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DC Servo Drives Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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The global DC servo drives market is projected to grow at a CAGR of 5.8% during the forecast period of 2021-2026. The market size is estimated to reach $2.5 billion by 2026, driven by the increasing demand for high precision motion control systems in various industries. Key players include Siemens, ABB, and Panasonic.
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Companies Covered (Covid 19 Impact Covered)
◍ Panasonic
◍ Ingenia Cat SL
◍ Audiohms
◍ Nidec Motor Corporation
◍ Teknic
◍ Granite Devices
◍ MOONS'
◍ Servo Components & Systems
◍ PARKER
◍ International Power Components
◍ Elmo Motion Control
DC Servo Drives Market is highly competitive with companies like Panasonic, Yaskawa, ABB, Siemens, and others leading the industry. Companies like Elmo Motion Control, Nidec Motor Corporation, and Granit Devices offer innovative solutions. Sales revenue figures for some companies: Bosch Rexroth - $6.7 billion, Yaskawa$3.1 billion.
◍ Lakshmi Electro Controls and Automation
◍ Bardac Corporation
◍ SANYO DENKI
◍ TAMAGAWA SEIKI
◍ ALTER Elettronica
◍ Yaskawa
◍ ABB
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By Application
◍ Industrial Equipment
◍ Robot Technology
◍ Household Appliances
By Product
◍ Brushless DC Servo Drives
◍ Brushed DC Servo Drives
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$ 3.30 Billion