Global Servo Motors and Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Servo Motors and Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A servo motor is a rotary actuator that allows for precise control of angular position. Servo motors are utilized in industrial machine tools, CNC manufacturing machines and processes, and packaging applications. Electronic Equipment utilize servo motors because of their smooth commutation and accurate positioning. The aerospace industry makes use of servo motors in their hydraulic systems to contain system hydraulic fluid. Servo Drives, sometimes called servo amplifiers, are devices that have the ability to take a low power command signal from a motion controller and turn it into high power current/voltage. This is then applied to servo motor windings in order to produce torque.

According to our (Global Info Research) latest study, the global Servo Motors and Drives market size was valued at US$ 16060 million in 2023 and is forecast to a readjusted size of USD 22400 million by 2030 with a CAGR of 4.6% during review period.

The core manufacturers of global Servo Motors and Drives include Yaskawa, Mitsubishi, Fanuc, Siemens, etc. The top four players account for about 34% of the global market share. Asia-Pacific is the largest market globally, with a market share of about 52%, followed by Europe and North America, with a market share of about 22% and 20%, respectively. In term of application, Machinery-related Industries are the largest downstream sector, accounting for about 39%.

This report is a detailed and comprehensive analysis for global Servo Motors and Drives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Servo Motors and Drives market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Servo Motors and Drives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Servo Motors and Drives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Servo Motors and Drives market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Servo Motors and Drives

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Servo Motors and Drives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yaskawa, Mitsubishi, Fanuc, Siemens, Panasonic, ABB, Rockwell, Inovance, Nidec, Delta, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Servo Motors and Drives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Servo Motors
Servo Drives

Market segment by Application
Machinery-related Industries
Electronics-related Industries
Others

Major players covered
Yaskawa
Mitsubishi
Fanuc
Siemens
Panasonic
ABB
Rockwell
Inovance
Nidec
Delta
SANYO DENKI
Rexroth (Bosch)
Teco
Schneider
Moog
Oriental Motor
Shibaura Machine
Parker Hannifin
Kollmorgen
Lenze
Omron
Beckhoff
Zhejiang He Chuan Tech
Fuji Electric
LS Electric

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Servo Motors and Drives product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Servo Motors and Drives, with price, sales quantity, revenue, and global market share of Servo Motors and Drives from 2019 to 2024.

Chapter 3, the Servo Motors and Drives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Servo Motors and Drives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Servo Motors and Drives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Servo Motors and Drives.

Chapter 14 and 15, to describe Servo Motors and Drives sales channel, distributors, customers, research findings and conclusion.