中华工控网 > 工控新闻资讯 > 运动控制市场预计到2026年将实现5.5%年均增长

Motion Control Market Predicted For 5.5% CAGR Out To 2026

Motion control products are used in all industries, wherever precise, controlled movements are required. This diversity means that, while many industry sectors currently face an uncertain future, our predictions for the motion control market remain relatively positive for the mid-to long-term, with $19bn of sales predicted for 2026, up from $14.5bn in 2021.   


Major factors impacting growth 

The COVID-19 pandemic has had both a positive and a negative effect on the motion control market. On the positive side, there was an immediate boost in APAC, as many vendors in that region saw a significant expansion of markets as demand surged for the manufacture of pandemic products such as PPE and ventilators. A longer-term positive is the enhanced awareness of the need for more automation in factories and warehouses to future-proof production against further pandemics and solve the problem of labor shortages.


On the negative side, at the height of the pandemic, short-term growth was stifled by factory closures and social-distancing measures. Also, suppliers found themselves focusing their efforts on production rather than research and development, potentially hindering future growth. Digitalization – the drive to Industry 4.0 and the Internet of Things will continue to drive motion control sales, as will the sustainability agenda, which will likely open up new markets for motion control products in new energy industries such as the wind turbine and li-ion battery sectors.


So there is plenty to feel positive about, but let’s not forget the two big problems many industries are currently struggling with – supply issues and inflation. Semiconductor shortages have slowed down the production of drives, and shortages of rare earth metals and raw materials have affected motor production. Meanwhile, shipping costs have spiralled, and strong inflation will almost certainly cause people to think carefully about investment in automation products.


APAC leads the way

The relatively poor performance of the motion control market in 2020 led to reciprocal pressure in 2021 which inflated growth figures for that year. The post-covid rebound meant that total revenues grew from $11.9bn in 2020 to $14.5bn in 2021, representing a year-on-year market growth of 21.6%. APAC, notably China with its huge manufacturing and machinery production sectors, was the main driver behind this growth, accounting for 36% of global revenues ($5.17bn) and, not surprisingly, the region saw the highest growth – 27.4%.


Companies in the APAC region seemed better able to handle supply chain issues than their counterparts in other regions. But EMEA wasn’t far behind, generating motion control revenues of $4.47bn, making up 31% of the global market. The smallest region was Japan, with sales worth $2.16bn, accounting for a still not insignificant 15% of the global market. In terms of product type, servo motors led in 2021, with revenues of $6.51bn. Servo drives occupied the next largest market segment, generating revenues of $5.53bn.

亚太地区的公司似乎比其他地区的同行更能处理供应链问题。但欧洲、中东和非洲也不甘落后,产生了44.7亿美元的运动控制收入,占全球市场的31%。最小的地区是日本,销售额为 21.6亿美元,占全球市场的15%。在产品类型方面,伺服电机在2021年处于领先地位,收入为65.1亿美元。伺服驱动器占据第二大细分市场,创造了55.3 亿美元的收入。

$19bn sales predicted for 2026; up from $14.5bn in 2021

So where is the motion control market going from here? Clearly, we cannot expect the high growth seen in 2021 to be sustained, but concerns about over-ordering in 2021 leading to cancellations in 2022 have not materialised so far and respectable growth 0f 8-11% is predicted for 2022. There will be a slowdown from 2023 onwards, though, as the general outlook for manufacturing and machinery production declines. However, the longer-run picture between 2021 and 2026 will still see the total global market increase from $14.5bn to $19bn, equating to a global CAGR of 5.5%.

那么运动控制市场将何去何从?显然,我们不能指望2021年的高增长会持续下去,但对 2021年过度订购导致2022年取消的担忧迄今尚未成为现实,预计2022年将实现8-11% 的可观增长。不过,随着制造业和机械生产的总体前景下降,从2023年开始放缓。然而,从 2021年到2026年的长期情况,全球市场总额仍将从145亿美元增加到190亿美元,相当于全球复合年增长率为5.5%。

APAC, where the motion control market will see a CAGR of 6.6% over the forecast period, will continue to be the dominant driver. China is predicted to see its market size grow from $3.88bn in 2021 to $5.33bn in 2026, an increase of 37%. Recent events have caused some uncertainty in China though. China fared well in the early onset of the pandemic, and exports of motion control products grew owing to increased demand from countries where production was disrupted by the virus. But the region’s current zero-tolerance battle with the virus means lockdowns in major port cities such as Shanghai could still hold back the local and global motion control market. The possibility of further lockdowns in China in the near future is probably the single biggest uncertainty that the motion control market currently faces.


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