Market Share of Safety Motion Control Industry
The safety motion control market is highly fragmented. The increasing number of players are boosting their share of the motion control drive market through strategic mergers and acquisitions and partnerships with several small players. Some of the key players in the market include Rockwell Automation Inc., ABB Ltd, Schneider Electric SE, Mitsubishi Electric Corporation, General Electric Co., SICK Group, and Siemens AG.
- Jan 2020 - Rockwell Inc announced the launch of new motor protection circuit breakers that offer space, time, and cost savings. The circuit breakers are enabled by UL approval for use in group installation. This type of installation can reduce panel space, installation and wiring time, and overall costs, by eliminating the need for individual branch shortcircuit protective devices for each motor circuit.
- May 2019 - Mitsubishi Electric Automation introduces interactive cycle insertion screens compatible with Renishaw GoProbe Macros on M8 series CNC Controls.
Safety Motion Control Market Leaders
Rockwell Automation Inc.
ABB Ltd
Schneider Electric SE
Mitsubishi Electric Corporation
General Electric Co.
*Disclaimer: Major Players sorted in no particular order
