DUBLIN, Jan. 27, 2021 /PRNewswire/ — The «All-terrain Vehicle Market by Type & Application (Sport, Entertainment, Agriculture, Military & Defense), Drive (2WD, 4WD, AWD), Engine (&lessThan;400, 400-800, >800cc), Fuel (Gasoline, Electric), Wheel Number, Seating Capacity, and Region – Global Forecast to 2025» report has been added to ResearchAndMarkets.com’s offering.

The all-terrain vehicle market, by value, is projected to grow to USD 4.4 billion by 2025 from USD 3.9 billion in 2020, at a CAGR of 2.4% during the forecast period.

The rising demand for ATVs in recreational activities, mainly worldwide championships, will boost the future growth of the all-terrain vehicle market.

The COVID-19 pandemic has had a low impact on the North America and Asia Oceania all-terrain vehicle market. European countries and the RoW region were significantly impacted by COVID-19 and underwent lockdowns, therefore, powersports and recreational activities were stopped. Also, a majority of the ATV manufacturing companies in Europe reported steep decrease in revenues. However, with the resumption of a few power sports and entertainment activities in the coming months, the market is expected to grow in future.

More than four wheels ATVs to be the fastest growing segment in All-terrain vehicle, by number of wheels

More than four wheeled ATVs is projected to be the fastest growing market in the all-terrain vehicle market by 2025. OEMs are planning to be more customer-centric in terms of its manufacturing processes. The growing number of ATV buyers are looking for more than 4-wheel ATVs, especially in military and agricultural applications. Thus, OEMs, component manufacturers, and material providers are jointly working to develop more than 4 wheeled ATVs with better design, performance, and efficiency. Hence, more than four wheeled ATVs is projected to be the fastest growing all-terrain vehicle market.

Utility ATV is the largest segment in All-terrain vehicle market, by type

Utility ATVs are estimated to hold the largest share of the all-terrain vehicle market, by type. Utility ATVs are multipurpose and can be used in different applications such as military, agriculture, construction, forestry, etc. Thus, these vehicles offer lucrative opportunities for all-terrain vehicle manufacturers. In addition, the increasing demand for ATVs in agriculture and military & defense applications in Asia Pacific and North America would further drive the utility all-terrain vehicle market.

North America is estimated to be the largest market for all-terrain vehicles

The North American all-terrain vehicle industry is one of the most advanced industries in the world. Market growth in the North American region is driven by the dominating ATV market in the US and Canada. In recent years, the region has seen the highest ATV manufacturing growth. The US and Canada together accounted for around 96.2% of the total all-terrain vehicle production in the region in 2019. The Canadian all-terrain vehicle industry is a major contributor to the country’s economy and provides employment for over half a million people. The country has signed a free trade agreement with its neighbors to strengthen the automotive industry. Technological developments in the US have also impacted the Canadian market and boosted the demand for all-terrain vehicles in the country. Polaris Industries (US), Textron (US), and BRP (Canada) are the leading ATV players in the region. According to analysis, the US will continue to drive the growth of the all-terrain vehicle market. This trend of the all-terrain vehicle market in North America is expected to remain the same in the near future.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Future Opportunities for ATV Industry Are in Utility ATV Segment
4.2 All-Terrain Vehicle Market, by Region
4.3 All-Terrain Vehicle Market, by Type
4.4 All-Terrain Vehicle Market, by Application
4.5 All-Terrain Vehicle Market, by Drive Type
4.6 All-Terrain Vehicle Market, by Fuel Type
4.7 All-Terrain Vehicle Market, by Engine Capacity
4.8 All-Terrain Vehicle Market, by Number of Wheels
4.9 All-Terrain Vehicle Market, by Seating Capacity

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Off-Road Recreational Activities Would Drive the Demand of Atvs
5.2.1.2 Increasing Demand for Atvs in Agriculture and Military & Defense
5.2.1.3 Increasing Purchasing Power and Spending Capacity of Individuals
5.2.2 Restraints
5.2.2.1 High Accident Rates May Hamper the ATV Sales
5.2.2.2 Restriction on ATV Usage in Wildlife Zone May Hamper the ATV Demand
5.2.3 Opportunity
5.2.3.1 Increase Use of Technology in ATV to Drive the Demand
5.2.3.2 Positive Outlook Toward Electric Atvs
5.2.4 Challenges
5.2.4.1 Trade Barriers Between Different Regions
5.2.4.2 High Cost of Atvs
5.2.4.3 Impact of COVID-19 on the Demand for Atvs
5.3 Side-By-Side Vehicles
5.4 Impact of COVID-19 on the ATV Industry
5.5 All-Terrain Vehicle Market Scenario
5.5.1 Most Likely/Realistic Scenario
5.5.2 High COVID-19 Impact Scenario
5.5.3 Low COVID-19 Impact Scenario
5.6 Pricing Analysis
5.7 Patent Analysis
5.8 Supply Chain Analysis
5.9 Regulatory Landscape

6 All-Terrain Vehicle Market, by Drive Type
6.1 Introduction
6.1.1 Research Methodology
6.1.2 Industry Insights
6.2 2Wd
6.2.1 North America is the Largest 2Wd ATV Market
6.3 4Wd
6.3.1 Europe is the Largest 4Wd ATV Market
6.4 AWD
6.4.1 Asia Oceania is the Fastest Growing AWd ATV Market

7 All-Terrain Vehicle Market, by Fuel Type
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumption
7.1.3 Industry Insights: by Fuel Type & Region
7.2 Electric ATV
7.2.1 Europe is the Fastest Growing Electric ATV Market
7.3 Gasoline ATV
7.3.1 North America is the Largest Gasoline ATV Market

8 All-Terrain Vehicle Market, by Application
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Industry Insights
8.2 Sports
8.2.1 North America is the Largest Market for Sports Atv
8.3 Entertainment
8.3.1 Asia Oceania is One of the Fastest Growing Market for Entertainment Atv
8.4 Agriculture
8.4.1 North America is the Largest Market for Agriculture Atv
8.5 Military & Defense
8.5.1 Europe is One of the Fastest Growing Market for Military and Defence Atv
8.6 Hunting & Forestry
8.6.1 North America is the Largest Market for Other Applications of Atv

9 All-Terrain Vehicle Market, by Engine Capacity
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Industry Insights
9.2 &lessThan;400 Cc
9.2.1 North America is the Largest Market for &lessThan; 400 Cc
9.3 400 to 800 Cc
9.3.1 Europe is One of the Fastest Growing Market for 400 to 800 Cc
9.4 > 800 Cc
9.4.1 Europe is the Fastest Growing Market for > 800 Cc

10 All-Terrain Vehicle Market, by Seating Capacity
10.1 Introduction
10.1.1 Research Methodology
10.1.2 by Seating Capacity, by Region: Industry Insights
10.2 One-Seat Atv
10.2.1 North America is Largest One-Seater ATV Market
10.3 Two-Seat Atv
10.3.1 Europe is the Fastest Growing Two-Seater ATV Market

11 All-Terrain Vehicle Market, by Type
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumption
11.1.3 Industry Insights: by Type & Region
11.2 Utility Atv
11.2.1 Europe is the Fastest Growing Market for Utility Atv
11.3 Sport Atv
11.3.1 Asia Oceania is the Fastest Market for Sport Atv

12 All-Terrain Vehicle Market, by Number of Wheels
12.1 Introduction
12.1.1 Research Methodology
12.1.2 Assumption
12.1.3 Industry Insights
12.2 Four-Wheel
12.2.1 Europe is One of the Fastest Growing Four-Wheeled ATV Market
12.3 >Four-Wheel
12.3.1 North America is the Largest More Than Four-Wheel ATV Market

13 All-Terrain Vehicle Market, by Region
13.1 Introduction
13.2 Asia Oceania
13.3 North America
13.4 Europe
13.5 Rest of the World (Row)

14 Competitive Landscape
14.1 Overview
14.2 Market Evaluation Framework
14.3 Competitive Leadership Mapping
14.3.1 Definitions
14.3.1.1 Star
14.3.1.2 Emerging Leaders
14.3.1.3 Pervasive Players
14.3.1.4 Participants
14.3.2 Competitive Leadership Matrix
14.3.3 Strength of Product Portfolio
14.3.4 Business Strategy Excellence
14.4 Market Share Analysis – Key ATV Manufacturers
14.5 Competitive Scenario
14.5.1 New Product Developments

15 Company Profiles
15.1 Polaris
15.2 Textron
15.3 Honda
15.4 Kawasaki
15.5 Suzuki
15.6 Yamaha
15.7 KTM
15.8 BRP
15.9 CFmoto
15.10 Linhai
15.11 Additional Companies
15.11.1 North America
15.11.1.1 Hisun
15.11.1.2 Bennche
15.11.1.3 John Deere
15.11.2 Europe
15.11.2.1 Velomotors
15.11.2.2 Ecocharger
15.11.2.3 Baltmotors
15.11.3 Asia Oceania
15.11.3.1 Cectek
15.11.3.2 Nebula Automotive
15.11.3.3 Taiwan Golden Bee
15.11.3.4 Kymco

16 Appendix
16.1 Insights of Industry Experts
16.2 Discussion Guide
16.3 Knowledge Store: The Subscription Portal
16.4 Available Customizations
16.4.1 Side by Side Vehicle Market, by Application
16.4.1.1 Sports
16.4.1.2 Entertainment
16.4.1.3 Agriculture
16.4.1.4 Military & Defense
16.4.1.5 Others (Hunting & Forestry)
16.4.2 Side by Side Vehicle Market, by Fuel Type
16.4.2.1 Gasoline
16.4.2.2 Diesel
16.4.2.3 Electric
16.4.3 Side by Side Vehicle Market, by Region
16.4.3.1 Asia Oceania
16.4.3.2 Europe
16.4.3.3 North America
16.4.3.4 RoW
16.4.4 Detailed Analysis and Profiling of Additional Market Players (Up to 3)
16.5 Related Reports
16.6 Author Details

For more information about this report visit https://www.researchandmarkets.com/r/vgv4c1

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/all-terrain-vehicle-market-by-type–application-drive-engine-fuel-wheel-number-seating-capacity-and-region—global-forecast-to-2025-301216519.html

SOURCE Research and Markets

LAS VEGAS, Jan. 27, 2021 /PRNewswire/ — Diamond Resorts®, a global leader in the hospitality, vacation ownership and entertainment industries, announces the filing of additional claims in its lawsuit against Pandora Marketing (d/b/a Timeshare Compliance), Intermarketing Media (d/b/a Resort Advisory Group), Slattery, Sobel & Decamp, Del Mar Law Group, Carlsbad Law Group, Sean Slattery, McCroskey Legal, Unlock Legal, and Miranda McCroskey. The additional claims are based on newly-released documents, including dozens of statements from timeshare owners that illustrate a nationwide scam to deceive consumers out of hundreds of thousands of dollars.

According to the new legal filing by Diamond Resorts, Timeshare Compliance and Resort Advisory Group lure timeshare owners into paying large upfront fees in exchange for so-called timeshare «exit» services. By advertising a «legal method» and the services of lawyers, the Defendants are able to charge huge fees—sometimes exceeding $100,000. In reality, the companies and the law firms they partner with fail to deliver any legitimate service. Instead, they only mislead timeshare owners into breaching their timeshare contracts, which results in foreclosure and a negative impact on the owners’ credit history.

Diamond’s complaint presents direct evidence of this scam, including dozens of testimonials from consumers and messages saved on Resort Advisory Group and Timeshare Compliance’s customer relationship management system.

For example, one timeshare owner states that he believed a group of timeshare lawyers would litigate the cancellation of his timeshare contract. As a result, he retained Resort Advisory, and paid an «exit» fee of over $70,000. Later, he discovered that the attorney was paid only $700 to send «exit» letters, and none of the remaining money was used for litigation, negotiation, or any other legal services.

Another victim of the scam documents her personal experience with Resort Advisory Group:

«We have come to realize that RAG kept us in the dark about the fact that the lawyer was not providing the services RAG promised. The financial consequences that have resulted from RAG’s ‘services’ are far worse than what we would have suffered by simply stopping timeshare payments and waiting for our credit to plummet….We owe more than $120,000 in credit card debt attributable to RAG, which includes the money we paid for RAG’s bad acts and its lawyers.»

Other timeshare owners state that they frequently receive no updates from the Lawyer Defendants regarding the progress of their case. One Diamond Owner left the following message:

«I just tried phoning you with questions on this retainer as I have thoroughly read the contract. I’m VERY wary of this and am wondering if I have been ‘duped’ again by Timeshare Compliance?…. You don’t answer the phone # you e-mailed me. I’m beginning to wonder if this is another scam….»

Notes logged in Resort Advocacy Group’s customer relationship management system document frequent customer complaints about their plummeting credit scores such as, «He began the call by stating we are a FAT SCAM …. He has been in the dark since he started with us. His credit score has been completely destroyed—went from an 800 down to a 600s….»

«It is absolutely despicable to hear how vacation owners have been scammed by these nefarious companies,» said Mike Flaskey, CEO, Diamond Resorts. «We will continue to do everything in our power to protect our members from being misled by these companies and will aggressively pursue every avenue to hold these companies to account.»

In addition to this case, Diamond Resorts has pursued more than 15 actions in courts across the country against numerous companies marketing themselves as third-party exit companies.

While the vast majority of members enjoy their vacation ownership, Diamond Resorts also understands that life circumstances can change and provides options for members seeking to safely modify or leave their vacation ownership behind. To learn more about red flags and report possible fraudulent third-party exit activity, visit TimeshareCancellationAwareness.com.

About Diamond Resorts
Diamond Resorts® offers destinations, events and experiences to help members make a habit of breaking from the routine. From unforgettable getaways to exclusive concert series to VIP receptions and dinners, members turn to Diamond to recharge, reconnect and remind each other what matters most. Our focus on quality resorts, customer service and flexibility means members can return to a favorite resort, book a cruise to explore new countries or attend a once-in-a-lifetime event with the same level of confidence and anticipation. With access to a world of entertainment and activities, a Diamond membership ensures that people are always looking forward to vacation.

View original content to download multimedia:http://www.prnewswire.com/news-releases/diamond-resorts-files-new-claims-against-carlsbad-law-group-timeshare-compliance–resort-advocacy-group-for-operating-nationwide-consumer-scam-301216528.html

SOURCE Diamond Resorts

NAPLES, Italy, Jan. 27, 2021 /PRNewswire/ — While one can meander through the streets of Naples and enjoy many pizzerias, some even world famous, it may lead a bit off the beaten path to get to the «core» of Neapolitan Pizzas unlike ever before.

THE NEO-NEAPOLITAN

This long, eye-opening walk through the heart of the ancient center of Naples, is led by mastermind geologist Vincenzo Albertini, president of Naples Underground (Napoli Sotterranea). The association has facilitated mind-blowing and awe-inspiring excursions for the past 30 years through the bowels of a unique city, characterized by incredible feats of engineering, in the making over the past 2400 years or so.

Many would have thought that by now, Neapolitan Pizza makers would be honored with life-long service and offered life-preservation, as theirs is a skill that is an artefact in itself, coming from centuries-old tradition. However, the surprising present-day reality reveals that this tradition hasn’t remained in the centuries of old, it’s actually been constantly evolving and is now in a new incarnation.

This new incarnation, though not so new indeed, involves the return to the ancient practices of leavening and cooking pizza in both preparation environments and ovens built with the integral, unique material – Neapolitan yellow tuff.

THE YELLOW SECRET

This «geothermal» pizza is created specifically inside of tuffaceous leavening rooms. These rooms are located in the convent of the Theatines, behind the church of S. Paolo Maggiore. It is here, deep beneath the city, that exists quarries of a yellowish stone, which makes for excellent thermal insulation and humidity control. This is what allows the dough to achieve complete maturation which gives the pizza higher organoleptic and digestibility properties. Going further into the scientific characteristics of the yellow tuff, Enzo Albertini explains that there are specific minerals in the tuffs which are able to absorb and release water molecules making the tuff cold during hot periods and hot during cold periods. It is this property specifically, that allows them to maintain average constant values of temperature and humidity which favor the leavening process of the pizza dough as the dough rises between the walls of tuff from 24 to 48 hours and then the pizza is cooked in ovens made with the same stone. In short, this ancient yellow stone favors the ideal chemical-physical balances useful for yeasts, so that the final product remains extraordinarily light.

THE UNDERGROUND COMES TO THE SURFACE

Thanks to Enzo Albertini’s initiative, today, these novelty pizzas while prepared in optimal geothermal conditions underground, are served on the streets of Naples, among the tables of the Sorelle Bandiera pizzeria, which is located inside the ancient Roman theater, not far from Piazza San Gaetano which forms the entrance to Naples Underground (Napoli Sotterranea). All that remains is a hearty appetite and sense of awe and wonder, as this Neapolitan pizza delight offers a new interpretation to the concept of time travel.

Media Contact:
Xoë Sazzle
+44 (0) 7570 82 0089
289166@email4pr.com 

View original content to download multimedia:http://www.prnewswire.com/news-releases/naples-underground-reveals-the-yellow-secret-to-the-best-neapolitan-pizza-301216504.html

SOURCE Naples Underground

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

The servo motors and drives market is expected to grow at a CAGR of over 5% during the period 2020−2026.

Key Highlights Offered in the Report:  

1. Japan, Germany, and the US are the major countries creating demand for servo motors and drives as these countries have higher manufacturing in major end-user industries such as machine tools, robotics, and automated tools.
2. Increased capital investment in developing countries is expected to allow vendors to invest further in plant expansion and upgradation of manufacturing plants along with investments in automation.
3. Major vendors in the market have strong presence in both high-end and low-end servo motors and drives segments. Also, most of the vendors are vertically integrated and provide end-to-end solutions to their customers.
4. Price choices of vendors are largely affected by raw material costs and supply chain disruptions. Energy costs and other input costs are also some of the key factors in deciding the overall profit margin.
5. The servo motors and drives market is highly raw material intensive with raw materials contributing to over 40%-50% of the overall cost. Thus, any fluctuation in pricing is also a deciding factor in the procurement contract.
6. Servo motors are in higher demand currently and is expected to grow further with increase in industrial production at an estimated CAGR of over 6% compared to servo drive at around 4%.
7. Besides major vendors in the sector, such as Mitsubishi Electric Corporation, Siemens AG, and others, various smaller brands have gained traction and are expected to do so throughout the forecast period.
8. AC servo motors are expected to have the higher market share at around 86% due to its ability to operate with AC current as well as high pick-up frequency with both light and heavy loads during the forecast period.

Key Offerings:

• Market Size & Forecast by Revenue | 2020−2026
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by product type, motor type, sales channel, power output, material, voltage, end-user, and geography
• Competitive Landscape – 12 key vendors and 19 other vendors

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market – Segmentation

• Factory automation and robotics application in several commercial and industrial segments are expected to drive the demand for servo motors. Japan, China, the US, and Germany are key countries boosting the growth of servo motors. The market is expected to grow due to an increase in automation and precision techniques.
• Increased application of servo motors in the packaging and medical sectors is expected to drive linear servo motors’ growth. These motors provide high speed, longer strokes, and accuracy. The demand for linear servo motors was slightly high in 2020 as the demand in Europe, North America, and APAC increased.
• Above 5kW servo motors and drives are governed by strict energy-efficiency legislation globally, especially in developed countries. These machines hold the highest revenue share in the market and are expected to accelerate further at the highest CAGR during the forecast period.

Servo Motors and Drives Market by Product Type

• Servo Motor
• AC
• DC
• Servo Drive
• AC
• DC

Servo Motors and Drives Market by Motor Type

• Linear
• Rotary

Servo Motors and Drives Market by Sales Channel

• Direct Sales
• Direct to OEMs
• Direct to End-users
• Direct to System Integrators
• Indirect Sales
• Distributor to OEMs
• Distributor to End-users
• Distributor to System Integrators

Servo Motors and Drives Market by Power Output

• Above 5kW
• Below 5kW

Servo Motors and Drives Market by Material

• Stainless Steel
• Non-stainless Steel

Servo Motors and Drives Market by Voltage

• Low
• Medium
• High

Servo Motors and Drives Market by End-User

• Machine Tools
• Packaging
• Electronics & Semiconductor
• Robotics
• Automotive
• Metal Processing
• Warehousing
• Oil & Gas
• Paper Industry
• Aerospace & Defence
• Food & Beverages
• Textiles
• Printing
• Pharmaceutical
• Woodworking
• Power Generation
• Others

Servo Motors and Drives Market – Dynamics

Servo motors and drives are some of the major components used in the industry to enhance the precision and speed of robots in industrial applications. Thus, the increased demand for robots has boosted the growth of the servo motors and drives market globally. Robotic applications are in high demand in manufacturing units and in the medical industry. Servo motors and drives are solely responsible for a robot’s movement in any industrial application. Hence, their precision is quite important. These motors change the direction and angle of different parts of a robot in a particular direction.  Servo motors can travel at speeds of around 900 mm/s and are ideal for short-stroke movements such as bending and gripping and are thus used in several industrial and commercial applications.

Key Drivers and Trends fueling Market Growth:

• Industrial Revolution 4.0
• Growth in CNC Machine Market
• Advancements in Automation Industry
• Demand from Medical Applications

Servo Motors and Drives Market – Geography

The APAC servo motors and drives market is expected to grow at a significant rate during the forecast period, owing to increased demand from countries such as China, Japan, and India. South Korea and Australia are emerging markets for the production and consumption of servo motors and drives. Continuous adoption of industrial automation in several countries of APAC and activities such as manufacturing, construction, power generation, and mining are significantly contributing to the growth of the servo motors and drives market in the APAC region. One of the key strategies among vendors for enhanced growth include increasing investments and expansion in emerging nations in APAC. Hence, the sale of servo motors and drives in the region is expected to further boost in the forecast period.

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market by Geography

• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• APAC
• China
• Japan
• South Korea
• India
• Australia
• Latin America
• Brazil
• Mexico
• Chile
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Rest of the Middle East

Major Vendors

• Emerson
• Siemens
• Rockwell Automation
• ABB
• Mitsubishi Electric
• Delta
• Fuji Electric
• Yaskawa
• Sanyo Denki
• Parker Hannifin
• Allied Motion
• Nidec

Other Prominent Vendors

• Ametek
• ARC Systems
• Bonfiglioli
• Oriental Motor
• Schneider Electric
• Callan Technology
• Panasonic Industry Europe
• Sew-Eurodrive
• FANUC
• Bosch Rexroth
• Kollmorgen
• HNC Electric
• Moog
• Tamagawa Seiki
• GSK CNC Equipment
• Infranor
• KEB Automation
• Beckhoff
• TECO Electro Devices

Explore our industrial machinery profile to know more about the industry.

Read some of the top-selling reports:

• Geared Motors Market – Global Outlook and Forecast 2021-2026
• Industrial Motors Market – Global Outlook and Forecast 2021-2026
• Oil and Gas Processing Seals Market – Global Outlook and Forecast 2020-2025
• Inverter Generator Market – Global Outlook and Forecast 2020-2025

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call: +1-312-235-2040
        +1 302 469 0707

Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg

CHICAGO, Jan. 27, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.

The servo motors and drives market is expected to grow at a CAGR of over 5% during the period 2020−2026.

Key Highlights Offered in the Report:  

1. Japan, Germany, and the US are the major countries creating demand for servo motors and drives as these countries have higher manufacturing in major end-user industries such as machine tools, robotics, and automated tools.
2. Increased capital investment in developing countries is expected to allow vendors to invest further in plant expansion and upgradation of manufacturing plants along with investments in automation.
3. Major vendors in the market have strong presence in both high-end and low-end servo motors and drives segments. Also, most of the vendors are vertically integrated and provide end-to-end solutions to their customers.
4. Price choices of vendors are largely affected by raw material costs and supply chain disruptions. Energy costs and other input costs are also some of the key factors in deciding the overall profit margin.
5. The servo motors and drives market is highly raw material intensive with raw materials contributing to over 40%-50% of the overall cost. Thus, any fluctuation in pricing is also a deciding factor in the procurement contract.
6. Servo motors are in higher demand currently and is expected to grow further with increase in industrial production at an estimated CAGR of over 6% compared to servo drive at around 4%.
7. Besides major vendors in the sector, such as Mitsubishi Electric Corporation, Siemens AG, and others, various smaller brands have gained traction and are expected to do so throughout the forecast period.
8. AC servo motors are expected to have the higher market share at around 86% due to its ability to operate with AC current as well as high pick-up frequency with both light and heavy loads during the forecast period.

Key Offerings:

• Market Size & Forecast by Revenue | 2020−2026
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by product type, motor type, sales channel, power output, material, voltage, end-user, and geography
• Competitive Landscape – 12 key vendors and 19 other vendors

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market – Segmentation

• Factory automation and robotics application in several commercial and industrial segments are expected to drive the demand for servo motors. Japan, China, the US, and Germany are key countries boosting the growth of servo motors. The market is expected to grow due to an increase in automation and precision techniques.
• Increased application of servo motors in the packaging and medical sectors is expected to drive linear servo motors’ growth. These motors provide high speed, longer strokes, and accuracy. The demand for linear servo motors was slightly high in 2020 as the demand in Europe, North America, and APAC increased.
• Above 5kW servo motors and drives are governed by strict energy-efficiency legislation globally, especially in developed countries. These machines hold the highest revenue share in the market and are expected to accelerate further at the highest CAGR during the forecast period.

Servo Motors and Drives Market by Product Type

• Servo Motor
• AC
• DC
• Servo Drive
• AC
• DC

Servo Motors and Drives Market by Motor Type

• Linear
• Rotary

Servo Motors and Drives Market by Sales Channel

• Direct Sales
• Direct to OEMs
• Direct to End-users
• Direct to System Integrators
• Indirect Sales
• Distributor to OEMs
• Distributor to End-users
• Distributor to System Integrators

Servo Motors and Drives Market by Power Output

• Above 5kW
• Below 5kW

Servo Motors and Drives Market by Material

• Stainless Steel
• Non-stainless Steel

Servo Motors and Drives Market by Voltage

• Low
• Medium
• High

Servo Motors and Drives Market by End-User

• Machine Tools
• Packaging
• Electronics & Semiconductor
• Robotics
• Automotive
• Metal Processing
• Warehousing
• Oil & Gas
• Paper Industry
• Aerospace & Defence
• Food & Beverages
• Textiles
• Printing
• Pharmaceutical
• Woodworking
• Power Generation
• Others

Servo Motors and Drives Market – Dynamics

Servo motors and drives are some of the major components used in the industry to enhance the precision and speed of robots in industrial applications. Thus, the increased demand for robots has boosted the growth of the servo motors and drives market globally. Robotic applications are in high demand in manufacturing units and in the medical industry. Servo motors and drives are solely responsible for a robot’s movement in any industrial application. Hence, their precision is quite important. These motors change the direction and angle of different parts of a robot in a particular direction.  Servo motors can travel at speeds of around 900 mm/s and are ideal for short-stroke movements such as bending and gripping and are thus used in several industrial and commercial applications.

Key Drivers and Trends fueling Market Growth:

• Industrial Revolution 4.0
• Growth in CNC Machine Market
• Advancements in Automation Industry
• Demand from Medical Applications

Servo Motors and Drives Market – Geography

The APAC servo motors and drives market is expected to grow at a significant rate during the forecast period, owing to increased demand from countries such as China, Japan, and India. South Korea and Australia are emerging markets for the production and consumption of servo motors and drives. Continuous adoption of industrial automation in several countries of APAC and activities such as manufacturing, construction, power generation, and mining are significantly contributing to the growth of the servo motors and drives market in the APAC region. One of the key strategies among vendors for enhanced growth include increasing investments and expansion in emerging nations in APAC. Hence, the sale of servo motors and drives in the region is expected to further boost in the forecast period.

Get your sample today! https://www.arizton.com/market-reports/servo-motors-drivers-market-size-analysis 

Servo Motors and Drives Market by Geography

• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• APAC
• China
• Japan
• South Korea
• India
• Australia
• Latin America
• Brazil
• Mexico
• Chile
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Rest of the Middle East

Major Vendors

• Emerson
• Siemens
• Rockwell Automation
• ABB
• Mitsubishi Electric
• Delta
• Fuji Electric
• Yaskawa
• Sanyo Denki
• Parker Hannifin
• Allied Motion
• Nidec

Other Prominent Vendors

• Ametek
• ARC Systems
• Bonfiglioli
• Oriental Motor
• Schneider Electric
• Callan Technology
• Panasonic Industry Europe
• Sew-Eurodrive
• FANUC
• Bosch Rexroth
• Kollmorgen
• HNC Electric
• Moog
• Tamagawa Seiki
• GSK CNC Equipment
• Infranor
• KEB Automation
• Beckhoff
• TECO Electro Devices

Explore our industrial machinery profile to know more about the industry.

Read some of the top-selling reports:

• Geared Motors Market – Global Outlook and Forecast 2021-2026
• Industrial Motors Market – Global Outlook and Forecast 2021-2026
• Oil and Gas Processing Seals Market – Global Outlook and Forecast 2020-2025
• Inverter Generator Market – Global Outlook and Forecast 2020-2025

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call: +1-312-235-2040
        +1 302 469 0707

View original content:http://www.prnewswire.com/news-releases/servo-motors-and-drives-market-size-to-reach-revenues-of-around-usd-19-billion-by-2026–arizton-301216139.html

SOURCE Arizton Advisory & Intelligence