Latest research report on “Servo Motor Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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A Servo Motor is a rotary actuator that allows for precise control of angular position. Servo motors are utilized in industrial machine tools, CNC manufacturing machines and processes, and packaging applications. Electronic Equipment utilize servo motors because of their smooth commutation and accurate positioning. The aerospace industry makes use of servo motors in their hydraulic systems to contain system hydraulic fluid.
This report contains market size and forecasts of Servo Motor in global, including the following market information:
Global Servo Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Servo Motor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Servo Motor companies in 2021 (%)
The global Servo Motor market was valued at 751 million in 2021 and is projected to reach US$ 933.6 million by 2028, at a CAGR of 3.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less than 2KW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Servo Motor include Yaskawa, Mitsubishi, Fanuc, Siemens, Rockwell, ABB, Rexroth (Bosch), Panasonic and Nidec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Servo Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Servo Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Servo Motor Market Segment Percentages, by Type, 2021 (%)
– Less than 2KW
– More than 5KW
Global Servo Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Servo Motor Market Segment Percentages, by Application, 2021 (%)
– Machine Tools
– Packaging Applications
– Electronics Equipment
– Industrial Robots
Global Servo Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Servo Motor Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Servo Motor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Servo Motor revenues share in global market, 2021 (%)
Key companies Servo Motor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Servo Motor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Rexroth (Bosch)
– SANYO DENKI
– Oriental Motor
– Parker Hannifin
– LS Mecapion
– LTI Motion
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