According to a new report from Markets & Markets, the motion control market is expected to grow to an impressive 22.84 billion dollars by 2022, seeing an annual growth rate of 5.5% between 2016 and 2022. Four factors are credited with the growth of the market:
Adoption of advanced and automated processes for factory automation
Smart factories are the wage of the present — or maybe the future. Rexroth is demonstrating the practical application of Industry 4.0 processes in its facilities all over the world (and taking its show on the road, too), so it’s no surprise to us that demand is growing.
Safety-enabled productivity in industries
Increasing safety in newer machinery is one of the good reasons for upgrading. As manufacturing becomes more demanding and has fewer human workers to meet those demands, safety has to be on everyone’s mind. Consumers are also becoming more demanding about safety and human responsibility. And of course reshoring is bringing safety issues back into our own backyards.
Increasing demand for industrial robots in manufacturing processes
Automation is on the rise, and so is the use of robots. This is a global trend, but we’re seeing it in the U.S. as well. Collaborative robots, robots with learning capability, and smaller, more versatile robots are especially popular among new consumers of industrial robots. Industrial motion control is a key factor in this market.
Ease of use and integration of components within motion control systems
Manufacturers want to be able to control their machinery with a tablet and a friendly human interface. They’d also like to be able to use the same machinery for a number of different purposes, in the smallest possible space. For many companies that are on the fence about installing, extending, or upgrading their automation, this is a must-have.
Missing from this year’s list: environmentally responsible machinery. We’ve been seeing the green demands for a while, so they may have been satisfied… or this may be a change in the wind.
If it’s time for you to upgrade, we can help. If you’re sticking with your legacy Rexroth machinery for a while, we can help make sure those components keep doing their jobs.