Servos control motion market growth

Rapidly growing servo products sector accounts for 80% of the total motion-control market.

05/28/2008


Wellingborough, UK IMS Research estimates that the global market for general purpose motion controls increased by over $480 million between 2006 and 2007, reaching an estimated value of $6.2 billion. While this growth is considerably less than 13.4% in 2006, it remains significantly higher than that of general industry. This is due mainly to the rapidly increasing market for servo products, which currently accounts for 80% of the total motion control market.
The growth of the Asia Pacific market for servo products remains primarily dictated by the growth of industry, particularly in developing regions such as China and India. However, the Western markets of EMEA and Americas are also impacted by the spread of high functionality servo products into mid-range and low-end applications.”
Increasing levels of factory automation have provided a major growth stimulus for the European and American motion control market over the last few years. However, more recently three key criteria have accelerated the uptake of these products into industrial machinery.
Firstly, the marketing of “user friendly” servo products, built for very specific applications, has led to a wide-spread perception that these products are easier to install and tune. This has broadened the potential market to include machine builders with limited experience of servo drives programming.
Secondly, the elimination of unnecessary functionality in products tailored for specific applications has been reflected in the prices. Since 2003 prices have fallen by up to 30% in some regions, increasing the feasibility of the servo solution.
Thirdly, increasing competition has encouraged many indigenous machine builders to make the transition from alternative technologies to customised servo products as a means of distinguishing their machinery as higher quality. These three criteria continue to help servo technology penetrate a wider variety of applications outside of the traditional high-end industries, and will remain one of the most significant contributor to the forecast 8.3% CAGR of the motion control market to 2012.
Also read: " Servo Motors Speed Up ."
Rob Carter , analyst, IMS Research
Edited by C.G. Masi , senior editor, Control Engineering Machine Control eNewsletter
Register here and scroll down to select your choice of eNewsletters free .





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Your leaks start here: Take a disciplined approach with your hydraulic system; U.S. presence at Hannover Messe a rousing success
Hannover Messe 2016: Taking hold of the future - Partner Country status spotlights U.S. manufacturing; Honoring manufacturing excellence: The 2015 Product of the Year Winners
Inside IIoT: How technology, strategy can improve your operation; Dry media or web scrubber?; Six steps to design a PM program
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Warehouse winter comfort: The HTHV solution; Cooling with natural gas; Plastics industry booming
Managing automation upgrades, retrofits; Making technical, business sense; Ensuring network cyber security
Designing generator systems; Using online commissioning tools; Selective coordination best practices

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

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me