DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Servo Motors and Drives Market - Forecast (2016-2021)" report to their offering.
Servo motors and drives are used for automation in industrial processes has resulted in high throughput, less cost, low errors and less man-power requirement. Globally, development of efficient and advance automation technology, rise in adoption of energy-efficient international standards, growing ease of use and integration of motion control components in motors and drives, flourishing automotive industry, and advantages of servo motors and drives such as, high accuracy and speed, light weight machines, reduced size, increase in speed and higher torque are the prime growth drivers of global servo motors and drives market.
In addition, increase in adoption of servo motors and drives for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global servo motors and drives market. However, volatile prices and availability of raw materials, availability of substitute motors, and complex manufacturing process are the key restraints for global servo motors and drives market.
Geographically Asia Pacific dominated global servo motors and drives market, followed by North America. Asia Pacific is projected to have fastest growth, owing to rapidly increasing automobile industry, rise in industrial sector, and growing investment in the manufacturing industry in developing nations such as China, and India in this region.
Companies Mentioned
- Adtech (Shenzhen) Technology Co., Ltd.
- Bosch Rexroth AG
- Kinco Automation Pvt. Ltd.
- Yaskawa Electric Corp.
- Mitsubishi Electric Corp.
- Siemens AG
- Schneider Electric
- Rockwell Automation, Inc.
- ABB Ltd.
-
Emerson Electric Co.
Key Topics Covered:
1. Market Overview
2. Executive Summary
3. Market Landscape
4. Market Forces
5. Strategic Analysis
6. Servo Motors and Drives Market, By Type
7. Servo Motors and Drives Market, By Components
8. Servo Motors and Drives Market, By Material
9. Servo Motors and Drives Market, By Voltage
10. Servo Motors and Drives Market, By Communication Protocol
11. Servo Motors and Drives Market, By End-User
12. Servo Motors and Drives Market, By Geography
13. Market Entropy
14. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/994xjz/servo_motors_and
