A Servo Motor is a rotary actuator that allows for precise control of angular position. Servo motors are utilized in industrial machine tools, CNC manufacturing machines and processes, and packaging applications. Electronic Equipment utilize servo motors because of their smooth commutation and accurate positioning. The aerospace industry makes use of servo motors in their hydraulic systems to contain system hydraulic fluid.
Scope of the Report:With emerging economies growing faster, a strategy has been adopted by most leading vendors in the servo motor market to approach these areas. QYR analysis of the servo motor market indicated that China would account for the highest sales in 2023 with close to 26 percent of global sales value coming from this region, and other regions such as Southeast Asia has the highest growth rate. Vendors recognize the importance of this region, are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of servo motor is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of servo motor and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The worldwide market for Servo Motor is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 9090 million US$ in 2023, from 7230 million US$ in 2017, according to a new study.
This report focuses on the Servo Motor in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Yaskawa
Mitsubishi
Fanuc
Siemens
Rockwell
ABB
Rexroth (Bosch)
Panasonic
Nidec
Delta
SANYO DENKI
Teco
Schneider
Moog
Oriental Motor
Lenze
Toshiba
Parker Hannifin
HNC
Kollmorgen
GSK
Beckhoff
Inovance
LS Mecapion
Infranor
Tamagawa
LTI Motion
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Less than 2KW
2KW-5KW
More than 5KW
Market Segment by Applications, can be divided into Machine Tools
Packaging Applications
Textile
Electronics Equipment
Others
There are 15 Chapters to deeply display the global Servo Motor market.
Chapter 1, to describe Servo Motor Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Servo Motor, with sales, revenue, and price of Servo Motor, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Servo Motor, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Servo Motor market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Servo Motor sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
