Servo Motors and Drives Market by Product, Type, and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 168 SKU: IRTNTR70558

Servo Motors and Drives Market Forecast 2023-2027

The servo motors and drives market size is forecast to increase by USD 3,958.7 million. The market is estimated to grow at a CAGR of 5.16% between 2022 and 2027. The growth of the market depends on several factors, including increasing demand for integrated servo motors and brushless motors, focus on increasing energy efficiency in industries, and increase in demand for automated equipment on industrial premises. 

This market research and growth report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Servo Motors and Drives Market during the Forecast Period?

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Servo Motors and Drives Market Dynamics and Customer Landscape

The increasing demand for integrated servo and brushless motors is notably driving the market growth, although factors such as intense competition from low-cost Asian manufacturers may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing demand for integrated servo and brushless motors is notably driving market growth. Servo motors and brushless motors are used in a wide range of applications, such as robotics, conveyors, compressors, and material handling equipment, in the process and discrete industries. The extensive use of precision motors in harsh environmental conditions in industrial processes in the oil and gas, power, chemical and petrochemical, and pharmaceutical industries has increased its demand.

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. Brushless and servo motors provide controlled torque and precision in angular movement, making applications run smoothly. The growing use of such motors will play a major role in enhancing the growth of the market during the forecast period.

Market Trends and Analysis

Technological advances and new product developments is the primary trend in the market. These are used in a wide range of industrial applications. With the requirement in new application areas, companies are offering advanced servo systems, which comprise controllers, servo motors, and servo drives, with improved functionality and specialized design. companies are offering ruggedized motors to meet the extreme operating requirement of process industries such as oil and gas and chemical and petrochemical.

Robotics is one area where companies in the market are focusing on finding new growth opportunities. For instance, in April 2022, Kollmorgen Corp. launched the new TBM2G series of frameless servo motors, offering features that streamline the design of collaborative, surgical, aerospace and defense, and other robots while delivering the best performance in a lighter, more compact package. Therefore, such product developments and launches will supplement the growth of the market in focus during the forecast period.

Major Market Challenge

Intense competition from low-cost Asian manufacturers is the major challenge impeding market growth. Asian countries are recognized for the easy availability of low-cost labor, land, and raw materials. Hence, these countries attract substantial investments in the manufacturing sector. However, in the last few years, substantial low-cost imports from China and other Asian manufacturers have entered the American and European markets. Asian companies such as Kollmorgen Corp. manufactures servo motors and drives at a significantly lower cost compared with global companies based in Europe and the Americas. This is because of the availability of low-cost labor and the abundance of resources in Asian countries.

As a result, numerous established companies located in the Americas and Europe have not been able to consolidate their presence in the markets in Asia, Africa, and the Middle East. Asian companies have an advantage in terms of product pricing, thereby giving tough competition to global companies. Global companies need to opt for horizontal integration through M&A to tackle cost-related issues. This will help them increase their market shares and tap unexplored territories.

Customer Landscape

This market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Servo Motors and Drives Market Customer Landscape

Who are the Major Servo Motors and Drives Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Rozum Robotics - The company offers Servo drives and motor that are equipped with an automatic reset thermal protector which protects against overload. Under this segment, the company is involved in offering products such as robotic arms, frameless motors, and servo motors.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Fuji Electric Co. Ltd.
  • Kollmorgen Corp.
  • Mitsubishi Electric Corp.
  • Nidec Corp.
  • OMRON Corp.
  • Regal Rexnord Corp.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • SEW EURODRIVE GmbH and Co KG
  • Siemens AG
  • Yaskawa Electric Corp.
  • ABB Ltd.
  • ADTECH SHENZHEN TECHNOLOGY CO. LTD.
  • Parker Hannifin Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The market share growth of the DC servo drives & motor segment will be significant during the forecast period. Developments in the renewable energy sector are leading to the construction of power distribution networks that distribute DC electricity. Most global grid solution providers, such as ABB Ltd. (ABB), offer high-voltage DC systems for the transmission and distribution (T&D) of electricity through the grid. Hence, the demand for medium-voltage DC servo motors is expected to increase during the forecast period.

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The DC servo drives/motors segment was valued at USD 6,397.12 million in 2017 and continued to grow until 2021. DC servo motors are typically used in applications that require precision control without being secured to an AC power supply, such as in robotic arms, automated guided vehicle (AGV) wheels, industrial automation equipment, printers, indexers, and any other equipment that needs to perform tasks with accuracy and precision. The advent of IoT and machine learning (ML) in the global industrial sector is driving the demand for automation and robotics. This, in turn, will supplement the growth of the market during the forecast period.

Key Regions

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APAC is estimated to contribute 60% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth of the this market in APAC is primarily attributed to the developing aerospace and defense, food and beverages, and automotive industries in the region. The aerospace and defense industry in APAC is expected to record substantial growth during the forecast period. The growth in defense spending will cater to China increasing focus on developing new military capabilities, such as stealth fighters, aircraft carriers, and anti-satellite missiles. China has also entered the commercial aircraft manufacturing sector to meet the domestic as well as global demand for aircraft. This will further drive the growth potential of the market during the forecast period.

In India, the government is taking initiatives to attract foreign direct investment (FDI) in its aerospace and defense industry. For instance, in November 2022, the Karnataka government planned to invest over USD 5.5 billion during 2022-2027 in aerospace and defense manufacturing. Similarly, in November 2022, the Tamil Nadu government planned to invest USD 9.2 billion during 2022-2032 in the industry under the new aerospace and defense industrial policies. Such developments in the regional aerospace and defense industry will drive the growth of the market in focus in the region during the forecast period.

Market Analyst Overview

The servo drives and notor market is witnessing remarkable growth driven by the increasing demand for flexibility and efficiency across various sectors worldwide. These components play a pivotal role in powering advanced technologies and optimizing operations in modern machinery. With advancements in motion control, the integration of sophisticated sensors and actuators has become essential for enhancing performance. The servo motor market, servo drive market, and servo motors market collectively contribute to the expansion of the broader electric motors industry. As industries continue to adopt automation and precision control, the demand for servo motor drives is expected to surge, further driving the growth of the market.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • DC servo motors/drives
    • AC servo motors/drives
  • Type Outlook (USD Million, 2017 - 2027)
    • Rotary system
    • Linear system
  • Region Outlook (USD Million, 2017 - 2027)
    • APAC
      • China
      • India
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • North America
      • The U.S.
      • Canada
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Servo Motors And Drives Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.16%

Market growth 2023-2027

USD 3,958.7 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.86

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 60%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Danfoss AS, Delta Electronics Inc., Emerson Electric Co., FANUC Corp., Fuji Electric Co. Ltd., Kollmorgen Corp., Mitsubishi Electric Corp., Nidec Corp., OMRON Corp., Regal Rexnord Corp., Robert Bosch GmbH, Rockwell Automation Inc., Rozum Robotics, Schneider Electric SE, SEW EURODRIVE GmbH and Co KG, Siemens AG, Yaskawa Electric Corp., ABB Ltd., ADTECH SHENZHEN TECHNOLOGY CO. LTD., and Parker Hannifin Corp.

Market dynamics

Parent market analysis, Market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Market Growth Analysis across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of the key market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global servo motors and drives market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data table on global servo motors and drives market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 DC servo motors/drives - Market size and forecast 2022-2027
      • Exhibit 34: Chart on DC servo motors/drives - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on DC servo motors/drives - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on DC servo motors/drives - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on DC servo motors/drives - Year-over-year growth 2022-2027 (%)
    • 6.4 AC servo motors/drives - Market size and forecast 2022-2027
      • Exhibit 38: Chart on AC servo motors/drives - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on AC servo motors/drives - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on AC servo motors/drives - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on AC servo motors/drives - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 45: Chart on Comparison by Type
      • Exhibit 46: Data Table on Comparison by Type
    • 7.3 Rotary system - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Rotary system - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Rotary system - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Rotary system - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Rotary system - Year-over-year growth 2022-2027 (%)
    • 7.4 Linear system - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Linear system - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Linear system - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Linear system - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Linear system - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 55: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 108: ABB Ltd. - Overview
              • Exhibit 109: ABB Ltd. - Business segments
              • Exhibit 110: ABB Ltd. - Key offerings
              • Exhibit 111: ABB Ltd. - Segment focus
            • 12.4 Danfoss AS
              • Exhibit 112: Danfoss AS - Overview
              • Exhibit 113: Danfoss AS - Business segments
              • Exhibit 114: Danfoss AS - Key news
              • Exhibit 115: Danfoss AS - Key offerings
              • Exhibit 116: Danfoss AS - Segment focus
            • 12.5 Delta Electronics Inc.
              • Exhibit 117: Delta Electronics Inc. - Overview
              • Exhibit 118: Delta Electronics Inc. - Business segments
              • Exhibit 119: Delta Electronics Inc. - Key offerings
              • Exhibit 120: Delta Electronics Inc. - Segment focus
            • 12.6 Emerson Electric Co.
              • Exhibit 121: Emerson Electric Co. - Overview
              • Exhibit 122: Emerson Electric Co. - Business segments
              • Exhibit 123: Emerson Electric Co. - Key news
              • Exhibit 124: Emerson Electric Co. - Key offerings
              • Exhibit 125: Emerson Electric Co. - Segment focus
            • 12.7 FANUC Corp.
              • Exhibit 126: FANUC Corp. - Overview
              • Exhibit 127: FANUC Corp. - Product / Service
              • Exhibit 128: FANUC Corp. - Key offerings
            • 12.8 Mitsubishi Electric Corp.
              • Exhibit 129: Mitsubishi Electric Corp. - Overview
              • Exhibit 130: Mitsubishi Electric Corp. - Business segments
              • Exhibit 131: Mitsubishi Electric Corp. - Key news
              • Exhibit 132: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 133: Mitsubishi Electric Corp. - Segment focus
            • 12.9 Nidec Corp.
              • Exhibit 134: Nidec Corp. - Overview
              • Exhibit 135: Nidec Corp. - Business segments
              • Exhibit 136: Nidec Corp. - Key news
              • Exhibit 137: Nidec Corp. - Key offerings
              • Exhibit 138: Nidec Corp. - Segment focus
            • 12.10 OMRON Corp.
              • Exhibit 139: OMRON Corp. - Overview
              • Exhibit 140: OMRON Corp. - Business segments
              • Exhibit 141: OMRON Corp. - Key news
              • Exhibit 142: OMRON Corp. - Key offerings
              • Exhibit 143: OMRON Corp. - Segment focus
            • 12.11 Regal Rexnord Corp.
              • Exhibit 144: Regal Rexnord Corp. - Overview
              • Exhibit 145: Regal Rexnord Corp. - Business segments
              • Exhibit 146: Regal Rexnord Corp. - Key offerings
              • Exhibit 147: Regal Rexnord Corp. - Segment focus
            • 12.12 Robert Bosch GmbH
              • Exhibit 148: Robert Bosch GmbH - Overview
              • Exhibit 149: Robert Bosch GmbH - Business segments
              • Exhibit 150: Robert Bosch GmbH - Key news
              • Exhibit 151: Robert Bosch GmbH - Key offerings
              • Exhibit 152: Robert Bosch GmbH - Segment focus
            • 12.13 Rockwell Automation Inc.
              • Exhibit 153: Rockwell Automation Inc. - Overview
              • Exhibit 154: Rockwell Automation Inc. - Business segments
              • Exhibit 155: Rockwell Automation Inc. - Key news
              • Exhibit 156: Rockwell Automation Inc. - Key offerings
              • Exhibit 157: Rockwell Automation Inc. - Segment focus
            • 12.14 Rozum Robotics
              • Exhibit 158: Rozum Robotics - Overview
              • Exhibit 159: Rozum Robotics - Product / Service
              • Exhibit 160: Rozum Robotics - Key offerings
            • 12.15 Schneider Electric SE
              • Exhibit 161: Schneider Electric SE - Overview
              • Exhibit 162: Schneider Electric SE - Business segments
              • Exhibit 163: Schneider Electric SE - Key news
              • Exhibit 164: Schneider Electric SE - Key offerings
              • Exhibit 165: Schneider Electric SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 166: Siemens AG - Overview
              • Exhibit 167: Siemens AG - Business segments
              • Exhibit 168: Siemens AG - Key news
              • Exhibit 169: Siemens AG - Key offerings
              • Exhibit 170: Siemens AG - Segment focus
            • 12.17 Yaskawa Electric Corp.
              • Exhibit 171: Yaskawa Electric Corp. - Overview
              • Exhibit 172: Yaskawa Electric Corp. - Business segments
              • Exhibit 173: Yaskawa Electric Corp. - Key offerings
              • Exhibit 174: Yaskawa Electric Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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