Product Code: GVR-2-68038-708-7
Servo Motor Market Growth & Trends:
The global servo motor market size is expected to reach USD 20.13 billion in 2030 and is projected to grow at a CAGR of 6.9% from 2025 to 2030 Servo motors help reduce operating time and save costs of inventory processes and manufacturing. Development of efficient and advanced automation technologies, easy integration and use of motion control components in motors, and increased adoption of energy-efficient international standards are prime growth drivers of the market. Rising demand for energy-efficient motors has resulted in a shift from standard energy-efficient electric motors to premium ones. This shift in trend is directly contributing to rising demand for servo motors as well revenue growth of motor manufacturers.
Technological advancements in the servo motors market have been focused on reducing the weight and size of motors and increasing the torque. The latter has been achieved with the use of rare earth magnets. Suppliers such as GE Fanuc have introduced motors offering a high and continuous torque rating for use in applications such as injection molding. Additionally, Yaskawa Electric Corporation is focusing on winding techniques and improvements in high-energy product magnet materials. To keep prices stable, production techniques are becoming increasingly important. Just-in-time manufacturing is being widely used and production of servo motors is itself automated.
The market environment has become favorable for advanced technologies with users increasingly investing in designs that offer greater performance and reliability as well as higher efficiency. Greater customer confidence and understanding of these benefits has boosted demand for servo motors. Additionally, manufacturers are focusing on value-added and improved profitability as a means to maintain their competitiveness. This has led customers investing large amounts in newer and more advanced technologies such as servo motors.
Factors such as volatile prices and availability of raw materials, easy availability of substitute motors, and complex manufacturing processes are key restraints to market growth. However, declining prices of and increasing demand for servo motors are expected to lead to steady market growth.
Servo Motor Market Report Highlights:
- The servo motor market is anticipated to register a CAGR of 6.9%. Growth can be attributed to increasing focus on construction activities and infrastructure development, thus necessitating the replacement of old motors with new energy-efficient ones
- DC motors are commonly used in automotive, metal processing, and HVAC industries as they help manufacturers in efficiently utilizing energy and meeting rising demand for cost optimization
- The flourishing automotive industry and advantages offered by these devices such as reduced size, high accuracy and speed, higher torque, and lightweight machines are driving the market across the automotive sector
- Servo motors are also used for automation in industrial processes, resulting in fewer errors, high throughput, lower manpower requirement, and reduced cost
- Asia Pacific is expected to witness the highest and fastest growth over the forecast period. Factors such as positive economic outlook, growing manufacturing industries, and increasing production and sales of electric vehicles are expected to drive demand in this region
- Companies are focusing on expanding their market presence through mergers and acquisitions and are increasingly investing in research and development activities to improve their product offerings.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Servo Motor Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.2. Market Restraints Analysis
- 3.2.3. Industry Challenge
- 3.3. Servo Motors Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
Chapter 4. Servo Motor Market: Motor Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Servo Motors Market: Motor Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. AC Motor
- 4.3.1. AC Servo Motors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. DC Motor
- 4.4.1. DC Servo Motors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Servo Motor Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Servo Motors Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Industrial Machinery
- 5.3.1. Industrial Machinery Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Motor Vehicles
- 5.4.1. Motor Vehicles Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. HVAC Equipment
- 5.5.1. HVAC Equipment Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Aerospace & Transportation
- 5.6.1. Aerospace & Transportation Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Household Appliances
- 5.7.1. Household Appliances Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Others
- 5.8.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Servo Motor Market: Region Estimates & Trend Analysis
- 6.1. Servo Motors Market Share, By Region, 2024 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. India
- 6.4.3.1. India Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. Japan
- 6.4.4.1. Japan Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. MEA
- 6.6.1. MEA Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. KSA
- 6.6.2.1. KSA Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. UAE
- 6.6.3.1. UAE Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Servo Motors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. ABB
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Allied Motion, Inc.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. AMETEK
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. General Electric Company
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. NIDEC CORPORATION
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Rockwell Automation Inc.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. Schneider Electric
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Siemens AG
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. WEG
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives