DC Servo Motors and Drives Market size is evaluated at USD 4.9 billion in 2024 and is anticipated to reach USD 10.4 billion by the end of 2037, growing at around 6.5% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of DC servo motors and drives is assessed at USD 5.2 billion.
The DC servo motors and drives market is expanding due to the increased automation in energy-intensive industries and the development of improved products and technologies to adapt to changing user needs. Globally, about 74% of energy and utility organizations have adopted or are considering implementing artificial intelligence (AI) and automation in their operations. In the energy sector, automation dramatically boosts production and operational efficiency while providing businesses more control. Energy firms can streamline operations, decrease manual intervention, and minimize errors by automating regular tasks and procedures.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
6.5% |
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Base Year Market Size (2024) |
USD 4.9 billion |
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Forecast Year Market Size (2037) |
USD 10.4 billion |
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Regional Scope |
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Category (Digital, Analog)
Analog segment is anticipated to capture DC servo motors and drives market share of around 56.7% by the end of 2037. The segment’s growth can be attributed to the increasing automation in the manufacturing sector, driven by the necessity for precise control and reliability in applications such as robotics, CNC machines, and conveyor systems. Technological advancements, including improved performance and cost efficiency, are hastening the adoption of these systems across various applications, including aerospace and automotive, due to their requirement for high-precision and high-speed operations.
For instance, in 2022, Baumuller launched the new generation of b maXX 6000 servo controllers for optimum scalability and increased performance. The improved performance is ensured by recently developed safety features that reduce machine cycle times. However, the servo drive is capable of much more; it may be utilized as a sensor or sensor hub and provides cloud-based IoT connectivity that is expandable, for example, through an edge PC.
Application (Oil & Gas, Metal Cutting & Forming, Material Handling Equipment, Packaging and Labeling Machinery, Robotics, Medical Robotics, Rubber & Plastics Machinery, Warehousing, Automation, Extreme Environment Applications, Semiconductor Machinery, AGV, Electronics)
The metal cutting & forming segment in DC servo motors and drives market is poised to garner a notable share in the forecast period. The necessity for precision in metal cutting is driving up demand for modern technical machinery across multiple industries, including iron and steel. This has resulted in an acceleration in product demand. The precision of these units in motion control and speed, as well as their capacity to optimize industrial operations, will significantly impact the business environment. Moreover, the expansion of advanced manufacturing facilities and processes, coupled with the increasing adoption of these units to enhance output, flexibility, and production quality, will continue to shape the dynamics of the industry.
Our in-depth analysis of the DC servo motors and drives market includes the following segments:
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Category |
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Application |
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APAC Market Statistics
By 2037, Asia Pacific DC servo motors and drives market is projected to account for around 43.2% revenue share. The market is growing in the region owing to the rapidly expanding population, thriving investments in energy-intensive industries, and a growing emphasis on improving motor control due to the increasing energy demand. According to the Climate Group, the region, which is home to more than half of the world's population, has grown to be a major economic force. By 2040, energy demand in some of these regions is expected to rise by as much as 80%.
The DC servo motors and drives market is expanding in China due to the increased focus on industrial automation across several industries. The International Federation of Robots stated that China has emerged as the world leader in automation. Industrial robot sales rose by 15-20% annually on average between 2018 and 2020. Furthermore, the industry outlook will be positively impacted by strict laws aimed at increasing energy consumption and efficiency and by the expansion of robots and industrial automation across various industries.
In India, there is a growing momentum in the industrial automation sector toward smart manufacturing and Industry 4.0. For instance, SAMARTH Udyog Bharat 4.0 is an Industry 4.0 effort of the Ministry of Heavy Industry & Public Enterprises, a program on the Enhancement of Competitiveness in the Indian Capital Goods Sector. This is accompanied by a rising demand for dependable and effective motor control solutions in energy-intensive industries, which will complement the industry landscape.
Europe Market Analysis
The DC servo motors and drives market will witness huge growth in Europe during the forecast period. The market is growing due to the increasing energy demand, the rise in production and development operations (particularly hydraulic fracturing), the decrease in reliance on coal reserves, and initiatives to promote renewable energy sources that includes solar and wind power. For instance, by 2050, the EU wants to achieve carbon neutrality through the European Carbon Law. A 32% binding minimum target for the proportion of renewable energy in the EU's gross final energy consumption by 2030 is also included in the amended Renewable Energy Directive. Also, in the UK, the increased automation in energy-intensive industries and the development of improved products and technologies to adapt to changing user needs will drive market growth.
Moreover, Germany serves as a manufacturing base for various products in numerous end use industries, including electronics, and the increasing demand for these products will support the adoption of these drives. Also, major businesses in the nation will invest heavily in manufacturing technology, accelerating market growth. According to the International Trade Administration, 84% of German businesses intend to invest USD 10.52 billion a year by 2025 in smart manufacturing technology, with the automobile sector accounting for approximately half of this amount.
Many manufacturers are vying for market dominance in the fiercely competitive market for DC servo motors and drives due to growing demand and increased technological usage. To keep up with rivals in the industry, the number of well-known companies has increased.
Author Credits: Abhishek Verma
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