North America Servo Motors Market Size, Share & Trends Analysis Report By System, By Type, By Application (Robotics, Machine Tools, Printing & Packaging Technologies, Electronic Devices and Others), By Country and Growth Forecast, 2023

List of Tables

The North America Servo Motors Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).

The US market dominated the North America Servo Motors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,069.3 Million by 2030. The Canada market is experiencing a CAGR of 7.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.1% during (2023 - 2030).

In the aerospace and defense industries, these motors are utilized in flight control systems, navigation equipment, and unmanned aerial vehicles (UAVs), where accuracy, agility, and reliability are paramount. These motors are integral components of precision flight control systems in UAVs, providing the actuation necessary for controlling flight surfaces such as ailerons, elevators, rudders, and flaps. These motors enable UAVs to achieve stable flight dynamics, responsive maneuverability, and precise control over pitch, roll, and yaw axes. By converting electrical signals from flight controllers into mechanical movements, these motors ensure smooth and accurate adjustments to the UAV's orientation and trajectory, which is essential for achieving mission objectives with reliability and precision.

Furthermore, these motors are utilized in navigation equipment such as gyroscopes, inertial measurement units (IMUs), and autopilot systems, providing accurate and stable positioning, orientation, and attitude control. These motors facilitate precise adjustments to sensor platforms and guidance systems, enabling reliable navigation, targeting, and mission execution in aerospace and defense applications. Whether deployed in aircraft, spacecraft, or missile systems, these motors contribute to the accuracy and reliability of navigation and guidance systems, enhancing operational effectiveness and mission success.

As per the data from the International Trade Administration, Mexico ranks the seventh-largest producer globally, with an annual production of 3.5 million passenger vehicles. Out of the total number of vehicles manufactured in Mexico, 88 percent are exported, with 76 percent being allocated to the United States. Additionally, as per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs). It complemented support for the aerospace industry provided through Canada's COVID-19 Economic Response Plan and by Industry, Science and Economic Development (ISED) through the Strategic Innovation Fund. Hence, North America's growing aerospace and automotive sectors will boost the demand for these motors in the region.

Based on System, the market is segmented into Rotary and Linear. Based on Type, the market is segmented into AC Servo Motor and DC Servo Motor. Based on Application, the market is segmented into Robotics, Machine Tools, Printing & Packaging Technologies, Electronic Devices and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Siemens AG
ABB Group
Yaskawa Electric Corporation
Rockwell Automation, Inc.
FANUC Corporation
Mitsubishi Electric Corporation
Parker Hannifin Corporation
Schneider Electric SE
Bosch Rexroth AG (Robert Bosch GmbH)
Regal Rexnord Corporation

North America Servo Motors Market Report Segmentation

By System

Rotary
Linear

By Type

AC Servo Motor
DC Servo Motor

By Application

Robotics
Machine Tools
Printing & Packaging Technologies
Electronic Devices
Others

By Country

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Servo Motors Market, by System
- 1.4.2North America Servo Motors Market, by Type
- 1.4.3North America Servo Motors Market, by Application
- 1.4.4North America Servo Motors Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
4.4Porter Five Forces Analysis

Chapter 5.North America Servo Motors Market by System

5.1North America Rotary Market by Country
5.2North America Linear Market by Country

Chapter 6.North America Servo Motors Market by Type

6.1North America AC Servo Motor Market by Country
6.2North America DC Servo Motor Market by Country

Chapter 7.North America Servo Motors Market by Application

7.1North America Robotics Market by Country
7.2North America Machine Tools Market by Country
7.3North America Printing & Packaging Technologies Market by Country
7.4North America Electronic Devices Market by Country
7.5North America Others Market by Country

Chapter 8.North America Servo Motors Market by Country

8.1US Servo Motors Market
- 8.1.1US Servo Motors Market by System
- 8.1.2US Servo Motors Market by Type
- 8.1.3US Servo Motors Market by Application
8.2Canada Servo Motors Market
- 8.2.1Canada Servo Motors Market by System
- 8.2.2Canada Servo Motors Market by Type
- 8.2.3Canada Servo Motors Market by Application
8.3Mexico Servo Motors Market
- 8.3.1Mexico Servo Motors Market by System
- 8.3.2Mexico Servo Motors Market by Type
- 8.3.3Mexico Servo Motors Market by Application
8.4Rest of North America Servo Motors Market
- 8.4.1Rest of North America Servo Motors Market by System
- 8.4.2Rest of North America Servo Motors Market by Type
- 8.4.3Rest of North America Servo Motors Market by Application

Chapter 9.Company Profiles

9.1Siemens AG
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expense
- 9.1.5Recent strategies and developments:
  - 9.1.5.1Product Launches and Product Expansions:
  - 9.1.5.2Acquisition and Mergers:
- 9.1.6SWOT Analysis
9.2ABB Group
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expense
- 9.2.5Recent strategies and developments:
  - 9.2.5.1Partnerships, Collaborations, and Agreements:
  - 9.2.5.2Acquisition and Mergers:
- 9.2.6SWOT Analysis
9.3Mitsubishi Electric Corporation
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expense
- 9.3.5Recent strategies and developments:
  - 9.3.5.1Partnerships, Collaborations, and Agreements:
- 9.3.6SWOT Analysis
9.4Schneider Electric SE
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5Recent strategies and developments:
  - 9.4.5.1Product Launches and Product Expansions:
- 9.4.6SWOT Analysis
9.5Yaskawa Electric Corporation
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Recent strategies and developments:
  - 9.5.4.1Partnerships, Collaborations, and Agreements:
  - 9.5.4.2Product Launches and Product Expansions:
- 9.5.5SWOT Analysis
9.6FANUC Corporation
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5SWOT Analysis
9.7Rockwell Automation, Inc.
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expenses
- 9.7.5Recent strategies and developments:
  - 9.7.5.1Acquisition and Mergers:
- 9.7.6SWOT Analysis
9.8Parker Hannifin Corporation
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expenses
- 9.8.5Recent strategies and developments:
  - 9.8.5.1Partnerships, Collaborations, and Agreements:
  - 9.8.5.2Product Launches and Product Expansions:
- 9.8.6SWOT Analysis
9.9Bosch Rexroth AG (Robert Bosch GmbH)
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5Recent strategies and developments:
  - 9.9.5.1Acquisition and Mergers:
- 9.9.6SWOT Analysis
9.10.Regal Rexnord Corporation
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expenses
- 9.10.5Recent strategies and developments:
  - 9.10.5.1Acquisition and Mergers:

LIST OF TABLES

TABLE 1North America Servo Motors Market, 2019 - 2022, USD Million
TABLE 2North America Servo Motors Market, 2023 - 2030, USD Million
TABLE 3Partnerships, Collaborations and Agreements- Servo Motors Market
TABLE 4Product Launches And Product Expansions- Servo Motors Market
TABLE 5Acquisition and Mergers- Servo Motors Market
TABLE 6North America Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 7North America Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 8North America Rotary Market by Country, 2019 - 2022, USD Million
TABLE 9North America Rotary Market by Country, 2023 - 2030, USD Million
TABLE 10North America Linear Market by Country, 2019 - 2022, USD Million
TABLE 11North America Linear Market by Country, 2023 - 2030, USD Million
TABLE 12North America Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 13North America Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 14North America AC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 15North America AC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 16North America DC Servo Motor Market by Country, 2019 - 2022, USD Million
TABLE 17North America DC Servo Motor Market by Country, 2023 - 2030, USD Million
TABLE 18North America Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 19North America Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 20North America Robotics Market by Country, 2019 - 2022, USD Million
TABLE 21North America Robotics Market by Country, 2023 - 2030, USD Million
TABLE 22North America Machine Tools Market by Country, 2019 - 2022, USD Million
TABLE 23North America Machine Tools Market by Country, 2023 - 2030, USD Million
TABLE 24North America Printing & Packaging Technologies Market by Country, 2019 - 2022, USD Million
TABLE 25North America Printing & Packaging Technologies Market by Country, 2023 - 2030, USD Million
TABLE 26North America Electronic Devices Market by Country, 2019 - 2022, USD Million
TABLE 27North America Electronic Devices Market by Country, 2023 - 2030, USD Million
TABLE 28North America Others Market by Country, 2019 - 2022, USD Million
TABLE 29North America Others Market by Country, 2023 - 2030, USD Million
TABLE 30North America Servo Motors Market by Country, 2019 - 2022, USD Million
TABLE 31North America Servo Motors Market by Country, 2023 - 2030, USD Million
TABLE 32US Servo Motors Market, 2019 - 2022, USD Million
TABLE 33US Servo Motors Market, 2023 - 2030, USD Million
TABLE 34US Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 35US Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 36US Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 37US Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 38US Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 39US Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 40Canada Servo Motors Market, 2019 - 2022, USD Million
TABLE 41Canada Servo Motors Market, 2023 - 2030, USD Million
TABLE 42Canada Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 43Canada Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 44Canada Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 45Canada Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 46Canada Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 47Canada Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 48Mexico Servo Motors Market, 2019 - 2022, USD Million
TABLE 49Mexico Servo Motors Market, 2023 - 2030, USD Million
TABLE 50Mexico Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 51Mexico Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 52Mexico Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 53Mexico Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 54Mexico Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 55Mexico Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 56Rest of North America Servo Motors Market, 2019 - 2022, USD Million
TABLE 57Rest of North America Servo Motors Market, 2023 - 2030, USD Million
TABLE 58Rest of North America Servo Motors Market by System, 2019 - 2022, USD Million
TABLE 59Rest of North America Servo Motors Market by System, 2023 - 2030, USD Million
TABLE 60Rest of North America Servo Motors Market by Type, 2019 - 2022, USD Million
TABLE 61Rest of North America Servo Motors Market by Type, 2023 - 2030, USD Million
TABLE 62Rest of North America Servo Motors Market by Application, 2019 - 2022, USD Million
TABLE 63Rest of North America Servo Motors Market by Application, 2023 - 2030, USD Million
TABLE 64Key Information - Siemens AG
TABLE 65Key Information - ABB Group
TABLE 66Key Information - Mitsubishi Electric Corporation
TABLE 67Key Information - Schneider Electric SE
TABLE 68Key Information - Yaskawa Electric Corporation
TABLE 69key information - FANUC Corporation
TABLE 70Key Information - Rockwell Automation, Inc.
TABLE 71Key Information - Parker Hannifin Corporation
TABLE 72Key Information - Bosch Rexroth AG
TABLE 73Key Information - Regal Rexnord Corporation

North America Servo Motors Market Size, Share & Trends Analysis Report By System, By Type, By Application (Robotics, Machine Tools, Printing & Packaging Technologies, Electronic Devices and Others), By Country and Growth Forecast, 2023 - 2030

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