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Upswing projected for worldwide general
motion controls
Dedham, MA - The worldwide
general motion control (GMC) market shrank during 2001-02 due to
low capital investment levels across many industries. Now, there
is a more upbeat view of this market’s future, including an increase
in orders during 2003. In fact, the GMC market has passed the $4
billion mark and is expected to grow at a 6.3% compound annual growth
rate (CAGR) over the next five years, according to a new study,
“General Motion Control Worldwide Outlook,” by ARC
Advisory Group.
ARC adds that the driving factors
for capital investments are expected to remain strong during the
next five-year period. “Mechatronic solutions with drives and motors
will encourage machine builders to replace maintenance-ridden and
inflexible mechanical linkages. As a result, an increasing number
of machines will have more servo or stepper controlled motion axes,”
says Himanshu Shah, ARC senior analyst and the study’s principal
author.
While faster/cheaper/better remains
the ongoing goal of its players, the GMC market is becoming more
dynamic as these suppliers take diverse paths to achieve it. As
a result, battles are brewing in many fronts, with numerous open
standards, diverse platforms, increased functionality, varied architectures,
smaller footprints, broader solutions, and customization. The struggle
for the standard motion control network is expected to heat up as
major suppliers develop dissimilar motion control networks.
ARC adds its research shows that
several factors will drive market growth. The semiconductor and
electronics industries, which were the impetus behind the very fast
market growth up to 2000, have been in a slump, but finally appear
to be awakening. The food and beverage industry, which was one of
the stars during the bleak years, is expected to continue its gains
as investing in consumer goods manufacturing remain bright.
In addition, while suppliers coalesce
in other maturing markets, entrepreneurial GMC suppliers have been
aided by advances in motion control technology; difficulties in
adopting commercial technology to meet inherently high performance
demands of basic motion control; and users' demands for increased
motion performance. As a result, newer companies often emerge with
more useful, valuable solutions. Many small suppliers have carved
out successful niches with their own expertise in the GMC market,
where so many different applications prevail. Many established GMC
suppliers, including large automation companies, are unable to effectively
address the market’s vast diversity of requirements for motion control,
and consequently claim smaller GMC market shares.
ARC concludes that ease-of-use
and increased competition will drive suppliers to provide more embedded
software to meet applications’ requirement, rather than offering
unbundled software. Also, more software will be given away to secure
hardware sales. This will reduce the revenue growth of the unbundled
software segment, but suppliers will be able to offset some of declining
hardware revenues by offering embedded software. For more information
on the study, visit www.arcweb.com/res/gmc.
Control Engineering Daily News Desk
Jim Montague, news editor
jmontague@reedbusiness.com
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