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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for servo motors and brushless motors, focus on increasing energy efficiency in industries, and increased outsourcing of service and maintenance operations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The motors and drives services market is segmented as below:
By Product
- Motors
- Drives
By End-user
- Process industry
- Discrete industry
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
By End-User
- Manufacturing
- Oil & Gas
- Automotive
- HVAC
By Motor Type
- AC Motors
- DC Motors
- Servo Motors
By Service Type
- Maintenance & Repair
- Installation
- Upgrades
- Consulting
The report on the motors and drives services market covers the following areas:
- Motors And Drives Services Market sizing
- Motors And Drives Services Market forecast
- Motors And Drives Services Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
Executive Summary
The following companies are recognized as the key players in the global motors and drives services market: Siemens AG (Germany), ABB Ltd. (Switzerland), Schneider Electric SE (France), Rockwell Automation Inc. (United States), Mitsubishi Electric Corporation (Japan), Yaskawa Electric Corporation (Japan), Toshiba International Corporation (Japan), Emerson Electric Co. (United States), WEG S.A. (Brazil), Nidec Motor Corporation (Japan), Regal Rexnord Corporation (United States), TECO Electric & Machinery Co., Ltd. (Taiwan), Hitachi Industrial Equipment Systems (Japan), Danfoss A/S (Denmark), Leroy-Somer (France), Vacon (Finland), SEW-EURODRIVE GmbH & Co KG (Germany), Franklin Electric Co., Inc. (United States), Hyundai Electric & Energy Systems (South Korea), and CG Power and Industrial Solutions Ltd. (India).Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances in electric drives."
According to the report, one of the major drivers for this market is the increasing demand for servo motors and brushless motors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Siemens AG (Germany)
- ABB Ltd. (Switzerland)
- Schneider Electric SE (France)
- Rockwell Automation Inc. (United States)
- Mitsubishi Electric Corporation (Japan)
- Yaskawa Electric Corporation (Japan)
- Toshiba International Corporation (Japan)
- Emerson Electric Co. (United States)
- WEG S.A. (Brazil)
- Nidec Motor Corporation (Japan)
- Regal Rexnord Corporation (United States)
- TECO Electric & Machinery Co. Ltd. (Taiwan)
- Hitachi Industrial Equipment Systems (Japan)
- Danfoss A/S (Denmark)
- Leroy-Somer (France)
- Vacon (Finland)
- SEW-EURODRIVE GmbH & Co KG (Germany)
- Franklin Electric Co. Inc. (United States)
- Hyundai Electric & Energy Systems (South Korea)
- CG Power and Industrial Solutions Ltd. (India)