LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global programmable multi-axis motion controller market to grow at a CAGR of more than 8% during the period 2018-2022, according to their latest report.
The advent of digital multi-axis controllers is one of the major trends being witnessed in the market. The ongoing developments in the architecture of industrial machinery have enhanced accuracy and performance for repeatable tasks. This, in turn, has created a huge room for devices that can integrate with traditional axis positioning. The digital motion controller is one such device that acts as a modern solution for axis control in machines and systems. They can be PC programmed with the help of software to manage position, velocity, or force of any electrohydraulic axis to improve motion performance and simplify automation architecture, and can be interfaced with fieldbus, the machine main control unit.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
In this report, Technavio analysts highlight the growing adoption of EtherCAT and other digital buses as a key factor contributing to the growth of the global programmable multi-axis motion controller market:
Growing adoption of EtherCAT and other digital buses drives growth
EtherCAT (Ethernet for Control Automation Technology) is a MAC layer protocol and is transparent to any higher-level Ethernet protocols such as TCP/IP, UDP, and Web server. It uses a unique approach known as “processing on the fly,” wherein the data is directly processed while passing through the device because of which, the operating speed of EtherCAT is much higher than other protocols. This principle of “processing on the fly” also permits flexibility in topology and provides real-time data.
According to a senior analyst at Technavio for automation, “Unlike other Industrial Ethernet protocols, in EtherCAT, the master sends out a single message with data for all nodes. The message transmits to a following node while data is processed by the previous node. In this way, it maximizes the use of the available bandwidth, offering increased speed. Additionally, EtherCAT does not require the use of external switches or routers. EtherCAT devices use an embedded switch.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Programmable multi-axis motion controller - market segmentation
This market research report segments the global programmable multi-axis motion controller market into the following applications (machine tools, semiconductor equipment, packaging and labeling machinery, and material handling equipment) and key regions (the Americas, APAC, and EMEA). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the four major applications, the machine tools segment held the largest market share in 2017, accounting for over 35% of the market. This application will dominate the market throughout the forecast period.
In 2017, the market in APAC accounted for a significant share of approximately 43% of the overall market revenue. The market in APAC is expected to grow steadily during the forecast period.
Save big with Technavio this May!
Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all non-alcoholic beverages reports for the entire month.
Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.