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Global Servo and Stepper Motors Market 2017-2021

Global Servo and Stepper Motors Market 2017-2021

About Servo and Stepper Motors

Servo motors work in a closed loop system; the motion and final position of the rotor are easily controlled using position feedback. The servo motor's digital-analog converter provides an input signal for directing the command to the output shaft. Normal motors run at full speed when voltage is applied, but servo motors rotate at a certain angle based on the electrical signal. Stepper motors work in an open loop system; they offer low torque option and provide high initial torque when compared with servo motors. Their cost is low and they require less cabling, which helps in easy integration. Stepper motors work in open loop without any encoders; as they move in steps, the electrical signal specifies the number of steps to move across.

Technavio’s analysts forecast the global servo and stepper motors market to grow at a CAGR of 5.49% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global servo and stepper motors market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of servo and stepper motors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Servo and Stepper Motors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Applied Motion Products
  • FAULHABER
  • Nippon Pulse
  • Schneider Electric
Other prominent vendors
  • AMTEK
  • Emerson
  • Mini Motor
  • Moog
  • Nidec
  • Phytron
  • TECO Electro Devices
  • Azbil
Market driver
  • Need for precise control over rotor movement
  • For a full, detailed list, view our report
Market challenge
  • Lower adoption of servo motors in SMEs due to high cost
  • For a full, detailed list, view our report
Market trend
  • Increased adoption of IoT in motors and drives
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Market landscape
    • Market size and forecast
      • Table Global servo and stepper motors market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global servo and stepper motors market by type 2016 and 2021 (% share)
    • Global servo motors market
      • Table Global servo motors market 2016-2021 ($ billions)
    • Global stepper motors market
      • Table Global stepper motors market 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global servo and stepper motors by end-user 2016 and 2021 (%)
    • Global servo and stepper motors market in process industry
      • Table Global servo and stepper motors in the process industry 2016-2021 ($ billions)
      • Table Key application areas of servo and stepper motors in the process industry
    • Global servo and stepper motors market in discrete industry
      • Table Global servo and stepper motors in the discrete industry 2016-2021 ($ billions)
      • Table Key application areas of servo and stepper motors in the discrete industry
  • Geographical segmentation
    • Market overview
      • Table Market share of servo and stepper motors by geography 2016 and 2021 (% share)
    • Servo and stepper motors market in APAC
      • Table Servo and stepper motors market in APAC 2016-2021 ($ billions)
      • Table Key investments in the oil and gas industry in APAC
    • Servo and stepper motors market in EMEA
      • Table Servo and stepper motors market in EMEA 2016-2021 ($ billions)
    • Servo and stepper motors market in the Americas
      • Table Servo and stepper motors market in the Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increased adoption of IoT in motors and drives
    • Growing need for adjustable intelligent speed drives
    • Miniaturized and customized motors for industrial automation
  • Vendor landscape
    • Competition review
    • Other prominent vendors
  • Key vendor analysis
    • Competition analysis
    • ABB
      • Table ABB: Business verticals
      • Table ABB: Industries served
      • Table ABB: Product offerings
    • Applied Motion Products
      • Table Applied Motion Products: Product offerings
    • FAULHABER
      • Table End-user industries served
      • Table FAULHABER: Product offerings
    • Nippon Pulse
      • Table Nippon Pulse: Industrial offerings
      • Table Nippon Pulse: Product offerings
    • Schneider Electric
      • Table Schneider Electric: Business verticals
      • Table Schneider Electric: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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