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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.
The global Servo Motors and Drives market was valued at US$ 15610 million in 2023 and is anticipated to reach US$ 21900 million by 2030, witnessing a CAGR of 4.7% during the forecast period 2024-2030.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Servo Motors and Drives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Servo Motors and Drives.
The Servo Motors and Drives market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Servo Motors and Drives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Servo Motors and Drives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
by Type
Servo Motors
Servo Drives
by Application
Machinery-related Industries
Electronics-related Industries
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Servo Motors and Drives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Servo Motors and Drives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Servo Motors and Drives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Servo Motors and Drives market was valued at US$ 15610 million in 2023 and is anticipated to reach US$ 21900 million by 2030, witnessing a CAGR of 4.7% during the forecast period 2024-2030.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Servo Motors and Drives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Servo Motors and Drives.
The Servo Motors and Drives market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Servo Motors and Drives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Servo Motors and Drives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
by Type
Servo Motors
Servo Drives
by Application
Machinery-related Industries
Electronics-related Industries
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Servo Motors and Drives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Servo Motors and Drives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Servo Motors and Drives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
