Thursday 9 April 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global Advanced Motion Controller Market: ABB Group, Bosch Rexroth, Rockwell Automation and Siemens AG.
Other Prominent Vendors in the market are: Lenze, Omron, Rockwell Automation and Schneider Electric.
Commenting on the report, an analyst from the report's team said: “Recent advances in the automotive sector have led to increased usage of drives in the manufacturing of vehicles. The Automotive industry is in a phase where more and more electrical drives and controllers are being used to meet customer demands for improved safety features. The high degree of flexibility of advanced drive systems combined with the potential benefits they deliver has led to an increase in their usage in this industry.”
According to the report, modernization in the manufacturing process with the use of innovative processes and artificial intelligence has led to a rise in demand for advanced motion controllers in the Process and Material Handling industries. With advances in technology infrastructure in manufacturing units mainly to automate and enhance productivity there is great scope for the growth of the Global Advanced Motion Controller market.
Further, the report states that the global recession and the European economic crisis have had a negative impact on the Global Advanced Motion Controller market with end-users hesitating to make high investments to purchase new equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.