PUBLISHER: 360iResearch | PRODUCT CODE: 1381764
PUBLISHER: 360iResearch | PRODUCT CODE: 1381764
The Servo Motors & Drives Market is projected to reach USD 19.45 billion by 2030 from USD 12.10 billion in 2022, at a CAGR of 6.11% during the forecast period.
Global Servo Motors & Drives Market
KEY MARKET STATISTICS | |
---|---|
Base Year Value [2022] | USD 12.10 billion |
Estimated Year Value [2023] | USD 12.78 billion |
Forecast Year Value [2030] | USD 19.45 billion |
CAGR (%) | 6.11% |
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Servo Motors & Drives Market.
Based on Product, market is studied across Servo Drives and Servo Motors. The Servo Motors is further studied across AC Servo Motor and DC Servo Motor. The AC Servo Motor is further studied across Permanent Magnet Shunt Motor, Series Motors, Shunt Control Motor, and Split Series Motors. The DC Servo Motor is further studied across Continuous Rotation Servo Motor, Linear Servo Motor, and Positional Rotation Servo Motor. The Servo Motors is projected to witness significant market share during forecast period.
Based on Nominal Power, market is studied across 0.5 kW -1.8 kW, 2 kW- 7 kW, and 7 kW Above. The 2 kW- 7 kW is projected to witness significant market share during forecast period.
Based on End-user, market is studied across Automotive & Transportation, Food, Oil & Gas, Packaging, Pharmaceutical & Healthcare, Printing & Paper, Semiconductor & Electronics, and Textile. The Pharmaceutical & Healthcare is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is an indispensable tool for assessing the Servo Motors & Drives Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
The Market Share Analysis offers invaluable insights into the vendor landscape Servo Motors & Drives Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
The report delves into recent significant developments in the Servo Motors & Drives Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd, ADVANCED Motion Controls, Aerotech, Inc., Allied Motion Technologies Inc., Altra Industrial Motion Corp by Regal Rexnord Group, Anaheim Automation, Inc., Applied Motion Products, Inc., Baumuller Nurnberg GmbH, Bharat Bijlee Limited, Bosch Rexroth Corporation by Robert Bosch GmbH, Danfoss A/S, Delta Electronics, Inc., Emerson Electric Co., ESR Pollmeier GmbH, Estun Industrial Technology Europe S.r.l., FANUC Corporation, Festo Inc., Fuji Electric Co., Ltd., Heason by discoverIE Group plc, Hitachi Industrial Equipment Systems Co., Ltd., HIWIN Corporation, Ingnenia Cat S.L.U. by Novanta Inc., Mitsubishi Electric Corporation, Nidec Corporation, Panasonic Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc., Rozum Robotics LLC, Schneider Electric SE, Siemens AG, WEG S.A., and Yaskawa Electric Corporation.
1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast for the Servo Motors & Drives Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Servo Motors & Drives Market?
3. What is the competitive strategic window for identifying opportunities in the Servo Motors & Drives Market?
4. What are the latest technology trends and regulatory frameworks in the Servo Motors & Drives Market?
5. What is the market share of the leading vendors in the Servo Motors & Drives Market?
6. Which modes and strategic moves are suitable for entering the Servo Motors & Drives Market?