Servo Motors Sales

Servo Motors Sales Market Outlook

The global servo motors market was valued at approximately USD 7 billion in 2023, with a projected compound annual growth rate (CAGR) of around 8% from 2025 to 2035. The increasing demand for automation in various industries, along with the growing adoption of robotics and advanced manufacturing technologies, is significantly driving the market's growth. Moreover, the rising need for precision in motion control and the ongoing development of smart manufacturing processes are further contributing to the expansion of the servo motors market. Additionally, advancements in technology and enhancements in energy efficiency are boosting the performance and application of servo motors across varied sectors, solidifying their importance in modern manufacturing and operational frameworks. As industries continue to evolve, the need for more sophisticated and efficient motion control solutions is expected to propel the market forward.

Growth Factor of the Market

The growth of the servo motors market is primarily attributed to the rapid industrialization and the increasing focus on automation across various sectors including manufacturing, automotive, and aerospace. The push towards more efficient production techniques has led to a significant uptake in robotics, thereby enhancing the demand for servo motors, which are crucial for precision control in robotic applications. Furthermore, the automotive sector's transition towards electric and hybrid vehicles, as well as advances in manufacturing technologies such as Industry 4.0, are fostering the adoption of servo motors. Additionally, the ongoing efforts to reduce energy consumption and increase efficiency in processes are compelling industries to integrate more advanced motion control solutions like servo motors. The expansion of the electronics and semiconductor industries also drives a surge in demand for precise and reliable motion systems, further supporting market growth.

Key Highlights of the Market

• Surging demand for automation in various industries, significantly boosting the adoption of servo motors.
• Technological advancements enhancing the efficiency and capabilities of servo motors.
• Increased investment in robotics and smart manufacturing technologies.
• Growing emphasis on energy-saving solutions driving the development of more efficient servo motors.
• Expansion of the aerospace and automotive sectors fueling demand for precise motion control systems.

By Type

AC Servo Motors:

AC servo motors are widely recognized for their high efficiency and precise control, making them a preferred choice in numerous applications. These motors operate on alternating current, offering enhanced performance in tasks that require consistent speed and torque. The versatility of AC servo motors allows them to be utilized in industrial machinery, robotics, and automation processes, making them integral to modern manufacturing frameworks. Their growing adoption is also influenced by the increasing need for reliable and efficient motion control solutions, as industries aim to enhance production capabilities while minimizing downtime. Furthermore, advancements in AC motor technology have led to improved energy efficiency and reduced operational costs, further solidifying their position in the market.

DC Servo Motors:

DC servo motors are renowned for their simplicity and ease of control, which makes them ideal for applications requiring rapid response and high torque at low speeds. The compact design and lightweight nature of DC servo motors allow for integration in various machinery and equipment, enhancing overall operational efficiency. These motors are extensively used in industrial automation, robotics, and automotive applications due to their straightforward control systems. The increasing demand for compact and efficient motion control solutions has spurred the growth of the DC servo motor segment. Moreover, the ongoing innovations in brushless DC technology are improving the performance and lifespan of these motors, contributing to their growing popularity in diverse applications.

Linear Servo Motors:

Linear servo motors are distinct for their capability to provide linear motion without the need for traditional rotary mechanisms. This unique characteristic allows for direct drive systems, which improve efficiency and reduce mechanical wear. Linear servo motors are increasingly being utilized in applications such as automated guided vehicles (AGVs), robotics, and high-speed pick-and-place operations in manufacturing. Their precision and speed make them suitable for tasks that require rapid and accurate positioning. As industries continue to seek solutions that enhance production speeds and reduce operational costs, the demand for linear servo motors is expected to rise. The integration of linear servo motors into modern automation processes is becoming a standard practice, supporting the overall growth of the servo motors market.

Torque Motors:

Torque motors are designed to produce high torque at low speeds, making them highly effective for applications that require precise control and responsiveness. These motors are particularly valuable in situations where quick acceleration and deceleration are critical. Torque motors are frequently employed in applications such as conveyor systems, robotics, and specialized machinery where consistent torque delivery is essential. Their ability to operate efficiently over a wide range of speeds without losing torque makes them indispensable in various industrial settings. The increasing emphasis on precision manufacturing and the growing adoption of automation technologies are driving the demand for torque motors, further energizing growth within this segment of the market.

Others:

This category encompasses various specialized servo motors that serve niche applications across multiple industries. These may include stepper motors, which are often utilized in applications requiring precise positioning without feedback mechanisms. The market for these 'other' types of servo motors is growing due to the diverse needs of emerging technologies and unique industry requirements. Innovations in motor design and technology are helping to enhance performance, reliability, and efficiency, thus expanding the range of applications. As industries continue to innovate and evolve, the demand for these specialized motors is expected to increase, contributing to overall growth in the servo motors market.

By Voltage Range

Low Voltage:

Low voltage servo motors are commonly used in applications where safety and efficiency are paramount. Their operational range typically encompasses voltages below 100V, making them ideal for smaller devices and applications such as robotics, consumer electronics, and smaller industrial machines. The growing trend of miniaturization in electronics has significantly boosted the demand for low voltage servo motors. Additionally, advancements in technology have made these motors more efficient and reliable, allowing them to be effectively utilized even in challenging environments. As industries continue to prioritize energy-efficient solutions, the low voltage segment is expected to see substantial growth, aligning with the increasing focus on sustainable and responsible operational practices.

Medium Voltage:

Medium voltage servo motors operate within a voltage range of 100V to 1kV and are widely utilized in various industrial applications. These motors are particularly favored in scenarios requiring higher power and torque, such as in manufacturing equipment, conveyor systems, and heavy machinery. The rise in automation across industries has fueled the demand for medium voltage servo motors as they provide a balance of power, efficiency, and control. With advancements in motor technology, manufacturers have been able to enhance the performance and reliability of these motors, ensuring their suitability for demanding operational environments. As industries ramp up their production capabilities through automation, the medium voltage segment is anticipated to experience significant growth in the coming years.

High Voltage:

High voltage servo motors, typically operating above 1kV, are essential in large-scale industrial applications where substantial power is required. These motors are predominantly used in sectors such as oil and gas, power generation, and large manufacturing setups. The ability to handle high power levels efficiently makes these servo motors critical for processes that require robust performance and reliability. The increasing focus on industrial automation and the rise in infrastructure projects are driving the demand for high voltage servo motors. Moreover, the continuous evolution of high voltage motor technology is enhancing their efficiency, reducing energy consumption, and improving overall operational performance, which is vital for industries aiming for sustainability and higher production output.

By User

Industrial Machinery:

The industrial machinery sector represents a significant portion of the servo motors market, as these motors are integral to various manufacturing processes. They provide precise motion control for automation and robotic systems, which are critical for maintaining high efficiency and productivity. The demand for servo motors in industrial machinery is driven by the need for enhanced precision, reliability, and efficiency in production lines. With the adoption of smart manufacturing techniques and the integration of IoT technologies, the role of servo motors has become even more crucial, leading to increased investments in advanced motion control solutions. As a result, the industrial machinery segment is expected to witness strong growth in the global servo motors market.

Automotive:

The automotive industry is increasingly adopting servo motors to enhance the performance and efficiency of vehicles. These motors are utilized in various applications, including electric power steering, automated control systems, and robotics in manufacturing processes. The shift towards electric and hybrid vehicles, coupled with advancements in autonomous driving technology, is driving the demand for servo motors in the automotive sector. As automotive manufacturers focus on improving safety and enhancing user experiences, the integration of servo motors is becoming more prevalent. Consequently, the automotive segment is poised for significant growth within the servo motors market as electric vehicle technologies and automation continue to evolve.

Aerospace & Defense:

The aerospace and defense sector has a unique requirement for high-performance and reliable servo motors due to the critical nature of its applications. These motors are employed in flight control systems, landing gear mechanisms, and robotic systems utilized in maintenance and assembly. The growing emphasis on automation and precision in these sectors is driving the demand for advanced servo motors. Additionally, the increasing investments in defense technologies and the firm focus on enhancing aircraft performance are contributing to the growth of this segment. As technological advancements continue to evolve, the aerospace and defense sector is expected to maintain a steady demand for servo motors, fostering overall market expansion.

Electronics & Semiconductor:

The electronics and semiconductor industry relies heavily on servo motors for precision and efficiency in manufacturing processes, including assembly, testing, and packaging. As the demand for smaller and more efficient electronic devices grows, the role of servo motors becomes even more pivotal. These motors contribute to the automation of production lines and help achieve the high degree of accuracy required in semiconductor manufacturing. The rise in demand for consumer electronics and advancements in technology are driving the growth of this segment. As the electronics industry continues to expand, the demand for servo motors is expected to increase, contributing significantly to the overall market growth.

Others:

This category includes a range of end-users such as healthcare, food and beverage, and other specialized sectors that require servo motors for specific applications. In healthcare, servo motors are utilized in medical devices and robotic surgical systems, ensuring precision and reliability during critical operations. Similarly, in the food and beverage industry, servo motors support automation in packaging and processing applications. The varied requirements across these sectors are driving the demand for servo motors, as industries seek solutions that enhance efficiency and performance. As technological innovations continue to emerge, the 'others' segment is expected to experience growth, further enriching the diversity and reach of the servo motors market.

By Application

Robotics:

The robotics sector is one of the most significant applications for servo motors due to their ability to provide precise control and positioning for robotic systems. Servo motors are integral to the operation of robotic arms and automated guided vehicles (AGVs), enabling them to perform tasks with high accuracy. As industries increasingly adopt robotic technologies for manufacturing and logistics, the demand for servo motors in robotics is expected to surge. The ongoing advancements in artificial intelligence and machine learning are also enhancing the capabilities of robotic systems, further driving the need for advanced motion control solutions like servo motors. Consequently, the robotics application segment is poised for substantial growth within the global servo motors market.

Machine Tools:

Machine tools are critical for precision manufacturing and often rely on servo motors to ensure accurate and repeatable movements. These motors play a vital role in CNC (Computer Numerical Control) machinery, where they control the movement of axes and tooling with high precision. The increasing demand for high-quality precision engineering is driving the growth of servo motors in machine tools. Moreover, advancements in machine tool technology, coupled with the rise of smart manufacturing, are further enhancing the need for servo motors to maintain competitive production standards. As manufacturers seek to optimize their processes and reduce waste, the machine tools application segment is expected to expand, thereby fostering the growth of the servo motors market.

Packaging:

The packaging industry is increasingly leveraging servo motors to enhance the efficiency and precision of packaging processes. Servo motors are crucial in various packaging applications, including filling, capping, labeling, and palletizing. Their ability to provide accurate control and adjust to varying production speeds makes them invaluable in this fast-paced sector. With the growing emphasis on automation and efficiency in packaging operations, the demand for servo motors is on the rise. Additionally, the increasing trend towards customized packaging solutions and the advent of smart packaging technologies further boost the need for advanced servo motor systems. Thus, the packaging application segment of the servo motors market is anticipated to experience significant growth.

Material Handling:

Material handling is another critical application of servo motors, as these motors provide the necessary power and control for various automated systems, including conveyor belts, sorting systems, and automated storage. The rise in e-commerce and the need for efficient logistics solutions are driving the demand for advanced material handling systems that utilize servo motors. These motors improve the speed and accuracy of material movement, leading to enhanced productivity and reduced operational costs. As industries continue to adopt automation solutions to optimize their supply chains and inventory management, the material handling application segment is expected to witness robust growth, bolstering the overall servo motors market.

Others:

The 'others' category encompasses various niche applications of servo motors across different sectors. This may include sectors such as agriculture, where servo motors are employed in automated farming equipment, irrigation systems, and precision planting. As technology evolves, the demand for servo motors in these emerging applications is expected to increase. The ability of servo motors to provide reliable and efficient motion control solutions makes them suitable for an array of non-industrial applications as well. As industries continue to innovate and explore new applications for servo motors, this segment is anticipated to grow, contributing to the overall expansion of the servo motors market.

By Region

The North American region is poised for significant growth in the servo motors market, driven by the high levels of industrial automation and technological advancement prevalent in the region. The United States, being a leader in manufacturing and innovation, has seen a robust demand for servo motors across various industries including automotive, aerospace, and electronics. With a market value projected to reach approximately USD 2.2 billion by 2035, North America is expected to continue dominating the servo motors market, exhibiting a CAGR of around 7% during the forecast period. The presence of key market players and ongoing investments in research and development are also factors contributing to the growth of this segment.

In the Asia Pacific region, the servo motors market is anticipated to grow significantly, attributed to the rapid industrialization and increasing focus on automation in countries like China, Japan, and India. The market is expected to witness a CAGR of approximately 9% from 2025 to 2035, driven by the rising demand for advanced manufacturing technologies and the growing automotive sector in the region. With a market value projected to reach USD 3 billion by 2035, Asia Pacific is set to become a hub for servo motor production and consumption. The expansion of electronic manufacturing and heightened investments in infrastructure development are expected to further bolster the growth of the servo motors market in this region.

Opportunities

One of the key opportunities lies in the increased adoption of Industry 4.0 and smart manufacturing solutions, which emphasize automation and connectivity. As industries increasingly integrate IoT technologies, the demand for servo motors that can facilitate real-time monitoring and control will rise. This presents a significant opportunity for manufacturers to innovate and develop advanced servo motors that are compatible with smart manufacturing systems. The rapid advancements in AI, machine learning, and data analytics also create opportunities for servo motor manufacturers to enhance their products, offering features such as predictive maintenance, improved performance tracking, and optimized energy consumption. By focusing on these advancements, companies can position themselves strategically within a growing market while addressing the evolving needs of their customers.

Another vital opportunity for growth exists in the renewable energy sector, where servo motors are essential in applications such as wind turbine control and solar tracking systems. As the global shift towards renewable energy continues, the demand for advanced motion control solutions will likely increase, providing servo motor manufacturers with a lucrative market. Furthermore, the increasing focus on sustainability and energy efficiency across industries will drive the need for servo motors that minimize energy consumption while maintaining performance. By aligning product offerings with sustainability trends and exploring collaborations with renewable energy companies, servo motor manufacturers can capitalize on this emerging market and contribute to global energy goals.

Threats

Despite the promising growth prospects, the servo motors market faces several threats that could hinder its expansion. One significant threat is the volatility in raw material prices, which can impact the production costs of servo motors. Manufacturers may experience increased costs, leading to higher prices for end-users and potentially reducing demand. Additionally, economic fluctuations and uncertainties can affect capital investments in automation and manufacturing technologies, resulting in reduced demand for servo motors. Moreover, the presence of low-cost competitors, particularly in emerging markets, poses a threat to established players as they may struggle to maintain market share and profit margins in a highly competitive landscape.

Another critical restrainer for the servo motors market is the relatively high initial investment required for automation systems that incorporate servo motors. Many small and medium-sized enterprises (SMEs) may find it challenging to justify the upfront costs associated with adopting advanced motion control systems, thus limiting the market's growth potential. Additionally, the complexity of integrating servo motors into existing systems may deter some companies from making the transition. As a result, servo motor manufacturers will need to focus on educating potential clients about the long-term benefits and return on investment of automation solutions to mitigate this restraining factor.

Competitor Outlook

• Siemens AG
• ABB Ltd.
• Yaskawa Electric Corporation
• Rockwell Automation, Inc.
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Fanuc Corporation
• Omron Corporation
• Panasonic Corporation
• Bosch Rexroth AG
• Applied Motion Products Inc.
• Lenze SE
• Inovance Technology Co., Ltd.
• Control Techniques (A Nidec Group Company)
• Kollmorgen Corporation

The competitive landscape of the servo motors market is characterized by several established players and emerging companies vying for market share across various segments. Major companies such as Siemens AG, ABB Ltd., and Yaskawa Electric Corporation dominate the market due to their extensive product offerings, technological advancements, and strong distribution networks. These key players continually invest in research and development activities to enhance their product portfolios, focusing on developing energy-efficient and high-performance servo motors that meet the evolving demands of various industries. Partnerships and collaborations between these organizations and other technology providers are becoming increasingly common as companies seek to enhance their market presence and expand their capabilities.

In addition to established players, several smaller and innovative companies are entering the servo motors market, providing specialized solutions tailored to niche applications. These companies often focus on emerging technologies such as IoT integration and AI-driven control systems, appealing to industries seeking advanced automation solutions. Furthermore, the rise of electric and hybrid vehicle manufacturing has attracted new entrants, prompting established firms to adapt their offerings to meet the unique needs of this evolving market. The competition is expected to intensify as companies strive to differentiate themselves through innovation, quality, and customer service.

Key companies like Rockwell Automation, Mitsubishi Electric Corporation, and Schneider Electric SE are also contributing to the market's growth by expanding their global reach and enhancing their product lines. These companies focus on acquiring smaller firms that offer complementary products and technologies, thereby bolstering their market positions. Additionally, organizations are actively participating in trade shows and industry exhibitions to showcase their latest innovations and strengthen their brand presence. As the servo motors market continues to evolve, maintaining a competitive edge will require companies to invest in technology, foster strategic partnerships, and stay attuned to the changing needs of their customers.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 ABB Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Lenze SE
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Siemens AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Bosch Rexroth AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Fanuc Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Omron Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Panasonic Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Schneider Electric SE
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Kollmorgen Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Rockwell Automation, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Applied Motion Products Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Yaskawa Electric Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Inovance Technology Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Mitsubishi Electric Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Control Techniques (A Nidec Group Company)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Servo Motors Sales Market, By Type
    • 6.1.1 AC Servo Motors
    • 6.1.2 DC Servo Motors
    • 6.1.3 Linear Servo Motors
    • 6.1.4 Torque Motors
    • 6.1.5 Others
  • 6.2 Servo Motors Sales Market, By User
    • 6.2.1 Industrial Machinery
    • 6.2.2 Automotive
    • 6.2.3 Aerospace & Defense
    • 6.2.4 Electronics & Semiconductor
    • 6.2.5 Others
  • 6.3 Servo Motors Sales Market, By Application
    • 6.3.1 Robotics
    • 6.3.2 Machine Tools
    • 6.3.3 Packaging
    • 6.3.4 Material Handling
    • 6.3.5 Others
  • 6.4 Servo Motors Sales Market, By Voltage Range
    • 6.4.1 Low Voltage
    • 6.4.2 Medium Voltage
    • 6.4.3 High Voltage

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Servo Motors Sales Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Servo Motors Sales market is categorized based on

By Type

• AC Servo Motors
• DC Servo Motors
• Linear Servo Motors
• Torque Motors
• Others

By Voltage Range

• Low Voltage
• Medium Voltage
• High Voltage

By User

• Industrial Machinery
• Automotive
• Aerospace & Defense
• Electronics & Semiconductor
• Others

By Application

• Robotics
• Machine Tools
• Packaging
• Material Handling
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Siemens AG
• ABB Ltd.
• Yaskawa Electric Corporation
• Rockwell Automation, Inc.
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Fanuc Corporation
• Omron Corporation
• Panasonic Corporation
• Bosch Rexroth AG
• Applied Motion Products Inc.
• Lenze SE
• Inovance Technology Co., Ltd.
• Control Techniques (A Nidec Group Company)
• Kollmorgen Corporation