Pune, India -- (SBWIRE) -- 05/07/2019 -- MarketResearchNest.com Announced that its published an Exclusive Report on "Global Servo-Drives and Servo-Amplifiers Market Growth 2019-2024" in its research database with report summary, table of content, research methodologies and data sources.

A servo drive is a special electronic amplifier used to power electric servomechanisms.

A servo drive can also be referred to as an amplifier, because it takes the control signal from the controller and amplifies it to deliver a specific amount of voltage and current to the motor.

The Servo-Drives and Servo-Amplifiers industry is relatively scattered. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top 5 producers account for about 33 % of the revenue market.

At Present, the Servo-Drives and Servo-Amplifiers market mainly concentrated in North America, Europe and Asia-Pacific. Among them, Asia-Pacific is the largest consumption region with a market share of 42% in terms of sales in 2018.

According to this study, over the next five years the Servo-Drives and Servo-Amplifiers market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 10370 million by 2024, from US$ 8041 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Servo-Drives and Servo-Amplifiers business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Servo-Drives and Servo-Amplifiers market by product type, application, key companies and key regions.

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This study considers the Servo-Drives and Servo-Amplifiers value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Less than 2KW, 2KW to 5KW, More than 5KW

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Machine Tools, Automated Manufacturing, Electronic Equipment, Others

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mitsubishi, Yaskawa, Rockwell, Fanuc, Siemens, ABB, Nidec, Schneider, Delta, Panasonic, Rexroth (Bosch), Eorive, Teco, SANYO DENKI, VandT, Inovance, Moog, Oriental Motor, Enpower, Toshiba, Greatland Electrics, ZYK

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
- To study and analyze the global Servo-Drives and Servo-Amplifiers consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Servo-Drives and Servo-Amplifiers market by identifying its various subsegments.
- Focuses on the key global Servo-Drives and Servo-Amplifiers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Servo-Drives and Servo-Amplifiers with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Servo-Drives and Servo-Amplifiers submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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