According to the research report titled ‘Europe Servo Drive Market Size By Category, Drive, Voltage, Application, Industry Analysis Report, Country Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2019a??2025’ available with Market Study Report, Europe servo drive market is predicted to attain substantial expansion during 2019-2025.
 

Factors such as growing awareness towards adoption of energy-efficient products, rapid expansion of the automation sector, and swift industrialization are augmenting the growth of Europe servo drive market.
 

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Furthermore, technological advancement along with increasing adoption of servo drive across several verticals such as metal forming, packaging, metal cutting, semiconductor machinery, and oil & gas are further propelling the market expansion.
 

Based on category, the AC segment of Europe servo drive market is expected to grow significantly through 2025. Advantageous capabilities such as fast acceleration, precise speed, position control, ability to control high current surges and reduced stiffness, damping as well as radio frequency noise are fostering the growth of the segment.
 

With regards to drive type, Europe servo drive market size from digital servo drive segment is predicted to expand considerably through 2025, owing to increasing awareness regarding the benefits associated with the product such as high-level functionality, autotuning abilities, and easy response. Additional advantages such as high holding power, enhanced acceleration, faster control response, and constant torque are also fueling the growth of the segment.
 

Elaborating on voltage, the low voltage segment is anticipated to witness substantial growth over 2019-2025.Factors such as increasing adoption of the product across various small-scale industries due to its compactness, technological advancement in SMEs, and imposition of strict government regulations pertaining to energy efficient products are favoring the expansion of Europe servo drive segment from the low voltage segment.
 

Moving on to the application spectrum, Europe servo drive market share from semiconductor segment is projected to register substantial growth over the forecast period. Rising utilization of the product for numerous applications including CNC machining and automated manufacturing along with increasing efforts towards enhancing parameters such as functionality, energy-efficiency, and productivity are boosting the expansion of the segment.
 

As per the country-level analysis, Russia is predicted to emerge as a major revenue generator for Europe servo drive market through 2025. Factors such as development in the oil & gas verticals, increasing investments towards infrastructural development, and rapid urbanization are responsible for the growth of the regional market. Technological advancement along with enhanced precision of motor systems are further stimulating the market outlook in Russia.
 

Key participants of Europe servo drive market are Estun Automation Co Ltd., Emerson Electric Co, Yaskawa Electric Corporation, Fuji Electric Co., Ltd., Toshiba Corporation, Bosch Rexroth AG, Honeywell International Inc., Schneider Electric, and Rockwell Automation, Inc.