Servo Motors And Drives Market
Servo Motors and Drives - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Servo Motors and Drives Market is accounted for $11.61 billion in 2018 and is expected to reach $23.60 billion by 2027 growing at a CAGR of 8.2% during the forecast period. While the factors like adoption of energy-efficient international standards and advancement and rapid growth in automation are driving the market. However, lack of skilled workforce and trained workers is hampering the market growth.
Servo driver help motors to run in the system such as, robotics, automation, camera, and conveyor belt system. It receives command from control system in terms of signal, amplifies signal, and then transmits electric current to servo motor to produce motion corresponding to the command. Servo motors are not normal motors and have been designed under special circumstances and used in motion control appliances i.e. systems involve in controlling the moving parts of the machines to check high accuracy positioning, quick reversing, and exceptional performance.
Based on end user, the Automotive & Transportation industry is likely to have a huge demand due to rapid changes in terms of manufacturing technology, innovation, and technical advancement in automotive industry are expected to drive the market for servo motors and drives. By geography, North America is estimated to have a lucrative growth owing to the favorable business landscape and administrative setup, attractive foreign policies, and availability of low-cost skilled workforce have forced manufacturers to expand their servo motor business operations.
Some of the key players in Global Servo Motors and Drives market include Mitsubishi Electric Corp., Schneider Electric, ABB Ltd., FANUC Corp., Yaskawa Electric Corp., Bosch Rexroth AG, Siemens AG, Adtech (Shenzhen) Technology Co., Ltd., Rockwell Automation, Inc., Delta Electronics, Inc., Kinco Automation Pvt. Ltd., Emerson Electric Co., Kollmorgen Corp., Fuji Electric Co., Ltd., Toshiba Corporation, Hitachi, Hiconics Eco-energy Technology Co., Ltd, Estun Automation, and Danfoss.
Types Covered:
• Servo Drives
• Servo Motors
Brake Types Covered:
• With Brake
• Without Brake
Offerings Covered:
• Drive Components
• Motor Components
• Software & Services
Voltage Ranges Covered:
• Low-Voltage Servo Motors and Drives (Up to 690v)
• Medium-Voltage Servo Motors and Drives (Above 690v)
Technologies Covered:
• Single Axis Servo System
• Multi Axis Servo System
Communication Protocol Covered:
• Industrial Ethernet
• Fieldbus
• Wireless
Materials Covered:
• Stainless Steel Servo Motors and Drives
• Non-Stainless Steel Servo Motors and Drives
Applications Covered:
• Machine Tools
• Cut to Length Application
• Computerized Numerical Controllers
• Motion Control
• Robotics
• Automated Manufacturing
• Radio Controlled Toys
• CNC Machines
• Material Handling Equipment
• Rubber & Plastics Machinery
• Metal Cutting
• Metal Forming
• Other Applications
End Users Covered:
• Printing & Paper
• Packaging
• Food Processing
• Semiconductors & Electronics
• Pharmaceutical & Healthcare
• Automotive & Transportation
• Chemicals and Petrochemicals
• Textile Industry
• Oil and Gas
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Servo Motors and Drives Market, By Type
5.1 Introduction
5.2 Servo Drives
5.2.1 Direct Current Servo Drives
5.2.2 Alternative Current Servo Drives
5.2.3 Adjustable Speed Drives
5.2.4 Other Servo Drives
5.3 Servo Motors
5.3.1 Alternative Current Servo Motors
5.3.1.1 Synchronous Type
5.3.2 Direct Current Servo Motors
5.3.2.1 Direct Current Brushless Motors
5.3.2.2 Permanent Magnet Direct Current Motor
5.3.2.3 Separately Exited Direct Current Servo Motor
5.3.3 Rotary Servo Motors
5.3.3.1 Continous Rotation Type
5.3.3.2 Positional Rotation Type
5.3.4 Linear Servo Motors
5.3.5 Brushed Direct Current Motors
6 Global Servo Motors and Drives Market, By Brake Type
6.1 Introduction
6.2 With Brake
6.3 Without Brake
7 Global Servo Motors and Drives Market, By Offering
7.1 Introduction
7.2 Drive Components
7.2.1 Control Systems
7.2.2 Electronic Amplifiers
7.2.3 Other Drive Components
7.3 Motor Components
7.3.1 Controller Modules
7.3.2 Sensors
7.3.3 Encoders
7.3.4 Other Motor Components
7.4 Software & Services
8 Global Servo Motors and Drives Market, By Voltage Range
8.1 Introduction
8.2 Low-Voltage Servo Motors and Drives (Up to 690v)
8.3 Medium-Voltage Servo Motors and Drives (Above 690v)
9 Global Servo Motors and Drives Market, By Technology
9.1 Introduction
9.2 Single Axis Servo System
9.2.1 Pulse Duty Servo Drive
9.2.2 Continous Duty Servo Drive
9.3 Multi Axis Servo System
10 Global Servo Motors and Drives Market, By Communication Protocol
10.1 Introduction
10.2 Industrial Ethernet
10.2.1 Modbustcp/IP
10.2.2 Powerlink
10.2.3 Sercos III
10.2.4 Ethernet/IP
10.2.5 Profinet
10.2.6 CC-Link IE
10.2.7 Ethercat
10.3 Fieldbus
10.3.1 Devicenet
10.3.2 Interbus
10.3.3 CC-Link
10.3.4 Modbus
10.3.5 Profibus
10.3.6 Canopen
10.3.7 Other Fieldbus Communication Protocols
10.3.7.1 P-Net
10.3.7.2 Worldfip
10.3.7.3 Swiftnet
10.4 Wireless
10.4.1 Bluetooth
10.4.2 Wireless Hart
10.4.3 WiMAX
10.4.4 Wireless Local Area Network
10.4.5 Zigbee
10.4.6 Other Wireless Communication Protocols
11 Global Servo Motors and Drives Market, By Material
11.1 Introduction
11.2 Stainless Steel Servo Motors and Drives
11.3 Non-Stainless Steel Servo Motors and Drives
12 Global Servo Motors and Drives Market, By Application
12.1 Introduction
12.2 Machine Tools
12.3 Cut to Length Application
12.4 Computerized Numerical Controllers
12.5 Motion Control
12.6 Robotics
12.7 Automated Manufacturing
12.8 Radio Controlled Toys
12.9 CNC Machines
12.10 Material Handling Equipment
12.11 Rubber & Plastics Machinery
12.12 Metal Cutting
12.13 Metal Forming
12.14 Other Applications
13 Global Servo Motors and Drives Market, By End User
13.1 Introduction
13.2 Printing & Paper
13.3 Packaging
13.4 Food Processing
13.5 Semiconductors & Electronics
13.6 Pharmaceutical & Healthcare
13.7 Automotive & Transportation
13.8 Chemicals and Petrochemicals
13.9 Textile Industry
13.10 Oil and Gas
13.11 Other End Users
14 Global Servo Motors and Drives Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 Mitsubishi Electric Corp.
16.2 Schneider Electric
16.3 ABB Ltd.
16.4 FANUC Corp.
16.5 Yaskawa Electric Corp.
16.6 Bosch Rexroth AG
16.7 Siemens AG
16.8 Adtech (Shenzhen) Technology Co., Ltd.
16.9 Rockwell Automation, Inc.
16.10 Delta Electronics, Inc.
16.11 Kinco Automation Pvt. Ltd.
16.12 Emerson Electric Co.
16.13 Kollmorgen Corp.
16.14 Fuji Electric Co., Ltd.
16.15 Toshiba Corporation
16.16 Hitachi
16.17 Hiconics Eco-energy Technology Co., Ltd
16.18 Estun Automation
16.19 Danfoss
List of Tables
1 Global Servo Motors and Drives Market Outlook, By Region (2017-2027) (US $MN)
2 Global Servo Motors and Drives Market Outlook, By Type (2017-2027) (US $MN)
3 Global Servo Motors and Drives Market Outlook, By Servo Drives (2017-2027) (US $MN)
4 Global Servo Motors and Drives Market Outlook, By Direct Current Servo Drives (2017-2027) (US $MN)
5 Global Servo Motors and Drives Market Outlook, By Alternative Current Servo Drives (2017-2027) (US $MN)
6 Global Servo Motors and Drives Market Outlook, By Adjustable Speed Drives (2017-2027) (US $MN)
7 Global Servo Motors and Drives Market Outlook, By Other Servo Drives (2017-2027) (US $MN)
8 Global Servo Motors and Drives Market Outlook, By Servo Motors (2017-2027) (US $MN)
9 Global Servo Motors and Drives Market Outlook, By Alternative Current Servo Motors (2017-2027) (US $MN)
10 Global Servo Motors and Drives Market Outlook, By Direct Current Servo Motors (2017-2027) (US $MN)
11 Global Servo Motors and Drives Market Outlook, By Rotary Servo Motors (2017-2027) (US $MN)
12 Global Servo Motors and Drives Market Outlook, By Linear Servo Motors (2017-2027) (US $MN)
13 Global Servo Motors and Drives Market Outlook, By Brushed Direct Current Motors (2017-2027) (US $MN)
14 Global Servo Motors and Drives Market Outlook, By Brake Type (2017-2027) (US $MN)
15 Global Servo Motors and Drives Market Outlook, By With Brake (2017-2027) (US $MN)
16 Global Servo Motors and Drives Market Outlook, By Without Brake (2017-2027) (US $MN)
17 Global Servo Motors and Drives Market Outlook, By Offering (2017-2027) (US $MN)
18 Global Servo Motors and Drives Market Outlook, By Drive Components (2017-2027) (US $MN)
19 Global Servo Motors and Drives Market Outlook, By Control Systems (2017-2027) (US $MN)
20 Global Servo Motors and Drives Market Outlook, By Electronic Amplifiers (2017-2027) (US $MN)
21 Global Servo Motors and Drives Market Outlook, By Other Drive Components (2017-2027) (US $MN)
22 Global Servo Motors and Drives Market Outlook, By Motor Components (2017-2027) (US $MN)
23 Global Servo Motors and Drives Market Outlook, By Controller Modules (2017-2027) (US $MN)
24 Global Servo Motors and Drives Market Outlook, By Sensors (2017-2027) (US $MN)
25 Global Servo Motors and Drives Market Outlook, By Encoders (2017-2027) (US $MN)
26 Global Servo Motors and Drives Market Outlook, By Other Motor Components (2017-2027) (US $MN)
27 Global Servo Motors and Drives Market Outlook, By Software & Services (2017-2027) (US $MN)
28 Global Servo Motors and Drives Market Outlook, By Voltage Range (2017-2027) (US $MN)
29 Global Servo Motors and Drives Market Outlook, By Low-Voltage Servo Motors and Drives (Up to 690v) (2017-2027) (US $MN)
30 Global Servo Motors and Drives Market Outlook, By Medium-Voltage Servo Motors and Drives (Above 690v) (2017-2027) (US $MN)
31 Global Servo Motors and Drives Market Outlook, By Technology (2017-2027) (US $MN)
32 Global Servo Motors and Drives Market Outlook, By Single Axis Servo System (2017-2027) (US $MN)
33 Global Servo Motors and Drives Market Outlook, By Pulse Duty Servo Drive (2017-2027) (US $MN)
34 Global Servo Motors and Drives Market Outlook, By Continous Duty Servo Drive (2017-2027) (US $MN)
35 Global Servo Motors and Drives Market Outlook, By Multi Axis Servo System (2017-2027) (US $MN)
36 Global Servo Motors and Drives Market Outlook, By Communication Protocol (2017-2027) (US $MN)
37 Global Servo Motors and Drives Market Outlook, By Industrial Ethernet (2017-2027) (US $MN)
38 Global Servo Motors and Drives Market Outlook, By Modbustcp/IP (2017-2027) (US $MN)
39 Global Servo Motors and Drives Market Outlook, By Powerlink (2017-2027) (US $MN)
40 Global Servo Motors and Drives Market Outlook, By Sercos III (2017-2027) (US $MN)
41 Global Servo Motors and Drives Market Outlook, By Ethernet/IP (2017-2027) (US $MN)
42 Global Servo Motors and Drives Market Outlook, By Profinet (2017-2027) (US $MN)
43 Global Servo Motors and Drives Market Outlook, By CC-Link IE (2017-2027) (US $MN)
44 Global Servo Motors and Drives Market Outlook, By Ethercat (2017-2027) (US $MN)
45 Global Servo Motors and Drives Market Outlook, By Fieldbus (2017-2027) (US $MN)
46 Global Servo Motors and Drives Market Outlook, By Devicenet (2017-2027) (US $MN)
47 Global Servo Motors and Drives Market Outlook, By Interbus (2017-2027) (US $MN)
48 Global Servo Motors and Drives Market Outlook, By CC-Link (2017-2027) (US $MN)
49 Global Servo Motors and Drives Market Outlook, By Modbus (2017-2027) (US $MN)
50 Global Servo Motors and Drives Market Outlook, By Profibus (2017-2027) (US $MN)
51 Global Servo Motors and Drives Market Outlook, By Canopen (2017-2027) (US $MN)
52 Global Servo Motors and Drives Market Outlook, By Other Fieldbus Communication Protocols (2017-2027) (US $MN)
53 Global Servo Motors and Drives Market Outlook, By Wireless (2017-2027) (US $MN)
54 Global Servo Motors and Drives Market Outlook, By Bluetooth (2017-2027) (US $MN)
55 Global Servo Motors and Drives Market Outlook, By Wireless Hart (2017-2027) (US $MN)
56 Global Servo Motors and Drives Market Outlook, By WiMAX (2017-2027) (US $MN)
57 Global Servo Motors and Drives Market Outlook, By Wireless Local Area Network (2017-2027) (US $MN)
58 Global Servo Motors and Drives Market Outlook, By Zigbee (2017-2027) (US $MN)
59 Global Servo Motors and Drives Market Outlook, By Other Wireless Communication Protocols (2017-2027) (US $MN)
60 Global Servo Motors and Drives Market Outlook, By Material (2017-2027) (US $MN)
61 Global Servo Motors and Drives Market Outlook, By Stainless Steel Servo Motors and Drives (2017-2027) (US $MN)
62 Global Servo Motors and Drives Market Outlook, By Non-Stainless Steel Servo Motors and Drives (2017-2027) (US $MN)
63 Global Servo Motors and Drives Market Outlook, By Application (2017-2027) (US $MN)
64 Global Servo Motors and Drives Market Outlook, By Machine Tools (2017-2027) (US $MN)
65 Global Servo Motors and Drives Market Outlook, By Cut to Length Application (2017-2027) (US $MN)
66 Global Servo Motors and Drives Market Outlook, By Computerized Numerical Controllers (2017-2027) (US $MN)
67 Global Servo Motors and Drives Market Outlook, By Motion Control (2017-2027) (US $MN)
68 Global Servo Motors and Drives Market Outlook, By Robotics (2017-2027) (US $MN)
69 Global Servo Motors and Drives Market Outlook, By Automated Manufacturing (2017-2027) (US $MN)
70 Global Servo Motors and Drives Market Outlook, By Radio Controlled Toys (2017-2027) (US $MN)
71 Global Servo Motors and Drives Market Outlook, By CNC Machines (2017-2027) (US $MN)
72 Global Servo Motors and Drives Market Outlook, By Material Handling Equipment (2017-2027) (US $MN)
73 Global Servo Motors and Drives Market Outlook, By Rubber & Plastics Machinery (2017-2027) (US $MN)
74 Global Servo Motors and Drives Market Outlook, By Metal Cutting (2017-2027) (US $MN)
75 Global Servo Motors and Drives Market Outlook, By Metal Forming (2017-2027) (US $MN)
76 Global Servo Motors and Drives Market Outlook, By Other Applications (2017-2027) (US $MN)
77 Global Servo Motors and Drives Market Outlook, By End User (2017-2027) (US $MN)
78 Global Servo Motors and Drives Market Outlook, By Printing & Paper (2017-2027) (US $MN)
79 Global Servo Motors and Drives Market Outlook, By Packaging (2017-2027) (US $MN)
80 Global Servo Motors and Drives Market Outlook, By Food Processing (2017-2027) (US $MN)
81 Global Servo Motors and Drives Market Outlook, By Semiconductors & Electronics (2017-2027) (US $MN)
82 Global Servo Motors and Drives Market Outlook, By Pharmaceutical & Healthcare (2017-2027) (US $MN)
83 Global Servo Motors and Drives Market Outlook, By Automotive & Transportation (2017-2027) (US $MN)
84 Global Servo Motors and Drives Market Outlook, By Chemicals and Petrochemicals (2017-2027) (US $MN)
85 Global Servo Motors and Drives Market Outlook, By Textile Industry (2017-2027) (US $MN)
86 Global Servo Motors and Drives Market Outlook, By Oil and Gas (2017-2027) (US $MN)
87 Global Servo Motors and Drives Market Outlook, By Other End Users (2017-2027) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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