$4450
$3560
The servo drives market size is projected to reach US$ 9.28 billion by 2031 from US$ 6.34 billion in 2024. The market is expected to register a CAGR of 5.8% during 2025–2031. The rising popularity of advanced feedback systems is likely to bring new trends into the market in the coming years.
Servo Drives Market Analysis
A servo drive is an essential electronic device that receives command signals from a controller and dynamically adjusts or amplifies them to supply the precise voltage and current necessary to achieve the desired motor motion. By regulating the current, these drives generate the required torque, while varying voltage and current levels enable them to control position and speed, along with torque. Functioning as the nervous system of the servo mechanism, servo drives communicate detailed instructions to motors regarding actions required, and how and when to execute them. This continuous process of receiving feedback and responding accordingly establishes a closed-loop control system, which is critical for maintaining real-time coordination between components in CNC machinery and other automated systems. As a result, a servo drive is a vital component, and any malfunction can lead to failure or inaccuracies in the entire machine operation. Through real-time adjustments based on constant feedback, servo drives ensure precise, reliable, and predictable motor movement—controlling speed, direction, and operation alongside enabling the high level of accuracy required in modern automated and industrial applications.
Servo Drives Market Overview
Factors such as an increase in demand for automation and industrial robotics, and advancements in technology bolster the servo drives market. Moreover, expansion of the packaging industry and growth in EV production generate growth opportunities in the market. The rising popularity of advanced feedback systems is one of the key trends in the market. However, complex setup and tuning, and high initial costs and maintenance requirements hamper the servo drives market growth.
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Servo Drives Market: Strategic Insights
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Servo Drives Market: Strategic Insights
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Servo Drives Market Drivers and Opportunities
Advancements in Technology
Ongoing technological innovations are playing a pivotal role in propelling the servo drives market forward. Manufacturers are continuously enhancing servo drive systems with features that improve performance, flexibility, and cost-effectiveness. One of the most significant areas of advancement is energy efficiency. As industries face burgeoning pressure to reduce energy consumption and meet sustainability targets, modern servo drives are being designed with regenerative braking capabilities and optimized power usage, allowing for lower operational costs and reduced environmental impact. In addition, miniaturization and compact design trends are reshaping how servo drives are integrated into machinery. With a significant emphasis on optimal space utilization, smaller and lighter servo drives are being designed without compromising performance—especially for their application in robotics, semiconductor equipment, and compact automation solutions. This facilitates more flexible and efficient system designs, particularly in applications such as cobots, mobile platforms, and medical devices.
Recent innovations by industry leaders exemplify the technological advancements benefitting the servo drives market. On May 6, 2025, ECM PCB Stator Tech, a US-based electric motor design software firm, unveiled a cutting-edge servo motor featuring an integrated 50:1 gear ratio harmonic drive engineered to deliver exceptional torque density, precision, and compactness. Similarly, in July 2023, MACCON introduced its ultra-compact NANO series of servo drives designed to operate at low voltages while handling high motor phase currents. These drives are characterized by their high power density and efficient heat dissipation, facilitating seamless integration into autonomous driverless transport systems (AGVs), autonomous mobile robots (AMRs), robotic joints, and mobile medical technology applications. This level of compactness and performance addresses the growing demand for precise speed and position control in space-constrained environments, reinforcing the market’s shift toward miniaturized, energy-efficient, and highly capable servo drive solutions. Such innovations underscore the continuous enhancement of servo drive technology, supporting the broader trend of Industry 4.0 and smart automation across diverse sectors.
Expansion of Packaging Industry
The global packaging industry is experiencing rapid growth driven by increasing consumer demand, e-commerce proliferation, and rising sustainable and innovative packaging needs. This expansion presents a significant opportunity for the servo drives market, as modern packaging machinery relies heavily on precise and flexible motion control systems to meet the high-speed, accuracy, and customization requirements of packaging processes. Servo drives are integral to various packaging applications, including filling, labeling, sealing, sorting, and palletizing, where they provide the accurate control of speed, position, and torque necessary to maintain product quality and minimize waste. As packaging lines evolve to accommodate a broader range of product sizes and shapes, servo drives enable quick changeovers and enhanced adaptability without compromising efficiency. Further, with increasing automation in packaging facilities, servo drives will be instrumental to enabling synchronized multi-axis movements essential for complex packaging tasks, in turn, improving throughput and reducing downtime.
Significant investments and expansions within the packaging industry in recent times underscore the mounting demand for advanced automation technologies. For example, in January 2025, Eagle Flexible Packaging announced plans to build a new US$ 5 million, 52,000-square-foot facility in Waupun Industrial Park. Similarly, Genpak LLC, a leading food service packaging manufacturer, committed nearly US$ 7 million to expand its plant in Scottsburg, Indiana, in the same month. Further, the Governor of Luzerne County announced a US$ 1.5 million investment from the Commonwealth to support REV Copack’s expansion, wherein the company is investing US$ 3.1 million to more than double its manufacturing capacity. In February 2025, Serioplast SpA, a rigid plastic packaging manufacturer, revealed plans to invest US$ 25.7 million to establish a 140,000-square-foot industrial facility in Shenandoah County, Virginia. These expansions indicate robust growth in the packaging sector, directly driving the demand for precise motion control solutions such as servo drives, which are essential to meet the industry’s requirements for efficiency, speed, and accuracy in automated packaging operations.
Servo Drives Market Report Segmentation Analysis
Key segments that contributed to the derivation of the servo drives market analysis are drive, category, voltage, and application.
- The servo drives market, by drive, is segmented into AC and DC. The AC segment held a larger share of the market in 2024.
- The servo drives market, by category, is segmented into digital and analog. The digital segment accounted for a larger market share in 2024.
- The servo drives market, by voltage, is segmented into low, medium, and high. The low-voltage segment held the largest share of the market in 2024.
- The servo drives market, by application, is segmented into semiconductor and electronics, automotive, packaging, oil and gas, metal and mining, pharmaceutical and healthcare, and others. The semiconductor and electronics segment held the largest share of the market in 2024.
Servo Drives Market Share Analysis by Geography
The geographic scope of the servo drives market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East and Africa, and South and Central America. North America held a significant market share in 2024. The market in North America is primarily driven by accelerated automation across various sectors, including automotive, aerospace, food and beverage, and consumer electronics. With a prime aim to improve operational efficiencies and reduce labor costs, companies in this region increasingly invest in automated machinery that relies heavily on precise motion control. Thus, surging investments in smart factories and the integration of AI and IoT into manufacturing are fueling demand for high-performance and energy-efficient servo drives capable of supporting real-time data feedback and remote diagnostics. The presence of leading automation companies and technology developers in the US and Canada further propels the adoption of advanced servo drive systems. Regulatory support for energy-efficient systems and increased awareness about predictive maintenance also contribute to the upward trajectory of the servo drives market in North American countries.
In March 2025, Hyundai marked a significant milestone with the inauguration of its new US$ 7.6 billion EV manufacturing facility in Georgia, simultaneously unveiling plans to expand its production capacity by two-thirds to reach an annual output of 500,000 vehicles. This strategic investment underscores the accelerating momentum of EV manufacturing in North America. As EV production demands precise, high-speed automation and motion control across assembly lines, battery systems, and robotics, the increased scale of operations results in a substantial demand for advanced servo drives, which are essential for ensuring the accuracy, efficiency, and reliability required in modern automotive manufacturing processes.
Servo Drives Market Report Scope
Servo Drives Market News and Recent Developments
The servo drives market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Beckhoff has developed two new drive series—the AX1000 economy servo drives and the AF1000 economy variable frequency drive—on a shared platform, incorporating a host of innovative ideas. These new additions perfectly complement its existing portfolio, particularly by expanding coverage for cost-sensitive applications. The development focused heavily on ensuring high-cost efficiency and minimizing complexity. (Source: Beckhoff, Press Release, March 2025)
- Siemens announced signing an agreement to acquire Altair Engineering, a leading software provider in the industrial simulation and analytics market. This move strengthens Siemens’ position as a leading technology company and its leadership in the industrial software field. By combining Altair’s capabilities in simulation, high-performance computing, data science, and artificial intelligence with Siemens Xcelerator, Siemens AG expects to create the world’s most comprehensive AI-driven design and simulation product portfolio. (Source: Siemens, Press Release, November 2024)
Servo Drives Market Report Coverage and Deliverables
The "Servo Drives Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Servo drives market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Servo drives market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Servo drives market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the servo drives market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The market is expected to reach a value of US$ 9.28 billion by 2031.
The market is anticipated to expand at a CAGR of 5.8% during 2025-2031.
Increase in demand for automation and industrial robotics, and advancements in technology are driving the market growth.
ABB, Hitachi, Ltd., Bosch Rexroth Corporation, Schneider Electric, and Siemens AG are major players in the market.
Increase in demand for automation and industrial robotics, and advancements in technology are driving the market growth.
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Analyst Market Outlook
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
3.3 Assumptions and Limitations
4. Servo Drive Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
5. Servo Drive Market – Key Market Dynamics
5.1 Servo Drive Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Surge in Demand for Automation and Industrial Robots
5.2.2 Advancements in Technology
5.3 Market Restraints
5.3.1 Complex Setup and Tuning
5.3.2 High Initial Costs and Maintenance Requirements
5.4 Market Opportunities
5.4.1 Expansion of Packaging Industry
5.4.2 Surge in Electric Vehicle Production
5.5 Future Trends
5.5.1 Rising Popularity of Advanced Feedback Systems
5.6 Impact of Drivers and Restraints:
6. Servo Drive Market – Global Market Analysis
6.1 Servo Drive Market Revenue (US$ Million), 2021–2031
6.2 Servo Drive Market Forecast Analysis
7. Servo Drive Market Analysis – by Drive
7.1 AC
7.1.1 Overview
7.1.2 AC: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
7.2 DC
7.2.1 Overview
7.2.2 DC: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
8. Servo Drive Market Analysis – by Category
8.1 Digital
8.1.1 Overview
8.1.2 Digital: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Analog
8.2.1 Overview
8.2.2 Analog: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
9. Servo Drive Market Analysis – by Voltage
9.1 Low
9.1.1 Overview
9.1.2 Low: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Medium
9.2.1 Overview
9.2.2 Medium: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
9.3 High
9.3.1 Overview
9.3.2 High: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10. Servo Drive Market Analysis – by Application
10.1 Semiconductor and Electronics
10.1.1 Overview
10.1.2 Semiconductor and Electronics: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10.2 Automotive
10.2.1 Overview
10.2.2 Automotive: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Packaging
10.3.1 Overview
10.3.2 Packaging: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10.4 Oil and Gas
10.4.1 Overview
10.4.2 Oil and Gas: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10.5 Metal and Mining
10.5.1 Overview
10.5.2 Metal and Mining: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10.6 Pharmaceutical and Healthcare
10.6.1 Overview
10.6.2 Pharmaceutical and Healthcare: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
11. Servo Drive Market – Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America Servo Drive Market Overview
11.2.2 North America: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
11.2.3 North America: Servo Drive Market Breakdown, by Drive
11.2.3.1 North America: Servo Drive Market – Revenue and Forecast Analysis – by Drive
11.2.4 North America: Servo Drive Market Breakdown, by Category
11.2.4.1 North America: Servo Drive Market – Revenue and Forecast Analysis – by Category
11.2.5 North America: Servo Drive Market Breakdown, by Voltage
11.2.5.1 North America: Servo Drive Market – Revenue and Forecast Analysis – by Voltage
11.2.6 North America: Servo Drive Market Breakdown, by Application
11.2.6.1 North America: Servo Drive Market – Revenue and Forecast Analysis – by Application
11.2.7 North America: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.2.7.1 North America: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.2.7.2 United States: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.2.7.2.1 United States: Servo Drive Market Breakdown, by Drive
11.2.7.2.2 United States: Servo Drive Market Breakdown, by Category
11.2.7.2.3 United States: Servo Drive Market Breakdown, by Voltage
11.2.7.2.4 United States: Servo Drive Market Breakdown, by Application
11.2.7.3 Canada: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.2.7.3.1 Canada: Servo Drive Market Breakdown, by Drive
11.2.7.3.2 Canada: Servo Drive Market Breakdown, by Category
11.2.7.3.3 Canada: Servo Drive Market Breakdown, by Voltage
11.2.7.3.4 Canada: Servo Drive Market Breakdown, by Application
11.2.7.4 Mexico: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.2.7.4.1 Mexico: Servo Drive Market Breakdown, by Drive
11.2.7.4.2 Mexico: Servo Drive Market Breakdown, by Category
11.2.7.4.3 Mexico: Servo Drive Market Breakdown, by Voltage
11.2.7.4.4 Mexico: Servo Drive Market Breakdown, by Application
11.3 Europe
11.3.1 Europe Servo Drive Market Overview
11.3.2 Europe: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
11.3.3 Europe: Servo Drive Market Breakdown, by Drive
11.3.3.1 Europe: Servo Drive Market – Revenue and Forecast Analysis – by Drive
11.3.4 Europe: Servo Drive Market Breakdown, by Category
11.3.4.1 Europe: Servo Drive Market – Revenue and Forecast Analysis – by Category
11.3.5 Europe: Servo Drive Market Breakdown, by Voltage
11.3.5.1 Europe: Servo Drive Market – Revenue and Forecast Analysis – by Voltage
11.3.6 Europe: Servo Drive Market Breakdown, by Application
11.3.6.1 Europe: Servo Drive Market – Revenue and Forecast Analysis – by Application
11.3.7 Europe: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.3.7.1 Europe: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.3.7.2 Germany: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.3.7.2.1 Germany: Servo Drive Market Breakdown, by Drive
11.3.7.2.2 Germany: Servo Drive Market Breakdown, by Category
11.3.7.2.3 Germany: Servo Drive Market Breakdown, by Voltage
11.3.7.2.4 Germany: Servo Drive Market Breakdown, by Application
11.3.7.3 United Kingdom: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.3.7.3.1 United Kingdom: Servo Drive Market Breakdown, by Drive
11.3.7.3.2 United Kingdom: Servo Drive Market Breakdown, by Category
11.3.7.3.3 United Kingdom: Servo Drive Market Breakdown, by Voltage
11.3.7.3.4 United Kingdom: Servo Drive Market Breakdown, by Application
11.3.7.4 Italy: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.3.7.4.1 Italy: Servo Drive Market Breakdown, by Drive
11.3.7.4.2 Italy: Servo Drive Market Breakdown, by Category
11.3.7.4.3 Italy: Servo Drive Market Breakdown, by Voltage
11.3.7.4.4 Italy: Servo Drive Market Breakdown, by Application
11.3.7.5 France: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.3.7.5.1 France: Servo Drive Market Breakdown, by Drive
11.3.7.5.2 France: Servo Drive Market Breakdown, by Category
11.3.7.5.3 France: Servo Drive Market Breakdown, by Voltage
11.3.7.5.4 France: Servo Drive Market Breakdown, by Application
11.3.7.6 Russia: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.3.7.6.1 Russia: Servo Drive Market Breakdown, by Drive
11.3.7.6.2 Russia: Servo Drive Market Breakdown, by Category
11.3.7.6.3 Russia: Servo Drive Market Breakdown, by Voltage
11.3.7.6.4 Russia: Servo Drive Market Breakdown, by Application
11.3.7.7 Rest of Europe: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.3.7.7.1 Rest of Europe: Servo Drive Market Breakdown, by Drive
11.3.7.7.2 Rest of Europe: Servo Drive Market Breakdown, by Category
11.3.7.7.3 Rest of Europe: Servo Drive Market Breakdown, by Voltage
11.3.7.7.4 Rest of Europe: Servo Drive Market Breakdown, by Application
11.4 Asia Pacific
11.4.1 Asia Pacific Servo Drive Market Overview
11.4.2 Asia Pacific: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
11.4.3 Asia Pacific: Servo Drive Market Breakdown, by Drive
11.4.3.1 Asia Pacific: Servo Drive Market – Revenue and Forecast Analysis – by Drive
11.4.4 Asia Pacific: Servo Drive Market Breakdown, by Category
11.4.4.1 Asia Pacific: Servo Drive Market – Revenue and Forecast Analysis – by Category
11.4.5 Asia Pacific: Servo Drive Market Breakdown, by Voltage
11.4.5.1 Asia Pacific: Servo Drive Market – Revenue and Forecast Analysis – by Voltage
11.4.6 Asia Pacific: Servo Drive Market Breakdown, by Application
11.4.6.1 Asia Pacific: Servo Drive Market – Revenue and Forecast Analysis – by Application
11.4.7 Asia Pacific: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.4.7.1 Asia Pacific: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.4.7.2 China: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.4.7.2.1 China: Servo Drive Market Breakdown, by Drive
11.4.7.2.2 China: Servo Drive Market Breakdown, by Category
11.4.7.2.3 China: Servo Drive Market Breakdown, by Voltage
11.4.7.2.4 China: Servo Drive Market Breakdown, by Application
11.4.7.3 Japan: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.4.7.3.1 Japan: Servo Drive Market Breakdown, by Drive
11.4.7.3.2 Japan: Servo Drive Market Breakdown, by Category
11.4.7.3.3 Japan: Servo Drive Market Breakdown, by Voltage
11.4.7.3.4 Japan: Servo Drive Market Breakdown, by Application
11.4.7.4 South Korea: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.4.7.4.1 South Korea: Servo Drive Market Breakdown, by Drive
11.4.7.4.2 South Korea: Servo Drive Market Breakdown, by Category
11.4.7.4.3 South Korea: Servo Drive Market Breakdown, by Voltage
11.4.7.4.4 South Korea: Servo Drive Market Breakdown, by Application
11.4.7.5 India: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.4.7.5.1 India: Servo Drive Market Breakdown, by Drive
11.4.7.5.2 India: Servo Drive Market Breakdown, by Category
11.4.7.5.3 India: Servo Drive Market Breakdown, by Voltage
11.4.7.5.4 India: Servo Drive Market Breakdown, by Application
11.4.7.6 Australia: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.4.7.6.1 Australia: Servo Drive Market Breakdown, by Drive
11.4.7.6.2 Australia: Servo Drive Market Breakdown, by Category
11.4.7.6.3 Australia: Servo Drive Market Breakdown, by Voltage
11.4.7.6.4 Australia: Servo Drive Market Breakdown, by Application
11.4.7.7 Rest of APAC: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.4.7.7.1 Rest of APAC: Servo Drive Market Breakdown, by Drive
11.4.7.7.2 Rest of APAC: Servo Drive Market Breakdown, by Category
11.4.7.7.3 Rest of APAC: Servo Drive Market Breakdown, by Voltage
11.4.7.7.4 Rest of APAC: Servo Drive Market Breakdown, by Application
11.5 Middle East and Africa
11.5.1 Middle East and Africa Servo Drive Market Overview
11.5.2 Middle East and Africa: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
11.5.3 Middle East and Africa: Servo Drive Market Breakdown, by Drive
11.5.3.1 Middle East and Africa: Servo Drive Market – Revenue and Forecast Analysis – by Drive
11.5.4 Middle East and Africa: Servo Drive Market Breakdown, by Category
11.5.4.1 Middle East and Africa: Servo Drive Market – Revenue and Forecast Analysis – by Category
11.5.5 Middle East and Africa: Servo Drive Market Breakdown, by Voltage
11.5.5.1 Middle East and Africa: Servo Drive Market – Revenue and Forecast Analysis – by Voltage
11.5.6 Middle East and Africa: Servo Drive Market Breakdown, by Application
11.5.6.1 Middle East and Africa: Servo Drive Market – Revenue and Forecast Analysis – by Application
11.5.7 Middle East and Africa: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.5.7.1 Middle East and Africa: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.5.7.2 United Arab Emirates: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.5.7.2.1 United Arab Emirates: Servo Drive Market Breakdown, by Drive
11.5.7.2.2 United Arab Emirates: Servo Drive Market Breakdown, by Category
11.5.7.2.3 United Arab Emirates: Servo Drive Market Breakdown, by Voltage
11.5.7.2.4 United Arab Emirates: Servo Drive Market Breakdown, by Application
11.5.7.3 Saudi Arabia: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.5.7.3.1 Saudi Arabia: Servo Drive Market Breakdown, by Drive
11.5.7.3.2 Saudi Arabia: Servo Drive Market Breakdown, by Category
11.5.7.3.3 Saudi Arabia: Servo Drive Market Breakdown, by Voltage
11.5.7.3.4 Saudi Arabia: Servo Drive Market Breakdown, by Application
11.5.7.4 South Africa: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.5.7.4.1 South Africa: Servo Drive Market Breakdown, by Drive
11.5.7.4.2 South Africa: Servo Drive Market Breakdown, by Category
11.5.7.4.3 South Africa: Servo Drive Market Breakdown, by Voltage
11.5.7.4.4 South Africa: Servo Drive Market Breakdown, by Application
11.5.7.5 Rest of Middle East and Africa: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.5.7.5.1 Rest of Middle East and Africa: Servo Drive Market Breakdown, by Drive
11.5.7.5.2 Rest of Middle East and Africa: Servo Drive Market Breakdown, by Category
11.5.7.5.3 Rest of Middle East and Africa: Servo Drive Market Breakdown, by Voltage
11.5.7.5.4 Rest of Middle East and Africa: Servo Drive Market Breakdown, by Application
11.6 South and Central America
11.6.1 South and Central America Servo Drive Market Overview
11.6.2 South and Central America: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
11.6.3 South and Central America: Servo Drive Market Breakdown, by Drive
11.6.3.1 South and Central America: Servo Drive Market – Revenue and Forecast Analysis – by Drive
11.6.4 South and Central America: Servo Drive Market Breakdown, by Category
11.6.4.1 South and Central America: Servo Drive Market – Revenue and Forecast Analysis – by Category
11.6.5 South and Central America: Servo Drive Market Breakdown, by Voltage
11.6.5.1 South and Central America: Servo Drive Market – Revenue and Forecast Analysis – by Voltage
11.6.6 South and Central America: Servo Drive Market Breakdown, by Application
11.6.6.1 South and Central America: Servo Drive Market – Revenue and Forecast Analysis – by Application
11.6.7 South and Central America: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.6.7.1 South and Central America: Servo Drive Market – Revenue and Forecast Analysis – by Country
11.6.7.2 Brazil: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.6.7.2.1 Brazil: Servo Drive Market Breakdown, by Drive
11.6.7.2.2 Brazil: Servo Drive Market Breakdown, by Category
11.6.7.2.3 Brazil: Servo Drive Market Breakdown, by Voltage
11.6.7.2.4 Brazil: Servo Drive Market Breakdown, by Application
11.6.7.3 Argentina: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.6.7.3.1 Argentina: Servo Drive Market Breakdown, by Drive
11.6.7.3.2 Argentina: Servo Drive Market Breakdown, by Category
11.6.7.3.3 Argentina: Servo Drive Market Breakdown, by Voltage
11.6.7.3.4 Argentina: Servo Drive Market Breakdown, by Application
11.6.7.4 Rest of South and Central America: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
11.6.7.4.1 Rest of South and Central America: Servo Drive Market Breakdown, by Drive
11.6.7.4.2 Rest of South and Central America: Servo Drive Market Breakdown, by Category
11.6.7.4.3 Rest of South and Central America: Servo Drive Market Breakdown, by Voltage
11.6.7.4.4 Rest of South and Central America: Servo Drive Market Breakdown, by Application
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Market Share Analysis, 2024
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions
14. Company Profiles
14.1 ABB Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Fuji Electric Co Ltd
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hitachi Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Bosch Rexroth AG
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Rockwell Automation Inc
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Schneider Electric SE
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Siemens AG
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Beckhoff Automation GmbH & Co. KG
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Infranor GmbH
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
List of Tables
Table 1. Servo Drive Market Segmentation
Table 2. Servo Drive Market – Revenue, 2021–2024 (US$ Million)
Table 3. Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 4. Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 5. Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 6. Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 7. Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 8. Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 9. Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 10. Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 11. Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 12. North America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 13. North America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 14. North America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 15. North America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 16. North America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 17. North America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 18. North America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 19. North America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 20. North America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 21. North America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 22. United States: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 23. United States: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 24. United States: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 25. United States: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 26. United States: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 27. United States: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 28. United States: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 29. United States: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 30. Canada: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 31. Canada: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 32. Canada: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 33. Canada: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 34. Canada: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 35. Canada: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 36. Canada: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 37. Canada: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 38. Mexico: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 39. Mexico: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 40. Mexico: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 41. Mexico: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 42. Mexico: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 43. Mexico: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 44. Mexico: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 45. Mexico: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 46. Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 47. Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 48. Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 49. Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 50. Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 51. Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 52. Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 53. Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 54. Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 55. Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 56. Germany: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 57. Germany: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 58. Germany: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 59. Germany: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 60. Germany: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 61. Germany: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 62. Germany: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 63. Germany: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 64. United Kingdom: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 65. United Kingdom: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 66. United Kingdom: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 67. United Kingdom: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 68. United Kingdom: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 69. United Kingdom: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 70. United Kingdom: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 71. United Kingdom: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 72. Italy: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 73. Italy: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 74. Italy: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 75. Italy: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 76. Italy: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 77. Italy: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 78. Italy: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 79. Italy: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 80. France: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 81. France: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 82. France: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 83. France: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 84. France: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 85. France: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 86. France: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 87. France: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 88. Russia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 89. Russia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 90. Russia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 91. Russia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 92. Russia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 93. Russia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 94. Russia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 95. Russia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 96. Rest of Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 97. Rest of Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 98. Rest of Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 99. Rest of Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 100. Rest of Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 101. Rest of Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 102. Rest of Europe: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 103. Rest of Europe: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 104. Asia Pacific: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 105. Asia Pacific: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 106. Asia Pacific: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 107. Asia Pacific: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 108. Asia Pacific: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 109. Asia Pacific: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 110. Asia Pacific: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 111. Asia Pacific: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 112. Asia Pacific: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 113. Asia Pacific: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 114. China: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 115. China: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 116. China: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 117. China: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 118. China: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 119. China: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 120. China: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 121. China: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 122. Japan: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 123. Japan: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 124. Japan: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 125. Japan: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 126. Japan: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 127. Japan: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 128. Japan: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 129. Japan: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 130. South Korea: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 131. South Korea: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 132. South Korea: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 133. South Korea: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 134. South Korea: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 135. South Korea: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 136. South Korea: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 137. South Korea: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 138. India: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 139. India: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 140. India: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 141. India: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 142. India: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 143. India: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 144. India: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 145. India: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 146. Australia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 147. Australia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 148. Australia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 149. Australia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 150. Australia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 151. Australia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 152. Australia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 153. Australia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 154. Rest of APAC: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 155. Rest of APAC: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 156. Rest of APAC: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 157. Rest of APAC: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 158. Rest of APAC: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 159. Rest of APAC: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 160. Rest of APAC: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 161. Rest of APAC: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 162. Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 163. Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 164. Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 165. Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 166. Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 167. Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 168. Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 169. Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 170. Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 171. Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 172. United Arab Emirates: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 173. United Arab Emirates: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 174. United Arab Emirates: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 175. United Arab Emirates: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 176. United Arab Emirates: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 177. United Arab Emirates: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 178. United Arab Emirates: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 179. United Arab Emirates: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 180. Saudi Arabia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 181. Saudi Arabia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 182. Saudi Arabia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 183. Saudi Arabia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 184. Saudi Arabia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 185. Saudi Arabia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 186. Saudi Arabia: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 187. Saudi Arabia: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 188. South Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 189. South Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 190. South Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 191. South Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 192. South Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 193. South Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 194. South Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 195. South Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 196. Rest of Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 197. Rest of Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 198. Rest of Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 199. Rest of Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 200. Rest of Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 201. Rest of Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 202. Rest of Middle East and Africa: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 203. Rest of Middle East and Africa: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 204. South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 205. South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 206. South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 207. South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 208. South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 209. South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 210. South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 211. South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 212. South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 213. South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 214. Brazil: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 215. Brazil: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 216. Brazil: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 217. Brazil: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 218. Brazil: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 219. Brazil: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 220. Brazil: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 221. Brazil: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 222. Argentina: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 223. Argentina: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 224. Argentina: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 225. Argentina: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 226. Argentina: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 227. Argentina: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 228. Argentina: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 229. Argentina: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 230. Rest of South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Drive
Table 231. Rest of South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive
Table 232. Rest of South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Category
Table 233. Rest of South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Category
Table 234. Rest of South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Voltage
Table 235. Rest of South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Voltage
Table 236. Rest of South and Central America: Servo Drive Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 237. Rest of South and Central America: Servo Drive Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 238. List of Abbreviation
List of Figures
Figure 1. Servo Drive Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Servo Drives Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Servo Drives Market Breakdown by Geography, 2024 and 2031 (%)
Figure 6. Servo Drive Market Revenue (US$ Million), 2021–2031
Figure 7. Servo Drive Market Share (%) – by Drive (2024 and 2031)
Figure 8. AC: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. DC: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Servo Drive Market Share (%) – by Category (2024 and 2031)
Figure 11. Digital: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Analog: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Servo Drive Market Share (%) – by Voltage (2024 and 2031)
Figure 14. Low: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Medium: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. High: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Servo Drive Market Share (%) – by Application (2024 and 2031)
Figure 18. Semiconductor and Electronics: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Automotive: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Packaging: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Oil and Gas: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Metal and Mining: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Pharmaceutical and Healthcare: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Others: Servo Drive Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Servo Drive Market Breakdown by Region, 2024 and 2031 (%)
Figure 26. North America: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
Figure 27. North America: Servo Drive Market Breakdown, by Drive (2024 and 2031)
Figure 28. North America: Servo Drive Market Breakdown, by Category (2024 and 2031)
Figure 29. North America: Servo Drive Market Breakdown, by Voltage (2024 and 2031)
Figure 30. North America: Servo Drive Market Breakdown, by Application (2024 and 2031)
Figure 31. North America: Servo Drive Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 32. United States: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 33. Canada: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 34. Mexico: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 35. Europe: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
Figure 36. Europe: Servo Drive Market Breakdown, by Drive (2024 and 2031)
Figure 37. Europe: Servo Drive Market Breakdown, by Category (2024 and 2031)
Figure 38. Europe: Servo Drive Market Breakdown, by Voltage (2024 and 2031)
Figure 39. Europe: Servo Drive Market Breakdown, by Application (2024 and 2031)
Figure 40. Europe: Servo Drive Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 41. Germany: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 42. United Kingdom: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 43. Italy: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 44. France: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 45. Russia: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 46. Rest of Europe: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 47. Asia Pacific: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
Figure 48. Asia Pacific: Servo Drive Market Breakdown, by Drive (2024 and 2031)
Figure 49. Asia Pacific: Servo Drive Market Breakdown, by Category (2024 and 2031)
Figure 50. Asia Pacific: Servo Drive Market Breakdown, by Voltage (2024 and 2031)
Figure 51. Asia Pacific: Servo Drive Market Breakdown, by Application (2024 and 2031)
Figure 52. Asia Pacific: Servo Drive Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 53. China: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 54. Japan: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 55. South Korea: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 56. India: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 57. Australia: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 58. Rest of APAC: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 59. Middle East and Africa: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
Figure 60. Middle East and Africa: Servo Drive Market Breakdown, by Drive (2024 and 2031)
Figure 61. Middle East and Africa: Servo Drive Market Breakdown, by Category (2024 and 2031)
Figure 62. Middle East and Africa: Servo Drive Market Breakdown, by Voltage (2024 and 2031)
Figure 63. Middle East and Africa: Servo Drive Market Breakdown, by Application (2024 and 2031)
Figure 64. Middle East and Africa: Servo Drive Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 65. United Arab Emirates: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 66. Saudi Arabia: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 67. South Africa: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 68. Rest of Middle East and Africa: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 69. South and Central America: Servo Drive Market – Revenue, 2021–2031 (US$ Million)
Figure 70. South and Central America: Servo Drive Market Breakdown, by Drive (2024 and 2031)
Figure 71. South and Central America: Servo Drive Market Breakdown, by Category (2024 and 2031)
Figure 72. South and Central America: Servo Drive Market Breakdown, by Voltage (2024 and 2031)
Figure 73. South and Central America: Servo Drive Market Breakdown, by Application (2024 and 2031)
Figure 74. South and Central America: Servo Drive Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 75. Brazil: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 76. Argentina: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 77. Rest of South and Central America: Servo Drive Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 78. Heat Map Analysis by Key Players
Figure 79. Company Market Share Analysis, 2024
The List of Companies - Servo Drives Market
- ABB Ltd
- Fuji Electric Co Ltd
- Hitachi Ltd
- Bosch Rexroth AG
- Rockwell Automation Inc
- Schneider Electric SE
- Siemens AG
- Beckhoff Automation GmbH & Co. KG
- Infranor GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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