Global Servo Motors and Drives Market 2023-2027

Description

List of Tables

Technavio has been monitoring the servo motors and drives market and is forecast to grow by $3958.7 million during 2022-2027, accelerating at a CAGR of 5.16% during the forecast period. Our report on the servo motors and drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for integrated servo motors and brushless motors, focus on increasing energy efficiency in industries, and increase in demand for automated equipment on industrial premises.

Technavio's servo motors and drives market is segmented as below:

By Product

DC servo motors/drives
AC servo motors/drives

By Type

Rotary system
Linear system

By Geography

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the technological advances and new product developments as one of the prime reasons driving the servo motors and drives market growth during the next few years. Also, increased adoption of iot in motors and drives and emergence of miniature servo motors will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the servo motors and drives market covers the following areas:

Servo motors and drives market sizing
Servo motors and drives market forecast
Servo motors and drives market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading servo motors and drives market vendors that include Danfoss AS, Delta Electronics Inc., Emerson Electric Co., FANUC Corp., Fuji Electric Co. Ltd., Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., OMRON Corp., Regal Rexnord Corp., Robert Bosch GmbH, Rockwell Automation Inc., Rozum Robotics, Schneider Electric SE, SEW EURODRIVE GmbH and Co KG, Siemens AG, Yaskawa Electric Corp., ABB Ltd., ADTECH SHENZHEN TECHNOLOGY CO. LTD., and Parker Hannifin Corp. Also, the servo motors and drives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70558

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global servo motors and drives market 2017 - 2021
Exhibit 18: Historic Market Size - Data table on global servo motors and drives market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 DC servo motors/drives - Market size and forecast 2022-2027
Exhibit 34: Chart on DC servo motors/drives - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on DC servo motors/drives - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on DC servo motors/drives - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on DC servo motors/drives - Year-over-year growth 2022-2027 (%)
6.4 AC servo motors/drives - Market size and forecast 2022-2027
Exhibit 38: Chart on AC servo motors/drives - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on AC servo motors/drives - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on AC servo motors/drives - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on AC servo motors/drives - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 43: Chart on Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 Rotary system - Market size and forecast 2022-2027
Exhibit 47: Chart on Rotary system - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Rotary system - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Rotary system - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Rotary system - Year-over-year growth 2022-2027 (%)
7.4 Linear system - Market size and forecast 2022-2027
Exhibit 51: Chart on Linear system - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Linear system - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Linear system - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Linear system - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 57: Chart on Market share by geography 2022-2027 (%)
Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 59: Chart on Geographic comparison
Exhibit 60: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 102: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 104: Overview on factors of disruption
11.4 Industry risks
Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 106: Vendors covered
12.2 Market positioning of vendors
Exhibit 107: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 108: ABB Ltd. - Overview
Exhibit 109: ABB Ltd. - Business segments
Exhibit 110: ABB Ltd. - Key offerings
Exhibit 111: ABB Ltd. - Segment focus
12.4 Danfoss AS
Exhibit 112: Danfoss AS - Overview
Exhibit 113: Danfoss AS - Business segments
Exhibit 114: Danfoss AS - Key news
Exhibit 115: Danfoss AS - Key offerings
Exhibit 116: Danfoss AS - Segment focus
12.5 Delta Electronics Inc.
Exhibit 117: Delta Electronics Inc. - Overview
Exhibit 118: Delta Electronics Inc. - Business segments
Exhibit 119: Delta Electronics Inc. - Key offerings
Exhibit 120: Delta Electronics Inc. - Segment focus
12.6 Emerson Electric Co.
Exhibit 121: Emerson Electric Co. - Overview
Exhibit 122: Emerson Electric Co. - Business segments
Exhibit 123: Emerson Electric Co. - Key news
Exhibit 124: Emerson Electric Co. - Key offerings
Exhibit 125: Emerson Electric Co. - Segment focus
12.7 FANUC Corp.
Exhibit 126: FANUC Corp. - Overview
Exhibit 127: FANUC Corp. - Product / Service
Exhibit 128: FANUC Corp. - Key offerings
12.8 Mitsubishi Electric Corp.
Exhibit 129: Mitsubishi Electric Corp. - Overview
Exhibit 130: Mitsubishi Electric Corp. - Business segments
Exhibit 131: Mitsubishi Electric Corp. - Key news
Exhibit 132: Mitsubishi Electric Corp. - Key offerings
Exhibit 133: Mitsubishi Electric Corp. - Segment focus
12.9 Nidec Corp.
Exhibit 134: Nidec Corp. - Overview
Exhibit 135: Nidec Corp. - Business segments
Exhibit 136: Nidec Corp. - Key news
Exhibit 137: Nidec Corp. - Key offerings
Exhibit 138: Nidec Corp. - Segment focus
12.10 OMRON Corp.
Exhibit 139: OMRON Corp. - Overview
Exhibit 140: OMRON Corp. - Business segments
Exhibit 141: OMRON Corp. - Key news
Exhibit 142: OMRON Corp. - Key offerings
Exhibit 143: OMRON Corp. - Segment focus
12.11 Regal Rexnord Corp.
Exhibit 144: Regal Rexnord Corp. - Overview
Exhibit 145: Regal Rexnord Corp. - Business segments
Exhibit 146: Regal Rexnord Corp. - Key offerings
Exhibit 147: Regal Rexnord Corp. - Segment focus
12.12 Robert Bosch GmbH
Exhibit 148: Robert Bosch GmbH - Overview
Exhibit 149: Robert Bosch GmbH - Business segments
Exhibit 150: Robert Bosch GmbH - Key news
Exhibit 151: Robert Bosch GmbH - Key offerings
Exhibit 152: Robert Bosch GmbH - Segment focus
12.13 Rockwell Automation Inc.
Exhibit 153: Rockwell Automation Inc. - Overview
Exhibit 154: Rockwell Automation Inc. - Business segments
Exhibit 155: Rockwell Automation Inc. - Key news
Exhibit 156: Rockwell Automation Inc. - Key offerings
Exhibit 157: Rockwell Automation Inc. - Segment focus
12.14 Rozum Robotics
Exhibit 158: Rozum Robotics - Overview
Exhibit 159: Rozum Robotics - Product / Service
Exhibit 160: Rozum Robotics - Key offerings
12.15 Schneider Electric SE
Exhibit 161: Schneider Electric SE - Overview
Exhibit 162: Schneider Electric SE - Business segments
Exhibit 163: Schneider Electric SE - Key news
Exhibit 164: Schneider Electric SE - Key offerings
Exhibit 165: Schneider Electric SE - Segment focus
12.16 Siemens AG
Exhibit 166: Siemens AG - Overview
Exhibit 167: Siemens AG - Business segments
Exhibit 168: Siemens AG - Key news
Exhibit 169: Siemens AG - Key offerings
Exhibit 170: Siemens AG - Segment focus
12.17 Yaskawa Electric Corp.
Exhibit 171: Yaskawa Electric Corp. - Overview
Exhibit 172: Yaskawa Electric Corp. - Business segments
Exhibit 173: Yaskawa Electric Corp. - Key offerings
Exhibit 174: Yaskawa Electric Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations