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Global Motion Control Sensors Market to Grow at a CAGR of 4.24% During 2017-2021 - Honeywell International, Ifm Efector, OMRON, Schneider Electric, SICK


Albany, NY -- (SBWIRE) -- 08/02/2017 -- Motion control sensors are used to monitor the overall presence and movement of products in a process line and provide feedback to the controller, which then controls the movement of motors. Motion control devices are used in the process and discrete industries across various industrial applications, such as inspection, assembly lines, packaging, fabrication, material handling, and metal cutting. The major driver for the global motion control sensors market is the increasing need for industrial automation and process control, which are leveraged by using motion control devices.

The global motion control sensors market to grow at a CAGR of 4.24% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global motion control sensors market for 2017-2021. To calculate the market size, the report considers new installations and sales value.

The market is divided into the following segments based on geography:
- Americas

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Technavio's report, Global Motion Control Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Honeywell International
- ifm efector
- Schneider Electric

Other prominent vendors
- Turck
- FUTEK Advanced Sensor Technology
- AMETEK Sensors, Test & Calibration
- igm
- Makersan
- Soway

Market driver
- Increasing need for advanced motion control systems
- For a full, detailed list, view our report

Market challenge
- High maintenance and replacement expenses
- For a full, detailed list, view our report

Market trend
- Increased need for IIoT in motion control sensors
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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