Global DC Servo Motors Market Anticipated To Reach 6.3 Billion USD By 2022

Date: 2018-02-05

A DC Servo Motors is a rotary actuator or linear actuator that allows for precise control of angular or linear position, velocity and acceleration. It consists of a suitable motor coupled to a sensor for position feedback. It also requires a relatively sophisticated controller, often a dedicated module designed specifically for use with servomotors.

The rising demand of DC servo motors in variety of applications such as packaging, automation, textile, motion control, semiconductors, and electronics has driving the innovation in intelligent manufacturing, owing to global industrialization, DC servo motors are expected to widely apply to control the movement of systems in maintaining high accuracy, increasing production output. According to research, the global DC Servo Motors is projected to reach 6.3 billion USD by 2022, a CAGR of 7.1% for the forecast period 2018-2022.

On the basis of application, the automotive segment accounted for the largest market share and is expected to grow at a highest CAGR of 7.6% during the forecast period owing to the continually increasing production for electric cars; industrial is expected to hold the second largest share in the market due to growing industrialization with businesses globally, followed by semiconductors and electronics, food processing, textile, healthcare. 

Geographically, in terms of demand, the Asia Pacific is expected to be the largest market as well as register a highest CAGR during the forecast, China is expected to be the leading role of global DC Servo Motors market primarily driven by large scale industrial and manufacturing practices, followed by Europe and North America.

Global top manufacturers operating in DC Servo Motors market are Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Siemens AG, Schneider Electric, Rockwell Automation Inc, ABB ltd., KINCO Automation Ltd, Delta Electronics, Emerson Electric Co. and Adtech Technology Co among others.

Global DC Servo Motors market share by geography as following:

Read Full Report: http://www.gosreports.com/global-dc-servo-motors-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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