Leap Motion Controller Market Size, Share & Industry Analysis, By Component (Solution, Services), By End-User (Automotive, Aerospace and Defense, Food and Beverages, Healthcare) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106010 | Status : Ongoing

KEY MARKET INSIGHTS

The leap motion controller can be defined as the subfield of automation that helps deal with moving fragments of machines in a controlled manner. These controllers are mainly used in applications such as power, efficiency, accuracy, and product lines. The controllers are designed to regulate specific actuator type that helps in controlling intelligence to command hydraulic, electric or pneumatic actuators.

The outbreak of COVID 19 impacted the leap motion controller market due to the shortage in the supply chain across the globe as the countries were under lockdown. There was a major decline in the demand for products. The manufacturing was shut, and the production was limited due to pandemics resulting in a shortage of raw materials. The decline in exports and shortage in supply are major market restraints of the leap motion controller market for the short term.

Key Market Driver -

• Increasing adoption of advanced and automated processors in manufacturing industries to support the market growth • Demand for safe equipment and easy setup is anticipated to drive the market growth

Key Market Restraint -

• Supply chain disruption due to the outbreak of COVID 19 anticipated to restrict market growth

Key Players Covered:

Major players operating in the leap motion controller market are ABB Ltd, Yokogawa Electric Corporation, YASKAWA Electric Corporation, Allied Motion Inc., Delta Electronics Inc., Fuji Electric, Parker Hannifin Corporation, Mitsubishi Electric Corporation, National Instruments, Omron Corporation, Toshiba Corporation, Siemens AG, Schneider Electric and Rockwell Automation Inc., among others.

Major players opt for various strategies such as mergers, acquisitions, partnerships, product launches, and business expansion to enhance their market presence. For instance, in February 2020, Rockwell Automation acquired ASEM. This would help Rockwell to improve control and visualization and the ability to deliver high-performance integrated automation solutions. Similarly, in January 2020, Rockwell Automation Inc. launched a new circuit breaker that offers various time, space, and cost-saving. This tool is enabled with UL approval for use in group installation.

Regional Analysis:

North America is anticipated to hold the highest market share in the leap motion controller market due to the rapid growth of industrial automation. The next-generation automated process such as advanced robotics, the internet of things, and mobile technology, among others in manufacturing, is expected to help grow the market.

Asia Pacific is anticipated to have significant growth attributed to increasing industrial activities and increased demand for accurate and fast motors and drives to achieve product output. The increasing energy efficiency with the need for software systems is likely to drive the market growth in the region. High growth was observed in machine tools, automotive sectors, and other sectors related to automobiles and smartphones that include semiconductors, electronics assembly, and customized robots for applications is also expected to drive the market growth.

Further, Europe is also expected to have significant growth in industrial robots. They are considered an essential part of manufacturing, capable of visual recognition, and even helps in predicting failure using skill learning and artificial intelligence (AI). Furthermore, growing automation sectors help in increasing the rate of investment, hence driving the growth of the leap motion controller market.

Whereas the Middle East and Africa are still in the growing stage. However, various factors such as economic growth and investment made by governments are expected to drive the market growth in the region.

To gain extensive insights into the market, Request for Customization

Segmentation

ATTRIBUTE	DETAILS
By Component	Solution Services
By End-User	Automotive Aerospace and Defense Food and Beverages Healthcare Manufacturing Others (Semiconductors, Electronics, etc.)
By Region	North America (United States, Canada, and Mexico) South America (Brazil, Argentina, and Rest of South America) Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe) Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of the Middle East & Africa) Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)

Key Industry Developments

September 2020 – SIMATIC MICRO DRIVE launched a protective voltage system that can be used flexibly for connecting cablesand motors. This product launch has extanded the portfolio of siemens for extra low voltage range.

June 2020 – Parker Hannifin launched a fully programmable drive. The programmable parker servo drive (PSD) is an intelligent standalone servo drive, that is programmed by IEC 61131-3 with runtime based on widely distributed CODESYS V3.

REQUEST SAMPLE

SPEAK TO ANALYST

PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

Multi-report Purchase Plan

Information & Technology Clients

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry

Get in Touch with Us

US +1 833 909 2966 ( Toll Free )

UK +44 808 502 0280 ( Toll Free )
+91 744 740 1245 (APAC)
[email protected]