Summary

Executive Summary

The Global Servo Motors and Drives Market was valued at USD 10.32 billion in the year 2020. The global Servo Motors and Drives market has been witnessing lucrative growth due to 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 drives, and increasing production of vehicles.

The major factors driving the market for Servo Motors and Drives is the replacement of outdated low efficient electric motors with highly efficient servo drives and motors. In addition, the strict energy consumption regulations and environment protection acts as the key factors that are driving the servo drives and motors market globally. The increasing demand for energy efficient motors causes the shift from standard energy efficient electric motors to premium energy efficiency motors. This shift in trend is directly contributing to revenue growth of servo drives and motors manufacturers.

APAC region occupied the largest share in global Servo Motors and Drives market. Asia Pacific is projected to have fastest growth, owing to rapidly increasing automobile industry, rise in industrial sector, and growing investment in the manufacturing industry in developing nations such as China, and India in this region. Among all the applications, automotive industry has the highest market share in Asia Pacific servo motors and drives market due to spur in automotive industry, innovation, and technical advancement in automotive industry.

The COVID-19 pandemic is restricting the supply of Servo Motors and Drives and other control components due to severe disruptions in the global supply chain. The rising concerns regarding the spread of the virus have negatively impacted all the supply chains and manufacturing industries across the globe. This has led to strict regulations implied by governments to control the spread of the virus and assure the safety of people. The outbreak of the disease has altered the demand of the drives as the use of the motors and the demand for additional motors across sectors, such as oil & gas, mining, automobile, food processing, petrochemicals, and others, has declined.

Scope of the Report

• The report presents the analysis of Servo Motors & Drives market for the historical period of 2016-2020 and the forecast period of 2021-2026.

• The report analyses the Servo Motors & Drives Market by Product Type (Servo Motors, Servo drives).

• The report analyses the Servo Motors & Drives Market by Voltage Range (ow Voltage, Medium Voltage, High Voltage).

• The report analyses the Servo Motors & Drives Market by End User (Industrial Machinery & Equipment, Semiconductor & Electronics, Automotive, Printing & Packaging Equipment, Healthcare, Others).

• The Servo Motors & Drives Market has been analysed By Region (Americas, Europe, Asia Pacific, MEA) and By Country (United States, Canada, Brazil, Germany, France, Italy, China, Japan, India, South Korea).

• Also, the attractiveness of the market has been presented by region, Product type, Voltage Range, End User.

• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Shenzhen Inovance Tech, Yaskawa Electric Corporation, Mitsubishi Electric, Fuji Electric Co., Rockwell Automation, Delta Electronics, Emerson, Robert Bosch, Siemens AG, ABB Ltd.

Key Target Audience

• Servo Motors and Drives Manufacturers

• Consulting and Advisory Firms

• Government and Policy Makers

• Regulatory Authorities

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Table of Contents

1. Report Scope and Methodology

1.1 Scope of the Report

1.2 Research Methodology

1.3 Executive Summary

2. Strategic Recommendations

3. Servo Motors & Drives Market: Product Overview

4. Global Servo Motors & Drives Market: An Analysis

4.1 Market Size, By Value, Year 2016-2026

4.2 Impact of COVID-19 on Servo Motors & Drives Market

4.3 Global Servo Motors & Drives Market: Growth & Forecast

5. Global Servo Motors & Drives Market Segmentation, By Product Type (Value)

5.1 Global Servo Motors & Drives Market: Segment Analysis

5.2 Competitive Scenario of Servo Motors & Drives Market: By Product Type (2020 & 2026)

5.3 By Servo Motors - Market Size and Forecast (2016-2026)

5.4 By Servo Drives - Market Size and Forecast (2016-2026)

6. Global Servo Motors & Drives Market Segmentation, By Voltage Range (Value)

6.1 Global Servo Motors & Drives Market: Segment Analysis

6.2 Competitive Scenario of Servo Motors & Drives Market: By Voltage Range (2020 & 2026)

6.3 By Low Voltage - Market Size and Forecast (2016-2026)

6.4 By Medium Voltage - Market Size and Forecast (2016-2026)

6.5 By High Voltage - Market Size and Forecast (2016-2026)

7. Global Servo Motors & Drives Market Segmentation, By End User (Value)

7.1 Global Servo Motors & Drives Market: Segment Analysis

7.2 Competitive Scenario of Servo Motors & Drives Market: By End User (2020 & 2026)

7.3 By Industrial Machinery & Equipment - Market Size and Forecast (2016-2026)

7.4 By Semiconductor & Electronics - Market Size and Forecast (2016-2026)

7.5 By Automotive - Market Size and Forecast (2016-2026)

7.6 By Printing & Packaging Equipment - Market Size and Forecast (2016-2026)

7.7 By Healthcare - Market Size and Forecast (2016-2026)

7.8 By Others - Market Size and Forecast (2016-2026)

8. Global Servo Motors & Drives Market: Regional Analysis

8.1 Competitive Scenario of Global Servo Motors & Drives Market: By Region (2020 & 2026)

9. Americas Servo Motors & Drives Market: An Analysis (2016-2026)

9.1 Americas Servo Motors & Drives Market by value: Size and Forecast (2016-2026)

9.2 Americas Servo Motors & Drives Market: Prominent Companies

9.3 Market Segmentation By Product Type (Servo Motors, servo Drives)

9.4 Market Segmentation By Voltage Range (Low Voltage, Medium Voltage, High Voltage)

9.5 Market Segmentation By End User (Industrial Machinery & Equipment, Semiconductor & Electronics, Automotive, Printing & Packaging Equipment, Healthcare, Others )

9.6 Americas Servo Motors & Drives Market: Segmental Analysis

9.7 Americas Servo Motors & Drives Market: Country Analysis

9.8 Market Opportunity Chart of Americas Servo Motors & Drives Market - By Country, By Value (Year-2026)

9.9 Competitive Scenario of Americas Servo Motors & Drives Market - By Country (2020 & 2026)

9.10 United States Servo Motors & Drives Market: Size and Forecast (2016-2026)

9.11 United States Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

9.12 United States Servo Motors & Drives Market: Growth & Forecast

9.13 Canada Servo Motors & Drives Market: Size and Forecast (2016-2026)

9.14 Canada Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

9.15 Canada States Servo Motors & Drives Market: Growth & Forecast

9.16 Brazil Servo Motors & Drives Market: Size and Forecast (2016-2026)

9.17 Brazil Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

9.18 Brazil States Servo Motors & Drives Market: Growth & Forecast

10. Europe Servo Motors & Drives Market: An Analysis (2016-2026)

10.1 Europe Servo Motors & Drives Market by value: Size and Forecast (2016-2026)

10.2 Europe Servo Motors & Drives Market: Prominent Companies

10.3 Market Segmentation By Product Type (Servo Motors, servo Drives)

10.4 Market Segmentation By Voltage Range (Low Voltage, Medium Voltage, High Voltage)

10.5 Market Segmentation By End User (Industrial Machinery & Equipment, Semiconductor & Electronics, Automotive, Printing & Packaging Equipment, Healthcare, Others )

10.6 Europe Servo Motors & Drives Market: Segmental Analysis

10.7 Europe Servo Motors & Drives Market: Country Analysis

10.8 Market Opportunity Chart of Europe Servo Motors & Drives Market - By Country, By Value (Year-2026)

10.9 Competitive Scenario of Europe Servo Motors & Drives Market - By Country (2020 & 2026)

10.10 Germany Servo Motors & Drives Market: Size and Forecast (2016-2026)

10.11 Germany Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

10.12 Germany Servo Motors & Drives Market: Growth & Forecast

10.13 France Servo Motors & Drives Market: Size and Forecast (2016-2026)

10.14 France Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

10.15 France States Servo Motors & Drives Market: Growth & Forecast

10.16 Italy Servo Motors & Drives Market: Size and Forecast (2016-2026)

10.17 Italy Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

10.18 Italy States Servo Motors & Drives Market: Growth & Forecast

11. Asia Pacific Servo Motors & Drives Market: An Analysis (2016-2026)

11.1 Asia Pacific Servo Motors & Drives Market by value: Size and Forecast (2016-2026)

11.2 Asia Pacific Servo Motors & Drives Market: Prominent Companies

11.3 Market Segmentation By Product Type (Servo Motors, servo Drives)

11.4 Market Segmentation By Voltage Range (Low Voltage, Medium Voltage, High Voltage)

11.5 Market Segmentation By End User (Industrial Machinery & Equipment, Semiconductor & Electronics, Automotive, Printing & Packaging Equipment, Healthcare, Others )

11.6 Asia Pacific Servo Motors & Drives Market: Segmental Analysis

11.7 Asia Pacific Servo Motors & Drives Market: Country Analysis

11.8 Market Opportunity Chart of Asia Pacific Servo Motors & Drives Market - By Country, By Value (Year-2026)

11.9 Competitive Scenario of Asia Pacific Servo Motors & Drives Market - By Country (2020 & 2026)

11.10 China Servo Motors & Drives Market: Size and Forecast (2016-2026)

11.11 China Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

11.12 China Servo Motors & Drives Market: Growth & Forecast

11.13 Japan Servo Motors & Drives Market: Size and Forecast (2016-2026)

11.14 Japan Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

11.15 japan States Servo Motors & Drives Market: Growth & Forecast

11.16 India States Servo Motors & Drives Market: Growth & Forecast

11.17 India Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

11.18 India States Servo Motors & Drives Market: Growth & Forecast

11.19 South Korea Servo Motors & Drives Market: Size and Forecast (2016-2026)

11.20 South Korea Servo Motors & Drives Segmentation By Product Type, Voltage Range, End User (2016-2026)

11.21 South Korea States Servo Motors & Drives Market: Growth & Forecast

12. Global Servo Motors & Drives Market Dynamics

12.1 Global Servo Motors & Drives Market Drivers

12.2 Global Servo Motors & Drives Market Restraints

12.3 Global Servo Motors & Drives Market Trends

13. Market Attractiveness and Strategic Analysis

13.1 Market Attractiveness Chart of Global Servo Motors & Drives Market - By Product Type (Year 2026)

13.2 Market Attractiveness Chart of Global Servo Motors & Drives Market - By Voltage Range (Year 2026)

13.3 Market Attractiveness Chart of Global Servo Motors & Drives Market - By End User (Year 2026)

13.4 Market Attractiveness Chart of Global Servo Motors & Drives Market - By Region (Year 2026)

14. Competitive Landscape

14.1 Major Technological Innovations and Mergers & Acquisitions

14.2 Market Share Analysis

15. Company Profiles (Business Description, Financial Analysis, Business Strategy)

15.1 Shenzhen Inovance Technology

15.2 Yaskawa Electric Corporation

15.3 Mitsubishi Electric

15.4 Fuji Electric Co.

15.5 Rockwell Automation

15.6 Delta Electronics

15.7 Emerson

15.8 Robert Bosch

15.9 Siemens AG

15.10 ABB Ltd.