2023

2030

Global Servo Motors and Drives Market – Analysis and Forecast (2023-2030)
Industry Insight by Offerings (Hardware, Software, and Services), by Product type (Servo Motors and Servo Drives), by System (Linear System and Rotary System), by Voltage (Low Voltage, Medium Voltage, and High Voltage), by Brake Technology (Spring, Permanent Magnet, and Others), by Communication Protocol (Fieldbus, Industrial Ethernet, and Wireless), by Material Construction (Stainless Steel and Non-Stainless Steel), by End-User Industry (Automotive and Transportation, Semiconductor and Electronics, Food Processing, Textiles, Pharmaceuticals & Healthcare, Packaging, Printing & Paper, Oil & Gas, Chemicals & Petrochemicals, and Others), and Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

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Industry Overview

The servo and drives market is expected to witness substantial growth, reaching a value of USD 20.12 billion by 2022, with a projected compound annual growth rate (CAGR) of 6.1%. These servo motors and drives play a crucial role in various industrial applications, providing precise position control for automated linear or rotary actuators. They find extensive usage in industrial machinery like conveyor belts, packaging machines, food processing units, semiconductors, and robots.

Servo Motors and Drives Market Highlights

The factors driving the growth of the servo motors and drives market are the rapid industrial automation across various industries, increase in adoption of international standards for motor efficiency, advancement of user-friendly control libraries and packages for motors and drives, and increase in production of vehicles. Currently, many industries are shifting their focus on maintaining a high level of precision, reducing labor cost and production waste, and increase the production output, thus propelling the growth for servo motors and drives the market.

The COVID-19 outburst has disrupted the global supply chain and business operations. Due to complete lockdown, there were factory closures and factories have to operate with the minimum labor force.

Market Segmentation

Insight by Offering

Based on offering, the servo motors and drives market is segmented into hardware, software, and services. Among these segments, the hardware segment had the largest share in 2022 due to the widespread use of servo motor and drive components. The software and services segment is anticipated to have a high CAGR owing to servo software used for installation setup, networking, motion controlling, and other configuration requirements.

Insight by Product Type

Based on product type, the servo motors and drives market is categorized into servo motors and servo drives. Servo motors are sub-categorized into AC servo motor, DC brushless motor, brushed DC servo motor, and linear servo motor. Servo drives are further categorized into AC servo drive, DC servo drive, adjustable servo drives, and others. The servo motor holds the largest share in the market and will grow further during the forecast period, owing to its benefits of high torque per weight, efficiency, low-frequency noise, accuracy, speed, and are used in various applications across diverse end-use industries.

Insight by System

Based on the system, the servo motors and drives market is bifurcated into the linear system and rotary system. The rotary system dominates the market as it offers benefits such as high-resolution precision feedback, low energy consumption, high response, and high torque density, thus useful for applications in food processing, packaging, healthcare, and transportation industries.

Insight by Voltage

Based on voltage, the servo motors and drives market is divided into low voltage, medium voltage, and high voltage. The low voltage segment has witnessed the largest share due to its compatibility in mobile applications that requires high acceleration and braking processes, low noise, and high efficiency.

Insight by Brake Technology

Based on brake technology, the servo motors and drives market is categorized into spring, permanent magnet, and others. The permanent magnet is anticipated to have a high CAGR as they are small and have lightweight, resulting in low torque per size density. Thus, there is increased use of permanent magnet brakes in industries such as automotive & transportation, pharmaceuticals & healthcare, textile, and packaging has propelled their market growth.

Insight by Communication Protocol

Based on communication protocol, the servo motors and drives market is segmented into Fieldbus, industrial ethernet, and wireless. The Fieldbus segment accounts for the largest share as it communicates through a single cable, thus providing high network speed such as INTERBUS, FOUNDATION Fieldbus, PROFIBUS, MODBUS, CC-Link, DeviceNet, and CANopen.

Insight by Material Construction

Based on the material construction, the servo motors and drives market is divided into stainless steel and non-stainless steel. Non-stainless steel such as carbon steel and aluminum dominate the market as they can withstand dust, high-pressure washdown water jets, and corrosion prevention.

Insight by End-User Industry

Based on the end-user industry, the servo motors and drives market is segmented into automotive and transportation, semiconductor and electronics, food processing, textiles, pharmaceuticals & healthcare, packaging, printing & paper, oil & gas, and chemicals & petrochemicals, and others. Among these segments, the automotive segment will witness the largest market share as servo motors and drives are used in various applications in the field of fuel injection systems, ABS, cruise control systems, and pedal systems to control vehicle speed.

Global Servo Motors And Drives Market Report Coverage

Report Metric	Details
Historical Period	2018–2022
Base Year Considered	2022
Forecast Period	By 2030
Market Size in 2022	$20.12 Billion
Revenue Forecast in 2030	$xx.xx Billion
Growth Rate	CAGR 6.1%
Segments Covered in the Report	By Offerings, By Product Type, By System, By Voltage, By Brake Technology, By Communication Protocol, By Material Construction and By End-User Industry
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Regions Covered in the Report	North America, Europe, Asia-Pacific, Middle East, and Rest of the World

Industry Dynamics

Industry Trends

The growing trend of industry 4.0 has led market players to replace conventional motors with servo motors and drives in order to streamline their operations and improve production. The automation industry is growing by leaps and bounds, thus there is extensive use of applications for advanced instruments and machines.

Growth Drivers

The growth of the servo motors and drives market is driven by several factors, including the rapid industrial automation in emerging economies, the increasing adoption of robotic technology, stricter government regulations concerning energy efficiency, and advancements in technology such as the integration of connected devices with IoT and AI. Manufacturers are recognizing the benefits of incorporating servo motors as an integral part of their systems due to their low maintenance requirements and durability, which further fuels the growth of the market.

Challenges

The lack of a skilled workforce, high cost involved in the part of servo motors and drives, presence of substitute products, and initial investment in the use of servo technology are the challenges faced by the servo motors and drives market.

Opportunities

The entry of collaborative robots in the automotive assembly line for various applications is set to create lucrative opportunities for the servo motor and drives the market. Features such as higher torque, lightweight, increased speed, and reduced size is unfolding new market opportunities for the servo motors and drive the market globally.

Geographic Overview

Geographically, due to rapid industrialization and globalization, The APAC is anticipated to hold the largest market share in the servo drives and motors market during the forecast period. 2023-2030. Furthermore, due to the high population, there is an increase in demand for automotive vehicles, appliances, consumer electronics, including smartphones, home appliances, smart home devices, and wearable devices, resulting in further driving the demand for servo motors and drives in the region.

Competitive Insight

The market for servo motors and drives is anticipated to be highly competitive and the players are focus on new product development, partnerships, and mergers and acquisitions in order to expand their consumer base. The industry players are collaborating with end-use industries to secure the sales of servo motors. Thud, their focus is to attain a competitive edge and have the liberty to customize products as per their client’s demand.

Rockwell Automation released fanless Kinetix VPC servo motors. The new servo motors offer better performance and higher energy efficiencies than the older version of the VPC continuous duty servo motor and achieve IE5 energy-efficiency ratings. The new products reduce torque ripple and find use in high-quality printing, tensioning, and other application-specific tasks.

Some of the key players operating in the Servo motors and drives market: YASKAWA ELECTRIC CORPORATION, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric, Rockwell Automation, Inc., ABB, NIDEC CORPORATION, Delta Electronics, Inc., FANUC CORPORATION, and Bosch Rexroth AG.

Servo Motors and Drive Market Size and Market Analysis

Source-Vynz Research

1. Research Overview

       1.1.   The Report Offers
       1.2.   Market Coverage
               1.2.1.   By Offerings
               1.2.2.   By Product Type
               1.2.3.   By System
               1.2.4.   By Voltage
               1.2.5.   By Brake Technology
               1.2.6.   By Communication Protocol
               1.2.7.   By Material Construction
               1.2.8.   By End-User Industry
               1.2.9.   By Region
       1.3.   Research Phases
       1.4.   Limitations
       1.5.   Market Methodology
               1.5.1.   Data Sources
                       1.5.1.1. Primary Research
                       1.5.1.2. Secondary Research
               1.5.2.   Methodology
                       1.5.2.1. Data Exploration
                       1.5.2.2. Forecast Parameters
                       1.5.2.3. Data Validation
                       1.5.2.4. Assumptions
               1.5.3.   Study Period & Data Reporting Unit

2. Executive Summary

3. Industry Overview

       3.1.   Industry Dynamics
               3.1.1.   Market Growth Drivers
               3.1.2.   Market Restraints
               3.1.3.   Key Market Trends
               3.1.4.   Major Opportunities
       3.2.   Industry Ecosystem
               3.2.1.   Porter’s Five Forces Analysis
               3.2.2.   Recent Development Analysis
               3.2.3.   Value Chain Analysis
       3.3.   Competitive Insight
               3.3.1.   Competitive Position of Industry Players
               3.3.2.   Market Attractive Analysis
               3.3.3.   Market Share Analysis

4. Global Market Estimate and Forecast

4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030

5. Market Segmentation Estimate and Forecast

       5.1.   By Offerings
               5.1.1.   Hardware
                       5.1.1.1. Market Definition
                       5.1.1.2. Market Estimation and Forecast to 2030
               5.1.2.   Software
                       5.1.2.1. Market Definition
                       5.1.2.2. Market Estimation and Forecast to 2030
               5.1.3.   Services
                       5.1.3.1. Market Definition
                       5.1.3.2. Market Estimation and Forecast to 2030
       5.2.   By Product Type
               5.2.1.   Servo Motors
                       5.2.1.1. Market Definition
                       5.2.1.2. Market Estimation and Forecast to 2030
               5.2.2.   Servo Drives
                       5.2.2.1. Market Definition
                       5.2.2.2. Market Estimation and Forecast to 2030
       5.3.   By System
               5.3.1.   Linear System
                       5.3.1.1. Market Definition
                       5.3.1.2. Market Estimation and Forecast to 2030
               5.3.2.   Rotary System
                       5.3.2.1. Market Definition
                       5.3.2.2. Market Estimation and Forecast to 2030
       5.4.   By Voltage
               5.4.1.   Low Voltage
                       5.4.1.1. Market Definition
                       5.4.1.2. Market Estimation and Forecast to 2030
               5.4.2.   Medium Voltage
                       5.4.2.1. Market Definition
                       5.4.2.2. Market Estimation and Forecast to 2030
               5.4.3.   High Voltage
                       5.4.3.1. Market Definition
                       5.4.3.2. Market Estimation and Forecast to 2030
       5.5.   By Brake Technology
               5.5.1.   Spring
                       5.5.1.1. Market Definition
                       5.5.1.2. Market Estimation and Forecast to 2030
               5.5.2.   Permanent Magnet
                       5.5.2.1. Market Definition
                       5.5.2.2. Market Estimation and Forecast to 2030
               5.5.3.   Others
                       5.5.3.1. Market Definition
                       5.5.3.2. Market Estimation and Forecast to 2030
       5.6.   By Communication Protocol
               5.6.1.   Fieldbus
                       5.6.1.1. Market Definition
                       5.6.1.2. Market Estimation and Forecast to 2030
               5.6.2.   Industrial Ethernet
                       5.6.2.1. Market Definition
                       5.6.2.2. Market Estimation and Forecast to 2030
               5.6.3.   Wireless
                       5.6.3.1. Market Definition
                       5.6.3.2. Market Estimation and Forecast to 2030
       5.7.   By Material Construction
               5.7.1.   Stainless steel
                       5.7.1.1. Market Definition
                       5.7.1.2. Market Estimation and Forecast to 2030
               5.7.2.   Non-Stainless Steel
                       5.7.2.1. Market Definition
                       5.7.2.2. Market Estimation and Forecast to 2030
       5.8.   By End-User Industry
               5.8.1.   Automotive and Transportation
                       5.8.1.1. Market Definition
                       5.8.1.2. Market Estimation and Forecast to 2030
               5.8.2.   Semiconductor and Electronics
                       5.8.2.1. Market Definition
                       5.8.2.2. Market Estimation and Forecast to 2030
               5.8.3.   Food Processing
                       5.8.3.1. Market Definition
                       5.8.3.2. Market Estimation and Forecast to 2030
               5.8.4.   Textiles
                       5.8.4.1. Market Definition
                       5.8.4.2. Market Estimation and Forecast to 2030
               5.8.5.   Pharmaceuticals & Healthcare
                       5.8.5.1. Market Definition
                       5.8.5.2. Market Estimation and Forecast to 2030
               5.8.6.   Packaging
                       5.8.6.1. Market Definition
                       5.8.6.2. Market Estimation and Forecast to 2030
               5.8.7.   Printing & Paper
                       5.8.7.1. Market Definition
                       5.8.7.2. Market Estimation and Forecast to 2030
               5.8.8.   Oil & Gas
                       5.8.8.1. Market Definition
                       5.8.8.2. Market Estimation and Forecast to 2030
               5.8.9.   Chemicals & Petrochemicals
                       5.8.9.1. Market Definition
                       5.8.9.2. Market Estimation and Forecast to 2030
               5.8.10.   Others
                       5.8.10.1. Market Definition
                       5.8.10.2. Market Estimation and Forecast to 2030

6. North America Market Estimate and Forecast

       6.1.   By Offerings
       6.2.   By Product Type
       6.3.   By System
       6.4.   By Voltage
       6.5.   By Brake Technology
       6.6.   By Communication Protocol
       6.7.   By Material Construction
       6.8.   By End-User Industry
       6.9.   By Country
               6.9.1.   U.S. Market Estimate and Forecast
               6.9.2.   Canada Market Estimate and Forecast
               6.9.3.   Mexico Market Estimate and Forecast

7. Europe Market Estimate and Forecast

       7.1.   By Offerings
       7.2.   By Product Type
       7.3.   By System
       7.4.   By Voltage
       7.5.   By Brake Technology
       7.6.   By Communication Protocol
       7.7.   By Material Construction
       7.8.   By End-User Industry
       7.9.   By Country
               7.9.1.   Germany Market Estimate and Forecast
               7.9.2.   France Market Estimate and Forecast
               7.9.3.   U.K. Market Estimate and Forecast
               7.9.4.   Italy Market Estimate and Forecast
               7.9.5.   Spain Market Estimate and Forecast
               7.9.6.   Rest of Europe Market Estimate and Forecast

8. Asia-Pacific Market Estimate and Forecast

       8.1.   By Offerings
       8.2.   By Product Type
       8.3.   By System
       8.4.   By Voltage
       8.5.   By Brake Technology
       8.6.   By Communication Protocol
       8.7.   By Material Construction
       8.8.   By End-User Industry
       8.9.   By Country
               8.9.1.   China Market Estimate and Forecast
               8.9.2.   Japan Market Estimate and Forecast
               8.9.3.   India Market Estimate and Forecast
               8.9.4.   South Korea Market Estimate and Forecast
               8.9.5.   Singapore Market Estimate and Forecast
               8.9.6.   Rest of Asia-Pacific Market Estimate and Forecast

9. Rest of the World (RoW) Market Estimate and Forecast

       9.1.   By Offerings
       9.2.   By Product Type
       9.3.   By System
       9.4.   By Voltage
       9.5.   By Brake Technology
       9.6.   By Communication Protocol
       9.7.   By Material Construction
       9.8.   By End-User Industry
       9.9.    By Country
               9.9.1.   Brazil Market Estimate and Forecast
               9.9.2.   Saudi Arabia Market Estimate and Forecast
               9.9.3.   South Africa Market Estimate and Forecast
               9.9.4.   Other Countries Market Estimate and Forecast

10. Company Profiles

       10.1.   YASKAWA ELECTRIC CORPORATION
               10.1.1.   Snapshot
               10.1.2.   Overview
               10.1.3.   Offerings
               10.1.4.   Financial Insight
               10.1.5.   Recent Developments
       10.2.   Siemens AG
               10.2.1.   Snapshot
               10.2.2.   Overview
               10.2.3.   Offerings
               10.2.4.   Financial Insight
               10.2.5.   Recent Developments
       10.3.   Mitsubishi Electric Corporation
               10.3.1.   Snapshot
               10.3.2.   Overview
               10.3.3.   Offerings
               10.3.4.   Financial Insight
               10.3.5.   Recent Developments
       10.4.   Schneider Electric
               10.4.1.   Snapshot
               10.4.2.   Overview
               10.4.3.   Offerings
               10.4.4.   Financial Insight
               10.4.5.   Recent Developments
       10.5.   Rockwell Automation, Inc.
               10.5.1.   Snapshot
               10.5.2.   Overview
               10.5.3.   Offerings
               10.5.4.   Financial Insight
               10.5.5.   Recent Developments
       10.6.   ABB
               10.6.1.   Snapshot
               10.6.2.   Overview
               10.6.3.   Offerings
               10.6.4.   Financial Insight
               10.6.5.   Recent Developments
       10.7.   NIDEC CORPORATION
               10.7.1.   Snapshot
               10.7.2.   Overview
               10.7.3.   Offerings
               10.7.4.   Financial Insight
               10.7.5.   Recent Developments
       10.8.   Delta Electronics, Inc.
               10.8.1.   Snapshot
               10.8.2.   Overview
               10.8.3.   Offerings
               10.8.4.   Financial Insight
               10.8.5.   Recent Developments
       10.9.   FANUC CORPORATION
               10.9.1.   Snapshot
               10.9.2.   Overview
               10.9.3.   Offerings
               10.9.4.   Financial Insight
               10.9.5.   Recent Developments
       10.10.   Bosch Rexroth AG
               10.10.1. Snapshot
               10.10.2. Overview
               10.10.3. Offerings
               10.10.4. Financial Insight
               10.10.5. Recent Developments

11. Appendix

11.1. Exchange Rates
11.2. Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Servo Motors and Drives Market Size, By Offerings, 2018-2022(USD Billion)
Table 5 Global Servo Motors and Drives Market Size, By Offerings, 2023-2030 (USD Billion)
Table 6 Global Servo Motors and Drives Market Size, By Product Type, 2018-2022(USD Billion)
Table 7 Global Servo Motors and Drives Market Size, By Product Type, 2023-2030 (USD Billion)
Table 8 Global Servo Motors and Drives Market Size, By System, 2018-2022(USD Billion)
Table 9 Global Servo Motors and Drives Market Size, By System, 2023-2030 (USD Billion)
Table 10 Global Servo Motors and Drives Market Size, By Voltage, 2018-2022(USD Billion)
Table 11 Global Servo Motors and Drives Market Size, By Voltage, 2023-2030 (USD Billion)
Table 12 Global Servo Motors and Drives Market Size, By Brake Technology, 2018-2022(USD Billion)
Table 13 Global Servo Motors and Drives Market Size, By Brake Technology, 2023-2030 (USD Billion)
Table 14 Global Servo Motors and Drives Market Size, by Communication Protocol, 2018-2022(USD Billion)
Table 15 Global Servo Motors and Drives Market Size, by Communication Protocol, 2023-2030 (USD Billion)
Table 16 Global Servo Motors and Drives Market Size, by Material Construction, 2018-2022(USD Billion)
Table 17 Global Servo Motors and Drives Market Size, by Material Construction, 2023-2030 (USD Billion)
Table 18 Global Servo Motors and Drives Market Size, by End-User Industry, 2018-2022(USD Billion)
Table 19 Global Servo Motors and Drives Market Size, by End-User Industry, 2023-2030 (USD Billion)
Table 20 Global Servo Motors and Drives Market Size, by Region, 2018-2022(USD Billion)
Table 21 Global Servo Motors and Drives Market Size, by Region, 2023-2030 (USD Billion)
Table 22 North America Servo Motors and Drives Market Size, By Offerings, 2018-2022(USD Billion)
Table 23 North America Servo Motors and Drives Market Size, By Offerings, 2023-2030 (USD Billion)
Table 24 North America Servo Motors and Drives Market Size, By Product Type, 2018-2022(USD Billion)
Table 25 North America Servo Motors and Drives Market Size, By Product Type, 2023-2030 (USD Billion)
Table 26 North America Servo Motors and Drives Market Size, By System, 2018-2022(USD Billion)
Table 27 North America Servo Motors and Drives Market Size, By System, 2023-2030 (USD Billion)
Table 28 North America Servo Motors and Drives Market Size, By Voltage, 2018-2022(USD Billion)
Table 29 North America Servo Motors and Drives Market Size, By Voltage, 2023-2030 (USD Billion)
Table 30 North America Servo Motors and Drives Market Size, By Brake Technology, 2018-2022(USD Billion)
Table 31 North America Servo Motors and Drives Market Size, By Brake Technology, 2023-2030 (USD Billion)
Table 32 North America Servo Motors and Drives Market Size, by Communication Protocol, 2018-2022(USD Billion)
Table 33 North America Servo Motors and Drives Market Size, by Communication Protocol, 2023-2030 (USD Billion)
Table 34 North America Servo Motors and Drives Market Size, by Material Construction, 2018-2022(USD Billion)
Table 35 North America Servo Motors and Drives Market Size, by Material Construction, 2023-2030 (USD Billion)
Table 36 North America Servo Motors and Drives Market Size, by End-User Industry, 2018-2022(USD Billion)
Table 37 North America Servo Motors and Drives Market Size, by End-User Industry, 2023-2030 (USD Billion)
Table 38 North America Servo Motors and Drives Market Size, by Region, 2018-2022(USD Billion)
Table 39 North America Servo Motors and Drives Market Size, by Region, 2023-2030 (USD Billion)
Table 40 Europe Servo Motors and Drives Market Size, By Offerings, 2018-2022(USD Billion)
Table 41 Europe Servo Motors and Drives Market Size, By Offerings, 2023-2030 (USD Billion)
Table 42 Europe Servo Motors and Drives Market Size, By Product Type, 2018-2022(USD Billion)
Table 43 Europe Servo Motors and Drives Market Size, By Product Type, 2023-2030 (USD Billion)
Table 44 Europe Servo Motors and Drives Market Size, By System, 2018-2022(USD Billion)
Table 45 Europe Servo Motors and Drives Market Size, By System, 2023-2030 (USD Billion)
Table 46 Europe Servo Motors and Drives Market Size, By Voltage, 2018-2022(USD Billion)
Table 47 Europe Servo Motors and Drives Market Size, By Voltage, 2023-2030 (USD Billion)
Table 48 Europe Servo Motors and Drives Market Size, By Brake Technology, 2018-2022(USD Billion)
Table 49 Europe Servo Motors and Drives Market Size, By Brake Technology, 2023-2030 (USD Billion)
Table 50 Europe Servo Motors and Drives Market Size, by Communication Protocol, 2018-2022(USD Billion)
Table 51 Europe Servo Motors and Drives Market Size, by Communication Protocol, 2023-2030 (USD Billion)
Table 52 Europe Servo Motors and Drives Market Size, by Material Construction, 2018-2022(USD Billion)
Table 53 Europe Servo Motors and Drives Market Size, by Material Construction, 2023-2030 (USD Billion)
Table 54 Europe Servo Motors and Drives Market Size, by End-User Industry, 2018-2022(USD Billion)
Table 55 Europe Servo Motors and Drives Market Size, by End-User Industry, 2023-2030 (USD Billion)
Table 56 Europe Servo Motors and Drives Market Size, by Region, 2018-2022(USD Billion)
Table 57 Europe Servo Motors and Drives Market Size, by Region, 2023-2030 (USD Billion)
Table 58 Asia-Pacific Servo Motors and Drives Market Size, By Offerings, 2018-2022(USD Billion)
Table 59 Asia-Pacific Servo Motors and Drives Market Size, By Offerings, 2023-2030 (USD Billion)
Table 60 Asia-Pacific Servo Motors and Drives Market Size, By Product Type, 2018-2022(USD Billion)
Table 61 Asia-Pacific Servo Motors and Drives Market Size, By Product Type, 2023-2030 (USD Billion)
Table 62 Asia-Pacific Servo Motors and Drives Market Size, By System, 2018-2022(USD Billion)
Table 63 Asia-Pacific Servo Motors and Drives Market Size, By System, 2023-2030 (USD Billion)
Table 64 Asia-Pacific Servo Motors and Drives Market Size, By Voltage, 2018-2022(USD Billion)
Table 65 Asia-Pacific Servo Motors and Drives Market Size, By Voltage, 2023-2030 (USD Billion)
Table 66 Asia-Pacific Servo Motors and Drives Market Size, By Brake Technology, 2018-2022(USD Billion)
Table 67 Asia-Pacific Servo Motors and Drives Market Size, By Brake Technology, 2023-2030 (USD Billion)
Table 68 Asia-Pacific Servo Motors and Drives Market Size, by Communication Protocol, 2018-2022(USD Billion)
Table 69 Asia-Pacific Servo Motors and Drives Market Size, by Communication Protocol, 2023-2030 (USD Billion)
Table 70 Asia-Pacific Servo Motors and Drives Market Size, by Material Construction, 2018-2022(USD Billion)
Table 71 Asia-Pacific Servo Motors and Drives Market Size, by Material Construction, 2023-2030 (USD Billion)
Table 72 Asia-Pacific Servo Motors and Drives Market Size, by End-User Industry, 2018-2022(USD Billion)
Table 73 Asia-Pacific Servo Motors and Drives Market Size, by End-User Industry, 2023-2030 (USD Billion)
Table 74 Asia-Pacific Servo Motors and Drives Market Size, by Region, 2018-2022(USD Billion)
Table 75 Asia-Pacific Servo Motors and Drives Market Size, by Region, 2023-2030 (USD Billion)
Table 76 RoW Servo Motors and Drives Market Size, By Offerings, 2018-2022(USD Billion)
Table 77 RoW Servo Motors and Drives Market Size, By Offerings, 2023-2030 (USD Billion)
Table 78 RoW Servo Motors and Drives Market Size, By Product Type, 2018-2022(USD Billion)
Table 79 RoW Servo Motors and Drives Market Size, By Product Type, 2023-2030 (USD Billion)
Table 80 RoW Servo Motors and Drives Market Size, By System, 2018-2022(USD Billion)
Table 81 RoW Servo Motors and Drives Market Size, By System, 2023-2030 (USD Billion)
Table 82 RoW Servo Motors and Drives Market Size, By Voltage, 2018-2022(USD Billion)
Table 83 RoW Servo Motors and Drives Market Size, By Voltage, 2023-2030 (USD Billion)
Table 84 RoW Servo Motors and Drives Market Size, By Brake Technology, 2018-2022(USD Billion)
Table 85 RoW Servo Motors and Drives Market Size, By Brake Technology, 2023-2030 (USD Billion)
Table 86 RoW Servo Motors and Drives Market Size, by Communication Protocol, 2018-2022(USD Billion)
Table 87 RoW Servo Motors and Drives Market Size, by Communication Protocol, 2023-2030 (USD Billion)
Table 88 RoW Servo Motors and Drives Market Size, by Material Construction, 2018-2022(USD Billion)
Table 89 RoW Servo Motors and Drives Market Size, by Material Construction, 2023-2030 (USD Billion)
Table 90 RoW Servo Motors and Drives Market Size, by End-User Industry, 2018-2022(USD Billion)
Table 91 RoW Servo Motors and Drives Market Size, by End-User Industry, 2023-2030 (USD Billion)
Table 92 RoW Servo Motors and Drives Market Size, by Region, 2018-2022(USD Billion)
Table 93 RoW Servo Motors and Drives Market Size, by Region, 2023-2030 (USD Billion)
Table 94 Snapshot – YASKAWA ELECTRIC CORPORATION
Table 95 Snapshot – Siemens AG
Table 96 Snapshot – Mitsubishi Electric Corporation
Table 97 Snapshot – Schneider Electric
Table 98 Snapshot – Rockwell Automation, Inc.
Table 99 Snapshot – ABB
Table 100 Snapshot – NIDEC CORPORATION
Table 101 Snapshot – Delta Electronics, Inc.
Table 102 Snapshot – FANUC CORPORATION
Table 103 Snapshot – Bosch Rexroth AG

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Servo Motors and Drives Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Servo Motors and Drives Market Highlight
Figure 12 Global Servo Motors and Drives Market Size, By Offerings, 2018–2030 (USD Billion)
Figure 13 Global Servo Motors and Drives Market Size, By Product Type, 2018–2030 (USD Billion)
Figure 14 Global Servo Motors and Drives Market Size, By System, 2018–2030 (USD Billion)
Figure 15 Global Servo Motors and Drives Market Size, By Voltage, 2018–2030 (USD Billion)
Figure 16 Global Servo Motors and Drives Market Size, By Brake Technology, 2018–2030 (USD Billion)
Figure 17 Global Servo Motors and Drives Market Size, by Communication Protocol, 2018–2030 (USD Billion)
Figure 18 Global Servo Motors and Drives Market Size, by Material Construction, 2018–2030 (USD Billion)
Figure 19 Global Servo Motors and Drives Market Size, by End-User Industry, 2018–2030 (USD Billion)
Figure 20 Global Servo Motors and Drives Market Size, by Region, 2018–2030 (USD Billion)
Figure 21 North America Servo Motors and Drives Market Highlight
Figure 22 North America Servo Motors and Drives Market Size, By Offerings, 2018–2030 (USD Billion)
Figure 23 North America Servo Motors and Drives Market Size, By Product Type, 2018–2030 (USD Billion)
Figure 24 North America Servo Motors and Drives Market Size, By System, 2018–2030 (USD Billion)
Figure 25 North America Servo Motors and Drives Market Size, By Voltage, 2018–2030 (USD Billion)
Figure 26 North America Servo Motors and Drives Market Size, By Brake Technology, 2018–2030 (USD Billion)
Figure 27 North America Servo Motors and Drives Market Size, by Communication Protocol, 2018–2030 (USD Billion)
Figure 28 North America Servo Motors and Drives Market Size, by Material Construction, 2018–2030 (USD Billion)
Figure 29 North America Servo Motors and Drives Market Size, by End-User Industry, 2018–2030 (USD Billion)
Figure 30 North America Servo Motors and Drives Market Size, by Region, 2018–2030 (USD Billion)
Figure 31 Europe Servo Motors and Drives Market Highlight
Figure 32 Europe Servo Motors and Drives Market Size, By Offerings, 2018–2030 (USD Billion)
Figure 33 Europe Servo Motors and Drives Market Size, By Product Type, 2018–2030 (USD Billion)
Figure 34 Europe Servo Motors and Drives Market Size, By System, 2018–2030 (USD Billion)
Figure 35 Europe Servo Motors and Drives Market Size, By Voltage, 2018–2030 (USD Billion)
Figure 36 Europe Servo Motors and Drives Market Size, By Brake Technology, 2018–2030 (USD Billion)
Figure 37 Europe Servo Motors and Drives Market Size, by Communication Protocol, 2018–2030 (USD Billion)
Figure 38 Europe Servo Motors and Drives Market Size, by Material Construction, 2018–2030 (USD Billion)
Figure 39 Europe Servo Motors and Drives Market Size, by End-User Industry, 2018–2030 (USD Billion)
Figure 40 Europe Servo Motors and Drives Market Size, by Region, 2018–2030 (USD Billion)
Figure 41 Asia-Pacific Servo Motors and Drives Market Highlight
Figure 42 Asia-Pacific Servo Motors and Drives Market Size, By Offerings, 2018–2030 (USD Billion)
Figure 43 Asia-Pacific Servo Motors and Drives Market Size, By Product Type, 2018–2030 (USD Billion)
Figure 44 Asia-Pacific Servo Motors and Drives Market Size, By System, 2018–2030 (USD Billion)
Figure 45 Asia-Pacific Servo Motors and Drives Market Size, By Voltage, 2018–2030 (USD Billion)
Figure 46 Asia-Pacific Servo Motors and Drives Market Size, By Brake Technology, 2018–2030 (USD Billion)
Figure 47 Asia-Pacific Servo Motors and Drives Market Size, by Communication Protocol, 2018–2030 (USD Billion)
Figure 48 Asia-Pacific Servo Motors and Drives Market Size, by Material Construction, 2018–2030 (USD Billion)
Figure 49 Asia-Pacific Servo Motors and Drives Market Size, by End-User Industry, 2018–2030 (USD Billion)
Figure 50 Asia-Pacific Servo Motors and Drives Market Size, by Region, 2018–2030 (USD Billion)
Figure 51 RoW Servo Motors and Drives Market Highlight
Figure 52 RoW Servo Motors and Drives Market Size, By Offerings, 2018–2030 (USD Billion)
Figure 53 RoW Servo Motors and Drives Market Size, By Product Type, 2018–2030 (USD Billion)
Figure 54 RoW Servo Motors and Drives Market Size, By System, 2018–2030 (USD Billion)
Figure 55 RoW Servo Motors and Drives Market Size, By Voltage, 2018–2030 (USD Billion)
Figure 56 RoW Servo Motors and Drives Market Size, By Brake Technology, 2018–2030 (USD Billion)
Figure 57 RoW Servo Motors and Drives Market Size, by Communication Protocol, 2018–2030 (USD Billion)
Figure 58 RoW Servo Motors and Drives Market Size, by Material Construction, 2018–2030 (USD Billion)
Figure 59 RoW Servo Motors and Drives Market Size, by End-User Industry, 2018–2030 (USD Billion)
Figure 60 RoW Servo Motors and Drives Market Size, by Region, 2018–2030 (USD Billion)

Global Servo Motors and Drives Market Coverage

Offerings Insight and Forecast 2023-2030

Hardware
Software
Services

Product Type Insight and Forecast 2023-2030

Servo Motors
Servo Drives

System Insight and Forecast 2023-2030

Linear System
Rotary System

Voltage Insight and Forecast 2023-2030

Low Voltage
Medium Voltage
High Voltage

Brake Technology Insight and Forecast 2023-2030

Spring
Permanent Magnet
Others

Communication Protocol Insight and Forecast 2023-2030

Fieldbus
Industrial Ethernet
Wireless

Material Construction Insight and Forecast 2023-2030

Stainless Steel
Non-Stainless Steel

End-User Industry Insight and Forecast 2023-2030

Automotive and Transportation
Semiconductor and Electronics
Food Processing
Textiles
Pharmaceuticals & Healthcare
Packaging
Printing & Paper
Oil & Gas
Chemicals & Petrochemicals
Others

Geographical Segmentation

Servo Motors and Drives Market by Region

North America

By Offerings
By Product Type
By System
By Voltage
By Brake Technology
By Communication Protocol
By Material Construction
By End-User Industry
By Country – U.S., Canada, and Mexico

Europe

By Offerings
By Product Type
By System
By Voltage
By Brake Technology
By Communication Protocol
By Material Construction
By End-User Industry
By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

By Offerings
By Product Type
By System
By Voltage
By Brake Technology
By Communication Protocol
By Material Construction
By End-User Industry
By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

By Offerings
By Product Type
By System
By Voltage
By Brake Technology
By Communication Protocol
By Material Construction
By End-User Industry
By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

Servo Motors and Drives Market

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