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Servo Motor & Drives Market Worth 17.2 Million Units by 2018
DALLAS, June 25, 2013 /PRNewswire/ --
According to a new market research report "Servo Motors & Drives Market: By Type (AC
Servo Motors/Drives, DC Servo Motors/Drives, Brushless Servo Motors), Voltage Range (Low
Voltage, Medium Voltage), Components (Sensors, Controller Modules, Encoders, Amplifiers) &
Application (2013 - 2018)", published by MarketsandMarkets, the total market is expected
to reach total shipments of 17.2 million units by 2018, growing at an estimated CAGR of 6%
from 2013 to 2018.
Browse
- 102 Market Data Tables
- 27 Figures
- 271 Pages and an in-depth Table of Contents on "Servo Motor & Drives Market"
http://www.marketsandmarkets.com/Market-Reports/servo-motors-and-drives-market-1127.html
Early buyers will receive 10% customization on this report.
Implementation of automation tools in application industries have resulted in reducing
operations time, and saving the cost incurred 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 servo systems have
spurred the end users' interest and witnessed a positive growth rate during the last few
years. Due to the increased features and functionalities in the application market, servo
motors and drives are now being used in areas where they were confined.
Growth in the Servo Motors Market
[http://www.marketsandmarkets.com/Market-Reports/servo-motors-and-drives-market-1127.html ]
is driven by various Applications such as Packaging Machines, Semiconductors, Food
Processing, and Machine Tools; however, the markets such as Healthcare, Robotics and
others are showing strong opportunities in this market.
The Major Companies include:
- Yaskawa Electric (Japan)
- Siemens AG (Germany)
- Mitsubishi Electric Corporation (Japan)
- Rockwell Automation (U.S.)
- Schneider Electric (France)
- Rockwell Automation (U.S.)
- Baldor Electric (U.S.)
- Fanuc (Japan)
- Others
This report describes the market trends, drivers, and challenges with respect to the
servo motors market and forecasts the market to 2018, based on components, product types,
voltage range, applications, and geography. This report covers geographies like North
America, Europe, APAC, and ROW (Rest of the World). APAC is the largest market for servo
motors & drives in terms of revenues as well as unit shipments. APAC has been also
identified as the fastest growing region, with China leading the way. Europe and the
Americas also sound promising, with Brazil, Germany, and the U.S. providing impetus to the
growth.
The competitive landscape of the market presents a very interesting picture, where
large number of small players has become a force to be reckoned with. The market is
witnessing large scale collaboration and partnership across the value chain apart from
numerous consortiums being formed.
Buy a copy of this Report @
http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id27
Browse related reports to Semiconductor and Electronics Market @
http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S.
We publish strategically analyzed market research reports and serve as a business
intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and
custom research services. MarketsandMarkets covers thirteen industry verticals; including
advanced materials, automotives and transportation, banking and financial services,
biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power,
food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor
and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt
business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
MarketsandMarkets
Servo Motor & Drives Market Worth 17.2 Million Units by 2018
DALLAS, June 25, 2013 /PRNewswire/ --
According to a new market research report "Servo Motors & Drives Market: By Type (AC
Servo Motors/Drives, DC Servo Motors/Drives, Brushless Servo Motors), Voltage Range (Low
Voltage, Medium Voltage), Components (Sensors, Controller Modules, Encoders, Amplifiers) &
Application (2013 - 2018)", published by MarketsandMarkets, the total market is expected
to reach total shipments of 17.2 million units by 2018, growing at an estimated CAGR of 6%
from 2013 to 2018.
Browse
- 102 Market Data Tables
- 27 Figures
- 271 Pages and an in-depth Table of Contents on "Servo Motor & Drives Market"
http://www.marketsandmarkets.com/Market-Reports/servo-motors-and-drives-market-1127.html
Early buyers will receive 10% customization on this report.
Implementation of automation tools in application industries have resulted in reducing
operations time, and saving the cost incurred 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 servo systems have
spurred the end users' interest and witnessed a positive growth rate during the last few
years. Due to the increased features and functionalities in the application market, servo
motors and drives are now being used in areas where they were confined.
Growth in the Servo Motors Market
[http://www.marketsandmarkets.com/Market-Reports/servo-motors-and-drives-market-1127.html ]
is driven by various Applications such as Packaging Machines, Semiconductors, Food
Processing, and Machine Tools; however, the markets such as Healthcare, Robotics and
others are showing strong opportunities in this market.
The Major Companies include:
- Yaskawa Electric (Japan)
- Siemens AG (Germany)
- Mitsubishi Electric Corporation (Japan)
- Rockwell Automation (U.S.)
- Schneider Electric (France)
- Rockwell Automation (U.S.)
- Baldor Electric (U.S.)
- Fanuc (Japan)
- Others
This report describes the market trends, drivers, and challenges with respect to the
servo motors market and forecasts the market to 2018, based on components, product types,
voltage range, applications, and geography. This report covers geographies like North
America, Europe, APAC, and ROW (Rest of the World). APAC is the largest market for servo
motors & drives in terms of revenues as well as unit shipments. APAC has been also
identified as the fastest growing region, with China leading the way. Europe and the
Americas also sound promising, with Brazil, Germany, and the U.S. providing impetus to the
growth.
The competitive landscape of the market presents a very interesting picture, where
large number of small players has become a force to be reckoned with. The market is
witnessing large scale collaboration and partnership across the value chain apart from
numerous consortiums being formed.
Buy a copy of this Report @
http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id27
Browse related reports to Semiconductor and Electronics Market @
http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S.
We publish strategically analyzed market research reports and serve as a business
intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and
custom research services. MarketsandMarkets covers thirteen industry verticals; including
advanced materials, automotives and transportation, banking and financial services,
biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power,
food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor
and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt
business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
MarketsandMarkets