Motion Control Market Projected to Reach $21.6B by 2029.

According to a report from Markets and Markets, the global motion control market is projected to reach $21.6 billion by 2029, growing at a CAGR of 5.5%. The market includes various offerings such as actuators, mechanical systems, drives, motors, motion controllers, sensors, feedback services, software, and services. The Asia-Pacific region is expected to have the highest growth rate during the forecast period. The report also highlights the forecast for the medical component manufacturing market and features a diagram of closed-loop systems and a photo of the automotive industry. [Extracted from the article]