Connect with us

Technology

Motion Control Market to Reach USD 24.2 Billion by 2031 Led by Electromechanical Solutions and Automation Demand, Says Mordor Intelligence

Published

on

HYDERABAD, India, April 23, 2026 /PRNewswire/ — According to a new report by Mordor Intelligence, the motion control market is projected to grow from USD 19.08 billion in 2026 to USD 24.23 billion by 2031, registering a CAGR of 4.9% during the forecast period (2026–2031). Growth is supported by steady demand across manufacturing, automotive, electronics, and packaging sectors, alongside increasing adoption of automation, robotics, and precision-driven equipment. As industries focus on efficiency and operational accuracy, demand for motion control systems continues to expand globally.

Emerging Opportunities in the Motion Control Market

Smart Robotics and AI-Driven Automation in Motion Control

Manufacturers are increasingly turning to intelligent conveyor systems and robot-integrated machinery to improve efficiency and tackle workforce gaps. The adoption of AI-enabled robotics is driving demand for advanced motion control solutions that can handle complex movements with precision. At the same time, smarter control systems are evolving to support predictive maintenance, optimize performance, and enhance overall operational reliability, making them a key driver of growth in the motion control market.

Electrified Hydraulics Enhancing Motion Control Efficiency

The shift toward electrified hydraulic systems is reshaping how motion control solutions are designed and deployed. By integrating electric drives with traditional hydraulics, manufacturers are improving energy efficiency while maintaining high power output. Modern systems now rely on advanced sensors and digital communication protocols to deliver more precise and responsive control, enabling seamless coordination between mechanical force and intelligent motion systems.

Discover comprehensive insights and stay ahead of the latest industry trends, including the Japanese edition for in-depth localized analysis: https://www.mordorintelligence.com/ja/industry-reports/motion-control-market?utm_source=prnewswire

Detailed Breakdown of the Motion Control Market Segmentation:

By Product Type:MotorsDrivesControllersActuators and Mechanical SystemsSensors and Feedback DevicesSoftware and ServicesBy Technology:ElectromechanicalHydraulicPneumaticBy System Type:Open LoopClosed LoopBy Axis Type:Single AxisMulti-AxisBy Application:Material HandlingPackagingAssembly and DisassemblyInspection and TestingRobotics3D Printing / Additive ManufacturingBy End-user Industry:Electronics and SemiconductorPharmaceutical / Life Sciences / Medical DevicesOil and GasMetal and MiningFood and BeverageAutomotiveAerospace and DefenseLogistics and WarehousingBy Geography:North America: United States, Canada, MexicoEurope: United Kingdom, Germany, France, Italy, Rest of EuropeAsia-Pacific: China, Japan, India, South Korea, Rest of Asia-PacificMiddle East and Africa:Middle East: Israel, Saudi Arabia, United Arab Emirates, Turkey, Rest of Middle EastAfrica: South Africa, Egypt, Rest of AfricaSouth America: Brazil, Argentina, Rest of South America

Ashish Gautam, Senior Research Manager, Mordor Intelligence, says, “The motion control market reflects steady demand across manufacturing and automation, supported by incremental technology adoption and operational efficiency priorities. Mordor Intelligence applies consistent research frameworks and cross-verified data sources, enabling decision-makers to rely on balanced, comparable insights over alternative analyses.”

Competitive Landscape of the Motion Control Industry

The motion control market share is moderately consolidated, with key players focusing on innovation, partnerships, and product expansion to strengthen their market position. Major companies operating in the motion control industry include:

Siemens AGSchneider Electric SEMitsubishi Electric CorporationABB Ltd.Omron Corporation

These players are actively investing in smart motion technologies and digital solutions to stay competitive in the evolving motion control market forecast landscape.

Explore more insights on motion control competitive landscape: https://www.mordorintelligence.com/industry-reports/motion-control-market/companies?utm_source=prnewswire

Global Motion Control Market Growth by Region

Asia-Pacific continues to lead the market, driven by rapid industrial transformation and increasing adoption of automation across manufacturing hubs. Countries like China, South Korea, and India are investing heavily in advanced production technologies, supported by government initiatives and a growing push toward high-efficiency operations. The availability of skilled talent alongside rising labor costs is accelerating the shift toward automated systems across the region.

In North America, the focus is on modernizing existing industrial facilities through automation and energy-efficient technologies. Companies are also prioritizing secure and resilient systems to protect operations, while ongoing investments aim to strengthen local supply chains and enable faster, more flexible production capabilities.

Check out related reports published by Mordor Intelligence:

Sensor Fusion Market Size – The sensor fusion market was valued at USD 8.74 billion in 2025 and is projected to reach USD 18.21 billion by 2031, growing at a CAGR of 12.65%. Growth is driven by increasing adoption in autonomous vehicles, robotics, and smart devices. The integration of AI and advanced analytics is enhancing data accuracy and real-time decision-making, further accelerating demand.

Robert Bosch GmbH, Continental AG, NXP Semiconductors N.V., STMicroelectronics N.V., Infineon Technologies AG are the major companies operating in this market.

Read more about companies active in the sensor fusion market:
https://www.mordorintelligence.com/industry-reports/sensor-fusion-market/companies?utm_source=prnewswire

Laser Sensor Market Growth – The laser sensor market is expected to grow from USD 0.83 billion in 2025 to USD 1.51 billion by 2031, registering a CAGR of 10.53%. Rising demand for high-precision measurement and non-contact sensing in industrial automation is fueling market growth. Increasing use in quality control and smart manufacturing applications is also contributing to expansion.

Robotic Sensors Market Forecast – The robotic sensors market is projected to expand from USD 0.76 billion in 2025 to USD 1.24 billion by 2031, at a CAGR of 8.36%. Growth is supported by the rising adoption of robotics across industries such as manufacturing, logistics, and healthcare. The need for improved navigation, safety, and real-time sensing capabilities is driving demand.

About Mordor Intelligence

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape.

This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

For any inquiries, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us

Logo: https://mma.prnewswire.com/media/2746908/Mordor_Intelligence_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/motion-control-market-to-reach-usd-24-2-billion-by-2031-led-by-electromechanical-solutions-and-automation-demand-says-mordor-intelligence-302751772.html

SOURCE Mordor Intelligence Private Limited

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

SpaceX perpetual futures become Binance’s No. 2 traded product; Binance captures over 60% market share across CEX and DEX venues

Published

on

By

Binance exceeded $5.6 billion in SPCXUSDT trading volume over last 24 hours, with over $9 billion in accumulated trading volume across SpaceX’s Pre-IPO and post-public listing

ABU DHABI, UAE, June 13, 2026 /PRNewswire/ — Binance has captured over 60% market share for SpaceX derivatives trading across centralized and decentralized exchanges, establishing itself as the leading liquidity venue for the product.

SpaceX perpetual futures (SPCXUSDT) are now Binance’s second–largest traded product, after Bitcoin perpetuals, reflecting strong global demand for exposure to major public–market events.

Binance also offers SpaceX stock and bStock tokenized securities, giving users greater portfolio diversification and hedging opportunities.

Key highlights

SpaceX perpetual futures became Binance’s No. 2 traded product, reflecting significant global demand for exposure to SpaceX’s public market debut.Binance captured >60% market share across CEX and DEX venues for SpaceX derivatives trading.Binance recorded over $5.6 billion in SPCXUSDT trading volume over the last 24 hours, as of June 13, 9:00 AM UTC (Coinglass, CoinMarketCap).Binance leads all CEX and DEX venues in SPCXUSDT Open Interest at $167.22 million (one-sided count).Binance recorded over $9 billion in accumulated SPCXUSDT trading volume across SpaceX’s Pre-IPO and post-public listing on Nasdaq.Binance successfully transitioned the Pre–IPO Perpetual into a standard TradFi Perpetual following SpaceX’s Nasdaq listing, with orderly price discovery anchored to publicly available valuation signals, share-count data, and market expectations.After SpaceX disclosed a higher share count in its S-1/A filing, Binance was the only exchange to successfully rebase its SpaceX Pre-IPO Perpetual contract to ensure users were not negatively impacted by dilution.

“SpaceX’s public listing was one of the most closely watched market events globally. SpaceX derivatives have become Binance’s second–largest traded product, capturing more than 60% market share across CEX and DEX venues, and demonstrating the appeal of our liquidity and product design,” said Shunyet Jan, Head of Spot and Derivatives Business at Binance.

“Our range of products — Pre–IPO futures, standard TradFi futures, stock trading, and tokenized securities — lets users access opportunities across different market lifecycles. This performance underlines our belief that better accessibility unlocks latent demand.”

Binance now offers over 7,000 stocks and ETFs for trading, alongside a broad range of digital assets, moving closer to its vision for a multi-asset financial super app that connects users to global market opportunities.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). In respect of Pre-IPO Perps which are subject to transition to TradFi Perp, there may be particular price volatility following official listing of the Underlying Asset and the share price may not ever reach the Final IPO Price. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Clearing Rules, Exchange Procedures, Clearing Procedures, relevant Contract Specifications  and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 320 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

SOURCE Binance

Continue Reading

Technology

LaVivid Hair Introduces Sports Hair Systems Collection for Men with Active Lifestyles

Published

on

By

LaVivid Hair launches a sports-focused hair systems collection designed for men who want breathable comfort, secure attachment, and natural-looking confidence during workouts, football season, summer activities, and everyday movement.

IRVINE, Calif., June 13, 2026 /PRNewswire-PRWeb/ — As global football excitement builds and more men return to sports, workouts, travel, and outdoor activities, LaVivid Hair has introduced its Sports Hair Systems Collection, a curated lineup of breathable, secure, and natural-looking hair systems designed for men with active lifestyles.

Men should not have to choose between looking natural and living actively. This collection was created for customers who want to work out, play sports, travel, and enjoy daily life with more confidence.

For many men experiencing hair loss, staying active can bring concerns that go beyond performance. They may wonder whether a hair system will stay secure during sweat, whether the hairline will remain natural during movement, or whether they can focus on a game, workout, or summer activity without checking their hair.

LaVivid Hair created the Sports Hair Systems Collection to help answer those concerns with practical product choices built around comfort, hold, realism, and easier maintenance.

The collection focuses on four active-wear priorities:

Breathable comfort: Lace and lace-center constructions help improve airflow during warm weather, workouts, and active days.

Secure attachment: Hybrid bases with skin or poly perimeters provide a stable bonding area for tape or glue, helping wearers feel more confident during movement.

Natural appearance: Lace fronts, graduated hairlines, and realistic density options help maintain a natural look from different angles.

Easy maintenance: Active lifestyles require simple bonding, cleaning, and regular upkeep, especially after sweat, heat, or long wear.

“Men should not have to choose between looking natural and living actively,” said a LaVivid Hair spokesperson. “This collection was created for customers who want to work out, play sports, travel, and enjoy daily life with more confidence.”

Top recommendations from the Sports Hair Systems Collection include Simois, Light Crius, Upgrade Ares, and Mars. Each system serves a different active-wear need, from breathable full lace comfort to hybrid lace-and-skin constructions that balance airflow with secure bonding.

Simois is designed for wearers who want a breathable lace center, a natural lace front hairline, and a skin perimeter for reliable attachment. Light Crius offers a lower-density look with French lace comfort and easy bonding, making it suitable for warm-weather wear and lighter active routines. Upgrade Ares combines a lace center with an ultra-thin skin front for wearers who want a natural front appearance with practical maintenance. Mars, a full lace option, is ideal for men who prioritize maximum breathability and lightweight comfort for light sports and summer activity.

For sports and active lifestyles, LaVivid Hair also recommends pairing the right base with dependable attachment products such as Ultra Hold Tape and Ultra Hold Glue. The right adhesive routine can help improve confidence during workouts, football matches, and daily movement.

The Sports Hair Systems Collection is now available at LaVivid Hair. Customers can explore the collection here:

https://www.lavividhair.com/collections/workout?utm_source=prweb&utm_medium=press-release&utm_campaign=prweb_260318&utm_id=prweb_260318&utm_content=sports_hair_systems_collection

To learn more about LaVivid men’s hair systems, visit:

https://www.lavividhair.com/?utm_source=prweb&utm_medium=press-release&utm_campaign=prweb_260318&utm_id=prweb_260318

About LaVivid Hair

LaVivid Hair provides hair replacement solutions for men around the world, offering natural-looking men’s hair systems designed for different lifestyles, preferences, and everyday needs. Through continuous product development and customer-focused innovation, LaVivid Hair helps wearers regain confidence with comfortable, realistic, and reliable hair systems.

Media Contact

Charlie Sue, LaVivid Hair, 1 833-879-0279, service@lavividhair.com, LaVivid Hair

View original content to download multimedia:https://www.prweb.com/releases/lavivid-hair-introduces-sports-hair-systems-collection-for-men-with-active-lifestyles-302797971.html

SOURCE LaVivid Hair

Continue Reading

Technology

Hexaware Expands Presence in Gujarat with New Delivery Center at GIFT City

Published

on

By

MUMBAI, India, LONDON and ISELIN, N.J., June 13, 2026 /PRNewswire/ — Hexaware Technologies [NSE: HEXT], a global provider of IT solutions and services, today opened a new delivery center at Gujarat International Finance Tec-City (GIFT City), India’s premier international financial services hub. The center, inaugurated by Shri Bhupendra Patel, Hon’ble Chief Minister of Gujarat, will serve Hexaware’s global banking, financial services, and insurance (BFSI) clients across digital solutions, artificial intelligence (AI), cloud transformation, data engineering, and next-gen software services.

Hexaware’s established presence in Ahmedabad and Gujarat provides the foundation for this investment. With the GIFT City center, the company is building a technology and innovation hub that serves financial institutions across global markets. The company aims to create approximately 1,000 high-skilled jobs over the next three years, covering software engineering, digital transformation, AI, cloud, data analytics, business operations, and customer experience services.

“The establishment of Hexaware’s delivery center at GIFT City is a strong endorsement of Gujarat’s position as a globally competitive destination for financial services and technology. This is the kind of high-value investment the state has been building toward, and we are pleased to welcome Hexaware to this ecosystem,” said Chief Minister Bhupendra Patel.

“GIFT City represents a unique convergence of financial services, technology, and innovation. Our expansion into GIFT City aligns with our strategy of being closer to our customers while leveraging India’s exceptional talent ecosystem. We’re excited to contribute to the growth of Gujarat’s technology landscape and create meaningful career opportunities for skilled professionals,” said R. Srikrishna, CEO & Executive Director, Hexaware.

“GIFT City presents a compelling proposition for a company of Hexaware’s focus and scale. The financial services landscape, the quality of talent, and the policy framework the state government has put in place made this a clear decision for us,” said Vikash Kumar Jain, Chief Financial Officer, Hexaware.

The GIFT City center adds to Hexaware’s growing delivery footprint in India, supporting the company’s work with BFSI clients across global markets.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/hexaware-expands-presence-in-gujarat-with-new-delivery-center-at-gift-city-302799597.html

Continue Reading

Trending