This report describes the market trends, drivers, and challenges with respect to the servo motors & drives market and forecasts the market to 2018, based on components, product types, voltage range, applications, and geography. This report covers geographies like the North America, Europe, APAC, and ROW (Rest of the World). APAC is the largest marketfor servo motors & drivesin terms of revenues as well as unit shipments. APAC has been also identified as the fastest growing region, with China leading the way. Europe and Americasalso sound promising, with Brazil, Germany, and the U.S. providing impetus to the growth.
The competitive landscape of the market presents a very interesting picture, where large number of small players has become a force to reckon with. The market is witnessing large scale collaboration and partnership across the value chain apart from numerous consortiums being formed.
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