Servo Motors and Drives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global market for servo motors is witnessing substantial growth, driven by increasing adoption across various application-oriented segments.With the market projected to reach $18.59 billion in 2024 and $33.2 billion by 2031, reflecting a CAGR of 8.60%, the shift towards servo motors is streamlining processes and driving overall production efficiency. The automation of industrial processes has recently led to enhanced output, reduced costs, increased precision, and the mitigation of regular manual tasks. The automation sector is growing rapidly, resulting in a surge in demand for advanced tools and equipment. Various industries are transitioning from traditional motors to servo motors and drives to streamline processes and enhance overall production, creating numerous opportunities for market participants.

Servo motors are predominantly used in high-tech gadgets within industrial applications such as automation technology. These are self-contained electrical devices that rotate an object or system, like a robot's arm, with high precision. The motor's output shaft can be set to a precise angle. A servo motor comprises four essential components: a combiner motor, a feedback circuit, a controller, and an electronic circuit. Due to the integrated feedback mechanism, these motors operate in a closed-loop system.

Servo drives, often referred to as amplifiers, boost the control signal from the controller to provide a specific voltage and current to the motor. Compared to conventional DC motors and stepper motors, servo motors and drives offer several advantages, including built-in feedback systems and high revolutions per minute. The global market for servo motors and drives has been extensively studied to provide detailed insights into macro elements and forecast components, predicting robust growth driven by the widespread adoption of automation.

Sales Analysis of Servo Motors and Drives: Recent Trends and Future Outlook

The market for servo motors and drives has experienced steady growth, driven by rising global vehicle demand and production, as well as customer demand for performance improvement and fuel-efficient systems. Although the initial stage of the COVID-19 outbreak led to significant global market losses, the servo motors and drives market has rebounded, regaining its original position in terms of revenue and GDP. These motors and drives are now widely used in various industries to execute precise actions controlled by input signals, becoming key components of industrial processes due to their superior control, feedback, and precision.

Market Drivers

Several technological advancements have spurred growth in industrial automation, such as the PLC, which has replaced relay logic. The expansion of manufacturing and production facilities globally is generating significant growth opportunities. Servo motors are also gaining traction in older industrial facilities, as owners of these factories are making agreements with well-known servo motor producers to upgrade their operational systems.

Recent years have seen a technological revolution in end-use sectors with the development of service robots for professional use. The rapid advancement of robot capabilities, driven by machine learning, artificial intelligence, adaptive computing, and vision systems, has led to significant market expansion. The ownership of robots as a service (RaaS) is also increasing due to technological improvements in this field, enhancing servo motor prospects and driving market growth.

Market Restraints

While servo motors are superior to regular electric motors in terms of operation and accuracy, they operate based on input signals entered via coding, a computer language. Therefore, skilled individuals are required to adjust the servo motor, drive, wire, and other small working equipment to the servo system. Setting up and developing logic for applications that require multiple servo motors can be time-consuming, taking more time and space compared to typical motor system installations, which may hinder market growth.

Regional Analysis

Europe: Europe holds a dominant market share, with significant growth potential due to the continent's increasing energy demand, booming exploration and production activities, reduced reliance on coal reserves, and initiatives to boost renewable energy sources. Germany, in particular, holds a significant global market share due to its prominence as a manufacturing hub for various products across numerous end-use industries, including electronics.

East Asia: East Asia holds a substantial share of the global servo drive market, with rapid industrialization, oil and gas operations, and infrastructure growth in countries like China, Japan, and South Korea driving market dominance. The region's exponential population growth has led to increased demand for goods and services across various industry sectors, fostering market growth. Japan's market is more stable and mature compared to China and South Korea, resulting in moderate growth.

Category-wise Insights

Product Type: The product type segment includes linear servo motors and rotary servo motors. Linear servo motors hold a significant share of the global market due to their higher precision, faster speeds, and maximum acceleration compared to rotary counterparts. These motors have several applications, including remotely controlled aircraft, and are preferred by consumers for their superior performance.

Application: Robotics dominates the application segment, with servo motors used in industrial robots to produce in-line goods on assembly lines. Each joint of such robots is actuated by servo motors, providing precise movements. The increased use of robotics contributes to the segment's impressive market share. Other significant applications include printing, packaging, and electronic devices, which have substantial global footprints. Remote-controlled toys, medical equipment, CNC machines, and other industrial machinery equipment show moderate growth.

Motor Configuration: The market is divided into AC Servo Motors and DC Servo Motors based on motor configuration. AC Servo Motors hold a significant market share due to their versatility, affordability, and lower maintenance requirements compared to DC Servo Motors. The absence of brushes and commutators in AC Servo Motors eliminates replacement costs, favoring their adoption. Additionally, AC Servo Motors have a backup system that ensures consistent speed operation even during controller malfunctions.

Competitive Analysis

The global servo motors and drives market is highly competitive, with numerous manufacturers vying for market domination. Increased demand and technological adoption have led to the rise of several well-known firms. Recent expansion strategies, such as acquisitions, mergers, and partnerships, have driven market growth. Notable developments include:

Siemens launching an enclosed IEC motor for industrial and construction applications.
Mitsubishi Electric Corporation expanding its geographical presence in North America by opening a new office in Boston.

Key Companies Profiled

Siemens AG
Altra Industrial Motion Corp
Panasonic Corporation
Nidec Motor Corporation
Parker Hannifin Corporation
Delta Electronics Inc
Fuji Electric Co
Hitachi Ltd
Rozum Robotics Inc
Mitsubishi Electric Corporation
Schneider Electric
FANUC CORPORATION
Rockwell Automation, Inc
ABB
Applied Motion Products
Baumuller
Nippon Pulse America, Inc
YASKAWA ELECTRIC CORPORATION

Key Segments Covered

Product Type: Linear Servo Motor, Rotary Servo Motor (Positional Rotation Type, Continuous Rotation Type)
Technology: Single Axis Servo System (Pulse Duty Servo Drive, Continuous Duty Servo Drives), Multi Axis Servo System
Application: Remotely Controlled Toys, Robotics, Electronic Devices, Medical Devices, Printing and Packaging Equipment, CNC Machines, Other Industrial Machinery and Equipment
Motor Configuration: AC Servo Motors (Induction Type, Synchronous Type), DC Servo Motors (Brushless DC Motors, Separately Excited DC Motors, Permanent Magnet DC Motor)
Rated Power Capacity: 400-750 W, 750-1 KW, 1-5 KW, 5-15 KW, 15-50 KW, 50-100 KW
Region: North America, Latin America, Europe, East Asia, South Asia and Pacific, Middle East and Africa

1. Executive Summary

1.1. Global Servo Motors and Drives Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019-2023

3.1. Global Average Price Analysis, by Product Type/ Material, US$ Per Unit, 2019-2023
3.2. Prominent Factor Affecting Servo Motors and Drives Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Global Servo Motors and Drives Market Outlook, 2019-2031

4.1. Global Servo Motors and Drives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Linear Servo Motor
  - 4.1.1.2. Rotary Servo Motor
    - 4.1.1.2.1. Positional Rotation Type
    - 4.1.1.2.2. Continuous Rotation Type
4.2. Global Servo Motors and Drives Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Single Axis Servo System
    - 4.2.1.1.1. Pulse Duty Servo Drive
    - 4.2.1.1.2. Continuous Duty Servo Drives
  - 4.2.1.2. Multi Axis Servo System
4.3. Global Servo Motors and Drives Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Remotely Controlled Toys
  - 4.3.1.2. Robotics
  - 4.3.1.3. Electronic Devices
  - 4.3.1.4. Medical Devices
  - 4.3.1.5. Printing and Packaging Equipment
  - 4.3.1.6. CNC Machines
  - 4.3.1.7. Other
4.4. Global Servo Motors and Drives Market Outlook, by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 4.4.1. Key Highlights
  - 4.4.1.1. AC Servo Motors
    - 4.4.1.1.1. Induction Type
    - 4.4.1.1.2. Synchronous Type
  - 4.4.1.2. DC Servo Motors
    - 4.4.1.2.1. Brushless DC Motors
    - 4.4.1.2.2. Separately Excited DC Motors
    - 4.4.1.2.3. Permanent Magnet DC Motor
4.5. Global Servo Motors and Drives Market Outlook, by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
- 4.5.1. Key Highlights
  - 4.5.1.1. 400-750 W
  - 4.5.1.2. 750-1 KW
  - 4.5.1.3. 1-5 KW
  - 4.5.1.4. 5-15 KW
  - 4.5.1.5. 15-50 KW
  - 4.5.1.6. 50-100 KW
4.6. Global Servo Motors and Drives Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019-2031
- 4.6.1. Key Highlights
  - 4.6.1.1. North America
  - 4.6.1.2. Europe
  - 4.6.1.3. Asia Pacific
  - 4.6.1.4. Latin America
  - 4.6.1.5. Middle East & Africa

5. North America Servo Motors and Drives Market Outlook, 2019-2031

5.1. North America Servo Motors and Drives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Linear Servo Motor
  - 5.1.1.2. Rotary Servo Motor
    - 5.1.1.2.1. Positional Rotation Type
    - 5.1.1.2.2. Continuous Rotation Type
5.2. North America Servo Motors and Drives Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Single Axis Servo System
    - 5.2.1.1.1. Pulse Duty Servo Drive
    - 5.2.1.1.2. Continuous Duty Servo Drives
  - 5.2.1.2. Multi Axis Servo System
5.3. North America Servo Motors and Drives Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Remotely Controlled Toys
  - 5.3.1.2. Robotics
  - 5.3.1.3. Electronic Devices
  - 5.3.1.4. Medical Devices
  - 5.3.1.5. Printing and Packaging Equipment
  - 5.3.1.6. CNC Machines
  - 5.3.1.7. Other
5.4. North America Servo Motors and Drives Market Outlook, by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.4.1. Key Highlights
  - 5.4.1.1. AC Servo Motors
    - 5.4.1.1.1. Induction Type
    - 5.4.1.1.2. Synchronous Type
  - 5.4.1.2. DC Servo Motors
    - 5.4.1.2.1. Brushless DC Motors
    - 5.4.1.2.2. Separately Excited DC Motors
    - 5.4.1.2.3. Permanent Magnet DC Motor
5.5. North America Servo Motors and Drives Market Outlook, by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.5.1. Key Highlights
  - 5.5.1.1. 400-750 W
  - 5.5.1.2. 750-1 KW
  - 5.5.1.3. 1-5 KW
  - 5.5.1.4. 5-15 KW
  - 5.5.1.5. 15-50 KW
  - 5.5.1.6. 50-100 KW
5.6. North America Servo Motors and Drives Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.6.1. Key Highlights
  - 5.6.1.1. U.S. Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.2. U.S. Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.3. U.S. Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.4. U.S. Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.5. U.S. Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.6. Canada Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.7. Canada Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.8. Canada Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.9. Canada Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 5.6.1.10. Canada Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031

6. Europe Servo Motors and Drives Market Outlook, 2019-2031

6.1. Europe Servo Motors and Drives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Linear Servo Motor
  - 6.1.1.2. Rotary Servo Motor
    - 6.1.1.2.1. Positional Rotation Type
    - 6.1.1.2.2. Continuous Rotation Type
6.2. Europe Servo Motors and Drives Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Single Axis Servo System
    - 6.2.1.1.1. Pulse Duty Servo Drive
    - 6.2.1.1.2. Continuous Duty Servo Drives
  - 6.2.1.2. Multi Axis Servo System
6.3. Europe Servo Motors and Drives Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Remotely Controlled Toys
  - 6.3.1.2. Robotics
  - 6.3.1.3. Electronic Devices
  - 6.3.1.4. Medical Devices
  - 6.3.1.5. Printing and Packaging Equipment
  - 6.3.1.6. CNC Machines
  - 6.3.1.7. Other
6.4. Europe Servo Motors and Drives Market Outlook, by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.4.1. Key Highlights
  - 6.4.1.1. AC Servo Motors
    - 6.4.1.1.1. Induction Type
    - 6.4.1.1.2. Synchronous Type
  - 6.4.1.2. DC Servo Motors
    - 6.4.1.2.1. Brushless DC Motors
    - 6.4.1.2.2. Separately Excited DC Motors
    - 6.4.1.2.3. Permanent Magnet DC Motor
6.5. Europe Servo Motors and Drives Market Outlook, by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.5.1. Key Highlights
  - 6.5.1.1. 400-750 W
  - 6.5.1.2. 750-1 KW
  - 6.5.1.3. 1-5 KW
  - 6.5.1.4. 5-15 KW
  - 6.5.1.5. 15-50 KW
  - 6.5.1.6. 50-100 KW
6.6. Europe Servo Motors and Drives Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.6.1. Key Highlights
  - 6.6.1.1. Germany Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.2. Germany Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.3. Germany Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.4. Germany Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.5. Germany Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.6. U.K. Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.7. U.K. Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.8. U.K. Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.9. U.K. Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.10. U.K. Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.11. France Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.12. France Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.13. France Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.14. France Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.15. France Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.16. Italy Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.17. Italy Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.18. Italy Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.19. Italy Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.20. Italy Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.21. Turkey Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.22. Turkey Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.23. Turkey Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.24. Turkey Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.25. Turkey Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.26. Russia Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.27. Russia Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.28. Russia Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.29. Russia Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.30. Russia Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.31. Rest of Europe Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.32. Rest of Europe Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.33. Rest of Europe Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.34. Rest of Europe Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.6.1.35. Rest of Europe Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031

7. Asia Pacific Servo Motors and Drives Market Outlook, 2019-2031

7.1. Asia Pacific Servo Motors and Drives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Linear Servo Motor
  - 7.1.1.2. Rotary Servo Motor
    - 7.1.1.2.1. Positional Rotation Type
    - 7.1.1.2.2. Continuous Rotation Type
7.2. Asia Pacific Servo Motors and Drives Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Single Axis Servo System
    - 7.2.1.1.1. Pulse Duty Servo Drive
    - 7.2.1.1.2. Continuous Duty Servo Drives
  - 7.2.1.2. Multi Axis Servo System
7.3. Asia Pacific Servo Motors and Drives Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Remotely Controlled Toys
  - 7.3.1.2. Robotics
  - 7.3.1.3. Electronic Devices
  - 7.3.1.4. Medical Devices
  - 7.3.1.5. Printing and Packaging Equipment
  - 7.3.1.6. CNC Machines
  - 7.3.1.7. Other
7.4. Asia Pacific Servo Motors and Drives Market Outlook, by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.4.1. Key Highlights
  - 7.4.1.1. AC Servo Motors
    - 7.4.1.1.1. Induction Type
    - 7.4.1.1.2. Synchronous Type
  - 7.4.1.2. DC Servo Motors
    - 7.4.1.2.1. Brushless DC Motors
    - 7.4.1.2.2. Separately Excited DC Motors
    - 7.4.1.2.3. Permanent Magnet DC Motor
7.5. Asia Pacific Servo Motors and Drives Market Outlook, by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.5.1. Key Highlights
  - 7.5.1.1. 400-750 W
  - 7.5.1.2. 750-1 KW
  - 7.5.1.3. 1-5 KW
  - 7.5.1.4. 5-15 KW
  - 7.5.1.5. 15-50 KW
  - 7.5.1.6. 50-100 KW
7.6. Asia Pacific Servo Motors and Drives Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.6.1. Key Highlights
  - 7.6.1.1. China Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.2. China Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.3. China Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.4. China Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.5. China Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.6. Japan Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.7. Japan Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.8. Japan Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.9. Japan Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.10. Japan Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.11. South Korea Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.12. South Korea Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.13. South Korea Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.14. South Korea Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.15. South Korea Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.16. India Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.17. India Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.18. India Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.19. India Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.20. India Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.21. Southeast Asia Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.22. Southeast Asia Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.23. Southeast Asia Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.24. Southeast Asia Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.25. Southeast Asia Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.26. Rest of Asia Pacific Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.27. Rest of Asia Pacific Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.28. Rest of Asia Pacific Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.29. Rest of Asia Pacific Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.6.1.30. Rest of Asia Pacific Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031

8. Latin America Servo Motors and Drives Market Outlook, 2019-2031

8.1. Latin America Servo Motors and Drives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Linear Servo Motor
  - 8.1.1.2. Rotary Servo Motor
    - 8.1.1.2.1. Positional Rotation Type
    - 8.1.1.2.2. Continuous Rotation Type
8.2. Latin America Servo Motors and Drives Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Single Axis Servo System
    - 8.2.1.1.1. Pulse Duty Servo Drive
    - 8.2.1.1.2. Continuous Duty Servo Drives
  - 8.2.1.2. Multi Axis Servo System
8.3. Latin America Servo Motors and Drives Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Remotely Controlled Toys
  - 8.3.1.2. Robotics
  - 8.3.1.3. Electronic Devices
  - 8.3.1.4. Medical Devices
  - 8.3.1.5. Printing and Packaging Equipment
  - 8.3.1.6. CNC Machines
  - 8.3.1.7. Other
8.4. Latin America Servo Motors and Drives Market Outlook, by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.4.1. Key Highlights
  - 8.4.1.1. AC Servo Motors
    - 8.4.1.1.1. Induction Type
    - 8.4.1.1.2. Synchronous Type
  - 8.4.1.2. DC Servo Motors
    - 8.4.1.2.1. Brushless DC Motors
    - 8.4.1.2.2. Separately Excited DC Motors
    - 8.4.1.2.3. Permanent Magnet DC Motor
8.5. Latin America Servo Motors and Drives Market Outlook, by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.5.1. Key Highlights
  - 8.5.1.1. 400-750 W
  - 8.5.1.2. 750-1 KW
  - 8.5.1.3. 1-5 KW
  - 8.5.1.4. 5-15 KW
  - 8.5.1.5. 15-50 KW
  - 8.5.1.6. 50-100 KW
8.6. Latin America Servo Motors and Drives Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.6.1. Key Highlights
  - 8.6.1.1. Brazil Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.2. Brazil Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.3. Brazil Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.4. Brazil Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.5. Brazil Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.6. Mexico Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.7. Mexico Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.8. Mexico Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.9. Mexico Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.10. Mexico Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.11. Argentina Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.12. Argentina Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.13. Argentina Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.14. Argentina Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.15. Argentina Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.16. Rest of Latin America Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.17. Rest of Latin America Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.18. Rest of Latin America Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.19. Rest of Latin America Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.6.1.20. Rest of Latin America Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031

9. Middle East & Africa Servo Motors and Drives Market Outlook, 2019-2031

9.1. Middle East & Africa Servo Motors and Drives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Linear Servo Motor
  - 9.1.1.2. Rotary Servo Motor
    - 9.1.1.2.1. Positional Rotation Type
    - 9.1.1.2.2. Continuous Rotation Type
9.2. Middle East & Africa Servo Motors and Drives Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Single Axis Servo System
    - 9.2.1.1.1. Pulse Duty Servo Drive
    - 9.2.1.1.2. Continuous Duty Servo Drives
  - 9.2.1.2. Multi Axis Servo System
9.3. Middle East & Africa Servo Motors and Drives Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Remotely Controlled Toys
  - 9.3.1.2. Robotics
  - 9.3.1.3. Electronic Devices
  - 9.3.1.4. Medical Devices
  - 9.3.1.5. Printing and Packaging Equipment
  - 9.3.1.6. CNC Machines
  - 9.3.1.7. Other
9.4. Middle East & Africa Servo Motors and Drives Market Outlook, by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.4.1. Key Highlights
  - 9.4.1.1. AC Servo Motors
    - 9.4.1.1.1. Induction Type
    - 9.4.1.1.2. Synchronous Type
  - 9.4.1.2. DC Servo Motors
    - 9.4.1.2.1. Brushless DC Motors
    - 9.4.1.2.2. Separately Excited DC Motors
    - 9.4.1.2.3. Permanent Magnet DC Motor
9.5. Middle East & Africa Servo Motors and Drives Market Outlook, by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.5.1. Key Highlights
  - 9.5.1.1. 400-750 W
  - 9.5.1.2. 750-1 KW
  - 9.5.1.3. 1-5 KW
  - 9.5.1.4. 5-15 KW
  - 9.5.1.5. 15-50 KW
  - 9.5.1.6. 50-100 KW
9.6. Middle East & Africa Servo Motors and Drives Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.6.1. Key Highlights
  - 9.6.1.1. GCC Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.2. GCC Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.3. GCC Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.4. GCC Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.5. GCC Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.6. South Africa Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.7. South Africa Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.8. South Africa Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.9. South Africa Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.10. South Africa Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.11. Egypt Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.12. Egypt Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.13. Egypt Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.14. Egypt Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.15. Egypt Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.16. Nigeria Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.17. Nigeria Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.18. Nigeria Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.19. Nigeria Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.20. Nigeria Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.21. Rest of Middle East & Africa Servo Motors and Drives Market by Product Type, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.22. Rest of Middle East & Africa Servo Motors and Drives Market by Technology, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.23. Rest of Middle East & Africa Servo Motors and Drives Market by Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.24. Rest of Middle East & Africa Servo Motors and Drives Market by Motor Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.6.1.25. Rest of Middle East & Africa Servo Motors and Drives Market by Rated Power Capacity, Value (US$ Bn) and Volume (Units), 2019-2031

10. Competitive Landscape

10.1. Product Type vs Technology Heatmap
10.2. Company Market Share Analysis, 2023
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Siemens AG
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. Altra Industrial Motion Corp
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. Panasonic Corporation
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. Nidec Motor Corporation
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. Parker Hannifin Corporation
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Delta Electronics Inc
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Fuji Electric Co
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. Hitachi Ltd
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. Rozum Robotics Inc
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development
- 10.4.10. Mitsubishi Electric Corporation
  - 10.4.10.1. Company Overview
  - 10.4.10.2. Product Portfolio
  - 10.4.10.3. Financial Overview
  - 10.4.10.4. Business Strategies and Development
- 10.4.11. Schneider Electric
  - 10.4.11.1. Company Overview
  - 10.4.11.2. Product Portfolio
  - 10.4.11.3. Financial Overview
  - 10.4.11.4. Business Strategies and Development
- 10.4.12. FANUC CORPORATION
  - 10.4.12.1. Company Overview
  - 10.4.12.2. Product Portfolio
  - 10.4.12.3. Financial Overview
  - 10.4.12.4. Business Strategies and Development
- 10.4.13. Rockwell Automation, Inc
  - 10.4.13.1. Company Overview
  - 10.4.13.2. Product Portfolio
  - 10.4.13.3. Financial Overview
  - 10.4.13.4. Business Strategies and Development
- 10.4.14. ABB
  - 10.4.14.1. Company Overview
  - 10.4.14.2. Product Portfolio
  - 10.4.14.3. Financial Overview
  - 10.4.14.4. Business Strategies and Development
- 10.4.15. Applied Motion Products
  - 10.4.15.1. Company Overview
  - 10.4.15.2. Product Portfolio
  - 10.4.15.3. Financial Overview
  - 10.4.15.4. Business Strategies and Development
- 10.4.16. Baumuller
  - 10.4.16.1. Company Overview
  - 10.4.16.2. Product Portfolio
  - 10.4.16.3. Financial Overview
  - 10.4.16.4. Business Strategies and Development
- 10.4.17. Nippon Pulse America, Inc
  - 10.4.17.1. Company Overview
  - 10.4.17.2. Product Portfolio
  - 10.4.17.3. Financial Overview
  - 10.4.17.4. Business Strategies and Development
- 10.4.18. YASKAWA ELECTRIC CORPORATION Valworx Inc.
  - 10.4.18.1. Company Overview
  - 10.4.18.2. Product Portfolio
  - 10.4.18.3. Financial Overview
  - 10.4.18.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations