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Asia Pacific Servo Motors and Drives Market Share

Report ID: GMI10282
Published Date: Jul 2024
Report Format: PDF

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Asia Pacific Servo Motors and Drives Market Share

Major manufacturers operating across the Asia Pacific 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 industry participants including Yaskawa Electric Corporation, Fuji Electric, Danfoss, Bosch Rexroth Corporation, Siemens and, ABB, among other, accounts for the leading market share.

Asia Pacific Servo Motors and Drives Market Companies

Key players operating across the industry comprising of:

ABB
ADVANCED Motion Controls
Aerotech, Inc.
Allied Motion Technologies Inc.
Applied Motion Products Inc.
Bosch Rexroth Corporation
Danfoss
Delta Electronics, Inc.
ESTUN AUTOMATION CO., LTD
Fuji Electric Co., Ltd.
KEB Automation
Kollmorgen
Rockwell Automation
Schneider Electric
Siemens
WEG
YASKAWA ELECTRIC CORPORATION

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

Asia Pacific servo motors and drives market size was valued at USD 8.1 billion in 2023 and is set to attain 6.2% CAGR during 2024-2032, driven by growing focus on infrastructural development.

The metal cutting & forming segment of the APAC servo motors and drives market is anticipated to observe over 5% CAGR through 2032, driven by growing adoption of advanced technological machinery for metal cutting.

China servo motors and drives market is set to exceed USD 5.6 billion by 2032, driven by incorporation of advanced robotics solutions.

ABB, ADVANCED Motion Controls, Aerotech, Inc, Allied Motion Technologies Inc, Applied Motion Products Inc, Bosch Rexroth Corporation, Danfoss, and Delta Electronics, Inc. among others.