Global Servo Motors and Drives Market Key Players, Industry Demand, Overview and Supply Chain Analysis, Forecast to 2027

The market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years.

Key Drivers of the Servo Motors and Drives Market:

The significant drivers propelling the growth of the global servo motors and drives market are the increasing advancement and adoption of automation across industries, ease of use, and integration of motion control components in motors and drives, rising adoption of energy-efficient international standard, followed by the favorable regulations on energy efficiency. The technological innovation and implementation of government policies such as Minimum Energy Performance Standards (MEPS), in several countries, raised demand for energy-efficient motor systems, is further surging the growth of the global servo motors and drives market.

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The increasing number of industries, changing focus towards maintaining a high precision level, reducing labor cost, and production wastage, along with improving production output will rise the deployment of the servo motors and drives across industries, which will further energize the growth of the servo motors and drives market size. In addition to this, industrial revolution 4.0, improved encoder and capabilities for adjustable speed drives create opportunities for the global servo motors and drives market. Furthermore, uncertainty and risk related to servo motors and drives, followed by a lack of skilled professionals, are hindering the growth of the market.

Top list of key players in the Servo Motors and Drives Market:

Yaskawa Electric Corporation
Mitsubishi Electric Corporation
Siemens AG
ABB Group
Schneider Electric SE
Rockwell Automation Inc.
KINCO Automation Pvt. Ltd
Delta Electronics, Inc.
Emerson Electric Co.
FANUC Corporation
Bosch Rexroth AG
Adtech (SHENZHEN) Technology Co. Ltd
Kollmorgen Corporation

Segmentation of the Servo Motors and Drives Market:

The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market.

Breakup by Offering:

Hardware

Sensors
Controller Modules
Encoders
Electronic Amplifiers
Other Components

Software & Services

Breakup by Type:

Servo Motors

AC Servo Motors
DC Brushless Motors

Servo Drives

AC Servo Drives
DC Servo Drives
Adjustable Speed Drives

Breakup by Voltage Range:

Low-Voltage Servo Motors and Drives (Up to 690v)
Medium-Voltage Servo Motors and Drives (Above 690v)

Breakup by Material of Construction (MOC):

Stainless Steel Servo Motors and Drives
Non-Stainless-Steel Servo Motors and Drives

Breakup by Communication Protocol:

Fieldbus

Profibus

Modbus
CC-Link
Devicenet
Canopen
Interbus
Others

Industrial Ethernet

Profinet
Ethernet/IP
Ethercat
Modbustcp/IP
Powerlink
Sercos III
CC-Link IE

Wireless

WLAN
Bluetooth
WiMAX
Wireless Hart
Zigbee
Others Industrial

Breakup by Industry:

Automotive & Transportation Industry

Semiconductors & Electronics Industry
Food Processing Industry
Textile Industry
Petrochemicals Industry
Pharmaceutical & Healthcare Industry
Packaging Industry
Printing & Paper Industry
Other Industries

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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