Servo Motors and Drives Market Trends, Growth, Analysis, Size, Challenges and Future Outlook

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

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Published: Jan-2025	Report ID: SEMI2504	Pages: 1 - 245	Formats^*:
Category : Semiconductor and Electronics

Servo Motors and Drives Market Introduction and Overview

According to SPER Market Research, the Global Servo Motors and Drives Market is estimated to reach USD 27.55 billion by 2034 with a CAGR of 6.1%.

The servo motors and drives industry is undergoing considerable transition as automation and robotics technologies across multiple sectors evolve at a rapid pace. The automobile industry is at the vanguard of this transformation, with analysts projecting that up to 75% of vehicles will be manufactured by robots by 2025. This transition to automated manufacturing processes has resulted in a greater use of servo technology in important applications such as anti-lock brakes, fuel injection, cruise control, and assembly line operations. Major automakers such as Ford, Mercedes-Benz, General Motors, and BMW are increasingly using collaborative robots, proving the industry's commitment to automation.

In July 2022: Yaskawa introduced the JL-L000A communications ASIC to support MECHATROLINK-4, a new-generation industrial network with four times the transmission efficiency. This communication interface will work with both controllers and servo packs.

In April 2021: Siemens announced new servo motors for its Sinamics S210 single-cable servo drive system, which is appropriate for a wide range of applications, particularly in the pharmaceutical and food industries.

By Product: The study includes a full breakdown and analysis of the market based on product type. This contains servo motors and drives. According to the survey, servo motors were the largest sector. There are several different types of servo motors available, including alternating current (AC), direct current (DC), brushless, brushed, and linear. AC servo motors run on alternating current and provide better speed and torque control. DC servo motors run on direct current and have better torque characteristics at low speeds, making them ideal for robotics, conveyor systems, and other applications that require precise control. Brushless servo motors are also known for their low maintenance requirements and dependability.

By Voltage Range: The research includes a full breakdown and analysis of the market based on voltage range. This comprises low, medium, and high voltages. According to the research, low voltage was the largest sector. Low voltage servo motors are designed to work at lower voltage levels, often less than 600 volts, making them appropriate for a wide range of applications with moderate power requirements. Low voltage servo motors have several advantages, including their safety and ease of integration into existing electrical systems. They are widely utilized in industries like as manufacturing, packaging, and material handling that requires precise control, quick acceleration, and deceleration.

By System: The study includes a full breakdown and analysis of the market based on the system. This comprises both linear and rotational systems. According to the survey, the rotary system constituted the largest segment. Circular systems are intended to translate electrical impulses into precise circular motion, making them suitable for a wide range of applications across industries. Furthermore, they are extremely adaptable and widely utilized in tasks that need controlled rotation, such as driving conveyor belts, controlling the movement of robotic arms, running CNC gear, and so on. They are ideal for applications that require precision positioning and speed control. They enable smooth, continuous rotation, which is essential for jobs such as material handling, cutting, and machining.

By Communication Protocol: The research includes a full breakdown and analysis of the market depending on the communication protocol. This comprises fieldbus, industrial Ethernet, and wireless. According to the research, fieldbus was the largest segment. Fieldbus allows for the real-time interchange of data between servo motors, controllers, and other automation devices. This protocol is well-known for its efficiency in industrial applications, enabling seamless control and monitoring of servo systems. Fieldbus systems have various advantages, including reduced wire complexity, which results in cost savings during installation and maintenance. They make it easier to integrate several servo motors into a single network while also simplifying control and synchronization in complex industrial operations. They also improve diagnostic capabilities, troubleshooting, and maintenance of servo systems.

By End Use: The study includes a complete breakdown and analysis of the market depending on the end use industry. This comprises machine tools, packaging, robotics, semiconductors, electronics, rubber and plastics, and other items. According to the survey, machine tools were the largest segment. Machine tools are a broad category of equipment used in a variety of production operations, including milling, drilling, turning, and grinding. Servo motors play an important role in guaranteeing the precision and efficiency of these devices. In the machine tool business, these motors are used to precisely and quickly regulate the movement of cutting tools, workpieces, and other important components. They enable complicated processes like contouring, threading, and high-speed machining while increasing productivity and product quality.

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Market Competitive Landscape:

The Global Servo Motors and Drives Market is highly consolidated. Some of the market players are 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.

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.

Key Topics Covered in the Report:

Global Servo Motors and Drives Market Size (FYâ€™2021-FYâ€™2034)
Overview of Global Servo Motors and Drives Market
Segmentation of Global Servo Motors and Drives Market By Product (Servo Motors and Servo Drives)
Segmentation of Global Servo Motors and Drives Market By Voltage Range (Low Voltage and Medium and High Voltage)
Segmentation of Global Servo Motors and Drives Market By System (Linear System and Rotary System)
Segmentation of Global Servo Motors and Drives Market By Communication Protocol (Fieldbus, Industrial Ethernet and Wireless)
Segmentation of Global Servo Motors and Drives Market By End Use (Machine Tools, Packaging, Robotics, Semiconductors, Electronics, Rubber and Plastics and Others)
Statistical Snap of Global Servo Motors and Drives Market
Expansion Analysis of Global Servo Motors and Drives Market
Problems and Obstacles in Global Servo Motors and Drives Market
Competitive Landscape in the Global Servo Motors and Drives Market
Details on Current Investment in Global Servo Motors and Drives Market
Competitive Analysis of Global Servo Motors and Drives Market
Prominent Players in the Global Servo Motors and Drives Market
SWOT Analysis of Global Servo Motors and Drives Market
Global Servo Motors and Drives Market Future Outlook and Projections (FYâ€™2025-FYâ€™2034)
Recommendations from Analyst

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

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is the Servo Motors and Drives Market?

Servo Motors and Drives Market is projected to reach USD 27.55 billion by 2034, growing at a CAGR of 6.1% during the forecast period.

What is the growth rate of the Servo Motors and Drives Market?

Servo Motors and Drives Market grew in Market size from 2025. The Market is expected to reach USD 27.55 billion by 2034, at a CAGR of 6.1% during the forecast period.

What is the anticipated CAGR of the Servo Motors and Drives Market?

Servo Motors and Drives Market CAGR of 6.1% during the forecast period.

How can I get a sample report on the Servo Motors and Drives Market?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the Servo Motors and Drives Market?

Servo Motors and Drives Market size is USD 27.55 billion from 2025 to 2034.

Which segment is expected to Servo Motors and Drives Market?

Servo Motors and Drives Market is covered By Product Type, By Voltage Range, By System, By Communication Protocol, By End Use.

Which region is expected to have the highest Market share in the Servo Motors and Drives Market?

The North America is anticipated to have the highest Market share in the Servo Motors and Drives Market.

Who are the key players in Servo Motors and Drives Market?

The key players in the Market include 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.

What is the conclusion of the Servo Motors and Drives Market?

The automobile industry is at the vanguard of this transformation, with analysts projecting that up to 75% of vehicles will be manufactured by robots by 2025. This transition to automated manufacturing processes has resulted in a greater use of servo technology in important applications such as anti-lock brakes, fuel injection, cruise control, and assembly line operations.