Servo Drives and Motors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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Industry Research Of Servo Drives and Motors Market

Up to 2020

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2015-04-21

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Report Title

Servo Drives and Motors Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2014 – 2020

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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...