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Asia Pacific Digital Servo Motors and Drives Market Share
Major manufacturers operating across the Asia Pacific digital servo motors and drives industry are focusing toward making strategic partnerships, collaborations, agreements, and introducing new products to enhance their competitive edge over the others. Major players including Fuji Electric Co., Ltd., ABB, Yaskawa Electric Corporation., Rockwell Automation, Delta Electronics, Inc. among other, holds majority of the market share.
Asia Pacific Digital Servo Motors and Drives Market Companies
Key players operating across the industry comprising of:
- ABB
- ADVANCED Motion Controls
- Aerotech
- Allied Motion, Inc.
- Applied Motion Products Inc.
- Beckhoff Automation
- Bosch Rexroth Corporation
- Danfoss
- Delta Electronics, Inc.
- Elmo Motion Control Ltd.
- Fuji Electric Co., Ltd.
- KEB Automation
- Kollmorgen
- Mitsubishi Electric Corporation
- Rockwell Automation
- Schneider Electric
- YASKAWA ELECTRIC CORPORATION
Mention the key players involved in the digital servo motors and drives industry?
ABB, ADVANCED Motion Controls, Aerotech, Allied Motion, Inc., Applied Motion Products Inc., Beckhoff Automation, Bosch Rexroth Corporation, Danfoss, Delta Electronics, Inc., Elmo Motion Control Ltd., Fuji Electric Co., Ltd, and KEB Automation among others.
How big is China digital servo motors and drives industry?
China digital servo motors and drives market value is set to reach over USD 2.2 billion by 2032 owing to the ongoing expansion in the manufacturing sector, along with rising demand for energy efficient systems across industrial applications
Why is the demand for AC digital servo motors and drives growing in Asia Pacific?
AC drives segment in the Asia Pacific digital servo motors and drives market is set to generate over USD 4 billion by 2032 due to growing automation across variety of industrial applications along with introduction of industry 4.0.
What is the size of Asia Pacific digital servo motors and drives industry?
Asia Pacific servo motors and drives market size was estimated at USD 3.4 billion in 2023 and is projected to record a 6.1% CAGR through 2032 due to ongoing automation across various industries.