Global DC Servo Drives Market to Reach $463.9 Million by 2030
The global market for DC Servo Drives estimated at US$258.8 Million in the year 2022, is projected to reach a revised size of US$463.9 Million by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030. Material Handling, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$190.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Assembly Line segment is readjusted to a revised 6.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $76.5 Million, While China is Forecast to Grow at 7% CAGR
The DC Servo Drives market in the U.S. is estimated at US$76.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$80 Million by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.Select Competitors (Total 17 Featured) -
- ABB Ltd.
- Adtech (Shenzhen) Technology Co., Ltd.
- Bosch Rexroth AG
- Delta Electronics, Inc.
- Emerson Electric Co.
- FANUC Corp.
- Kinco Automation Pvt. Ltd.
- Kollmorgen Corp.
- Mitsubishi Electric Corp.
- Rockwell Automation, Inc.
- Schneider Electric
- Siemens AG
- Yaskawa Electric Corp.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Adtech (Shenzhen) Technology Co., Ltd.
- Bosch Rexroth AG
- Delta Electronics, Inc.
- Emerson Electric Co.
- FANUC Corp.
- Kinco Automation Pvt. Ltd.
- Kollmorgen Corp.
- Mitsubishi Electric Corp.
- Rockwell Automation, Inc.
- Schneider Electric
- Siemens AG
- Yaskawa Electric Corp.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 83 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 258.8 Million |
Forecasted Market Value ( USD | $ 463.9 Million |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |