Market Overview:
The global servo motors for industrial robots market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial robots across various industries, such as automotive, electronics, and food & beverage. In addition, the growing adoption of servo motors for industrial robots in emerging countries is also contributing to the growth of this market. Based on type, the global servo motors for industrial robots market can be segmented into less than 2 kW, 2 kW-5 kW, and more than 5 kW segments. The more than 5 kW segment is expected to account for a major share of the global servo motors for industrial robots market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030 due to its high efficiency and performance compared with other types of servo motors available in the market. Based on application, the global servo motors for industrial robots market can be divided into welding robot, palletizing robot,, spraying robot,, assembly robot,, and others segments.
Product Definition:
Servo motors are used in industrial robots to provide high-precision motion control. The servo motor receives a position command from the robot controller and then accurately moves the robot arm to that position. This precise motion control is essential for tasks such as welding, fabricating, and assembly.
Less than 2KW:
The less than 2KW (2,000w) Servo motors for industrial robots market is expected to grow at a CAGR of XX% from 2018 to 2025. The growth can be attributed to the increasing demand for automation in industries such as automotive and manufacturing. These motors are used in various applications such as assembly & welding, material handling & palletizing, machine tending and inspection.
2KW-5KW:
2KW-5KW is the range of Servo Motors for Industrial Robots which are used to provide high accuracy positioning and speed control. These motors are widely used in industrial applications such as assembly & welding, packaging & palletizing, machine tending and material handling among others. The Servo Motor Market has witnessed significant growth over the past few years owing to its increasing demand across various industrial automation applications.
Application Insights:
The welding robot segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Servo motors with integrated intelligence have been witnessing increased adoption in industrial robots as they can be programmed using standard software and hardware interfaces, which are used to control various movements on an assembly line or across different applications. The integration of these intelligent devices with programmable controllers enables real-time feedback during production processes, resulting in improved quality control and higher product output within shorter timeframes.
In terms of revenue, the palletizing robot segment is anticipated to witness a significant growth rate over the forecast period owing to its rising adoption across numerous industries worldwide for handling heavy loads efficiently while reducing human efforts by 50%. This has led towards increasing demand for industrial robots that can be utilized on large scale manufacturing facilities thus driving market growth over the coming years.
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 disposable income of consumers and rapid development of manufacturing sector in countries such as China, India, Japan and South Korea. In addition, growing automation across various industries is anticipated to drive demand for servo motors across Asia Pacific region.
The European market accounted for a significant share owing to high adoption of industrial robots by automotive manufacturers along with other metalworking machinery manufacturers such as CNC machines operators and machining centers. Moreover, Europe has been one of the major regions where many companies have installed their production facilities on account of low production costs coupled with skilled labor force availability in this region which further drives regional growth.
Growth Factors:
- Increasing demand for industrial robots in automotive and electronics industries
- Growing demand for servo motors with high precision and accuracy
- Rising adoption of servo motors in collaborative robots
- Proliferation of Industry 4.0 and the Internet of Things (IoT) across various industrial sectors
- Increasing investments in research and development (R&D) to develop advanced servo motors
Scope Of The Report
Report Attributes
Report Details
Report Title
Servo Motors for Industrial Robots Market Research Report
By Type
Less than 2KW, 2KW-5KW, More than 5KW
By Application
Welding Robot, Palletizing Robot, Spraying Robot, Assembly Robot, Others
By Companies
Yaskawa, Mitsubishi, Fanuc, Siemens, Rockwell, ABB, Rexroth (Bosch), Panasonic, Nidec, Delta, Yaskawa, Teco, Schneider, Moog, Oriental Motor, Lenze, Toshiba, Parker Hannifin, HNC, Kollmorgen, GSK, Beckhoff, Inovance
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Servo Motors for Industrial Robots Market Report Segments:
The global Servo Motors for Industrial Robots market is segmented on the basis of:
Types
Less than 2KW, 2KW-5KW, More than 5KW
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
Welding Robot, Palletizing Robot, Spraying Robot, Assembly Robot, 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:
- Yaskawa
- Mitsubishi
- Fanuc
- Siemens
- Rockwell
- ABB
- Rexroth (Bosch)
- Panasonic
- Nidec
- Delta
- Yaskawa
- Teco
- Schneider
- Moog
- Oriental Motor
- Lenze
- Toshiba
- Parker Hannifin
- HNC
- Kollmorgen
- GSK
- Beckhoff
- Inovance
Highlights of The Servo Motors for Industrial Robots 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:
- Less than 2KW
- 2KW-5KW
- More than 5KW
- By Application:
- Welding Robot
- Palletizing Robot
- Spraying Robot
- Assembly Robot
- 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 Motors for Industrial Robots 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.
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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?
Servo Motors are used in industrial robots to provide motion and control.
Some of the major players in the servo motors for industrial robots market are Yaskawa, Mitsubishi, Fanuc, Siemens, Rockwell, ABB, Rexroth (Bosch), Panasonic, Nidec, Delta, Yaskawa, Teco, Schneider, Moog, Oriental Motor, Lenze, Toshiba, Parker Hannifin, HNC, Kollmorgen, GSK, Beckhoff, Inovance.
The servo motors for industrial robots market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Servo Motors for Industrial Robots 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 Motors for Industrial Robots 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 Motors for Industrial Robots Market Size & Forecast, 2018-2028 4.5.1 Servo Motors for Industrial Robots Market Size and Y-o-Y Growth 4.5.2 Servo Motors for Industrial Robots Market Absolute $ Opportunity
Chapter 5 Global Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Type
5.2.1 Less than 2KW
5.2.2 2KW-5KW
5.2.3 More than 5KW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Applications
6.2.1 Welding Robot
6.2.2 Palletizing Robot
6.2.3 Spraying Robot
6.2.4 Assembly Robot
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Servo Motors for Industrial Robots 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 Motors for Industrial Robots 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 Motors for Industrial Robots Analysis and Forecast
9.1 Introduction
9.2 North America Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Type
9.6.1 Less than 2KW
9.6.2 2KW-5KW
9.6.3 More than 5KW
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 Motors for Industrial Robots Market Size Forecast by Applications
9.10.1 Welding Robot
9.10.2 Palletizing Robot
9.10.3 Spraying Robot
9.10.4 Assembly Robot
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 Motors for Industrial Robots Analysis and Forecast
10.1 Introduction
10.2 Europe Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Type
10.6.1 Less than 2KW
10.6.2 2KW-5KW
10.6.3 More than 5KW
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 Motors for Industrial Robots Market Size Forecast by Applications
10.10.1 Welding Robot
10.10.2 Palletizing Robot
10.10.3 Spraying Robot
10.10.4 Assembly Robot
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 Motors for Industrial Robots Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Type
11.6.1 Less than 2KW
11.6.2 2KW-5KW
11.6.3 More than 5KW
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 Motors for Industrial Robots Market Size Forecast by Applications
11.10.1 Welding Robot
11.10.2 Palletizing Robot
11.10.3 Spraying Robot
11.10.4 Assembly Robot
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 Motors for Industrial Robots Analysis and Forecast
12.1 Introduction
12.2 Latin America Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Type
12.6.1 Less than 2KW
12.6.2 2KW-5KW
12.6.3 More than 5KW
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 Motors for Industrial Robots Market Size Forecast by Applications
12.10.1 Welding Robot
12.10.2 Palletizing Robot
12.10.3 Spraying Robot
12.10.4 Assembly Robot
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 Motors for Industrial Robots Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Servo Motors for Industrial Robots 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 Motors for Industrial Robots Market Size Forecast by Type
13.6.1 Less than 2KW
13.6.2 2KW-5KW
13.6.3 More than 5KW
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 Motors for Industrial Robots Market Size Forecast by Applications
13.10.1 Welding Robot
13.10.2 Palletizing Robot
13.10.3 Spraying Robot
13.10.4 Assembly Robot
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 Motors for Industrial Robots Market: Competitive Dashboard
14.2 Global Servo Motors for Industrial Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yaskawa
14.3.2 Mitsubishi
14.3.3 Fanuc
14.3.4 Siemens
14.3.5 Rockwell
14.3.6 ABB
14.3.7 Rexroth (Bosch)
14.3.8 Panasonic
14.3.9 Nidec
14.3.10 Delta
14.3.11 Yaskawa
14.3.12 Teco
14.3.13 Schneider
14.3.14 Moog
14.3.15 Oriental Motor
14.3.16 Lenze
14.3.17 Toshiba
14.3.18 Parker Hannifin
14.3.19 HNC
14.3.20 Kollmorgen
14.3.21 GSK
14.3.22 Beckhoff
14.3.23 Inovance