Safety Motion Control Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Safety Motion Control Market is segmented by Component (Drives, Motors), End-user Industry (Automotive, Energy & Power, Oil & Gas, Aerospace & Defense, Food & Beverage, Pharmaceuticals ), and Geography.

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Safety Motion Control Market Size

Safety Motion Control Market Size
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.65 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Safety Motion Control Market Key Players

*Disclaimer: Major Players sorted in no particular order
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Safety Motion Control Market Analysis

The safety motion control market was valued at USD 14.85 billion in 2020 and is expected to reach USD 21.99 billion by 2026, at a CAGR of 5.65% over the forecast period (2021 - 2026). The growing trend of automation, increasing adoption of digital technologies, and stringent government regulation regarding industry safety are some of the major factors driving the investment in the safety motion control market.

  • Major motion control products for automation solutions are motion controllers, drives, motors, and robotics. Motion control systems are being used to automate processes, and more companies are turning to robotics and conveyor systems to achieve higher efficiency margins in assembly and production. Therefore, various motors are used in these applications to control the process.
  • The ongoing trend in industrial automation and rules and regulations regarding energy reserves demands more safety motion control products. Vendors witnessed increasing investments in this arena via multiple product launches, acquiring IIoT software-based companies, and collaborations.
  • The increasing adoption of Industrial IoT(IIoT) and the growing number of smart factories are further expanding the growth of the market studied. Smart factories are becoming a significant adopter of safety motion control products, as safety products are the principal architect of smart factories. Besides, the industrial IoT further increased the need and demand for connected machines in the industries. These connected machines alone are not enough to accomplish pure digital transformation; hence, organizations are developing a seamless ecosystem of humans and machines, performing optimized, end-to-end processes.
  • Additionally, The increasing trend of warehouse automation and growth in trends, such as digital twin, edge computing, and predictive manufacturing, is also developing space for advanced safety motion control devices. Robots have become a major automation trend across the world. In advanced automotive manufacturing, robots have become a major component. Companies, like Amazon, are also heavily increasing, and robots, like collaborative robots, and AGVs are also becoming the center of attraction in the manufacturing industry.
  • COVID-19 pandemic has created an economic turmoil for small, medium, and large-scale industries worldwide. Additionally, the country-wise lockdown has further hit many manufacturing industries. This has fluctuated the demand for safety motion control devices across some sectors. However, the impact of the COVID-19 crisis forced the businesses to adhere to strict requirements to ensure the ongoing safety of their employees and their machines. As a result, the need for automation witnessed a sudden spike.

Safety Motion Control Market Trends

This section covers the major market trends shaping the Safety Motion Control Market according to our research experts:

Automotive Industry to Witness Huge Demand

  • The demand for safety motion control systems in the automotive industry has seen a marked increase due to the developments in the manufacturing and assembly processes of HCV’s and high-end motor vehicles.
  • High-end motion controllers are used in the automotive industry for controlling the movements of mechanical parts in the production process. Safety motion control systems are extensively used during the manufacturing of major components, like engines and driver assistance systems.
  • All the important automotive suppliers have been relying on motion control systems to optimize their production chains through actuators and robotic arms. Furthermore, assembling and maintenance processes are also witnessing increased adoption of safety motion control systems.
  • For instance, vehicle assembly (an exhaustive process requiring high levels of precision and throughput) has been using safety control systems widely for performing repetitive tasks for using minimal resources.
  • Moreover, the increase in the production of automobile vehicles is expected to drive the motion controller market. According to the Motion Control and Motor Association, the global motion control and the motor market experienced record growth in 2018, with USD 3.827 billion in shipments, increasing by 8% from 2017. The largest categories within the overall market were motors (40%), actuators and mechanical systems (19%), and electronic drives (17%).
  • Owing to the ongoing recession in automotive manufacturing was further hit by nation-wide lockdown, which could also result in a decrease in demand for some vendors for the short term. For instance, Germany-based Siemens AG’s orders for the Digital Industries segment declined from EUR 16,287 million, in 2018, to EUR 15,944 million in 2019, a decrease of 4%, largely as a result of weakened demand in the motion control and short-cycle factory automation businesses. To which company faced adverse market conditions during the fiscal year 2019, particularly in the automotive and machine-building industries. However, the crisis is also expected to create new opportunities and revenue streams in the market.
Safety Motion Control Market Trends

Asia-Pacific to Witness Fastest Growth

  • Due to the growing adoption of automation across the various end-user industries in the region, Asia-Pacific is emerging as one of the most significant safety motion control devices. The energy concern in the region is also increasing the adoption of advanced tools and motivating many companies to invest in machine safety devices, further driving the growth market.
  • The region is also a manufacturing hub for many global markets, and automation has become a major requirement in these facilities. Manufacturing is a major contributor to China's economy, and it is undergoing a rapid transformation. The country's industrial control system has emerged across various fields, like the energy, transportation, water, and municipal sectors. Due to the deep integration and rapid development of the IoT, the networked control system is becoming the development trend of industrial automation in China.
  • Additionally, Initiatives like industry 4.0 and 'Made in China 2025' in China, further fueled the market growth to ensure efficiency in the motor controls and aid in easy integration with advanced technologies.
  • Also, the emerging economies such as India offers vast potential for the studied market vendors. The country is regarded as a newly industrialized landscape due to increasing investment in advanced technologies, turning out to be a preferred manufacturing hub. The country plans to achieve 175 GW of installed renewable capacity, which includes solar and wind power by 2022, driving the market for machine condition monitoring and safety control. The country plans to derive 40% of the energy from renewable sources by 2030, at 15% at present.
Safety Motion Control Market Growth

Safety Motion Control Industry Overview

The safety motion control market is highly fragmented. The increasing number of players are boosting their share of the motion control drive market through strategic mergers and acquisitions and partnerships with several small players. Some of the key players in the market include Rockwell Automation Inc., ABB Ltd, Schneider Electric SE, Mitsubishi Electric Corporation, General Electric Co., SICK Group, and Siemens AG.

  • Jan 2020 - Rockwell Inc announced the launch of new motor protection circuit breakers that offer space, time, and cost savings. The circuit breakers are enabled by UL approval for use in group installation. This type of installation can reduce panel space, installation and wiring time, and overall costs, by eliminating the need for individual branch shortcircuit protective devices for each motor circuit.
  • May 2019 - Mitsubishi Electric Automation introduces interactive cycle insertion screens compatible with Renishaw GoProbe Macros on M8 series CNC Controls.

Safety Motion Control Market Leaders

  1. Rockwell Automation Inc.

  2. ABB Ltd

  3. Schneider Electric SE

  4. Mitsubishi Electric Corporation

  5. General Electric Co.

*Disclaimer: Major Players sorted in no particular order

Rockwell Automation Inc., ABB Ltd, Schneider Electric SE, Mitsubishi Electric Corporation, General Electric Co., SICK Group
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Safety Motion Control Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Intensity of Competitive Rivalry

      5. 4.3.5 Threat of Substitutes

    4. 4.4 Assessment of the Impact of COVID -19 on the Industry

    5. 4.5 Market Drivers

      1. 4.5.1 Stringent Regulation Regarding Safety

      2. 4.5.2 Increasing Automation and Increasing Investment in Advance Automation Tool

    6. 4.6 Market Restraints

      1. 4.6.1 Installation Costs and Data Security Concern

  5. 5. TECHNOLOGY SNAPSHOT

  6. 6. INDUSTRY POLICIES AND REGULATIONS

  7. 7. MARKET SEGMENTATION

    1. 7.1 Component

      1. 7.1.1 Drives

      2. 7.1.2 Motors

      3. 7.1.3 Other Components

    2. 7.2 End-user Industry

      1. 7.2.1 Automotive

      2. 7.2.2 Energy and Power

      3. 7.2.3 Oil and Gas

      4. 7.2.4 Aerospace and Defense

      5. 7.2.5 Food and Beverage

      6. 7.2.6 Pharmaceuticals

      7. 7.2.7 Other End-user Industries

    3. 7.3 Geography

      1. 7.3.1 North America

        1. 7.3.1.1 United States

        2. 7.3.1.2 Canada

      2. 7.3.2 Europe

        1. 7.3.2.1 United Kingdom

        2. 7.3.2.2 Germany

        3. 7.3.2.3 France

        4. 7.3.2.4 Rest of Europe

      3. 7.3.3 Asia Pacific

        1. 7.3.3.1 China

        2. 7.3.3.2 India

        3. 7.3.3.3 Japan

        4. 7.3.3.4 Rest of Asia Pacific

      4. 7.3.4 Latin America

        1. 7.3.4.1 Brazil

        2. 7.3.4.2 Mexico

        3. 7.3.4.3 Rest of Latin America

      5. 7.3.5 Middle East and Africa

        1. 7.3.5.1 United Arab Emirates

        2. 7.3.5.2 Saudi Arabia

        3. 7.3.5.3 South Africa

        4. 7.3.5.4 Rest of Middle East and Africa

  8. 8. COMPETITIVE LANDSCAPE

    1. 8.1 Company Profiles

      1. 8.1.1 ABB Ltd

      2. 8.1.2 General Electric Co.

      3. 8.1.3 Mitsubishi Electric Corporation

      4. 8.1.4 Rockwell Automation Inc.

      5. 8.1.5 Schneider Electric SE

      6. 8.1.6 SICK Group

      7. 8.1.7 Siemens AG

      8. 8.1.8 Pilz GmbH & Co. KG

    2. *List Not Exhaustive

  9. 9. INVESTMENT ANALYSIS

  10. 10. FUTURE OF THE MARKET

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Safety Motion Control Industry Segmentation

A safety motion controller contains motion profiles and target positions that create trajectories for motors and actuators. Motion control drives are a structural part of motion controllers. These are mainly used for process automation in various end-user industries, such as electronics and assembly, robotics, semiconductors, and food and beverages. Due to the advancement in processing speed, precision, and reliability of these systems, the controllers are widely used in the industries.

Component
Drives
Motors
Other Components
End-user Industry
Automotive
Energy and Power
Oil and Gas
Aerospace and Defense
Food and Beverage
Pharmaceuticals
Other End-user Industries
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Safety Motion Control Market Research FAQs

The Safety Motion Control Market is projected to register a CAGR of 5.65% during the forecast period (2024-2029)

Rockwell Automation Inc., ABB Ltd, Schneider Electric SE, Mitsubishi Electric Corporation and General Electric Co. are the major companies operating in the Safety Motion Control Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Safety Motion Control Market.

The report covers the Safety Motion Control Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Safety Motion Control Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Safety Motion Control Industry Report

Statistics for the 2024 Safety Motion Control market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Safety Motion Control analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Safety Motion Control Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)