The global servo drives market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for automation in various industries and increasing adoption of servo drives in various applications.
The global servo drives market is segmented on the basis of type, application, and region. On the basis of type, it can be classified into <1KW, 1K5KW and >5KW. On the basis of application, it can be classified into small equipment (e.g., machine tools), medium machinery (e.g., pumps) and large machinery (e.g., turbines). On the basis of region, it can be classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific & Middle East & Africa (APMEA) and Japan & Korea(JP&KR).
-The Servo Drives market is expected to grow at a CAGR of 3.5% from 2017 to 2022.
-The Servo Drives market is driven by the increasing demand for automation in various industries such as automotive, aerospace, and industrial machinery.
-The Servo Drives market is also driven by the increasing demand for high precision and accuracy in various industries such as automotive, aerospace, and industrial machinery.
Industry Growth Insights published a new data on “Servo Drives Market”. The research report is titled “Servo Drives Market research by Types (<1KW, 1KW-5KW, >5KW), By Applications (Small Equipment, Medium Machinery, Large Machinery), By Players/Companies Panasonic, Yasukawa, ABB, Fanuc, Mitsubshi, Yokogawa, Okuma, Omron, Siemens, Hitachi, Fuji, Toshiba, Lenze, Shinano Kenshi, Toyo, Rexroth (Bosch), NEC, Sanyo Denki, Keyence, Tamagawa, Rockwell, Schneider, NSK, Emerson, Danaher Motion, Delta, Parker Hannifin, TECO, Inovance Technology, Oriental Motal, Shinko, Estun, HNC, Servotronix, CTB, GSK CNC, LS Mecapion, Higen, INVT, Nikki Denso”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Servo Drives Market Research Report
By Type
<1KW, 1KW-5KW, >5KW
By Application
Small Equipment, Medium Machinery, Large Machinery
By Companies
Panasonic, Yasukawa, ABB, Fanuc, Mitsubshi, Yokogawa, Okuma, Omron, Siemens, Hitachi, Fuji, Toshiba, Lenze, Shinano Kenshi, Toyo, Rexroth (Bosch), NEC, Sanyo Denki, Keyence, Tamagawa, Rockwell, Schneider, NSK, Emerson, Danaher Motion, Delta, Parker Hannifin, TECO, Inovance Technology, Oriental Motal, Shinko, Estun, HNC, Servotronix, CTB, GSK CNC, LS Mecapion, Higen, INVT, Nikki Denso
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Servo Drives Market Report Segments:
The global Servo Drives market is segmented on the basis of:
Types
<1KW, 1KW-5KW, >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
Small Equipment, Medium Machinery, Large Machinery
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:
- Panasonic
- Yasukawa
- ABB
- Fanuc
- Mitsubshi
- Yokogawa
- Okuma
- Omron
- Siemens
- Hitachi
- Fuji
- Toshiba
- Lenze
- Shinano Kenshi
- Toyo
- Rexroth (Bosch)
- NEC
- Sanyo Denki
- Keyence
- Tamagawa
- Rockwell
- Schneider
- NSK
- Emerson
- Danaher Motion
- Delta
- Parker Hannifin
- TECO
- Inovance Technology
- Oriental Motal
- Shinko
- Estun
- HNC
- Servotronix
- CTB
- GSK CNC
- LS Mecapion
- Higen
- INVT
- Nikki Denso
Highlights of The Servo Drives 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:
- <1KW
- 1KW-5KW
- >5KW
- By Application:
- Small Equipment
- Medium Machinery
- Large Machinery
- 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 Drives 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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- Correctly Positioning New Products
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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 Drives are a type of electric motor that uses servomotors to create movement. They are often used in robotics and other applications where precise movements are required, such as in industrial robots.
Some of the key players operating in the servo drives market are Panasonic, Yasukawa, ABB, Fanuc, Mitsubshi, Yokogawa, Okuma, Omron, Siemens, Hitachi, Fuji, Toshiba, Lenze, Shinano Kenshi, Toyo, Rexroth (Bosch), NEC, Sanyo Denki, Keyence, Tamagawa, Rockwell, Schneider, NSK, Emerson, Danaher Motion, Delta, Parker Hannifin, TECO, Inovance Technology, Oriental Motal, Shinko, Estun, HNC, Servotronix, CTB, GSK CNC, LS Mecapion, Higen, INVT, Nikki Denso.
The servo drives market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Servo Drives 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. Servo Drives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Servo Drives Market - Supply Chain
4.5. Global Servo Drives Market Forecast
4.5.1. Servo Drives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Servo Drives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Servo Drives Market Absolute $ Opportunity
5. Global Servo Drives 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. Servo Drives Market Size and Volume Forecast by Type
5.3.1. <1KW
5.3.2. 1KW-5KW
5.3.3. >5KW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Servo Drives 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. Servo Drives Market Size and Volume Forecast by Application
6.3.1. Small Equipment
6.3.2. Medium Machinery
6.3.3. Large Machinery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Servo Drives 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. Servo Drives 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 Servo Drives 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. Servo Drives 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 Servo Drives Demand Share Forecast, 2019-2026
9. North America Servo Drives 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 Servo Drives 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 Servo Drives Market Size and Volume Forecast by Application
9.4.1. Small Equipment
9.4.2. Medium Machinery
9.4.3. Large Machinery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Servo Drives Market Size and Volume Forecast by Type
9.7.1. <1KW
9.7.2. 1KW-5KW
9.7.3. >5KW
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 Servo Drives Demand Share Forecast, 2019-2026
10. Latin America Servo Drives 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 Servo Drives 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 Servo Drives Market Size and Volume Forecast by Application
10.4.1. Small Equipment
10.4.2. Medium Machinery
10.4.3. Large Machinery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Servo Drives Market Size and Volume Forecast by Type
10.7.1. <1KW
10.7.2. 1KW-5KW
10.7.3. >5KW
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 Servo Drives Demand Share Forecast, 2019-2026
11. Europe Servo Drives 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 Servo Drives 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 Servo Drives Market Size and Volume Forecast by Application
11.4.1. Small Equipment
11.4.2. Medium Machinery
11.4.3. Large Machinery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Servo Drives Market Size and Volume Forecast by Type
11.7.1. <1KW
11.7.2. 1KW-5KW
11.7.3. >5KW
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 Servo Drives Demand Share, 2019-2026
12. Asia Pacific Servo Drives 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 Servo Drives 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 Servo Drives Market Size and Volume Forecast by Application
12.4.1. Small Equipment
12.4.2. Medium Machinery
12.4.3. Large Machinery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Servo Drives Market Size and Volume Forecast by Type
12.7.1. <1KW
12.7.2. 1KW-5KW
12.7.3. >5KW
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 Servo Drives Demand Share, 2019-2026
13. Middle East & Africa Servo Drives 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 Servo Drives 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 Servo Drives Market Size and Volume Forecast by Application
13.4.1. Small Equipment
13.4.2. Medium Machinery
13.4.3. Large Machinery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Servo Drives Market Size and Volume Forecast by Type
13.7.1. <1KW
13.7.2. 1KW-5KW
13.7.3. >5KW
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 Servo Drives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Servo Drives Market: Market Share Analysis
14.2. Servo Drives Distributors and Customers
14.3. Servo Drives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yasukawa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fanuc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubshi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yokogawa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Okuma
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Omron
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Siemens
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hitachi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fuji
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Toshiba
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lenze
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shinano Kenshi
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Toyo
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Rexroth (Bosch)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NEC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Sanyo Denki
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Keyence
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Tamagawa
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
