The “Servo Motors and Drives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The global servo motors and drives market grew at a CAGR of around 5% during 2014-2019. Looking forward, the publisher expects the global servo motors and drives market to continue its moderate growth during the next five years.
Servo motors and drives refer to the automated linear or rotary actuators used for precise position control in industrial machineries, such as conveyor belts, packaging machines, food processing units, semiconductors and robots. They are a crucial component of the servo motor controller and operate in closed-loop mechanisms that register positional feedback to control the rotational speed of the motors.
Some of the most commonly used servo motors and drives include simple direct current (DC) brushless, brushed, linear servo motors and alternating current (AC) motors and drives. They are commonly used as an amplifier to control the amount of current being transferred to the motor. As a result, they find extensive applications across various industries, including automotive, semiconductor and electronics, healthcare, packaging, oil & gas and chemicals & petrochemicals.
The increasing automation in factories and other industrial units represents one of the key factors driving the growth of the market. In line with this, the widespread utilization of robotics across industries is also augmenting the market growth. Industrial robots are widely used for assembly, pick-up and manufacturing applications. Rotary servo motors enable interaction between magnets and winding, and offer various advantageous properties, including high-resolution precision feedback, high torque density and minimal energy consumption.
This, along with various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and artificial intelligence (AI), is also contributing to the market growth. In line with this, product manufacturers are also using lightweight materials to create gear systems for remotely assisted products, such as drones and small-sized robots. Other factors, including rapid industrialization, along with the advent of industry 4.0, are anticipated to drive the market further.
- ABB Ltd.
- Bosch Rexroth AG (Robert Bosch)
- Delta Electronics Inc.
- Emerson Electric Co.
- Fanuc Corporation
- Mitsubishi Electric Corporation
- Nidec Corporation
- Rockwell Automation
- Schneider Electric Se
- Siemens AG
- Yaskawa Electric Corporation
Key Questions Answered in This Report:
- How has the global servo motors and drives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global servo motors and drives market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the voltage range?
- What is the breakup of the market based on the system?
- What is the breakup of the market based on the offering?
- What is the breakup of the market based on the communication protocol?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global servo motors and drives market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Servo Motors and Drives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Servo Motors
6.1.1 Market Trends
6.1.2 Major Types
18.104.22.168 AC Servo Motor
22.214.171.124 DC Brush Less Servo Motor
126.96.36.199 Brushed DC Servo Motor
188.8.131.52 Linear Servo Motor
6.1.3 Market Forecast
6.2 Servo Drives
6.2.1 Market Trends
6.2.2 Major Types
184.108.40.206 AC Servo Drive
220.127.116.11 DC Servo Drive
18.104.22.168 Adjustable Servo Drive
6.2.3 Market Forecast
7 Market Breakup by Voltage Range
7.1.1 Market Trends
7.1.2 Market Forecast
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by System
8.1 Linear System
8.2 Rotary System
9 Market Breakup by Offering
9.2 Software and Services
10 Market Breakup by Communication Protocol
10.2 Industrial Ethernet
11 Market Breakup by End Use Industry
11.2 Oil and Gas
11.5 Semiconductor and Electronics
11.6 Chemicals and Petrochemicals
12 Market Breakup by Region
12.1 North America
12.2 Asia Pacific
12.4 Latin America
12.5 Middle East and Africa
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/lofdmv
Laura Wood, Senior Press Manager
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