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Servo Motors and Drives - Global Strategic Business Report

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    Report

  • 758 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806004
The global market for Servo Motors and Drives is estimated at US$16.9 Billion in 2023 and is projected to reach US$24.4 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Servo Motors segment, which is expected to reach US$14.6 Billion by 2030 with a CAGR of 4.3%. The Servo Drives segment is also set to grow at 5.5% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $2.7 Billion in 2023, and China, forecasted to grow at an impressive 5.6% CAGR to reach $6.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Servo Motors and Drives Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Servo Motors and Drives Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Servo Motors and Drives Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as AMETEK, Inc., Fuji Electric Co., Ltd., Delta Electronics, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 177 Featured):

  • AMETEK, Inc.
  • Fuji Electric Co., Ltd.
  • Delta Electronics, Inc.
  • FANUC Corporation
  • Altra Industrial Motion Corporation
  • Gefran SpA
  • Bharat Bijlee Ltd.
  • Allied Motion Technologies, Inc.
  • Acma SpA
  • Anaheim Automation, Inc.
  • Designatronics, Inc.
  • ElectroCraft, Inc.
  • Georgii Kobold GmbH & Co. KG
  • Chr. Mayr GmbH + Co. KG
  • AutomationDirect.com

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Servo Motors and Drives: Playing a Significant Role in Modern Industrial Applications
  • Servo Drives Become Integral for Automated Control Systems
  • Global Economic Update
  • World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
  • From Pandemic to War & Inflation: “Subdued Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • What’s Causing Inflationary Pressures in the Global Market
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve: Global Inflation Rates (In %) for the Years 2019 through 2024
  • Global Economy Slowly Limps Towards Recovery, Resiliently Navigating the War & Decades-High Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Weak Economy & Negative Tide in GDP Impact Servo Motors and Drives Market
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • Servo Motors and Drives: Overview and Types
  • Global Market Outlook
  • Servo Motors and Drives Critical to Various Industries
  • Servo Motors Find Use in Emerging Applications
  • Competition
  • Servo Motors and Drives - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • As Automation Becomes Part of Growing Industries, Processes and Factories, Demand Rises for Servo Motors & Drives
  • Increased Spending on Industrial Automation Spurs Need for Servo Motors and Drives: Global Industrial Automation Market (in US$ Billion) for the Years 2022, 2024, 2026 and 2028
  • Factory Automation Trend Opens Corridors of Absolute Power for Servo Motors & Drives
  • Automation Sets Stage for Cutting-Edge Servo with Unprecedented Control & Precision
  • Game-Changing Advancements Shifting Boundaries of Motors & Drives
  • Automation & Innovations Augur Well for Servo Motors & Drives
  • Ultra-Fast Current Loop Technology: A Prominent Milestone of Evolutionary Journey of Servo Drives
  • Continuously Evolving Servos Benefit End-Users
  • Artificial Intelligence (AI) Steps In to Enhance Precision, Precision, Adaptability, and Efficiency of Servo Motors and Drives
  • IoT & Big Data Transform Servo Motors for Enhanced Performance and Management
  • Growing Use of Robotics in Industrial Facilities Gives Rise to Market Demand
  • Industrial Robot Density (Units Per 10,000 Workers) by Country for 2023
  • Motors for Industrial Robotic Machinery
  • Industry 4.0 and Smart Factories Present Tremendous Potential for Servo Motors and Drives Market
  • Global Industry 4.0 Market Size in US$ Billion for the Years 2022, 2024, 2026 and 2028
  • Servo Motors Critical for Motion Control in Industry 4.0
  • Auto Industry’s Shift towards Advanced and Efficient Automation Technologies Augurs Well for the Market
  • How the Automotive Industry was Impacted by the Pandemic
  • World Automobile Production in Million Units: 2008-2022
  • Rising Prominence of Energy-Efficient Electric Vehicles to Spur Demand for DC Servo Motors
  • World EVs Sales in Units for Years 2020, 2022, 2024 and 2026
  • Semiconductor & Electronics Industry Growth Shapes Market Dynamics
  • Global Semiconductor Industry (In US$ Billion) for Years 2022, 2024, 2026, 2028, and 2030
  • Textile Industry: Servo Motors Play a Vital Role in Enhancing Textile Manufacturing
  • Food Processing Industry Benefits from the Advent of Advanced Food-Grade Servo Motors
  • Global Processed Foods Market Size (in US$ Billion) for the Years 2022, 2024, 2026 and 2028
  • Medical Equipment Advancements to Enhance Need for Servo Motors & Drives
  • AC Servo Motors Find Growing Use in the Medical Sector
  • Servo Motor Packs Powerful Performance Punch for Packing Machines
  • Servo Motors for Motion Control in Harsh Environments
  • Small-Sized Servo Motors and Application-Specific Servo Systems on the Rise
  • Servo Drives Market Poised for Long-Term Healthy Growth
  • A Review of Emerging Trends in Servo Drives
  • Die Casting & Electric Servo Motors: The Die is Cast for Sustainability Gains
  • Complex Operations and Intense Competition Fuel Need for Efficient Servo Motors
  • Spending on Energy Efficiency Directly Benefits Demand for Energy Efficient Servo Motors: Global Investments in Energy Efficiency (In US$ Billion) For Years 2015, 2017, 2019, 2021 and 2023
  • Adoption of Energy Efficiency Standards Worldwide Supports Demand for Servo Motors & Drives
  • Modern Servo Capabilities Extend Beyond Basic Functions Embracing AI and Advanced Communication Technologies
  • Model-Matching Control Servo Technology Overcomes Drawbacks of Traditional PID Control
  • Rising Use of Motor Control Components in Motors: Opportunity for the Market
  • Challenges Restraining Servo Motors and Drives Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Servo Motors and Drives Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Servo Motors and Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Servo Motors and Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Servo Motors and Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Motors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Motors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Motors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Drives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Drives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Rotary by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Rotary by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Rotary by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Linear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Linear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Linear by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Automotive & Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Automotive & Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Automotive & Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Semiconductor & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 21: World Historic Review for Semiconductor & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 22: World 16-Year Perspective for Semiconductor & Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Food Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 24: World Historic Review for Food Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 25: World 16-Year Perspective for Food Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 27: World Historic Review for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 28: World 16-Year Perspective for Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Printing & Paper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 30: World Historic Review for Printing & Paper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 31: World 16-Year Perspective for Printing & Paper by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Petrochemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 33: World Historic Review for Petrochemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 34: World 16-Year Perspective for Petrochemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 36: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 37: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Overview
EUROPE
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Overview
FRANCE
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Market Overview
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICA
  • Servo Motors and Drives Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AMETEK, Inc.
  • Fuji Electric Co., Ltd.
  • Delta Electronics, Inc.
  • FANUC Corporation
  • Altra Industrial Motion Corporation
  • Gefran SpA
  • Bharat Bijlee Ltd.
  • Allied Motion Technologies, Inc.
  • Acma SpA
  • Anaheim Automation, Inc.
  • Designatronics, Inc.
  • ElectroCraft, Inc.
  • Georgii Kobold GmbH & Co. KG
  • Chr. Mayr GmbH + Co. KG
  • AutomationDirect.com

Table Information