Servo Motors and Drives Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global Servo Motors 
and Drives Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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A cc o r d i ng  t o  t h e  l a te s t  r e po r t  b y  IM A R C  G r o up ,  t i t l e d  " S e r v o  M o t o rs  a n d  D r i v es  
Ma r k e t :  G l o b a l  In d u s t r y  T r e n d s ,  S h a r e ,  S i ze ,  G r o w t h ,  O p p o r t u n i ty  a n d  F o r e c a s t  
20 2 4 - 2 03 2 , "  t h e  g l ob a l  s e rv o  m o to r s  a nd  d r i v e s  ma r ke t  s i z e  r e a ch e d  U S $  1 2 . 8  B i l l i o n  
i n  2 0 2 3 .
S e r v o  mo t o r s  a n d  d r i v e s  a re  c r i t i ca l  m a c h i n e r y  t h a t  i s  w i d e l y  u s e d  fo r  p r e c i s e  p o s i t i on  
Report co n t r o l  a nd  a u t om a t i o n  a c r o ss  v a r i o us  i n d u s t r i e s .  T he s e  au t o m a t e d  l i ne a r  o r  r o t a ry  
ac t u a t o r s  c o n s i s t  o f  a  co m b i na t i o n  o f  e l e c t r o n i c  p a r t s ,  i n c l u d i n g  th e  A C  an d  D C  mo t o r s .  
T he s e  c om p o n en t s  a re  c o m mo n l y  o pe r a t e d  i n  a  c l o s e d - l o o p  me c h a n i s m  t o  r e g i s t e r  t h e  
Highlight and po s i t i o n  fe e d b ac k  a nd  c o n t ro l  t h e  r o t a t i o n a l  s pe e d  o f  t h e  m a c h i ne r y .  
T he s e  m o t o r s  a n d  d r i v es  a re  e m p l oy e d  a s  a n  a mp l i f i e r  t o  c o n t ro l  t h e  a m ou n t  o f  cu r r e n t  
Description t ha t  i s  b e i n g  t r a ns f e r re d  t o  t he  m o t o r .  T h e y  a r e  a l s o  w i d e l y  u t i l i ze d  f o r  m i n i m i z i n g  e r r o r s ,  i n co r p o r a t i n g  p r e c i se  d i m en s i o n a l  t o l e ra n c e ,  o f f e r i n g  ad v a n c e d  de s i g n  m e t h o d s ,  
an d  r e d u c i n g  t h e  o ve r a l l  c o s t  o f  m a nu f a c t u r i n g .  C on s e q u en t l y ,  t h ey  a r e  u se d  a c ro s s  t he  
he a l t h c a re ,  a u t o m o t i v e ,  s e m i co n d u c t o r  an d  e l e c t r on i c s ,  a n d  c h em i c a l s  a n d  
pe t r o c he m i c a l s  i n d u s t r i e s  f o r  v a s t  a p p l i c a t i o n  se g m e n t s .
R eq u e s t  f o r  a  P D F  sa m p l e  o f  t h i s  re p o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / se r v o - mo t o r s -d r i v e s - m a rk e t / r eq u e s ts a m p l e
Report Description
G lo b a l  S e r v o  M o t o r s  a n d  D r i v e s  M a r k e t  T r e n d s :
T h e  g l o b a l  m a r k e t  i s  p r i m a r i l y  d r i v e n  b y  t h e  g r o w i n g  a u t o m a t i o n  a c r o s s  v a r i o u s  i n d u s t r i a l  p r o c e s s e s  t o  a c h i e v e  h i g h  p r o d u c t i o n  
o u t p u t s  w i t h  r e d u c e d  l a b o r  c o s t s  a n d  p r o d u c t i o n  w a s t a g e s .  T h i s  h a s  l e d  t o  t h e  r i s i n g  d e p l o y m e n t  o f  s e r v o  m o t o r s  a n d  d r i v e s  
a c r o s s  t h e  i n d u s t r i a l  s e c t o r ,  t h e r e b y  p r o v i d i n g  a  t h r u s t  t o  t h e  m a r k e t  g r o w t h .  A l o n g  w i t h  t h i s ,  t h e  a d v e n t  o f  i n d u s t r y  4 . 0  i s  
e x p e c te d  t o  c r e a t e  n u m e r o u s  g r o w t h  o p p o r t u n i t i e s  i n  t h e  m a r k e t .  T h e  r i s i n g  i n t e g r a t i o n  o f  i n d u s t r y  4 . 0  t e c h n o l o g y  w i t h  e x i s t i n g  
p r o c e s s e s  a i d s  i n  o p t i m i z i n g  a l l  t h e  a s p e c t s  o f  m a n u fa c t u r i n g  p r o c e s s e s  a n d  s u p p l y  c h a i n .  I t  p r o v i d e s  t h e  p l a y e r s  w i t h  r e a l - t i m e  
d a t a  a n d  i n s i g h t s  t h a t  a r e  e x p e c t e d  t o  b o o s t  t h e  e f f i c i e n c y  a n d  o v e r a l l  p r o f i t a b i l i t y  o f  t h e i r  o p e r a t i o n .  
T h i s  h a s  e n a b l e d  n u m e r o u s  p l a y e r s  t o  r e p l a c e  c o n v e n t i o n a l  m o t o r s  w i t h  s e r v o  m o to r s  a n d  d r i v e s  i n  a n  a t t e m p t  t o  s t r e a m l i n e  
b u s i n e s s  o p e r a t i o n s  a n d  i m p r o v e  p r o d u c t i o n .  F u r t h e r m o r e ,  s e v e r a l  p l a y e r s  a r e  n o w  e m p l o y i n g  i n d u s t r i a l  r o b o t s  f o r  n u m e r o u s  
a p p l i c a t i o n s ,  i n c l u d i n g  a s s e m b l y ,  p i c k - u p  a n d  m a n u f a c t u r i n g  a p p l i c a t i o n s ,  a c r o s s  d i v e r s e  i n d u s t r y  v e r t i c a l s .  T h e y  a r e  f u r t h e r  
u t i l i z i n g  i r o n  a l l o y s  t o  m a k e  l i g h tw e i g h t  g e a r  s y s t e m s  f o r  s e r v o  m o to r s  t h a t  c a n  b e  u s e d  i n  r e m o t e l y  a s s i s t e d  p r o d u c t s ,  s u c h  a s  
d r o n e s  a n d  s m a l l - s i z e d  r o b o t s .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  e x p e c t e d  t o  g r o w  a t  a  C A G R  o f  4 . 1 %  d u r in g  2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / s e r v o - m o t o r s - d r i v e s - m a r k e t
Breakup by Product Type:
• Servo Motors
• Servo Dr ives
 
Breakup by Voltage Range:
• Low Voltage
• Medium and High Voltage
Report 
Breakup by System:
Segmentation • Linear System
• Rotary System
Breakup by Communication Protocol:
• Fie ldbus
• Industr ia l  Ethernet
• Wireless
Breakup by End Use Industry:
• Machine Tools
• Packaging
• Robot ics
• Semiconductors
• Electronics
• Rubber and P las t ics
Report • Others
Segmentation
Breakup by Region:
• North Amer ica
• Europe
• Asia-Pacifi c
• Lat in Amer ica
• Middle  East  and Afr ica
• ABB Ltd.
• Bosch Rexroth AG
• Delta Electronics, Inc.
Competitive • Emerson Electric Co.
Landscape • Fanuc Corporation     
• Mitsubishi  Electr ic Corporation
with Key • Nidec Corporation
Players • Rockwel l  Automation Inc.
• Schneider Electr ic SE
• Siemens AG
• Yaskawa Electric Corporation
What was the size of the global servo motors and 
drives market in 2023?
What is the expected growth rate of the global 
servo motors and drives market during 2024-2032?
Key What are the key factors driving the global servo 
motors and drives market?
Questions 
Answered in What has been the impact of COVID-19 on the global servo motors and drives market?
the Report
What is the breakup of the global servo motors and 
drives market based on the product type?
What is the breakup of the global servo motors and 
drives market based on the voltage range?
What is the breakup of the global servo motors and 
drives market based on the system?
What is the breakup of the global servo motors and 
drives market based on the communication 
protocol?
What is the breakup of the global servo motors and 
drives market based on the end use industry?
Key 
What are the key regions in the global servo 
Questions motors and drives market?
Answered in Who are the key players/companies in the global 
servo motors and drives market?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
    4 . 2     K e y  I n d u s t r y  T r e n d s
Contents 5     G l o b a l  S e r v o  M o t o r s  a n d  D r i v e s  M a r k e t    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     S e r v o  M o t o r s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  B r e a k u p  b y  T y p e
        6 . 1 . 3  M a r k e t  F o r e c a s t
    6 . 2     S e r v o  D r i v e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  B r e a k u p  b y  T y p e
        6 . 2 . 3  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  V o l t a g e  R a n g e
    7 . 1     L o w  V o l t a g e
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     M e d i u m  a n d  H i g h  V o l t a g e
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  S y s t e m
    8 . 1     L i n e a r  S y s t e m
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     R o t a r y  S y s t e m
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  C o m m u n i c a t i o n  P r o t o c o l
Table of     9 . 1     F i e l d b u s        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     I n d u s t r i a l  E t h e r n e t
Contents         9 . 2 . 1  M a r k e t  T r e n d s        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     W i r e l e s s
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
1 0   M a r k e t  B r e a k u p  b y  E n d  U s e  I n d u s t r y
    1 0 . 1     M a c h i n e  T o o l s
        1 0 . 1 . 1  M a r k e t  T r e n d s
        1 0 . 1 . 2  M a r k e t  F o r e c a s t
    1 0 . 2     P a c k a g i n g  
        1 0 . 2 . 1  M a r k e t  T r e n d s
        1 0 . 2 . 2  M a r k e t  F o r e c a s t
    1 0 . 3     R o b o t i c s
        1 0 . 3 . 1  M a r k e t  T r e n d s
        1 0 . 3 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / s e r v o - m o t o r s - d r i v e s - m a r ke t / t o c
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