Press release
Servo Motor market was valued at 7230 Million US$ in 2018 and is projected to reach 9750 Million US$ by 2025 by Valuates Reports
The Servo Motor market was valued at 7230 Million US$ in 2018 and is projected to reach 9750 Million US$ by 2025, at a CAGR of 3.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Servo Motor.
View full Report: https://reports.valuates.com/sreport/QYRE-Auto-19L270/Global_Servo_Motor_Market_Insights_Forecast_to_2025
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the servo motor market to approach these areas. QYR analysis of the servo motor market indicated that China would account for the highest sales in 2023 with close to 26 percent of global sales value coming from this region, and other regions such as Southeast Asia has the highest growth rate. Vendors recognize the importance of this region, are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of servo motor is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of servo motor and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
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The following manufacturers are covered in this report:
Yaskawa
Mitsubishi
Fanuc
Siemens
Rockwell
ABB
Rexroth (Bosch)
Panasonic
Nidec
Delta
SANYO DENKI
Teco
Schneider
Moog
Oriental Motor
Lenze
Toshiba
Parker Hannifin
HNC
Kollmorgen
GSK
Beckhoff
Inovance
LS Mecapion
Infranor
Tamagawa
LTI Motion
Servo Motor Breakdown Data by Type
Less than 2KW
2KW-5KW
More than 5KW
Servo Motor Breakdown Data by Application
Machine Tools
Packaging Applications
Textile
Electronics Equipment
Others
Servo Motor Production by Region
United States
Europe
China
Japan
Other Regions
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Valuates Reports
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Source: Valuates Reports
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