An AC servomotor is a type of electric motor for precise control of angular position, velocity, and torque. It consists of a motor, a sensor, and a drive/controller. The drive/controller is used for regulating the speed, direction, and torque of the motor.
AC servomotors are used in many applications, such as robotics, machine tools, factory automation, and other industrial systems. They provide accurate control of position and speed which helps to ensure precise and repeatable processes. They also offer high efficiency and low maintenance requirements compared to conventional motors.
This is due to increasing demand for automation and increasing adoption of industrial robots. In addition, increasing use of servomotors in medical equipment, automation, and consumer electronics is expected to further drive the market. This is attributed to growing need for efficient and accurate movements, construction machinery, and power tools.
Key players in the AC servomotor market include Siemens AG, Yaskawa Electric Corporation, Rockwell Automation, Inc., and Mitsubishi Electric Corporation.
The global AC Servomotors market was valued at US$ 7913.4 million in 2022 and is anticipated to reach US$ 10170 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global AC Servomotors Market available at: https://www.themarketreports.com/report/global-ac-servomotors-market-research-report
This report aims to provide a comprehensive presentation of the global market for AC Servomotors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AC Servomotors.
The leading players are Yaskawa, Mitsubishi, Fanuc and Siemens etc. The potential market for the AC servomotors are the countries with active industry activities, especially in China, India and Southeast Asia.
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