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Technavio Announces Top Five Vendors in the Global Servo Motors and Drives Market from 2016 to 2020Technavio has announced the top five leading vendors in their recent global servo motors and drives market 2016-2020 report. This research report also lists seven other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape The global servo motors and drives market is fragmented among large automation vendors. Many large automation vendors have a strong presence in both the high-end and low-end drive segments of the market. Most vendors are vertically integrated and offer end-to-end solutions and products. Additionally, several core vendors offer AC drives to manufacturing industries as per their requirements. According to Anju Ajaykumar, a lead analyst at Technavio for tools and components research, "The competitive environment in this market is likely to intensify further with an increase in R&D innovations in the near future. The key players in the market are diversifying their geographical presence with focus towards APAC." The report also states that the use of high-end drives is increasing at a high rate with growth in industries such as power, infrastructure, oil and gas, and water and wastewater treatment. The need for increased energy efficiency is one of the major factors driving the use of high-voltage AC servo motors, which in turn fuels the demand for high-end drives. Request for sample report: http://goo.gl/IhEI64 Key vendors: Baldor Electric Baldor Electric was founded in 1920 and is headquartered in Fort Smith, Arkansas, US. The company designs, manufactures, and markets electrical equipment. It operates as a subsidiary of ABB (a leading power and automation technology company) since 2011. Baldor Electric has established its presence in the equipment and machinery sector with its wide range of offerings. The company offers various types of servo motors and drives. Siemens was established in 1847 and is headquartered in Munich, Germany. It is a German-based multinational conglomerate with core activities in the fields of energy, healthcare, industry, and infrastructure sectors. It focuses on the areas of electrification, automation, and digitalization. The company produces energy-efficient and resource-saving technologies. It supplies systems for power generation and transmission, and medical diagnosis. Also, the company specializes in infrastructure and industry solutions. Rockwell Automation (News - Alert) Rockwell Automation, founded in 1903 and has its headquarters in Milwaukee, Wisconsin, US. The company offers industrial automation power, control, and information solutions. It serves diverse industries, including food and beverage, transportation, oil and gas, metals, mining, and life sciences. The company markets products via independent distributors and direct sales force in the US, Canada, Europe, Africa, the Middle East, APAC, and Latin America. Mitsubishi (News - Alert) Electric Mitsubishi Electric was established in 1921. The company is headquartered in Tokyo, Japan. It manufactures and markets electrical and electronic products and systems worldwide. Its products are used in energy and electric systems, industrial automation, information and communication systems, electronic devices, and home appliances. Yaskawa Electric Yaskawa Electric was established in 1915 and is headquartered in Kitakyushu, Japan. The company designs, manufactures, and markets a wide range of mechatronic products in Japan and also globally. The key products in the motion control segment of the company include servo drives (rotary servo motors, direct drive servo motors, linear servo motors, and linear sliders) and controllers (machine controllers, motion adaptors, and machine vision systems). Browse Related Reports:
Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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