Controller – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.
The Global Motion Controller Market accounted for $1,506.09 million in
2017 and is expected to reach $3,211.34 million by 2026 growing at a
CAGR of 9% during the forecast period.
The increasing demand for plant automation to achieve greater equipment
efficiency, increased throughput and optimized process accuracy are some
of the factors driving the market growth.
Based on end-user, the semiconductor and electronics segment held the
dominant share in the market and is estimated to increase at a healthy
pace over the forecast period.
By type of axis, the multi axis controllers segment is expected to grow
a significant CAGR as it offers very low power consumption featured
through the use of centralized power units.
For more information about this report visit https://www.researchandmarkets.com/research/9lklv2/motion?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005351/en/