Servo Motors and Drives Market Overview:-
Servo motor systems consist of four main components, a motor, a drive, a controller, and a feedback device, which is typically an encoder. A servo drive can also be referred to as an amplifier, because it takes the control signal from the controller and amplifies it to deliver a specific amount of voltage and current to the motor. There are two types of servo motors, that are AC and DC. AC servo can handle higher current surges and tend to be used in industrial machinery. DC servos are not designed for high current surges and are usually better suited for smaller applications. One of the most important tools for sizing a servo motor is its torque-speed curve. Servo motors are used in radio-controlled airplanes to position control surfaces like elevators, rudders, walking a robot, or operating grippers. Servo motors are small, have built-in control circuitry and have good power for their size.
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Servo Motors and Drives Market Drivers and Restraints:-
Global servo motors market is expected to be increased at a higher growth due to its applications include packaging machines, automobile manufacturing industries, food processing, health care industries, semiconductors and robotics. Servo motors and drives serve the purpose of automation and thus has seen a high growth rate in the forecast period. Servo drives were originally stand-alone components, separate from the motor and controller. But in the past 10 to 15 years, numerous motor manufacturers have developed integrated motor-drive system that make sizing and selection easier, reduce wiring, and save considerable space and setup time. However, high cost effective servo motors and drives may lead to the less growth in the industry.
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Servo Motors and Drives Market Geographical Segmentation:-
Geographically, Asia Pacific is the dominant market with a higher share for the servo motors and driving systems due to its tremendous increase in the robotic technology. North America has second largest share globally due to its more industrialization and forecast to increase its market by 2023. Europe and Middle East are expected to increase their market by a rapid mobility research and development globally.
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Servo Motors and Drives Market Key Players:
Some of the key players are Mitsubishi Electric Corporation, Delta Electronics, Yaskawa Electric Corporation, Bosch Rexroth AG, Rockwell Automation Inc, KINCO Automation and Schneider Electric.
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