Global Servo Drives Market Growth 2025-2031

The global Servo Drives market size is predicted to grow from US$ 7189 million in 2025 to US$ 9976 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.

Servo drives are essential components in modern motion control systems, designed to control the position, velocity, and torque of servo motors. They are used in a wide variety of applications including robotics, CNC machinery, automated manufacturing, and more. Servo drives precisely control the motion of servo motors, managing the position, speed, and torque to achieve the desired motion profile.

Global key players of Servo Drive market include Yaskawa, Mitsubishi, Fanuc, Panasonic, Siemens, etc. The top five players hold a share about 45%. China is the largest market and has a share about 24%, followed by Europe and Japan, with share 22% and 21%, separately. In terms of product type, From 1KW to 5KW is the largest segment, occupied for a share of 52%, and in terms of application, Machinery-related Industries has a share about 39 percent.

LP Information, Inc. (LPI) ' newest research report, the “Servo Drives Industry Forecast” looks at past sales and reviews total world Servo Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected Servo Drives sales for 2025 through 2031. With Servo Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Servo Drives industry.

This Insight Report provides a comprehensive analysis of the global Servo Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Servo Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Servo Drives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Servo Drives and breaks down the forecast by Power, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Servo Drives.

This report presents a comprehensive overview, market shares, and growth opportunities of Servo Drives market by product type, application, key manufacturers and key regions and countries.

Segmentation by Power:

Below 1KW

From 1KW to 5KW

Above 5KW

Segmentation by Application:

Machinery-related Industries

Electronics-related Industries

Industrial Robots

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Yaskawa

Mitsubishi

Fanuc

Panasonic

Siemens

Rockwell

Inovance

ABB

Nidec

Delta

Schneider

SANYO DENKI

Rexroth (Bosch)

Moog

Teco

Oriental Motor

Parker Hannifin

Omron

Zhejiang He Chuan Tech

Fuji Electric

Kollmorgen

ESTUN

LS Electric

Lenze

Wuhan Huazhong Numerical Control Co., Ltd.

Guangzhou CNC Equipment

Beckhoff

INVT (Shenzhen INVT Electric Co.,Ltd)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Servo Drives market?

What factors are driving Servo Drives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Servo Drives market opportunities vary by end market size?

How does Servo Drives break out by Power, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.