Motion control market finished strong in 2011
The Motion Control Association reported that orders for motion control products increased 17.7% in 2011 and overall gains increased 4% over 2010.
Orders for motion control products jumped 17.7% in 2011, according to new statistics released by the Motion Control Association (MCA), the industry’s global trade group. Gains also occurred in the fourth quarter, rising 4% over the same period in 2010.
“2011 results were the best we’ve seen since MCA began tracking industry statistics back in 2006 (beginning with 2005 data). We show double-digit growth across all product categories that MCA tracks, including motion controllers, electronic and AC drives, motors, actuators and mechanical systems, sensors, and other ancillary components,” said Dana Whalls, Vice President of MCA.
“2011 is the second year in a row of double-digit growth and a stark contrast to 2009, when the motion control market contracted by nearly one-third because of the Great Recession,” said Paul Kellett, MCA’s Director of Market Analysis. “The continuing recovery in the broader economy helped drive continued strength in the motion control market.”
MCA summarizes market results in quarterly tracking reports and trend analysis reports. These reports examine orders and shipments by major product category quarterly and annually. Growth rates and book to bill ratios are provided for each product category. MCA also provides an economic indicator report, which enables report users to interpret quarterly statistics from the standpoint of macro-economic indicators by individual manufacturing industry, as identified by the North American Industry Classification System (NAICS).
Motion Control Association (MCA)
- Edited by Chris Vavra, Control Engineering, www.controleng.com
See more on motors, drives, and motion control at controleng.com/motors
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey