Motion Control Shipments are up 2.3% for first 9 months of 2012.
Press Release Summary:
November 30, 2012 - According to statistics released by Motion Control Association (MCA), motion control product shipments are up 2.3% for first 9 months of 2012 compared to same period in 2011. MCA President Jedd Burnstein called the figure "encouraging," citing weakening global manufacturing and the fiscal cliff threat. MCA Director of Market Analysis Alex Shikany pointed out that strongest growth in shipments for first 9 months of 2012 was seen in sensors and feedback devices at 22.5% and AC Motors at 21.2%.
Original Press Release
Motion Control Shipments Up 2.3% Through First Nine Months of 2012
Press release date: November 28, 2012
"Given the recent weakening in global manufacturing and the looming presence of the ‘fiscal cliff,’ it is encouraging to see shipments of motion control products post positive growth year over year through September," said Jeff Burnstein, President of MCA.
"For the first nine months of 2012 we have seen the strongest growth in shipments of Sensors and Feedback Devices (22.5%) and AC Motors (21.2%)." said Alex Shikany, MCA’s Director of Market Analysis. "The motion control market serves many segments of the economy, and because of this we have seen its growth tend to track with that of US GDP, which is averaging 2.3% growth (year over year) through September 2012."
MCA summarizes market results in quarterly tracking reports and trend analysis reports. These reports examine orders and shipments by major product category quarterly and annually with both tables and color 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 www.MotionControlOnline.org.
Motion control will be one of the key technologies explored at the upcoming Automate 2013 event in Chicago, January 21-24. In addition to several exhibits featuring motion control products, the conference will provide in-depth sessions on designing motion control systems, new motion control technologies, advanced drive technologies, new developments in step motors, energy efficient motion solutions, high speed motion systems, and communication protocols for motion systems. Full details can be found at www.automate2013.com.
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), an umbrella group serving some 675 global automation companies involved in robotics (Robotic Industries Association, www.robotics.org), vision & imaging (AIA, www.visiononline.org), motion control and related technologies.
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