ISM Research's study examines the market for servo and stepper motors that have positioning electronics incorporated into their design. The advantages and disadvantages of this technology are examined and their effect on the development of this market.
The concept of an integrated motor as a standard product is a relatively new development but the market is predicted to grow substantially over the coming years. Most of the growth is forecast to take place in industries where the advantages of this technology can best be realised. These industries are identified in the report.
IMS Research has prepared a comprehensive analysis of the European and North American markets and has used the comments from suppliers and users of automation, to offer forecasts for the revenues over the coming 5 years. The development of the technology today as well as predicted future developments is also discussed.