Market Overview:
The global servo motor drivers 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 servo motors in various applications, such as AC servo motors and DC servo motors. In addition, the growing demand for tuning free and short range servo motor drivers is also contributing to the growth of this market. On the other hand, short rangemotordrivers are used for applications that require low-power drives with limited ranges up to several hundred Hertz or less than one revolution per minute (rpm).
Product Definition:
Servo motor drivers are used to control the speed and direction of a servo motor. They are important because they allow the user to precisely control the motion of the servo motor.
Tuning Free Servo Motor Drivers:
Tuning free servo motor drivers are used to convert the ac signal into the digital format and back to get a pulse-width modulation (PWM) output. The main function of these drivers is to change the frequency according to load and speed of movement. These types of driver have no mechanical linkages, so there is no torque applied when it's in motion; instead, it follows an accurate circular path with constant torque.
Short Range Servo Motor Drivers:
Short range servo motor drivers are used to convert the digital pulse width modulation signal into the mechanical motion of servo motors. These drivers are available in different forms such as integrated circuits, chips, and PCBs. Servo motors have gained popularity due to their application in automotive manufacturing industries for various operations such as positioning of parts on a production line and assembly of automobiles.
Application Insights:
Based on application, the global servo motor drivers market has been segmented into air conditioner, dehumidifier, DC and AC motors. The air conditioner segment dominated the overall market in terms of revenue share in 2017. This is attributed to a high demand for HVAC systems in developed economies such as U.S., Canada and Germany among other European countries due to rising temperatures during summertime. In addition, growing urbanization along with climate change is expected to increase the demand for HVAC systems over the forecast period which will further propel product demand globally over next eight years or so.
The dehumidifier segment is anticipated to grow at a significant rate over the forecast period owing to increasing consumer awareness regarding moisture-related issues coupled with an increased focus on energy efficiency across end-use industries globally including building & construction.
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 industrial automation across various applications such as packaging, automotive, textile machinery, and others. Moreover, rising investments by governments in developing countries are anticipated to boost product adoption across several industries.
The European market is also anticipated to witness considerable growth over the next eight years owing to growing adoption from end-use industries such as electrical & electronics and automotive among others which require high precision motor drives for their operations at different speeds with accuracy under different load conditions etc.
Growth Factors:
- Increasing demand for servo motor drivers in the automotive industry for advanced safety features and fuel efficiency.
- Growing demand from the industrial sector for servo motor drivers to improve process automation and machine performance.
- Rising popularity of electric vehicles, which require high-performance servo motor drives to meet power requirements.
- Proliferation of smart factories, which need efficient servo motor drives to enable faster production cycles and better quality control.
Scope Of The Report
Report Attributes
Report Details
Report Title
Servo Motor Drivers Market Research Report
By Type
Tuning Free Servo Motor Drivers, Short Range Servo Motor Drivers
By Application
AC Servo Motor, DC Servo Motor
By Companies
MOONS' Industries, Sipro srl, Oriental Motor, ECO Electro Devices Co., Ltd., TAMAGAWA SEIKI CO.,LTD., Infineon Technologies, HIWIN Corporation, Panasonic, Ingenia Motion Control, Parker, Control Techniques, Delta Group, Schneider Electric, SMC
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Servo Motor Drivers Market Report Segments:
The global Servo Motor Drivers market is segmented on the basis of:
Types
Tuning Free Servo Motor Drivers, Short Range Servo Motor Drivers
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
AC Servo Motor, DC Servo Motor
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:
- MOONS' Industries
- Sipro srl
- Oriental Motor
- ECO Electro Devices Co., Ltd.
- TAMAGAWA SEIKI CO.,LTD.
- Infineon Technologies
- HIWIN Corporation
- Panasonic
- Ingenia Motion Control
- Parker
- Control Techniques
- Delta Group
- Schneider Electric
- SMC
Highlights of The Servo Motor Drivers 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:
- Tuning Free Servo Motor Drivers
- Short Range Servo Motor Drivers
- By Application:
- AC Servo Motor
- DC Servo Motor
- 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 Drivers 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 drivers are electronic devices that convert the digital signals from a servo controller into rotational motion for a servo motor.
Some of the major players in the servo motor drivers market are MOONS' Industries, Sipro srl, Oriental Motor, ECO Electro Devices Co., Ltd., TAMAGAWA SEIKI CO.,LTD., Infineon Technologies, HIWIN Corporation, Panasonic, Ingenia Motion Control, Parker, Control Techniques, Delta Group, Schneider Electric, SMC.
The servo motor drivers market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Servo Motor Drivers 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 Motor Drivers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Servo Motor Drivers Market - Supply Chain
4.5. Global Servo Motor Drivers Market Forecast
4.5.1. Servo Motor Drivers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Servo Motor Drivers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Servo Motor Drivers Market Absolute $ Opportunity
5. Global Servo Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Type
5.3.1. Tuning Free Servo Motor Drivers
5.3.2. Short Range Servo Motor Drivers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Servo Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Application
6.3.1. AC Servo Motor
6.3.2. DC Servo Motor
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Servo Motor Drivers 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 Motor Drivers 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 Motor Drivers 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 Motor Drivers 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 Motor Drivers Demand Share Forecast, 2019-2029
9. North America Servo Motor Drivers 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 Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Application
9.4.1. AC Servo Motor
9.4.2. DC Servo Motor
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Servo Motor Drivers Market Size and Volume Forecast by Type
9.7.1. Tuning Free Servo Motor Drivers
9.7.2. Short Range Servo Motor Drivers
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 Motor Drivers Demand Share Forecast, 2019-2029
10. Latin America Servo Motor Drivers 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 Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Application
10.4.1. AC Servo Motor
10.4.2. DC Servo Motor
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Servo Motor Drivers Market Size and Volume Forecast by Type
10.7.1. Tuning Free Servo Motor Drivers
10.7.2. Short Range Servo Motor Drivers
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 Motor Drivers Demand Share Forecast, 2019-2029
11. Europe Servo Motor Drivers 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 Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Application
11.4.1. AC Servo Motor
11.4.2. DC Servo Motor
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Servo Motor Drivers Market Size and Volume Forecast by Type
11.7.1. Tuning Free Servo Motor Drivers
11.7.2. Short Range Servo Motor Drivers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Grwth 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 Motor Drivers Demand Share, 2019-2029
12. Asia Pacific Servo Motor Drivers 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 Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Application
12.4.1. AC Servo Motor
12.4.2. DC Servo Motor
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Servo Motor Drivers Market Size and Volume Forecast by Type
12.7.1. Tuning Free Servo Motor Drivers
12.7.2. Short Range Servo Motor Drivers
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 Motor Drivers Demand Share, 2019-2029
13. Middle East & Africa Servo Motor Drivers 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 Motor Drivers 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 Motor Drivers Market Size and Volume Forecast by Application
13.4.1. AC Servo Motor
13.4.2. DC Servo Motor
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Servo Motor Drivers Market Size and Volume Forecast by Type
13.7.1. Tuning Free Servo Motor Drivers
13.7.2. Short Range Servo Motor Drivers
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 Motor Drivers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Servo Motor Drivers Market: Market Share Analysis
14.2. Servo Motor Drivers Distributors and Customers
14.3. Servo Motor Drivers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MOONS' Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sipro srl
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Oriental Motor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ECO Electro Devices Co., Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TAMAGAWA SEIKI CO.,LTD.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Infineon Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HIWIN Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panasonic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ingenia Motion Control
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Parker
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Control Techniques
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Delta Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Schneider Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SMC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
