Market Scenario
An electric motor controlled by servo mechanism can be utilized as servo motor, if DC motor controlled by servo mechanism it referred to as DC servo motor. Servo motors is used in the automation industry in which motor operates at different speed without getting overheated. Increasing advancement and rapid growth in automation is one of the factors acting as a driver for the DC servo market. Increasing demand for the energy efficient production processes and control system such as computers and robots are some of the major factors fostering the growth of the market. Increasing stringent regulation related to energy consumption and electricity prices are fuelling the growth of the market.
Segmentation
By Type
By Application:
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Key Players
The key players in the market are: Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Siemens AG, Rockwell Automation Inc., ABB ltd., Hitachi, Bosch Rexroth AG, Omron, Delta Electronics, Inc. and Bosch Rexroth AG.
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Regional Analysis
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