Global Servo and Stepper Motors Market 2017-2021

  • ID: 4319130
  • Report
  • Region: Global
  • 69 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • ABB
  • Applied Motion Products
  • Emerson
  • Mini Motor
  • Nidec
  • Phytron
  • MORE

About Servo and Stepper Motors
Servo motors work in a closed loop system; the motion and final position of the rotor are easily controlled using position feedback. The servo motor's digital-analog converter provides an input signal for directing the command to the output shaft. Normal motors run at full speed when voltage is applied, but servo motors rotate at a certain angle based on the electrical signal. Stepper motors work in an open loop system; they offer low torque option and provide high initial torque when compared with servo motors. Their cost is low and they require less cabling, which helps in easy integration. Stepper motors work in open loop without any encoders; as they move in steps, the electrical signal specifies the number of steps to move across.

The analysts forecast the global servo and stepper motors market to grow at a CAGR of 5.49% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global servo and stepper motors market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of servo and stepper motors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

The report, Global Servo and Stepper Motors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors

  • ABB
  • Applied Motion Products
  • FAULHABER
  • Nippon Pulse
  • Schneider Electric

Other prominent vendors

  • AMTEK
  • Emerson
  • Mini Motor
  • Moog
  • Nidec
  • Phytron
  • TECO Electro Devices
  • Azbil

Market drivers

  • Need for precise control over rotor movement
  • For a full, detailed list, view the full report

Market challenges

  • Lower adoption of servo motors in SMEs due to high cost
  • For a full, detailed list, view the full report

Market trends

  • Increased adoption of IoT in motors and drives
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ABB
  • Applied Motion Products
  • Emerson
  • Mini Motor
  • Nidec
  • Phytron
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by type
  • Market overview
  • Global servo motors market
  • Global stepper motors market
PART 07: Market segmentation by end-user
  • Market overview
  • Global servo and stepper motors market in process industry
  • Global servo and stepper motors market in discrete industry
PART 08: Geographical segmentation
  • Market overview
  • Servo and stepper motors market in APAC
  • Servo and stepper motors market in EMEA
  • Servo and stepper motors market in the Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends

List of Exhibits
Exhibit 01: Market landscape
Exhibit 02: Global servo and stepper motors market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global servo and stepper motors market by type 2016 and 2021 (% share)
Exhibit 05: Global servo motors market 2016-2021 ($ billions)
Exhibit 06: Global stepper motors market 2016-2021 ($ billions)
Exhibit 07: Global servo and stepper motors by end-user 2016 and 2021 (%)
Exhibit 08: Global servo and stepper motors in the process industry 2016-2021 ($ billions)
Exhibit 09: Key application areas of servo motors in the process industry
Exhibit 10: Global servo and stepper motors in the discrete industry 2016-2021 ($ billions)
Exhibit 11: Key application areas of servo and stepper motors in the discrete industry
Exhibit 12: Market share of servo and stepper motors by geography 2016 and 2021 (% share)
Exhibit 13: Servo and stepper motors market in APAC 2016-2021 ($ billions)
Exhibit 14: Key investments in the oil and gas industry in APAC
Exhibit 15: Servo and stepper motors market in EMEA 2016-2021 ($ billions)
Exhibit 16: Servo and stepper motors market in the Americas 2016-2021 ($ billions)
Exhibit 17: ABB: Business verticals
Exhibit 18: ABB: Industries served
Exhibit 19: ABB: Product offerings
Exhibit 20: Applied Motion Products: Product offerings
Exhibit 21: End-user industries served
Exhibit 22: FAULHABER: Product offerings
Exhibit 23: Nippon Pulse: Industrial offerings
Exhibit 24: Nippon Pulse: Product offerings
Exhibit 25: Schneider Electric: Business verticals
Exhibit 26: Schneider Electric: Product offerings
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • ABB
  • Applied Motion Products
  • Emerson
  • Mini Motor
  • Nidec
  • Phytron
  • MORE
New Report Released: – Global Servo and Stepper Motors Market 2017-2021

The author of the report recognizes the following companies as the key players in the global servo and stepper motors market: ABB, Applied Motion Products, FAULHABER, Nippon Pulse, and Schneider Electric.

Other Prominent Vendors in the market are: AMTEK, Emerson, Mini Motor, Moog, Nidec, Phytron, TECO Electro Devices, and Azbil.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increased adoption of IoT in motors and drives. IoT has increasingly been adopted in automation equipment as it helps in faster communication and information transfer from wireless networks. As industries are striving toward in converting themselves into smart factories, IoT has boosted up the performance of factories. The unplanned maintenance can be reduced using IoT as they help in speeding up the process of information transfer to local computers and reduce the time lost in maintenance and upgradation of machines.”

According to the report, one of the major drivers for this market is need for precise control over rotor movement. Applications such as robotic arms, conveyor belts, metal-cutting machines, textiles, steel processing, and packing require high precision in rotor movement with high speed, hollow shaft, and low vibration. Stepper and servo motors provide controlled torque and precision in angular movement, making applications run smoothly and reduce the problems faced by induction and brushed DC motors.

Further, the report states that one of the major factors hindering the growth of this market is lower adoption of servo motors in SMEs due to high cost. Servo and stepper motors are used in similar types of applications where there is a requirement for precise angular movement of shafts, either clockwise or anti-clockwise. The precision of angular movement is much higher in servo motors. However, due to encoders and construction of motors, the cost of servo motors is high. In applications such as robotic arms where the motors require an elevated level of precision, servo motors are preferred over stepper motors. However, the cost of servo motors is a major concern for end-users.

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.
Note: Product cover images may vary from those shown
5 of 5
  • ABB
  • AMTEK
  • Applied Motion Products
  • Azbil
  • Emerson
  • FAULHABER
  • Mini Motor
  • Moog
  • Nidec
  • Nippon Pulse
  • Phytron
  • Schneider Electric
  • TECO Electro Devices
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll