Sustainability Initiatives and Emerging Economies Increase Demand for Medium Voltage Motors

Emerging economies, urbanization, and global trends like sustainability, energy efficiency, and digitalization are shaping the medium voltage (MV) motors market. Emerging economies with the continuing demand for energy and new infrastructure, and the growing middle class with the potential for strong consumer spending form a solid foundation for the long-term growth of the medium voltage motors market. Demand from semiconductors, electrical & electronics, battery manufacturing, and renewables sectors continue to expand. Sustainability initiatives for carbon neutrality, investments from green energy, and hydrogen energy projects, all these factors will drive the growth for MV motors in the coming years.

"Motors are being updated with new features to fulfill market demands and increase their value proposition, such as the growing demand for smart connected products based on industrial IoT. Smart, connected products provide opportunities to increase operational efficiency from the plant floor to the supply chain by optimizing data, information, and analytics. Industrial IoT will improve industrial processes, driving the use of more automation, including MV motors. Predictive maintenance via remote monitoring services provided by the original equipment manufacturer (OEM) is gaining focus in industrial machinery markets," according to Naresh Surepelly, Market Analyst and key author of ARC's Integral Horsepower Medium Voltage Motors Market Research Report.

Medium Voltage Motors Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • New Hydrogen Projects 
  • Sustainability
  • New Battery Manufacturing Plants 
  • Energy Efficiency
  • New Technologies
  • Industrial IoT and Industry 4.0
  • Digitalization of Industrial Operations 
  • Growing Infrastructure Investments

Leading Suppliers to the Medium Voltage Motors Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Siemens, TECO, WEG, and Wolong Electric Group.

About the Medium Voltage Motors Research

Medium Voltage Motors Market TrendsThe Medium Voltage Motors report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 4 years of historical analysis segmented by Machinery by Segment, Revenue Category, Sales Channel, World Region, Industry, Customer Type, Hardware Revenues by Power, Hardware by Power, Hardware Revenues by Voltage Rating, Hardware Revenues by Motor Structure, and Hardware Revenues by Hazardous Rating.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 4 years of historical analysis.
  • Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Medium Voltage AC Drives: Digitalization Is a Necessity for Sustainable Operations

New ARC Advisory Group research on the Medium Voltage AC Drives market reveals that digitalization enables ease of maintenance, productivity, and efficiency, that is necessary for sustainable plant operations. Digitalization in the drive technology allows transparency and easy access to relevant data of motors and converters, data analysis, monitoring the status and performance of the drive system, and to predict equipment failures beforehand, minimizing unnecessary shutdowns that can cost millions of dollars. End user companies could reap significant improvement in their operating performance, enabling them to succeed in today’s highly competitive market by embracing such technologies.

"Connected machines and digitalization will enhance the performance of industrial plants. Digitalization solutions for drive systems enables the continuous monitoring of critical parameters by providing real-time data about the condition of components of drive systems such as motors, drives, filter units, transformers, etc., and uses this information to provide a variety of process optimization measures. Trouble-free operation of the production plant is the top priority of any plant owner, and digitally enabled drive systems predict equipment failures in advance and prevents unplanned shutdowns that can cost millions of dollars," according to Anju Ajaykumar, Market Analyst and key author of ARC's Medium Voltage AC Drives Market Research Report.

Medium Voltage AC Drives Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • Connected Machines and Digitalization 
  • Decarbonization
  • Remote Monitoring Services 
  • Retrofit Demand

Leading Suppliers to the Medium Voltage AC Drives  Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, General Electric, Rockwell Automation, Siemens, and TMEIC.

About the Medium Voltage AC Drives  Research

Medium Voltage AC Drives Market TrendsThe Medium Voltage AC Drives  report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Machinery by Segment, Drive Size, Hardware by Component, Revenue Category, Sales Channel, World Region, Industry, Customer Type, Cooling Method, and Motor Voltage.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
  • Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Demand for Decarbonization Enhances Adoption of Low Power AC Drives

New ARC Advisory Group research on the Low Power AC Drives market reveals that demand for decarbonization and achieving the net zero emission targets propels the adoption of AC drives. Deployment of AC drive technology helps to reduce energy consumption and carbon emissions. Increasing energy efficiency in all processes is crucial in preventing climate change. Industrial operations must continue to optimize performance, increase energy efficiency, and minimize waste to balance rising energy demand and support global warming initiatives.

"As the need for decarbonization gains traction across industries, investment in green infrastructure will rise. Energy-efficient AC drives help to save a significant amount of energy by adapting capacity to the exact power demand and facilitate significant energy savings and smaller CO2 footprint. As industries such as power, oil & gas, steel, automotive, and cement move ahead toward the objective of low carbon footprint, there will be significant investments in AC drive technology," according to Anju Ajaykumar, Market Analyst and key author of ARC's Low Power AC Drives Market Research Report.

Low Power AC Drives Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • Battery Manufacturing 
  • Decarbonization
  • Deployment of 5G Network 
  • Energy Efficiency Regulations 
  • Intelligent Drive Solutions 
  • Surge in E-commerce Activities

Leading Suppliers to the Low Power AC Drives  Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Danfoss, Rockwell Automation, Schneider Electric, and Siemens.

About the Low Power AC Drives Research

Low Power AC Drives Market TrendsThe Low Power AC Drives report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Machinery by Segment, Drive Size, Hardware by Component, Revenue Category, Sales Channel, Topology, Voltage, World Region, Industry, Configuration, Customer Type, Decentralized Package, and Mode of Operation.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
  • Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Intelligent Drives Optimize Productivity and Improve Efficiency

New ARC Advisory Group research on the Low Voltage AC Drives market reveals that intelligent AC drives with advanced features monitor operational performance, optimize productivity, and enhance efficiency. Innovations in sensor instrumentation, embedded advanced control algorithms, and predictive condition monitoring are critical for connected infrastructure. Connectivity has become a necessity and AC drives are evolving into intelligent sensors, providing real-time drive data as well as data of connected machines, allowing for more visibility into the current condition of the equipment, enabling condition-based monitoring or predictive maintenance, ultimately benefiting plant operation.

"AC drives with an embedded condition-based monitoring ability provide indications of the condition of the drive, motor, and application. The analytical signals are used to trigger maintenance and make system design improvements. IoT technology has enabled AC drives to stay connected and report real-time data such as machine usage, throughputs, energy consumption, and device health which can be used to improve efficiency, uptime, and productivity," according to Anju Ajaykumar Market Analyst and key author of ARC's Low Voltage AC Drives Market Research Report.

Low Voltage AC Drives Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • Battery Manufacturing 
  • Decarbonization
  • Deployment of 5G Network 
  • Energy Efficiency Regulations 
  • Intelligent Drive Solutions 
  • Surge in E-commerce Activities

Leading Suppliers to the Low Voltage AC Drives Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Danfoss, Rockwell Automation, Schneider Electric, and Siemens.

About the Low Voltage AC Drives Research

Low Voltage AC Drives Market TrendsThe Low Voltage AC Drives report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Machinery by Segment, Drive Size, Hardware by Component, Revenue Category, Sales Channel, Topology, Voltage, World Region, Industry, Configuration, Customer Type, and Decentralized Package.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.  Available with up to 5 years of historical analysis.
  • Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Digitalization Restructures the Market for Geared Motors

ARC Advisory Group’s new market research report on Geared Motors reveals that the digitalization of industrial processes is supported by the integration of drives, PLCs, and geared motors. Geared motors help enhance the operation of industrial facilities by supplying information about real-time motor driving characteristics, which indicate the states of the drive mechanism and the machinery. This data may be leveraged in edge devices and cloud infrastructure. Geared motors are gaining market share as their modular design and flexible usage make them cost-effective. Machines and industries around the world are being restructured because of digitalization and increased connectivity. Industrial devices equipped with geared motors may now be operated and monitored more intelligently than before, independent of location.
 
"Geared motors are used in material handling applications and are therefore found in several industry verticals. Market growth drivers include a steady demand from the food & beverage industry and long-term growth in the transportation & logistics sector. Road construction machinery is a major end user of geared motors. Geared motors are getting smarter and more sophisticated, with features such as program execution in addition to fundamental motor controls. Geared motors with condition-based monitoring capabilities give feedback on the drive, motor, and application‘s health. Analytical signals are used to initiate maintenance and enhance system design," according to Siddhartha Maiti, Market Analyst and key author of ARC's Geared Motors Market Research Report.

Geared Motors Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • Convergence of IT and OT 
  • Energy Efficiency
  • Increased Investment in Digital Twins, AI, and IoT 
  • Industrial 5G
  • Motors Evolving with PCB Stators

Leading Suppliers to the Geared Motors Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Lenze, Nord, SEW Eurodrive, Sumitomo Heavy Industries.

About the Geared Motors Research

Geared Motors Market TrendsThe Geared Motors report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Machinery Segment, Sales Channel, World Region, Industry, Customer Type, Value Add, Torque, Power Type, Gear Type, Connectivity.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
  • Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Higher Energy Efficient Motors Support Sustainability Initiatives

ARC’s new research report on the Integral Horsepower (IHP) Low Voltage Motors market provides strategic insight into the market and includes quantitative assessments and forecasts of various segmentations, as well as analyses of world regions and industries. Products included in this market analysis are alternating current (AC) asynchronous and synchronous motors, gearmotors, and direct current (DC) motors operating at voltages of 690 V. or less. Growth tempered with sustainability is the objective of forward-thinking companies. More people, especially in emerging nations are shifting to cities, often for economic benefits, and this dynamic is creating a demand for better urban infrastructure. This increases the direct use of motors in various applications as well as supporting industries, such as metals, mining, cement & glass, and chemical. Also, in most developed countries, many aging infrastructures need to be modernized. Sustainability initiatives for carbon neutrality, hydrogen energy projects, strong recovery from the machinery and automotive segments further support this high growth.

"Decarbonization or carbon neutrality targets push manufacturing and energy companies to limit their carbon emissions and to invest in sustainable energy efficient solutions and green energy sources. LV motors: IE3, IE4, and IE5 or IE5 compliant, which offer higher energy efficiencies support sustainability needs to curtail global carbon emissions as motors account for a large share of energy usage in the industry. Energy efficiency of low voltage motors has increased dramatically in recent years due to technological advances and regulations to improve energy efficiency. Higher energy-efficient motors, including IE3 and IE4 are becoming increasingly important in the market. A handful of suppliers also have IE5 and/or IE5 complaint motors that are designed to meet IE5 ultra- premium energy efficiency standards," according to Naresh Surepelly, Market Analyst and key author of ARC's Integral Horsepower Low Voltage Motors Market Research Report.

IHP Low Voltage Motors Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

  • 5G Infrastructure Investments 
  • Digitalization
  • Electric Vehicles 
  • Energy Efficiency 
  • Global Trends
  • Growth from E-commerce 
  • IE5 Motors
  • New Designs
  • Policies for Energy Efficiency 
  • Sustainability

Leading Suppliers to the IHP Low Voltage Motors Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, SEW Eurodrive, Siemens, WEG, Wolong Electric Group.

About the IHP Low Voltage Motors Research

Low Voltage Motors Market TrendsThe Low Voltage Motors report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Machinery by Segment, Revenue Category, Sales Channel, World Region, Industry, Customer Type, Motor by Type, By Usage Environment, By Power Rating, By Frame Type, By Efficiency Class.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

  • Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
  • Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New Technologies and Infrastructure Investments Create Demand for Medium Voltage Motors

New ARC Advisory Group research reveals that the integral horsepower (IHP) medium voltage (MV) portion of the industrial motors market saw growth in 2019.  This was due largely to capital investments in the mining, metals, oil & gas, refining, and water & wastewater industries.  Looking ahead, Asia will experience the strongest increase in investments in medium voltage motors over the five-year forecast period.  ARC anticipates that government policies in emerging economies in Asia will continue to focus on improving infrastructure, which should help create continuous demand for MV motors.  Emerging technologies will also contribute to market growth.

“The deployment of new technologies such as 5G networks, edge computing, and technology for electric vehicles and related infrastructure will drive the need for new network infrastructure.  This, in turn, should drive growth in the electrical & electronics, metals, mining, and semiconductor industries, which all require the type of motors explored in this market research,” according to Naresh K. Surepelly, Senior Analyst at ARC Advisory Group and key author of ARC’s Integral Horsepower Medium Voltage Motors Global Market Research report.

Leading Suppliers to the IHP Medium Voltage Motors Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include ABB, Siemens, and Wolong Electric Group.  

About the IHP Medium Voltage Motors Research

Medium Voltage Motors Market TrendsThis ARC research explores current and historical market performance and related technology and business trends, identifies leading suppliers, and provides five-year global forecasts for the MV motors market across the entire spectrum of power and voltage ranges.  Power ranges are segmented into, up to 200kW, >200 to 600kW, >0.6 to 3MW, >3 to 7.5MW, >7.5 to 10MW, >10 to 20MW, and >20MW.  Voltage (kV) ratings are segmented into, 1 to 2.3kV, >2.3 to 3.3kV, >3.3 to 5kV, >5 to 7.2kV, >7.2 to 11kV, and > 11kV.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by power ranges, voltage ratings, motor end equipment type, industry, machinery segmentations, sales channels, and customer type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

  • Market Intelligence Workbook (Excel) – This personalized spreadsheet includes up to two years of historical data in addition to the current base year market data and five-year market forecast.  The workbook enables licensed users to freely manipulate the latest data to make it easier to analyze for business intelligence and generate custom reports.
  • Concise Presentation Market Analysis Report (PDF) – This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues.  The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

IoT-enabled Remote Monitoring Capabilities Drive Growth in the Integral Horsepower Low Voltage Motors Market

New ARC Advisory Group research on the integral horsepower (IHP) low voltage (LV) motors reveals growing demand for the latest Industrial IoT-connected motors to support remote condition monitoring and help optimize the performance on these major industrial assets.  Another key driver for market growth is the widespread need for more  energy-efficient IHP LV motors.  Most major global suppliers now offer both IE4 (Super-premium Efficiency) and even IE5 (Ultra-premium Efficiency) motors, albeit typically at a premium price.

“With motors being a major asset and major consumers of electrical energy in many industries, Industrial IoT plays an important role in condition monitoring and optimizing performance of the motors. Most major global suppliers now offer motors that are mounted with IoT sensors and associated remote monitoring services.  Going forward, this trend will increase as market awareness of the benefits of Industrial IoT and data analytical services increase,” according to Naresh K. Surepelly, Senior Analyst at ARC Advisory Group and key author of ARC’s Integral Horsepower Low Voltage Motors Global Market Research report.

Leading Suppliers to the Integral Horsepower Low Voltage Motors Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include: ABB, SEW-EURODRIVE, and Siemens.   

About the Integral Horsepower Low Voltage Motors Research

Integral Horsepower Low Voltage Motors Market TrendsThis ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the IHP LV Motor market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts for motors operating at voltages of 690 or less by power ranges 0.75- 5 kW, >5-40 kW, >40-200 kW, >200-600 kW, and >600 kW, efficiency class, industry, machinery segmentations, revenue category, sales channels, and customer type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

  • Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to three years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
  • Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Servo Drives and Motors Support Digital Transformation for Connected Machines

New ARC Advisory Group research on the Servo Drives and Motors market reveals that in the short term, the market will grow at a slower pace due to the adverse impact of the COVID-19 pandemic.  However, as industrial organizations seek automation solutions that support their energy conservation and other sustainability initiatives, the market should recover to a growth trajectory over the forecast period.  Servo drives, motors, and other modern automation components are required to support digitalization trends. This requires integrated connectivity, memory, and processing capabilities for easy interface and data transfer between a chain of automation components.  

“Servo drives and motors fulfill many market demands, such as the growing demand for smart connected products.  This increases their value proposition.  Servo drives and motors are being updated with new features such as security, analytics, safety, simulation, and Ethernet-based connectivity to support Industrial IoT and Industry 4.0 initiatives,” according to Rajkumar Paira, Senior Analyst at ARC Advisory Group and key author of ARC’s  Servo Drives and Motors Global Market Research report.

Leading Suppliers to the Servo Drives and Motors Market Identified 

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include Mitsubishi Electric, Panasonic,  Siemens, and Yaskawa.

About the Servo Drives and Motors Research

Servo Drives and Motors Market TrendsThis ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the servo drives and motors market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques.  The research includes competitive analysis, plus five-year market forecasts by power range, region, industry, machinery segmentations, voltage, sales channels, and customer type.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

  • Market Intelligence Workbook (Excel) – personalized spreadsheet includes two years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
  • Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

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