Press release
Servo Motors Drives Market to represent a significant expansion at 6.0% CAGR by 2029
Servo Motors and Drives Market
Servo Motors and Drives Market Report: Introduction
Servo motors drives are an essential component in modern automation systems, controlling the position and speed of servo motors in various applications. The market for servo motors drives has grown significantly over the years due to the increasing demand for energy-efficient and precise control systems in various industries such as automation, robotics, aerospace, and defense. The use of servo motors drives in different applications, including packaging, printing, woodworking, and metalworking, has driven the growth of the market.
The report offers incisive dynamics about the various aspects and nuances of the servo motors and drives market to aid the market players and enthusiast form rewarding strategies. PMR's report also sheds light on the considerable changes that are highly likely to impact the dynamics of servo motors and drives market during the projection period. It covers a key indicator assessment to identify the development prospects of the servo motors and drives market and projection statistics related to the growth of the market in terms of volume (000 units) and value (US$ Mn).
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The report also includes a detailed taxonomy of the servo motors and drives market and riveting insights related to the market structure. The study covers company profiles of the notable market players that continue to lead the market growth with their unique strategies and approaches. A wide range of development and unique strategies being leverage by the established players and the market entrants have been mentioned in a comprehensive manner.
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Research Methodology - Servo Motors and Drives Market
The research methodology adopted by the PMR analysts is based on a comprehensive primary as well as secondary research. By gauging the market-related trends, determinants, and information obtained by relevant sources, analysts have mentioned riveting insights and accurate forecast of the servo motors and drives market.
While performing primary research, PMR analysts conducted interviews with the leading market players to collect pertinent information about how the servo motors and drives market has changed over the years, and how they are coping with it. As a part of the secondary research phase, the analysts gauged company annual reports_bk_01_01_2020 as well as investor presentations. They also collected relevant information from the websites and the media releases of the leading companies operating in the servo motors and drives market. The analysts also assessed articles/reports_bk_01_01_2020 carried by validated sources of information to attain a better understanding of the servo motors and drives market.
Key Companies:
• Siemens AG
• Altra Industrial Motion Corp
• Panasonic Corporation
• Nidec Motor Corporation
• Parker Hannifin Corporation
• Delta Electronics Inc
• Fuji Electric Co
• Hitachi Ltd
• Rozum Robotics Inc
• Mitsubishi Electric Corporation
• Schneider Electric
• FANUC CORPORATION
• Rockwell Automation, Inc
• ABB
• Applied Motion Products
• Baumüller
• Nippon Pulse America, Inc
• YASKAWA ELECTRIC CORPORATION
Segmentation
By Product Type
• Linear Servo Motor
• Rotary Servo Motor
• Positional Rotation Type
• Continuous Rotation Type
By Technology
• Single Axis Servo System
• Pulse Duty Servo Drive
• Continuous Duty Servo Drives
• Multi Axis Servo System
By Application
• Remotely Controlled Toys
• Robotics
• Electronic Devices
• Medical Devices
• Printing and Packaging Equipment
• CNC Machines
• Other Industrial Machinery and Equipment
By Motor Configuration
• AC Servo Motors
• Induction Type
• Synchronous Type
• DC Servo Motors
• Brushless DC Motors
• Separately Excited DC Motors
• Permanent Magnet DC Motor
By Rated Power Capacity
• 400-750 W
• 750-1 KW
• 1-5 KW
• 5-15 KW
• 15-50 KW
• 50-100 KW
By Region
• North America
• Latin America
• Europe
• East Asia
• South Asia and Pacific
• Middle East and Africa
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Related Reports -
Frameless Brushless DC Motors Market: https://www.persistencemarketresearch.com/market-research/frameless-brushless-dc-motors-market.asp
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Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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