Researchmoz added Most up-to-date research on "Global Servo Drives and Motors Market to Reach US$12.44 bn by 2020, Demand from Automotive Industry to Drive Growth" to its huge collection of research reports.
Servo motors are
high performance electric motors having characteristics such as
controlling the movement of machines. In addition, servo motors offer
easy installation and no maintenance cost. Increasing electricity prices
and stringent electricity utilization standards are driving the demand
for energy efficient motors globally. The market of servo drives and motors is expected to grow at a slower pace in North America and Europe
region. 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. In addition, the strict energy
consumption regulations and environment protection acts as the key
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 growing
manufacturing industries in India, China, South Korea, Indonesia, Japan
and several other countries in Asia-Pacific region. The increasing
demand for energy efficient motors causes the shift from standard energy
efficient 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 analyzes
the servo drives and motors market on a global level, and provides
estimates in terms of revenue (USD billion) from 2014 to 2020. The
report identifies the drivers and restraints affecting the market and
analyzes their impact over the forecast period. In addition, it
identifies the significant opportunities for market growth in the coming
years.
To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=275072
The report segments the market on the
basis of geography as North America, Europe, Asia Pacific (APAC), and
Rest of the World (RoW), and these have been estimated in terms of
revenue (USD billion). Moreover, the report segments the market based on
types as servo drives and servo motors. The market has been further
segmented based on different types of servo drives such as AC servo
drives, DC servo drives and adjustable speed. Servo motors are further
segmented into AC servo motors, DC brushless, brushed DC and linear
servo motors. Furthermore, the market is segmented on the basis of
application which includes automotive, semiconductor and electronics,
material handling, food processing, healthcare and others. Among all the
application segments, automotive segment holds the largest market share
at present in the servo drives and motors market. All these segments
have also been estimated on the basis of geography in terms of revenue
(USD billion).
Asia Pacific represents the largest
market for servo drives and motors. In 2014, Asia Pacific accounted for
more than 40% revenue share in the global servo drives and motors
market. 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. In addition, positive
growth prospects in GDP of these countries will help the region to
remain market leader in servo drives and motors in coming few years.
For better understanding of servo
drives and motors market, we have given a detailed analysis of the
supply chain. In addition, a detailed Porter’s five forces analysis has
been given for a better understanding of the intensity of the
competition present in the market. Furthermore, the study comprises a
market attractiveness analysis, where the applications are benchmarked
based on their market scope, growth rate and general attractiveness.
The report provides company market
share analysis of the various industry participants. Key players have
also been profiled on the basis of company overview, financial overview,
business strategies and recent developments in the field of servo
drives and motors. Major market participants profiled in this report
include 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 segmented as below:
Servo Drives and Motors Market: by Type
- Servo drives
- AC servo drives
- DC servo drives
- Adjustable speed
- Servo motors
- AC servo motors
- DC brushless
- Brushed DC
- Linear servo motors
Servo Drives and Motors Market: by Application
- Automotive
- Semiconductor and electronics
- Material handling
- Food processing
- Healthcare
- Others
Servo Drives and Motors Market: by Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World
No comments:
Post a Comment