PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638839
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1638839
The Global AC Digital Servo Motors And Drives Market reached USD 6.9 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2034. This growth is driven by the increasing need for energy-effective motor control systems in industrial operations, in line with rising energy consumption. Investments in infrastructure development are also contributing to the growing demand for HVAC systems, which rely on precise motor control for optimizing energy efficiency in buildings. The increasing emphasis on energy conservation and motor speed control is further fueling the market for AC digital servo motors and drives.
The industry is set to experience significant expansion, supported by ongoing innovations in industrial automation technologies and regulatory measures that promote sustainability. The widespread adoption of smart manufacturing practices, especially in industries focused on automation, is expected to enhance the need for AC servo motors and drives. Additionally, global initiatives that promote growth in manufacturing and processing industries are expected to increase the need for these advanced motor control solutions.
The metal cutting and forming segment is projected to reach over USD 1.9 billion by 2034, driven by a rising need for lightweight, high-strength metals in sectors such as aerospace and automotive. The increased investment in industrial operations is also contributing to this growth. The integration of AC digital servo motors and drives into advanced manufacturing techniques is enabling precise metal shaping and cutting, which ensures high accuracy in production. This capability is particularly important as manufacturers aim to improve production quality, reduce manufacturing cycle times, and minimize risks in metal cutting processes, all of which contribute to the rising demand for these technologies.
Market Scope | |
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Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $6.9 Billion |
Forecast Value | $13.3 Billion |
CAGR | 6.6% |
U.S. AC digital servo motors and drives market is expected to surpass USD 2.6 billion by 2034. The demand for precise motor control units across a variety of industrial applications, along with the growing trend of automation in manufacturing processes, is boosting market growth. In addition, increasing energy consumption across sectors and the implementation of stringent energy efficiency regulations are positively impacting the market's outlook. Further investment in manufacturing and process industries is expected to increase productivity, driving the demand for high-performance AC servo motors and drives. As regulations continue to push for sustainability and reduced emissions, the adoption of these advanced technologies is likely to continue expanding in the coming years.