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The Motion Control Market is projected to expand by USD 5.7 billion from 2024 to 2028, driven by the integration of digital drives with motion control systems, AI-powered report- Technavio

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NEW YORK, Aug. 28, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global motion control market  size is estimated to grow by USD 5.69 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.03%  during the forecast period.  Integration of motion control systems with digital drives is driving market growth, with a trend towards growing adoption of iot in the motion control industry. However, inherent challenges related to use of automated systems  poses a challenge. Key market players include ABB Ltd., ACS Motion Control Ltd., ADVANCED Motion Controls, Aerotech Inc., Beckhoff Automation GmbH and Co. KG, Delta Computer Systems Inc., Dover Motion, Eaton Corp. Plc, Galil Motion Control, Kollmorgen Corp., Mitsubishi Electric Corp., Moog Inc., Nanotec Electronic GmbH and Co. KG, OMRON Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yaskawa Electric Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Metal and machinery manufacturing, Packaging and labeling, Robotics, Semiconductor and electronics, and Others), Product (Electronic devices, Actuators, AC drives, Motion controllers, and Others), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

ABB Ltd., ACS Motion Control Ltd., ADVANCED Motion Controls, Aerotech Inc., Beckhoff Automation GmbH and Co. KG, Delta Computer Systems Inc., Dover Motion, Eaton Corp. Plc, Galil Motion Control, Kollmorgen Corp., Mitsubishi Electric Corp., Moog Inc., Nanotec Electronic GmbH and Co. KG, OMRON Corp., Parker Hannifin Corp., Robert Bosch GmbH, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yaskawa Electric Corp.

Key Market Trends Fueling Growth

The Internet of Things (IoT) is revolutionizing industries by enabling real-time data collection and transmission from various devices, including sensors and actuators. This data empowers end-users to make informed decisions, driving the adoption of IoT in various sectors. Motion control systems, including programmable multi-axis motion controllers, are increasingly being connected to IoT networks. These systems consist of components such as servo drives, motors, gearboxes, and software. Ethernet-based networks, like EtherCAT, are facilitating this connectivity. For instance, Galil Motion Control’s EDD-3701x series and OMRON’s NX1P Machine Automation Controller offer extensive IoT capabilities. These controllers can collect data from sensors via IO-Link and EtherCAT, enabling predictive maintenance and real-time decision-making. The adoption of IoT in motion control systems is expected to improve performance, efficiency, and accessibility of built-in machine intelligence. IoT also facilitates high-speed operations with minimal effort and enables early detection of anomalies or deviations from quality indicators. These factors will continue to drive the growth of the motion control market during the forecast period. 

The Motion Control Market is experiencing significant growth due to trends like digitalization, AI, and automation. Digitalization is driving the adoption of motion controllers for precise target positions and trajectories in various industries. Renewable energy sectors like solar and wind power are integrating motion control systems for resource utilization and waste reduction. Safety is a top priority, with motion controllers ensuring worker safety in compressor stations and metal cutting applications. AI and self-organizing factories enable autonomous decision-making, reducing production downtime and replacement expenses. Cloud technology, real-time data analysis, and remote monitoring enable efficient resource utilization and waste reduction. Motion control systems are essential for industrial robots, servo motors, and machinery in smart factories. Communication protocols ensure seamless integration with sensors and other systems. Advanced motion controls are vital for energy-efficient solutions in factories, including heavy maintenance and servicing. Closed-loop systems offer improved accuracy and stability, while open-loop systems provide cost-effective solutions for manual controls. Motion control systems are essential for automation in various industries, from manufacturing to renewable energy. The market continues to evolve, focusing on energy-efficient solutions and reducing overall time and costs. 

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Market Challenges

Businesses worldwide face the challenge of adapting to dynamic market conditions, necessitating the need for upgrading motion control systems in various industries. However, the inflexibility and high costs associated with automated systems, particularly those equipped with hydraulic equipment, deter small and medium enterprises (SMEs) from making the necessary upgrades. The replacement or upgrade of motion control systems is a time-consuming and costly process, involving significant investments in research and development (R&D) for vendors to remain competitive. Advanced motion control systems require substantial initial investments, and stringent regulations and standards necessitate additional capital expenditures. Customization also increases production costs, as vendors must design equipment according to clients’ specific applications and requirements. These high capital investments and R&D costs pose a significant challenge to vendors, limiting their profitability and market growth during the forecast period.Motion control market is experiencing significant growth due to the increasing automation in factories and machinery. The integration of robotic systems, sensors, and communication protocols in motion control systems is driving this trend. Smart factories and energy-efficient solutions are the new norm, with manufacturing companies seeking to reduce replacement expenses and save time through advanced motion controls. However, challenges remain. Heavy maintenance and servicing can be time-consuming and costly. The Industrial Revolution 4.0 brings new technologies like real-time communication, artificial intelligence (AI), and Industrial IoT (IIoT) to the table, but implementing these requires investment and expertise. Motion control systems must be precise and energy-efficient, with motors, servo drives, and variable frequency drives playing crucial roles. The automotive sector, e-commerce, logistics, and dosage formulations are major industries adopting motion control technology. Warehouse automation, robotics, and position controls are also gaining popularity. Connected machines, digital twins, and edge computing are modern technologies transforming motion control. However, ensuring safety and minimizing accidents remains a challenge. Overall, the motion control market is evolving, with sensors and feedback, step motors, and communication protocols playing essential roles.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This motion control market report extensively covers market segmentation by

Application 1.1 Metal and machinery manufacturing1.2 Packaging and labeling1.3 Robotics1.4 Semiconductor and electronics1.5 OthersProduct 2.1 Electronic devices2.2 Actuators2.3 AC drives2.4 Motion controllers2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Metal and machinery manufacturing-  The Motion Control Market refers to the industry that produces and supplies systems and components for automating the movement of machinery and robots. These systems enable precise and controlled motion, enhancing manufacturing efficiency and productivity. Key players in this market include Bosch Rexroth, Schneider Electric, and Siemens. Market growth is driven by increasing automation in various industries, such as automotive, electronics, and food and beverage.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

Motion control systems play a crucial role in automation, powering machinery and robotic systems to enhance manufacturing processes. These systems utilize motors, drives, position controls, and sensors for precise movement and feedback in factories. Energy-efficient solutions are a priority, integrating industrial IoT (IIoT) and connected machines to optimize resource utilization and reduce waste. Smart factories leverage control algorithms, artificial intelligence (AI), and self-organizing systems for improved production efficiency, reduced downtime, and enhanced worker safety. Remote monitoring capabilities enable real-time data analysis and proactive maintenance, further boosting productivity and profitability. Warehouse automation and robotics are also significant applications, streamlining logistics and inventory management.

Market Research Overview

Motion control systems play a crucial role in automating factories and machinery, enabling precision, speed, and energy efficiency in various industries. These systems utilize servo drives, variable frequency drives, and motors to control the movement of automated equipment, from industrial robots to dosage formulations and compressor stations. Advanced motion controls incorporate sensors and feedback, communication protocols, and real-time data analysis for improved resource utilization and waste reduction. The Industrial Revolution 4.0, driven by information technology, digitalization, and modern technologies, has accelerated the adoption of motion control systems in smart factories and warehouses. Industrial IoT (IIoT) and connected machines enable real-time communication, digital twins, edge computing, and autonomous decision-making. Motion control systems are essential in manufacturing sectors like automotive, e-commerce, logistics, and renewable energy, ensuring safety, energy efficiency, and production optimization. With the integration of artificial intelligence (AI), motion controllers can optimize target positions, trajectories, and control algorithms for resource utilization and worker safety. Heavy maintenance and servicing are reduced through remote monitoring and real-time data analysis, minimizing downtime and replacement expenses. Motion control systems cater to various applications, including metal cutting, solar power, wind power, and compressor stations, ensuring optimal performance and precision.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationMetal And Machinery ManufacturingPackaging And LabelingRoboticsSemiconductor And ElectronicsOthersProductElectronic DevicesActuatorsAC DrivesMotion ControllersOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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PURE POWER FOR ALL–VAPORESSO’s Global Movement to Drive Clean Energy Solutions and Sustainable Living

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SHENZHEN, China, Dec. 24, 2024 /PRNewswire/ — On December 2nd, VAPORESSO proudly launched its PURE POWER FOR ALL global ECO-Empowerment initiative—a powerful testament to its commitment to advancing clean energy solutions and promoting sustainable lifestyles worldwide. Anchored by the revolutionary ECO NANO SOLAR and the forward-thinking PURE POWER ACTION movement, this initiative seamlessly integrates cutting-edge technological innovation with impactful social action. Together, these efforts mark a pivotal step in the global transition toward clean energy and a more sustainable future.

ECO NANO SOLAR—Revolutionizing Sustainable Vaping in the Industry

At the heart of this initiative lies the industry’s first solar-powered open-system vape—ECO NANO SOLAR. Crafted from 70% eco-conscious materials, this innovative device features a modular structure with interchangeable components, extending product life while promoting resource efficiency and long-term sustainability.

This pioneering ECO innovation combines degradable photovoltaic technology with a recyclable modular design. Its solar panel achieves remarkable light-to-electricity efficiency and is over 80% biodegradable, advancing clean energy adoption while significantly reducing environmental impact. With the ECO NANO SOLAR, VAPORESSO sets a new standard for sustainability in the vaping industry, inspiring a broader shift toward eco-conscious practices and paving the way for a greener future in vaping and beyond.

PURE POWER ACTION: Bridging Online Engagement with Real-World Impact

The PURE POWER ACTION movement, as a key part of the PURE POWER FOR ALL initiative, engages participants worldwide through a series of interactive online activities designed to build momentum for clean energy advocacy. From simple actions like clicking to show support to vibrant community discussions on sustainable living, each activity amplifies the reach of this global movement. Together, these efforts inspire eco-friendly habits, encourage the exchange of ideas, and foster collective commitment through initiatives like the Pure Living Proposal. By empowering individuals to take small, meaningful steps, the movement unites participants in creating a ripple effect of change that transcends geographic boundaries, all while boosting the Pure Power Level—a key measure of progress.

As the Pure Power Level reaches new milestones, the initiative transitions from online engagement to tangible offline impact. Clean energy solutions, including solar-powered innovations, are introduced into vape stores worldwide, offering users hands-on opportunities to experience the convenience and benefits of renewable power sources. These offline activities, supported by the collective efforts of participants, not only bring sustainability to the forefront of the vaping industry but also demonstrate how individual contributions can culminate in meaningful, real-world changes. Through this seamless integration of online and offline efforts, VAPORESSO underscores the importance of unified action in driving the global transition toward a brighter tomorrow.

A Greener Tomorrow Begins Today

With PURE POWER FOR ALL, VAPORESSO demonstrates how ECO innovation and forward-thinking movement can lead to meaningful global impact. The groundbreaking ECO NANO SOLAR stands as a powerful benchmark for ECO innovation, inspiring the adoption of cleaner, more responsible practices in the vaping industry. At the same time, the PURE POWER ACTION initiative fosters a ripple effect of positive change, uniting individuals and communities in a shared mission to embrace sustainable living and advance clean energy solutions. Together, through collective effort and shared commitment, VAPORESSO is not only shaping the future of the vaping industry but also contributing to a healthier, more sustainable world.

For more details about the PURE POWER FOR ALL movement and ECO NANO SOLAR, please visit: https://www.vaporesso.com/activity/pure_power_for_all. Together, we create a brighter, cleaner future for all.

About VAPORESSO

VAPORESSO was founded on the belief that each action is an endeavor to achieve excellence. Our unwavering commitment to surpassing the ordinary has propelled us to become the leading vaping brand globally. We embody a vision where our technology and values merge, crafting a better, cleaner, and more enjoyable life for all.

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SWAG, Asia’s Largest Adult Content Platform, Releases 2024 Annual Report

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Revealing the Top 15 Searched Keywords in Asia

TAIPEI, Dec. 24, 2024 /PRNewswire/ — SWAG, Taiwan’s largest adult livestreaming platform, often known as the “Pornhub of Asia,” has released the 2024 SWAG Recap today. The report dives into the world of trending adult content, the year’s top searched keywords, and even the income of creators, sparing no details. According to the data, the top searched keyword on SWAG in 2024 was “Vietnam.” Meanwhile, two Taiwanese creators—former Army Chief Counselor “Neinei” and former Sea Dragon Frogman 177—landed in the 3rd and 6th positions as the most searched keywords thanks to their enormous social media buzz. The hashtag with the most clicks went to “Big Boobs.”

In this year’s top searched keyword ranking, “Vietnam” and Vietnamese creator Rosa (@rosababyvip) dominated the top two spots with overwhelming search volume, highlighting the loyalty of Vietnamese enjoyers of SWAG. Meanwhile, keywords like “Ex-Army Chief Counselor Neinei” and “Sea Dragon Frogman 177” maintained high visibility throughout the year, landing them in 3rd and 6th places, respectively.

Analyzing average daily login time by users from different countries, SWAG users spent 15 minutes and 56 seconds per session on average globally, 49 seconds longer than last year. Taiwan emerged as the undisputed champion with an average daily login time of 16 minutes and 21 seconds, the only country above the platform average. On the flip side, Japanese users clocked in at just 11 minutes and 25 seconds, becoming the quickest to reach post-nut clarity. Notably, Vietnamese users soared from last year’s last place to the 4th longest with their online duration time, surpassing users from Singapore and the U.S.

Among SWAG’s nearly 200 hashtags, “Big Boobs” reclaimed its crown from last year’s champion, “Schoolgirl,” becoming the most searched hashtag of the year. “Schoolgirl” fell to 4th, edged out by “Gangbang.” Surprisingly, the long-beloved tag “Creampie” dropped to its record-low position, only ranking 9th.

SWAG noted that nearly 5,000 new creators joined this year, with 40% hailing from Vietnam, making it the country with the most new creators, followed by Taiwan. Among the talents, luna (@rouav) and Jolly (@jollyntr) were crowned as the most popular creator and best newcomer respectively! After a brief hiatus, Luna made a strong comeback by captivating fans with her “natural melons,” “S-line waist,” “perky booties,” and “flawless legs.” Her popularity skyrocketed by 891 spots, earning her the title of SWAG’s Most Popular Creator 2024. The best newcomer, Jolly, who only joined SWAG less than a year ago, gained immense popularity for her housewife aesthetic and NTR-themed content. Fans of the married lady buzzed over her livestreams and videos, where her husband reportedly has been watching helplessly behind the camera, further fueling her meteoric rise.

In other creator data, SWAG’s “Fan Following Clock” is ticking faster than ever! On average, a creator gains a new follower every 5.7 seconds on the platform. Additionally, 8.8% of new creators earn USD 30,000 in less than four months, with Betty (@bettyqueen) achieving this milestone in just three weeks, making her the fastest-earning newcomer of 2024.

Does SWAG make creators rich? The numbers prove everything. This year,  Shirley (@shirleybebe) posted a story, which was unlocked by over 3,000 users within 48 hours, earning her approximately $1,500 instantly as the post became the most profitable story of 2024. Best Newcomer Jolly also delivered impressive results. After debuting in May, one of her long videos attracted over 2,000 viewers, earning her $17,000 just from that one single upload.

When it comes to SWAG’s most lucrative money-making features, livestreaming and private messaging definitely top the list. For example, when Grape (@stellajs) hosted her birthday livestream this year, she generated USD 37,000 in just three hours. Meanwhile, Nini Baby (@ninibaby), well-known for her private chats, sent 380,000 text messages to users this year, receiving 85,000 replies and countless chat gifts. Her private messaging income alone earned a staggering USD 490,000 in revenue, a 17% increase from last year, securing her throne as SWAG’s Queen of private chat.

《2024 SWAG Recap》: https://swag.live/blog/en/swag_2024_recap/

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Higer New V Series, Leading Bus New Trend

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SUZHOU, China, Dec. 24, 2024 /CNW/ — In November 2024, Higer New V Series buses officially launched in the Philippines, this batch of electric buses was the first batch of new energy buses introduced by the Philippines and put into commercial operation. And it has aroused extensive attentions and heated discussions from the Philippines local government, media and people.

Higer New V Series products were launched globally in March 2024, and then made a stunning debut at the Higer Global Partners Conference. The New V-series products with a new shape and a new platform are committed to creating new classic models with high quality, high safety and high intelligence.

In 3 years, more than 1000 people participated in the process of R&D, a one-time investment of more than 100 million yuan was made in the R&D and manufacturing of key components, equipment, tooling, molds, inspection tools, verification of components and vehicle, achieving comprehensive innovation, realizing a significant improvement in product quality and reliability, maintenance convenience and customer experience. Measuring from 8 to 13 meters in length, they can be powered by fossil fuels, electricity, hydrogen, etc. and are readily adaptable for the tourist transportation market, urban public transportation market, etc. The luggage compartment volume is 21.6% greater than similar products, the seating space is 50mm larger, and the middle aisle is 30mm wider. The overall component universality rate was greatly improved by the platform, modular, and universal design concept, and the number of component types decreased by 58%.

It is worth mentioning that Higer is committed to creating a technological experience, redefining the domain-centralized electronic and electrical architecture, and Higer launched the industry’s first mass-produced intelligent cabin. It will help the driver concentrate on driving. The new model provides a mobile phone control interface, drivers and tour guides can control lighting, multimedia, air conditioning, etc. through app. In addition, the intelligent cabin can be customized according to the operational needs of the transport company, realizing intelligent dispatching, intelligent charging, intelligent maintenance, AI interaction, and human-computer interaction.

So far, Higer new V series coaches have already received orders from more than 20 countries like Italy, Qatar, UAE, Saudi Arabia, Algeria and etc., showing a fast rising popularity in the international market.

Higer new V series are committed to providing customers with new “classic models” with better quality, higher efficiency, achieving sustainable development and exploring more possibilities.

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