Motion control shipments increase to $2.4B worldwide
Dec. 1, 2016
Stats from the Motion Control & Motor Association show a 5 percent spike in the first nine Months of 2016.
Global shipments for motion control products increased by 5 percent to $2.4 billion in the first nine months of 2016, according to 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.
According to Shikany the growth was driven by actuators and mechanical systems (up 14 percent to $423 million), electronic drives (up 14 percent to $451 million) and motion controllers (up 6 percent to $119 million). The third quarter of 2016 saw shipments increase by 10% to $828 million over the same period in 2015.
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