Press release
Servo Motor and Drive Market is Set to Reach US$ 40.94 Billion at a CAGR of 8.2% by 2034
Servo Motor and Drive Market
Servo motors are renowned for their ability to rotate with exceptional precision, facilitated by control circuits that provide feedback on the motor shaft's current position, ensuring accurate rotation. These motors are integral across diverse sectors including robotics, automated manufacturing, electronics, medical equipment, toy production, and various industrial machinery applications.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9938
Country-wise Insights
In 2024, the United States servo motor and drive market is expected to reach $2.28 billion and is projected to grow at a CAGR of 8.8% from 2024 to 2034, reaching $5.53 billion by the end of the forecast period.
The demand for servo motors and drives in the US is driven by technological advancements, energy efficiency regulations, and the adoption of smart manufacturing practices. These factors have spurred their adoption across various industries, fostering innovation and market growth.
The United States dominates 64.6% of the servo motor and drive market share in North America in 2024. This dominance is fueled by their increased use in the automotive sector, where industrial robots are increasingly integrated. The country serves as a crucial market for robotic automation providers, with a significant 48% year-on-year increase in demand for industrial robots from automotive component manufacturers in 2022.
Category-wise Insights
By product type, sales of linear and rotary servo motors are expected to reach $9.08 billion in 2024, growing at a CAGR of 9.7% to reach $22.89 billion by 2034.
Linear and rotary servo motors are estimated to hold a 50% share of the global market in 2024. These motors find applications in material handling, robotics, food and beverage manufacturing, window automation, agricultural machinery, and other sectors. Small and medium rotary servo motors are readily available in the market, known for their high precision and long-term reliability.
Read More: https://www.factmr.com/report/servo-motor-and-drive-market
Competitive Landscape
Key players operating in the servo motor and drive market are Siemens AG, Altra Industrial Motion Corp., Panasonic Corporation, Nidec Motor Corporation, Parker Hannifin Corporation, Delta Electronics Inc., Fuji Electric Co., Hitachi Ltd., Rozum Robotics Inc., Mitsubishi Electric Corporation, Schneider Electric, Fanuc Corporation, Rockwell Automation, Inc., ABB, and Applied Motion Products.
Manufacturers are fiercely competing for market dominance amidst growing demand for automation and technological advancements. These industry players prioritize servo motors known for their superior quality and cutting-edge technology, which not only promote environmental sustainability but also enhance efficiency and productivity across industrial machinery.
In September 2023, Panasonic unveiled the MINAS A7 Family servo system. This advanced system sets a new industry benchmark with its superior motion performance and incorporates artificial intelligence (AI) for precise, automatic tuning, surpassing human expertise-a significant innovation in the field. The product is slated for release in Japan in January 2024, followed by a global rollout.
In January 2023, Rockwell Automation introduced the ArmorKinetix Distributed Servo Drives, expanding their acclaimed Kinetix 5700 platform. This latest addition provides customers with a scalable drive solution, enabling them to develop more robust and efficient machine designs. The innovative system aims to enhance performance and flexibility, catering to the evolving requirements of industrial applications.
Segmentation of Servo Motor and Drive Market Research
By Product Type :
Linear Servo Motors
Rotary Servo Motors
Positional Rotation Type
Continuous Rotation Type
By Technology :
Single-Axis Servo Systems
Pulse Duty Servo Drives
Continuous Duty Servo Drives
Multi-Axis Servo Systems
By Application :
Remote Controlled Toys
Robotics
Electronic Devices
Medical Devices
Printing & Packaging Equipment
CNC Machines
Other Industrial Machinery & Equipment
By Motor Configuration :
AC Servo Motors
Induction Type
Synchronous Type
DC Servo Motors
Brushless DC Motors
Separated Excited DC Motors
Permanent Magnet DC Motors
By Rated Power Capacity :
400 to 750 kW
750 to 1 kW
1 to 5 kW
5 to 15 kW
15 to 50 kW
50 to 100 kW
By Region :
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia & Oceania
Middle East & Africa
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9938
๐๐จ๐ง๐ญ๐๐๐ญ:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Servo Motor and Drive Market is Set to Reach US$ 40.94 Billion at a CAGR of 8.2% by 2034 here
News-ID: 3573776 • Views: โฆ
More Releases from Fact.MR
Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi โฆ
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiencyโฆ
Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% โฆ
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complexโฆ
Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex โฆ
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The riseโฆ
Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: โฆ
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into theโฆ
More Releases for Servo
Top 5 Servo Stabilizers to Buy - Guide From Servo Stabilizer India
Voltage fluctuations in India cause damage to lakhs of industrial machinery every year. Voltage stability and a constant power supply are important for the safety and performance of household and industrial devices. Servo stabilizers are the equipment that offer safety from voltage fluctuation to machines. Therefore, Servo Stabilizer India has compiled a list of the top five servo stabilizers for Indian consumers in 2025.
Servo Stabilizer India is assisting businesses andโฆ
Servo Motor Drivers Market
Servo Motor Drivers Market Overview
The Servo Motor is a commonly used motor for high technology devices in various industries like automation. This motor is a self-controlled electrical device, that switch part of a machine with high productivity and great accuracy. The o/p shaft of this motor can be stimulated to a specific angle. These motors are mainly used in different applications like home electronics, cars, toys, airplanes, etc. This articleโฆ
Global Servo-Drives and Servo-Amplifiers Market Size Analysis 2025-2031
On 2025-2-12 Global Info Research releasedใGlobal Servo-Drives and Servo-Amplifiers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031ใ. This report includes an overview of the development of the Servo-Drives and Servo-Amplifiers industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hotโฆ
Integrated Step Servo Motors
Global Integrated Step Servo Motors Market Overview:
The Integrated Step Servo Motors market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Integrated Step Servo Motors market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, andโฆ
Servo-Drives and Servo-Amplifiersย Marketย Growthย Factors,ย Opportunities,ย Ong โฆ
A servo drive is a special electronic amplifier used to power electric servomechanisms.
A servo drive can also be referred to as an amplifier, because it takes the control signal from the controller and amplifies it to deliver a specific amount of voltage and current to the motor.
LPI (LP Information)' newest research report, the "Servo-Drives and Servo-Amplifiers Industry Forecast" looks at past sales and reviews total world Servo-Drives and Servo-Amplifiers salesโฆ
Know How Servo-Drives And Servo-Amplifiers Market is rising globally by 2027
Servo-Drives And Servo-Amplifiers Market Trends Overview 2022-2027:
The Servo-Drives And Servo-Amplifiers Market report provides information about the Global industry, including valuable facts and figures. This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing The Servo-Drives And Servo-Amplifiers Sales market examines the primary segments of the scale of the market. This intelligent study provides historical data from 2015 alongside a forecast fromโฆ
