031

Table 50: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Axis, 2017-2033

Table 51: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Precision, 2017-2034

Table 52: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by End-use, 2017-2033

Table 53: South America Motion Control Drive Market Value (US$ Bn) & Forecast, by Country, 2017-2031

Table 54: South America Motion Control Drive Market Volume (Million Units) & Forecast, by Country, 2017-2031

List of Figures

Figure 01: Global Motion Control Drive Market Value & Forecast, Value (US$ Bn), 2017-2031

Figure 02: Global Motion Control Drive Market Value & Forecast, Y-O-Y, Value (US$ Bn), 2017-2031

Figure 03: Global Motion Control Drive Market Value & Forecast, Volume (Million Units), 2017-2031

Figure 04: Global Motion Control Drive Market Value & Forecast, Y-O-Y, Volume (Million Units), 2017-2031

Figure 05: Global Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017-2031

Figure 06: Global Motion Control Drive Market Share Analysis, by Type, 2022 and 2031

Figure 07: Global Motion Control Drive Market, Incremental Opportunity, by Type, 2022-2031

Figure 08: Global Motion Control Drive Market Projections by Product Type, Value (US$ Bn), 2017-2031

Figure 09: Global Motion Control Drive Market Share Analysis, by Product Type, 2022 and 2031

Figure 10: Global Motion Control Drive Market, Incremental Opportunity, by Product Type, 2022-2031

Figure 11: Global Motion Control Drive Market Projections by Axis, Value (US$ Bn), 2017-2031

Figure 12: Global Motion Control Drive Market Share Analysis, by Axis, 2022 and 2031

Figure 13: Global Motion Control Drive Market, Incremental Opportunity, by Axis, 2022-2031

Figure 14: Global Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017-2031

Figure 15: Global Motion Control Drive Market Share Analysis, by Precision, 2022 and 2031

Figure 16: Global Motion Control Drive Market, Incremental Opportunity, by Precision, 2022-2031

Figure 17: Global Motion Control Drive Market Projections by End-use, Value (US$ Bn), 2017-2031

Figure 18: Global Motion Control Drive Market Share Analysis, by End-use, 2022 and 2031

Figure 19: Global Motion Control Drive Market, Incremental Opportunity, by End-use, 2022-2031

Figure 20: Global Motion Control Drive Market Projections by Region, Value (US$ Bn), 2017-2031

Figure 21: Global Motion Control Drive Market Share Analysis, by Region, 2022 and 2031

Figure 22: Global Motion Control Drive Market, Incremental Opportunity, by Region, 2022-2031

Figure 23: North America Motion Control Drive Market Value & Forecast, Value (US$ Bn), 2017-2031

Figure 24: North America Motion Control Drive Market Value & Forecast, Y-O-Y, Value (US$ Bn), 2017-2031

Figure 25: North America Motion Control Drive Market Value & Forecast, Volume (Million Units), 2017-2031

Figure 26: North America Motion Control Drive Market Value & Forecast, Y-O-Y, Volume (Million Units), 2017-2031

Figure 27: North America Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017-2031

Figure 28: North America Motion Control Drive Market Share Analysis, by Type, 2022 and 2031

Figure 29: North America Motion Control Drive Market, Incremental Opportunity, by Type, 2022-2031

Figure 30: North America Motion Control Drive Market Projections by Product Type, Value (US$ Bn), 2017-2031

Figure 31: North America Motion Control Drive Market Share Analysis, by Product Type, 2022 and 2031

Figure 32: North America Motion Control Drive Market, Incremental Opportunity, by Product Type, 2022-2031

Figure 33: North America Motion Control Drive Market Projections by Axis, Value (US$ Bn), 2017-2031

Figure 34: North America Motion Control Drive Market Share Analysis, by Axis, 2022 and 2031

Figure 35: North America Motion Control Drive Market, Incremental Opportunity, by Axis, 2022-2031

Figure 36: North America Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017-2031

Figure 37: North America Motion Control Drive Market Share Analysis, by Precision, 2022 and 2031

Figure 38: North America Motion Control Drive Market, Incremental Opportunity, by Precision, 2022-2031

Figure 39: North America Motion Control Drive Market Projections by End-use, Value (US$ Bn), 2017-2031

Figure 40: North America Motion Control Drive Market Share Analysis, by End-use, 2022 and 2031

Figure 41: North America Motion Control Drive Market, Incremental Opportunity, by End-use, 2022-2031

Figure 42: North America Motion Control Drive Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031

Figure 43: North America Motion Control Drive Market Share Analysis, by Country and Sub-region 2022 and 2031

Figure 44: North America Motion Control Drive Market, Incremental Opportunity, by Country and Sub-region, 2022-2031

Figure 45: Europe Motion Control Drive Market Value & Forecast, Value (US$ Bn), 2017-2031

Figure 46: Europe Motion Control Drive Market Value & Forecast, Y-O-Y, Value (US$ Bn), 2017-2031

Figure 47: Europe Motion Control Drive Market Value & Forecast, Volume (Million Units), 2017-2031

Figure 48: Europe Motion Control Drive Market Value & Forecast, Y-O-Y, Volume (Million Units), 2017-2031

Figure 49: Europe Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017-2031

Figure 50: Europe Motion Control Drive Market Share Analysis, by Type, 2022 and 2031

Figure 51: Europe Motion Control Drive Market, Incremental Opportunity, by Type, 2022-2031

Figure 52: Europe Motion Control Drive Market Projections by Product Type, Value (US$ Bn), 2017-2031

Figure 53: Europe Motion Control Drive Market Share Analysis, by Product Type, 2022 and 2031

Figure 54: Europe Motion Control Drive Market, Incremental Opportunity, by Product Type, 2022-2031

Figure 55: Europe Motion Control Drive Market Projections by Axis, Value (US$ Bn), 2017-2031

Figure 56: Europe Motion Control Drive Market Share Analysis, by Axis, 2022 and 2031

Figure 57: Europe Motion Control Drive Market, Incremental Opportunity, by Axis, 2022-2031

Figure 58: Europe Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017-2031

Figure 59: Europe Motion Control Drive Market Share Analysis, by Precision, 2022 and 2031

Figure 60: Europe Motion Control Drive Market, Incremental Opportunity, by Precision, 2022-2031

Figure 61: Europe Motion Control Drive Market Projections by End-use, Value (US$ Bn), 2017-2031

Figure 62: Europe Motion Control Drive Market Share Analysis, by End-use, 2022 and 2031

Figure 63: Europe Motion Control Drive Market, Incremental Opportunity, by End-use, 2022-2031

Figure 64: Europe Motion Control Drive Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031

Figure 65: Europe Motion Control Drive Market Share Analysis, by Country and Sub-region 2022 and 2031

Figure 66: Europe Motion Control Drive Market, Incremental Opportunity, by Country and Sub-region, 2022-2031

Figure 67: Asia Pacific Motion Control Drive Market Value & Forecast, Value (US$ Bn), 2017-2031

Figure 68: Asia Pacific Motion Control Drive Market Value & Forecast, Y-O-Y, Value (US$ Bn), 2017-2031

Figure 69: Asia Pacific Motion Control Drive Market Value & Forecast, Volume (Million Units), 2017-2031

Figure 70: Asia Pacific Motion Control Drive Market Value & Forecast, Y-O-Y, Volume (Million Units), 2017-2031

Figure 71: Asia Pacific Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017-2031

Figure 72: Asia Pacific Motion Control Drive Market Share Analysis, by Type, 2022 and 2031

Figure 73: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Type, 2022-2031

Figure 74: Asia Pacific Motion Control Drive Market Projections by Product Type, Value (US$ Bn), 2017-2031

Figure 75: Asia Pacific Motion Control Drive Market Share Analysis, by Product Type, 2022 and 2031

Figure 76: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Product Type, 2022-2031

Figure 77: Asia Pacific Motion Control Drive Market Projections by Axis, Value (US$ Bn), 2017-2031

Figure 78: Asia Pacific Motion Control Drive Market Share Analysis, by Axis, 2022 and 2031

Figure 79: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Axis, 2022-2031

Figure 80: Asia Pacific Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017-2031

Figure 81: Asia Pacific Motion Control Drive Market Share Analysis, by Precision, 2022 and 2031

Figure 82: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Precision, 2022-2031

Figure 83: Asia Pacific Motion Control Drive Market Projections by End-use, Value (US$ Bn), 2017-2031

Figure 84: Asia Pacific Motion Control Drive Market Share Analysis, by End-use, 2022 and 2031

Figure 85: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by End-use, 2022-2031

Figure 86: Asia Pacific Motion Control Drive Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031

Figure 87: Asia Pacific Motion Control Drive Market Share Analysis, by Country and Sub-region 2022 and 2031

Figure 88: Asia Pacific Motion Control Drive Market, Incremental Opportunity, by Country and Sub-region, 2022-2031

Figure 89: Middle East & Africa Motion Control Drive Market Value & Forecast, Value (US$ Bn), 2017-2031

Figure 90: Middle East & Africa Motion Control Drive Market Value & Forecast, Y-O-Y, Value (US$ Bn), 2017-2031

Figure 91: Middle East & Africa Motion Control Drive Market Value & Forecast, Volume (Million Units), 2017-2031

Figure 92: Middle East & Africa Motion Control Drive Market Value & Forecast, Y-O-Y, Volume (Million Units), 2017-2031

Figure 93: Middle East & Africa Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017-2031

Figure 94: Middle East & Africa Motion Control Drive Market Share Analysis, by Type, 2022 and 2031

Figure 95: Middle East & Africa Motion Control Drive Market, Incremental Opportunity, by Type, 2022-2031

Figure 96: Middle East & Africa Motion Control Drive Market Projections by Product Type, Value (US$ Bn), 2017-2031

Figure 97: Middle East & Africa Motion Control Drive Market Share Analysis, by Product Type, 2022 and 2031

Figure 98: Middle East & Africa Motion Control Drive Market, Incremental Opportunity, by Product Type, 2022-2031

Figure 99: Middle East & Africa Motion Control Drive Market Projections by Axis, Value (US$ Bn), 2017-2031

Figure 100: Middle East & Africa Motion Control Drive Market Share Analysis, by Axis, 2022 and 2031

Figure 101: Middle East & Africa Motion Control Drive Market, Incremental Opportunity, by Axis, 2022-2031

Figure 102: Middle East & Africa Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017-2031

Figure 103: Middle East & Africa Motion Control Drive Market Share Analysis, by Precision, 2022 and 2031

Figure 104: Middle East & Africa Motion Control Drive Market, Incremental Opportunity, by Precision, 2022-2031

Figure 105: Middle East & Africa Motion Control Drive Market Projections by End-use, Value (US$ Bn), 2017-2031

Figure 106: Middle East & Africa Motion Control Drive Market Share Analysis, by End-use, 2022 and 2031

Figure 107: Middle East & Africa Motion Control Drive Market, Incremental Opportunity, by End-use, 2022-2031

Figure 108: Middle East & Africa Motion Control Drive Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031

Figure 109: Middle East & Africa Motion Control Drive Market Share Analysis, by Country and Sub-region 2022 and 2031

Figure 110: Middle East & Africa Motion Control Drive Market, Incremental Opportunity, by Country and Sub-region, 2022-2031

Figure 111: South America Motion Control Drive Market Value & Forecast, Value (US$ Bn), 2017-2031

Figure 112: South America Motion Control Drive Market Value & Forecast, Y-O-Y, Value (US$ Bn), 2017-2031

Figure 113: South America Motion Control Drive Market Value & Forecast, Volume (Million Units), 2017-2031

Figure 114: South America Motion Control Drive Market Value & Forecast, Y-O-Y, Volume (Million Units), 2017-2031

Figure 115: South America Motion Control Drive Market Projections by Type, Value (US$ Bn), 2017-2031

Figure 116: South America Motion Control Drive Market Share Analysis, by Type, 2022 and 2031

Figure 117: South America Motion Control Drive Market, Incremental Opportunity, by Type, 2022-2031

Figure 118: South America Motion Control Drive Market Projections by Product Type, Value (US$ Bn), 2017-2031

Figure 119: South America Motion Control Drive Market Share Analysis, by Product Type, 2022 and 2031

Figure 120: South America Motion Control Drive Market, Incremental Opportunity, by Product Type, 2022-2031

Figure 121: South America Motion Control Drive Market Projections by Axis, Value (US$ Bn), 2017-2031

Figure 122: South America Motion Control Drive Market Share Analysis, by Axis, 2022 and 2031

Figure 123: South America Motion Control Drive Market, Incremental Opportunity, by Axis, 2022-2031

Figure 124: South America Motion Control Drive Market Projections by Precision, Value (US$ Bn), 2017-2031

Figure 125: South America Motion Control Drive Market Share Analysis, by Precision, 2022 and 2031

Figure 126: South America Motion Control Drive Market, Incremental Opportunity, by Precision, 2022-2031

Figure 127: South America Motion Control Drive Market Projections by End-use, Value (US$ Bn), 2017-2031

Figure 128: South America Motion Control Drive Market Share Analysis, by End-use, 2022 and 2031

Figure 129: South America Motion Control Drive Market, Incremental Opportunity, by End-use, 2022-2031

Figure 130: South America Motion Control Drive Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031

Figure 131: South America Motion Control Drive Market Share Analysis, by Country and Sub-region 2022 and 2031

Figure 132: South America Motion Control Drive Market, Incremental Opportunity, by Country and Sub-region, 2022-2031

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