AC Servo Motor Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2027)

The AC Servo Motor Market research provides an in-depth analysis of industry dynamics, the competitive landscape, segments, and geographies to assist readers have a better understanding of the market. It focuses on market fluctuations, pricing structures, uncertainties, possible hazards, and development possibilities in order to assist firms in developing effective strategies for success in the AC Servo Motor industry. It also offers participants to acquire comprehensive insights into top leading company development and industry progress in market.

The AC Servo Motor market is projected to grow from USD 13.9 billion in 2022 to USD 16.8 billion by 2027; it is expected to grow at a CAGR of 6.67% from 2022 to 2027.

Click Here to Get a Free Sample Copy (Exclusive Offer: Flat 20% Discount for A Limited Time):

https://www.marketintelligencedata.com/reports/668518/china-ac-servo-motor-market-report-forecast-2021-2027/inquiry?MODE=Ich_pk

Top leading companies in the global AC Servo Motor market includes:

Yaskawa, Mitsubishi, Fanuc, Siemens, Rockwell, ABB, Rexroth (Bosch), Panasonic, Nidec, Delta, SANYO DENKI, Teco, Schneider, Moog, Oriental Motor, Parker Hannifin, HNC, Kollmorgen, Lenze, Toshiba, Beckhoff, GSK, Inovance, LS Mecapion, Infranor, Tamagawa, LTI Motion

Major Market Developments
In March 2020, Rockwell Automation released fanless Kinetix VPC servo motors. The new servo motors offer better performance and higher energy efficiencies than the older version of VPC continuous duty servo motor, and achieve IE5 energy-efficiency ratings. The new products reduce torque ripple and find use in high-quality printing, tensioning, and other application-specific tasks.
In November 2019, Siemens launched the Simatic Micro F-TM servo drive. The new drive has a protective extra low voltage range of 24 to 48 volts, and provides dynamic and accurate positioning. The servo drive system can be used for positioning tasks, automated guided vehicle systems (AGVS), and production machines.
In November 2019, Schneider Electric launched its new smart factory facility in Bangalore, India. The new facility is aimed at reinforcing the company’s commitment to the Make in India program and facilitate energy efficiency, reduce operational costs, and sustainable development in the manufacturing sector.
In July 2019, Mitsubishi Electric announced the acquisition of Akribis System Pte Limited, a Singapore-based manufacturer of linear servo motor and linear stages. This buyout aims to strengthen the factory automation products portfolio of Mitsubishi Electric and increase its global market share.
In August 2018, Yaskawa Electric completed the acquisition, gaining 100% ownership of Yaskawa Siemens Automation & Drives Corporation, a joint venture company between Yaskawa and the automation and drives division of Siemens AG (Munich, Germany). Through the acquisition, Yaskawa aims at strengthening the current industrial drive systems product portfolio embodying the concepts of i3-mechatronics in its products.
In July 2018, Mitsubishi Electric announced its strategic partnership with Instrumentation Technology and Economy Institute (ITEI) (China) along with Mitsubishi Electric Automation (China). The partnership is aimed at promoting standard intelligent manufacturing processes throughout China as part of the Made in China 2025 program.
In April 2018, Nidec Corporation released its new Unidrive M750 servo series. The new servo drive delivers ultimate motor control flexibility and performance. It finds use in high overload, pulse duty applications while providing continuous servo control and induction motor control. The servo drive also offers a high level of compactness, making it possible for the drive to even fit within shallow 200 mm cabinets. 
In July 2017, ABB announced the completion of its acquisition of Bernecker & Rainer Industrie GmbH (B&R) (Eggelsberg, Austria), a manufacturer of automation technology for machines and factory control systems. The acquisition aimed at broadening the machine and factory automation portfolio of ABB and strengthening its position as the second-largest industrial automation player globally. 

AC Servo Motor Market segmentation:

Market segment by Type:

Less than 2KW

2KW-5KW

More than 5KW

Market segment by Application:

Machine Tools

Packaging

Textile

Electronic Equipment

Others

Market Overview:

The AC Servo Motor market is projected to grow from USD 13.9 billion in 2022 to USD 16.8 billion by 2027; it is expected to grow at a CAGR of 6.67% from 2022 to 2027. Key factors fueling the growth of this market include the growing automation in factories, rising adoption of international standards for motor efficiency, development of user-friendly motion control libraries and packages for motors and increasing production of vehicles.

Report Link Click Here:

https://www.marketintelligencedata.com/reports/668518/china-ac-servo-motor-market-report-forecast-2021-2027?MODE=Ich_pk

We will contact you within 24 hours to help find the research report and further customization you need.

APAC is projected to hold the largest share of the AC Servo Motor market in 2027.

APAC is expected to hold the largest share of the AC Servo Motor market in 2027. Massive investments in industrial automation to enhance the operations of the manufacturing industry are driving the growth of the AC Servo Motor market in the region. This has led to growing industrialization along with the rising use of robots to achieve high productivity and efficiency in industrial applications. The high demand for consumer electronics, including smartphones, home appliances, smart home devices, and wearable devices, has resulted in the adoption of flexible flow line manufacturing processes, including the use of robot arms, which is expected to further drive the demand for servo motors  in the region.

Investigator Observers Strong Growth in Specific Regions:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa).

Some key questions answered in the AC Servo Motor market report:

– What is the AC Servo Motor market growth, sales, production, consumption, import and export, trends, latest developments, etc. of each region/country?

– Which key regions or AC Servo Motor market segments will drive market development in the near future?

– The short-term and long-term factors affecting the industry due to COVID-19.

– Historical, current and future market development, growth and market size during the forecast period.

– The detailed qualitative analysis and quantitative insights provided in the report contribute to future growth.

– Comprehensive mapping of key players and the latest strategies adopted by industry players, Manufacturer behaviours analysis.

Purchase the full report:

https://www.marketintelligencedata.com/report/purchase/668518?mode=su?MODE=Ich_pk

Important functions under the reported products and main highlights:

– Detailed overview of the AC Servo Motor Market

– Changes in industry market dynamics

– History, current and projected market size in terms of volume and value

– Detailed AC Servo Motor market segmentation by type, application, etc.

– Recent industry trends and developments

– Competition Situation The high-frequency inductor market

– key company and product strategies

– shows promising growth potential and niche segments/regions

The research includes historical data from 2016 to 2022 and forecasts to 2027, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.

Finally, the AC Servo Motor Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. AC Servo Motor industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We offer customization on Wireless Mobile Projector market reports based on specific client requirements:

1: Market Report in PDF and Excel format.

2: Access to 20% free customization.

3: Access to our analyst’s facts for the following 1 year.

Please contact our sales experts ( sales@marketintelligencedata.com) and we will ensure that you get a report that suits your needs.

About Us:

Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

This release was published on openPR.