Industrial Sensors Market Size, Share & Industry Analysis, By FBI
The Motion Control Market is set for significant growth, with its value projected to increase from USD 16.7 billion in 2024 to approximately USD 29.8 billion by 2029, reflecting a CAGR of 12.1% during the forecast period. Motion control systems are essential in applications like robotics, machine tools, assembly lines, and semiconductor manufacturing, offering precise control over speed, position, and torque in machinery. These systems comprise components such as motors, drives, controllers, and sensors, which collaborate to ensure high precision and efficiency in automated processes.