Southeast Asian Motion Controls Market Expansion

  Enquire / contact me

Fueled by manufacturing sector

Southeast Asian Motion Controls Market Expansion
Southeast Asian Motion Controls Market Expansion

The Southeast Asian general motion controls (GMC) market is forecast grow to more $90 million by 2017, and the computer numerical control (CNC) motion controls market to more than $70 million, with a total compound annual growth rate (CAGR) of 7.5 percent from 2012 to 2017. The growth will be driven by the increasing demand for motion control products used in manufacturing, along with the gradual shift of machinery production to Southeast Asia, according to new report entitled "The South East Asia Market for Motion Controls - 2013" from information and analytics provider IHS.
If South East Asia were a single entity, it would rank as the eighth largest economy in the world, with a population of more than 600 million people, or 8.8 percent of the world's citizens. Sectors such as food and beverage and packaging machinery, which are closely tied to the booming consumer markets in Southeast Asia, will be less affected during the economic downturn and ultimately will drive demand for motion controls products, providing substantial growth opportunity.

Posted on August 23, 2013 - (265 views)
Related articles
FPC/FFC Connectors
Development Platform
AC-DC Power Supplies
RFID Solution Based on OPC-UA
DIN-Plus Compression Springs Parts 2 and 1
TIB-EX Series
Float Switch
Sensor for CO2 Measurement
Cleanroom Technology
Porous Aluminium Products
Single Phase Filter
Full-service Bolting Equipment Provider
Ultrasonic Flowmeter for Electric Charge Reduction
The Reel that Works as Hard as You
Wave Spring
Shock Transportation Data Logger MSR175
Compact and Precise Level Switches
Laser Triangulation Sensors optoNCDT 1420
Sensing Innovation in Process and Control
Ultrasonic Flowmeter TRX
Float Switch
Emergency Stop Buttons
3D Optical Scanner
AMR Based Current Sensors
DataHub OPC Gateway
Driving the Digital Revolution with Hydraulic Fluids
NEW: Worldwide Smallest Draw-Wire Sensor
Embedded System with Artificial Intelligence
Easy and Profitable Measurement Solutions Using Smart Laser Sensors
Development Platform
Cleanroom Technology
Porous Aluminium Products
DA30D Data Acquisition
Equipped Plug-and-Play Cobot
High Precision Inclination Sensor
3D Optical Scanner
Driving Amusement Safely: The Thrill is Guaranteed!
“At Hannover Messe, Exhibitors Demonstrate 500 Functional Examples of Industrie 4.0’’
Absolute Encoder for Drive Technology