DC Servo Motors and Drives Market Analysis

  • Report ID: 6547
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

DC Servo Motors and Drives Market Analysis

 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:

Category

  • Digital
  • Analog

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 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 6547
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of DC servo motors and drives was over USD 4.9 billion.

The market size for DC servo motors and drives is projected to cross USD 10.4 billion by the end of 2037 expanding at a CAGR of 6.5% during the forecast period i.e., between 2025-2037.

The major players in the market are Allient Inc., Applied Motion Products, Inc., AXOR IND. S.a.s, Bosch Rexroth Corporation, Ingenia Cat S.L.U., JVL A/S, Kollmorgen, Leadshine, Shenzhen Jiayu Mechatronic Co., Ltd., Siemens AG, and others.

The analog segment is anticipated to garner a share of 56.7% during 2025-2037.

The Asia Pacific DC servo motors and drives sector is poised to hold a 43.2% share by the end of 2037.
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