Market Overview:
The global servo amplifiers 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 servo amplifiers in machine tools, packaging applications, textile, robots and other industrial applications. Additionally, the growing demand for energy-efficient and high-performance servo amplifiers is also contributing to the growth of this market.
Product Definition:
Servo amplifiers are used to control the position and speed of a motor or other device. They are important because they allow precise control of movement, which is necessary for many industrial and manufacturing applications.
DC Servo Amplifier:
DC servo amplifier is a device that uses the principle of Servo motors to provide continuous motion control. It is used in various applications such as robotics, machine tools, assembly lines and semiconductor manufacturing. DC servo amplifiers are gaining importance due to their compact size and low power consumption properties which helps in reducing the overall energy cost of the system.
The global market for DC servo amplifiers was valued at USD 1,849 million in 2015.
AC Servo Amplifier:
AC servo amplifiers are used to boost the power of a servo motor. They can be used in various applications such as robotics, machine tools, assembly lines and automation systems. AC Servo Amplifier is an electronic device that uses pulse-width modulation to control the speed of a servomotor by converting an ac signal into a frequency that is suitable for driving motors.
Application Insights:
The machine tools application segment led the global servo amplifiers market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. Servo motors are widely used in various machine tools applications, such as vertical and horizontal machining centers, drilling machines, milling machines, computer numerical controlled (CNC) machinery and automated teller machines (ATM). The growing demand for precision machined components is expected to drive the demand for these devices over the forecast period.
The packaging applications segment accounted for USD 536.5 million in 2017 owing to high product utilization across packaging lines including automated guided vehicles (AGVs), palletizing systems and material handling equipment.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for automation from numerous end-use industries such as automotive, packaging, textile, and others. Robust manufacturing base of automotive manufacturers in China and Japan coupled with growing investments by various companies for developing advanced driver-assistance systems (ADAS) is anticipated to drive the regional market further.
The machine tools segment in Europe accounted for a major share owing to high production volumes across several industries including aerospace & defense, marine machinery among others. Moreover, presence of prominent manufacturers such as CNC Tech GmbH; Kistler Instrumente AG; Zuken Group; Buhrmann Maschinenfabrik AG would boost product demand over the forecast period.
Growth Factors:
- Increasing demand for servo amplifiers in the industrial sector for accurate and efficient control of machinery and equipment.
- Growing popularity of servo amplifiers in the automotive industry to achieve better fuel efficiency and performance.
- Rising demand from the medical sector for precise motion control in surgical procedures and diagnostics.
- Increasing use of servo amplifiers in research laboratories for advanced scientific experiments and studies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Servo Amplifiers Market Research Report
By Type
DC Servo Amplifier, AC Servo Amplifier
By Application
Machine Tools, Packaging Applications, Textile, Robots, Others
By Companies
GE, MITSUBISHI, ABB, YASKAWA, Pilz, Parker, Fanuc, Haas Automation, Advanced Motion Controls, Kollmorgen, Toolex, Practec, Fuji Electric
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Servo Amplifiers Market Report Segments:
The global Servo Amplifiers market is segmented on the basis of:
Types
DC Servo Amplifier, AC Servo Amplifier
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
Machine Tools, Packaging Applications, Textile, Robots, Others
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:
- GE
- MITSUBISHI
- ABB
- YASKAWA
- Pilz
- Parker
- Fanuc
- Haas Automation
- Advanced Motion Controls
- Kollmorgen
- Toolex
- Practec
- Fuji Electric
Highlights of The Servo Amplifiers 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:
- DC Servo Amplifier
- AC Servo Amplifier
- By Application:
- Machine Tools
- Packaging Applications
- Textile
- Robots
- Others
- 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 Servo Amplifiers 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
- Identifying Appropriate Advertising Appeals
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?
Servo amplifiers are devices that amplify the signal from a servo motor. Servo motors can be used to move objects in a controlled manner, and they are often used in robotics and other applications where precise movement is required.
Some of the key players operating in the servo amplifiers market are GE, MITSUBISHI, ABB, YASKAWA, Pilz, Parker, Fanuc, Haas Automation, Advanced Motion Controls, Kollmorgen, Toolex, Practec, Fuji Electric.
The servo amplifiers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Servo Amplifiers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Servo Amplifiers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Servo Amplifiers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Servo Amplifiers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Servo Amplifiers Market Size & Forecast, 2018-2028
4.5.1 Servo Amplifiers Market Size and Y-o-Y Growth
4.5.2 Servo Amplifiers Market Absolute $ Opportunity
Chapter 5 Global Servo Amplifiers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Servo Amplifiers Market Size Forecast by Type
5.2.1 DC Servo Amplifier
5.2.2 AC Servo Amplifier
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Servo Amplifiers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Servo Amplifiers Market Size Forecast by Applications
6.2.1 Machine Tools
6.2.2 Packaging Applications
6.2.3 Textile
6.2.4 Robots
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Servo Amplifiers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Servo Amplifiers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Servo Amplifiers Analysis and Forecast
9.1 Introduction
9.2 North America Servo Amplifiers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Servo Amplifiers Market Size Forecast by Type
9.6.1 DC Servo Amplifier
9.6.2 AC Servo Amplifier
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Servo Amplifiers Market Size Forecast by Applications
9.10.1 Machine Tools
9.10.2 Packaging Applications
9.10.3 Textile
9.10.4 Robots
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Servo Amplifiers Analysis and Forecast
10.1 Introduction
10.2 Europe Servo Amplifiers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Servo Amplifiers Market Size Forecast by Type
10.6.1 DC Servo Amplifier
10.6.2 AC Servo Amplifier
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Servo Amplifiers Market Size Forecast by Applications
10.10.1 Machine Tools
10.10.2 Packaging Applications
10.10.3 Textile
10.10.4 Robots
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Servo Amplifiers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Servo Amplifiers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Servo Amplifiers Market Size Forecast by Type
11.6.1 DC Servo Amplifier
11.6.2 AC Servo Amplifier
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Servo Amplifiers Market Size Forecast by Applications
11.10.1 Machine Tools
11.10.2 Packaging Applications
11.10.3 Textile
11.10.4 Robots
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Servo Amplifiers Analysis and Forecast
12.1 Introduction
12.2 Latin America Servo Amplifiers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Servo Amplifiers Market Size Forecast by Type
12.6.1 DC Servo Amplifier
12.6.2 AC Servo Amplifier
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Servo Amplifiers Market Size Forecast by Applications
12.10.1 Machine Tools
12.10.2 Packaging Applications
12.10.3 Textile
12.10.4 Robots
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Servo Amplifiers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Servo Amplifiers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Servo Amplifiers Market Size Forecast by Type
13.6.1 DC Servo Amplifier
13.6.2 AC Servo Amplifier
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Servo Amplifiers Market Size Forecast by Applications
13.10.1 Machine Tools
13.10.2 Packaging Applications
13.10.3 Textile
13.10.4 Robots
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Servo Amplifiers Market: Competitive Dashboard
14.2 Global Servo Amplifiers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 MITSUBISHI
14.3.3 ABB
14.3.4 YASKAWA
14.3.5 Pilz
14.3.6 Parker
14.3.7 Fanuc
14.3.8 Haas Automation
14.3.9 Advanced Motion Controls
14.3.10 Kollmorgen
14.3.11 Toolex
14.3.12 Practec
14.3.13 Fuji Electric
