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Servo Drives and Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Servo Drives and Motors Industry: Forecasts to 2020

  • April 2015
  • 84 pages
  • ID: 2912620
In this report:
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.
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.

Summary

Table of Contents

Servo motors are high performance electric motors having characteristics including controlling the movement of machines. Additionally, servo motors offer easy installation and no maintenance cost. Growing electricity prices and strict electricity utilization standards are driving the market demand for energy profitable motors globally. The market of servo drives and motors is forecast to grow at a slower pace in North America (NA) and Europe region. The industry demand for servo drives and motors is forecast to rise due to the replacement of out-dated low competent electric motors with highly capable servo drives and motors. Moreover, the strict energy consumption regulations and environment protection acts as the main factors that are driving the servo drives and motors market globally.

The growth of servo drives and motors market is primarily attributed to positive economic outlook and increasing manufacturing industries in India (IN), China (CN), South Korea, Indonesia, Japan (JP) and various other countries in Asia-Pacific region. The rising demand for energy adequate motors causes the shift from standard energy effective 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 examines the servo drives and motors market on a overall level, and offers measures in terms of income from 2014 to 2020. The analysis identifies the drivers and market restraints affecting the sector and examines their effect over the outlook period. Additionally, it identifies the serious opportunities for industry growth in the next years.

The document breaks down the market based on geography as North America continent, Europe (EU), APAC, and Rest of the globe, and these have been estimated in terms of income. Furthermore, the document breaks down the market established on types as servo drives and servo motors. The industry has been further broken down based on distinct types of servo drives including AC servo drives, DC servo drives and adjustable speed. Servo motors are farther split into AC servo motors, DC brushless, brushed DC and linear servo motors. Additionally, the sector is divided based on application which includes automotive, semiconductor and electronics, material handling, food processing, healthcare and others. Among all the application segments, automotive segment holds the biggest market share at present in the servo drives and motors market. All these segments have also been estimated based on geography in terms of income.

Asia-Pac introduces the biggest market for servo drives and motors. In 2014, Asia Pacific (APAC) accounted for more than 40.0 percent revenue share in the overall servo drives and motors market. The area is forecast to be the quickest increasing region due to meaningful growth in GDP of countries including India, South Korea, China (CN), Singapore, Taiwan and different others. Moreover, positive growth prospects in GDP of these countries will help the territory to remain market leader in servo drives and motors in coming few years.

For superior understanding of servo drives and motors market, we have given An in-depth study of the supply chain. Additionally, a in-depth Porter's five forces analysis has been given for a superior understanding of the intensity of the competition present in the market. Moreover, the market research comprises a Analysis of market appeal, where the applications are benchmarked based on their market scope, rate of growth and general interest.

The market research offers company market share analysis of the different industry participants. Top players have also been profiled based on company overview, financial review, strategic management and recent evolutions in the field of servo drives and motors. Main market participants decribed in this industry report contain 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.

1.1 Market segmentation

The servo drives and motors market is broken down as below:

Servo Drives and Motors Market: by category

Servo Drives and Motors Market: by Geography

North America (NA)

Europe (EU)

Asia Pacific (APAC)

Rest of the globe

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