Market Driven by Pent Up Demand for Capital Equipment
This study is a comprehensive, in-depth analysis of the General Motion Control (GMC) market, including market size and segmentation, market forecast, industry structure, and supplier market shares and profiles. Each GMC system includes three functional elements: motion controller, drive, and motor.
The market for GMC systems was driven by the strong demand for production machinery across all sectors of the market. However, one of the bigger developments is the increased use of GMC systems for general robotics applications. Many GMC suppliers are adding robotic arm solutions to their product offerings such that manufacturers are seeking a single supplier control product throughout the manufacturing environment. Several dominant industries drove the market intensely in 2010. The semiconductor, automotive and machinery industries combined to drive this recovery. Specifically, the semiconductor industry had a tremendous uptick in capital spending in both the front end and back end operations. Motion control companies that have specialized in this industry experienced more than 100 percent growth in their business.
Growth in the GMC market will be driven by an increasing demand for finished goods. Manufacturing companies will face challenges to raise productivity, lower product costs, reduce operating expenses, and increase return on investment in order to remain competitive globally.
This study identifies growth segments and market trends, as well as challenges suppliers face to achieve growth in a very fragmented market landscape. In addition to the quantitative assessment, this study provides an insightful analysis that will impact this business in the future.
Strategic Issues
Automation is increasingly more vital as manufacturers continue to face challenges to compete in the global economy. This scenario creates immense opportunities for all GMC suppliers. However, the automation market dynamics for suppliers also remain extremely competitive. The challenge in the market landscape is how GMC suppliers can differentiate themselves. This study will help to offer strategies, such as:
- Which regional markets to target
- Which support services to offer
- How to create opportunities based on long-term trends
- How to form intimate relationships with OEM machine builders
