Servo Motors and Drives Market by System (Linear, Rotary), Communication Type (Fieldbus, Industrial Ethernet, Wireless), Voltage (Low, Medium, High), Brake Technology, Material, Product Type, End-users, Offering and Region - Global Forecast to 2027
The servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period. The increase in motion control equipment’s required for automation in major industrial sectors is driving servo motors and drives market
“Hardware segment is expected to emerge as the largest segment based on offering for the servo motors and drives market”
The servo motors and drives market has been segmented into hardware, software and services. The hardware segment is projected to larger share during the forecast period. This is due to the widespread use of servo motors and drives components, which together constitute the hardware segment. The major reasons behind the growing demand for servo motors and drives include the rapid growth and advancements in industrial automation. Setting up automation requires servo motors and drives, which offer a high level of precision, accuracy, and torque with low maintenance costs
“Servo Drives segment is expected to be the fastest growing segment of the servo motors and drives market, by product type “
Based on product type the servo motors and drives market is segmented into servo motors and servo drives. Servo drives have observed high demand since the last few years, driven by advancements in servo systems, which has facilitated easy customization. Advancements, in turn, have led to increased use of servo drives in industrial control systems, warehouse automation, and robotics.
“Asia Pacific is expected to be the largest market during the forecast period.”
The Asia Pacific is expected to be the largest growing market in the servo motors and drives market. The growth of the market in Asia Pacific can be attributed to the flourishing electronics market in India, China, Taiwan, and Japan. These countries are the leading markets for consumer electronics, such as smartphones, home appliances, kitchen appliances, smart home devices, remote control solutions, wearable devices, and other battery-operated electronic products. The growth of the servo motors and drives market in Asia Pacific can also be attributed to its booming automotive manufacturing sector. The sector has witnessed rapid changes in terms of manufacturing technologies to enhance automotive production and manufacturing facilities. These changes are projected to catalyze the adoption of servo motors and drives in the Asia Pacific region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
Note: The tiers of the companies are defined based on their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The servo motors and drives market are dominated by a few major players that have a wide regional presence. The leading players in the servo motors and drives are Yaskawa Electric (Japan), Siemens AG (Germany), Mitsubishi Electric (Japan), Schneider Electric (France), Rockwell Automation (US), and ABB (Switzerland).
Research Coverage:
The report defines, describes, and forecasts the global servo motors and drives market, by offering, by product type, by system, by communication, by brake technology, by material of construction, by voltage and by region. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the servo motors and drives market
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for servo motors and drives, which would help equipment manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
“Hardware segment is expected to emerge as the largest segment based on offering for the servo motors and drives market”
The servo motors and drives market has been segmented into hardware, software and services. The hardware segment is projected to larger share during the forecast period. This is due to the widespread use of servo motors and drives components, which together constitute the hardware segment. The major reasons behind the growing demand for servo motors and drives include the rapid growth and advancements in industrial automation. Setting up automation requires servo motors and drives, which offer a high level of precision, accuracy, and torque with low maintenance costs
“Servo Drives segment is expected to be the fastest growing segment of the servo motors and drives market, by product type “
Based on product type the servo motors and drives market is segmented into servo motors and servo drives. Servo drives have observed high demand since the last few years, driven by advancements in servo systems, which has facilitated easy customization. Advancements, in turn, have led to increased use of servo drives in industrial control systems, warehouse automation, and robotics.
“Asia Pacific is expected to be the largest market during the forecast period.”
The Asia Pacific is expected to be the largest growing market in the servo motors and drives market. The growth of the market in Asia Pacific can be attributed to the flourishing electronics market in India, China, Taiwan, and Japan. These countries are the leading markets for consumer electronics, such as smartphones, home appliances, kitchen appliances, smart home devices, remote control solutions, wearable devices, and other battery-operated electronic products. The growth of the servo motors and drives market in Asia Pacific can also be attributed to its booming automotive manufacturing sector. The sector has witnessed rapid changes in terms of manufacturing technologies to enhance automotive production and manufacturing facilities. These changes are projected to catalyze the adoption of servo motors and drives in the Asia Pacific region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 65%, Tier 2- 24%and Tier 3- 11%
- By Designation: C-Level- 30%, Managers- 25%, and Others- 45%
- By Region: North America- 33%, Europe- 27%, Asia Pacific- 20%, the Middle East & Africa- 8%, and South America-12%
Note: The tiers of the companies are defined based on their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The servo motors and drives market are dominated by a few major players that have a wide regional presence. The leading players in the servo motors and drives are Yaskawa Electric (Japan), Siemens AG (Germany), Mitsubishi Electric (Japan), Schneider Electric (France), Rockwell Automation (US), and ABB (Switzerland).
Research Coverage:
The report defines, describes, and forecasts the global servo motors and drives market, by offering, by product type, by system, by communication, by brake technology, by material of construction, by voltage and by region. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the servo motors and drives market
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for servo motors and drives, which would help equipment manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 SERVO MOTORS AND DRIVES MARKET, BY OFFERING: INCLUSIONS & EXCLUSIONS
1.2.2 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE: INCLUSIONS & EXCLUSIONS
1.2.3 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE:
INCLUSIONS & EXCLUSIONS
1.2.4 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY: INCLUSIONS & EXCLUSIONS
1.2.5 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE:
INCLUSIONS & EXCLUSIONS
1.2.6 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE: INCLUSIONS & EXCLUSIONS
1.2.7 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION: INCLUSIONS & EXCLUSIONS
1.2.8 SERVO MOTORS AND DRIVES MARKET, BY END-USER:
INCLUSIONS & EXCLUSIONS
1.2.9 SERVO MOTORS AND DRIVES MARKET, BY REGION:
INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SERVO MOTORS AND DRIVES MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
2.2.1 SECONDARY AND PRIMARY RESEARCH
2.2.2 SECONDARY DATA
2.2.2.1 List of key secondary sources
2.2.2.2 Key data from secondary sources
2.2.3 PRIMARY DATA
2.2.3.1 Key data from primary sources
2.2.3.2 Breakdown of primaries
2.3 RESEARCH SCOPE
2.4 DEMAND-SIDE ANALYSIS
FIGURE 2 PARAMETERS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR SERVO MOTORS AND DRIVES
2.4.1 DEMAND-SIDE ANALYSIS: BOTTOM-UP APPROACH
FIGURE 3 SERVO MOTORS AND DRIVES MARKET: REGION/COUNTRY-WISE ANALYSIS
2.4.1.1 Approach used to obtain market size using bottom-up analysis (demand side)
2.4.1.2 Calculation of demand-side analysis of servo motors and drives market
2.4.1.3 Key assumptions while calculating demand-side market size
2.4.2 SUPPLY-SIDE ANALYSIS: TOP-DOWN APPROACH
FIGURE 4 SERVO MOTORS AND DRIVES MARKET: TOP-DOWN APPROACH
2.4.2.1 Approach used to obtain market size using top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 – TOP-DOWN (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATIONS FOR COMPANY IN SERVO MOTORS AND DRIVES MARKET
2.4.2.2 Calculations for supply-side analysis
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SERVO MOTORS AND DRIVES
2.4.2.3 Assumptions while calculating supply-side market size
FIGURE 7 COMPANY REVENUE ANALYSIS, 2021
2.5 RESEARCH ASSUMPTIONS
2.5.1 ASSUMPTIONS
2.5.2 LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
TABLE 1 SERVO MOTORS AND DRIVES MARKET SNAPSHOT
FIGURE 8 ASIA PACIFIC HELD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2021
FIGURE 9 HARDWARE SEGMENT HOLDS LARGER SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2022
FIGURE 10 SERVO MOTORS TO CONTINUE TO ACCOUNT FOR LARGER SIZE OF SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
FIGURE 11 LOW-VOLTAGE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2027
FIGURE 12 ROTARY SYSTEMS SEGMENT TO CONTINUE TO HOLD LARGER SHARE IN SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
FIGURE 13 PERMANENT MAGNET SEGMENT TO CONTINUE TO BE LARGEST IN SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
FIGURE 14 FIELDBUS SEGMENT TO CONTINUE TO BE LARGEST IN SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, DURING FORECAST PERIOD
FIGURE 15 STAINLESS STEEL SEGMENT TO HOLD LARGER SIZE OF MARKET, BY MATERIAL OF CONSTRUCTION, IN 2027
FIGURE 16 AUTOMOTIVE & TRANSPORTATION SEGMENT TO CONTINUE TO HOLD LARGEST SIZE OF MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SERVO MOTORS AND DRIVES MARKET
FIGURE 17 GROWING AUTOMATION IN INDUSTRIES IS INCREASING SMART MANUFACTURING INITIATIVES, WHICH IS DRIVING DEMAND FOR SERVO MOTORS AND DRIVES
4.2 SERVO MOTORS AND DRIVES MARKET, BY REGION
FIGURE 18 ASIA PACIFIC TO BE FASTEST-GROWING SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
4.3 SERVO MOTORS AND DRIVES MARKET IN ASIA PACIFIC, BY END-USER AND COUNTRY
FIGURE 19 AUTOMOTIVE & TRANSPORTATION AND CHINA WERE LARGEST SHAREHOLDERS OF SERVO MOTORS AND DRIVES MARKET IN ASIA PACIFIC IN 2021
4.4 SERVO MOTORS AND DRIVES MARKET, BY OFFERING
FIGURE 20 HARDWARE SEGMENT TO ACCOUNT FOR LARGER SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2027
4.5 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE
FIGURE 21 SERVO MOTORS TO HOLD LARGER SHARE OF MARKET IN 2027
4.6 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE
FIGURE 22 LOW VOLTAGE SEGMENT TO HOLD LARGEST SHARE OF MARKET IN 2027
4.7 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE
FIGURE 23 ROTARY SYSTEMS TO HOLD LARGEST SHARE OF MARKET IN 2027
4.8 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY
FIGURE 24 PERMANENT MAGNET SEGMENT TO HOLD LARGEST SHARE OF MARKET IN 2027
4.9 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION
FIGURE 25 STAINLESS STEEL SEGMENT TO HOLD LARGER SHARE OF MARKET IN 2027
4.10 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE
FIGURE 26 FIELDBUS TO HOLD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2027
4.11 SERVO MOTORS AND DRIVES MARKET, BY END-USER
FIGURE 27 AUTOMOTIVE & TRANSPORTATION INDUSTRY TO HOLD LARGEST SHARE OF MARKET IN 2027
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 28 SERVO MOTORS AND DRIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising need for motion control systems in automated production plants
FIGURE 29 OPERATIONAL INDUSTRIAL ROBOTS FROM PAST SIX YEARS
5.2.1.2 Increasing adoption of servo motors due to better features compared with stepper motors
TABLE 2 COMPARISON BETWEEN SERVO MOTORS AND STEPPER MOTORS
5.2.2 RESTRAINTS
5.2.2.1 High investment involved in integrating new automation technologies into current infrastructure
5.2.2.2 Lower cost of other motion control motors compared with servo motors
5.2.3 OPPORTUNITIES
5.2.3.1 Need for feedback control in servo systems driving demand for encoders
5.2.3.2 Growth in adoption of smart manufacturing initiatives in industries
TABLE 3 PRIORITIES OF MANUFACTURERS IN IMPLEMENTING SMART MANUFACTURING INITIATIVES
5.2.4 CHALLENGES
5.2.4.1 Supply-chain disruptions in steel industry
FIGURE 30 GLOBAL YEAR-ON-YEAR PRODUCTION TREND FOR IRON AND STEEL
5.2.4.2 Shortage of skilled workforce to handle complexities in automated manufacturing facilities
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS
FIGURE 31 REVENUE SHIFT FOR SERVO MOTORS AND DRIVES
5.4 VALUE CHAIN ANALYSIS
FIGURE 32 VALUE CHAIN ANALYSIS: SERVO MOTORS AND DRIVES MARKET
5.4.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.4.2 COMPONENT MANUFACTURERS
5.4.3 MANUFACTURERS/ASSEMBLERS
5.4.4 END-USERS
5.4.5 POST-SALES SERVICE PROVIDERS
5.5 MARKET MAP
FIGURE 33 MARKET MAP: SERVO MOTORS AND DRIVES MARKET
TABLE 4 SERVO MOTORS AND DRIVES MARKET: ROLE IN ECOSYSTEM
5.6 AVERAGE SELLING PRICE TREND
TABLE 5 AVERAGE SELLING PRICE OF SERVO MOTORS AND DRIVES, BY PRODUCT TYPE (KEY PLAYERS)
5.7 TECHNOLOGY ANALYSIS
5.7.1 DUAL UNIVERSAL FEEDBACK
5.7.2 DIRECT-DRIVE MOTOR TECHNOLOGY
5.8 TRADE ANALYSIS
5.8.1 EXPORT SCENARIO
TABLE 6 EXPORT SCENARIO FOR HS CODE 8501, BY COUNTRY, 2019–2021 (USD THOUSAND)
5.8.2 IMPORT SCENARIO
TABLE 7 IMPORT SCENARIO FOR HS CODE: 8501, BY COUNTRY, 2019–2021 (USD THOUSAND)
5.9 TARIFF AND REGULATORY LANDSCAPE
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 MIDDLE EAST AND AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.2 CODES AND REGULATIONS RELATED TO SERVO MOTORS AND DRIVES
TABLE 13 NORTH AMERICA: CODES AND REGULATIONS
TABLE 14 ASIA PACIFIC: CODES AND REGULATIONS
TABLE 15 EUROPE: CODES AND REGULATIONS
TABLE 16 GLOBAL: CODES AND REGULATIONS
5.10 PORTER’S FIVE FORCES ANALYSIS
FIGURE 34 SERVO MOTORS AND DRIVES MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 17 SERVO MOTORS AND DRIVES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.10.1 THREAT OF SUBSTITUTES
5.10.2 BARGAINING POWER OF SUPPLIERS
5.10.3 BARGAINING POWER OF BUYERS
5.10.4 THREAT OF NEW ENTRANTS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USER
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USERS (%)
5.11.2 BUYING CRITERIA
FIGURE 36 KEY BUYING CRITERIA OF TOP END-USERS
TABLE 19 KEY BUYING CRITERIA, BY END-USER
5.12 INNOVATIONS AND REGISTERED PATENTS
TABLE 20 SERVO MOTORS AND DRIVES: INNOVATIONS AND REGISTERED PATENTS, 2022–2019
5.13 CASE STUDY ANALYSIS
5.13.1 MOTION CONTROL MOTORS AND DRIVES DESIGNED WITH CUTTING-EDGE TECHNOLOGY ACCELERATE BOTTLE LABELING
5.13.2 TROUBLESHOOTING MOTION CONTROL SYSTEM USING MOOG ANIMATICS SMART MOTOR DATA
5.14 KEY CONFERENCES AND EVENTS, 2022–2023
TABLE 21 SERVO MOTORS AND DRIVES MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
6 SERVO MOTORS AND DRIVES MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 37 HARDWARE SEGMENT HELD LARGER MARKET SHARE IN 2021
TABLE 22 SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
6.2 HARDWARE
TABLE 23 HARDWARE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
6.2.1 SENSORS
6.2.1.1 Adoption of MEMS-based sensors to boost market growth
6.2.2 CONTROLLER MODULES
6.2.2.1 Controller modules improve efficiency of servo motors by tracking commanded inputs and blocking errors
6.2.3 ENCODERS
6.2.3.1 Increasing demand for industrial robots to boost adoption of high-resolution rotary encoders
6.2.4 ELECTRONIC AMPLIFIERS
6.2.4.1 Development of enhancement-mode GaN field-effect transistor-based class D amplifiers to boost use of electronic amplifiers
6.2.5 OTHER COMPONENTS
6.3 SOFTWARE AND SERVICES
6.3.1 SERVO SOFTWARE AUTOMATE VARIOUS TASKS INVOLVED IN RUNNING AND MONITORING CONNECTED FIELD DEVICES
TABLE 24 SOFTWARE AND SERVICES: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
7 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE
7.1 INTRODUCTION
FIGURE 38 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2021
TABLE 25 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
7.2 SERVO MOTORS
7.2.1 RISING DEMAND FOR CLOSED-LOOP CONTROL TO IMPROVE RELIABILITY OF INDUSTRIAL PROCESSES
TABLE 26 SERVO MOTORS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
7.3 SERVO DRIVES
7.3.1 GROWING NEED FOR SERVO DRIVES TO CONTROL SERVO MOTORS
TABLE 27 SERVO DRIVES: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
8 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE
8.1 INTRODUCTION
FIGURE 39 LOW-VOLTAGE SEGMENT HELD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2021
TABLE 28 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
8.2 LOW VOLTAGE (BELOW 400 V)
8.2.1 EASE OF OPERATION AND LOW SETUP & MAINTENANCE COSTS TO DRIVE MARKET
TABLE 29 LOW VOLTAGE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
8.3 MEDIUM VOLTAGE (BETWEEN 400 V AND 690 V)
8.3.1 MEDIUM-VOLTAGE SERVO DRIVES OFFER BENEFITS SUCH AS ECONOMIES OF SCALE AND HIGH RELIABILITY
TABLE 30 MEDIUM VOLTAGE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
8.4 HIGH VOLTAGE (ABOVE 690 V)
8.4.1 HIGH-VOLTAGE SERVO DRIVES OFFER PROGRAMMABLE SETTINGS THAT LEAD TO IMPROVED QUALITY ASSURANCE
TABLE 31 HIGH VOLTAGE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
9 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE
9.1 INTRODUCTION
FIGURE 40 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2021
TABLE 32 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
9.2 LINEAR SYSTEMS
9.2.1 DIRECT-DRIVE LINEAR SERVO MOTORS OFFER BENEFITS SUCH AS IMPROVED THROUGHPUT AND BETTER PRECISION
TABLE 33 LINEAR SYSTEMS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
9.3 ROTARY SYSTEMS
9.3.1 NEED TO IMPROVE PRODUCTIVITY OF PROCESSES IN VARIOUS INDUSTRIES TO DRIVE PENETRATION
TABLE 34 ROTARY SYSTEMS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
10 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY
10.1 INTRODUCTION
FIGURE 41 PERMANENT MAGNET TECHNOLOGY HELD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2021
TABLE 35 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
10.2 SPRING
10.2.1 SPRING BRAKES ARE MAINLY USED IN ROBOTICS, ELEVATORS, AND LIFTING MACHINES
TABLE 36 SPRING: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
10.3 PERMANENT MAGNET
10.3.1 PERMANENT MAGNET BRAKES IDEAL FOR ROBOTS AND HANDLING EQUIPMENT
TABLE 37 PERMANENT MAGNET: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
10.4 OTHERS
TABLE 38 OTHERS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
11 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION
11.1 INTRODUCTION
FIGURE 42 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2021
TABLE 39 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
11.2 STAINLESS STEEL
11.2.1 ABILITY OF STAINLESS STEEL TO HANDLE HARSH ENVIRONMENTS TO DRIVE DEMAND
TABLE 40 STAINLESS STEEL: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
11.3 OTHERS
TABLE 41 OTHERS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
12 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE
12.1 INTRODUCTION
FIGURE 43 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2021
TABLE 42 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
12.2 FIELDBUS
12.2.1 REDUCTION OF CABLE INSTALLATIONS FOR COMMUNICATION TO DRIVE DEMAND
TABLE 43 FIELDBUS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
12.3 INDUSTRIAL ETHERNET
12.3.1 FEATURES SUCH AS HIGH-SPEED TRANSMISSION TO DRIVE DEMAND
TABLE 44 INDUSTRIAL ETHERNET: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
12.4 WIRELESS
12.4.1 RELIABLE COMMUNICATION TECHNOLOGIES SUCH AS WLAN AND BLUETOOTH TO DRIVE MARKET
TABLE 45 WIRELESS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13 SERVO MOTORS AND DRIVES MARKET, BY END-USER
13.1 INTRODUCTION
FIGURE 44 SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2021
TABLE 46 SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
13.2 AUTOMOTIVE & TRANSPORTATION
13.2.1 NEW TECHNOLOGIES IN MOBILITY TO DRIVE DEMAND
TABLE 47 AUTOMOTIVE & TRANSPORTATION: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.3 SEMICONDUCTOR & ELECTRONICS
13.3.1 SERVO MOTORS FACILITATE SEMICONDUCTOR MANUFACTURING PROCESSES
TABLE 48 SEMICONDUCTOR & ELECTRONICS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.4 FOOD PROCESSING
13.4.1 HIGH-PRECISION REQUIREMENTS IN FOOD PROCESSING INDUSTRY TO CREATE DEMAND
TABLE 49 FOOD PROCESSING: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.5 TEXTILE
13.5.1 HIGH-QUALITY PRODUCTION OFFERED BY SERVO MOTORS TO ACCELERATE DEMAND
TABLE 50 TEXTILE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.6 PETROCHEMICAL
13.6.1 ABILITY OF SERVO MOTORS TO WORK IN HARSH ENVIRONMENTS TO DRIVE MARKET
TABLE 51 PETROCHEMICAL: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.7 PHARMACEUTICAL & HEALTHCARE
13.7.1 REQUIREMENT OF SERVO MOTORS FOR PROPER HANDLING OF PRODUCTION PROCESSES TO DRIVE MARKET
TABLE 52 PHARMACEUTICAL & HEALTHCARE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.8 PACKAGING
13.8.1 NEED FOR SPEED, PRECISION, AND RELIABILITY IN PACKAGING APPLICATIONS TO DRIVE MARKET
TABLE 53 PACKAGING: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.9 PRINTING & PAPER
13.9.1 FLEXIBILITY IN PRINTING OPERATIONS TO BOOST DEMAND
TABLE 54 PRINTING & PAPER: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.10 OTHERS
TABLE 55 OTHERS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
14 REGIONAL ANALYSIS
14.1 INTRODUCTION
FIGURE 45 SERVO MOTORS AND DRIVES MARKET: REGIONAL SNAPSHOT
FIGURE 46 REGIONAL ANALYSIS OF SERVO MOTORS AND DRIVES MARKET, 2021
TABLE 56 SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
TABLE 57 SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027(MILLION UNITS)
14.2 ASIA PACIFIC
FIGURE 47 ASIA PACIFIC: SNAPSHOT OF SERVO MOTORS AND DRIVES MARKET
14.2.1 BY OFFERING
TABLE 58 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.2.2 BY PRODUCT TYPE
TABLE 59 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.2.3 BY VOLTAGE
TABLE 60 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.2.4 BY SYSTEM TYPE
TABLE 61 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.2.5 BY BRAKE TECHNOLOGY
TABLE 62 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.2.6 BY MATERIAL OF CONSTRUCTION
TABLE 63 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.2.7 BY COMMUNICATION TYPE
TABLE 64 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.2.8 BY END-USER
TABLE 65 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9 BY COUNTRY
TABLE 66 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.2.9.1 Japan
14.2.9.1.1 Developments in robotics to drive demand
TABLE 67 JAPAN: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.2 China
14.2.9.2.1 Rise in demand for electric vehicles to boost market growth
TABLE 68 CHINA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.3 India
14.2.9.3.1 Government initiatives to automate industries to propel market
TABLE 69 INDIA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.4 South Korea
14.2.9.4.1 Rise in developments in electric vehicles to boost demand
TABLE 70 SOUTH KOREA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.5 Rest of Asia Pacific
TABLE 71 REST OF ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3 EUROPE
FIGURE 48 EUROPE: SNAPSHOT OF SERVO MOTORS AND DRIVES MARKET
14.3.1 BY OFFERING
TABLE 72 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.3.2 BY PRODUCT TYPE
TABLE 73 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.3.3 BY VOLTAGE
TABLE 74 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.3.4 BY SYSTEM TYPE
TABLE 75 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.3.5 BY BRAKE TECHNOLOGY
TABLE 76 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.3.6 BY MATERIAL OF CONSTRUCTION
TABLE 77 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.3.7 BY COMMUNICATION TYPE
TABLE 78 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.3.8 BY END-USER
TABLE 79 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9 BY COUNTRY
TABLE 80 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.3.9.1 Germany
14.3.9.1.1 Growing demand for passenger cars and light commercial vehicles to drive market
TABLE 81 GERMANY: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.2 France
14.3.9.2.1 Increasing use of servo robots in automotive industry to spur market growth
TABLE 82 FRANCE: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.3 UK
14.3.9.3.1 Rising government initiatives such as ‘Made Smarter’ to drive market
TABLE 83 UK: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.4 Italy
14.3.9.4.1 Surging demand for renewable energy to drive adoption of explosion-proof servo motors
TABLE 84 ITALY: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.5 Rest of Europe
TABLE 85 REST OF EUROPE: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4 NORTH AMERICA
FIGURE 49 NORTH AMERICA: SNAPSHOT OF SERVO MOTORS AND DRIVES MARKET
14.4.1 BY OFFERING
TABLE 86 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.4.2 BY PRODUCT TYPE
TABLE 87 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.4.3 BY VOLTAGE
TABLE 88 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.4.4 BY SYSTEM TYPE
TABLE 89 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.4.5 BY BRAKE TECHNOLOGY
TABLE 90 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.4.6 BY MATERIAL OF CONSTRUCTION
TABLE 91 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.4.7 BY COMMUNICATION TYPE
TABLE 92 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.4.8 BY END-USER
TABLE 93 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4.9 BY COUNTRY
TABLE 94 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.4.9.1 US
14.4.9.1.1 Advancements in medical equipment and devices to boost demand
TABLE 95 US: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4.9.2 Canada
14.4.9.2.1 Adoption of automation in automobile industry to spur market growth
TABLE 96 CANADA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4.9.3 Mexico
14.4.9.3.1 Adoption of in-line manufacturing by food & beverage industry to drive demand
TABLE 97 MEXICO: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5 MIDDLE EAST & AFRICA
14.5.1 BY OFFERING
TABLE 98 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.5.2 BY PRODUCT TYPE
TABLE 99 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.5.3 BY VOLTAGE
TABLE 100 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.5.4 BY SYSTEM TYPE
TABLE 101 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.5.5 BY BRAKE TECHNOLOGY
TABLE 102 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.5.6 BY MATERIAL OF CONSTRUCTION
TABLE 103 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.5.7 BY COMMUNICATION TYPE
TABLE 104 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.5.8 BY END-USER
TABLE 105 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5.9 BY COUNTRY
TABLE 106 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.5.9.1 Saudi Arabia
14.5.9.1.1 Initiatives to implement smart manufacturing to drive Industry 4.0 revolution
TABLE 107 SAUDI ARABIA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5.9.2 South Africa
14.5.9.2.1 Rise in demand for robotics process automation to boost demand
TABLE 108 SOUTH AFRICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5.9.3 Rest of Middle East & Africa
TABLE 109 REST OF MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.6 SOUTH AMERICA
14.6.1 BY OFFERING
TABLE 110 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.6.2 BY PRODUCT TYPE
TABLE 111 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.6.3 BY VOLTAGE
TABLE 112 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.6.4 BY SYSTEM TYPE
TABLE 113 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.6.5 BY BRAKE TECHNOLOGY
TABLE 114 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.6.6 BY MATERIAL OF CONSTRUCTION
TABLE 115 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.6.7 BY COMMUNICATION TYPE
TABLE 116 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.6.8 BY END-USER
TABLE 117 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.6.9 BY COUNTRY
TABLE 118 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.6.9.1 Brazil
14.6.9.1.1 Ongoing developments to integrate automation into industries to drive demand
TABLE 119 BRAZIL: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.6.9.2 Rest of South America
TABLE 120 REST OF SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
15 COMPETITIVE LANDSCAPE
15.1 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 121 REVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF SERVO MOTORS AND DRIVES
15.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021
FIGURE 50 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN SERVO MOTORS AND DRIVES MARKET, 2021
TABLE 122 SERVO MOTORS AND DRIVES MARKET: DEGREE OF COMPETITION
FIGURE 51 SERVO MOTORS AND DRIVES MARKET SHARE ANALYSIS, 2021
15.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 52 REVENUE ANALYSIS OF TOP 5 PLAYERS IN SERVO MOTORS AND DRIVES MARKET FROM 2017 TO 2021
15.4 COMPANY EVALUATION MATRIX/QUADRANT
15.4.1 STARS
15.4.2 PERVASIVE PLAYERS
15.4.3 EMERGING LEADERS
15.4.4 PARTICIPANTS
FIGURE 53 SERVO MOTORS AND DRIVES MARKET (GLOBAL)
COMPANY EVALUATION MATRIX, 2021
15.5 STARTUP/SME EVALUATION QUADRANT
15.5.1 PROGRESSIVE COMPANIES
15.5.2 RESPONSIVE COMPANIES
15.5.3 DYNAMIC COMPANIES
15.5.4 STARTING BLOCKS
FIGURE 54 SERVO MOTORS AND DRIVES MARKET:
STARTUP/SME EVALUATION QUADRANT, 2021
15.6 COMPETITIVE BENCHMARKING
TABLE 123 SERVO MOTORS AND DRIVES MARKET: DETAILED LIST OF KEY STARTUP/SMES
TABLE 124 SERVO MOTORS AND DRIVES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
15.7 SERVO MOTORS AND DRIVES MARKET: COMPANY FOOTPRINT
TABLE 125 SYSTEM TYPE: COMPANY FOOTPRINT
TABLE 126 PRODUCT TYPE: COMPANY FOOTPRINT
TABLE 127 BY END-USER: COMPANY FOOTPRINT
TABLE 128 REGION: COMPANY FOOTPRINT
TABLE 129 COMPANY FOOTPRINT
15.8 COMPETITIVE SCENARIO
TABLE 130 SERVO MOTORS AND DRIVES MARKET: NEW PRODUCT LAUNCHES, NOVEMBER 2020–JULY 2022
TABLE 131 SERVO MOTORS AND DRIVES MARKET: OTHERS, MAY 2022–JUNE 2022
16 COMPANY PROFILES
(Business and Financial Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
16.1 YASKAWA ELECTRIC
TABLE 132 YASKAWA ELECTRIC: BUSINESS OVERVIEW
FIGURE 55 YASKAWA ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 133 YASKAWA ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 134 YASKAWA ELECTRIC: PRODUCT LAUNCHES
TABLE 135 YASKAWA ELECTRIC: OTHERS
16.2 MITSUBISHI ELECTRIC
TABLE 136 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
FIGURE 56 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 137 MITSUBISHI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 138 MITSUBISHI ELECTRIC: OTHERS
16.3 SIEMENS
TABLE 139 SIEMENS: BUSINESS OVERVIEW
FIGURE 57 SIEMENS: COMPANY SNAPSHOT, 2021
TABLE 140 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 141 SIEMENS: PRODUCT LAUNCHES
16.4 SCHNEIDER ELECTRIC
TABLE 142 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 58 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 143 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.5 ROCKWELL AUTOMATION
TABLE 144 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 59 ROCKWELL AUTOMATION: COMPANY SNAPSHOT, 2021
TABLE 145 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
16.6 ABB
TABLE 147 ABB: BUSINESS OVERVIEW
FIGURE 60 ABB: COMPANY SNAPSHOT, 2021
TABLE 148 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 149 ABB: PRODUCT LAUNCHES
TABLE 150 ABB: OTHERS
16.7 NIDEC
TABLE 151 NIDEC: BUSINESS OVERVIEW
FIGURE 61 NIDEC: COMPANY SNAPSHOT, 2021
TABLE 152 NIDEC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 153 NIDEC: PRODUCT LAUNCHES
16.8 DELTA ELECTRONICS
TABLE 154 DELTA ELECTRONICS: BUSINESS OVERVIEW
FIGURE 62 DELTA ELECTRONICS: COMPANY SNAPSHOT, 2021
TABLE 155 DELTA ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 DELTA ELECTRONICS: PRODUCT LAUNCHES
16.9 FANUC
TABLE 157 FANUC: BUSINESS OVERVIEW
FIGURE 63 FANUC: COMPANY SNAPSHOT, 2021
TABLE 158 FANUC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.10 FUJI ELECTRIC
TABLE 159 FUJI ELECTRIC: BUSINESS OVERVIEW
FIGURE 64 FUJI ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 160 FUJI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.11 KOLLMORGEN
TABLE 161 KOLLMORGEN: BUSINESS OVERVIEW
FIGURE 65 KOLLMORGEN: COMPANY SNAPSHOT, 2021
TABLE 162 KOLLMORGEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 163 KOLLMORGEN: PRODUCT LAUNCHES
16.12 PARKER HANNIFIN CORPORATION
TABLE 164 PARKER HANNIFIN CORPORATION: BUSINESS OVERVIEW
FIGURE 66 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT, 2021
TABLE 165 PARKER HANNIFIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 PARKER HANNIFIN CORPORATION: PRODUCT LAUNCHES
16.13 OMRON CORPORATION (OMRON)
TABLE 167 OMRON CORPORATION (OMRON): BUSINESS OVERVIEW
FIGURE 67 OMRON CORPORATION (OMRON): COMPANY SNAPSHOT, 2021
TABLE 168 OMRON CORPORATION (OMRON): PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 169 OMRON CORPORATION (OMRON): PRODUCT LAUNCHES
16.14 SEW EURODRIVE
TABLE 170 SEW EURODRIVE: BUSINESS OVERVIEW
TABLE 171 SEW EURODRIVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.15 LENZE
TABLE 172 LENZE: BUSINESS OVERVIEW
FIGURE 68 LENZE: COMPANY SNAPSHOT, 2021
TABLE 173 LENZE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 174 LENZE: PRODUCT LAUNCHES
16.16 BOSCH REXROTH
16.17 WEG
16.18 AMETEK
16.19 ROZUM ROBOTICS
16.20 ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.
*Details on Business and Financial Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
17 APPENDIX
17.1 INSIGHTS FROM INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.4 CUSTOMIZATION OPTIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 SERVO MOTORS AND DRIVES MARKET, BY OFFERING: INCLUSIONS & EXCLUSIONS
1.2.2 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE: INCLUSIONS & EXCLUSIONS
1.2.3 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE:
INCLUSIONS & EXCLUSIONS
1.2.4 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY: INCLUSIONS & EXCLUSIONS
1.2.5 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE:
INCLUSIONS & EXCLUSIONS
1.2.6 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE: INCLUSIONS & EXCLUSIONS
1.2.7 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION: INCLUSIONS & EXCLUSIONS
1.2.8 SERVO MOTORS AND DRIVES MARKET, BY END-USER:
INCLUSIONS & EXCLUSIONS
1.2.9 SERVO MOTORS AND DRIVES MARKET, BY REGION:
INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SERVO MOTORS AND DRIVES MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
2.2.1 SECONDARY AND PRIMARY RESEARCH
2.2.2 SECONDARY DATA
2.2.2.1 List of key secondary sources
2.2.2.2 Key data from secondary sources
2.2.3 PRIMARY DATA
2.2.3.1 Key data from primary sources
2.2.3.2 Breakdown of primaries
2.3 RESEARCH SCOPE
2.4 DEMAND-SIDE ANALYSIS
FIGURE 2 PARAMETERS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR SERVO MOTORS AND DRIVES
2.4.1 DEMAND-SIDE ANALYSIS: BOTTOM-UP APPROACH
FIGURE 3 SERVO MOTORS AND DRIVES MARKET: REGION/COUNTRY-WISE ANALYSIS
2.4.1.1 Approach used to obtain market size using bottom-up analysis (demand side)
2.4.1.2 Calculation of demand-side analysis of servo motors and drives market
2.4.1.3 Key assumptions while calculating demand-side market size
2.4.2 SUPPLY-SIDE ANALYSIS: TOP-DOWN APPROACH
FIGURE 4 SERVO MOTORS AND DRIVES MARKET: TOP-DOWN APPROACH
2.4.2.1 Approach used to obtain market size using top-down analysis (supply side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 – TOP-DOWN (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATIONS FOR COMPANY IN SERVO MOTORS AND DRIVES MARKET
2.4.2.2 Calculations for supply-side analysis
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF SERVO MOTORS AND DRIVES
2.4.2.3 Assumptions while calculating supply-side market size
FIGURE 7 COMPANY REVENUE ANALYSIS, 2021
2.5 RESEARCH ASSUMPTIONS
2.5.1 ASSUMPTIONS
2.5.2 LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
TABLE 1 SERVO MOTORS AND DRIVES MARKET SNAPSHOT
FIGURE 8 ASIA PACIFIC HELD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2021
FIGURE 9 HARDWARE SEGMENT HOLDS LARGER SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2022
FIGURE 10 SERVO MOTORS TO CONTINUE TO ACCOUNT FOR LARGER SIZE OF SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
FIGURE 11 LOW-VOLTAGE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2027
FIGURE 12 ROTARY SYSTEMS SEGMENT TO CONTINUE TO HOLD LARGER SHARE IN SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
FIGURE 13 PERMANENT MAGNET SEGMENT TO CONTINUE TO BE LARGEST IN SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
FIGURE 14 FIELDBUS SEGMENT TO CONTINUE TO BE LARGEST IN SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, DURING FORECAST PERIOD
FIGURE 15 STAINLESS STEEL SEGMENT TO HOLD LARGER SIZE OF MARKET, BY MATERIAL OF CONSTRUCTION, IN 2027
FIGURE 16 AUTOMOTIVE & TRANSPORTATION SEGMENT TO CONTINUE TO HOLD LARGEST SIZE OF MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SERVO MOTORS AND DRIVES MARKET
FIGURE 17 GROWING AUTOMATION IN INDUSTRIES IS INCREASING SMART MANUFACTURING INITIATIVES, WHICH IS DRIVING DEMAND FOR SERVO MOTORS AND DRIVES
4.2 SERVO MOTORS AND DRIVES MARKET, BY REGION
FIGURE 18 ASIA PACIFIC TO BE FASTEST-GROWING SERVO MOTORS AND DRIVES MARKET DURING FORECAST PERIOD
4.3 SERVO MOTORS AND DRIVES MARKET IN ASIA PACIFIC, BY END-USER AND COUNTRY
FIGURE 19 AUTOMOTIVE & TRANSPORTATION AND CHINA WERE LARGEST SHAREHOLDERS OF SERVO MOTORS AND DRIVES MARKET IN ASIA PACIFIC IN 2021
4.4 SERVO MOTORS AND DRIVES MARKET, BY OFFERING
FIGURE 20 HARDWARE SEGMENT TO ACCOUNT FOR LARGER SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2027
4.5 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE
FIGURE 21 SERVO MOTORS TO HOLD LARGER SHARE OF MARKET IN 2027
4.6 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE
FIGURE 22 LOW VOLTAGE SEGMENT TO HOLD LARGEST SHARE OF MARKET IN 2027
4.7 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE
FIGURE 23 ROTARY SYSTEMS TO HOLD LARGEST SHARE OF MARKET IN 2027
4.8 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY
FIGURE 24 PERMANENT MAGNET SEGMENT TO HOLD LARGEST SHARE OF MARKET IN 2027
4.9 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION
FIGURE 25 STAINLESS STEEL SEGMENT TO HOLD LARGER SHARE OF MARKET IN 2027
4.10 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE
FIGURE 26 FIELDBUS TO HOLD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2027
4.11 SERVO MOTORS AND DRIVES MARKET, BY END-USER
FIGURE 27 AUTOMOTIVE & TRANSPORTATION INDUSTRY TO HOLD LARGEST SHARE OF MARKET IN 2027
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 28 SERVO MOTORS AND DRIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising need for motion control systems in automated production plants
FIGURE 29 OPERATIONAL INDUSTRIAL ROBOTS FROM PAST SIX YEARS
5.2.1.2 Increasing adoption of servo motors due to better features compared with stepper motors
TABLE 2 COMPARISON BETWEEN SERVO MOTORS AND STEPPER MOTORS
5.2.2 RESTRAINTS
5.2.2.1 High investment involved in integrating new automation technologies into current infrastructure
5.2.2.2 Lower cost of other motion control motors compared with servo motors
5.2.3 OPPORTUNITIES
5.2.3.1 Need for feedback control in servo systems driving demand for encoders
5.2.3.2 Growth in adoption of smart manufacturing initiatives in industries
TABLE 3 PRIORITIES OF MANUFACTURERS IN IMPLEMENTING SMART MANUFACTURING INITIATIVES
5.2.4 CHALLENGES
5.2.4.1 Supply-chain disruptions in steel industry
FIGURE 30 GLOBAL YEAR-ON-YEAR PRODUCTION TREND FOR IRON AND STEEL
5.2.4.2 Shortage of skilled workforce to handle complexities in automated manufacturing facilities
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS
FIGURE 31 REVENUE SHIFT FOR SERVO MOTORS AND DRIVES
5.4 VALUE CHAIN ANALYSIS
FIGURE 32 VALUE CHAIN ANALYSIS: SERVO MOTORS AND DRIVES MARKET
5.4.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.4.2 COMPONENT MANUFACTURERS
5.4.3 MANUFACTURERS/ASSEMBLERS
5.4.4 END-USERS
5.4.5 POST-SALES SERVICE PROVIDERS
5.5 MARKET MAP
FIGURE 33 MARKET MAP: SERVO MOTORS AND DRIVES MARKET
TABLE 4 SERVO MOTORS AND DRIVES MARKET: ROLE IN ECOSYSTEM
5.6 AVERAGE SELLING PRICE TREND
TABLE 5 AVERAGE SELLING PRICE OF SERVO MOTORS AND DRIVES, BY PRODUCT TYPE (KEY PLAYERS)
5.7 TECHNOLOGY ANALYSIS
5.7.1 DUAL UNIVERSAL FEEDBACK
5.7.2 DIRECT-DRIVE MOTOR TECHNOLOGY
5.8 TRADE ANALYSIS
5.8.1 EXPORT SCENARIO
TABLE 6 EXPORT SCENARIO FOR HS CODE 8501, BY COUNTRY, 2019–2021 (USD THOUSAND)
5.8.2 IMPORT SCENARIO
TABLE 7 IMPORT SCENARIO FOR HS CODE: 8501, BY COUNTRY, 2019–2021 (USD THOUSAND)
5.9 TARIFF AND REGULATORY LANDSCAPE
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 MIDDLE EAST AND AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.2 CODES AND REGULATIONS RELATED TO SERVO MOTORS AND DRIVES
TABLE 13 NORTH AMERICA: CODES AND REGULATIONS
TABLE 14 ASIA PACIFIC: CODES AND REGULATIONS
TABLE 15 EUROPE: CODES AND REGULATIONS
TABLE 16 GLOBAL: CODES AND REGULATIONS
5.10 PORTER’S FIVE FORCES ANALYSIS
FIGURE 34 SERVO MOTORS AND DRIVES MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 17 SERVO MOTORS AND DRIVES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.10.1 THREAT OF SUBSTITUTES
5.10.2 BARGAINING POWER OF SUPPLIERS
5.10.3 BARGAINING POWER OF BUYERS
5.10.4 THREAT OF NEW ENTRANTS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USER
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USERS (%)
5.11.2 BUYING CRITERIA
FIGURE 36 KEY BUYING CRITERIA OF TOP END-USERS
TABLE 19 KEY BUYING CRITERIA, BY END-USER
5.12 INNOVATIONS AND REGISTERED PATENTS
TABLE 20 SERVO MOTORS AND DRIVES: INNOVATIONS AND REGISTERED PATENTS, 2022–2019
5.13 CASE STUDY ANALYSIS
5.13.1 MOTION CONTROL MOTORS AND DRIVES DESIGNED WITH CUTTING-EDGE TECHNOLOGY ACCELERATE BOTTLE LABELING
5.13.2 TROUBLESHOOTING MOTION CONTROL SYSTEM USING MOOG ANIMATICS SMART MOTOR DATA
5.14 KEY CONFERENCES AND EVENTS, 2022–2023
TABLE 21 SERVO MOTORS AND DRIVES MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
6 SERVO MOTORS AND DRIVES MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 37 HARDWARE SEGMENT HELD LARGER MARKET SHARE IN 2021
TABLE 22 SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
6.2 HARDWARE
TABLE 23 HARDWARE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
6.2.1 SENSORS
6.2.1.1 Adoption of MEMS-based sensors to boost market growth
6.2.2 CONTROLLER MODULES
6.2.2.1 Controller modules improve efficiency of servo motors by tracking commanded inputs and blocking errors
6.2.3 ENCODERS
6.2.3.1 Increasing demand for industrial robots to boost adoption of high-resolution rotary encoders
6.2.4 ELECTRONIC AMPLIFIERS
6.2.4.1 Development of enhancement-mode GaN field-effect transistor-based class D amplifiers to boost use of electronic amplifiers
6.2.5 OTHER COMPONENTS
6.3 SOFTWARE AND SERVICES
6.3.1 SERVO SOFTWARE AUTOMATE VARIOUS TASKS INVOLVED IN RUNNING AND MONITORING CONNECTED FIELD DEVICES
TABLE 24 SOFTWARE AND SERVICES: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
7 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE
7.1 INTRODUCTION
FIGURE 38 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2021
TABLE 25 SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
7.2 SERVO MOTORS
7.2.1 RISING DEMAND FOR CLOSED-LOOP CONTROL TO IMPROVE RELIABILITY OF INDUSTRIAL PROCESSES
TABLE 26 SERVO MOTORS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
7.3 SERVO DRIVES
7.3.1 GROWING NEED FOR SERVO DRIVES TO CONTROL SERVO MOTORS
TABLE 27 SERVO DRIVES: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
8 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE
8.1 INTRODUCTION
FIGURE 39 LOW-VOLTAGE SEGMENT HELD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2021
TABLE 28 SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
8.2 LOW VOLTAGE (BELOW 400 V)
8.2.1 EASE OF OPERATION AND LOW SETUP & MAINTENANCE COSTS TO DRIVE MARKET
TABLE 29 LOW VOLTAGE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
8.3 MEDIUM VOLTAGE (BETWEEN 400 V AND 690 V)
8.3.1 MEDIUM-VOLTAGE SERVO DRIVES OFFER BENEFITS SUCH AS ECONOMIES OF SCALE AND HIGH RELIABILITY
TABLE 30 MEDIUM VOLTAGE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
8.4 HIGH VOLTAGE (ABOVE 690 V)
8.4.1 HIGH-VOLTAGE SERVO DRIVES OFFER PROGRAMMABLE SETTINGS THAT LEAD TO IMPROVED QUALITY ASSURANCE
TABLE 31 HIGH VOLTAGE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
9 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE
9.1 INTRODUCTION
FIGURE 40 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2021
TABLE 32 SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
9.2 LINEAR SYSTEMS
9.2.1 DIRECT-DRIVE LINEAR SERVO MOTORS OFFER BENEFITS SUCH AS IMPROVED THROUGHPUT AND BETTER PRECISION
TABLE 33 LINEAR SYSTEMS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
9.3 ROTARY SYSTEMS
9.3.1 NEED TO IMPROVE PRODUCTIVITY OF PROCESSES IN VARIOUS INDUSTRIES TO DRIVE PENETRATION
TABLE 34 ROTARY SYSTEMS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
10 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY
10.1 INTRODUCTION
FIGURE 41 PERMANENT MAGNET TECHNOLOGY HELD LARGEST SHARE OF SERVO MOTORS AND DRIVES MARKET IN 2021
TABLE 35 SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
10.2 SPRING
10.2.1 SPRING BRAKES ARE MAINLY USED IN ROBOTICS, ELEVATORS, AND LIFTING MACHINES
TABLE 36 SPRING: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
10.3 PERMANENT MAGNET
10.3.1 PERMANENT MAGNET BRAKES IDEAL FOR ROBOTS AND HANDLING EQUIPMENT
TABLE 37 PERMANENT MAGNET: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
10.4 OTHERS
TABLE 38 OTHERS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
11 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION
11.1 INTRODUCTION
FIGURE 42 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2021
TABLE 39 SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
11.2 STAINLESS STEEL
11.2.1 ABILITY OF STAINLESS STEEL TO HANDLE HARSH ENVIRONMENTS TO DRIVE DEMAND
TABLE 40 STAINLESS STEEL: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
11.3 OTHERS
TABLE 41 OTHERS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
12 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE
12.1 INTRODUCTION
FIGURE 43 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2021
TABLE 42 SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
12.2 FIELDBUS
12.2.1 REDUCTION OF CABLE INSTALLATIONS FOR COMMUNICATION TO DRIVE DEMAND
TABLE 43 FIELDBUS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
12.3 INDUSTRIAL ETHERNET
12.3.1 FEATURES SUCH AS HIGH-SPEED TRANSMISSION TO DRIVE DEMAND
TABLE 44 INDUSTRIAL ETHERNET: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
12.4 WIRELESS
12.4.1 RELIABLE COMMUNICATION TECHNOLOGIES SUCH AS WLAN AND BLUETOOTH TO DRIVE MARKET
TABLE 45 WIRELESS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13 SERVO MOTORS AND DRIVES MARKET, BY END-USER
13.1 INTRODUCTION
FIGURE 44 SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2021
TABLE 46 SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
13.2 AUTOMOTIVE & TRANSPORTATION
13.2.1 NEW TECHNOLOGIES IN MOBILITY TO DRIVE DEMAND
TABLE 47 AUTOMOTIVE & TRANSPORTATION: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.3 SEMICONDUCTOR & ELECTRONICS
13.3.1 SERVO MOTORS FACILITATE SEMICONDUCTOR MANUFACTURING PROCESSES
TABLE 48 SEMICONDUCTOR & ELECTRONICS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.4 FOOD PROCESSING
13.4.1 HIGH-PRECISION REQUIREMENTS IN FOOD PROCESSING INDUSTRY TO CREATE DEMAND
TABLE 49 FOOD PROCESSING: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.5 TEXTILE
13.5.1 HIGH-QUALITY PRODUCTION OFFERED BY SERVO MOTORS TO ACCELERATE DEMAND
TABLE 50 TEXTILE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.6 PETROCHEMICAL
13.6.1 ABILITY OF SERVO MOTORS TO WORK IN HARSH ENVIRONMENTS TO DRIVE MARKET
TABLE 51 PETROCHEMICAL: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.7 PHARMACEUTICAL & HEALTHCARE
13.7.1 REQUIREMENT OF SERVO MOTORS FOR PROPER HANDLING OF PRODUCTION PROCESSES TO DRIVE MARKET
TABLE 52 PHARMACEUTICAL & HEALTHCARE: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.8 PACKAGING
13.8.1 NEED FOR SPEED, PRECISION, AND RELIABILITY IN PACKAGING APPLICATIONS TO DRIVE MARKET
TABLE 53 PACKAGING: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.9 PRINTING & PAPER
13.9.1 FLEXIBILITY IN PRINTING OPERATIONS TO BOOST DEMAND
TABLE 54 PRINTING & PAPER: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
13.10 OTHERS
TABLE 55 OTHERS: SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
14 REGIONAL ANALYSIS
14.1 INTRODUCTION
FIGURE 45 SERVO MOTORS AND DRIVES MARKET: REGIONAL SNAPSHOT
FIGURE 46 REGIONAL ANALYSIS OF SERVO MOTORS AND DRIVES MARKET, 2021
TABLE 56 SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027 (USD MILLION)
TABLE 57 SERVO MOTORS AND DRIVES MARKET, BY REGION, 2020–2027(MILLION UNITS)
14.2 ASIA PACIFIC
FIGURE 47 ASIA PACIFIC: SNAPSHOT OF SERVO MOTORS AND DRIVES MARKET
14.2.1 BY OFFERING
TABLE 58 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.2.2 BY PRODUCT TYPE
TABLE 59 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.2.3 BY VOLTAGE
TABLE 60 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.2.4 BY SYSTEM TYPE
TABLE 61 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.2.5 BY BRAKE TECHNOLOGY
TABLE 62 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.2.6 BY MATERIAL OF CONSTRUCTION
TABLE 63 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.2.7 BY COMMUNICATION TYPE
TABLE 64 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.2.8 BY END-USER
TABLE 65 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9 BY COUNTRY
TABLE 66 ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.2.9.1 Japan
14.2.9.1.1 Developments in robotics to drive demand
TABLE 67 JAPAN: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.2 China
14.2.9.2.1 Rise in demand for electric vehicles to boost market growth
TABLE 68 CHINA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.3 India
14.2.9.3.1 Government initiatives to automate industries to propel market
TABLE 69 INDIA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.4 South Korea
14.2.9.4.1 Rise in developments in electric vehicles to boost demand
TABLE 70 SOUTH KOREA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.2.9.5 Rest of Asia Pacific
TABLE 71 REST OF ASIA PACIFIC: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3 EUROPE
FIGURE 48 EUROPE: SNAPSHOT OF SERVO MOTORS AND DRIVES MARKET
14.3.1 BY OFFERING
TABLE 72 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.3.2 BY PRODUCT TYPE
TABLE 73 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.3.3 BY VOLTAGE
TABLE 74 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.3.4 BY SYSTEM TYPE
TABLE 75 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.3.5 BY BRAKE TECHNOLOGY
TABLE 76 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.3.6 BY MATERIAL OF CONSTRUCTION
TABLE 77 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.3.7 BY COMMUNICATION TYPE
TABLE 78 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.3.8 BY END-USER
TABLE 79 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9 BY COUNTRY
TABLE 80 EUROPE: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.3.9.1 Germany
14.3.9.1.1 Growing demand for passenger cars and light commercial vehicles to drive market
TABLE 81 GERMANY: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.2 France
14.3.9.2.1 Increasing use of servo robots in automotive industry to spur market growth
TABLE 82 FRANCE: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.3 UK
14.3.9.3.1 Rising government initiatives such as ‘Made Smarter’ to drive market
TABLE 83 UK: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.4 Italy
14.3.9.4.1 Surging demand for renewable energy to drive adoption of explosion-proof servo motors
TABLE 84 ITALY: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.3.9.5 Rest of Europe
TABLE 85 REST OF EUROPE: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4 NORTH AMERICA
FIGURE 49 NORTH AMERICA: SNAPSHOT OF SERVO MOTORS AND DRIVES MARKET
14.4.1 BY OFFERING
TABLE 86 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.4.2 BY PRODUCT TYPE
TABLE 87 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.4.3 BY VOLTAGE
TABLE 88 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.4.4 BY SYSTEM TYPE
TABLE 89 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.4.5 BY BRAKE TECHNOLOGY
TABLE 90 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.4.6 BY MATERIAL OF CONSTRUCTION
TABLE 91 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.4.7 BY COMMUNICATION TYPE
TABLE 92 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.4.8 BY END-USER
TABLE 93 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4.9 BY COUNTRY
TABLE 94 NORTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.4.9.1 US
14.4.9.1.1 Advancements in medical equipment and devices to boost demand
TABLE 95 US: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4.9.2 Canada
14.4.9.2.1 Adoption of automation in automobile industry to spur market growth
TABLE 96 CANADA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.4.9.3 Mexico
14.4.9.3.1 Adoption of in-line manufacturing by food & beverage industry to drive demand
TABLE 97 MEXICO: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5 MIDDLE EAST & AFRICA
14.5.1 BY OFFERING
TABLE 98 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.5.2 BY PRODUCT TYPE
TABLE 99 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.5.3 BY VOLTAGE
TABLE 100 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.5.4 BY SYSTEM TYPE
TABLE 101 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.5.5 BY BRAKE TECHNOLOGY
TABLE 102 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.5.6 BY MATERIAL OF CONSTRUCTION
TABLE 103 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.5.7 BY COMMUNICATION TYPE
TABLE 104 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.5.8 BY END-USER
TABLE 105 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5.9 BY COUNTRY
TABLE 106 MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.5.9.1 Saudi Arabia
14.5.9.1.1 Initiatives to implement smart manufacturing to drive Industry 4.0 revolution
TABLE 107 SAUDI ARABIA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5.9.2 South Africa
14.5.9.2.1 Rise in demand for robotics process automation to boost demand
TABLE 108 SOUTH AFRICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.5.9.3 Rest of Middle East & Africa
TABLE 109 REST OF MIDDLE EAST & AFRICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.6 SOUTH AMERICA
14.6.1 BY OFFERING
TABLE 110 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY OFFERING, 2020–2027 (USD MILLION)
14.6.2 BY PRODUCT TYPE
TABLE 111 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY PRODUCT TYPE, 2020–2027 (USD MILLION)
14.6.3 BY VOLTAGE
TABLE 112 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY VOLTAGE, 2020–2027 (USD MILLION)
14.6.4 BY SYSTEM TYPE
TABLE 113 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY SYSTEM TYPE, 2020–2027 (USD MILLION)
14.6.5 BY BRAKE TECHNOLOGY
TABLE 114 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY BRAKE TECHNOLOGY, 2020–2027 (USD MILLION)
14.6.6 BY MATERIAL OF CONSTRUCTION
TABLE 115 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY MATERIAL OF CONSTRUCTION, 2020–2027 (USD MILLION)
14.6.7 BY COMMUNICATION TYPE
TABLE 116 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COMMUNICATION TYPE, 2020–2027 (USD MILLION)
14.6.8 BY END-USER
TABLE 117 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.6.9 BY COUNTRY
TABLE 118 SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
14.6.9.1 Brazil
14.6.9.1.1 Ongoing developments to integrate automation into industries to drive demand
TABLE 119 BRAZIL: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
14.6.9.2 Rest of South America
TABLE 120 REST OF SOUTH AMERICA: SERVO MOTORS AND DRIVES MARKET, BY END-USER, 2020–2027 (USD MILLION)
15 COMPETITIVE LANDSCAPE
15.1 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 121 REVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF SERVO MOTORS AND DRIVES
15.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021
FIGURE 50 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN SERVO MOTORS AND DRIVES MARKET, 2021
TABLE 122 SERVO MOTORS AND DRIVES MARKET: DEGREE OF COMPETITION
FIGURE 51 SERVO MOTORS AND DRIVES MARKET SHARE ANALYSIS, 2021
15.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 52 REVENUE ANALYSIS OF TOP 5 PLAYERS IN SERVO MOTORS AND DRIVES MARKET FROM 2017 TO 2021
15.4 COMPANY EVALUATION MATRIX/QUADRANT
15.4.1 STARS
15.4.2 PERVASIVE PLAYERS
15.4.3 EMERGING LEADERS
15.4.4 PARTICIPANTS
FIGURE 53 SERVO MOTORS AND DRIVES MARKET (GLOBAL)
COMPANY EVALUATION MATRIX, 2021
15.5 STARTUP/SME EVALUATION QUADRANT
15.5.1 PROGRESSIVE COMPANIES
15.5.2 RESPONSIVE COMPANIES
15.5.3 DYNAMIC COMPANIES
15.5.4 STARTING BLOCKS
FIGURE 54 SERVO MOTORS AND DRIVES MARKET:
STARTUP/SME EVALUATION QUADRANT, 2021
15.6 COMPETITIVE BENCHMARKING
TABLE 123 SERVO MOTORS AND DRIVES MARKET: DETAILED LIST OF KEY STARTUP/SMES
TABLE 124 SERVO MOTORS AND DRIVES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
15.7 SERVO MOTORS AND DRIVES MARKET: COMPANY FOOTPRINT
TABLE 125 SYSTEM TYPE: COMPANY FOOTPRINT
TABLE 126 PRODUCT TYPE: COMPANY FOOTPRINT
TABLE 127 BY END-USER: COMPANY FOOTPRINT
TABLE 128 REGION: COMPANY FOOTPRINT
TABLE 129 COMPANY FOOTPRINT
15.8 COMPETITIVE SCENARIO
TABLE 130 SERVO MOTORS AND DRIVES MARKET: NEW PRODUCT LAUNCHES, NOVEMBER 2020–JULY 2022
TABLE 131 SERVO MOTORS AND DRIVES MARKET: OTHERS, MAY 2022–JUNE 2022
16 COMPANY PROFILES
(Business and Financial Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
16.1 YASKAWA ELECTRIC
TABLE 132 YASKAWA ELECTRIC: BUSINESS OVERVIEW
FIGURE 55 YASKAWA ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 133 YASKAWA ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 134 YASKAWA ELECTRIC: PRODUCT LAUNCHES
TABLE 135 YASKAWA ELECTRIC: OTHERS
16.2 MITSUBISHI ELECTRIC
TABLE 136 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
FIGURE 56 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 137 MITSUBISHI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 138 MITSUBISHI ELECTRIC: OTHERS
16.3 SIEMENS
TABLE 139 SIEMENS: BUSINESS OVERVIEW
FIGURE 57 SIEMENS: COMPANY SNAPSHOT, 2021
TABLE 140 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 141 SIEMENS: PRODUCT LAUNCHES
16.4 SCHNEIDER ELECTRIC
TABLE 142 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 58 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 143 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.5 ROCKWELL AUTOMATION
TABLE 144 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 59 ROCKWELL AUTOMATION: COMPANY SNAPSHOT, 2021
TABLE 145 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
16.6 ABB
TABLE 147 ABB: BUSINESS OVERVIEW
FIGURE 60 ABB: COMPANY SNAPSHOT, 2021
TABLE 148 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 149 ABB: PRODUCT LAUNCHES
TABLE 150 ABB: OTHERS
16.7 NIDEC
TABLE 151 NIDEC: BUSINESS OVERVIEW
FIGURE 61 NIDEC: COMPANY SNAPSHOT, 2021
TABLE 152 NIDEC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 153 NIDEC: PRODUCT LAUNCHES
16.8 DELTA ELECTRONICS
TABLE 154 DELTA ELECTRONICS: BUSINESS OVERVIEW
FIGURE 62 DELTA ELECTRONICS: COMPANY SNAPSHOT, 2021
TABLE 155 DELTA ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 DELTA ELECTRONICS: PRODUCT LAUNCHES
16.9 FANUC
TABLE 157 FANUC: BUSINESS OVERVIEW
FIGURE 63 FANUC: COMPANY SNAPSHOT, 2021
TABLE 158 FANUC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.10 FUJI ELECTRIC
TABLE 159 FUJI ELECTRIC: BUSINESS OVERVIEW
FIGURE 64 FUJI ELECTRIC: COMPANY SNAPSHOT, 2021
TABLE 160 FUJI ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.11 KOLLMORGEN
TABLE 161 KOLLMORGEN: BUSINESS OVERVIEW
FIGURE 65 KOLLMORGEN: COMPANY SNAPSHOT, 2021
TABLE 162 KOLLMORGEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 163 KOLLMORGEN: PRODUCT LAUNCHES
16.12 PARKER HANNIFIN CORPORATION
TABLE 164 PARKER HANNIFIN CORPORATION: BUSINESS OVERVIEW
FIGURE 66 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT, 2021
TABLE 165 PARKER HANNIFIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 PARKER HANNIFIN CORPORATION: PRODUCT LAUNCHES
16.13 OMRON CORPORATION (OMRON)
TABLE 167 OMRON CORPORATION (OMRON): BUSINESS OVERVIEW
FIGURE 67 OMRON CORPORATION (OMRON): COMPANY SNAPSHOT, 2021
TABLE 168 OMRON CORPORATION (OMRON): PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 169 OMRON CORPORATION (OMRON): PRODUCT LAUNCHES
16.14 SEW EURODRIVE
TABLE 170 SEW EURODRIVE: BUSINESS OVERVIEW
TABLE 171 SEW EURODRIVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.15 LENZE
TABLE 172 LENZE: BUSINESS OVERVIEW
FIGURE 68 LENZE: COMPANY SNAPSHOT, 2021
TABLE 173 LENZE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 174 LENZE: PRODUCT LAUNCHES
16.16 BOSCH REXROTH
16.17 WEG
16.18 AMETEK
16.19 ROZUM ROBOTICS
16.20 ADTECH (SHENZHEN) TECHNOLOGY CO., LTD.
*Details on Business and Financial Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
17 APPENDIX
17.1 INSIGHTS FROM INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.4 CUSTOMIZATION OPTIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
