For the first nine months of 2012, motion control product shipments are up 2.3 percent over the same period in 2011, according to new statistics released by the Motion Control Association (MCA), the industry's trade group.
"Given the recent weakening in global manufacturing and the looming presence of the ‘fiscal cliff,' it is encouraging to see shipments of motion control products post positive growth year over year through September," says Jeff Burnstein, president of MCA.
"For the first nine months of 2012 we have seen the strongest growth in shipments of Sensors and Feedback Devices (22.5 percent) and AC Motors (21.2 percent)," says Alex Shikany, MCA's director of market analysis. "The motion control market serves many segments of the economy, and because of this we have seen its growth tend to track with that of U.S. GDP, which is averaging 2.3 percent growth year over year through September 2012."
Source: Motion Control Association