Market Overview:
The global servo driven machine 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-driven machines in various applications, such as aerospace and defense, marine, satellite communication, industrial automation, and others. In addition, the growing demand for energy-efficient machines is also contributing to the growth of this market.
Product Definition:
A servo-driven machine is a type of industrial machinery that uses a servomotor to control the position or speed of an output shaft.Servo motors offer high precision and accuracy, which makes them ideal for use in machines that need to move or operate with great accuracy. Some common applications for servo-driven machines include robotics, CNC (computer numerical control) machining, and automated manufacturing systems.
Brushless Servo Driven:
Brushless servo driven machine is a new technology that uses electromagnetic field for the movement of mechanism. It has no physical connection with the power source, instead it gets its energy from magnetic fluctuations generated by electric current in nearby conductors. The absence of mechanical parts makes this technology more efficient and reliable which results into less operational cost and increased life span of machine components.
Brush DC Servo Driven:
Brush DC servo driven machine is used in many applications such as printing, labeling and coding machines, bar code scanners and other automation applications. The machine uses a small motor to move the hairpin loop which is attached to the brush. As a result, it creates an electrical current that drives the servo motors which moves the output device accordingly.
Application Insights:
The aerospace and defense application segment accounted for the largest market share in 2017. The machine has numerous applications in the aerospace industry, such as actuation, robotics, automation and control of machinery. In addition to controlling various hydraulic systems within an aircraft or spacecraft, these machines are used to control other actuators that drive mechanical systems such as doors or windows. Satellite communication is another key application area where servo drives have found widespread adoption due to their high positioning accuracy required for maintaining a constant satellite orbit.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing investments in automation and technological advancements. For instance, in November 2017, Panasonic Corporation announced its plan for deploying a new factory robot with enhanced capabilities and intelligence in its automotive unit in Japan. The new robots are expected to start working around May 2018.
Europe accounted for more than 25% of the overall revenue share as of 2017 owing high adoption rates across numerous applications including aerospace.
Growth Factors:
- Increasing demand for servo-driven machines from the automotive and aerospace industries due to their high accuracy and precision requirements.
- Growing demand for servo-driven machines from the medical device industry due to their ability to provide precise motion control in a wide range of applications, such as minimally invasive surgery and drug delivery systems.
- Rising adoption of servo-driven machines in semiconductor manufacturing owing to their ability to improve process yields and reduce manufacturing costs.
- Increasing use of servo-driven machines in food processing applications due to their superior hygiene performance characteristics compared with traditional mechanical drive systems used in food processing plants .
Scope Of The Report
Report Attributes
Report Details
Report Title
Servo Driven Machine Market Research Report
By Type
Brushless Servo Driven, Brush DC Servo Driven, AC Servo Driven, Others
By Application
Aerospace and Defense, Marine, Satellite Communication, Industrial Automation, Others
By Companies
Baumüller, Motion Control Products Ltd., Estun Automation Co. Ltd, Panasonic, Shenzhen INVT Electric Co.,Ltd, Siemens, Control Techniques/ Nidec, ABB, LinMot, MotionKing, DESTACO, A Dover Company., Tolomatic, Schneider, Moog Inc., Oriental Motor, Lenze, Toshiba, Heason Technology, GSK, Beckhoff, Inovance, LS Mecapion, Infranor, Kollmorgen, ESI Motion, LS ELECTRIC Co., Ltd., Ningbo Physis Technology Co.,Ltd.
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Servo Driven Machine Market Report Segments:
The global Servo Driven Machine market is segmented on the basis of:
Types
Brushless Servo Driven, Brush DC Servo Driven, AC Servo Driven, Others
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
Aerospace and Defense, Marine, Satellite Communication, Industrial Automation, 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:
- Baumüller
- Motion Control Products Ltd.
- Estun Automation Co. Ltd
- Panasonic
- Shenzhen INVT Electric Co.,Ltd
- Siemens
- Control Techniques/ Nidec
- ABB
- LinMot
- MotionKing
- DESTACO, A Dover Company.
- Tolomatic
- Schneider
- Moog Inc.
- Oriental Motor
- Lenze
- Toshiba
- Heason Technology
- GSK
- Beckhoff
- Inovance
- LS Mecapion
- Infranor
- Kollmorgen
- ESI Motion
- LS ELECTRIC Co., Ltd.
- Ningbo Physis Technology Co.,Ltd.
Highlights of The Servo Driven Machine 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:
- Brushless Servo Driven
- Brush DC Servo Driven
- AC Servo Driven
- Others
- By Application:
- Aerospace and Defense
- Marine
- Satellite Communication
- Industrial Automation
- 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 Driven Machine 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 servo driven machine is a machine that uses servos to control its movement. Servos are small motors that can be controlled using an electronic controller. This allows the machine to move in a precise and controlled manner, making it ideal for tasks such as precision manufacturing or robotics.
Some of the major players in the servo driven machine market are Baum¼ller, Motion Control Products Ltd., Estun Automation Co. Ltd, Panasonic, Shenzhen INVT Electric Co.,Ltd, Siemens, Control Techniques/ Nidec, ABB, LinMot, MotionKing, DESTACO, A Dover Company., Tolomatic, Schneider, Moog Inc., Oriental Motor, Lenze, Toshiba, Heason Technology, GSK, Beckhoff, Inovance, LS Mecapion, Infranor, Kollmorgen, ESI Motion, LS ELECTRIC Co., Ltd., Ningbo Physis Technology Co.,Ltd..
The servo driven machine 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 Driven Machine 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 Driven Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Servo Driven Machine 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 Driven Machine 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 Driven Machine Market Size & Forecast, 2018-2028
4.5.1 Servo Driven Machine Market Size and Y-o-Y Growth
4.5.2 Servo Driven Machine Market Absolute $ Opportunity
Chapter 5 Global Servo Driven Machine 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 Driven Machine Market Size Forecast by Type
5.2.1 Brushless Servo Driven
5.2.2 Brush DC Servo Driven
5.2.3 AC Servo Driven
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Servo Driven Machine 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 Driven Machine Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Marine
6.2.3 Satellite Communication
6.2.4 Industrial Automation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Servo Driven Machine 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 Driven Machine 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 Driven Machine Analysis and Forecast
9.1 Introduction
9.2 North America Servo Driven Machine 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 Driven Machine Market Size Forecast by Type
9.6.1 Brushless Servo Driven
9.6.2 Brush DC Servo Driven
9.6.3 AC Servo Driven
9.6.4 Others
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 Driven Machine Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Marine
9.10.3 Satellite Communication
9.10.4 Industrial Automation
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 Driven Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Servo Driven Machine 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 Driven Machine Market Size Forecast by Type
10.6.1 Brushless Servo Driven
10.6.2 Brush DC Servo Driven
10.6.3 AC Servo Driven
10.6.4 Others
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 Driven Machine Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Marine
10.10.3 Satellite Communication
10.10.4 Industrial Automation
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 Driven Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Servo Driven Machine 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 Driven Machine Market Size Forecast by Type
11.6.1 Brushless Servo Driven
11.6.2 Brush DC Servo Driven
11.6.3 AC Servo Driven
11.6.4 Others
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 Driven Machine Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Marine
11.10.3 Satellite Communication
11.10.4 Industrial Automation
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 Driven Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Servo Driven Machine 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 Driven Machine Market Size Forecast by Type
12.6.1 Brushless Servo Driven
12.6.2 Brush DC Servo Driven
12.6.3 AC Servo Driven
12.6.4 Others
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 Driven Machine Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Marine
12.10.3 Satellite Communication
12.10.4 Industrial Automation
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 Driven Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Servo Driven Machine 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 Driven Machine Market Size Forecast by Type
13.6.1 Brushless Servo Driven
13.6.2 Brush DC Servo Driven
13.6.3 AC Servo Driven
13.6.4 Others
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 Driven Machine Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Marine
13.10.3 Satellite Communication
13.10.4 Industrial Automation
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 Driven Machine Market: Competitive Dashboard
14.2 Global Servo Driven Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baumüller
14.3.2 Motion Control Products Ltd.
14.3.3 Estun Automation Co. Ltd
14.3.4 Panasonic
14.3.5 Shenzhen INVT Electric Co.,Ltd
14.3.6 Siemens
14.3.7 Control Techniques/ Nidec
14.3.8 ABB
14.3.9 LinMot
14.3.10 MotionKing
14.3.11 DESTACO, A Dover Company.
14.3.12 Tolomatic
14.3.13 Schneider
14.3.14 Moog Inc.
14.3.15 Oriental Motor
14.3.16 Lenze
14.3.17 Toshiba
14.3.18 Heason Technology
14.3.19 GSK
14.3.20 Beckhoff
14.3.21 Inovance
14.3.22 LS Mecapion
14.3.23 Infranor
14.3.24 Kollmorgen
14.3.25 ESI Motion
14.3.26 LS ELECTRIC Co., Ltd.
14.3.27 Ningbo Physis Technology Co.,Ltd.
