Motion Positioning Stages Market Research Report and Outlook by 2028

The global market for motion positioning stages was valued at approximately US$ 644.16 million in 2019 and is anticipated to grow to around US$ 1,035.50 million by 2027, reflecting a compound annual growth rate (CAGR) of 6.3% from 2020 to 2027.

In 2019, the Asia-Pacific (APAC) region held the largest share of the global motion positioning stages market, followed by Europe and North America. North America is home to numerous companies, including Aerotech Inc., Parker Hannifin, and Newport Corporation, which provide motion positioning stages. Additionally, Europe is expected to emerge as a significant market for these technologies during the forecast period, with countries like Finland, Germany, France, and the UK experiencing substantial growth in various manufacturing sectors. The presence of established automotive and healthcare & pharmaceutical industries in Europe, which are major users of industrial automation, further drives the demand for motion positioning stages in this region.

Regarding growth potential, APAC is projected to be the fastest-growing market, boasting an impressive CAGR of 7.6% from 2020 to 2027. This region includes both developing economies such as China, India, and Vietnam, as well as developed nations like Japan and Australia. The rapid expansion of manufacturing industries in Asian countries is significantly enhancing the adoption of Industry 4.0 technologies. The integration of the Fourth Industrial Revolution into manufacturing processes is leading to a notable increase in the utilization of motion positioning stages across these economies. Furthermore, the robust consumer electronics and semiconductor sectors in Asia are also contributing to the rising demand for these positioning systems. Additionally, countries in the Middle East and Africa (MEA) and South America (SAM) are increasingly embracing Industry 4.0, which is expected to further stimulate market growth in the coming years.

The COVID-19 pandemic has had a profound impact on industries worldwide, with the global economy suffering significant setbacks in 2020 and likely continuing into 2021. The pandemic has caused major disruptions across various sectors, including electronics & semiconductor, automotive, defense, medical devices, and manufacturing. The United States represents a crucial market for motion positioning stages, particularly within the manufacturing and automotive industries. The surge in COVID-19 cases and the rising death toll in the country have adversely affected the manufacturing sector. North America, which hosts a multitude of manufacturing and technology firms, has experienced factory and business closures across the US, Canada, and Mexico, hindering the adoption of motion positioning stages. Consequently, the ongoing COVID-19 crisis and the challenging situation in the US are likely to impede the growth of the motion positioning stages market in North America for the upcoming quarters.

The overall market size for motion positioning stages has been determined through a combination of primary and secondary research methods. The research process commenced with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. This approach also aimed to provide an overview and forecast of the motion positioning stages market across all segments and regions. Furthermore, multiple primary interviews were conducted with industry stakeholders and experts to validate the data and gain deeper analytical insights. Participants in this process included industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the motion positioning stages market. Key market players profiled in this study include Aerotech Inc., Dover Motion, Edmund Optics Inc., MISUMI Corporation, Newport Corporation, Optimal Engineering Systems, Inc., OWIS GmbH, Parker Hannifin Corporation, Physik Instrumente (PI) GmbH & Co. KG., and STANDA LTD.