DC Servo Motors and Drives Market Size

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.