LONDON, Dec. 14, 2016 /PRNewswire/ -- A servomotor is a rotary actuator that allows for precise control of angular or linear position, velocity and acceleration, servo drive is a special electronic amplifier used to power electric servo motor. A servo drive receives a command signal from a control system, amplifies the signal, and transmits electric current to a servo motor in order to produce motion as per command signal. Servo motors are high performance alternative. Servo motors in the fields of application where speed requirement is 2000 rpm or higher.
This report examines the global servo drives and motors market and provides information regarding the revenue (USD Million) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
- Increasing urbanization and industrialization in countries like China, India and other
- Replacement of outdated low efficient stepper motors with performance servo motors
- Demand for energy efficient and high performance electric motors in fields like textile industries, healthcare equipment and etc
- Stringent power consumption
Report includes a detailed analysis on value chain in order to provide a holistic view of the servo drives and motors market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the servo drives and motors market industry, from raw material suppliers to end-users.
Global servo drives and motors market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, and availability of raw materials, competition, and other factors such as social and legal constraints.
The global servo drives and motors market has further been segmented based on type such as Servo drives which include AC servo drives, DC servo drives, adjustable speed and servo motors include AC servo motors, DC brushless, brushed DC and linear servo motors. The study provides forecast and estimates market for each type in terms of revenue during the forecast period from 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
The global servo drives and motors market has been segmented based on application such as automotive, semiconductor and electronics, material handling, food processing, healthcare and others. The study provides forecast and estimates market for each type in terms of revenue during the forecast period from 2015 to 2021. Each application has been further analyzed based on regional and country levels from 2014 to 2021 in terms of revenue.
In terms of geography, the servo drives and motors market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as Siemens AG, Baldor Electric Company, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Rockwell Automation Inc., Schneider Electric S.E, Emerson Electric Co., Parker Hannifin Corporation, Nidec Corporation and ABB Ltd. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides servo drives and motors market market's Mergers/acquisitions, Partnerships, Collaborations, New product launches, new product developments and other industry developments.
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
SEGMENTATIONS IN REPORT:
Servo Drives and Motors Market by Type:Servo DrivesAC servo drivesDC servo drivesAdjustable speedServo MotorsAC servo motorsDC brushlessBrushed DCLinear servo motors
Servo Drives and Motors Market by Application:
Semiconductor and electronics
Servo Drives and Motors Market by Geography:Asia PacificNorth AmericaEuropeLatin AmericaMiddle East And Africa
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