Market Analysis of Servo Drives and Motors 2020

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Transparency Market

Research

Servo Drives and Motors Market to Gain Increasing

Applications in Healthcare and Robotics

Published Date

2015-04-21

84 Page Report

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Report

Servo Drives and Motors Market - Global Industry Analysis,

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

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Servo Drives and Motors 2016

REPORT DESCRIPTION

Servo Drives and Motors Market

A new market study released by Transparency Market Research (TMR) provides insights into the

market drivers, restraints, and trends in the global market for servo drives and motors for the

period from 2014 to 2020. The report, titled “Servo Drives and Motors Market - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available

for sale on the company website.The report states that the Global Servo Drives And Motors

Market will rise at a modest 5.6% CAGR from 2014 to 2020. As a result, the market, which had a

valuation of US$8.38 bn in 2013, will be worth US$12.44 bn in 2020.

Servo motors are high performance electric motors having characteristics such as controlling the

movement of machines. In addition, servo motors offer easy installation and no maintenance

cost. Increasing electricity prices and stringent electricity utilization standards are driving the

demand for energy efficient motors globally. The market of servo drives and motors is expected

to grow at a slower pace in North America and Europe region. The demand for servo drives and

motors is expected to rise due to the replacement of out-dated low efficient electric motors with

highly efficient servo drives and motors. In addition, the strict energy consumption regulations

and environment protection acts as the key factors that are driving the servo drives and motors...