Market Overview:
The global AC permanent magnet servomotor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation across industries, rising adoption of servo motors in medical applications, and growing demand for electric vehicles. The AC permanent magnet servomotor market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into permanent magnet synchronous servo motor (PMSM) and other types of AC servo motors. PMSM accounted for a major share of the global AC permanent magnet servomotor market in 2017 and is expected to grow at a higher CAGR than other types during the forecast period. This can be attributed to its high efficiency and reliability as compared with other types of motors available in the market.
Product Definition:
An AC permanent magnet servomotor is a type of motor that uses a permanent magnet to create rotational force. These motors are often used in industrial applications where precise control and high power output are required.
Permanent Magnet Synchronous Servo Motor:
PMSM is a type of servomotor that uses permanent magnets for power. The PMSM has several advantages over the traditional servomotors such as high torque density, high speed, and efficient power conversion. These motors are used in various applications such as automation systems, machine tools, robotics & CNC machines and medical equipment among others.
Other:
Other is a generic name used for all the accessories that are not covered under any other category. The market includes products such as position feedback sensors, limit switches, and various others. Other is expected to grow at a CAGR of XX% from 2015 to 2022 in terms of revenue owing to its increasing usage in AC PM Servomotors market.
Application Insights:
The application segment is segregated into five parts, namely automation, medical, aerospace, automotive and transportation and others. The automation segment dominated the global market in terms of revenue share in 2017. Automation is one of the key growth drivers for magnets as it provides high precision & control over a wide range of motion with low power consumption.
The permanent magnet synchronous servo motors are used extensively across various industries owing to their ability to provide precise positioning at a desired speed with high torque output capability across multiple applications such as robotics & CNC machinery where position accuracy is crucial for carrying out complex operations efficiently.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand from end-use industries such as automation, medical and aerospace. China is one of the largest markets for these motors due to increased manufacturing activities across various industrial sectors including automotive and transportation.
The growing manufacturing sector in India coupled with favorable government policies aimed at promoting investments in different sectors including defense and electronics are anticipated to boost product demand over the forecast period. Furthermore, rapid growth of service industries across emerging economies such as Brazil, Mexico and Argentina has led to an increase in consumer electronic products usage which will further drive product demand during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and high-performance motors
- Rising demand from the automotive sector
- Growing popularity of servo motors in industrial applications
- Proliferation of smart factories and Industry 4.0 initiatives
- Technological advancements in AC permanent magnet servomotors
Scope Of The Report
Report Attributes
Report Details
Report Title
AC Permanent Magnet Servomotor Market Research Report
By Type
Permanent Magnet Synchronous Servo Motor, Other
By Application
Automation, Medical, Aerospace, Automotive and Transportation, Other
By Companies
Simphoenix, Huanya Jixie, Finmeccanica, Emerson, General Electric, Siemens AG, Mitsubishi Electric, Wolong, Powtran Technology, Fanuc, STMicroelectronics, Kollmorgen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global AC Permanent Magnet Servomotor Market Report Segments:
The global AC Permanent Magnet Servomotor market is segmented on the basis of:
Types
Permanent Magnet Synchronous Servo Motor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automation, Medical, Aerospace, Automotive and Transportation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Simphoenix
- Huanya Jixie
- Finmeccanica
- Emerson
- General Electric
- Siemens AG
- Mitsubishi Electric
- Wolong
- Powtran Technology
- Fanuc
- STMicroelectronics
- Kollmorgen
Highlights of The AC Permanent Magnet Servomotor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Permanent Magnet Synchronous Servo Motor
- Other
- By Application:
- Automation
- Medical
- Aerospace
- Automotive and Transportation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AC Permanent Magnet Servomotor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A permanent magnet servomotor is a type of electric motor that uses a permanent magnet to generate rotational motion. This type of motor is often used in applications where high torque and low speed are required, such as in industrial machinery or robotics.
Some of the major players in the ac permanent magnet servomotor market are Simphoenix, Huanya Jixie, Finmeccanica, Emerson, General Electric, Siemens AG, Mitsubishi Electric, Wolong, Powtran Technology, Fanuc, STMicroelectronics, Kollmorgen.
The ac permanent magnet servomotor market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. AC Permanent Magnet Servomotor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. AC Permanent Magnet Servomotor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. AC Permanent Magnet Servomotor Market - Supply Chain
4.5. Global AC Permanent Magnet Servomotor Market Forecast
4.5.1. AC Permanent Magnet Servomotor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. AC Permanent Magnet Servomotor Market Size (000 Units) and Y-o-Y Growth
4.5.3. AC Permanent Magnet Servomotor Market Absolute $ Opportunity
5. Global AC Permanent Magnet Servomotor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. AC Permanent Magnet Servomotor Market Size and Volume Forecast by Type
5.3.1. Permanent Magnet Synchronous Servo Motor
5.3.2. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global AC Permanent Magnet Servomotor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. AC Permanent Magnet Servomotor Market Size and Volume Forecast by Application
6.3.1. Automation
6.3.2. Medical
6.3.3. Aerospace
6.3.4. Automotive and Transportation
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global AC Permanent Magnet Servomotor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. AC Permanent Magnet Servomotor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global AC Permanent Magnet Servomotor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. AC Permanent Magnet Servomotor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global AC Permanent Magnet Servomotor Demand Share Forecast, 2019-2026
9. North America AC Permanent Magnet Servomotor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America AC Permanent Magnet Servomotor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America AC Permanent Magnet Servomotor Market Size and Volume Forecast by Application
9.4.1. Automation
9.4.2. Medical
9.4.3. Aerospace
9.4.4. Automotive and Transportation
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America AC Permanent Magnet Servomotor Market Size and Volume Forecast by Type
9.7.1. Permanent Magnet Synchronous Servo Motor
9.7.2. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America AC Permanent Magnet Servomotor Demand Share Forecast, 2019-2026
10. Latin America AC Permanent Magnet Servomotor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America AC Permanent Magnet Servomotor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America AC Permanent Magnet Servomotor Market Size and Volume Forecast by Application
10.4.1. Automation
10.4.2. Medical
10.4.3. Aerospace
10.4.4. Automotive and Transportation
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America AC Permanent Magnet Servomotor Market Size and Volume Forecast by Type
10.7.1. Permanent Magnet Synchronous Servo Motor
10.7.2. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America AC Permanent Magnet Servomotor Demand Share Forecast, 2019-2026
11. Europe AC Permanent Magnet Servomotor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe AC Permanent Magnet Servomotor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe AC Permanent Magnet Servomotor Market Size and Volume Forecast by Application
11.4.1. Automation
11.4.2. Medical
11.4.3. Aerospace
11.4.4. Automotive and Transportation
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe AC Permanent Magnet Servomotor Market Size and Volume Forecast by Type
11.7.1. Permanent Magne Synchronous Servo Motor
11.7.2. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe AC Permanent Magnet Servomotor Demand Share, 2019-2026
12. Asia Pacific AC Permanent Magnet Servomotor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific AC Permanent Magnet Servomotor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific AC Permanent Magnet Servomotor Market Size and Volume Forecast by Application
12.4.1. Automation
12.4.2. Medical
12.4.3. Aerospace
12.4.4. Automotive and Transportation
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific AC Permanent Magnet Servomotor Market Size and Volume Forecast by Type
12.7.1. Permanent Magnet Synchronous Servo Motor
12.7.2. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific AC Permanent Magnet Servomotor Demand Share, 2019-2026
13. Middle East & Africa AC Permanent Magnet Servomotor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa AC Permanent Magnet Servomotor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa AC Permanent Magnet Servomotor Market Size and Volume Forecast by Application
13.4.1. Automation
13.4.2. Medical
13.4.3. Aerospace
13.4.4. Automotive and Transportation
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa AC Permanent Magnet Servomotor Market Size and Volume Forecast by Type
13.7.1. Permanent Magnet Synchronous Servo Motor
13.7.2. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa AC Permanent Magnet Servomotor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global AC Permanent Magnet Servomotor Market: Market Share Analysis
14.2. AC Permanent Magnet Servomotor Distributors and Customers
14.3. AC Permanent Magnet Servomotor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Simphoenix
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huanya Jixie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Finmeccanica
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emerson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wolong
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Powtran Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fanuc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STMicroelectronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kollmorgen
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
