The Analog Servo Motors and Drives Market Size was valued at USD 9.98 billion in 2023 and is expected to reach USD 18.14 billion by 2032 and grow at a CAGR of 6.95% over the forecast period 2024-2032.
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This expansion is driven by increased demand for precise motion control among packaging, metal forming, robotics, and material handling markets. Analog systems continue to be implemented in cost-driven and legacy systems where stability and speed are mission-critical. Furthermore, advancements in analog drive efficiency and integration of analog drives into hybrid automation systems are accelerating adoption. Africa and North America's commercial space is a little behind, given that most of the metal resource is taken by Asia Pacific, the lead, but in high-performance manufacturing environments, North America and Europe still lead the charge.
Key Drivers:
Growing Demand for Precision Motion Control in Industrial Automation Accelerates Analog Servo Motors and Drives Market Growth.
The growing demand for high-accuracy motion control in many industrial automation processes is directly impacting the analog servo motors and drives market growth. The requirement of efficient and reliable motor control systems is imperative for enhancing accuracy and repeatability in metal cutting, packaging, material handling, and robotics industries. These industries tend to favour analog servo drives for their fast response times, low cost, and simplicity of merging with legacy systems. Additionally, small and medium production firms remain faithful to analog due to their strong reputation and simplicity compared to their electronic equivalents. This continued trend through both legacy and emerging automation configurations has ultimately translated into stable market expansion. With industrial upgrading continuing in alignment with markets worldwide, particularly in developing economies, there should be steady expansion in demand for analog servo systems during the forecast period.
Restrain:
Increasing Shift Toward Digital Servo Systems Hampers Analog Servo Motors and Drives Market Expansion.
The rapid transition toward advanced digital servo systems is emerging as a hindrance to the development of the analog servo motors and drives market. Digital drives offer better functionality, such as networkability, real-time monitoring, remote diagnostic facilities, and adaptive control functionality, which attracts industries adopting Industry 4.0 and intelligent manufacturing solutions. As a result, numerous organizations are focusing on digital advancements to maintain their competitiveness as well as future-proof their manufacturing lines. The shift has been gradual, but this increasing tendency is relieving analog systems in favor of digital substitutes, particularly in high-end automation and advanced applications. OEMs are also increasing investments in digital innovations, which also widens the technology gap. While a significant portion of the automation environments of several industries still rely on analog systems, their market share may be small, since the new-generation industrial control settings in many systems have a penchant for going digital.
Opportunities:
Rising Adoption of Hybrid Servo Systems Opens New Opportunities for Analog Servo Motors and Drives Market Players.
The trend towards hybrid automation systems combining analog and digital technologies is a significant driver in the analog servo motors and drives market. But most industries are not yet ready to transfer to an all-digital basis, due to cost, training, or compatibility issues. Analog servo drives can remain in the frame in hybrid environments, where they can integrate easily with digital controllers and interfaces. Analog drives that manufacturers can benefit from cost savings, while some advancements from the digital systems have not yet been lost. This trend enables analog servo products to be incorporated in modernization plans without doing complete system rework. This transition provides broader MARA market access and application diversity suited for suppliers providing analog components with flexible integration capabilities.
Challenges:
Limited Compatibility with Advanced Smart Manufacturing Platforms Challenges Analog Servo Motors and Drives Market Penetration.
A few key restraints in the analog servo motors and drives market are limited integration with advanced smart manufacturing and IIoT platforms. As factories are increasingly moving towards integrated automation and networked systems, analog drives fall short of providing features such as data analytics, remote connectivity, predictive maintenance, and communication across the network efficiently. Tools that do not support high-end diagnostic functionalities and cloud integration are limited in application in today's systems, relying on real-time data sharing and remote monitoring. This compatibility shortfall thus not only lowers operational efficiency but also acts as a drag on long-term investment for Analog Systems. Analogue products and their penetration in digitally led sectors can then be undermined by original equipment manufacturers (OEMs) who appear to have future-proofed solutions. The players of the market will have to bring innovation or have to adapt systems analog in function to fill these functional gaps without losing the principle of its benefits to remain viable.
By Drive
AC drive held the largest revenue share of 56.31% in the Analog Servo Motors and Drives Market in 2023. AC drives outperform their counterparts in high starting current handling, torque, high-speed operation, and quieter operation. Technology innovation has also helped strengthen their uptake; for instance, in September 2023, Mitsubishi Electric expanded its MELSERVO-J5 range to include high-speed HK-KT/ST servo motors, which had 3,000 rpm ratings. Likewise, Yaskawa Electric introduced its next-generation AC drives GA700 series in October 2023 with a broader range of 400V-class capacity options. These advancements fulfill a growing need for precise and effective motion control in the packaging, material handling, and robotics industries, consolidating the AC segment's dominance in the analog servo market.
The DC drives segment is expected to have the Fastest CAGR of the Analog Servo Motors and Drives Market during the forecast period. This growth is due to the demand for compact, energy-efficient, and high-precision motion control solutions in applications from automated guided vehicles (AGVs), robots, and medical equipment. Specifically, in October 2023, Applied Motion Products introduced updated models of its SM Series Servo Motors that were suitable for high-speed, low-power applications and offered magnetic encoders. Also in April 2024, JVL A/S introduced the MAC320-P brushless DC motor, delivering 320W RMS power, an Ethernet capability, and precise positioning properties. Such product innovations reflect both the high-velocity innovation currently being launched in the DC sector and its apex status to respond to the changing demand of state-of-the-art automation systems.
By Application
The Metal Cutting and Forming segment was the largest dominated sector, accounting for approximately 20.34% share in the Analog Servo Motors and Drives Market in 2023. The increase is derived from the increasing need for metal cutting and shaping processes done with efficiency and precision in industries including automobile, aerospace, and heavy machinery. For these types of applications, analog servo systems are chosen due to their trusted performance, low cost, and compatibility with installed systems. As an example, Mitsubishi Electric in Oct 2023 expanded the MELSERVO-J5 series by launching new high-speed HK-KT/ST servo motors (3,000 r/min) for high-precision metalworking applications. In addition, Siemens introduced the SINAMICS S200 servo drive system in May 2023, designed for applications that require accurate speed and torque regulation, such as metal cutting and metal forming. The fact of dust and dirt is a contributing factor to the designation of an analog servo system by the powerful needs that should be answered by those metal fabrication processes due to the previous developments.
The Warehousing segment is forecast to have the Fastest CAGR during the forecast period in the Analog Servo Motors and Drives Market. Automation in logistics and distribution centers enhances the efficiency and precision of operations, driving market growth. Analog servo systems are used in many warehousing systems, such as conveyor systems and automatic storage and retrieval systems (AS/RS), robot working picking systems, etc., as they provide accurate movement control and act reliably. Likewise, in January 2024, Aerotech Inc. unveiled the Automation1 XA4 and iXA4 PWM servo drives — extremely compact and cost-effective control solutions with integrated motion control and I/O expansion for multi-axis warehousing applications. In addition, SANYO DENKI announced in February 2024 new servo motors and amplifiers intended for high-speed and high-precision control in the factory setting, including in warehousing, to accompany its SANMOTION G servo system. The news is an indicator of increasing demand for analog servo systems for warehouses' modernization for more speedy order handling and inventory control.
Asia-Pacific region led the Analog Servo Motors and Drives Market in 2023 with a revenue share of 36.78%. The reason for this lies in the rapid industrialization of the region, its growing manufacturing base, as well as the rising implementation of automation technology. China, Japan, and South Korea are heavily investing in smart manufacturing and robots, which has propelled the demand for more accurate motion control systems. The MINAS A7 Family of servo (motor and drive) systems was introduced to the market last month (September 2023) by Panasonic Industry, featuring AI that auto sets precision tuning for reduced tuning operation time. SANYO DENKI similarly expanded its SANMOTION G servo system range in February 2024, offering high-speed and high-precision for a wide range of industrial uses. These advances are a testament to the region’s commitment to enhancing manufacturing efficacy and precision, propelling it ahead in the analog servo motors and drives market.
North America is expected to capture the Fastest CAGR of 7.98% during the forecast duration. The region has focused on advanced manufacturing, energy efficiency, and Industry 4.0 technologies as part of this effort. Increasing demand for accurate motion control solutions is led by the U.S. government's push to boost domestic semiconductor manufacturing and the adoption of EVs by the EV industry. Launched at this summer’s SPECTRUM + LOAD trade show, Siemens’ servo drive system, the SINAMICS S200, is aimed at high-precision applications, electronics, and battery production industries. KEB Automation also launched the EC High-Torque, high efficiency DL4 series of Brushless servo motors for heavy industrial machines in December 2023. North America is the undisputed analog servo motors and drives prospering region, which is characterized by tech progress, and the launches here help satisfy the demand for state of the art features.
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Hitachi – (SJ700D Series Inverter, L700 Series Inverter)
KEB Automation – (COMBIVERT F6 Servo Drive, DL3 Servo Motor)
Mitsubishi Electric – (MELSERVO-J5 Series, HG Series Servo Motors)
Nidec – (Nidec Servo Motor with In-house Magnetic Encoder, EtherCAT-Compatible Servo Amplifier)
Omron – (G5 Series Servo Motors, 1S Series Servo Drives)
Rockwell Automation – (Kinetix 5500 Servo Drive, Kinetix VP-Series Servo Motors)
Schneider Electric – (Lexium 32 Servo Drives, BMH Servo Motors)
Siemens – (SINAMICS S210 Servo Drive, SIMOTICS S-1FK2 Servo Motor)
Yaskawa – (Sigma-7 Servo Motors, Sigma-7 Servo Amplifiers)
WEG – (WEMOVE Servo Drive, WSM Series Servo Motors)
October 2024, Mitsubishi Electric Automation collaborated with Genesis Packaging Technologies to implement MR-J5 Servo Drives and Amplifiers, resulting in a 300% increase in production output. This standardization reduced lead times and enhanced compatibility with third-party devices.
December 2024, Siemens introduced the SINAMICS S210 next-generation servo-drive system, enhancing motion control in mid-range operations. This system offers high-dynamic motion control, integrated safety features up to SIL3, and is suitable for applications in packaging, printing, labeling, and more.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 9.98 Billion |
| Market Size by 2032 | USD 18.14 Billion |
| CAGR | CAGR of 6.95 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Drive – (AC, DC) •By Application – (Oil and gas, Metal cutting & forming, Material handling equipment, Packaging and labelling machinery, Robotics, Medical robotics, Rubber & plastics machinery, Warehousing, Automation, Extreme environment applications, Semiconductor machinery, AGV, Electronics, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Hitachi, KEB Automation, Mitsubishi Electric, Nidec, Omron, Rockwell Automation, Schneider Electric, Siemens, WEG, Yaskawa. |
Ans: The Analog Servo Motors and Drives Market is expected to grow at a CAGR of 6.95% from 2024-2032.
Ans: The Analog Servo Motors and Drives Market size was USD 9.98 billion in 2023 and is expected to reach USD 18.14 billion by 2032.
Ans: The major growth factor of the Analog Servo Motors and Drives Market is the increasing industrial automation demand and cost-effective motion control solutions in manufacturing sectors.
Ans: The AC segment dominated the Analog Servo Motors and Drives Market.
Ans: Asia Pacific dominated the Analog Servo Motors and Drives Market in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Industry Resilience Index (2023)
5.2 Carbon Emission Comparison (2023)
5.3 Demand vs Supply Analysis (2020-2032)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Analog Servo Motors and Drives Market Segmentation, By Drive
7.1 Chapter Overview
7.2 AC
7.2.1 AC Market Trends Analysis (2020-2032)
7.2.2 AC Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3DC
7.3.1 DC Market Trends Analysis (2020-2032)
7.3.2 DC Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Analog Servo Motors and Drives Market Segmentation, By Application
8.1 Chapter Overview
8.2 Oil and gas
8.2.1 Oil and gas Market Trends Analysis (2020-2032)
8.2.2 Oil and gas Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Metal cutting & forming
8.3.1 Metal cutting & forming Market Trends Analysis (2020-2032)
8.3.2 Metal cutting & forming Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Material handling equipment
8.4.1 Material Handling Equipment Market Trends Analysis (2020-2032)
8.4.2 Material Handling Equipment Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Packaging and labelling machinery
8.5.1 Packaging and labelling machinery Market Trends Analysis (2020-2032)
8.5.2 Packaging and labelling machinery Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Robotics
8.6.1 Robotics Market Trends Analysis (2020-2032)
8.6.2 Robotics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Medical robotics
8.7.1 Medical Robotics Market Trends Analysis (2020-2032)
8.7.2 Medical Robotics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Rubber & plastics machinery
8.8.1 Rubber & plastics machinery Market Trends Analysis (2020-2032)
8.8.2 Rubber & plastics machinery Market Size Estimates and Forecasts to 2032 (USD Billion)
8.9 Warehousing
8.9.1 Warehousing Market Trends Analysis (2020-2032)
8.9.2 Warehousing Market Size Estimates and Forecasts to 2032 (USD Billion)
8.10 Automation
8.10.1 Automation Market Trends Analysis (2020-2032)
8.10.2 Automation Market Size Estimates and Forecasts to 2032 (USD Billion)
8.11 Extreme environment applications
8.11.1 Extreme environment applications Market Trends Analysis (2020-2032)
8.11.2 Extreme environment applications Market Size Estimates and Forecasts to 2032 (USD Billion)
8.12 Semiconductor machinery Market
8.12.1 Semiconductor machinery Market Trends Analysis (2020-2032)
8.12.2 Semiconductor machinery Market Size Estimates and Forecasts to 2032 (USD Billion)
8.13 AGV
8.13.1 AGV Market Trends Analysis (2020-2032)
8.13.2 AGV Market Size Estimates and Forecasts to 2032 (USD Billion)
8.14 Electronics
8.14.1 Electronics Market Trends Analysis (2020-2032)
8.14.2 Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.15 Other
8.15.1 Other Market Trends Analysis (2020-2032)
8.15.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.2.4 North America Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.2.5.2 USA Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.2.6.2 Canada Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.2.7.2 Mexico Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.1.5.2 Poland Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.1.6.2 Romania Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.4 Western Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.5.2 Germany Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.6.2 France Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.7.2 UK Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.8.2 Italy Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.9.2 Spain Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.12.2 Austria Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.4 Asia Pacific Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.5.2 China Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.5.2 India Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.5.2 Japan Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.6.2 South Korea Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.2.7.2 Vietnam Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.8.2 Singapore Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.9.2 Australia Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.1.4 Middle East Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.1.5.2 UAE Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.2.4 Africa Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Analog Servo Motors and Drives Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.6.4 Latin America Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.6.5.2 Brazil Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.6.6.2 Argentina Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.6.7.2 Colombia Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Analog Servo Motors and Drives Market Estimates and Forecasts, By Drive (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Analog Servo Motors and Drives Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 Hitachi
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 KEB Automation
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Mitsubishi Electric
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Nidec
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Omron
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Rockwell Automation
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Schneider Electric
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Siemens
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Yaskawa
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 WEG
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Products/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Drive
AC
DC
By Application
Oil and gas
Metal cutting & forming
Material handling equipment
Packaging and labelling machinery
Robotics
Medical robotics
Rubber & plastics machinery
Warehousing
Automation
Extreme environment applications
Semiconductor machinery
AGV
Electronics
Others
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Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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