Los Angeles, CA -- (SBWire) -- 02/15/2019 --A Servo Motor is a rotary actuator that allows for precise control of angular position. Servo motors are utilized in industrial machine tools, CNC manufacturing machines and processes, and packaging applications. Electronic Equipment utilize servo motors because of their smooth commutation and accurate positioning. The aerospace industry makes use of servo motors in their hydraulic systems to contain system hydraulic fluid.
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.
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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.
The global Servo Motor market is valued at 7230 million US$ in 2018 is expected to reach 9750 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2019-2025.
This report focuses on Servo Motor volume and value at global level, regional level and company level. From a global perspective, this report represents overall Servo Motor market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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
Segment by Type
Less than 2KW, 2KW-5KW, More than 5KW
Segment by Application
Machine Tools, Packaging Applications, Textile, Electronics Equipment, Others
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Global Servo Motor Market Is Anticipated to Reach US$ 9750 Mn by 2025
Servo Motor Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.