Servo Drives and Motors

Publish Date

The Servo Drives and Motors market research study delivers current market analysis plus a five year market and technology forecast.  The study is available in multiple editions including worldwide, all regions, and most major countries.

Servo Drives and Motors Market:  Megatrends Driving Growth

The Servo Drives and Motors market research study offers a comprehensive, in-depth analysis of the servo drives and servo motors market used in general motion control applications in the industrial automation market.  With diverse economic and regional dynamics, many factors influenced the development of the global servo drives and motors market, with some factors boosting market growth, while others inhibiting it.

Global megatrends such as urbanization in emerging markets, growth in industrial automation, higher productivity, energy efficiency, and renewable energy continue to prevail.  Emerging technology trends, such as Industrial IoT, Industry 4.0, digitalization, and information technology (IT)/operational technology (OT) convergence, help satisfy demand created by global megatrends.  The technology trends are shaping suppliers’ R&D strategy and investments.  They are impacting the way products and systems are architected, developed, delivered, and serviced, with significant value added for their customers.  Industrial IoT and digitalization are transforming industrial operations across all sectors to compete in the “digital future”.  To this end, suppliers of servo drives and servo motors are challenged to offer products and services that support this environment.  In addition to the quantitative assessment, this research provides an insightful analysis of issues that will impact this business in the future.

The servo drives and motors global market, including hardware and services, is dynamic with tremendous opportunities under the backdrop where industrial operations seek automation solutions that support energy conservation and sustainability initiatives.

Servo Drives and Motors Strategic Issues

Servo Drives and Motors Market TrendsIn addition to providing a five-year market forecast and two years of historical data, the Servo Drives and Motors global market research study provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issues for OEM Machine Builders

The selection of servo drives and motors along with other automation equipment for integration into production machinery are relatively complex processes.  As OEM machine builders continue to improve both mechanical and electrical designs, it is ever more critical to develop a strategic plan that embraces the latest trends in technology.  Developing a strategic roadmap is essential as it provides a vision for the industrial organization to embrace as well as communicate to end users that you are forward-thinking.  The industry has entered an age where machines are regarded as a continuous stream of revenue for the machine builder after the initial sale.  The business concept of services-as-a-revenue stream over the lifetime of the machine has gained in importance.  Manufacturers are embracing the value proposition of additional services as many have downsized internal engineering operations and are now reaching out to the machine builders to fill this void. 

The strategies in this report are intended to promote thought leadership for machine builders.  The strategies embrace the underlying value proposition of incorporating motion control technology, but also provide a vision of how this underlying technology can be leveraged by the customer and the aftermarket services.  

Strategic Issues for Suppliers

Servo drives and motors suppliers are facing a market that is undergoing continuous change.  The servo drives and motors industry has evolved from a field comprising isolated specialists to a technology that has much wider adoption across many different machinery applications.  Navigating the competitive climate and technological changes and identifying new opportunities require industrial intelligence.  Developing a strategic roadmap is critical to sustaining the viability of a supplier as a competitor in this market.  The fragmentation in this market has persisted over several decades despite the efforts to consolidate by several major suppliers.  Low-cost competitors are emerging on a regular basis and seeking out the lucrative machinery markets in Europe, Asia, and North America.  Suppliers need to develop strategic plans that ensure value propositions justify higher pricing as the market enters an age where the technology has matured, and many machine builders will switch to reduce component costs.  Services-as-a-revenue stream over the lifetime of the machine has gained importance for machine builders, but this is equally important to product suppliers.  Developing a strategy that allows machine builders to leverage connected products and infrastructure is critical in differentiated portfolio. 

ARC’s strategies in this report are intended to highlight some of the key observations during the research in the motion control market that would be valuable to factor into your strategic planning. 

Total Automation Suppliers vs. Motion Centric Suppliers

The servo drives and motors market is very fragmented.  The leading servo drives and motors suppliers include total automation suppliers with a broad product portfolio of automation products as well as motion centric suppliers.  Some users prefer total automation portfolio suppliers; however, some motion-centric suppliers remain strong players in the market.  Total automation suppliers offer a higher value proposition to machine builders and manufacturing plants due to the complete system offering, but some of the motion-centric suppliers have expanded their portfolio to provide broader machine automation. 

Single Cable Solutions

Single cable solutions between the servo drive and servo motor are now available and are being incorporated in the latest motion control solutions.  The introduction of the digital servo link encoder interface has allowed a single cable to carry both the high power and encoder signals.  This innovation will lower the cost of motion control solutions using servo drives and motors, while also increasing reliability.  Machine builders and end users may be hesitant to adopt the single cable solution as many have been educated to separate the two signals because high-power lines may introduce noise in low-level signals.  It is time to evaluate the use of single cable designs to remain competitively priced and lower service costs.  Cables are often the weakest link in any machine design.

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Servo Drives and Motors Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes Country Data) No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategic Recommendations

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Servo Drives
  • Market Shares by Servo Motors
  • Market Shares by Drive and Motor Power
    • Power1: (Up to 1kW)
    • Power2: (>1-2kW)
    • Power3: (>2-5kW)
    • Power4: (>5-15kW)
    • Power5: (>15kW)
  • Market Shares by Revenue Category
    • Hardware
    • Services
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Furniture & Wood Products
    • Machinery
    • Medical Products
    • Pharmaceutical & Biotech
    • Plastics & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Semiconductors
    • Textiles
  • Market Shares by Machinery Segment
  • Market Shares by Customization of Motors
    • Customized Engineered Motor
    • Modified Standard Motor
    • Standard Motor
  • Market Shares by Customization of Drives
    • Customized Engineered Drive
    • Modified Standard Drive
    • Standard Drive
  • Market Shares by Customer Type
  • Market Shares by Sales Channel

Market Forecasts & Histories

  • Total Servo Drives and Motor Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Revenue Shipments of Servo Drives
  • Revenue Shipments of Servo Motors
  • Unit Shipments of Servo Drives
  • Unit Shipments of Servo Motors
  • Revenues by Drive and Motor Power
    • Power1: (Up to 1kW)
    • Power2: (>1-2kW)
    • Power3: (>2-5kW)
    • Power4: (>5-15kW)
    • Power5: (>15kW)
  • Unit Shipments by Drive and Motor Power
  • Shipments by Revenue Category
    • Hardware
    • Services
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Furniture & Wood Products
    • Machinery
    • Medical Products
    • Pharmaceutical & Biotech
    • Plastics & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Semiconductors
    • Textiles
  • Shipments by Machinery Segment
  • Shipments by Customization of Motors
    • Customized Engineered Motor
    • Modified Standard Motor
    • Standard Motor
  • Shipments by Customization of Drives
    • Customized Engineered Drive
    • Modified Standard Drive
    • Standard Drive
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Scope

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast & History Analysis

  • Market Forecast & History by Country
  • Market Forecast & History by Industry

Industry Participants

List of countries and currencies included in each region

Country Research Focus Areas

Contact us for the countries available for this study.