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Transparency Market
Research
Industry Research Of Servo Drives and Motors Market
Up to 2020
Published Date
2015-04-21
84 Page Report
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Report Title
Servo Drives and Motors Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 – 2020
Transparency Market Research
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Servo Drives and Motors
Market
REPORT DESCRIPTION
Servo Drives and Motors Market- Global Industry Analysis, Size, Growth and
Forecast 2014 - 2020
Global servo drives and motors market was valued at USD 8.96 billion in 2014, growing at a
CAGR of 5.6% from 2014 to 2020. Servo motors are defined as an automatic device that utilizes
an error-correction routine to correct its motion. Servo drives add the position control to the
motor by adding feedback devices such as encoders. The precise position of the motor's rotor
can be attained with the help of feedback device, thus, the number of revolutions could be
controlled. Servo drives with positioning control are used in machine tools and need servo
motors with a higher dynamic response than standard AC motors. Increasing demand for high
performance motors, growing vehicle production worldwide and positive outlook of
manufacturing industries are the major factors responsible for growth of global servo drives and
motors market globally.
Browse The Market Research Report of Servo Drives and Motors
Market : http://www.transparencymarketresearch.com/servo-drives-motorsmarket.html
The global servo drives and motors market is segmented by region into North America, Europe,
Asia-Pacific (APAC) and Rest of the World (RoW). Asia-Pacific led the global servo drives and
motors market in 2014 as well as the fastest growing regional market. The region is also
expected to maintain its dominance in throughout the forecast period...