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Motion Control Sensors Market to Grow at A CAGR of 4.24% During the Period 2017-2021

Press Release   •   Aug 01, 2017 01:23 EDT

The analysts forecast global motion control sensors market to grow at a CAGR of 4.24% during the period 2017-2021. Motion control sensors are used to monitor the overall presence and movement of products in a process line and provide feedback to the controller, which then controls the movement of motors. Motion control devices are used in the process and discrete industries across various industrial applications, such as inspection, assembly lines, packaging, fabrication, material handling, and metal cutting. The major driver for the global motion control sensors market is the increasing need for industrial automation and process control, which are leveraged by using motion control devices.

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Covered in this report

This report covers the present scenario and the growth prospects of the global motion control sensors market for 2017-2021. To calculate the market size, the report considers new installations and sales value.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

The report, Global Motion Control Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Honeywell International

ifm efector

OMRON

Schneider Electric

SICK

Other prominent vendors

KEYENCE

Turck

FUTEK Advanced Sensor Technology

AMETEK Sensors, Test & Calibration

igm

Makersan

Soway

Market driver

Increasing need for advanced motion control systems

For a full, detailed list, view our report

Market challenge

High maintenance and replacement expenses

For a full, detailed list, view our report

Market trend

Increased need for IIoT in motion control sensors

For a full, detailed list, view our report

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