Global Motion Control Shipments increase 9% in 2014.
Press Release Summary:
According to statistics released by the Motion Control Association, global shipments for motion control products grew by 9% to $3.05 billion in 2014. Motion controllers remained the hottest product category, growing 34% to $152 million in 2014, while actuators and mechanical systems also had a strong year, increasing 12% to $467 million. Some other notable growth rates were sensors and feedback devices at 11% to $116 million, and AC drives at 10% to $365 million.
Original Press Release:
Global Motion Control Shipments Increase 9% in 2014
Ann Arbor, Michigan – Global shipments for motion control products grew by nine percent to $3.05 billion in 2014, according to new statistics released by the Motion Control Association (MCA), the industry’s trade group.
“We saw each statistical category, save support and services, grow in 2014,” said Alex Shikany, MCA Director of Market Analysis. “Motion controllers remained the hottest product category, growing 34% to $152 million in 2014, while actuators and mechanical systems also had a strong year, increasing 12% to $467 million. Some other notable growth rates were sensors and feedback devices at 11% to $116 million, and AC drives at 10% to $365 million.”
MCA’s most recent survey of motion control manufacturers revealed that 72% of respondents believe that total shipments of motion control products will remain flat in the first half of 2015, 27% believe the market will increase, and one percent expect it to decline.
“We’ll get a chance to see some of results of a successful 2014 first hand in the form of new motion control products at the upcoming Automate 2015 show. Automate’s growth has been outstanding, the show is 76% larger than the last show and motion control is a big part of that growth,” said Dana Whalls, Vice President of MCA. “The show is free to attend and is a great way to take the pulse of the motion control and automation industry.”
Whalls noted that in addition to the leading motion control and automation exhibits at the show, there is a full educational conference, interesting automation discussion groups right on the show floor, keynote speakers (including Steve Wozniak) and fun networking parties. The show is March 23-26, 2015 at McCormick Place in Chicago. More informatoin is available at the Automate Show website.
About MCA
The Motion Control Association (MCA) is a global not-for-profit trade group dedicated to promoting the understanding and use of motion control technologies and developing business opportunities for mechanical and electronic (mechatronics) motion control companies. Its members include manufacturers of complete motion control systems, component manufacturers, system integrators, distributors, end users, consulting firms, academic institutions and research groups directly involved with mechanical and electronic (mechatronics) motion control around the world. MCA is part of the Association for Advancing Automation (A3).
MCA summarizes market results from suppliers and distributors in quarterly tracking reports and trend analysis reports. These reports examine orders and shipments by major product category quarterly and annually with helpful tables and graphics. Growth rates and book to bill ratios are provided for each product category. MCA also provides an economic indicator report, which enables report users to interpret quarterly statistics from the standpoint of macro-economic indicators by individual manufacturing industry, as identified by the North American Industry Classification System (NAICS).
All reports are available free of charge to all MCA members. Members providing data for the reports receive “full” versions of the reports, which are highly detailed examinations of order and shipment results. Non-participating members receive “abridged” reports, which contain shipment results. Members find the reports valuable as gauges of overall market performance and as benchmarks for assessing relative company performance. To learn more about MCA, visit Motion Control Online.
About Association for Advancing Automation (A3)
The Association for Advancing Automation is the global advocate for the benefits of automating. A3 is the umbrella group for the Motion Control Association (MCA), Robotic Industries Association (RIA), and AIA – the vision and imaging association. MCA, RIA, and AIA combined represent 800 automation stakeholders from throughout the world. For more information, please visit our websites: A3; MCA; RIA; AIA.
