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Revenue shifts of your clients: The growing trend towards smart manufacturing has resulted in end-users looking for high-precision smart motion control solutions to automate critical tasks such as inspection, assembly, and packaging. Due to the transformation in assembly lines as a result of the introduction of EVs & autonomous vehicles, servo motors are gaining traction in automotive manufacturing environments.  Moreover, the use of servo motors in steering systems of autonomous vehicles is on the rise. With the miniaturization of electronic devices, servo motors with nanometer precision accuracy are gaining popularity in semiconductor manufacturing, especially for automated optical inspection (AOI), wafer handling robots, and LCD\photovoltaic cells. Servo motors are replacing stepper motors in DNA extraction machines, microarray machines, and imaging systems owing to their higher throughput, better control mechanism, and accuracy. 

Unknowns: Robotics companies have realized that procuring servo motors is more expensive as opposed to manufacturing them. Expected growth over the next five years in the robotics segment has made these companies move towards manufacturing servo motors. From a technology standpoint, the development of direct drive servo motors has eliminated the need for gearboxes, pulleys, and other mechanical equipment, thereby resulting in faster settling times, reduced energy consumption, and improved controls. Going forward, direct drive servo motors would be the future of the servo motor industry, especially in industrial robots and machine tools applications.  

Interconnections: Over the past couple of years, most automotive and e-commerce firms have been installing linear motion systems instead of traditional conveyor and sortation systems. In the future, the adoption of linear motion systems is likely to increase in other industries as well, owing to benefits such as easy installment, low maintenance, and flexibility. Rapid growth in e-commerce has forced logistics companies to adopt flexible warehouse automation solutions to meet the growing demand. With the rising need for automated warehouse/retail automation, end-users are increasingly adopting automated guided vehicles, autonomous mobile robots, and linear motion systems. With the concept of connected factories becoming a reality, wireless commutation protocol-based servo motor solutions will gain ground.