Notable industry participants across the servo drive market comprise of Schneider Electric, Delta Electronics, ABB, Bosch Rexroth, Estun Automation, Fuji Electric, Rockwell Automation and Hitachi amongst others.
— Servo Drive Market report research highlights key dynamics of the global sector. The potential of the industry has been investigated along with the key challenges. The current market scenario and prospects of the sector has also been studied.
Servo drive market share is anticipated to witness an exponential growth owing to advent of industrial automation, coupled with the product’s adoption across various industry verticals such as consumer electronics, automotive, semiconductor, food & beverage and others. Growing industrial activity, primarily in the emerging economies across the world is projected to positively impact servo drive industry outlook over 2019-2025.
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Servomechanisms are automated control systems used in robotics, CNC machines, and factory automation. Servo systems offer greater reliability and precision, as they use position feedback to account for system disturbances and errors, unlike open loop systems.
A servo amplifier or servo drive is responsible for powering the servo motor in servo system. The servo drive is an important component in determining the performance of the servo system. Servo drives offer a variety of advantages for automatic machining systems, such as superior positioning, motion control and speed.
Rise in industrial automation to add impetus to servo drive industry growth
Industrial automation heavily relies on servo drives and industrial AC drives. Servo drives provide fully digital control over torque, velocity position synchronous, linear or torque and asynchronous servo motors. Servo drives are flexible and can fit with a variety of machine designs, with key features including thermal management for operation in demanding industrial environments, optimized performance, high dynamics and reliability.
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Servo drive translates low power command signals from the controller into high power current and voltage to the motor. Depending on the application, the servo drive regulates and coordinate the motor’s desired speed, position, torque, etc.
Industries are implementing automation to reduce costs related to employees along with other expenses, while increasing precision and flexibility. With increasing advancement in control mechanisms, industries operate 24 hours a day. Productivity has increased, and errors are reduced. Common industrial automation applications include packaging, food, logistics systems, tool machines, robotics, etc. Rising investments toward the development of industrial automation will influence servo drive market trends over the forecast period.
Extensive usage of servo drives in motion controllers in F&B industry
The food and beverage industry for the most part makes its money on high volume production, and it is not surprising to find that OEMs are increasingly adding motion control to beverage machines ranging from cappers and fillers to cartoners, as well as to case packers. Utilizing servo drives, servo motors provide responsiveness, speed, reliability and flexibility, that brings machine builders and end users a competitive edge and fast return on investment.
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Cartoning line is the weakest spot in product handling and loading. In the beverage industry, processes can run at up to 2000 cans/bottles per minute. In traditional machine, jamming conditions are painstaking, as the operator has to manually resynchronize and restart the process that can take much longer. This can lead to heavy financial losses, due to disruption in production. With automated shafting & synchronization, frequency of jams drops. If a problem arises, the operator just has to remove the jam and restart the machine and the motion picks up right where it left off at full production speed.
Servo drives with processing capability help simplifying maintenance and have intelligence to monitor hundreds of parameters. These drives can send an alert to maintenance when they need to be replaced. Replacement can be as simple as switching off the machine, removing the failed device, installing new smart cards and powering back up. Enhanced adoption of high-end technology drives to explore the untapped potential in F&B industry is estimated to expand the servo drive market over the forecast timespan.
Growing application in military and aerospace sector to increase servo drive industry share
Aerospace and military equipment need to be reliable and responsive when in the line of duty. Servo drives offer the defense industry far more flexibility in control, allowing for high-power capabilities in their devices and advanced precision, that results in high performance under extreme conditions.
Utilization of automated technology in military combat has dramatically increased over the last few decades, like installing 360 degree electro-optical sensors on vehicle systems for reliable and consistent motion on gun turrets. Defense and aerospace industries heavily rely on motion control applications.
Servo motors are becoming indispensable in the modern industrial ecosystem where automation is the key to high volume production. Servo motors provide precise positioning and control besides offering unique advantages in the applications where they are utilized. Compared to their size, servo motors offer high output, increased torque-to-inertia ratios and high levels of efficiency. They are also gaining precedence of application due to cooler temperatures and quitter operations. Due to their wide-ranging applications, Global Market Insights estimates servo market size to surpass $10 billion by 2025.
Partial Table of Contents (ToC) of the report:
Chapter 4 Servo Drive Market, By Category
4.1 Servo drive market share by category, 2018 & 2025
4.2.1 Global market from digital, 2014 – 2025
4.2.2 Global market from digital, by region, 2014 - 2025
4.3.1 Global market from analog, 2014 – 2025
4.3.2 Global market from analog, by region, 2014 - 2025
Chapter 5 Servo Drive Market, By Drive Technology
5.1 Servo drive market share by drive technology, 2018 & 2025
5.2 AC Drive
5.2.1 Global market from AC drive, 2014 – 2025
5.2.2 Global market from AC drive, by region, 2014 - 2025
5.3 DC Drive
5.3.1 Global market from DC drive, 2014 – 2025
5.3.2 Global market from DC drive, by region, 2014 - 2025
Chapter 6 Servo Drive Market, By Voltage
6.1 Servo drive market share by voltage, 2018 & 2025
6.2.1 Global market from low, 2014 – 2025
6.2.2 Global market from low, by region, 2014 - 2025
6.3.1 Global market from medium, 2014 – 2025
6.3.2 Global market from medium, by region, 2014 - 2025
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Organization: Global Market Insights, Inc.
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