A servo drive is a special electronic amplifier used to power electric servomechanisms. A servo drive monitors the feedback signal from the servomechanism and continually adjusts for deviation from expected behavior.
As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and requires of productivity’s development. in the international market, the current demand for Servo Drives product is relatively high in the mature market, such as Europe and North America, but the demand in China is relatively higher due to the downstream demand.
Servo Drives are mainly produced by Yasukawa, Panasonic, ABB, Mitsubshi, Siemens, Rexroth (Bosch), Lenze, and these companies occupied about 33.4% market share in 2014.
According to this study, over the next five years the Servo Drives market will register a 5.3% CAGR in terms of revenue, the global market size will reach US$ 11400 million by 2024, from US$ 8370 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Servo Drives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Servo Drives market by product type, application, key manufacturers and key regions and countries.
This study considers the Servo Drives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
5KW
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Small Equipment
Medium Machinery
Large Machinery
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Panasonic
Yasukawa
ABB
Fanuc
Mitsubshi
Yokogawa
Okuma
Omron
Siemens
Hitachi
Fuji
Toshiba
Lenze
Shinano Kenshi
Toyo
Rexroth (Bosch)
NEC
Sanyo Denki
Keyence
Tamagawa
Rockwell
Schneider
NSK
Emerson
Danaher Motion
Delta
Parker Hannifin
TECO
Inovance Technology
Oriental Motal
Shinko
Estun
HNC
Servotronix
CTB
GSK CNC
LS Mecapion
Higen
INVT
Nikki Denso
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Servo Drives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Servo Drives market by identifying its various subsegments.
Focuses on the key global Servo Drives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Servo Drives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Servo Drives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Servo Drives . Industry analysis & Market Report on Servo Drives is a syndicated market report, published as Global Servo Drives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Servo Drives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.