Motion-Control Products to Grow 6% in 2014

16 December 2014

After declining for two straight years, revenues from the sales of motion-control products are forecast to grow over 6 percent in 2014 to $12.2 billion according to the latest IHS study on the market for motion controls. Still, this would leave the market about 4 percent below the previous peak reached in 2011.

As defined by IHS, the market for motion controls includes general motion control (GMC) and computer numerical control (CNC) servo motors, servo drives, and position control hardware. Note that DC brushless motors are excluded from the scope of this research. Market revenues reached a record high in 2011 following two years of growth in excess of 20 percent. In 2012, the motion-control market suffered from the poor economic situation in the Eurozone, a weak semiconductor market in Japan and the fallout from overproduction in China, causing global market revenues to decline 7.8 percent. Conversely, the American market provided a bright spot for geared products, growing 6.0 percent in 2012....Read More

Related links:

IHS Industrial, Security & Medical Technology

News articles:

Fujitsu Targets Industrial Market with FRAM Chip

U.S. Manufacturers Riding Growth Into 2015

OLED Lighting Gaining Ground on Inorganic LEDs

Audiovisual Ethernet Heads for the Industrial Market

Embedded LED Enables Contact Lens Display

Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter
Find Free Electronics Datasheets