Servo Motors and Drives in Factory Automation Market - Forecast(2019 - 2024)

Report Code: AIR 0322 Report Format: PDF + Excel (Delivery in 48 Hrs)
Servo Motors and Drives in Factory Automation Market Overview:
Rising labor cost and the ageing workforce is anticipated to increase the demand for the automation systems such as robots, conveyors and others across various end user industries globally. This increase in deployment of automated systems in factories is anticipated to create a need for Servo Motors and Drives in Factory Automation which are used in the production of automation systems, thereby driving the market growth. The global Servo Motors and Drives in Factory Automation Market size is estimated to grow at a CAGR of 5.9% during forecast period i.e. 2018-2024. APAC is the fastest growing market with a CAGR of 6.6% from 2018 to 2024 which is mainly attributed to the growing demand for industrial robots. Japan and Germany are huge markets for the production of industrial robots and thus have immense demand for Servo Motors and Drives in Factory Automation.

Servo Motors and Drives in Factory Automation Market Outlook:
The need for precise control of speed and position in automation systems is primarily responsible for the usage of servomotor in automation systems such as robots, conveyors and others. The food grade servo motors are deployed in various applications such as food packaging, volumetric filling, form, fill and seal, food handling and others. According to Industry ARC findings, Industrial Robot segment will hold the largest market share during the forecast period. Servomotor, drives, inverters and controllers are used in many machineries such as welding/painting, assembling and machine tools (positioning), transport and others. 
Servo Motors and Drives in Factory Automation market report comprises of pricing analysis for different types of plastics employed for electric vehicles. The average price of servomotors is the highest among the other types and is expected to rise to $1,162 per unit in 2024.

Servo Motors and Drives in Factory Automation Market Growth Drivers:
 Rapid adoption rate of Industry 4.0 in smart factories has resulted in the increasing deployment of automation systems such as robots, conveyor system and others in factories. The Servo Motors and Drives in Factory Automation are components of these automation systems and hence the increasing deployments of automation systems is set to fuel the demand of Servo Motors and Drives in Factory Automation. Additionally, burgeoning number of companies with significant investments is anticipated to upsurge the growth of the Industry 4.0 market, thereby positively impacting the market growth.

Servo Motors and Drives in Factory Automation Market Challenges: 
A major challenge to the automated factories is to enhance the receptiveness of education and training systems to these fluctuations in skill requirements and to enhance the access to training and skills development. This, lack of availability of the relevant labor force in automated factories is anticipated to hamper the growth of the deployment of robots, conveyors and others in automated factories, which in turn affects the growth of the Servo Motors and Drives in Factory Automation market. 

  
  
Servo Motors and Drives in Factory Automation Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them to understand the future of the Servo Motors and Drives in Factory Automation market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Servo Motors and Drives in Factory Automation market, and their specific applications in different types of vehicles.

Servo Motors and Drives in Factory Automation Market Report: Industry Coverage

Types of Servo Motors and Drives in Factory Automation: Servo Motors and Drives in Factory Automation

Factory Automation Applications of Servo Motors and Drives in Factory Automation: Industrial Robot, Material Handling (Logistics) and Food & Beverage Machinery

The Servo Motors and Drives in Factory Automation market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Servo Motors and Drives in Factory Automation Market Key Players Perspective:
Yaskawa Electric, Servo Drives Technology Department, Motion Control Division, General Manager, Kazuhiro Imanaga said that “The Σ-7 F servo motor is our second Transphorm GaN product and our second time leading an industry into the future with revolutionary power solutions”. In addition, the Σ-7 F resulted from a strong multi-year partnership between Yaskawa and Transphorm
Some of the other key players mentioned in this report are Siemens, Fuji Electric, Fanuc, Mitsubishi, Schneider Electric, ABB, Omron, Bosch Rexroth, Rockwell among others.

Servo Motors and Drives in Factory Automation Market Trends:
  • Recent development of servo motors by Kollmorgen with significant reduction of winding losses that increases the torque is anticipated to drive the sales of servo motors, thereby affecting the market dynamics
  • Increasing number of partnerships is anticipated to drive the market growth. One such instance was, latest partnership of Solukon Maschinenbau GmbH and Siemens to launch the advanced SFM-AT800S depowdering system which was equipped with two servomotors
  • In 2018, Maxon Precision Motors Inc. has launched frameless brushless servo motor kits which can be deployed in industrial robots. Thus, the increasing launch of servo motor products is poised to exhibit positive growth to the Servo Motors and Drives in Factory Automation market
  • Recently, Elmo Motion Control Inc. has won the Technical Innovation of the Year award for the development of Nano Servo Drive which weighs less than 20g and yet delivers more than 5kW of continuous qualitative power. The wide applications of these product is set to provide significant opportunities for the servo drives market growth 
1. Servo Motors and Drives in Factory Automation Market – Overview
1.1. Definitions and Scope
2.  Servo Motors and Drive Market - Executive Summary
2.1. Market Revenue , Market Size and Key Trends By Company
2.2. Key Trends By Type of Application 
2.3. Key Trends Segmented By Geography
3. Servo Motors and Drives in Factory Automation Market 
3.1. Comparative Analysis
3.1.1. Product Benchmarking- Top 10 Companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value Split by Top 10 Companies
3.1.4. Patent Analysis –Top 10 Companies
4. Servo Motors and Drives in Factory Automation Market – Startup Companies Scenario
4.1. Top 10 Startup Company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Servo Motors and Drives in Factory Automation Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing Business Index
5.3. Case Studies of successful ventures
5.4. Customer Analysis – Top 10 Companies
6. Servo Motors and Drives in Factory Automation Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Power of customers
6.4.3. Threat of new Entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of Substitutes
7. Servo Motors and Drives in Factory Automation – Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Product Life Cycle
7.4. Suppliers and Distributors Market Share
8. Servo Motors and Drives in Factory Automation Market – By  Type (Market Size -$ Million/Billion)
8.1. Market Size and Market Share Analysis
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Servo Motors 
8.3.2. Servo Drives
8.3.3. Inverters
8.3.4. Controllers
9. Servo Motors and Drives in Factory Automation – By Factory Automation (Market Size -$ Million/Billion)
9.1. Segment Type Size and Market Share Analysis
9.2. Application Revenue and Trends By Type of Application
9.3. Application Segment Analysis by Type
9.3.1. Industrial Robot
9.3.1.1. Welding/Painting
9.3.1.2. Assembling
9.3.1.3. Machine Tools (Positioning)
9.3.2. Material Handling (Logistics)
9.3.2.1. Transport(AGV, AIV, Shelf Transport ,others)
9.3.2.2. Sorting(Palletizing, Conveyer, Automated Storage & Retrieval, others)
9.3.3. Food & Beverage Machinery
9.3.3.1. Processing(Packaging, Filling, Bottling, stirrer, Labeling, loaded/unloaded and others)
9.3.3.2. Sorting(Caser, Palletizing, Conveyer and others)
10. Servo Motors and Drives in Factory Automation Market – By Geography (Market Size -$ Million/Billion)
10.1. Servo Motors and Drives in Factory Automation Market- Americas Segment Research
10.2. Americas Market Research
10.2.1. Segment Type Size and Market Type Analysis 
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by Type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. Americas Product Type and Application Market Size
10.2.5.1. U.S.
10.2.5.2. Canada
10.2.5.3. Brazil
10.2.5.4. Mexico
10.2.5.5. Rest of Americas
10.3. Servo Motors and Drives in Factory Automation Market- Europe Segment Research
10.4. Europe Market Research
10.4.1. Segment Type Size and Market Type Analysis 
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by Type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. Europe Product Type and Application Market Size
10.4.5.1. Germany
10.4.5.2. France
10.4.5.3. U.K
10.4.5.4. Italy
10.4.5.5. Rest of Europe
10.5. Servo Motors and Drives in Factory Automation Market- APAC  Segment Research
10.6. APAC Market Research
10.6.1. Segment Type Size and Market Type Analysis 
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by Type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. APAC  Product Type and Application Market Size
10.6.5.1. China
10.6.5.2. Japan
10.6.5.3. India
10.6.5.4. South Korea
10.6.5.5. Rest of APAC
10.7. Servo Motors and Drives in Factory Automation Market- RoW  Segment Research
10.8. RoW Market Research
10.8.1. Segment Type Size and Market Type Analysis 
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by Type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. RoW  Product Type and Application Market Size
10.8.5.1. Middle East
10.8.5.2. Africa
11. Servo Motors and Drives in Factory Automation Market - Market Entropy
11.1. New Product Launches
11.2. M&A’s , Collaborations, JVs and Partnerships
12. Servo Motors and Drives in Factory Automation Market – Industry /Segment Competition Landscape
12.1. Market Share Analysis
12.1.1. Market Share By Country- Top Companies
12.1.2.  Market Share By Region- Top 10  Companies
12.1.3. Market Share By type of Application- Top 10  Companies
12.1.4. Market Share By type of Product/Product Category - Top 10 Companies
12.1.5. Market Share at  global level - Top Companies
12.1.6. Best Practices for companies
13. Servo Motors and Drives in Factory Automation Market – Key Company List By Country 
14. Servo Motors and Drives in Factory Automation Market Company Analysis
14.1. Market Share , Company Revenue, Products , M&A ,Developments
14.2. Yaskawa Electric Corp.  
14.3. Siemens AG                         
14.4. Fuji Electric Co., Ltd.   
14.5. FANUC                        
14.6. Mitsubishi Motors Corp.  
14.7. Schneider Electric SE  
14.8. ABB Ltd.                         
14.9. Bosch Rexroth AG   
14.10. Rockwell Automation, Inc. and more
"*Financials would be provided on a best efforts basis for private companies"
15. Servo Motors and Drives in Factory Automation Market - Appendix
15.1. Abbreviations
15.2. Sources
16. Servo Motors and Drives in Factory Automation Market- Methodology
16.1. Research Methodology
16.1.1. Company Expert Interviews
16.1.2. Industry Databases
16.1.3. Associations
16.1.4. Company News
16.1.5. Company Annual Reports
16.1.6. Application Trends
16.1.7. New Products and Product Database
16.1.8. Company Transcripts
16.1.9. R&D Trends
16.1.10. Key opinion Leader Interviews
16.1.11. Supply and Demand Trends