Market Share of Motion Control Industry
The motion control market is highly competitive and consists of several major players. These major players with a prominent share in the market are expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. Some of the recent developments in the market are:
- December 2021 - ACS Motion Control has released two new products in the SPiiPlus series of EtherCAT-based motion controllers and motor drives. The CMxa and UDMxa are intended for micron to nanometer resolution applications and demand velocity control requirements standard in laser micromachining, metrology, inspection, alignment, and other high-precision industrial applications.
- November 2021 - STXI Motion, a global motion control and servo solution company, presented a range of low-voltage motion solutions for decentralized architecture at SPS 2021.
Motion Control Market Leaders
Siemens AG
Schneider Electric SE
Mitsubishi Electric Corporation
ABB Ltd.
Omron Corporation
*Disclaimer: Major Players sorted in no particular order
