Abstract
The worldwide market for motion controls had its best year in recent history
in 2006, increasing in value by $677.7 million and ending the year at $5,720.1
million. This represented a growth rate of 13.4% which is over double the
growth experienced in 2005.
A major contributor for this was the high growth of the market for servo
technology, which has decreased in price dramatically over the last 5 years
due to the introduction of products with specific and frequently less complex
functionality. This report analyses the impact of these lower priced products
on the growth of the motion control market and how this varies from region to
region.
The report provides market size estimates and forecasts to 2011 for servo
products, stepper products and position control hardware, and shows market
breakdowns by product design, power, torque, industry application, networking
protocol and customisation among others.
An analysis of the competitive environment is also provided, which includes
market shares for 2006, as well as a matrix of over 50 companies active in the
market.
IMS' aim in writing this report is to provide marketing and technical
executives with an up-to-date comprehensive description of the market for
these products and to identify the trends that will affect this market over
the next five years.
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