Servo motors are
high performance electric motors having characteristics such as
controlling the movement of machines. In addition, servo motors offer
easy installation and no maintenance cost. Increasing electricity
prices and stringent electricity utilization standards are driving
the demand for energy efficient motors globally. The market of servo
drives and motors is expected to grow at a slower pace in North
America and Europe region. The demand for servo drives and motors is
expected to rise due to the replacement of out-dated low efficient
electric motors with highly efficient servo drives and motors. In
addition, the strict energy consumption regulations and environment
protection acts as the key factors that are driving the servo drives
and motors market globally.
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Research Report of Servo Drives and Motors Market :
The growth of servo
drives and motors market is primarily attributed to positive economic
outlook and growing manufacturing industries in India, China, South
Korea, Indonesia, Japan and several other countries in Asia-Pacific
region. The increasing demand for energy efficient motors causes the
shift from standard energy efficient electric motors to premium
energy efficiency motors. This shift in trend is directly
contributing to revenue growth of servo drives and motors
manufacturers.
This market research
study analyzes the servo drives and motors market on a global level,
and provides estimates in terms of revenue (USD billion) from 2014 to
2020. The report identifies the drivers and restraints affecting the
market and analyzes their impact over the forecast period. In
addition, it identifies the significant opportunities for market
growth in the coming years.
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Report :
The report segments
the market on the basis of geography as North America, Europe, Asia
Pacific (APAC), and Rest of the World (RoW), and these have been
estimated in terms of revenue (USD billion). Moreover, the report
segments the market based on types as servo drives and servo motors.
The market has been further segmented based on different types of
servo drives such as AC servo drives, DC servo drives and adjustable
speed. Servo motors are further segmented into AC servo motors, DC
brushless, brushed DC and linear servo motors. Furthermore, the
market is segmented on the basis of application which includes
automotive, semiconductor and electronics, material handling, food
processing, healthcare and others. Among all the application
segments, automotive segment holds the largest market share at
present in the servo drives and motors market. All these segments
have also been estimated on the basis of geography in terms of
revenue (USD billion).
Asia Pacific
represents the largest market for servo drives and motors. In 2014,
Asia Pacific accounted for more than 40% revenue share in the global
servo drives and motors market. The region is expected to be the
fastest growing region due to significant growth in GDP of countries
such as India, South Korea, China, Singapore, Taiwan and several
others. In addition, positive growth prospects in GDP of these
countries will help the region to remain market leader in servo
drives and motors in coming few years.
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Release of Servo Drives and Motors Market :
For better
understanding of servo drives and motors market, we have given a
detailed analysis of the supply chain. In addition, a detailed
Porter’s five forces analysis has been given for a better
understanding of the intensity of the competition present in the
market. Furthermore, the study comprises a market attractiveness
analysis, where the applications are benchmarked based on their
market scope, growth rate and general attractiveness.
The report provides
company market share analysis of the various industry participants.
Key players have also been profiled on the basis of company overview,
financial overview, business strategies and recent developments in
the field of servo drives and motors. Major market participants
profiled in this report include 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.
among others.
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The servo drives
and motors market is segmented as below:
Servo Drives and
Motors Market: by Type
Servo drives
- AC servo drives
- DC servo drives
- Adjustable speed
Servo motors
- AC servo motors
- DC brushless
- Brushed DC
- Linear servo motors
Servo Drives and
Motors Market: by Application
- Automotive
- Semiconductor and electronics
- Material handling
- Food processing
- Healthcare
- Others
Servo Drives and
Motors Market: by Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World
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that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
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