Servo Drives and Motors

This report encompasses the global market for servo drives and motors for general motion control applications.  Servo drives and motors sold with packaged motion control systems such as computer numerical controls (CNCs) and robotic control systems are excluded from this analysis.  This report focuses specifically on motors and drives used in the industrial automation market and excludes industries and applications that fall outside of this definition.  The report includes servo drives and servo motors sold either as paired solutions or separate components.  The segmentation of this market is based on the shipments of servo motors and drives by five power (kW) segments. The servo drives and motors global market research report delivers current market analysis plus a five-year market forecast, market trends, and mergers and acquisition activities.  The study is available in multiple editions including worldwide, all regions, and most major countries.

Servo Drives and Motors: Digitalization in Modern Automation Components Drives the Market

The trend in digitalization has taken off strongly in the last couple of years.  Modern automation components are required to support digitalization trends.  This requires integrated connectivity, memory, and processing capabilities for easy interface and data transfer between a chain of automation components such as human-machine interface (HMI), programmable logic controllers (PLCs), motion control equipment, sensors, as well as MES and edge-computing devices.  Digitalization enables asset owners and service organizations to make rapid, informed decisions.

With diverse economic and regional dynamics, many factors influence the development of the global servo drives and motors market, with some factors boosting market growth and others constraining it.  Additionally, mergers and acquisition activities among suppliers have continued over the years.  

This research identifies growth segments and market trends, as well as the challenges suppliers face to achieve expansion in a very fragmented market landscape.  In addition to the quantitative assessment, this research provides an insightful analysis of issues that will impact this business in the future.  

Servo Drives and Motors Strategic Issues

Servo Drives and Motors Market TrendsIn addition to providing a five-year market forecast, the Servo Drives and Motors market research report provides detailed quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Suppliers: Identify Industrial IoT Ecosystem for Machine Builders 

Industrial machine builders are struggling to identify the appropriate technologies and business structure to create an Industrial IoT ecosystem that improves their service value proposition. Equipment suppliers in the building systems market are incorporating innovative technology to meet the growing demand for intelligent urban infrastructure. This comprehensive service offering presents a win-win proposition for both equipment suppliers and building owners and operators.   

Strategic Issue for Users: Use of Open Standards 

Standardization is a key to success.  However, standardizing on hardware alone is less important than standardizing on networks and semantics of operations.  Users should look at open communications and standardizing on connectivity rather than on a dedicated controller. 

Strategic Issue for All Market Participants: COVID-19 Pandemic

The COVID-19 pandemic has caused disruptions to global supply chains and business operations.  While the pandemic did not impact the 2019 demand for servo drives and motors, the market projections do take into account industry trends with ARC’s best estimates for how the COVID-19 pandemic will impact the servo drives and motors market in different industries.  

Servo Drives and Motors Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes Country Data) No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategic Recommendations

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Servo Drives
  • Market Shares by Servo Motors
  • Market Shares by Drive and Motor Power
    • Power1: (Up to 1kW)
    • Power2: (>1-2kW)
    • Power3: (>2-5kW)
    • Power4: (>5-15kW)
    • Power5: (>15kW)
  • Market Shares by Revenue Category
    • Hardware
    • Services
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Furniture & Wood Products
    • Machinery
    • Medical Products
    • Pharmaceutical & Biotech
    • Plastics & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Semiconductors
    • Textiles
  • Market Shares by Machinery Segment
  • Market Shares by Customization of Motors
    • Customized Engineered Motor
    • Modified Standard Motor
    • Standard Motor
  • Market Shares by Customization of Drives
    • Customized Engineered Drive
    • Modified Standard Drive
    • Standard Drive
  • Market Shares by Customer Type
  • Market Shares by Sales Channel

Market Forecasts & Histories

  • Total Servo Drives and Motor Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Revenue Shipments of Servo Drives
  • Revenue Shipments of Servo Motors
  • Unit Shipments of Servo Drives
  • Unit Shipments of Servo Motors
  • Revenues by Drive and Motor Power
    • Power1: (Up to 1kW)
    • Power2: (>1-2kW)
    • Power3: (>2-5kW)
    • Power4: (>5-15kW)
    • Power5: (>15kW)
  • Unit Shipments by Drive and Motor Power
  • Shipments by Revenue Category
    • Hardware
    • Services
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Furniture & Wood Products
    • Machinery
    • Medical Products
    • Pharmaceutical & Biotech
    • Plastics & Rubber
    • Printing & Publishing
    • Pulp & Paper
    • Semiconductors
    • Textiles
  • Shipments by Machinery Segment
  • Shipments by Customization of Motors
    • Customized Engineered Motor
    • Modified Standard Motor
    • Standard Motor
  • Shipments by Customization of Drives
    • Customized Engineered Drive
    • Modified Standard Drive
    • Standard Drive
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Scope

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast & History Analysis

  • Market Forecast & History by Country
  • Market Forecast & History by Industry

Industry Participants

List of countries and currencies included in each region

Country Research Focus Areas

Contact us for the countries available for this study.