Motion control shipments increasing in 2016
The MCMA reports that global shipments for motion control products increased by five percent to $2.4 billion in the first nine months of 2016, which makes up for the contraction the industry had in 2015.
Global shipments for motion control products increased by five percent to $2.4 billion in the first nine months of 2016, according to new statistics released by the Motion Control & Motor Association (MCMA), the industry’s trade group.
“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. “The year-to-date growth has been driven primarily by strong increases in actuators/mechanical systems (14% to $423m), electronic drives (12% to $451m), and motion controllers (6% to $119m). Individually, the third quarter of 2016 saw shipments increase by 10% to $828 million over the same period last year.”
MCMA 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 tables and graphics. Growth rates and book to bill ratios are provided for each product category.
Motion Control & Motor Association (MCMA)
– Edited from a MCMA press release by CFE Media. MCMA is a part of the Association for Advancing Automation (A3). A3 is a CFE Media content partner. See more Control Engineering CNC and motion control products.