Servo Motors And Drives Market to grow by USD 3.15 billion during 2021-2025, ABB Ltd. and Danfoss AS emerge as Key Contributors to growth| Technavio

NEW YORK, May 11, 2021 /PRNewswire/ --

Technavio has monitored the servo motors and drives market in its latest market research report. The market is poised to grow by USD 3.15 billion during 2021-2025, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Download Free sample report 

Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. 
Frequently Asked Questions:

• Based on segmentation by product, which is the leading segment in the market?
  DC servo motors and drives will lead the market during the forecast period.
• What is the key driver influencing the market?
  The rising demand for servo motors and drives for robotics applications will influence the market positively during 2021-2025.
• At what rate is the market projected to grow?
  The market is projected to grow by over 4% in the next few years.
•  How big is the APAC market?
  54% of the market growth will originate from APAC.

Related Reports on Industrials Include:

Motors and Drives Services Market by Product and Geography - Forecast and Analysis 2020-2024: The motors and drives services market size will record an incremental growth of $ 2.28 bn and a CAGR of 3% during 2020-2024. Download PDF Sample

Electric Drives Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025: The electric drives market size has the potential to grow by USD 4.88 million during 2021-2025, according to Technavio. Download PDF Sample

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Danfoss AS, Mitsubishi Electric Corp., Nidec Corp., OMRON Corp., Regal Beloit Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yaskawa Electric Corp. are some of the major market participants. Although the increasing demand for integrated servo motors and brushless motors and surging focus on increasing energy efficiency in industries will offer immense growth opportunities. Intense competition among vendors is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this servo motors and drives market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Servo Motors and Drives Market 2021-2025: Segmentation

Servo Motors and Drives Market is segmented as below:

• Product
• DC Servo Motors And Drives
• AC Servo Motors And Drives
• Geography
• APAC
• Europe
• North America
• MEA
• South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70558

Servo Motors and Drives Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The servo motors and drives market report covers the following areas:

• Servo Motors and Drives Market Size
• Servo Motors and Drives Market Trends
• Servo Motors and Drives Market Industry Analysis

This study identifies the increase in demand for automated equipment on industrial premises as one of the prime reasons driving the servo motors and drives the market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

Servo Motors and Drives Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist servo motors and drives market growth during the next five years
• Estimation of the servo motors and drives market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the servo motors and drives market across APAC, Europe, North America, MEA, and South America
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of servo motors and drives market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• DC servo motors and drives - Market size and forecast 2020-2025
• AC servo motors and drives - Market size and forecast 2020-2025
• Market opportunity by Product

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABB Ltd.
• Danfoss AS
• Mitsubishi Electric Corp.
• Nidec Corp.
• OMRON Corp.
• Regal Beloit Corp.
• Rockwell Automation Inc.
• Schneider Electric SE
• Siemens AG
• Yaskawa Electric Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: https://www.technavio.com/report/servo-motors-and-drives-market-industry-analysis

SOURCE Technavio