Market Overview:
Servo Motor Cables are used to transmit electrical power and signals between servo motors and controllers. The global servo motor cables market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth of the market can be attributed to the increasing demand for industrial automation across different industries, rising adoption of robots in manufacturing processes, and growing demand for electric vehicles. The global servo motor cables market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into PVC servo cables, PUR servo cables, and others.
Product Definition:
Servo motor cables are used to connect a servo motor to a controller. The cables carry power and control signals between the two devices.
PVC Servo Cables:
PVC servo cables are used in the manufacturing of electric cables that are widely utilized for controlling various machine tools. PVC is a highly versatile plastic with high resistance to chemicals and solvents, which makes it suitable for manufacturing such cables. Servo motor cables made up of PVC have applications in industries such as automotive, food & beverages, printing & labeling equipment’s among others.
PUR Servo Cables:
PUR servo cables are used to connect the output terminals of a servo motor to the input terminals of another device. They are widely used in automation and robotics applications. Servo motors have gained popularity as they offer high torque at low speeds, which makes them ideal for various automation applications.
The global market for PUR servo cables is expected to witness significant growth over the forecast period owing to their increasing application scope in industrial robotics.
Application Insights:
Automobile industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The growing demand for electric and hybrid vehicles, along with stringent government regulations regarding reduction of vehicular emissions, is anticipated to drive product demand in this segment.
The machine manufacturing sector has also been growing significantly over the past few years owing to an increase in R&D spending by major industrial countries including China, Japan and Germany. Servo motors are widely used for positioning applications as they offer high precision, repeatability and control speed required by various production lines. This application segment is estimated to expand at a CAGR of XX% from 2017 to 2030 due largely on-going investments being made by major players such as Siemens AG., ABB Ltd., Mitsubishi Electric Corporation among others for research & development activities related specifically towards industrial automation applications using robotics technology within their manufacturing facilities or plants worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing industrialization, rising machine manufacturing, and other industries requiring high-precision movements. Moreover, growing automation across various applications including food & beverage processing equipment; pharmaceutical packaging machinery; textile machinery; transportation equipment such as trains and marine engines is anticipated to drive the demand for servo motor cables in this region.
The market in North America accounted for a significant share owing to widespread use of automation technology across several industrial sectors such as metal cutting machines, drilling machines, printing presses among others that require highly accurate movements with low power consumption.
Growth Factors:
- Increasing demand for servo motor cables in the automotive industry for various applications such as power steering, braking, and engine control systems.
- Growing demand from the industrial sector for servo motor cables used in machines and equipment for precision motion control.
- Rising adoption of servo motors in renewable energy applications such as wind turbines and solar panels owing to their high efficiency and reliability.
- Rapid growth of the robotics market due to increasing automation across industries is expected to drive the demand for servo motor cables over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Servo Motor Cables Market Research Report
By Type
PVC Servo Cables, PUR Servo Cables, Others
By Application
Automobile Industry, Industrial Automation (Industrial Robots, etc.), Machine Manufacturing, Other
By Companies
HELUKABEL, Lapp Group (Lapp Mulle), TPC Wire and Cable, Murrplastik, Alpha Wire, SABBröckskesGmbH Co. KG, Igus, Pololu, Eland Cables, LUTZE, Motion Cables, Dongguan AMICU
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Servo Motor Cables Market Report Segments:
The global Servo Motor Cables market is segmented on the basis of:
Types
PVC Servo Cables, PUR Servo Cables, 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
Automobile Industry, Industrial Automation (Industrial Robots, etc.), Machine Manufacturing, 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:
- HELUKABEL
- Lapp Group (Lapp Mulle)
- TPC Wire and Cable
- Murrplastik
- Alpha Wire
- SABBröckskesGmbH Co. KG
- Igus
- Pololu
- Eland Cables
- LUTZE
- Motion Cables
- Dongguan AMICU
Highlights of The Servo Motor Cables 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:
- PVC Servo Cables
- PUR Servo Cables
- Others
- By Application:
- Automobile Industry
- Industrial Automation (Industrial Robots, etc.)
- Machine Manufacturing
- 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 Servo Motor Cables 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 motor cables are used to connect a servo motor to an electronic control system. The cables allow the electronic control system to send commands to the servo motor, and receive feedback from the servo motor about its current position and speed.
Some of the major companies in the servo motor cables market are HELUKABEL, Lapp Group (Lapp Mulle), TPC Wire and Cable, Murrplastik, Alpha Wire, SABBr¶ckskesGmbH Co. KG, Igus, Pololu, Eland Cables, LUTZE, Motion Cables, Dongguan AMICU.
The servo motor cables 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 Motor Cables 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 Motor Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Servo Motor Cables 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 Motor Cables 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 Motor Cables Market Size & Forecast, 2020-2028
4.5.1 Servo Motor Cables Market Size and Y-o-Y Growth
4.5.2 Servo Motor Cables Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PVC Servo Cables
5.2.2 PUR Servo Cables
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Industrial Automation (Industrial Robots
6.2.3 etc.)
6.2.4 Machine Manufacturing
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Servo Motor Cables 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 Motor Cables 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PVC Servo Cables
9.6.2 PUR Servo Cables
9.6.3 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 Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Industrial Automation (Industrial Robots
9.10.3 etc.)
9.10.4 Machine Manufacturing
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PVC Servo Cables
10.6.2 PUR Servo Cables
10.6.3 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 Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Industrial Automation (Industrial Robots
10.10.3 etc.)
10.10.4 Machine Manufacturing
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PVC Servo Cables
11.6.2 PUR Servo Cables
11.6.3 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 Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Industrial Automation (Industrial Robots
11.10.3 etc.)
11.10.4 Machine Manufacturing
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PVC Servo Cables
12.6.2 PUR Servo Cables
12.6.3 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 Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Industrial Automation (Industrial Robots
12.10.3 etc.)
12.10.4 Machine Manufacturing
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PVC Servo Cables
13.6.2 PUR Servo Cables
13.6.3 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) Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Industrial Automation (Industrial Robots
13.10.3 etc.)
13.10.4 Machine Manufacturing
13.10.5 Other
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 Motor Cables Market: Competitive Dashboard
14.2 Global Servo Motor Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HELUKABEL
14.3.2 Lapp Group (Lapp Mulle)
14.3.3 TPC Wire and Cable
14.3.4 Murrplastik
14.3.5 Alpha Wire
14.3.6 SABBröckskesGmbH Co. KG
14.3.7 Igus
14.3.8 Pololu
14.3.9 Eland Cables
14.3.10 LUTZE
14.3.11 Motion Cables
14.3.12 Dongguan AMICU
