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Overview of the global motion control sensors market
The increasing application of non-contact type motion control sensors will be one of the key motion control sensors market drivers in the coming years. Non-contact type motion sensors such as proximity sensors are gaining a huge demand in applications such as printing, labeling, and material handling because they do not require any close contact with products or goods. The adoption of non-contact type motion control sensors will continue to increase because they last longer and can be reused for an extensive period. In addition, non-contact type motion control sensors are also used for measuring the fluid level in the chemical and oil and gas industries. The motion control sensors market report predicts the market to grow at a CAGR of more than 4% during the forecast period.
APAC is witnessing an increase in the industrial activity. This will boost the demand for precise motion control systems in applications such as material handling, robotics, semiconductor machinery, packaging and labeling, and rubber and plastics molding machinery during the estimated period. The market will continue to grow in the region since motion control systems reduce the cost of labor and also improve the overall productivity of industries.
The motion control sensors market is fragmented and is characterized by the presence of global as well as regional vendors. The existing small, medium, and large multi-national players are increasingly offering different technologies in motion control sensors across end-user industries. Additionally, they are also providing customization and specific solution requirements for end-users.
According to this motion control sensors market analysis, the key vendors in this market are -
Other prominent vendors in the market include KEYENCE, Turck, FUTEK Advanced Sensor Technology, AMETEK Sensors, Test & Calibration, igm, Makersan, and Soway.
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Position and displacement sensors are used to measure the position of an object, product, or the shaft position. This segment accounted for the maximum shares during 2016 because these sensors are immune to disturbances such as electromagnetic field, high voltage, and lightning. The adoption of position and displacement sensors will continue to increase until the end of 2021 because they are used for various applications such as material handling, robotics, machine tools, metal fabrication, and inspection.
The incorporation of robots enables the performance of complex tasks with higher accuracy, speed, and precision. The adoption of robotics will increase in the coming years due to the rising focus on the improvement of industrial production processes with higher precision and can be used in harsh environments where human intervention is not possible.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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