Servo Motor & Drives Market: 2013 - 2018

Implementation of automation tools in application industries have resulted in reducing operations time and cost-saving in manufacturing and inventory process. Due to the advancement in technology, the servo system has increased its scope with the integration of hardware and software. Technological advancements in the servo systems market have spurred the end users' interest and witnessed a positive growth rate during the last few years. Due to the increased features and functionality in application market, servo motors and drives are now being used in areas where it was previously confined. Growth in the servo motors and drives market is driven by various applications such as packaging machines, semiconductors, food processing, machine tools. However, markets such as healthcare, robotics, and others are showing strong opportunities in this market.
China, Japan, Germany, and the U.S. are the major countries to contribute and altogether, commanded more than 40% of the overall servo motors and drives market revenues in 2012. The report analyzes the global market and presents detailed insights of the market by types of servo motors and drives, voltage, component, application, and geography. Servo motors is mainly segmented into AC motors, DC brushless, DC Brushed, Linear servo motors; similarly, servo drives are categorized into AC servo drives, DC servo drives, adjustable speed drives and others.
The key players in this market include Yaskawa Electric Corporation (Japan), Mitsubishi Electric Corporation (Japan), Siemens AG (German), Danaher Corporation (U.S.), ABB (Switzerland), FANUC FA (Europe), Galil Motion Control (U.S.), General Electric (U.S.), and Bosch Rexroth (Germany) among others.
This report is segmented by applications into automotive & transportation, healthcare, packaging, semiconductors & electronics, material handling, machine tools, food processing, textile machines and others. The market is segmented into four regions such as Americas, Europe, Asia Pacific and Rest of the World. Furthermore the market is segmented by major countries in these regions. The study describes the dynamics of the servo motors and drives market, which comprises of drivers and restraints along with their impact analysis matrix. The impact analysis matrix depicts the impact of particular drivers and restraints on the market at present and their future impact on the market. This report also touches on the huge opportunities that come with changing technologies.