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Servo Actuators-Global Market Insights and Sales Trends 2024
Synopsis
Servo actuators are used as a mechanism to induce or control motion in mechanical systems. They are devices which transform an input signal (usually electrical) into motion.
The global Servo Actuators market size is expected to reach US$ 3250.1 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of Servo Actuators in various end use industries. The expanding demands from the Aviation and Defense, Automotive Industry, Construction and Mining and Machine Tool, are propelling Servo Actuators market. AC Servo Actuators, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the DC Servo Actuators segment is estimated at % CAGR for the next seven-year period.
Industrial automation is the process of applying intelligent technology to industrial processes to replace manual, tedious, repetitive tasks with highly efficient and automated workflows. Furthermore, automation helps in reduction of manufacturing costs, increases productivity, enhances quality, and industrial safety. Moreover, it improves process control and significantly reduce lead times compared to outsourcing or going overseas. The global industrial automation market was valued at $196.4 billion in 2021, and is projected to reach $443.5 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Servo Actuators, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Servo Actuators market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Servo Actuators market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Servo Actuators sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Servo Actuators covered in this report include Moog, MotiCont, SKF, Tolomatic, Wittenstein, Electromate, Harmonic Drive AG, ATB Automation and Bosch Rexroth, etc.
The global Servo Actuators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Moog
MotiCont
SKF
Tolomatic
Wittenstein
Electromate
Harmonic Drive AG
ATB Automation
Bosch Rexroth
DGR Electric Cylinder
Hitec
DGR Electric Cylinder
Hitec
Actuonix
KEB
Zeroerr
Servo Dynamics
SINFONIA TECHNOLOGY CO., LTD
Global Servo Actuators market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Servo Actuators market, Segment by Type:
AC Servo Actuators
DC Servo Actuators
Global Servo Actuators market, by Application
Aviation and Defense
Automotive Industry
Construction and Mining
Machine Tool
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Servo Actuators manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Servo Actuators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Servo actuators are used as a mechanism to induce or control motion in mechanical systems. They are devices which transform an input signal (usually electrical) into motion.
The global Servo Actuators market size is expected to reach US$ 3250.1 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of Servo Actuators in various end use industries. The expanding demands from the Aviation and Defense, Automotive Industry, Construction and Mining and Machine Tool, are propelling Servo Actuators market. AC Servo Actuators, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the DC Servo Actuators segment is estimated at % CAGR for the next seven-year period.
Industrial automation is the process of applying intelligent technology to industrial processes to replace manual, tedious, repetitive tasks with highly efficient and automated workflows. Furthermore, automation helps in reduction of manufacturing costs, increases productivity, enhances quality, and industrial safety. Moreover, it improves process control and significantly reduce lead times compared to outsourcing or going overseas. The global industrial automation market was valued at $196.4 billion in 2021, and is projected to reach $443.5 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Servo Actuators, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Servo Actuators market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Servo Actuators market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Servo Actuators sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Servo Actuators covered in this report include Moog, MotiCont, SKF, Tolomatic, Wittenstein, Electromate, Harmonic Drive AG, ATB Automation and Bosch Rexroth, etc.
The global Servo Actuators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Moog
MotiCont
SKF
Tolomatic
Wittenstein
Electromate
Harmonic Drive AG
ATB Automation
Bosch Rexroth
DGR Electric Cylinder
Hitec
DGR Electric Cylinder
Hitec
Actuonix
KEB
Zeroerr
Servo Dynamics
SINFONIA TECHNOLOGY CO., LTD
Global Servo Actuators market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Servo Actuators market, Segment by Type:
AC Servo Actuators
DC Servo Actuators
Global Servo Actuators market, by Application
Aviation and Defense
Automotive Industry
Construction and Mining
Machine Tool
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Servo Actuators manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Servo Actuators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Servo Actuators Market Overview
1.1 Servo Actuators Product Overview
1.2 Servo Actuators Market Segment by Type
1.2.1 AC Servo Actuators
1.2.2 DC Servo Actuators
1.3 Global Servo Actuators Market Size by Type
1.3.1 Global Servo Actuators Market Size Overview by Type (2018-2029)
1.3.2 Global Servo Actuators Historic Market Size Review by Type (2018-2023)
1.3.3 Global Servo Actuators Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Servo Actuators Sales Breakdown by Type (2018-2023)
1.4.2 Europe Servo Actuators Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Servo Actuators Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Servo Actuators Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Servo Actuators Sales Breakdown by Type (2018-2023)
2 Global Servo Actuators Market Competition by Company
2.1 Global Top Players by Servo Actuators Sales (2018-2023)
2.2 Global Top Players by Servo Actuators Revenue (2018-2023)
2.3 Global Top Players by Servo Actuators Price (2018-2023)
2.4 Global Top Manufacturers Servo Actuators Manufacturing Base Distribution, Sales Area, Product Type
2.5 Servo Actuators Market Competitive Situation and Trends
2.5.1 Servo Actuators Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Servo Actuators Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Servo Actuators as of 2022)
2.7 Date of Key Manufacturers Enter into Servo Actuators Market
2.8 Key Manufacturers Servo Actuators Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Servo Actuators Status and Outlook by Region
3.1 Global Servo Actuators Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Servo Actuators Historic Market Size by Region
3.2.1 Global Servo Actuators Sales in Volume by Region (2018-2023)
3.2.2 Global Servo Actuators Sales in Value by Region (2018-2023)
3.2.3 Global Servo Actuators Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Servo Actuators Forecasted Market Size by Region
3.3.1 Global Servo Actuators Sales in Volume by Region (2024-2029)
3.3.2 Global Servo Actuators Sales in Value by Region (2024-2029)
3.3.3 Global Servo Actuators Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Servo Actuators by Application
4.1 Servo Actuators Market Segment by Application
4.1.1 Aviation and Defense
4.1.2 Automotive Industry
4.1.3 Construction and Mining
4.1.4 Machine Tool
4.1.5 Others
4.2 Global Servo Actuators Market Size by Application
4.2.1 Global Servo Actuators Market Size Overview by Application (2018-2029)
4.2.2 Global Servo Actuators Historic Market Size Review by Application (2018-2023)
4.2.3 Global Servo Actuators Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Servo Actuators Sales Breakdown by Application (2018-2023)
4.3.2 Europe Servo Actuators Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Servo Actuators Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Servo Actuators Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Servo Actuators Sales Breakdown by Application (2018-2023)
5 North America Servo Actuators by Country
5.1 North America Servo Actuators Historic Market Size by Country
5.1.1 North America Servo Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Servo Actuators Sales in Volume by Country (2018-2023)
5.1.3 North America Servo Actuators Sales in Value by Country (2018-2023)
5.2 North America Servo Actuators Forecasted Market Size by Country
5.2.1 North America Servo Actuators Sales in Volume by Country (2024-2029)
5.2.2 North America Servo Actuators Sales in Value by Country (2024-2029)
6 Europe Servo Actuators by Country
6.1 Europe Servo Actuators Historic Market Size by Country
6.1.1 Europe Servo Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Servo Actuators Sales in Volume by Country (2018-2023)
6.1.3 Europe Servo Actuators Sales in Value by Country (2018-2023)
6.2 Europe Servo Actuators Forecasted Market Size by Country
6.2.1 Europe Servo Actuators Sales in Volume by Country (2024-2029)
6.2.2 Europe Servo Actuators Sales in Value by Country (2024-2029)
7 Asia-Pacific Servo Actuators by Region
7.1 Asia-Pacific Servo Actuators Historic Market Size by Region
7.1.1 Asia-Pacific Servo Actuators Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Servo Actuators Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Servo Actuators Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Servo Actuators Forecasted Market Size by Region
7.2.1 Asia-Pacific Servo Actuators Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Servo Actuators Sales in Value by Region (2024-2029)
8 Latin America Servo Actuators by Country
8.1 Latin America Servo Actuators Historic Market Size by Country
8.1.1 Latin America Servo Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Servo Actuators Sales in Volume by Country (2018-2023)
8.1.3 Latin America Servo Actuators Sales in Value by Country (2018-2023)
8.2 Latin America Servo Actuators Forecasted Market Size by Country
8.2.1 Latin America Servo Actuators Sales in Volume by Country (2024-2029)
8.2.2 Latin America Servo Actuators Sales in Value by Country (2024-2029)
9 Middle East and Africa Servo Actuators by Country
9.1 Middle East and Africa Servo Actuators Historic Market Size by Country
9.1.1 Middle East and Africa Servo Actuators Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Servo Actuators Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Servo Actuators Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Servo Actuators Forecasted Market Size by Country
9.2.1 Middle East and Africa Servo Actuators Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Servo Actuators Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Moog
10.1.1 Moog Company Information
10.1.2 Moog Introduction and Business Overview
10.1.3 Moog Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Moog Servo Actuators Products Offered
10.1.5 Moog Recent Development
10.2 MotiCont
10.2.1 MotiCont Company Information
10.2.2 MotiCont Introduction and Business Overview
10.2.3 MotiCont Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MotiCont Servo Actuators Products Offered
10.2.5 MotiCont Recent Development
10.3 SKF
10.3.1 SKF Company Information
10.3.2 SKF Introduction and Business Overview
10.3.3 SKF Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.3.4 SKF Servo Actuators Products Offered
10.3.5 SKF Recent Development
10.4 Tolomatic
10.4.1 Tolomatic Company Information
10.4.2 Tolomatic Introduction and Business Overview
10.4.3 Tolomatic Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tolomatic Servo Actuators Products Offered
10.4.5 Tolomatic Recent Development
10.5 Wittenstein
10.5.1 Wittenstein Company Information
10.5.2 Wittenstein Introduction and Business Overview
10.5.3 Wittenstein Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Wittenstein Servo Actuators Products Offered
10.5.5 Wittenstein Recent Development
10.6 Electromate
10.6.1 Electromate Company Information
10.6.2 Electromate Introduction and Business Overview
10.6.3 Electromate Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Electromate Servo Actuators Products Offered
10.6.5 Electromate Recent Development
10.7 Harmonic Drive AG
10.7.1 Harmonic Drive AG Company Information
10.7.2 Harmonic Drive AG Introduction and Business Overview
10.7.3 Harmonic Drive AG Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Harmonic Drive AG Servo Actuators Products Offered
10.7.5 Harmonic Drive AG Recent Development
10.8 ATB Automation
10.8.1 ATB Automation Company Information
10.8.2 ATB Automation Introduction and Business Overview
10.8.3 ATB Automation Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ATB Automation Servo Actuators Products Offered
10.8.5 ATB Automation Recent Development
10.9 Bosch Rexroth
10.9.1 Bosch Rexroth Company Information
10.9.2 Bosch Rexroth Introduction and Business Overview
10.9.3 Bosch Rexroth Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Bosch Rexroth Servo Actuators Products Offered
10.9.5 Bosch Rexroth Recent Development
10.10 DGR Electric Cylinder
10.10.1 DGR Electric Cylinder Company Information
10.10.2 DGR Electric Cylinder Introduction and Business Overview
10.10.3 DGR Electric Cylinder Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.10.4 DGR Electric Cylinder Servo Actuators Products Offered
10.10.5 DGR Electric Cylinder Recent Development
10.11 Hitec
10.11.1 Hitec Company Information
10.11.2 Hitec Introduction and Business Overview
10.11.3 Hitec Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hitec Servo Actuators Products Offered
10.11.5 Hitec Recent Development
10.12 DGR Electric Cylinder
10.12.1 DGR Electric Cylinder Company Information
10.12.2 DGR Electric Cylinder Introduction and Business Overview
10.12.3 DGR Electric Cylinder Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.12.4 DGR Electric Cylinder Servo Actuators Products Offered
10.12.5 DGR Electric Cylinder Recent Development
10.13 Hitec
10.13.1 Hitec Company Information
10.13.2 Hitec Introduction and Business Overview
10.13.3 Hitec Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hitec Servo Actuators Products Offered
10.13.5 Hitec Recent Development
10.14 Actuonix
10.14.1 Actuonix Company Information
10.14.2 Actuonix Introduction and Business Overview
10.14.3 Actuonix Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Actuonix Servo Actuators Products Offered
10.14.5 Actuonix Recent Development
10.15 KEB
10.15.1 KEB Company Information
10.15.2 KEB Introduction and Business Overview
10.15.3 KEB Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.15.4 KEB Servo Actuators Products Offered
10.15.5 KEB Recent Development
10.16 Zeroerr
10.16.1 Zeroerr Company Information
10.16.2 Zeroerr Introduction and Business Overview
10.16.3 Zeroerr Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Zeroerr Servo Actuators Products Offered
10.16.5 Zeroerr Recent Development
10.17 Servo Dynamics
10.17.1 Servo Dynamics Company Information
10.17.2 Servo Dynamics Introduction and Business Overview
10.17.3 Servo Dynamics Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Servo Dynamics Servo Actuators Products Offered
10.17.5 Servo Dynamics Recent Development
10.18 SINFONIA TECHNOLOGY CO., LTD
10.18.1 SINFONIA TECHNOLOGY CO., LTD Company Information
10.18.2 SINFONIA TECHNOLOGY CO., LTD Introduction and Business Overview
10.18.3 SINFONIA TECHNOLOGY CO., LTD Servo Actuators Sales, Revenue and Gross Margin (2018-2023)
10.18.4 SINFONIA TECHNOLOGY CO., LTD Servo Actuators Products Offered
10.18.5 SINFONIA TECHNOLOGY CO., LTD Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Servo Actuators Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Servo Actuators Industrial Chain Analysis
11.4 Servo Actuators Market Dynamics
11.4.1 Servo Actuators Industry Trends
11.4.2 Servo Actuators Market Drivers
11.4.3 Servo Actuators Market Challenges
11.4.4 Servo Actuators Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Servo Actuators Distributors
12.3 Servo Actuators Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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