LONDON, Feb. 23, 2016 /PRNewswire/ -- The research service describes the trends in the global motion controllers market. It provides a detailed insight into the future of this market and the prospects for growth. The market drivers and restraints have also been discussed. The study provides market revenue forecasts for the numerous industry verticals. The effect of the market fluctuations from 2011 to 2013 and that of the current market situation on the forecasted period has been presented comprehensively. The market has been broadly segmented based on product types, geographical regions, and end-user industries. Forecast is given for each market segment.
The global motion controllers market generated a revenue of $ Billion in 2014 at a growth rate of %. With a steady demand across end users, the compound annual growth rate (CAGR) is expected to be % from 2014 to 2019.
Sale of motion controllers as a stand-alone component is expected to decline due to the increasing trend of its integration with the automation system, which is capable of handling multiple operations along with motion controlling.
Continuous investments are being made in the automotive and food and beverage end-user industries, especially in the developing economies such as India, Brazil, Indonesia, and China, thereby increasing the demand for motion controllers.
The global motion controllers market is expected to generate a revenue of $ Billion by the end of 2019.
-Is the global motion controllers market growing, how long will it continue to grow, and at what rate?
-What are the key factors that will drive growth of the motion controllers market across the globe?
-What are the restraints faced by market participants? What is the expected impact?
-Which are the major end-user industries for motion controllers? How are they expected to grow during the forecast period?
-Which type of motion controller is expected to have strong growth in adoption? What is the market share of the different types of motion controllers?
-Who are the important industry participants? What are their relative positions in the global motion controllers market?
-Are the products/services offered currently meeting customer needs or is additional development needed?
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