Spain Motion Control Market Size & Outlook, 2023-2030

The motion control market in Spain is expected to reach a projected revenue of US$ 339.4 million by 2030. A compound annual growth rate of 3.3% is expected of Spain motion control market from 2024 to 2030.
Revenue, 2023 (US$M)
$270.5
Forecast, 2030 (US$M)
$339.4
CAGR, 2024 - 2030
3.3%
Report Coverage
Spain

Spain motion control market highlights

  • The Spain motion control market generated a revenue of USD 270.5 million in 2023 and is expected to reach USD 339.4 million by 2030.
  • The Spain market is expected to grow at a CAGR of 3.3% 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.


Motion control market data book summary

Market revenue in 2023USD 270.5 million
Market revenue in 2030USD 339.4 million
Growth rate3.3% (CAGR from 2023 to 2030)
Largest segmentClosed-loop system
Fastest growing segmentClosed-loop System
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Spain accounted for 1.6% of the global motion control market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany motion control market is projected to lead the regional market in terms of revenue in 2030.
  • Italy is the fastest growing regional market in Europe and is projected to reach USD 868.4 million by 2030.

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Motion Control Market Companies

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Spain 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 51.53% in 2023. Horizon Databook has segmented the Spain 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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Target buyers of Spain motion control market databook

  • 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 country-level data and insights on the Spain motion control market , including forecasts for subscribers. This country databook contains high-level insights into Spain motion control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Spain motion control market size, by system, 2018-2030 (US$M)

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

Spain motion control market size, by system, 2018-2030 (US$M)

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