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Market Report on Global and China Industrial Robot Servo Motor Industry 2015-2019

  • Date Submitted: 02/03/2016 11:10 PM
  • Flesch-Kincaid Score: 38.7 
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Feb., 04, 2016, Mumbai, India: Market Reports on China presents the report, on “Market Report on Global and China Industrial Robot Servo Motor Industry 2015-2019”. However, the Chinese enterprises, mostly still at the development and testing stage, virtually have no industrialized industrial robot servo motors.

As the executive component in control system, servo motor constitutes one of the three core parts of industrial robot.

Starting in 2013, China became the world's largest industrial robot market, with the sales volume for 2014 surging by 55% to 57,000 units. Propelled by industrial upgrading and the demand for machines replacing human labor, Chinas industrial robot market will continue to grow rapidly, with the sales volume estimated to reach 182,000 units by 2019. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-20421/industrial-robot-servo-motor-global-china.html"

The rapid growth of industrial robots has to a certain extent stimulated the development of servo motor market. If we calculate that 90% of industrial robots use servo motors and each industrial robot is equipped with the average number of servo motors, the added demand for industrial robot servo motors in China came to 231,000 units in 2014. And this figure is expected to rise to 737,000 units by 2019.

At present, 85% of China's industrial robot servo motor market is dominated by foreign brands, the mainstream suppliers including Japans Panasonic, Yaskawa, and Mitsubishi and Europe and Americas Lenze and Bosch Rexroth. Among them, Japanese brands account for the highest market share, at around 50.0% in 2015. However, the Chinese enterprises, mostly still at the development and testing stage, virtually have no industrialized industrial robot servo motors.

To reverse the situation, a small number of Chinese companies including Estun Automation and Inovance have in recent years continued to break the technical bottleneck and to strengthen product R&D and the...

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