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The servo motors and drives market is forecasted to grow by USD 4.37 billion during 2023-2028, accelerating at a CAGR of 5.41% during the forecast period. The report on the servo motors and drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for integrated servo motors and brushless motors, focus on increasing energy efficiency in industries, and increase in demand for automated equipment on industrial premises.
The servo motors and drives market is segmented as below:
By Product
- DC servo motors/drives
- AC servo motors/drives
By Type
- Rotary system
- Linear system
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the servo motors and drives market covers the following areas:
- Servo motors and drives market sizing
- Servo motors and drives market forecast
- Servo motors and drives market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global servo motors and drives market: ABB Ltd., ADTECH SHENZHEN TECHNOLOGY CO. LTD., Danfoss AS, Delta Electronics Inc., Emerson Electric Co., FANUC Corp., Fuji Electric Co. Ltd., Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., OMRON Corp., Parker Hannifin Corp., Regal Rexnord Corp., Robert Bosch GmbH, Rockwell Automation Inc., Rozum Robotics, Schneider Electric SE, SEW EURODRIVE GmbH and Co KG, Siemens AG, and Yaskawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances and new product developments."
According to the report, one of the major drivers for this market is the increasing demand for integrated servo motors and brushless motors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- ADTECH SHENZHEN TECHNOLOGY CO. LTD.
- Danfoss AS
- Delta Electronics Inc.
- Emerson Electric Co.
- FANUC Corp.
- Fuji Electric Co. Ltd.
- Kollmorgen Corp.
- Mitsubishi Electric Corp.
- Nidec Corp.
- OMRON Corp.
- Parker Hannifin Corp.
- Regal Rexnord Corp.
- Robert Bosch GmbH
- Rockwell Automation Inc.
- Rozum Robotics
- Schneider Electric SE
- SEW EURODRIVE GmbH and Co KG
- Siemens AG
- Yaskawa Electric Corp.
