Global Motion Control Shipments Decline 3.9% Q4 2015

The Motion Control & Motor Association (MCMA) has released a report stating that global shipments for motion control products declined by 3.9% in 2105.

Individually, the fourth quarter of 2015 also decreased on a year over year basis by 7.3% to $709 million, the organization states. Despite the decline, smaller categories such as AC Motors (98.6%) and Support Services (47.2%) saw growth in the fourth quarter over the previous year.

MCMA summarizes market results from suppliers and distributors in quarterly tracking reports and trend analysis reports. These reports examine orders and shipments by major product category quarterly and annually with helpful tables and graphics. Growth rates and book to bill ratios are provided for each product category. MCMA also provides an economic indicator report, which enables report users to interpret quarterly statistics from the standpoint of macro-economic indicators by individual manufacturing industry, as identified by the North American Industry Classification System (NAICS).

“In 2015 the motion control market experienced a modest decline from 2014 due to a slowing manufacturing sector late in the year and contractions in a few main product categories,” said Alex Shikany, MCMA director of Market Analysis. “Three of the five largest segments we track, Electronic Drives (-8.1%), AC Drives (-7.4%), and Motion Controllers (-1.4%) decreased on a year over year basis. Conversely, the largest segment we track, Motors (2.6%), saw modest growth in 2015.”

For more information, visit the Motion Control & Motor Association.

Sources: Press materials received from the company and additional information gleaned from the company’s website.