Motion Control Marketplace Seeing Growth
2016-12-01, Industrial Equipment News:
The year-to-date growth has been driven primarily by strong increases in actuators/mechanical systems, electronic drives and motion controllers.
Global shipments for motion control products increased by five percent to $2.4 billion in the first nine months of 2016, according to new statistics released by the Motion Control & Motor Association (MCMA).
“After a contraction in 2015, it is encouraging to see a return to growth for the motion control market in 2016,” said Alex Shikany, MCMA Director of Market Analysis. “The year-to-date growth has been driven primarily by strong increases in actuators/mechanical systems (14 percent to $423 million), electronic drives (12 percent to $451 million), and motion controllers (six percent to $119 million)…
Read the full story at IEN here.