AC and DC Servo Motor Market size is estimated to be USD 6.5 Billion in 2024 and is expected to reach USD 11.2 Billion by 2033 at a CAGR of 6.5% from 2026 to 2033.
The global AC and DC Servo Motor market was valued at approximately USD 15.2 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.8% from 2023 to 2030. The market is expected to reach a valuation of around USD 29.4 billion by 2030. AC servo motors hold the largest market share, owing to their superior efficiency and performance in industrial automation systems. The demand for these motors is driven by the increasing adoption of automation technologies across various industries like manufacturing, robotics, and aerospace. Meanwhile, DC servo motors are also witnessing steady demand due to their cost effectiveness and simpler control systems in applications requiring lower torque and power outputs.
Regionally, North America dominates the AC and DC servo motor market, accounting for nearly 35% of the global market share in 2022. This is attributed to high demand from advanced manufacturing sectors and robotics applications. Europe follows closely with a market share of 30%, driven by strong industrial sectors in countries like Germany and Italy. The Asia Pacific region is expected to exhibit the fastest growth over the forecast period, with a CAGR of 7.5%, driven by rapid industrialization, technological advancements, and increased manufacturing activities in countries like China and India. The Latin American and Middle Eastern markets are projected to witness gradual growth, with rising industrial investments and infrastructure development fueling market demand in these regions.
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ABB
Yasukawa
Mitsubishi
Rexroth (Bosch)
Schneider
Fanuc
Rockwell
Lenze
SANYO DENKI
Beckhoff
Baumüller Group
Nidec
Kollmorgen
Delta
Infranor
Panasonic
Parker Hannifin
Toshiba
Oriental Motor
Hitachi
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global AC and DC Servo Motor Market
AC Servo Motors
DC Servo Motors
Industrial Automation
Medical Equipment
Aerospace
Automotive
Packaging
Open Loop Control
Closed Loop Control
Digital Control
Analog Control
Manufacturing
Food and Beverage
Pharmaceutical
Consumer Electronics
Energy and Power Generation
Small Servo Motors
Medium Servo Motors
Large Servo Motors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global AC and DC Servo Motor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global AC and DC Servo Motor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global AC and DC Servo Motor Market, By Type
6. Global AC and DC Servo Motor Market, By Application
7. Global AC and DC Servo Motor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global AC and DC Servo Motor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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