Global Servo Drives Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Servo Drives Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

A servo drive is a special electronic amplifier used to power electric servomechanisms. A servo drive monitors the feedback signal from the servomechanism and continually adjusts for deviation from expected behavior.
According to APO Research, The global Servo Drives market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Servo Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Servo Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Servo Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Servo Drives include Panasonic, Yasukawa, ABB, Fanuc, Mitsubshi, Yokogawa, Okuma, Omron and Siemens, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Servo Drives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Servo Drives.
The Servo Drives market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Servo Drives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Panasonic
Yasukawa
ABB
Fanuc
Mitsubshi
Yokogawa
Okuma
Omron
Siemens
Hitachi
Fuji
Toshiba
Lenze
Shinano Kenshi
Toyo
Rexroth (Bosch)
NEC
Sanyo Denki
Keyence
Tamagawa
Rockwell
Schneider
NSK
Emerson
Danaher Motion
Delta
Parker Hannifin
TECO
Inovance Technology
Oriental Motal
Servo Drives segment by Power
Below 1KW
From 1KW to 5KW
Above 5KW
Servo Drives segment by Application

Small Equipment
Medium Machinery
Large Machinery
Servo Drives Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Servo Drives market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Servo Drives and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Servo Drives.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Servo Drives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Servo Drives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Servo Drives Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Servo Drives Sales Estimates and Forecasts (2019-2030)
1.3 Servo Drives Market by Power
1.3.1 Below 1KW
1.3.2 From 1KW to 5KW
1.3.3 Above 5KW
1.4 Global Servo Drives Market Size by Power
1.4.1 Global Servo Drives Market Size Overview by Power (2019-2030)
1.4.2 Global Servo Drives Historic Market Size Review by Power (2019-2024)
1.4.3 Global Servo Drives Forecasted Market Size by Power (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Servo Drives Sales Breakdown by Power (2019-2024)
1.5.2 Europe Servo Drives Sales Breakdown by Power (2019-2024)
1.5.3 Asia-Pacific Servo Drives Sales Breakdown by Power (2019-2024)
1.5.4 Latin America Servo Drives Sales Breakdown by Power (2019-2024)
1.5.5 Middle East and Africa Servo Drives Sales Breakdown by Power (2019-2024)
2 Global Market Dynamics
2.1 Servo Drives Industry Trends
2.2 Servo Drives Industry Drivers
2.3 Servo Drives Industry Opportunities and Challenges
2.4 Servo Drives Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Servo Drives Revenue (2019-2024)
3.2 Global Top Players by Servo Drives Sales (2019-2024)
3.3 Global Top Players by Servo Drives Price (2019-2024)
3.4 Global Servo Drives Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Servo Drives Key Company Manufacturing Sites & Headquarters
3.6 Global Servo Drives Company, Product Type & Application
3.7 Global Servo Drives Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Servo Drives Market CR5 and HHI
3.8.2 Global Top 5 and 10 Servo Drives Players Market Share by Revenue in 2023
3.8.3 2023 Servo Drives Tier 1, Tier 2, and Tier 3
4 Servo Drives Regional Status and Outlook
4.1 Global Servo Drives Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Servo Drives Historic Market Size by Region
4.2.1 Global Servo Drives Sales in Volume by Region (2019-2024)
4.2.2 Global Servo Drives Sales in Value by Region (2019-2024)
4.2.3 Global Servo Drives Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Servo Drives Forecasted Market Size by Region
4.3.1 Global Servo Drives Sales in Volume by Region (2025-2030)
4.3.2 Global Servo Drives Sales in Value by Region (2025-2030)
4.3.3 Global Servo Drives Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Servo Drives by Application
5.1 Servo Drives Market by Application
5.1.1 Small Equipment
5.1.2 Medium Machinery
5.1.3 Large Machinery
5.2 Global Servo Drives Market Size by Application
5.2.1 Global Servo Drives Market Size Overview by Application (2019-2030)
5.2.2 Global Servo Drives Historic Market Size Review by Application (2019-2024)
5.2.3 Global Servo Drives Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Servo Drives Sales Breakdown by Application (2019-2024)
5.3.2 Europe Servo Drives Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Servo Drives Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Servo Drives Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Servo Drives Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Panasonic
6.1.1 Panasonic Comapny Information
6.1.2 Panasonic Business Overview
6.1.3 Panasonic Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Panasonic Servo Drives Product Portfolio
6.1.5 Panasonic Recent Developments
6.2 Yasukawa
6.2.1 Yasukawa Comapny Information
6.2.2 Yasukawa Business Overview
6.2.3 Yasukawa Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Yasukawa Servo Drives Product Portfolio
6.2.5 Yasukawa Recent Developments
6.3 ABB
6.3.1 ABB Comapny Information
6.3.2 ABB Business Overview
6.3.3 ABB Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.3.4 ABB Servo Drives Product Portfolio
6.3.5 ABB Recent Developments
6.4 Fanuc
6.4.1 Fanuc Comapny Information
6.4.2 Fanuc Business Overview
6.4.3 Fanuc Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Fanuc Servo Drives Product Portfolio
6.4.5 Fanuc Recent Developments
6.5 Mitsubshi
6.5.1 Mitsubshi Comapny Information
6.5.2 Mitsubshi Business Overview
6.5.3 Mitsubshi Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Mitsubshi Servo Drives Product Portfolio
6.5.5 Mitsubshi Recent Developments
6.6 Yokogawa
6.6.1 Yokogawa Comapny Information
6.6.2 Yokogawa Business Overview
6.6.3 Yokogawa Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Yokogawa Servo Drives Product Portfolio
6.6.5 Yokogawa Recent Developments
6.7 Okuma
6.7.1 Okuma Comapny Information
6.7.2 Okuma Business Overview
6.7.3 Okuma Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Okuma Servo Drives Product Portfolio
6.7.5 Okuma Recent Developments
6.8 Omron
6.8.1 Omron Comapny Information
6.8.2 Omron Business Overview
6.8.3 Omron Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Omron Servo Drives Product Portfolio
6.8.5 Omron Recent Developments
6.9 Siemens
6.9.1 Siemens Comapny Information
6.9.2 Siemens Business Overview
6.9.3 Siemens Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Siemens Servo Drives Product Portfolio
6.9.5 Siemens Recent Developments
6.10 Hitachi
6.10.1 Hitachi Comapny Information
6.10.2 Hitachi Business Overview
6.10.3 Hitachi Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Hitachi Servo Drives Product Portfolio
6.10.5 Hitachi Recent Developments
6.11 Fuji
6.11.1 Fuji Comapny Information
6.11.2 Fuji Business Overview
6.11.3 Fuji Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Fuji Servo Drives Product Portfolio
6.11.5 Fuji Recent Developments
6.12 Toshiba
6.12.1 Toshiba Comapny Information
6.12.2 Toshiba Business Overview
6.12.3 Toshiba Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Toshiba Servo Drives Product Portfolio
6.12.5 Toshiba Recent Developments
6.13 Lenze
6.13.1 Lenze Comapny Information
6.13.2 Lenze Business Overview
6.13.3 Lenze Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Lenze Servo Drives Product Portfolio
6.13.5 Lenze Recent Developments
6.14 Shinano Kenshi
6.14.1 Shinano Kenshi Comapny Information
6.14.2 Shinano Kenshi Business Overview
6.14.3 Shinano Kenshi Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Shinano Kenshi Servo Drives Product Portfolio
6.14.5 Shinano Kenshi Recent Developments
6.15 Toyo
6.15.1 Toyo Comapny Information
6.15.2 Toyo Business Overview
6.15.3 Toyo Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Toyo Servo Drives Product Portfolio
6.15.5 Toyo Recent Developments
6.16 Rexroth (Bosch)
6.16.1 Rexroth (Bosch) Comapny Information
6.16.2 Rexroth (Bosch) Business Overview
6.16.3 Rexroth (Bosch) Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Rexroth (Bosch) Servo Drives Product Portfolio
6.16.5 Rexroth (Bosch) Recent Developments
6.17 NEC
6.17.1 NEC Comapny Information
6.17.2 NEC Business Overview
6.17.3 NEC Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.17.4 NEC Servo Drives Product Portfolio
6.17.5 NEC Recent Developments
6.18 Sanyo Denki
6.18.1 Sanyo Denki Comapny Information
6.18.2 Sanyo Denki Business Overview
6.18.3 Sanyo Denki Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Sanyo Denki Servo Drives Product Portfolio
6.18.5 Sanyo Denki Recent Developments
6.19 Keyence
6.19.1 Keyence Comapny Information
6.19.2 Keyence Business Overview
6.19.3 Keyence Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Keyence Servo Drives Product Portfolio
6.19.5 Keyence Recent Developments
6.20 Tamagawa
6.20.1 Tamagawa Comapny Information
6.20.2 Tamagawa Business Overview
6.20.3 Tamagawa Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Tamagawa Servo Drives Product Portfolio
6.20.5 Tamagawa Recent Developments
6.21 Rockwell
6.21.1 Rockwell Comapny Information
6.21.2 Rockwell Business Overview
6.21.3 Rockwell Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Rockwell Servo Drives Product Portfolio
6.21.5 Rockwell Recent Developments
6.22 Schneider
6.22.1 Schneider Comapny Information
6.22.2 Schneider Business Overview
6.22.3 Schneider Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Schneider Servo Drives Product Portfolio
6.22.5 Schneider Recent Developments
6.23 NSK
6.23.1 NSK Comapny Information
6.23.2 NSK Business Overview
6.23.3 NSK Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.23.4 NSK Servo Drives Product Portfolio
6.23.5 NSK Recent Developments
6.24 Emerson
6.24.1 Emerson Comapny Information
6.24.2 Emerson Business Overview
6.24.3 Emerson Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.24.4 Emerson Servo Drives Product Portfolio
6.24.5 Emerson Recent Developments
6.25 Danaher Motion
6.25.1 Danaher Motion Comapny Information
6.25.2 Danaher Motion Business Overview
6.25.3 Danaher Motion Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.25.4 Danaher Motion Servo Drives Product Portfolio
6.25.5 Danaher Motion Recent Developments
6.26 Delta
6.26.1 Delta Comapny Information
6.26.2 Delta Business Overview
6.26.3 Delta Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.26.4 Delta Servo Drives Product Portfolio
6.26.5 Delta Recent Developments
6.27 Parker Hannifin
6.27.1 Parker Hannifin Comapny Information
6.27.2 Parker Hannifin Business Overview
6.27.3 Parker Hannifin Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.27.4 Parker Hannifin Servo Drives Product Portfolio
6.27.5 Parker Hannifin Recent Developments
6.28 TECO
6.28.1 TECO Comapny Information
6.28.2 TECO Business Overview
6.28.3 TECO Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.28.4 TECO Servo Drives Product Portfolio
6.28.5 TECO Recent Developments
6.29 Inovance Technology
6.29.1 Inovance Technology Comapny Information
6.29.2 Inovance Technology Business Overview
6.29.3 Inovance Technology Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.29.4 Inovance Technology Servo Drives Product Portfolio
6.29.5 Inovance Technology Recent Developments
6.30 Oriental Motal
6.30.1 Oriental Motal Comapny Information
6.30.2 Oriental Motal Business Overview
6.30.3 Oriental Motal Servo Drives Sales, Revenue and Gross Margin (2019-2024)
6.30.4 Oriental Motal Servo Drives Product Portfolio
6.30.5 Oriental Motal Recent Developments
7 North America by Country
7.1 North America Servo Drives Sales by Country
7.1.1 North America Servo Drives Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Servo Drives Sales by Country (2019-2024)
7.1.3 North America Servo Drives Sales Forecast by Country (2025-2030)
7.2 North America Servo Drives Market Size by Country
7.2.1 North America Servo Drives Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Servo Drives Market Size by Country (2019-2024)
7.2.3 North America Servo Drives Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Servo Drives Sales by Country
8.1.1 Europe Servo Drives Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Servo Drives Sales by Country (2019-2024)
8.1.3 Europe Servo Drives Sales Forecast by Country (2025-2030)
8.2 Europe Servo Drives Market Size by Country
8.2.1 Europe Servo Drives Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Servo Drives Market Size by Country (2019-2024)
8.2.3 Europe Servo Drives Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Servo Drives Sales by Country
9.1.1 Asia-Pacific Servo Drives Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Servo Drives Sales by Country (2019-2024)
9.1.3 Asia-Pacific Servo Drives Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Servo Drives Market Size by Country
9.2.1 Asia-Pacific Servo Drives Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Servo Drives Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Servo Drives Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Servo Drives Sales by Country
10.1.1 Latin America Servo Drives Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Servo Drives Sales by Country (2019-2024)
10.1.3 Latin America Servo Drives Sales Forecast by Country (2025-2030)
10.2 Latin America Servo Drives Market Size by Country
10.2.1 Latin America Servo Drives Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Servo Drives Market Size by Country (2019-2024)
10.2.3 Latin America Servo Drives Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Servo Drives Sales by Country
11.1.1 Middle East and Africa Servo Drives Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Servo Drives Sales by Country (2019-2024)
11.1.3 Middle East and Africa Servo Drives Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Servo Drives Market Size by Country
11.2.1 Middle East and Africa Servo Drives Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Servo Drives Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Servo Drives Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Servo Drives Value Chain Analysis
12.1.1 Servo Drives Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Servo Drives Production Mode & Process
12.2 Servo Drives Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Servo Drives Distributors
12.2.3 Servo Drives Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings