Servo Motors and Drives Market Introduction and Overview
According to SPER market research, ‘Global Servo Motors and Drives Market Size- By Product Type, By Voltage Range, By System, By Communication Protocol, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Servo Motors and Drives Market is predicted to reach 27.55 billion by 2034 with a CAGR of 6.1%.
Servo motors and drives are key components of motion control systems, which are widely utilized in industries to manage accurate positioning, speed, and torque. A servo motor is a high-performance motor that uses electrical energy to produce mechanical motion. It typically includes a motor, a feedback device (such as an encoder), and control electronics. Servo drives serve as the link between the control system and the motor, controlling power and ensuring that the motor functions properly based on feedback signals.
Restraints:Integrating new automation technology into existing infrastructure requires significant expenditure. Factory automation entails incorporating new technology into an existing infrastructure. Upgrading automation technology incurs significant costs for transforming the entire infrastructure. Small and medium-sized businesses have funding constraints when investing in Industry 4.0 technologies.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Product Type, By Voltage Range, By System, By Communication Protocol, By End Use.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
ABB Ltd., Bosch Rexroth AG, Delta Electronics, Inc., Emerson Electric Co., Fanuc Corporation ,Mitsubishi Electric Corporation, Nidec Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG and Others.
Servo Motors and Drives Market Segmentation:
By Product Type:Based on the Product, Global Servo Motors and Drives Market is segmented as Servo Motors and Servo Drives.
By Voltage Range:Based on the Voltage Range, Global Servo Motors and Drives Market is segmented as; Low Voltage and Medium and High Voltage.
By System:Based on the System, Global Servo Motors and Drives Market is segmented as; Linear System and Rotary System.
By Communication Protocol:Based on the Communication Protocol, Global Servo Motors and Drives Market is segmented as; Fieldbus, Industrial Ethernet and Wireless.
By End Use:Based on the End Use, Global Servo Motors and Drives Market is segmented as; Machine Tools, Packaging, Robotics, Semiconductors, Electronics, Rubber and Plastics and Others.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Servo Motors and Drives Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Servo Motors and Drives Market
- 7. Global Servo Motors and Drives Market, By Product Type (USD Million) 2021-2034
- 7.1. Servo Motors
- 7.2. Servo Drives
- 8. Global Servo Motors and Drives Market, By Voltage Range (USD Million) 2021-2034
- 8.1. Low Voltage
- 8.2. Medium and High Voltage
- 9. Global Servo Motors and Drives Market, By System (USD Million) 2021-2034
- 9.1. Linear System
- 9.2. Rotary System
- 10. Global Servo Motors and Drives Market, By Communication Protocol (USD Million) 2021-2034
- 10.1. Fieldbus
- 10.2. Industrial Ethernet
- 10.3. Wireless
- 11. Global Servo Motors and Drives Market, By End Use (USD Million) 2021-2034
- 11.1. Machine Tools
- 11.2. Packaging
- 11.3. Robotics
- 11.4. Semiconductors
- 11.5. Electronics
- 11.6. Rubber and Plastics
- 11.7. Others
- 12. Global Servo Motors and Drives Market, (USD Million) 2021-2034
- 12.1. Global Servo Motors and Drives Market Size and Market Share
- 13. Global Servo Motors and Drives Market, By Region, (USD Million) 2021-2034
- 13.1. Asia-Pacific
- 13.1.1. Australia
- 13.1.2. China
- 13.1.3. India
- 13.1.4. Japan
- 13.1.5. South Korea
- 13.1.6. Rest of Asia-Pacific
- 13.2. Europe
- 13.2.1. France
- 13.2.2. Germany
- 13.2.3. Italy
- 13.2.4. Spain
- 13.2.5. United Kingdom
- 13.2.6. Rest of Europe
- 13.3. Middle East and Africa
- 13.3.1. Kingdom of Saudi Arabia
- 13.3.2. United Arab Emirates
- 13.3.3. Qatar
- 13.3.4. South Africa
- 13.3.5. Egypt
- 13.3.6. Morocco
- 13.3.7. Nigeria
- 13.3.8. Rest of Middle-East and Africa
- 13.4. North America
- 13.4.1. Canada
- 13.4.2. Mexico
- 13.4.3. United States
- 13.5. Latin America
- 13.5.1. Argentina
- 13.5.2. Brazil
- 13.5.3. Rest of Latin America
- 14. Company Profile
- 14.1. ABB Ltd.
- 14.1.1. Company details
- 14.1.2. Financial outlook
- 14.1.3. Product summary
- 14.1.4. Recent developments
- 14.2. Bosch Rexroth AG
- 14.2.1. Company details
- 14.2.2. Financial outlook
- 14.2.3. Product summary
- 14.2.4. Recent developments
- 14.3. Delta Electronics, Inc.
- 14.3.1. Company details
- 14.3.2. Financial outlook
- 14.3.3. Product summary
- 14.3.4. Recent developments
- 14.4. Emerson Electric Co.
- 14.4.1. Company details
- 14.4.2. Financial outlook
- 14.4.3. Product summary
- 14.4.4. Recent developments
- 14.5. Fanuc Corporation
- 14.5.1. Company details
- 14.5.2. Financial outlook
- 14.5.3. Product summary
- 14.5.4. Recent developments
- 14.6. Mitsubishi Electric Corporation
- 14.6.1. Company details
- 14.6.2. Financial outlook
- 14.6.3. Product summary
- 14.6.4. Recent developments
- 14.7. Nidec Corporation
- 14.7.1. Company details
- 14.7.2. Financial outlook
- 14.7.3. Product summary
- 14.7.4. Recent developments
- 14.8. Rockwell Automation Inc.
- 14.8.1. Company details
- 14.8.2. Financial outlook
- 14.8.3. Product summary
- 14.8.4. Recent developments
- 14.9. Schneider Electric SE
- 14.9.1. Company details
- 14.9.2. Financial outlook
- 14.9.3. Product summary
- 14.9.4. Recent developments
- 14.10. Siemens AG
- 14.10.1. Company details
- 14.10.2. Financial outlook
- 14.10.3. Product summary
- 14.10.4. Recent developments
- 15. Conclusion
- 16. List of Abbreviations
- 17. Reference Links
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