Global Servo Motors and Drives Market Size study & Forecast, by Type, by Voltage Range, by End-user Industry and Regional Analysis, 2023-2030

Description

List of Tables

Servo motors and drives are essential components of motion control systems widely used in various industries and applications. They are used to achieve precise and controlled motion in machines and devices. The key factors driving the market growth are rising automation and adoption of Industry 4.0, growing expansion in the manufacturing sector, increasing adoption of electric vehicles, and growing robotics and industrial automation that anticipated to support the market growth during the forecast period 2023-2030.

Moreover, the increasing adoption of electric vehicles (EVs) is indeed supporting the growth of the servo motors and drives market. Electric vehicles rely on electric motors for propulsion instead of internal combustion engines. These electric motors often utilize servo motors for their precise control and high torque capabilities. As the demand for electric vehicles grows, so does the demand for servo motors to power their propulsion systems. According to Statista, the number of electric vehicles sold in 2020 was 3.18 million units and the number increased and reached 10.24 million in 2022. As a result, the rising EV demand is anticipated to create a lucrative demand for the market. Additionally, growing industrialization and rising technological advancement is anticipated to create a lucrative opportunity for the market during the forecast period. However, the presence of substitute products stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Servo Motors and Drives Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing industrial automation, advancements in technology, rising automation in healthcare and logistics, and the growing automotive industry. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing manufacturing sector, rising adoption of robotics and CNC machines, growing automotive industry, and favorable government policies.

Major market player included in this report are:

Yaskawa Electric Corporation (Japan)
Mitsubishi Electric Corporation (Japan)
Siemens (Germany)
Schneider Electric (France)
Rockwell Automation (US)
ABB Ltd (Switzerland)
NIDEC Corporation (Japan)
Delta Electronics Inc. (Taiwan)
FANUC Corporation (Japan)
Fuji Electric Co., Ltd. (Japan)

Recent Developments in the Market:

In October 2021, Rockwell Automation introduced an NSF-certified HMI terminal for monitoring production and new hygienic servo motors named Kinetix VPH sanitary servo motors to minimise contamination hazards in the food and pharmaceutical sectors.

Global Servo Motors and Drives Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Voltage Range, End-user Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Motor
Drive

By Voltage Range:

Low Voltage
Medium Voltage
High Voltage

By End-user Industry:

Automotive
Oil and Gas
Healthcare
Packaging
Semiconductor and Electronics
Chemicals and Petrochemicals
Other End-user Industries

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Servo Motors and Drives Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Servo Motors and Drives Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Servo Motors and Drives Market, by Voltage Range, 2020-2030 (USD Billion)
- 1.2.4. Servo Motors and Drives Market, by End-user Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Servo Motors and Drives Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Servo Motors and Drives Market Dynamics

3.1. Servo Motors and Drives Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising automation and adoption of industry 4.0
  - 3.1.1.2. Growing expansion in manufacturing sector
  - 3.1.1.3. Increasing adoption of electric vehicles
- 3.1.2. Market Challenges
  - 3.1.2.1. Presence of substitute products
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing industrialization
  - 3.1.3.2. Growing technological advancement

Chapter 4. Global Servo Motors and Drives Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Servo Motors and Drives Market, by Type

5.1. Market Snapshot
5.2. Global Servo Motors and Drives Market by Type, Performance - Potential Analysis
5.3. Global Servo Motors and Drives Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Servo Motors and Drives Market, Sub Segment Analysis
- 5.4.1. Motor
- 5.4.2. Drive

Chapter 6. Global Servo Motors and Drives Market, by Voltage Range

6.1. Market Snapshot
6.2. Global Servo Motors and Drives Market by Voltage Range, Performance - Potential Analysis
6.3. Global Servo Motors and Drives Market Estimates & Forecasts by Voltage Range 2020-2030 (USD Billion)
6.4. Servo Motors and Drives Market, Sub Segment Analysis
- 6.4.1. Low Voltage
- 6.4.2. Medium Voltage
- 6.4.3. High Voltage

Chapter 7. Global Servo Motors and Drives Market, by End-user Industry

7.1. Market Snapshot
7.2. Global Servo Motors and Drives Market by End-user Industry, Performance - Potential Analysis
7.3. Global Servo Motors and Drives Market Estimates & Forecasts by End-user Industry 2020-2030 (USD Billion)
7.4. Servo Motors and Drives Market, Sub Segment Analysis
- 7.4.1. Automotive
- 7.4.2. Oil and Gas
- 7.4.3. Healthcare
- 7.4.4. Packaging
- 7.4.5. Semiconductor and Electronics
- 7.4.6. Chemicals and Petrochemicals
- 7.4.7. Other End-user Industries

Chapter 8. Global Servo Motors and Drives Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Servo Motors and Drives Market, Regional Market Snapshot
8.4. North America Servo Motors and Drives Market
- 8.4.1. U.S. Servo Motors and Drives Market
  - 8.4.1.1. Servo Motors and Drives breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Voltage Range breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-user Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Servo Motors and Drives Market
8.5. Europe Servo Motors and Drives Market Snapshot
- 8.5.1. U.K. Servo Motors and Drives Market
- 8.5.2. Germany Servo Motors and Drives Market
- 8.5.3. France Servo Motors and Drives Market
- 8.5.4. Spain Servo Motors and Drives Market
- 8.5.5. Italy Servo Motors and Drives Market
- 8.5.6. Rest of Europe Servo Motors and Drives Market
8.6. Asia-Pacific Servo Motors and Drives Market Snapshot
- 8.6.1. China Servo Motors and Drives Market
- 8.6.2. India Servo Motors and Drives Market
- 8.6.3. Japan Servo Motors and Drives Market
- 8.6.4. Australia Servo Motors and Drives Market
- 8.6.5. South Korea Servo Motors and Drives Market
- 8.6.6. Rest of Asia Pacific Servo Motors and Drives Market
8.7. Latin America Servo Motors and Drives Market Snapshot
- 8.7.1. Brazil Servo Motors and Drives Market
- 8.7.2. Mexico Servo Motors and Drives Market
8.8. Middle East & Africa Servo Motors and Drives Market
- 8.8.1. Saudi Arabia Servo Motors and Drives Market
- 8.8.2. South Africa Servo Motors and Drives Market
- 8.8.3. Rest of Middle East & Africa Servo Motors and Drives Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Yaskawa Electric Corporation (Japan)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Mitsubishi Electric Corporation (Japan)
- 9.3.3. Siemens (Germany)
- 9.3.4. Schneider Electric (France)
- 9.3.5. Rockwell Automation (US)
- 9.3.6. ABB Ltd (Switzerland)
- 9.3.7. NIDEC Corporation (Japan)
- 9.3.8. Delta Electronics Inc. (Taiwan)
- 9.3.9. FANUC Corporation (Japan)
- 9.3.10. Fuji Electric Co., Ltd. (Japan)

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Servo Motors and Drives Market, report scope
TABLE 2. Global Servo Motors and Drives Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Servo Motors and Drives Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Servo Motors and Drives Market estimates & forecasts by Voltage Range 2020-2030 (USD Billion)
TABLE 5. Global Servo Motors and Drives Market estimates & forecasts by End-user Industry 2020-2030 (USD Billion)
TABLE 6. Global Servo Motors and Drives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Servo Motors and Drives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Servo Motors and Drives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Servo Motors and Drives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Servo Motors and Drives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Servo Motors and Drives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Servo Motors and Drives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Servo Motors and Drives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Servo Motors and Drives Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Servo Motors and Drives Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Servo Motors and Drives Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Servo Motors and Drives Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Servo Motors and Drives Market
TABLE 71. List of primary sources, used in the study of global Servo Motors and Drives Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Servo Motors and Drives Market, research methodology
FIG 2. Global Servo Motors and Drives Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Servo Motors and Drives Market, key trends 2022
FIG 5. Global Servo Motors and Drives Market, growth prospects 2023-2030
FIG 6. Global Servo Motors and Drives Market, porters 5 force model
FIG 7. Global Servo Motors and Drives Market, pest analysis
FIG 8. Global Servo Motors and Drives Market, value chain analysis
FIG 9. Global Servo Motors and Drives Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Servo Motors and Drives Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Servo Motors and Drives Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Servo Motors and Drives Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Servo Motors and Drives Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Servo Motors and Drives Market, regional snapshot 2020 & 2030
FIG 15. North America Servo Motors and Drives Market 2020 & 2030 (USD Billion)
FIG 16. Europe Servo Motors and Drives Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Servo Motors and Drives Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Servo Motors and Drives Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Servo Motors and Drives Market 2020 & 2030 (USD Billion)