Servomotor

Motion Control Market size to increase by USD 5.20 billion during 2022-2027, Integration of motion control systems with digital drives to drive the growth - Technavio

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The motion control market size is expected to grow by USD 5.20 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The motion control market size is expected to grow by USD 5.20 billion between 2022 and 2027.
  • The integration of motion control systems with digital drives boosts market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Machine Vision Systems, Positioning Systems, Acceleration, and Deceleration Control, Motion Amplifiers, and Torque Control Systems contribute to comprehensive motion solutions.

Servo Motors and Drives Market to Surpass USD 18,383 Million Revenue by 2030, Says P&S Intelligence

Retrieved on: 
Tuesday, May 23, 2023

NEW YORK, May 23, 2023 /PRNewswire/ -- The global servo motors and drives market is projected to be worth USD 18,383 million by 2030, growing at a CAGR of 5.4%, according to P&S Intelligence.

Key Points: 
  • NEW YORK, May 23, 2023 /PRNewswire/ -- The global servo motors and drives market is projected to be worth USD 18,383 million by 2030, growing at a CAGR of 5.4%, according to P&S Intelligence.
  • With the evolving automation standards, a huge count of businesses are substituting traditional motors with servo motors, as the latter streamline operations and improve productivity.
  • Browse detailed report on Servo Motors and Drives Market Size, Share, Growth, Development and Demand Forecast to 2030
    The APAC region is dominating the servo motors and drives market, and it is projected to be dominant in the future as well, with a worth of USD 7,721 million by 2030.
  • Servo motors and drives are widely used in automobiles for cruise control, anti-lock braking, and fuel injection.

Servo Motors and Drives Market to Surpass USD 18,383 Million Revenue by 2030, Says P&S Intelligence

Retrieved on: 
Tuesday, May 23, 2023

NEW YORK, May 23, 2023 /PRNewswire/ -- The global servo motors and drives market is projected to be worth USD 18,383 million by 2030, growing at a CAGR of 5.4%, according to P&S Intelligence.

Key Points: 
  • NEW YORK, May 23, 2023 /PRNewswire/ -- The global servo motors and drives market is projected to be worth USD 18,383 million by 2030, growing at a CAGR of 5.4%, according to P&S Intelligence.
  • With the evolving automation standards, a huge count of businesses are substituting traditional motors with servo motors, as the latter streamline operations and improve productivity.
  • Browse detailed report on Servo Motors and Drives Market Size, Share, Growth, Development and Demand Forecast to 2030
    The APAC region is dominating the servo motors and drives market, and it is projected to be dominant in the future as well, with a worth of USD 7,721 million by 2030.
  • Servo motors and drives are widely used in automobiles for cruise control, anti-lock braking, and fuel injection.

$458 Million India's Servo Motors and Drives Market Report to 2027: Increasing Adoption of International Standards for Motor Efficiency Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 12, 2023

Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Key Points: 
  • Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
  • The report presents a detailed Ansoff matrix analysis for India's Servo Motors and Drives Market.
  • The analyst analyses India's Servo Motors and Drives Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • The report offers a comprehensive evaluation of India's Servo Motors and Drives Market.

The Worldwide Servo Motors and Drives Industry is Expected to Reach $15.8 Billion by 2027

Retrieved on: 
Tuesday, November 15, 2022

7 Servo Motors and Drives Market, by Product Type

Key Points: 
  • 7 Servo Motors and Drives Market, by Product Type
    8 Servo Motors and Drives Market, by Voltage
    9 Servo Motors and Drives Market, by System Type
    10 Servo Motors and Drives Market, by Brake Technology
    10.2.1 Spring Brakes Are Mainly Used in Robotics, Elevators, and Lifting Machines
    11 Servo Motors and Drives Market, by Material of Construction
    12 Servo Motors and Drives Market, by Communication Type
    13 Servo Motors and Drives Market, by End-User

Servo Motors and Drives Market by System, Communication Type, Voltage, Brake Technology, Material, Product Type, End-users, Offering and Region - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 8, 2022

The servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period.

Key Points: 
  • The servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period.
  • The increase in motion control equipment's required for automation in major industrial sectors is driving servo motors and drives market
    The servo motors and drives market has been segmented into hardware, software and services.
  • Setting up automation requires servo motors and drives, which offer a high level of precision, accuracy, and torque with low maintenance costs
    Servo Drives segment is expected to be the fastest growing segment of the servo motors and drives market, by product type
    Based on product type the servo motors and drives market is segmented into servo motors and servo drives.
  • The Asia Pacific is expected to be the largest growing market in the servo motors and drives market.

Servo Motors and Drives Market Worth $15.8 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 7, 2022

The wireless segment is anticipated to be the fastest-growing Servo Motors and Drives Market by communication type, during the forecast period

Key Points: 
  • The wireless segment is anticipated to be the fastest-growing Servo Motors and Drives Market by communication type, during the forecast period
    The wireless segment is expected to be the fastest-growing segment during the forecast period.
  • In this report, the Servo Motors and Drives Market has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America.
  • The Servo Motors and Drives Market in Several European countries align their manufacturing processes with the International Electrotechnical Commission (IEC) standards.
  • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Servo Motors and Drives Market.

Servo Motors and Drives Market Worth $15.8 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 7, 2022

The wireless segment is anticipated to be the fastest-growing Servo Motors and Drives Market by communication type, during the forecast period

Key Points: 
  • The wireless segment is anticipated to be the fastest-growing Servo Motors and Drives Market by communication type, during the forecast period
    The wireless segment is expected to be the fastest-growing segment during the forecast period.
  • In this report, the Servo Motors and Drives Market has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America.
  • The Servo Motors and Drives Market in Several European countries align their manufacturing processes with the International Electrotechnical Commission (IEC) standards.
  • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Servo Motors and Drives Market.

Global Servo Motors and Drives Market to Reach $16.5 Billion by 2026

Retrieved on: 
Thursday, March 24, 2022

SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Servo Motors and Drives - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Servo Motors and Drives - Global Market Trajectory & Analytics" .
  • Amid the COVID-19 crisis, the global market for Servo Motors and Drives estimated at US$14.1 Billion in the year 2022, is projected to reach a revised size of US$16.5 Billion by 2026, growing at a CAGR of 3.6% over the analysis period.
  • The U.S. Market is Estimated at $2.3 Billion in 2022, While China is Forecast to Reach $3.9 Billion by 2026
    The Servo Motors and Drives market in the U.S. is estimated at US$2.3 Billion in the year 2022.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

ElectroCraft, Inc. to Showcase Medical and Laboratory Automation Motion Control Solutions at SLAS 2022

Retrieved on: 
Tuesday, February 1, 2022

BOSTON, Feb. 1, 2022 /PRNewswire/ --ElectroCraft, Inc., the global fractional horsepower motor and motion solutions provider, will showcase their Medical and Laboratory Equipment product offer including the recently expanded Enhanced Series Stepper Linear Actuator product line at SLAS 2022 Booth #2738.

Key Points: 
  • BOSTON, Feb. 1, 2022 /PRNewswire/ --ElectroCraft, Inc., the global fractional horsepower motor and motion solutions provider, will showcase their Medical and Laboratory Equipment product offer including the recently expanded Enhanced Series Stepper Linear Actuator product line at SLAS 2022 Booth #2738.
  • "We are excited to showcase our product offer at the industry leading event to for laboratory automation, SLAS 2022.
  • As a focused motion control company with an emphasis on medical and laboratory products, ElectroCraft brings best in class precision, torque and reliability in a small form factor that is required by laboratory automation equipment," notes Scott Rohlfs, Director of Product Marketing.
  • "ElectroCraft motion solutions allow medical equipment manufacturers to reduce product footprints while significantly increasing performance."