As per Intent Market Research, the Servo Motors And Drives Market was valued at USD 11.6 Billion in 2024-e and will surpass USD 17.9 Billion by 2030; growing at a CAGR of 7.5% during 2025-2030.
The servo motors and drives market has seen significant growth due to increasing automation across various industries, particularly in manufacturing, robotics, and automotive sectors. Servo motors, which are integral in providing precise motion control for machines, paired with drives that control their speed and torque, are essential for high-performance applications. As industries increasingly seek solutions for more energy-efficient systems and enhanced operational precision, the demand for advanced servo motors and drives continues to rise.
AC Servo Motors Segment is Largest Owing to Versatility and Efficiency
Among the different product types in the servo motors and drives market, AC servo motors dominate due to their versatility, efficiency, and ability to perform in a variety of applications. These motors are commonly used in industries that require precise control of speed and position, such as robotics, industrial automation, and aerospace. Their ability to operate at higher speeds with minimal maintenance has made them the preferred choice for many industrial applications.
The growth of the AC servo motors segment is largely driven by their widespread use in manufacturing processes, including in automated production lines and high-speed machinery. Additionally, their capacity for precise motion control and high torque at low speeds makes them ideal for sectors like automotive, electronics, and packaging. With continued advancements in energy efficiency and compact designs, AC servo motors are expected to maintain their dominant position in the market for the foreseeable future.
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Robotics Application is Fastest Growing Owing to Automation Demand
The robotics application segment is witnessing the fastest growth in the servo motors and drives market. The rise of industrial robots, collaborative robots (cobots), and robotic systems used in manufacturing lines is fueling the demand for servo motors and drives. Robotics requires highly accurate motion control, which servo motors excel at providing. The increased adoption of robots in various sectors such as automotive, electronics, and healthcare is contributing significantly to the rapid expansion of this segment.
Robots equipped with advanced servo systems are used in diverse functions ranging from assembly to packaging and material handling. As industries focus more on automation to increase productivity and reduce human error, the need for sophisticated robotics, powered by servo motors and drives, continues to accelerate. This trend is expected to propel the robotics application segment as one of the primary growth drivers for the servo motors market.
Automotive End-Use Industry is Largest Owing to Electrification and Demand for Precision
In terms of end-use industries, the automotive sector is the largest market for servo motors and drives. This is primarily driven by the ongoing trends of electrification and the increasing use of advanced automation in vehicle manufacturing. Electric vehicles (EVs) and their components, as well as the drive for energy-efficient manufacturing processes, are leading to greater adoption of servo motors for applications such as assembly lines, testing, and precision machining.
Servo motors offer the automotive industry significant advantages in terms of precision, energy efficiency, and speed. They are used in various stages of production, including robotic assembly, painting, and welding. With the growing shift toward electric and autonomous vehicles, the automotive industry is likely to continue being a major consumer of servo motors and drives in the coming years.
Low Voltage (Below 400V) Voltage Segment is Largest Due to Widespread Adoption
The low voltage segment, which includes servo motors and drives operating below 400V, is the largest segment in the voltage category. Low voltage systems are highly popular because of their widespread applicability across industries, including manufacturing, packaging, and food processing. These systems are cost-effective and offer sufficient power and efficiency for a wide range of applications, making them a preferred choice in many industrial setups.
With advancements in technology and increasing demand for energy-efficient systems, low voltage servo systems are becoming even more efficient, driving their adoption across various industries. The ability to operate on lower voltage systems also reduces infrastructure costs, making them more accessible to small and medium-sized enterprises (SMEs) that are investing in automation.
Asia-Pacific Region is Fastest Growing Owing to Industrialization and Automation
The Asia-Pacific region is the fastest growing in the global servo motors and drives market. This is primarily due to the rapid industrialization and increased automation across manufacturing sectors in countries like China, Japan, and South Korea. The demand for precision machinery, robotic systems, and energy-efficient solutions is surging in the region, driving the need for advanced servo motors and drives.
China, as a manufacturing powerhouse, is particularly leading the way in adopting servo systems for its automotive, electronics, and consumer goods production. Additionally, the ongoing investments in infrastructure and technology by governments across Asia-Pacific are accelerating the automation trend, further boosting the demand for servo motors and drives. With Asia-Pacific’s growing emphasis on robotics and automation, this region is expected to maintain its leadership in market growth.
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Competitive Landscape and Leading Companies
The competitive landscape of the servo motors and drives market is shaped by a few key players who dominate the sector with their technological expertise and wide product offerings. Companies such as Siemens AG, Yaskawa Electric Corporation, and Mitsubishi Electric Corporation are at the forefront of this market. These companies have a strong foothold due to their comprehensive product portfolios that include high-performance servo motors, drives, and integrated solutions for various industries.
These leading companies focus heavily on R&D to introduce innovative solutions that meet the evolving demands of industries such as robotics, automotive, and industrial automation. Additionally, strategic partnerships, acquisitions, and product launches are common strategies used by these companies to expand their market presence and enhance their product offerings. The competitive landscape also involves significant players from Europe, North America, and Asia-Pacific, each contributing to the market's growth through technological advancements and regional expansions.
List of Leading Companies:
- Siemens AG
- ABB Ltd.
- Rockwell Automation Inc.
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Fuji Electric Co. Ltd.
- Yaskawa Electric Corporation
- Nidec Corporation
- Emerson Electric Co.
- Bosch Rexroth AG
- Delta Electronics, Inc.
- Kollmorgen
- Siemens AG
- Parker Hannifin Corporation
- SEW-Eurodrive
Recent Developments:
- Siemens announced the launch of a new series of energy-efficient servo drives aimed at improving motion control for industrial applications, providing enhanced functionality and reduced energy consumption.
- Yaskawa has expanded its product portfolio with the launch of a high-performance servo motor, optimized for complex motion control applications in the robotics industry.
- Mitsubishi Electric revealed a strategic acquisition to enhance its servo motor capabilities in the automotive and industrial automation sectors, strengthening its market position in motion control.
- Rockwell Automation introduced an upgraded version of its PowerFlex 755TL drive, designed to support advanced motor control techniques and improve productivity in manufacturing environments.
- ABB announced a partnership with a major semiconductor manufacturer to provide servo motors and drives optimized for cleanroom and high-precision applications in the electronics industry.
Report Scope:
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Report Features |
Description |
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Market Size (2024-e) |
USD 11.6 Billion |
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Forecasted Value (2030) |
USD 17.9 Billion |
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CAGR (2025 – 2030) |
7.5% |
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Base Year for Estimation |
2024-e |
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Historic Year |
2023 |
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Forecast Period |
2025 – 2030 |
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Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
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Segments Covered |
Servo Motors and Drives Market By Product Type (AC Servo Motors, DC Servo Motors, Servo Drives), By Application (Robotics, Packaging, Automotive, Electronics & Semiconductors, Food & Beverages, Textile Industry, Metal Processing, Printing), By End-Use Industry (Automotive, Industrial Machinery, Robotics, Packaging, Aerospace & Defense, Oil & Gas, Pharmaceuticals, Food & Beverages), By Voltage (Low Voltage, Medium Voltage, High Voltage) |
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Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
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Major Companies |
Siemens AG, ABB Ltd., Rockwell Automation Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Fuji Electric Co. Ltd., Yaskawa Electric Corporation, Nidec Corporation, Emerson Electric Co., Bosch Rexroth AG, Delta Electronics, Inc., Kollmorgen, Siemens AG, Parker Hannifin Corporation, SEW-Eurodrive |
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Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
Frequently Asked Questions
The Servo Motors And Drives Market was valued at USD 11.6 Billion in 2024-e and is expected to grow at a CAGR of over 7.5% from 2025 to 2030
The market is expanding due to the rising demand for automation in industries like automotive, aerospace, and food processing, as well as the need for energy-efficient and precise control systems.
AC servo motors are powered by alternating current and are suitable for high-speed applications, while DC motors run on direct current and are typically used for applications requiring high torque at lower speeds.
The increasing adoption of robotics in industries like manufacturing, healthcare, and automotive is a significant driver for the growth of the servo motors and drives market, as robots require precise motion control.
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1. Introduction |
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1.1. Market Definition |
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1.2. Scope of the Study |
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1.3. Research Assumptions |
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1.4. Study Limitations |
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2. Research Methodology |
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2.1. Research Approach |
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2.1.1. Top-Down Method |
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2.1.2. Bottom-Up Method |
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2.1.3. Factor Impact Analysis |
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2.2. Insights & Data Collection Process |
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2.2.1. Secondary Research |
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2.2.2. Primary Research |
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2.3. Data Mining Process |
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2.3.1. Data Analysis |
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2.3.2. Data Validation and Revalidation |
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2.3.3. Data Triangulation |
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3. Executive Summary |
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3.1. Major Markets & Segments |
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3.2. Highest Growing Regions and Respective Countries |
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3.3. Impact of Growth Drivers & Inhibitors |
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3.4. Regulatory Overview by Country |
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4. Servo Motors And Drives Market, by Product Type (Market Size & Forecast: USD Million, 2023 – 2030) |
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4.1. AC Servo Motors |
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4.2. DC Servo Motors |
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4.3. Servo Drives |
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5. Servo Motors And Drives Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
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5.1. Robotics |
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5.2. Packaging |
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5.3. Automotive |
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5.4. Electronics & Semiconductors |
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5.5. Food & Beverages |
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5.6. Textile Industry |
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5.7. Metal Processing |
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5.8. Printing |
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5.9. Others |
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6. Servo Motors And Drives Market, by End-Use Industry (Market Size & Forecast: USD Million, 2023 – 2030) |
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6.1. Automotive |
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6.2. Industrial Machinery |
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6.3. Robotics |
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6.4. Packaging |
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6.5. Aerospace & Defense |
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6.6. Oil & Gas |
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6.7. Pharmaceuticals |
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6.8. Food & Beverages |
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6.9. Others |
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7. Servo Motors And Drives Market, by Voltage (Market Size & Forecast: USD Million, 2023 – 2030) |
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7.1. Low Voltage (Below 400V) |
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7.2. Medium Voltage (400V to 690V) |
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7.3. High Voltage (Above 690V) |
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8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
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8.1. Regional Overview |
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8.2. North America |
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8.2.1. Regional Trends & Growth Drivers |
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8.2.2. Barriers & Challenges |
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8.2.3. Opportunities |
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8.2.4. Factor Impact Analysis |
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8.2.5. Technology Trends |
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8.2.6. North America Servo Motors And Drives Market, by Product Type |
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8.2.7. North America Servo Motors And Drives Market, by Application |
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8.2.8. North America Servo Motors And Drives Market, by Voltage |
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8.2.9. By Country |
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8.2.9.1. US |
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8.2.9.1.1. US Servo Motors And Drives Market, by Product Type |
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8.2.9.1.2. US Servo Motors And Drives Market, by Application |
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8.2.9.1.3. US Servo Motors And Drives Market, by Voltage |
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8.2.9.2. Canada |
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8.2.9.3. Mexico |
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*Similar segmentation will be provided for each region and country |
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8.3. Europe |
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8.4. Asia-Pacific |
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8.5. Latin America |
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8.6. Middle East & Africa |
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9. Competitive Landscape |
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9.1. Overview of the Key Players |
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9.2. Competitive Ecosystem |
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9.2.1. Level of Fragmentation |
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9.2.2. Market Consolidation |
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9.2.3. Product Innovation |
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9.3. Company Share Analysis |
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9.4. Company Benchmarking Matrix |
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9.4.1. Strategic Overview |
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9.4.2. Product Innovations |
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9.5. Start-up Ecosystem |
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9.6. Strategic Competitive Insights/ Customer Imperatives |
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9.7. ESG Matrix/ Sustainability Matrix |
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9.8. Manufacturing Network |
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9.8.1. Locations |
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9.8.2. Supply Chain and Logistics |
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9.8.3. Product Flexibility/Customization |
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9.8.4. Digital Transformation and Connectivity |
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9.8.5. Environmental and Regulatory Compliance |
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9.9. Technology Readiness Level Matrix |
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9.10. Technology Maturity Curve |
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9.11. Buying Criteria |
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10. Company Profiles |
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10.1. Siemens AG |
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10.1.1. Company Overview |
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10.1.2. Company Financials |
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10.1.3. Product/Service Portfolio |
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10.1.4. Recent Developments |
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10.1.5. IMR Analysis |
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*Similar information will be provided for other companies |
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10.2. ABB Ltd. |
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10.3. Rockwell Automation Inc. |
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10.4. Mitsubishi Electric Corporation |
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10.5. Schneider Electric SE |
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10.6. Fuji Electric Co. Ltd. |
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10.7. Yaskawa Electric Corporation |
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10.8. Nidec Corporation |
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10.9. Emerson Electric Co. |
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10.10. Bosch Rexroth AG |
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10.11. Delta Electronics, Inc. |
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10.12. Kollmorgen |
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10.13. Siemens AG |
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10.14. Parker Hannifin Corporation |
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10.15. SEW-Eurodrive |
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11. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Servo Motors and Drives Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Servo Motors and Drives Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
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Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Servo Motors and Drives Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
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Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.