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Global Servo Drives Market Research Report 2021
SKU ID : QYR-17253889 | Publishing Date : 25-Jan-2021 | No. of pages : 139
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A servo drive is a special electronic amplifier used to power electric servomechanisms. A servo drive monitors the feedback signal from the servomechanism and continually adjusts for deviation from expected behavior.
As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and requires of productivity’s development. in the international market, the current demand for Servo Drives product is relatively high in the mature market, such as Europe and North America, but the demand in China is relatively higher due to the downstream demand.
Servo Drives are mainly produced by Yasukawa, Panasonic, ABB, Mitsubshi, Siemens, Rexroth (Bosch), Lenze, and these companies occupied about 33.4% market share in 2014.
Market Analysis and Insights: Global Servo Drives Market
The global Servo Drives market was valued at US$ 9330 million in 2019 and it is expected to reach US$ 13450 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.
Global Servo Drives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Servo Drives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
<1KW
1KW~5KW
>5KW
Segment by Application
Small Equipment
Medium Machinery
Large Machinery
By Company
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
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and requires of productivity’s development. in the international market, the current demand for Servo Drives product is relatively high in the mature market, such as Europe and North America, but the demand in China is relatively higher due to the downstream demand.
Servo Drives are mainly produced by Yasukawa, Panasonic, ABB, Mitsubshi, Siemens, Rexroth (Bosch), Lenze, and these companies occupied about 33.4% market share in 2014.
Market Analysis and Insights: Global Servo Drives Market
The global Servo Drives market was valued at US$ 9330 million in 2019 and it is expected to reach US$ 13450 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.
Global Servo Drives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Servo Drives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
<1KW
1KW~5KW
>5KW
Segment by Application
Small Equipment
Medium Machinery
Large Machinery
By Company
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
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
