Europe Motion Control Market Size & Outlook, 2023-2030

The motion control market in Europe is expected to reach a projected revenue of US$ 6,115.6 million by 2030. A compound annual growth rate of 4.9% is expected of Europe motion control market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,371.1
Forecast, 2030 (US$M)
$6,115.6
CAGR, 2024 - 2030
4.9%
Report Coverage
Europe

Europe motion control market highlights

  • The Europe motion control market generated a revenue of USD 4,371.1 million in 2023.
  • The market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
  • In terms of segment, closed-loop system was the largest revenue generating system in 2023.
  • Closed-loop System is the most lucrative system segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 4,371.1 million
Market revenue in 2030USD 6,115.6 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentClosed-loop system
Fastest growing segmentClosed-loop System
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOpen-loop System, Closed-loop System
Key market players worldwideABB Ltd, Siemens AG, Schneider Electric SE, Mitsubishi Electric Corp, Rockwell Automation Inc, YASKAWA Electric Corp, OMRON Corp, Fuji Electric Co Ltd, Parker Hannifin Corp, Fanuc Corp, Bosch, Celera Motion


Other key industry trends

  • In terms of revenue, Europe region accounted for 26.3% of the global motion control market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 4,512.7 million by 2030.

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Motion Control Market Companies

Name Profile # Employees HQ Website

Europe motion control market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to motion control market will help companies and investors design strategic landscapes.


Closed-loop system was the largest segment with a revenue share of 51.48% in 2023. Horizon Databook has segmented the Europe motion control market based on open-loop system, closed-loop system covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of motion control market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe motion control market , including forecasts for subscribers. This continent databook contains high-level insights into Europe motion control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe motion control market size, by country, 2018-2030 (US$M)

Europe Motion Control Market Outlook Share, 2023 & 2030 (US$M)

Europe motion control market size, by country, 2018-2030 (US$M)

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