Demand for Motion Control Technology in Gaming Industry to Create US$ 25 Bn Incremental Opportunity by 2026
Thursday, October 21, 2021
- Fact.MR's incisive coverage on the global motion control market provides readers with 360-degree overview of the growth trajectory. The study reveals vital information regarding growth drivers, opportunities, and trends across key segments of the market, including component type, end-use, technology, and application over the forthcoming decade.
NEW YORK, Oct. 13, 2021 /PRNewswire/ -- Fact.MR projects the motion control market to exhibit 5% CAGR between 2021 and 2031. Sales of motion control are expected to total US$ 19.5 Bn through 2021 and beyond. Increasing application of motion control systems across diverse end-use industries such as electronics, automotive, and manufacturing will continue to drive the sales.
https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg
Historically, the market grew at 4% CAGR during 2016 and 2020. Sales of motion control systems toped US$ 18.6 Bn by 2020-end. Steered by COVID-19 outbreak, the demand for gaming equipment and controllers soar.
With the increasing adoption of gaming equipment and products, adoption of motion control systems is accelerated. As the popularity of gaming products such as Play Station increased, key players increased their focus on integration of advanced technology such as artificial intelligence to introduce new products.
For instance, in June 2021, a leading player in gaming industry, Nintendo Wii launched a new version of Legend of Zelda, which is equipped with advanced motion control systems for better gaming experience.
Increasing demand for automation in manufacturing, automotive, and construction industry also has resulted in high demand for motion controlled industrial equipment for improved efficiency. Hence, market players are integrating motion control systems with cutting-edge technologies such as industrial internet of things (IIoT) to cater the dynamic requirements of various industries.
On the backdrop of this, Fact.MR projects sales of motion control to surpass the valuation of over US$ 30.5 Bn during the forecast period.
"Increasing need for improved efficiency, automation, and precision in manufacturing, automotive, electronics, and construction industries, key players are compelled to adopt advanced technologies such as artificial intelligence, big data analytics, and IIoT to capitalize on this opportunity, creating lucrative revenues over the forecast period," says a Fact.MR analyst.
For More Information On How To Improve Your Motion Control Market Footprint, Request A Sample Here
https://www.factmr.com/connectus/sample?flag=S&rep_id=335
Key Takeaways from Motion Control Market Survey
-- AC servo segment is expected to dominate in terms of component type,
surpassing US$ 2.4 Bn through 2021
-- In terms of application, metal cutting segment will register highest
revenue growth, exceeding US$ 2 Bn by 2031
-- Based on technology type, computer numerical control segment will lead
the market growth reaching valuation of over US$ 4 Bn by 2026
-- Asia is expected to be one of the most lucrative markets, with China
projected to remain at the fore
-- Germany is expected to dominate the Europe motion control market
-- The U.S. will lead North America motion control market, with the market
expanding at 5% CAGR across North America in 2031
Key Drivers
-- Increasing adoption of motion control systems within food & beverage and
manufacturing industries to comply with stringent safety regulations
implemented by various governments will boost the market
-- Surging need for automation and robotic tools in the manufacturing and
automotive industries will spur the market growth
-- Integration of advanced technologies such as industrial internet of
things (IIoT) in motion control systems will aid the adoption within
construction and automotive industries
Key Restraints
-- Due to high replacement and maintenance cost, end users are reluctant to
invest in motion-control technology. This might hamper the sales.
-- Dearth of skilled workforce in the automation field and low-cost design
motion control systems are likely to act as a challenge for market
players.
Ask Your Motion Control Market Related Questions & Get Customized Reports:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=335
Competitive Landscape
Driven by the presence of numerous leading players, competition in the market is expected to be remain high. Key players are therefore focusing on new product launches in order to gain competitive edge.
Also, leading players are investing in product development and research activities to establish their strong foothold. Adoption of expansion strategies such as mergers, acquisitions, and collaboration with other key players is on the cards. For instance,
-- In July 2021, Novanta Inc. a global technology partner to medical and
advanced technology equipment manufacturers announced the acquisition of
Schneider Electric Motion USA for US$ 115 million.
-- In May 2021, XD Motion announced the launch of its new motion-control
robotic camera system, Arcam, for its broadcast application features as
a six-axis robotic arm.
-- In 2020, Motion Industries Inc., a global distributor of maintenance,
repair, and operation replacement parts and a wholly owned subsidiary of
Genuine Parts Co. announced the acquisition of Applied Machine and
Motion Control Inc. in September.
Some of the leading market players operating in the motion control market profiled by Fact.MR are:
-- YASKAWA Electric Corporation
-- Fanuc Corporation
-- Rockwell Automation Inc.
-- Mitsubishi Electric Corporation
-- Performance Motion Devices Inc.
-- Microsoft Corporation Inc.
-- Robert Bosch GmbH
-- Siemens AG
-- ABB Ltd
-- Schneider Electric S.E
-- Moog Inc.
-- Parker-Hannifin Corp.
-- Others
More Valuable Insights on Motion Control Market
Fact.MR, in its new report, offers an unbiased analysis of the global motion control market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in motion control market with detailed segmentation:
By Component Type:
-- Motion Controllers
-- AC Drives
-- AC Servo Motors
-- Sensors & Feedback Services
-- Actuator & Mechanical Systems
-- Others
By End Use:
-- Food & Beverage
-- Plastics & Rubbers
-- Electrical & Electronics
-- Paper & Printing
-- Fabricated Metal Manufacturing
-- Packaging & Labelling
-- Automotive
-- Construction
-- Machinery
-- Other End Uses
By Technology:
-- Computer Numerical Control
-- General Motion Control
By Application:
-- Metal Cutting
-- Metal Forming
-- Material Handling Equipment
-- Robotics
-- Semiconductor Machinery
-- Rubber & Plastics
-- Machinery
-- Other Applications
Key Questions Covered in the Motion Control Market Report
-- The market survey also highlights projected sales growth for motion
control market between 2021 and 2031
-- The report offers insight into motion control demand outlook for
2021-2031
-- Motion control market share analysis of the key companies within the
industry and coverage of strategies such as mergers & acquisitions,
collaborations or partnerships, and others
-- Motion control market analysis identifies key growth drivers,
restraints, and other forces impacting prevailing trends and evaluation
of current market size and forecast and technological advancements
within the industry
Explore Fact.MR's Coverage on the Automotive Domain
Driver Alert System Market - Manufacturers of driver alert systems are focusing on understanding drivers' well-being while driving vehicles. As a result, cameras and sensors are widely used to prevent road accidents caused by fatigue and drowsiness. A growing number of small to medium-sized vehicles are equipped with advanced features such as driver alert systems. These features are more common in high-end vehicles.
Electric Parking Brake Market - Electric parking brakes, as opposed to conventional parking brakes, are built into the vehicle's drivetrain. Manufacturers of electric parking brakes are collaborating with automotive manufacturers to develop EPB (Electric Parking Brake) systems. EPB will benefit from a low-cost solution as a result of this. The demand for electric parking brakes in the United States is expected to skyrocket, with a potential CAGR from 2021 to 2031.
Vehicle Roadside Assistance Market - The growing demand for vehicle connectivity solutions such as weather alerts, road safety alerts, and other solutions is assisting in the growth of the vehicle roadside assistance market. The rising demand for vehicle safety and assistance solutions, combined with advanced automobile manufacturing units, is driving the North American vehicle roadside assistance market demand.
About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, chemical and materials, to even the most niche categories. 80% of Fortune 1000's trust us in critical decision making.
MarketNgage is powered by Fact.MR - our Unified Intelligence Engine, a revolutionary Market Research Subscription platform with a flexible pricing to suit your needs.
You can access all our Automotive research reports by signing up wit h MarketNgage's Market Research Subscription with FREE credits. MarketNgage is powered by Fact.MR - A Fully integrated research solution for seamless single-window access Widest coverage on emerging markets, nascent products, and disruptive technologies.
Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
View original content:https://www.prnewswire.com/news-releases/demand-for-motion-control-technology-in-gaming-industry-to-create-us-25-bn-incremental-opportunity-by-2026-301399468.html
SOURCE Fact.MR
|
|
|
|
|
 |
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Genpact Named a Leader in ISG Provider Lens(TM) 2025 for Insurance GCCs and Agentic AI Services | Jan 22, 2026
|
|
Marketing Evolution Announces New Investment Led by Insight Partners to Power AI-Ready Marketing Data for the Agentic Era | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
|
