The Business Research Company’s Servo Motors And Drives Global Market Report 2022: Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, May 24, 2022 /EINPresswire.com/ — According to ‘Servo Motors and Drives Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the servo motors and drives market size is expected to grow to $20.38 billion in 2026 at a CAGR of 9.61%. Rising automation is expected to propel the growth of the servo motors and drives market.
Want to learn more on the servo motors and drives market growth? Request for a Sample now.
The servo motors and drives global market consists of sales of servo motors and drives and related services by entities (organizations, sole traders, and partnerships) that manufacture servo motors and drives. Servo motors or linear or rotary actuators that help enable control of linear and angular acceleration, positioning, and velocity, made in brush and brushless types. Servo drives are also called servo amplifiers; these devices have the ability to take a low power command signal from a motion controller and turn it into high power current/voltage. Servo motors and drives are most commonly utilized in the manufacturing industry for production line robots that help create cars and airplanes that need high repetition yet precise welding, drilling, fastening, sealing, dispensing, and rigid manufacturing.
Global Servo Motors and Drives Market Trends
Technological advancement is a key trend in the servo motors and drives global market. According to the servo motors and drives market research, technological advancements help with the development of the design of the product as well as simplify motion control. For instance, Siemens introduced the new Sinamics S210 Servo Drive System that can be used for simplifying motion control. The new sinamics S210 servo drive system is specifically designed to work with Simotics S-1FK2 motors. This new system is employed in various applications such packaging machines, handling applications like pick-and-place, wood, and plastics processing.
Global Servo Motors and Drives Market Segments
The global servo motors and drives market is segmented:
By Type: Motor, Drive
By Voltage Range: Low-Voltage, Medium-Voltage
By End-User: Automotive, Oil and Gas, Healthcare, Packaging, Semiconductor and Electronics, Chemicals and Petrochemicals
By Offering: Hardware, Software
By Geography: The global road marking materials market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest share.
Read more on the global servo motors and drives market report here
Servo Motors and Drives Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides servo motors and drives market overviews, analyzes and forecasts market size and growth for the global servo motors and drives market, servo motors and drives market share, servo motors and drives market segments and geographies, servo motors and drives market players, servo motors and drives market leading competitor revenues, profiles and market shares. The servo motors and drives market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Servo Motors and Drives Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Siemens, Mitsubishi, Schneider Electric, ABB, Fuji Electric, Yaskawa, Emerson Electric, Rockwell Automation, Estun automation, Kinco Automation, Danfoss, ESR Pollmeier, Heason, Elmo Motion Control, KEB Automation, Allen Bradley, and Omron Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
Looking for something else? Here is a list of similar reports by The Business Research Company:
Digital Servo Press Market Report 2022 – By Motor Type (Continuous Rotation, Linear Rotation, Positional Rotation), By Force Range (Less than 100KN, 100KN-200KN, More than 200KN), By Application (Automotive, Electronics, Aerospace) – Market Size, Trends, And Global Forecast 2022-2026
Aircraft Brake System Market Report 2022 – By Component (Braking System Components, Brakes, Wheels), By Actuation (Power Brake, Boosted Brake, Independent Brake), By Brake Type (Carbon Breaks, Steel Breaks), By Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles), By End-User (Commercial Aircraft, Defense Aircraft) – Market Size, Trends, And Global Forecast 2022-2026
Motor Vehicle Body Global Market Report 2022 – By Type Of Vehicle (Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses, Coaches), By End Use (OEM, Aftermarket) – Market Size, Trends, And Global Forecast 2022-2026
About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Market Research Products, Services, Solutions For Your Business – TBRC