Industrial Smart Motors Sales

Industrial Smart Motors Sales Market Outlook

The global Industrial Smart Motors Sales market is projected to reach USD 8.62 billion by 2035, growing at a robust CAGR of 6.2% from 2025 to 2035. The increasing demand for energy-efficient solutions and the rising automation in manufacturing processes are key factors driving the growth of this market. Additionally, the continuous advancements in motor technology aimed at improving efficiency and reducing energy consumption significantly contribute to the market expansion. Other factors include the growing emphasis on reducing operational costs and the increasing integration of IoT technologies, which facilitate better monitoring and performance analysis of industrial equipment. Furthermore, the rising demand for electric vehicles and the need for sustainable energy solutions are also expected to positively impact the smart motors market.

Growth Factor of the Market

One of the primary growth factors for the Industrial Smart Motors Sales market is the accelerated shift towards smart manufacturing and Industry 4.0 principles, which necessitate the adoption of advanced motor technologies. This transition enables factories to achieve greater operational efficiency and productivity by integrating smart motors with IoT devices, allowing real-time data collection and analysis. Additionally, the increasing focus on reducing carbon footprints and energy consumption has led many industries to seek out smart motors that deliver higher efficiency compared to traditional alternatives. The industrial sector is also witnessing a rise in the implementation of automation technologies that require sophisticated motor solutions to handle complex operational tasks. Moreover, governments across various regions are introducing stringent energy efficiency regulations, further propelling the adoption of smart motor technologies. As a result, these factors collectively contribute to the sustained growth of the industrial smart motors market.

Key Highlights of the Market

• The market is expected to reach USD 8.62 billion by 2035.
• Growth is driven by the adoption of Industry 4.0 and smart manufacturing practices.
• Energy efficiency regulations are pushing industries toward sustainable technologies.
• Integration of IoT in smart motors facilitates real-time monitoring and efficiency.
• There is a rising demand in sectors such as automotive and consumer goods for advanced motor solutions.

By Product Type

Permanent Magnet Motors:

Permanent Magnet Motors (PMMs) are gaining traction in the industrial smart motors market due to their high efficiency, compact size, and reliable performance. These motors utilize permanent magnets to create a magnetic field, which greatly enhances their power density compared to traditional motors. This characteristic allows them to operate with lower energy consumption, making them highly sought after in applications that demand high torque at low speeds. The automotive and industrial automation sectors have shown significant interest in PMMs due to the increasing need for energy-efficient driving solutions. Furthermore, advancements in magnet materials and motor designs have further improved their performance, leading to wider adoption across various industries.

Induction Motors:

Induction Motors continue to dominate the industrial motor market due to their robustness, reliability, and relatively low maintenance requirements. These motors operate on the principle of electromagnetic induction, where current is induced in the rotor by a rotating magnetic field. Induction motors are particularly favored in applications with high starting torque and variable speed requirements, such as pumps, fans, and conveyors. The growing trend of automation in manufacturing has led to an increased demand for these motors, as they are well suited for variable frequency drives (VFDs) that enhance their operational efficiency. Additionally, innovations in control technologies are enhancing the capabilities of induction motors, making them more versatile for a broader range of applications.

Servo Motors:

Servo Motors are specifically designed for precise control of angular or linear position, velocity, and acceleration, making them an integral part of automated systems. These motors are widely used in applications that require high precision, such as robotics, CNC machinery, and assembly lines. The demand for servo motors is driven by the increasing need for automation and precision in industrial processes. Their ability to provide accurate feedback and control makes them essential in industries such as aerospace, automotive, and manufacturing. Moreover, advancements in digital control technologies and the integration of IoT features are enhancing the functionality of servo motors, further expanding their application range.

Synchronous Motors:

Synchronous Motors are characterized by their ability to maintain synchronous speed from no-load to full-load conditions, making them ideal for applications requiring constant speed. These motors are commonly utilized in industries such as power generation and manufacturing, where consistent performance is crucial. Their efficiency and reliability at high speeds make them suitable for heavy-duty applications like compressors, mills, and pumps. The increasing emphasis on energy-saving technologies is propelling the development and adoption of synchronous motors, particularly in industries focusing on reducing energy consumption and operational costs.

Stepper Motors:

Stepper Motors are designed for precise positioning and control, making them widely used in applications like 3D printers, CNC machines, and robotics. These motors operate by dividing a full rotation into a set number of steps, which allows for accurate control of movement. The simplicity of integrating stepper motors into various systems, coupled with their ability to provide precise control without the need for feedback systems, makes them a popular choice in computer-controlled applications. The demand for stepper motors is expected to grow as industries increasingly implement automation solutions that require accurate and repeatable motion control.

By Application

Pumps:

Pumps are essential components in various industrial processes, and smart motors play a critical role in improving their efficiency and performance. The integration of smart motors in pump systems allows for precise control of flow rates and pressure, leading to optimized operations. This is particularly significant in industries such as water treatment, oil and gas, and chemical processing, where efficient pump operations directly impact productivity and cost-effectiveness. The growing emphasis on energy efficiency and reducing water wastage is driving the adoption of smart motors in pump applications, as they offer improved energy management and operational flexibility.

Fans:

Fans are widely used in numerous industrial applications for ventilation, cooling, and exhaust purposes. The inclusion of smart motors in fan systems enhances their operational efficiency and adaptability, allowing for better energy management. Smart motors equipped with variable speed drives enable fans to adjust their speed based on real-time demand, resulting in significant energy savings. Industries that require strict temperature and air quality controls, such as food processing, pharmaceuticals, and manufacturing, are increasingly investing in smart fan solutions to maintain optimal working conditions and improve overall system performance.

Compressors:

Compressors are critical for various industrial applications, including refrigeration, air conditioning, and pneumatic systems. The integration of smart motors in compressor systems enhances their reliability and performance while reducing energy consumption. Advanced control technologies enable smart compressors to adjust their operational parameters based on real-time demand, leading to improved efficiency and reduced wear and tear. As industries strive for energy efficiency and cost reduction, the demand for smart motors in compressor applications is expected to grow significantly in the coming years.

Conveyors:

Conveyor systems are integral to many manufacturing and logistics operations, facilitating the movement of goods and materials. The use of smart motors in conveyor applications enables greater control over speed and load handling, leading to more efficient operations. With the integration of IoT technologies, conveyor systems equipped with smart motors can provide real-time data and insights, allowing for proactive maintenance and optimization. The increasing focus on automation and efficiency in supply chain management is driving the demand for smart motors in conveyor applications, as businesses seek to enhance productivity while minimizing downtime.

Extruders:

Extruders are vital for transforming raw materials into finished products in industries such as plastics, food processing, and manufacturing. The adoption of smart motors in extruder applications enhances the precision of the extrusion process and improves overall efficiency. By utilizing smart motor technologies, manufacturers can achieve better control over temperature, pressure, and speed, resulting in higher quality products and reduced material waste. The growing trend towards automation and the need for consistent production quality are propelling the demand for smart motors in extruder applications.

By Distribution Channel

Direct Sales:

Direct sales remain a prominent distribution channel for smart motors, providing manufacturers with an efficient way to reach customers. By selling directly to end-users, manufacturers can establish strong relationships and offer personalized support, which enhances customer satisfaction. This channel enables manufacturers to maintain control over pricing and brand representation, as well as to gather valuable feedback from customers. As industries increasingly prioritize tailored solutions and direct engagement, the direct sales channel for smart motors continues to grow in importance.

Distributors:

Distributors play a crucial role in the supply chain of smart motors, acting as intermediaries between manufacturers and end-users. These distributors are essential for providing a wide range of products and ensuring timely delivery to various industries. By leveraging their established networks and market knowledge, distributors can effectively reach diverse customer segments. Additionally, they often provide value-added services, such as technical support and inventory management, which can enhance the overall customer experience. As the demand for industrial smart motors continues to grow, the distributor segment is expected to expand accordingly.

Online Retailers:

Online retailers have emerged as a significant distribution channel for smart motors, enabling easy access to various products for customers worldwide. The convenience of online shopping, coupled with the ability to compare products and prices, has made this channel increasingly popular among end-users. Online platforms allow manufacturers to showcase their products and reach a broader audience without the constraints of traditional retail spaces. The rise of e-commerce and the growing trend of digitalization in purchasing processes are driving the expansion of online retail as a key distribution channel for smart motors.

OEMs:

Original Equipment Manufacturers (OEMs) are pivotal in the distribution of smart motors, as they often incorporate these technologies into their equipment and machinery. OEMs play a significant role in determining the specifications and performance requirements for smart motors used in various applications, from automotive to industrial machinery. By collaborating with manufacturers of smart motors, OEMs can ensure the quality and reliability of their products, which enhances their reputation in the market. As industries continue to evolve and require smarter solutions, the partnership between OEMs and smart motor manufacturers is set to deepen, driving growth in this distribution channel.

Aftermarket:

The aftermarket segment for smart motors encompasses the sale of replacement parts, upgrades, and services following the initial purchase. This channel is vital for maintaining the performance and extending the lifespan of smart motors in various applications. With increasing automation, businesses are focusing on preventive maintenance and retrofitting existing equipment with advanced motor technologies to enhance efficiency. The growing awareness of the benefits of smart motors in terms of energy savings and operational efficiency is driving the demand for aftermarket solutions, as industries seek to optimize their existing systems.

By Technology

Integrated Smart Motors:

Integrated Smart Motors offer a compact solution by combining the motor and control systems into one unit. This integration simplifies installation and reduces the overall footprint of the motor, making it an ideal choice for applications where space is limited. These motors typically come equipped with advanced features such as feedback systems and communication protocols that enable real-time monitoring and performance optimization. As industries increasingly adopt IoT solutions, the demand for integrated smart motors is expected to rise, benefiting applications across various sectors including manufacturing, transportation, and robotics.

Retrofit Smart Motors:

Retrofit Smart Motors are designed to be easily integrated into existing systems, providing a cost-effective solution for upgrading traditional motor technologies. These motors allow companies to enhance their operational efficiency without the need for complete system overhauls, making them attractive for industries looking to modernize their equipment. Retrofit solutions are particularly advantageous in facilities with a large number of legacy systems, as they can significantly improve performance while minimizing downtime. The growing trend of sustainability and energy efficiency is driving the adoption of retrofit smart motors, as businesses seek to derive more value from their existing investments.

Component Smart Motors:

Component Smart Motors focus on modular designs that allow for customization and flexibility in various applications. These motors can be easily integrated with different control systems and components, making them suitable for a wide range of industrial uses. Their adaptability enables manufacturers to tailor motor specifications to meet specific operational requirements, enhancing overall efficiency. As industries continue to demand more specialized solutions, the component smart motors segment is expected to see significant growth, catering to diverse applications in sectors such as automotive, aerospace, and manufacturing.

Connectivity Smart Motors:

Connectivity Smart Motors are equipped with advanced communication capabilities that allow for seamless integration into IoT ecosystems. These motors can transmit real-time data regarding their performance, enabling proactive maintenance and reducing the likelihood of unexpected failures. The ability to remotely monitor and control these motors enhances operational efficiency and empowers industries to make data-driven decisions. As the trend towards digital transformation in manufacturing gains momentum, the demand for connectivity smart motors is expected to increase, facilitating enhanced operational oversight and efficiency.

Control Smart Motors:

Control Smart Motors are designed to provide advanced control capabilities, allowing for precise adjustments to speed, torque, and position. These motors are particularly valuable in applications that require high levels of accuracy and responsiveness, such as robotics and automated systems. By incorporating advanced algorithms and feedback systems, control smart motors can adapt to changing operational conditions in real-time, optimizing performance. The increasing emphasis on automation and precision in various industries is driving the demand for control smart motors, as they enable businesses to achieve higher productivity and better quality control.

By Region

The North America region is a significant market for industrial smart motors, accounting for approximately 30% of the global market share. The rapid adoption of automation technologies across various industries, along with stringent energy efficiency regulations, is driving the demand for smart motors in this region. The United States and Canada are leading contributors to this growth, with substantial investments in manufacturing and advanced technologies. The expected CAGR for the North American smart motors market is projected to be 5.8% between 2025 and 2035, indicating continued growth as industries increasingly embrace smart motor solutions for enhanced performance and sustainability.

The European market is also witnessing robust growth, with a share of around 25% of the global industrial smart motors market. Countries such as Germany, the UK, and France are at the forefront of adopting smart motor technologies, largely driven by the increasing focus on Industry 4.0 and energy efficiency initiatives. The European Union's commitment to sustainability and innovation is further propelling the demand for smart motors, as businesses seek to reduce emissions and optimize resources. With a projected CAGR of 5.5% from 2025 to 2035, the European market is poised for significant advancements in smart motor technologies, driven by a combination of regulatory support and technological innovation.

Opportunities

The Industrial Smart Motors market presents numerous opportunities for growth, particularly in the context of increasing automation and the adoption of Industry 4.0 principles across various sectors. As industries seek to enhance their operational efficiency, the demand for sophisticated motor solutions capable of integrating with IoT and smart technologies is on the rise. Companies that focus on developing innovative smart motor technologies that provide real-time data analytics, predictive maintenance, and enhanced control capabilities will find ample opportunities to capture market share. Furthermore, the growing emphasis on energy efficiency and sustainability in manufacturing processes is likely to drive businesses to invest in smart motors that not only reduce operational costs but also contribute to environmental goals. This creates a favorable landscape for both established players and new entrants aiming to innovate and offer cutting-edge solutions.

Another significant opportunity lies in the expanding applications of smart motors in emerging markets, where industrialization and modernization are on the rise. Countries in Asia-Pacific, Latin America, and parts of Africa are experiencing rapid growth in manufacturing and infrastructure development, leading to increased demand for advanced motor technologies. Manufacturers and suppliers that tailor their offerings to meet the unique needs of these regions will be well-positioned to capitalize on the burgeoning market. Additionally, partnerships with local distributors and OEMs can enhance market penetration and facilitate the introduction of smart motor solutions in these emerging economies. As these regions continue to evolve, the industrial smart motors market is expected to thrive, presenting a wealth of opportunities for growth and expansion.

Threats

Despite the promising growth prospects of the Industrial Smart Motors market, several threats could impact its trajectory. One of the primary concerns is the rapid pace of technological advancements, which can lead to obsolescence for companies that fail to keep up with innovation. As competition intensifies, businesses must continuously invest in research and development to enhance their motor technologies and offer unique value propositions. Failing to adapt to changing market demands or technological shifts could result in a loss of market share and diminished competitiveness. Additionally, fluctuations in raw material prices, coupled with supply chain disruptions, can pose challenges to manufacturers, affecting their ability to maintain production and pricing stability. Economic uncertainties, such as recessions or trade disputes, could further exacerbate these issues and lead to reduced investments in industrial equipment.

Another potential threat is the increasing focus on alternative technologies and solutions that may overshadow traditional smart motors. As industries explore other energy-efficient options, such as more advanced automation systems or alternative power sources, there could be a shift away from conventional smart motor solutions. Additionally, concerns regarding cybersecurity in connected motor systems could deter some businesses from fully embracing IoT-enabled smart motor technologies. As cyber threats evolve, industries will need to prioritize security to protect their operations and sensitive data, potentially hindering the adoption of connected smart motor solutions. Overall, while there are significant opportunities for growth, these threats must be proactively managed to ensure a sustainable and successful market presence.

Competitor Outlook

• Siemens AG
• ABB Ltd.
• Schneider Electric
• Rockwell Automation
• GE Electric
• Nidec Corporation
• Yaskawa Electric Corporation
• Emerson Electric Co.
• Fanuc Corporation
• Omron Corporation
• Honeywell International Inc.
• Bosch Rexroth AG
• WEG Industries
• Meidensha Corporation
• Regal Beloit Corporation

The competitive landscape of the Industrial Smart Motors market is characterized by a mix of established players and emerging companies that are continually innovating to meet the evolving demands of various industries. Major corporations such as Siemens AG, ABB Ltd., and Schneider Electric dominate the market, leveraging their extensive product portfolios, global reach, and strong brand reputations. These companies invest significantly in research and development to enhance their motor technologies and develop integrated solutions that cater to the needs of modern manufacturing environments. Additionally, partnerships and collaborations with other technology providers are common, allowing these companies to expand their capabilities and offer comprehensive solutions to customers.

Emerging players like Nidec Corporation and Yaskawa Electric Corporation are also making significant strides in the smart motors market, focusing on niche applications and specialized technologies. These companies often emphasize agility and innovation, allowing them to quickly adapt to market trends and customer needs. Furthermore, many of these emerging players are actively exploring the integration of IoT functionalities and advanced control systems in their motor designs, aligning with the growing demand for smart manufacturing solutions. As the market continues to evolve, these companies are positioning themselves to capture market share and establish themselves as key players in the industrial smart motors landscape.

In addition to product innovation, customer service and support play a critical role in the competitive dynamics of this market. Companies that prioritize customer engagement and offer robust technical support are likely to build long-term relationships with their clients, enhancing customer loyalty. Additionally, the increasing focus on sustainability and energy efficiency is prompting companies to develop eco-friendly motor solutions, further differentiating their offerings in the marketplace. Overall, the competitive landscape of the Industrial Smart Motors market is dynamic, with players continuously striving to innovate and provide value to their customers amidst evolving market conditions.

• 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 Siemens AG
    • 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 GE Electric
    • 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 WEG Industries
    • 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 Bosch Rexroth AG
    • 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 Fanuc 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 Nidec 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 Omron Corporation
    • 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 Schneider Electric
    • 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
    • 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 Emerson Electric Co.
    • 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 Meidensha 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 Regal Beloit Corporation
    • 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 Honeywell International Inc.
    • 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 Yaskawa Electric Corporation
    • 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 Industrial Smart Motors Sales Market, By Technology
    • 6.1.1 Integrated Smart Motors
    • 6.1.2 Retrofit Smart Motors
    • 6.1.3 Component Smart Motors
    • 6.1.4 Connectivity Smart Motors
    • 6.1.5 Control Smart Motors
  • 6.2 Industrial Smart Motors Sales Market, By Application
    • 6.2.1 Pumps
    • 6.2.2 Fans
    • 6.2.3 Compressors
    • 6.2.4 Conveyors
    • 6.2.5 Extruders
  • 6.3 Industrial Smart Motors Sales Market, By Product Type
    • 6.3.1 Permanent Magnet Motors
    • 6.3.2 Induction Motors
    • 6.3.3 Servo Motors
    • 6.3.4 Synchronous Motors
    • 6.3.5 Stepper Motors
  • 6.4 Industrial Smart Motors Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retailers
    • 6.4.4 OEMs
    • 6.4.5 Aftermarket

• 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 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Industrial Smart Motors Sales Market by Region

• 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 Industrial Smart Motors Sales market is categorized based on

By Product Type

• Permanent Magnet Motors
• Induction Motors
• Servo Motors
• Synchronous Motors
• Stepper Motors

By Application

• Pumps
• Fans
• Compressors
• Conveyors
• Extruders

By Distribution Channel

• Direct Sales
• Distributors
• Online Retailers
• OEMs
• Aftermarket

By Technology

• Integrated Smart Motors
• Retrofit Smart Motors
• Component Smart Motors
• Connectivity Smart Motors
• Control Smart Motors

By Region

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

Key Players

• Siemens AG
• ABB Ltd.
• Schneider Electric
• Rockwell Automation
• GE Electric
• Nidec Corporation
• Yaskawa Electric Corporation
• Emerson Electric Co.
• Fanuc Corporation
• Omron Corporation
• Honeywell International Inc.
• Bosch Rexroth AG
• WEG Industries
• Meidensha Corporation
• Regal Beloit Corporation