New orders for motion control products are up 19% through the third quarter of 2011, according to new statistics released by the Motion Control Association (MCA). In the third quarter, however, year-over-year growth was just 4.2%, compared with 24% year-over-year growth in the second quarter and 29% in the first quarter.
“The results of the third quarter strongly suggest that the motion control market recovery is continuing but at a slower pace,” said Paul Kellett, MCA Director – Market Analysis. Dana Whalls, MCA Vice President added that “despite concerns about the economy, industry experts have reported to us that they expect the motion control market to remain relatively flat for the final quarter of the year.” Whalls added that MCA will provide further updates on the motion control market at the upcoming MCA Business Conference in Orlando, Florida - January 18-20, 2012. A panel of industry leaders including Arun Jain, Siemens; John Payne, Yaskawa Electric America, Inc.; Ken Sweet, Parker Hannifin Corporation; and Andy Vogl, Kollmorgen - a Danaher Motion Company will participate in a session focused on the outlook for the coming year.